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TVS Capital named BFSI Investor of the Year 2022 at APEX'23 PE-VC Awards

TVS Capital Funds (TCF) received the BFSI Fund of the Year 2022 Award as part of Venture Intelligence APEX‘23 Private Equity & Venture Capital awards event in Mumbai.  The Venture Intelligence “Awards for Private Equity Excellence” (APEX) is dedicated to celebrating the best that the Indian Private Equity & Venture Capital industry has to offer.  The APEX Awardees are selected based on both Self Nomination by the participating PE-VC firms as well as "crowd sourced" nominations and voting from the Limited Partner, PE-VC and advisory communities. (The main criteria are Exit Track Record, New Fund Raises & Follow-on Funding Rounds for Portfolio Companies) Mr. Gopal Srinivasan, Chairman (Centre) and Mr. Gaurav Sekhri, Senior Principal of   TVS Capital Funds  receiving the Award from Mr. Lalit Valecha, Founder, AVA Group  “We are delighted to receive the best BFSI Apex award from Venture Intelligence. Especially since the Apex awards have a unique process...

Fintech emerges as the most favoured sector among VCs in Q2 2018

Fintech Companies grabbed 26% of all Venture Capital (VC) funding in the quarter ended June 2018 - 24 deals worth $81 million - compared to 11% in the immediate previous quarter. (Health tech investments had grabbed the top spot in Q1 2018.) Investments in Fintech were led by large investments in trade finance and factoring company Drip Capital and SME loan marketplace CoinTribe . Lending startups (12 investments worth $47 million) accounted for 50% of the Fintech investments. Overall, VC firms made 92 investments worth $392 million in Q2’18, data from Venture Intelligence   shows. Investment value increased by more than 20% compared to Q2’17 as well as the immediate previous quarter (which registered investments worth $315 million). In volume (no. of deals) terms, the figure was 12% lower compared to the 104 deals worth $318 million recorded in Q2'17 and flat compared the immediate previous quarter (which registered 95 deals). Note: Venture Capital is defined by V...

Focus Turns to New Verticals as Fintech Investments Gathers Pace in Post-DeMo India

Venture Capital investors invested in as many as 8 fintech companies in just the month of October 2017 - representing a new high for the sector during the year. Early Stage investors have been favouring the sector over yesteryear star of B2C E-Commerce making 11 seed and 17 Series A bets in Fintech companies during the tear. A year after the Indian Government Demonetized ("DeMo") its high value notes, which saw mobile wallet companies like Paytm and Mobikwik gain very significant heft, investors seem to have decided that sufficient funding has gone into the payments category. They are now focused on new verticals within Fintech - especially Insurance marketplaces (Policybazaar, Renewbuy), SME focused lenders (Lendingkart, Capital Float), Credit evaluation (Credit Vidya, Datasigns), micro-credit for students (Krazybee and Slicepay), end-of-month credit for salaried professionals , etc. The article was optimized for viewing on Linkedin. Click here to read mor...

What's Next for Fintech?

Data from the  Venture Intelligence Venture Capital Deals Database  shows that, even in 2015, when E-Commerce/Online Retail was ruling the roost (grabbing over 45% of the investments), Fintech investments had accounted for as much as 15% of the VC investment pie. An Economic Times survey of VCs published last week found Fintech to be the most favoured sector for investments in the next 6 to 12 months. Venture Intelligence data shows that Fintech investment have been picking up after falling for two quarters following the high in Q3'15. Clearly, this is one sector where VCs are becoming more and more comfortable to deploy their "dry powder" (or uninvested capital).  Among the most active VC investors in the sector include Accel India (MoneyView, Quiklo, Scripbox), Sequoia Capital India (Mobikwik, Cleartax) and Kalaari Capital (CreditVidya, Active.ai). Social VC or Impact Investors are also enthusiastic with Aspada Investments picking up stakes in NeoGr...