Reasoned - 3rd Newsletter

Harsh Mandavia
June 21, 2024 • Estimated Reading Time: 2 minutes

Reasoned Ventures - Weekly Bulletin

Your weekly dose of news, events & occasional announcements.

News Of The Week

General Catalyst merges with Venture Highway in India | TechCrunch

General Catalyst is linking up with Venture Highway to make a deeper push into India, where it plans to invest $500M to $1B in coming years.

Decentralised venture community IndianVCs launches flagship online platform

Through this platform, IndianVCs—which aims to become the ‘mini Y-Combinator’ of India—will address the challenges faced by startups in fundraising and hiring, especially during their initial stages.

Airwallex for Startups Debuts in Singapore to Help Drive Local Startup Success

SINGAPORE, June 20, 2024--Amid increasing positive sentiment about the business climate1, Airwallex has launched its ‘Airwallex for Startups’ program in Singapore to further empower the city-state's community of over 55,000 startups.

Fintech firm Pine Labs weighs $1 billion IPO in India

Pine Labs is reportedly considering a US IPO that could value the company at over $6 billion. The offering is expected to include both new and secondary shares, and the company may pursue a pre-IPO funding round.

[Weekly funding roundup June 8-14] VC funding dips in the absence of large deals

Venture capital funding into Indian startups is expected to remain uneven as investors continue to stay cautious of large cheque deals.

Portco Spotlight

e-bike rental company Yulu helps make 10 crore ecom deliveries | Autocar Professional

With a fleet of 30,000 vehicles operating in Bengaluru, Mumbai (including Navi Mumbai), Delhi, and Gurugram, Yulu has become the EV of choice for hyperlocal deliveries in these cities