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    IDG VENTURES

    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.

    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.

    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.

    IDG Ventures India & Axilor to invest in virtual and augmented reality-based startups

    Apart from the money, the selected startups can also directly pitch to the IDG Ventures investment committee and get access to startups that are part of the global IDG Ventures portfolio.

    IDG Ventures India closes Rs 1,360-cr fund

    International Finance Corporation is looking to invest about $20 million in IDG Ventures India III

    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.

    The Economic Times
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