The data increasingly indicates that the boom in financing is being led by midand late-stage rounds of over $50 million, and is now trickling down to even early-stage transactions.
YouTube is a powerful platform, and in India people use it to teach themselves new skills, he said.
Sequoia and other VC firms help experienced entrepreneurs make angel investment in new ventures.
The fund will primarily be focused on startups in India, but will also look at backing entrepreneurs in Southeast Asia.
Deal may be structured as a multi-decade lease.
The deal could see the participation of more than one new investor. Additionally, Dream11’s existing backer Tencent is also keen to increase its stake in the company.
The fight-for-survival game has acquired the status of a cultural phenomenon the world over.
It’s big money as hit game’s publisher, livestreamers and 1 crore daily Indian users go all guns blazing .
SoftBank Vision Fund’s deal with Delhi-based Lenskart, where it will also potentially see a co-investor join the round, will value the company at close to $1.5 billion.
Prime Now will serve as a platform focusing on high-frequency use cases of both food and grocery delivery, as Amazon looks to capture a bigger share of urban consumers.
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