Vertex Ventures
IPV Achieves 14 Exits in 2024, Delivering ~36% IRR Despite Market Challenges
IPV's portfolio secured 25 follow-on rounds in 2024, delivering 30-40% IRRs. Over five years, IPV achieved 47 exits from 200+ startups, attracting top-tier investors and enabling profitable optional exits.
Spyne Raises USD 16 Mn in Series A to Transform Automotive Retail with AI
This new funding will enable Spyne to accelerate its growth, particularly focusing on expanding its footprint in the US and developing cutting-edge AI solutions to transform automotive retail.
This Week's Best Startup Funding: August 24–31
Here is a list of the startups that have raised the most money this week, from August 24 to August 31.
Beauty Brand Pilgrim Secures USD 9 Mn in Series B Extension; Fireside Ventures Becomes Largest Stakeholder
The Mumbai-based platform plans to utilise the funds to bolster its market presence and fuel its strategic growth plans.
How AI is Transforming Every Industry: The Investors Perspective
The biggest application of AI nowadays is in customer experience. In the next 5-7 years, every enterprise and every startup will be an AI-native startup.
5 Things Women Investors Want Women Founders To Know
So far this year, women-led startups have witnessed USD 112 million in funding almost in line with USD 123 million raised in the first two months of 2023.
Vertex Ventures Wants to Back Founders Building Good Companies Rather Than Chasing Valuation: Piyush Kharbanda
An early stage investor, Vertex Ventures mostly invests in the seed funding and Series A stage. Supported by Singapore state investor Temasek, it has made 34–35 investments so far from its $305 million Fund IV launched in 2019.