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box-sizing: 1px; box-shadow: 2px 3px 0px rgb(0 0 0 / 16%) !important; } </style> <div class="content-defi">Scroll down to catch up on the latest developments in the private markets landscape!</div> <br> <br> <div style="margin-bottom:20px;" class="nav-sections"> <a href="#pm"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e22af0ca29dd3d1b115a78_Asset%2029%406x.png"> </a> <a href="#du"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e22af0e877052135822c85_Asset%2030%406x.png"> </a> <a href="#wn"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e903f8c624b9738ff291f9_Asset%2082%406x.png"> </a> <a href="#id"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e8e5b4ae456041fb362ab1_Asset%2083%406x.png"> </a> </div> <div class="content-defi " style="margin-right:0 !important;padding: 20px 30px;background: #F2EFEA;"> <div id="pm" class="content-defi " style="margin-right:0 !important;padding: 20px 0px 0px;"> <!-- <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62de8be33b2f2c3a5f285aec_Asset%203%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; width: 370px; max-width: 100%;" title="Banner" width="370"> --> <div> <!-- <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;"> <b>Global Quarterly VC Funding Updates - Q2’22</b> </p> <table style="margin-bottom: 20px;"> <tr class="d-flex"> <td style="width:70%;" class="w100-section"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">The global funding to startups reached US$108.5 billion in Q2’22. <br> There was, however, a 23% drop quarter-over-quarter (QoQ). The quarter was still the sixth-largest quarter for funding on record despite the new funding level marking a 6-quarter low. </p> </td> <td style="width:30%;" class="w100-section"> <img class="image-blog mt-30" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e7cd39f3084672cc584fc4_Blog%20Quartely.png" style="display: block;padding: 0 30px;margin-top: -50px; height: auto; border: 0;padding-top: 10px; max-width: 100%;" title="Banner"> </td> </tr> </table> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e23edd1272dc38c012bc00_Asset%206%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;padding: 30px 0;" title="seperator"> --> </div> </div> <table border="0" cellpadding="20" cellspacing="0" class="text_block" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: break-word;border-radius: 15px;" width="100%"> <tr> <td> <div style="font-family: sans-serif"> <div class="txtTinyMce-wrapper" style="font-size: 12px; mso-line-height-alt: 18px; color: #1d1d1b; line-height: 1.5;"> <img src="https://global-uploads.webflow.com/614a9edd8139f5def3897a73/62de8be33b2f2c3a5f285aec_Asset%203%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; width: 370px; max-width: 100%;" title="Banner" width="370"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:20px;color: #002D9C;text-align:left;font-weight:300;text-decoration: underline;"> <b>Monthly Private Equity and Venture Capital Funding Updates - July 2022</b> </p> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;"> <b>GLOBAL</b> </p> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>1. Private Equity (PE) and Venture Capital (VC) Investments</b> </p> <img class="pd-10" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/63107dc0588a9c83aa69834c_Global%20PE%20VC%20Funding.gif" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;padding: 30px 30px; width: 300px;" title="Banner"> <table style="width:100%"> <tr style="vertical-align: middle;" class="d-flex"> <td style="width:100%" class="w100-section"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">In July 2022, the total private equity and venture capital investments dropped significantly by 65% year-over-year (Y-o-Y) to ~US$21 billion compared to the ~US$63 billion raised in July 2021.</p> </td> <!-- <td style="width:30%" class="w100-section"> <img class="pd-10" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/63107dc0588a9c83aa69834c_Global%20PE%20VC%20Funding.gif" style="display: block; height: auto; border: 0;padding-top: 10px; max-width:x 100%;margin: auto;padding: 30px 30px; width: 100%;" title="Banner"> </td> --> </tr> </table> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e23edd1272dc38c012bc00_Asset%206%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;padding: 30px 0;" title="seperator"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #1d1d1b;text-align:left;font-weight:300;"> <b>2. The Number of Deals Recorded </b> </p> <br> <table style="width:100%"> <tr class="d-flex" style="vertical-align: middle;"> <td style="width:30%" class="w100-section"> <img class="image-blog pd-10" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/63109abba54e197cd6214874_Updates-Mailer-%2B-blog_2-(19-08-2022)_blog_09.jpg" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;padding: 0 60px;" title="Banner"> </td> <td style="width:70%" class="w100-section"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <!-- <b>Global </b> --> <br> July 2022 witnessed a 32% drop in the total number of deals as compared to the previous year. </p> </td> </tr> </table> <!-- <table style="width:100%;margin-top: 30px;"> <tr class="d-flex" style=" vertical-align: middle;"> <td style="width:30%" class="w100-section"> <img class="image-blog pd-10" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e7cd39bac2b0202a4d73f3_no%20of%20deals%20India%20blog.