Dallas Venture Capital Closes $80 Mn Early-Stage B2B SaaS Fund, Nakad Raises $7M, and more
Dallas Venture Capital is raising a separate fund for India worth $50 Mn, which has already invested in Disprz and IntelleWings. The VC firm will go at a pace of one startup per quarter, investing in 20-25 startups over the next 4-5 years.
Venture Capital firm Eight Roads Venture India has announced its first dedicated healthtech and life sciences fund worth $250 Mn.
The VC firm claimed that the fund was among the largest for the sector in India, and has brought the total amount managed by Eight Roads in India to $1.6 Bn
equipifi, a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, completed a $12 million Series A funding round. The investment, led by Curql Collective via Curql Fund and PHX Ventures, will enable equipifi to provide financial institutions with BNPL capabilities available through their existing debit cards and banking app as consumer payment preferences evolve.
Supply chain financing provider Nakad has raised $7 million as part of its seed funding round, Economic Times of India reported. The new funds will be used for scaling its presence and boosting its employee head count, adding people in technology, product, customer success and business development.
Broadcom Inc said on Thursday it will acquire cloud computing company VMware Inc in a $61 billion cash-and-stock deal, the chipmaker's biggest and boldest bid to diversify its business into enterprise software.
From Saastitute, with love:
1. Upscaling B2B SaaS: Can Your SaaS Offer Both Service & Products?
A traditional black and white approach would have SaaS entrepreneurs think that you're always selling a service as a B2B SaaS business. But as the world of SaaS gets wiser, we know that the scope of what your SaaS could be selling can evolve.
A market trend that has been observed is that SaaS could start as a service, but as the business itself matures/grows, it could take on the nature of a product…
2. The Top Government Schemes for Startup Funding
The Indian government has been providing more and more opportunities for startups looking to develop, expand or start new operations. This support is available in the form of financial assistance and tax benefits through a number of schemes.
They’re aimed at supporting entrepreneurial efforts and creating employment opportunities. Here’s a lowdown on different government schemes for funding startups…
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