IDG CAPITAL
Manus raises more than $500 million after Meta exit
Manus, the AI startup formerly under the umbrella of Meta, has achieved a remarkable funding milestone, securing over $500 million in its latest financing round. This pivotal moment occurred after the company unhinged from Meta due to a recent reversal of acquisition. The round saw support from Boyu Capital and IDG Capital among other existing investors.
Chinese AI firm Moonshot files confidentially for Hong Kong IPO
Moonshot's latest version, Kimi K3 released in July, has met with positive reviews and robust demand, and sources have said the startup is in talks with Microsoft, Amazon and Google on revenue-sharing agreements that would allow the U.S. cloud companies to host the model.
Xpeng's robotics unit valued at over $6.3 billion after record funding round
The proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build end-to-end mass-production facilities, and support global expansion, the company said. CEO He Xiaopeng announced in June that he would personally lead the robotics business.
IDG in talks to sell stakes in 4 portfolio companies to NewQuest Cap
All the investments are believed to have been made from the Bengaluru-headquartered investment firm’s first $150 million fund that was launched in 2006.
Selfie app loved by millions is a big money loser for investors
The crux of Meitu’s struggle has been its inability to squeeze money from its free apps, which lengthen limbs, brighten skin and zap away blemishes.
IDG Ventures receives investment from Cisco
IDG Ventures India’s third fund was targeting to raise $200 million and completed a final close last year with over $208 million in commitments.
CreditMantri eyes Rs 51 crore in Series B
The resolution for the fundraise was approved at an extraordinary general meeting of the company's members on February 9 to increase the authorised share capital of the company.
IDG Ventures India closes Rs 1,360-cr fund
International Finance Corporation is looking to invest about $20 million in IDG Ventures India III
Active.ai raises $3 Million from Kalaari Capital and IDG Ventures India
This investment will fuel the growth of the startup’s product platform for banking and payments into Asia and North America.
IDG Ventures raises Rs 1,000 crore from investors for its largest India fund
The venture capital firm expects to raise the entire money for its $200-million third fund, called IDG Ventures India Fund III, by the end of this year.
Infosys cofounder Kris Gopalakrishnan joins IDG Ventures as an adviser
Gopalakrishnan said his main role at IDG Ventures will be to advise it on strategy, investments and assist with identifying sectors to focus on.
IDG Ventures to raise new fund of Rs 1,300 crore
The fund raising, expected to begin formally in October, will mark the launch of the third India fund for the technology investor.
Ratan Tata joins IDG Ventures India as a senior advisor
He will lend his expertise to IDG Ventures portfolio companies on business growth, global expansion, team building and leadership.
CA Technologies eyes innovation in enterprise software market by investing in IDG Ventures India Fund
CA Technologies has announced a strategic partnership with IDG Ventures India, a technology venture capital fund investing in India, to help drive innovation in the enterprise software market.
IDG Ventures India targets rupee fund from rich, sets trend
IDG Ventures India, one of the country’s most active technology investors, is raising rupee capital from wealthy Indians for its second fund.
IDG Ventures likely to raise $150-mn second start-up fund
IDG Ventures India, a venture capital fund with focus on early stage technology start-ups, is in the process of raising its second fund.
IDG Ventures India invests USD 3 mn in Mobile avertising company Vserv
The investment represents the first venture capital investment in mobile advertising in India since 2008 and is the first institutional investment into Vserv.
Sourcebits gets $10 mn funding from Sequoia, IDG Ventures
Bangalore-based app development start-up Sourcebits has received $10 million funding from Sequoia Capital and IDG Ventures India.
IDG Ventures India invests $ 3 million in Aujas Networks
IDG Ventures India, a $150 million early-stage technology venture capital fund, on Wednesday announced its investment of $ 3 million in Aujas Networks Private Limited, a pure play digital security service start up.
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