London-based venture capital firm Blossom Capital has recently announced its plan to launch an angel investment program called “Cultivate” to support 20 European startups at seed and pre-seed stage. The Ophelia Brown-led VC firm will bring together Europe’s next-generation of ambitious founders with established unicorn pioneers such as Des Traynor (Intercom), Guillaume Pousaz (Checkout.com), Nilan…
Tag: Venture Capitalist
VC firms extend their support to young business founders
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•The ongoing COVID-19 pandemic has become a major crisis for young business owners. With employees unable to attend offices, operations temporarily suspended and a government-imposed 21-day lockdown, everything for some time has come to a halt. The unprecedented health crisis is going to have a deep impact on every aspect of Indian society and the…
SoftBank-backed startups cutting down on workforce
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•SoftBank, a name we all are familiar with in the startup ecosystem. From setting up the world’s biggest investment fund “The SoftBank Vision Fund” to aggressively investing in tons of startups, SoftBank has established itself as a mark in the startup economy. But all is not going well with the brand. For the past few…
Tribe Theory raises $3.5mn from Tim Draper
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•Hostel chain Tribe Theory recently announced that it has raised $3.5million from venture Capitalist Tim Draper. The international entrepreneur-focused hostel chain, Tribe Theory was founded in Singapore by Vikram Bharati. The company entered the Indian market after the acquisition of Construkt Startup Hostels founded by Shashikiran Rao and Karan Bahadur. With the recent fundraising, the…