Anil Giriraju, COO and Co-founder of Bounce, is a Gold Medalist â CS and ICWA. InnoVen Capital makes its second investment in Infra.Market 13 Jan, 2021, 06.02 AM IST. Meanwhile, Consumer Internet, Enterprise Tech/AI, Fintech, and EdTech emerged as the most active sectors for early-stage investors. CHENNAI: E-retailer DealShare has raised Rs. Questt, owned and operated by Reallearning Technologies Pvt. InnoVen Capital India Pvt. Innoven invested Rs 50 crore in the Infra market. InnoVen Capital India: Startup Outlook Report 2021 3 FOREWORD 6th edition of InnoVen Start-up outlook report ⦠a view from founders Last year was an eventful year to say the least. Zoomcar holds the distinction of being Indiaâs first personal mobility platform, with the introduction of car sharing services in 2013 and today is the market leader in the personal mobility space with over 10,000 cars in its fleet.With a strong focus on the mobile experience, Zoomcar allows users to rent cars by the hour, day, week, or month. InnoVen Capital is focused on high growth economies and currently has an operational presence in India, South East Asia, and China. The funds will be used to fund the expansion plans of the company. Innoven capital again invested in Infra market. InnoVen Capital. New Delhi, May 18 (PTI) InnoVen Capital on Monday said it has invested Rs 13 crore in LetsTransport, a marketplace for fulfilling intra-city last mile deliveries. InnoVen Capital, Asiaâs venture debt and specialty lending firm, has now infused INR 25 crore in the consumer electronics startup boat. Other major venture debt firms in India include InnoVen Capital, Trifecta Capital and Alteria Capital. The startup counts Omidyar Network, Falcon Edge Capital, WestBridge Capital, Matrix Partners India, Z3 Partners, DST Global, and InnoVen Capital as its investors. In his last role, he was VP & Head â Private Investments & [â¦] Contact Us. January 18, 2021 / Twinkle Saloni / Angel Investment, Angel Investors, Funding. InnoVen Capital is Asia's leading venture lending firm with offices in India , Singapore and China. Team Startupcity. Veterans from the industry Ashish Sharma of InnoVen Capital, Atul Mehta, former World Bank Group officer, Kunal Shah, founder of CRED also participated in this round, the company said in a statement. He has been engaged in the startup ecosystem in India for more than a decade. Jaipur and Bengaluru-based hyper local ecommerce startup DealShare has raised Rs 25 crore in debt funding from Innoven Capitals. Prior to starting Alteria Capital, Vinod was Deputy Chief Executive Officer at InnoVen Capital India and Managing Director (2014-2017). It started on a promising note but Covid led to a perfect Founderâs Choice . He has worked with American Towers and BEL in the past. INNOVEN CAPITAL PTE. The address of the Business's registered office is at the CAPITAGREEN building. Gurugram and Bengaluru-based fintech startup -  Chqbook  on Friday announced that it has raised $1 million from InnoVen Capital. Infra market raised $20 million. The online doctor ⦠The company had received a commitment of Rs 20 crore in venture debt from the investment arm of Flipkart co-founder Sachin Bansal last year, according to media reports at the time. Innoven Capital Infuses INR 25 Crore in Hyper Local Ecommerce Startup DealShare. CORE TEAM SUMIT DHANUKA Founder & Managing Partner Sumit Dhanuka is a first-generation entrepreneur, sustainable development enthusiast and an avid global innovation catalyst. Chin Chao brings with him more than 20 years of experience in the venture capital and venture debt industries, including entrepreneurship, leadership and strategy. InnoVen Capital first invested $4.5 million as debt in the company in September 2019. The latest funding brings InnoVenâs total investment in Bounce to US$12 million. BharatPe raises funding from InnoVen Capital. This is Dealshare's second round of fundraising in ⦠Startup founders expect a weaker funding environment in 2020, as compared to 2019 when 75% of founders surveyed by venture debt firm InnoVen Capital had a favourable funding experience. 94% of founders want to raise funds this year, but 64% of fund-seekers had bad experiences in 2016, says report from venture debt firm Innoven Capital. Mumbai based education firm Eruditus Executive Education has raised funds worth Rs.16 crores as venture debt from InnoVen Capital. Favourite Startup & Founder. The fund has a target of Rs 1,000 crore and a greenshoe option of Rs 700 crore. InnoVen Capital leads â¹22 crore debt funding round in TravelTriangle Varun - October 17, 2018 0 Curated travel platform TravelTriangle has raised around â¹22 crores ($3 million) in debt funding from venture debt and lending firm InnoVen Capital. Vinod has 15+ years of experience spanning Venture Debt, Mezzanine Capital & Structured finance, Corporate Banking and Branding. Since September 2016, InnoVen has made available over USD 4.5 million of credit lines in aggregate to select portfolio ⦠The countryâs notable venture debt providers - Temasek-owned InnoVen Capital and Alteria Capital have completed follow-on ⦠... Venture debt and speciality lending firm InnoVen Capital on Friday said that it has invested INR 35 crore in a debt funding round in Pepperfry. The debt infusion follows a $105 million growth equity capital round that the company raised last month. AET Fund, Snapdeal founders Kunal Bahl and Rohit Bansal, 91springboard founder Pranay Gupta, LivSpaceâs Ramakant Sharma, First Cheque and Razorpay founders also invested. Having run a startup himself for 3+ years, Ujwal understands the issues involved at an early stage. New Delhi [India], Jan 5 (ANI): India's first and largest venture debt firm InnoVen Capital has announced the launch of InnoVen Credit Assistance Program (InnoVenCAP) aimed at maturing startups that could use conventional debt financing to help optimize cash flow. It is a B2B building material platform backed by Tiger Global. LTD. INNOVEN CAPITAL PTE. LTD. (the "Business") is a Private Company Limited by Shares, incorporated on 20 November 2014 (Thursday) in Singapore. InnoVen is very excited to be part of this ride with Bounce.