Try GOLD - Free
Unicorn India Ventures aims to close Fund III by Dec end
Business Standard
|October 25, 2025
Early-stage venture capital firm Unicorn India Ventures (UIV) is targeting to close its third fund by the end of this year.
The firm is currently exercising the greenshoe option of %200 crore, as it has already raised the initial target amount of ₹1,000 crore.
“The Fund III is going well, and we are just at the final stages of closing the fund. We have already crossed 1,000 crore, so we will be exercising the greenshoe option, and by the end of December, we will close the fund closer to ₹1,200 crore,” said Bhaskar Majumdar, the managing partner of the firm.
This story is from the October 25, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
CG Power’s revival, Bachchan-style
The Insolvency and Bankruptcy Code (IBC) has been one of the defining legislation for the Indian corporate sector ever since it was enacted in 2016.
3 mins
January 08, 2026
Business Standard
Fall in nominal GVA also pulls down real farm growth
India’s gross value added (GVA) for agriculture and allied activities is expected to grow at a modest rate of 3.1 per cent in real terms in financial year 2025-26 (FY26), down from 4.6 per cent in the last financial year despite a good monsoon and strong crop production, largely due to base effect and indirect impact of sharp dip in the nominal growth rates of GVA.
1 mins
January 08, 2026
Business Standard
India gets its first fully paperless district court in Kerala's Wayanad
The judicial district of Kalpetta in Kerala’s Wayanad has marked a first for India by transitioning entirely to a paperless district court system, with all courts under its jurisdiction now functioning exclusively in digital mode.
1 mins
January 08, 2026
Business Standard
GLP-1 launches inject over 2x rise in India's weight-loss market sales in '25
Mounjaro tops revenue charts, recording ₹601 cr in sales within 9 months of launch
2 mins
January 08, 2026
Business Standard
US-sanctioned general to be Venezuela intel chief
The US has seized two sanctioned oil tankers linked to Venezuela in back-to-back actions in the North Atlantic and the Caribbean, officials said Wednesday.
1 mins
January 08, 2026
Business Standard
PVs led EV retail sales in CY25, e2Ws remained in growth lane
Electric vehicle (EV) retail in India posted a strong performance in calendar year 2025 (CY25), with both passenger vehicles and two-wheelers recording healthy growth, although the underlying trends reveal sharp shifts in market leadership and competitive intensity across segments.
1 mins
January 08, 2026
Business Standard
Gold, silver ETF assets jumped 4x in 2025, touched ₹2 trillion
‘The combined assets under management (AUM) of gold and silver exchange-traded funds (ETFs) crossed ₹2 trillion in December 2025, with assets doubling in just four months, driven by record inflows and a sustained raily in precious metal prices.
2 mins
January 08, 2026
Business Standard
Bangladesh interested in procuring JF-17 fighter jets: Pak
Bangladesh has expressed a “potential interest” in procuring JF-17 Thunder fighter aircraft from Pakistan, the military said on Wednesday.
1 min
January 08, 2026
Business Standard
Rare earth sector may have low-to-medium indigenisation feasibility
CEA also flags low to medium feasibility for indigenising battery cells & cathode materials and solar wafers & cells
3 mins
January 08, 2026
Business Standard
Silver’s breakout drags gold-silver ratio to lowest in over a decade
Electronics and solar demands reshape the precious metals trade
2 mins
January 08, 2026
Listen
Translate
Change font size