Latest Public Relations
Will India emerge as a global economic powerhouse in 2024?
Against a backdrop of global economic volatility, coupled with food and oil supply shocks keeping inflation elevated, some may wonder whether India’s growth momentum will continue in 2024.
Byju’s year of challenges: will 2024 be any different?
The year 2023 has not turned up well for Indian start-ups – none more so than Byju’s, the marquee name in the Indian start-up and Unicorn space. The edtech company, which was not so long ago seen as a testament to the success of India’s start-up ecosystem, has seen it all during the year –investigation for FEMA violation, large-scale layoffs, defaults and mass exodus at the top.
We Founder Circle’s GIFT City Fund Raises $10 Mn, Onboards 250+ Investors
Angel investment networking platform We Founder Circle’s (WFC) GIFT City Fund has raised $10 Mn (around INR 83 Cr) and onboarded more than 250 investors. The GIFT City Fund, called WFC Global Angels Fund, has a target corpus of $30 Mn, with a green shoe option of $30 Mn.
Exploring the multifaceted partnership between India and the United States
India and the United States have recently agreed to work together more closely to support new ideas and businesses. The idea is to help startups handle challenges, share useful information, and improve the way entrepreneurs raise money.
How to invest in Startups
In this exciting episode of “Dhan ki Baat,” we’re delving into the world of startup investments with a seasoned expert, G aurav Sanghvi. If you’ve ever dreamed of backing the next big thing or wondered how to navigate the exciting but risky world of startup investments, this episode is a must-listen.
Interview with CA Gaurav VK Singhvi, Startup coach & Co-Founder of We Founder Circle
At We Founder Circle, our approach as an active investor goes beyond providing financial support to the startups we invest in. We act as venture builders, working closely with founders to catalyze their growth in multiple ways.
Hype apart, India's Deep tech ecosystem struggles to attract Investment and Talent
Investing in deep tech in India is not as common as investing in other types of technology. These projects take a long time to develop and show a profit, which makes them different from other tech businesses. In the beginning, they don’t make much money, but once they get going, they often grow rapidly.
The story of We Founder Circle, which provides Funding to more than 120 Startups
We Founder Circle (WFC), an early-stage startup investment platform, has funded over 120 startups so far. In the year 2022, it completed 71 funding rounds and invested in 53 startups. The company launched two angel funds in December 2022.
Why Funding for Startups will remain low till the year end?
The last quarter particularly faced significant challenges in funding. Looking ahead, the next two to three months are expected to continue at a similar pace. However, a turning point is anticipated around December and January, indicating a positive shift.
The Story of We Founder Circle which provides funding to more than 120 startups
We Founder Circle (WFC), an early-stage startup investment platform, has funded over 120 startups so far. In the year 2022, it completed 71 funding rounds and invested in 53 startups. The company launched two angel funds in December 2022.
Why funding for startups will remain low till the year end?
The last quarter particularly faced significant challenges in funding. Looking ahead, the next two to three months are expected to continue at a similar pace. However, a turning point is anticipated around December and January, indicating a positive shift.
Income Tax Department Notifies 'Angel Tax' Rules For Startup Valuations
It provides relief to startups and investors by reducing the tax burden and simplifying the taxation of such investments. This significant change in policy provides much-needed relief by reducing the tax burden on both startups and investors.
G20 Summit: Startups hope Delhi Declaration to help ease capital access
A globally agreed-upon definition of startups will provide clarity and consistency in identifying and categorising startups. This will help Indian startups gain international recognition and potentially attract more global investment
Investing Communities Thriving in Tier 2/3/4 Cities: We Founder Circle taps investors in smaller towns
We are a community of 10,000-plus investors today. I have travelled to 43 cities in India this year meeting the investor community from small towns and cities, educating people about this asset class — startups.
Will BYJU's overcome spate of challenges coming its way?
Board resignations, combined with Deloitte’s departure as the company’s auditor, raise questions about internal governance, decision-making processes, and potential conflicts within BYJU’s. The absence of board members and an auditing firm may impact transparency, accountability, and overall corporate governance,” Gaurav V.K. Singhvi,
Global VC funding slump: Assessing the impact of investor caution and interest rate hikes
Venture capital (VC) funding, which plays a crucial role in fueling innovation and supporting startups, has experienced a significant slump in recent times. The combination of investor caution and interest rate hikes has contributed to this decline, raising concerns about the future of VC investment and its impact on the entrepreneurial ecosystem.
Byju's Troubles Have Made Edtech A 'Stigmatised' Word
Now, increased scrutiny of Byju’s by regulatory authorities can instill uncertainty and caution among stakeholders, potentially influencing the overall sentiment and investment climate, said Gaurav VK Singhvi, an angel investor and co-founder at We Founder Circle.
Valuation Cuts Calls for Prioritising a Sustainable and Resilient Startup Ecosystem
Gaurav VK Singhvi, Co-founder of We Founder Circle, added to this by pointing out that the valuation cuts present opportunities for investors to re-evaluate and potentially capitalise on the long-term potential of these promising startups.
Valuation Markdowns Plague Indian Unicorns
An angel investor and the cofounder of investment firm WeFounderCircle Gaurav VK Singhvi attributes the markdowns to larger uncertainty in the markets. He told Inc42 that the downgrades were largely the result of a negative market environment turning out to be a stronger force than startups’ investor pull.
Strategies for Startups to Overcome the Funding Winter
As explained by Gaurav VK Singhvi, Co-founder of We Founder Circle, startups must be resilient, adaptable, and savvy in order to survive a funding shortage. Startups can overcome obstacles, establish sustainable growth, and create scalable enterprises around the world by utilising these tactics and keeping a long-term vision.
Bad loans, Defaults and a Failed Merger: How Zestmoney’s Rise hit a Roadblock
According to Gaurav VK Singhvi, co-founder of We Founder Circle, the BNPL firm faced a higher-than-usual credit default rate. He says that ZestMoney faced an inherently difficult loan recovery process where it had to allocate resources to address high service deficiency charges.
