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Navigating market fluctuations with fortitude

Venture Capital Firm Vertex Ventures SEA & India Successfully Raises $541M for Fund V, With Investments Focused on Consumer, Fintech, SaaS, Health, Sustainability, and Mobility Fields.

Navigating economic ups and downs effectively
Navigating economic ups and downs effectively

In the bustling Indian startup scene, Vertex Ventures, a leading venture capital firm, is making its mark by supporting mission-driven founders who are building enduring businesses. The firm, known for taking a long-term view, typically invests for 7 to 10 years, aiming to be the partner of choice for early-stage founders building from India for the world.

Vertex Ventures recently announced plans to continue backing mission-driven founders with Fund V. They aim to make about 12 new investments a year, across sectors, while supporting their existing portfolio with capital and strategic inputs. This approach has already proven successful, as evidenced by the recent successes of companies like Kiwi and Elivaas.

Kiwi, a fintech startup that innovatively merges credit with UPI, recently raised $24 million in Series B funding led by Vertex Ventures Southeast Asia & India. Elivaas, a luxury vacation rental platform, is another beneficiary of Vertex Ventures' support.

The opportunity in India is massive, and Vertex Ventures is well-positioned to capitalise on it. They have a track record of successful exits, including IPOs, M&A, and secondary sales. Some notable examples include Grab, FirstCry, XpressBees, SpaceMob (acquired by WeWork), CloudCherry (acquired by Cisco), Glowroad (acquired by Amazon), Recko (acquired by Stripe), Flutura (acquired by Accenture), and Active.ai (acquired by Gupshup).

In addition to traditional startups, Vertex Ventures is also interested in innovative businesses like the bio-factory that manufactures animal-free protein. However, specific details about this investment were not provided.

Another intriguing area is startups that tap into household gold reserves. While details about such investments were not disclosed, it is clear that Vertex Ventures is always on the lookout for promising opportunities.

The path to medium-term profitability for startups is a complex one, and Vertex Ventures understands this. They are committed to helping their portfolio companies navigate this path, providing strategic inputs alongside capital.

Sauce VC, a venture capital firm known for its approach of fine-tuning early to reap benefits in the long run, shares this commitment. They too are invested in the success of startups, and their partnership with Vertex Ventures underscores the synergy between startup and corporate careers.

In conclusion, Vertex Ventures is making a significant impact in the Indian startup ecosystem with its long-term investments and strategic support. As they continue to back mission-driven founders, they are helping to build businesses that will shape the future of India and the world.

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