News, Startups

Fundlaunch – Jungle Ventures Closes $100M in Second Fund & 4 More New Startup Funds

Fundlaunch is your quick summary of notable fund launches for startups. This segment includes announcements on startup funds launched by Jungle Ventures, Accel Partners, CSIR, Startburst Ventures and Centrum.

Jungle Ventures Closes $100M in its Second Fund

Singapore-based Jungle Ventures has closed $100 million in its second fund for startups. The venture capital firm would be looking to invest in Series A or Series B rounds. It would be investing in South East Asia, primarily in Indian and Australian startups. Read More

Accel Partners Closes $450M Early Stage Fund

VC firm, Accel Partners, has closed $450 million for its 5th India fund. The fund would focus on early stage startups operating in the areas of consumer internet, SaaS, fintech, B2B and healthcare. It will start making investments in early 2017. Read More

CSIR Sets Up Rs 400Cr Startup Fund

The Council of Scientific and Industrial Research (CSIR) has announced a Rs 400 crore fund for innovative startups. The fund will also assist in supporting the research happening in its own laboratories to go to market. CSIR has created the fund from its own revenue, and will increase the size if required. Read More

New $200M Fund Launched for Space Tech Startups Worldwide

A new venture fund has been launched for Space technology startups, called Starburst Ventures. It has raised $200 million to invest in early stage firms over the next three years. It is based in San Francisco, USA, and will invest in startups globally. Read More

Financial Services Firm Centrum Launches Rs 500Cr PE Fund

Financial services firm, Centrum, has launched a Rs 500 crore PE fund for mid-sized, un-listed companies, operating in the sectors of Fintech, EduTech, Healthcare and FMCG. The fund which has been named ‘Kalpavriksh’ will invest over a span of 5 years. Read More


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