Eduardo Saverin News

Subscribe to enjoy similar stories.Facebook founder Eduardo Saverin's venture capital firm B Capital is looking to increase its exposure in India by investing in deeptech, artificial intelligence and energy transition sectors, according to a top executive.“We want to try to deploy $50 million to $100 million in India on an annual basis,” Karan Mohla, general partner at Singapore-based B Capital, said in an interview with Mint. “We see India as our primary market after the US.”The 10-year-old firm invested in global enterprise tech in its initial five years and in consumer tech over the next two to three years.

The Qatar Investment Authority is leveraging its over-$500 billion in assets to attract venture capital firms to the hydrocarbon-rich state.

Subscribe to enjoy similar stories. Bengaluru: The world may still be grappling to figure out the scale of upheaval that generative AI could cause. Yet, Indian venture capital investors have joined top global peers in chasing the next disruptive offshoot of generative AI: agentic AI.

(Reuters) -Facebook co-founder Eduardo Saverin's global investment firm B Capital on Tuesday announced the close of its second Opportunities Fund, with total fundraising of $750 million as it bets on late-stage startups.

BENGALURU : Global investment firm B Capital, which has backed prominent Indian startups such as Byju's, Pharmeasy and Meesho, on Tuesday announced the close of its second Opportunities Fund at $750 million. The fund saw participation from existing and new investors as well as global private and public pensions, family offices, high-net-worth individuals, and sovereign wealth funds, the multi-stage investment firm said in a statement on Tuesday.

Despite the ongoing bearish trend in cryptocurrency markets, venture capital firms continue pouring capital into major industry players like FalconX.

Crypto exchange CoinDCX became India’s first crypto business to complete a Series D funding round, raising $135 million in support of various Web3 and crypto initiatives in the country. 

CoinDCX announced the launch of its Crypto Investment Plan (CIP), which is similar to the usual systematic investment plans (SIP). This product offering will help investors invest a fixed amount in crypto at regular intervals. CIP offers investment installments on a weekly basis where investors can invest a fixed amount every week. This enables users to benefit from rupee-cost averaging, lowering market volatility risks over time and countering the volatile nature of crypto, the company said. The customers benefit from compounded returns, enabling them to build their digital wealth on a long-term basis, it added. “Retail investors often find themselves at the crossroads as to which asset to invest in, and at what price to invest at. CIP is one such product through which we are helping investors to stop worrying about timing investments with the market, addressing the dynamic nature of crypto and building greater confidence by minimising risks in crypto investing,” said Sumit Gupta, CEO of CoinDCX.

Crypto trading platform, CoinDCX, has selected crypto-native risk monitoring firm Solidus Labs as a strategic compliance partner. CoinDCX claims to be India’s first crypto unicorn and the nation’s safest crypto exchange. The deal will improve the transparency on the trading platform. The partnership between CoinDCX and Solidus aims to protect its users from known forms of market abuse and a plethora of emerging crypto-specific risks, the company said.

Crypto trading unicorn CoinDCX on Tuesday said it now has more than 1 crore users. It claims to be India's safest crypto exchange with vision to provide safe, secure and easy access of digital assets to more than a crore of crypto investors in India. The company became India's first crypto unicorn after its Series C funding round led by former Facebook co-founder Eduardo Saverin’s B Capital and others.