â Vivekananda HR, CEO and Co-Founder of Bounce, is a CA and has previously worked with KPMG and S&V Chartered Accountants. Share. Started in the year 2016, Boat Lifestyle portfolio includes the speakers, earphones, travel chargers, headphones, and premium cables. InnoVen Capital is a joint venture between UOB and Temasek ⦠Resilient Innovations Pvt Ltd, which operates the payments and financial services-focussed startup BharatPe, has raised Rs 60 crore (about $8.2 million) from venture debt firm InnoVen Capital. Ashish Sharma, MD & CEO, InnoVen Capital said âItâs a matter of great pride to be recognized as the best Venture debt player two years in a row. He has been engaged in the startup ecosystem in India for more than a decade. 25 crors in a debt funding from Innoven Capital. A -125, Neeti Bagh, New Delhi - 110049, India. ... To : Founder at Chqbook . According to a report by InnoVen Capital, which focused on investments across angel and pre-series A rounds, the investments amounted to INR ⦠India. Two-wheeler rental service provider Bounce today said it has raised $3 million from leading venture debt firm, InnoVen Capital. Phone: +91-11-46001000 | Email: [email protected] . 0. He also serves as Venture Advisor for Strategic Investments and Open Innovation for a few large Indian Family offices. Ujwal is an investment professional at Innoven Capital and is responsible for sourcing, evaluating and executing venture deals in India. Zoomcar - About and How Zoomcar Works. Tinder founder leads funding in real estate startup Method & Madness 12/02/2021. The round doubled Bounceâs valuation to an estimated $500 million. According to the India Startup Outlook Report 2021 by Innoven capital, startup funding scenarios are changing for the better. Ashwin Damera, co-founder, Eruditus said, âWe are excited to partner with Innoven to raise venture debt. The ⦠Aman Gupta and Sameer Mehta, Co-Founders, boAt It is the venture debt fundâs third investment in the Bengaluru-based company over the last 18 months. This investment underlines the InnoVen Capitalâs commitment to back promising start-ups that are disrupting their respective categories. The firm has invested INR 25 crores in the platform. The company has recently invested 25 crore funding in a consumer electronics startup called boAt. Venture debt lending firm InnoVen Capital has invested $1.6 Mn (INR 12 Cr) as debt capital in Bengaluru-based DocsApp. The round was led by Facebook co-founder Eduardo Saverinâs B Capital Group and venture capital firm Accel along with some existing investors. The Business current operating status is live and has been operating for 6 years 163 days. Ashish Sharma, CEO, Innoven Capital India added, âHealthcare delivery is at an inflexion point and Covid has further accelerated the transition. Ltd. 2017 - Present4 years. Speaking on the investment, Ashish Sharma from InnoVen Capital, said, âWhat is exciting about DealShare is their deep understanding of the consumers. Founded in 2008 as a dedicated venture debt provider in India, InnoVen offers multiple debt capital solutions, including venture debt, acquisition finance, growth loans, and syndication. In India, InnoVen Capital is positioned as the first and largest venture debt provider to venture capital backed start-ups across stages of ⦠InnoVen Capital is venture debt and specialty lending firm in Asia. December 27th, 2019: InnoVen Capital, Asiaâs leading venture debt firm, released the 4th edition of the â Early Stage Investment Insights Report 2019 â, describing the current trends in the early stage Indian start-up ecosystem. Vinod has 15+ years of experience spanning Venture Debt, Mezzanine Capital & Structured finance, Corporate Banking and Branding. The companyâs co-founder Aman Gupta had then told the news agency that their target of INR 500 crore in revenue was for the financial year 2020 -21. He also looks after his portfolio companies which are across various sectors and stages. There are plans to expand to other suitable economies in the region. This investment underlines the InnoVen Capitalâs commitment to back promising start-ups that are disrupting their respective categories. Infra.Market, which provides building material to L&T, Tata Projects and Ashoka Buildcon, is now well-capitalised to execute its growth agenda, co-founder Souvik Sengupta says. However, the number of start-ups with at least one female co-founder went down in 2019 to 12% as compared to 17% in 2018. Prior to starting Alteria Capital, Vinod was Deputy Chief Executive Officer at InnoVen Capital India and Managing Director (2014-2017). Chin was most recently the Co-Managing Director at Sirius SME, a venture capital firm he co-founded in the middle of 2008. In December, during the funding round led by the evolvence India fund. ... InnoVen capital ⦠Ltd, will use the capital to increase its user base, acquire talent and add more features to its platform. Alteria, started by former InnoVen executives Vinod Murali and Ajay Hattangdi, marked the first close of its second fund at Rs 1,325 crore in April. ORIGIN Conference is TechNode Global's premier international content track about the latest developments in the pan-Asia tech and startup scene where international industry leaders and technology innovators from across the region gather to share trends, experiences, and leadership lessons. Source: Early Stage Investment Insights Report 2019 by Innoven Capital. Gurugram and Bengaluru-based fintech startup Chqbook on Friday announced that it has raised $1 Million from InnoVen Capital. 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