Venture

Prosus eyes 5 Indian IPOs in next 18 months

Prosus anticipates as many as five potential IPOs from its Indian portfolio over the next 18 months, signalling growing momentum in the world’s second-largest internet market. The Dutch technology investment group on Monday named payments giant PayU, e-commerce startup Meesho and online jewelry seller Bluestone among startups preparing for public listings. TechCrunch reported last month

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Sequoia nears first Asia-Pacific deal since regional split

Sequoia is closing in on making its first deal in India and the broader Asia Pacific region since its split with former partners, according to four sources familiar with the matter. The investor, one of the world’s largest venture capital firms, is in advanced talks to back Vance, a Bengaluru-based cross-border payments startup, the sources

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HongShan, spun out of Sequoia last year, is reportedly struggling to invest its huge war chest

According to the Financial Times, HongShan, the Chinese investment firm spun off from Sequoia Capital in 2023, is aggressively expanding into Europe and North Asia owing both to “shrinking options” in China and to limited partners that have grown frustrated with how slowly HongShan is deploying the $9 billion in capital commitments it secured two

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India, already an IPO bright spot, prepares for bigger surge in 2025

India has bucked the global trend in initial public offerings this year, establishing itself as a rare bright spot for tech listings while other major markets face continued headwinds. The world’s most populous nation is now preparing for an even more substantial wave of startup IPOs in 2025. More than 20 startups are preparing to

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ServiceTitan could be the first of many ‘dirty’ term-sheet IPOs, VCs believe

When ServiceTitan filed documents last week for its IPO, hoping to have its debut before the end of 2024, the tech world wondered if a stuck IPO market was unlocking at last. Alas, probably not. But ServiceTitan could actually be a harbinger of something else entirely: a series of late-stage companies being forced to IPO

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Cleo Capital launches cybersecurity accelerator to help undo the ‘crushing burden’ of online threats

Cleo Capital, the early-stage venture fund that counts the AI firm Groq, fintech company Ellevest, and fashion brand Hill House as investments, has announced the launch of a new cybersecurity accelerator. The program is looking for pre-seed and seed companies from all around the world. The accelerator is a remote, 12-week program, with a standard

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Another star athlete is making his way into venture capital

Giannis Antetokounmpo, a player for the Milwaukee Bucks, launched a venture capital firm called Build Your Legacy Ventures that will focus on sports and entertainment investing, according to Bleacher Report. Antetokounmpo will serve as general partner. The fund was “not just about capital; it’s about forging partnerships and opening my network to accelerate the growth

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Marc Andreessen, Joe Londsale and all the other VCs reportedly in the running for new Trump committees

With Elon Musk playing such a high-profile role in Donald Trump’s transition team, Musk’s buddies, many of them Silicon Valley venture capitalists, are reportedly being tapped to help out. For instance, VC firm Andreessen Horowitz, and in particular cofounder Marc Andreessen, is repeatedly being mentioned. He, along with Antonio Gracias and Joe Lonsdale, are reportedly

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