Events & News

Ankur Capital bets on health-tech, agri-tech startups

April 6, 2021

Ankur Capital, an early-stage investor that focuses on tech-driven businesses, has invested in a health-tech startup and an agri-tech

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Rupifi Raises $4.1 Mn In Pre-Series A Round Led By Quona Capital

March 26, 2021

Buy now, pay flexibly (BNPF) embedded finance platform Rupifi for micro, small and medium enterprises (MSMEs) on Friday announced to have raised $4.1 million in a pre-Series A round led by Quona Capital, with participation from Ankur Capital and Flipkart co-founder Binny Bansal.

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Indian early-stage VC firm Ankur Capital raises $45.4m in its second fund

March 15, 2021

India-based VC firm Ankur Capital announced it has closed an intermediate round of its Fund II at 3.3 billion rupees (US$45.4 million). It received new funding from the MacArthur Foundation, the Biotechnology Industry Research Assistance Council, and the National Bank for Agriculture & Rural Development.

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[Funding alert] Captain Fresh raises $3M led by Matrix Partners India, Ankur Capital

March 10, 2021

Captain Fresh, the B2B marketplace for the seafood supply chain, has raised $3 million in seed capital led by Matrix Partners India and Ankur Capital. The round also saw participation from Incubate Fund, along with marquee investors like Jitendra Gupta (Jupiter Money), Amrish Rau (Pine Labs), Asish Mohapatra (OfBusiness) and Revant Bhate (Mosaic Wellness), and ADB Ventures (the venture arm of Asian Development Bank).

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VC Funding Still a Tall Order for Women Founders

March 8, 2021

Last month, Whitney Wolfe Herd made history on several fronts. The 31-year-old became the world’s youngest self-made woman billionaire after taking Bumble for an Initial Public Offering (IPO) and also the youngest woman founder to take a company public.

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How BigHaat Is Leveraging AI To Help Farmers Make Hay

February 16, 2021

The agriculture sector is betting big on AI and data science. Founded in 2015 by Sateesh Nukala and Sachin Nandwana, Bighaat has harnessed data science to create a platform for farmers to help them in sowing, harvesting and providing crop advisory and accessibility to a wide range of high-quality farm inputs.

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MacArthur Foundation backs Ankur Capital fund for tech impact in India

January 27, 2021

ImpactAlpha, Jan 27 – Commercial investors tend to steer clear of businesses targeting low-income customers, leaving billions in India without access to affordable and essential products and services. Mumbai-based Ankur Capital seeks out early and even unproven businesses in agriculture, food, health care, financial inclusion and education using technology to drive down the cost of delivery of high-impact products at scale.

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Temasek’s impact investing arm bets on CropIn in debut India investment

January 6, 2021

ABC World Asia, an impact investment firm set up by Temasek Trust two years ago, has made its first Indian investment, leading a $20 million investment round in Bengaluru-based agri-tech firm CropIn Technologies.

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Niramai’s solution to screening breast cancer? A low-cost device

December 25, 2020

The company, founded in 2016 by Geetha Manjunath and Nidhi Mathur, claims its method of breast cancer screening can detect tumours that are five times smaller than what could be detected through a clinical examination.

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The 8 F’s of Indian agritech investing

December 10, 2020

Aditya Jahagirdar is a member of the investment team at Ankur Capital, based in Bengaluru, India. A B Chakravarthy was previously principal at Menterra Venture Advisors in Chennai, India, where he led the firm’s agriculture-related investments. This article represents the views of the authors and not necessarily those of AFN.

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