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VC firm Antler India eyes record deals next year
Mint Mumbai
|December 18, 2024
The VC firm, alongside Blume Ventures and others, led Namma Yatri's $11 mn pre-series A funding in July
Antler India plans to close about 50 investments in 2025, in a sign that early-stage funding may be recovering after a two-year slump due to heated valuations, a top executive at the venture capital firm told Mint. "We plan to close about 40-50 investments next year and this should take our total India portfolio to 130-140 from just this (its maiden) fund (of $75 million)," Rajiv Srivatsa, a partner at Antler India, said in an interview. "We anticipate the next year to be a great time to invest in the pre-seed categories as we are seeing more traction in the successive stages, which was not the case last year."
This story is from the December 18, 2024 edition of Mint Mumbai.
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