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During the lockdown, VCs in India have largely focused on investing in startups founded by entrepreneurs they have known from earlier (read pre-Covid) or in backing existing portfolio companies. One of them is bucking that trend. #VentureCapital #StartupIndia #Thread
Of the 8 investments made by Falcon Edge during lock down period, 6 went into new investments. Primarily focused on #ArtificialIntelligence
SenseHawk - Series A
@availfinance - Series B
@entropiktech - Series A
@verloopio - Series A1
@nextbillionai - Series A
Setu - Series A
SenseHawk - Series A
@availfinance - Series B
@entropiktech - Series A
@verloopio - Series A1
@nextbillionai - Series A
Setu - Series A
Falcon Edge is founded by second generation "Tiger Cub" Rick Gerson and former-Eton Park executives Navroz D. Udwadia and Ryan Khoury.
More Info available in this Newyork Times @dealbook article: https://dealbook.nytimes.com/2012/07/30/tiger-management-helps-next-generation-funds/
More Info available in this Newyork Times @dealbook article: https://dealbook.nytimes.com/2012/07/30/tiger-management-helps-next-generation-funds/
This @livemint article by @manicontrol2020 chronicles Falcon Edge's journey in India including
Flexible Investment strategy
First Investment in http://Housing.com
Partnership with @matrixindiavc
Upcoming Plans
https://www.livemint.com/companies/start-ups/falcon-edge-capital-in-talks-for-250-mn-fund-focused-on-india-11581273748129.html
Flexible Investment strategy
First Investment in http://Housing.com
Partnership with @matrixindiavc
Upcoming Plans
https://www.livemint.com/companies/start-ups/falcon-edge-capital-in-talks-for-250-mn-fund-focused-on-india-11581273748129.html
Of its 24 investments in India, Falcon Edge and @matrixindiavc have partnered in 10 of them. Common portfolio include (Source: https://www.ventureintelligence.com/pelogin.php )
@Olacabs
Ola Money
@DailyhuntApp
@DealShareIndia
@Mswipe
@ofbusiness_com
@Quikr
Stanza Living
@availfinance
@zupeequiz
@Olacabs
Ola Money
@DailyhuntApp
@DealShareIndia
@Mswipe
@ofbusiness_com
@Quikr
Stanza Living
@availfinance
@zupeequiz
Falcon Edge is now doubling down on India with a new Alpha Incubation Wave fund , sponsored by @Adq_Official with a focus on artificial intelligence and machine learning. @AditiS90 reported that the fund is also building its India team for the fund. https://tech.economictimes.indiatimes.com/news/startups/falcon-edge-cofounders-alpha-wave-incubation-to-set-up-india-investment-team/77893385
With VCs slowing down during the lock down, can Falcon Edge's aggressiveness serve as a catalyst for other VCs to start investing in startups they've only met over Zoom?
End of Thread.
End of Thread.