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;padding: 0 80px;" title="Banner"> </td> <td style="width:70%" class="w100-section"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>India </b> <br> The month of June 2022 recorded 115 deals, which included about 12 large deals of value ≥ US$100 million, when compared to 109 deals in May 2022, indicating that the total number of deals undertaken in the month of June has witnessed an upward trend. </p> </td> </tr> </table> <img class="w100-section" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e23edd1272dc38c012bc00_Asset%206%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;padding: 60px 0 30px;" title="seperator"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;"> <b>The Month’s Top 5 PE/VC Investments - India (June 2022) </b> </p> <div class="w100-section" style="width: 70%;margin: auto;"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62ea45afba10f52138f5c611_Asset%2088%404x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;width: 100%;margin-top: 10px;border-radius: 14px;" title="Banner"> </div> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e23edd1272dc38c012bc00_Asset%206%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;padding: 55px 0 30px;" title="seperator"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;"> <b>Largest Funding Deal of the Month - India (June 2022)</b> </p> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b> Actis acquired six operating highway toll road projects in India from Welspun Enterprises Limited (WEL), part of the Welspun Group</b> <br> <br> For an aggregate Enterprise Value of US$775 million, Actis, a leading global investor in sustainable infrastructure, has acquired six operating highway toll road projects in India from Welspun Enterprises Limited (WEL), part of the Welspun Group. </p> <table style="width:100%"> <tr class="d-flex"> <td style="width:70%" class="w100-section"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">The deal is subject to certain conditions, such as approval from the lenders of Highway Projects, the National Highways Authority of India, and the Maharashtra Public Works Department.</p> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">Actis Long Life Infrastructure Fund (ALLIF) focuses on investing in stabilised operating assets, in a wide range of infrastructure sectors, that deliver a strong cash yield. This will be Actis's first road investment in India. </b> </p> </td> <td style="width:30%" class="w100-section"> <img class="image-blog mt-30" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e8e644c624b97984f146ab_Asset%2085%404x.png" style="display: block; height: auto; border: 0;padding-top: 10px; margin-top: -10px; max-width: 100%;" title="Banner"> </td> </tr> </table> --> <br> </p> </div> </div> </td> </tr> </table> <!-- <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e23edd1272dc38c012bc00_Asset%206%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;padding: 30px 0;" title="seperator"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;"> <b>Largest Funding Deal of the Week - India (Week of 25th July 2022)</b> </p> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <img style="padding-right: 15px;width: 130px;position: relative;top: -3px;" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e7cd3bbac2b066814d7400_Yes_Bank_logo%20blog.svg.2.png">- Funding deal that took the lion's share. </p> </p> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>Yes Bank to raise Rs 8,898 crore and sell 10% stake each to Carlyle and Advent International</b> </p> <table style="width:100%"> <tr class="d-flex" style="vertical-align: middle;"> <td style="width:80%" class="w100-section"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <ul style="line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <li>Yes Bank's board on Friday approved to raise a capital of Rs 8,898 crore from funds affiliated with private equity investors Carlyle and Advent International, with both the funds potentially acquiring a 10 percent stake each in the bank, as per Yes Bank. </li> </ul> </p> </td> <td style="width:20%" class="w100-section"> <img class="image-blog2 mt-30 w100-section" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e7cd39eff86ab82c52ea4a_yes%20bank1.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%; margin-top: -30px;padding: 0 30px;" title="Banner"> </td> </tr> </table> <table style="width:100%"> <tr class="d-flex" style="vertical-align: middle;"> <td style="width:20%" class="w100-section"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e7cd3adcaac725ac56f807_yes%20bank2%20blog.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;" title="Banner"> </td> <td style="width:80%" class="w100-section"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <ul style="line-height:1.5;padding-top:40px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <li>This will be raised through a combination of Rs 5,100 crore in equity shares and Rs 3,800 crore in equity share warrants, Yes Bank stated.</li> <li>Further, Yes Bank also increased authorized share capital to Rs 8,200 crore from Rs 6,200 crore. </li> </ul> </p> </td> </tr> </table> --> <!-- <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e23edd1272dc38c012bc00_Asset%206%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;padding: 60px 0 30px;" title="seperator"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;"> <b>Weekly PE/VC Funding Updates - India (July 2022) </b> </p> <table style="width:100%"> <tr class="d-flex" style="vertical-align: middle;"> <td style="width:70%" class="w100-section"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">When compared to the total fund in the week of July 18th, which amounted to US$141 million, the week of July 25th witnessed a significant positive upward trend, with total PE and VC investments being recorded at US$1.47 billion in total. </p> </td> <td style="width:30%" class="w100-section"> <img class="image-blog w100-section" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e7cd39953e87e6f8b1e040_weekly%20funding%20blog.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;padding: 10px 60px;" title="Banner"> </td> </tr> </table> --> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e23edd1272dc38c012bc00_Asset%206%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;padding: 40px 0 50px;" title="seperator"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b> 3. Venture Capital Funding Across Various Sectors </b> </p> <div class="w100-section" style="width: 70%;margin: auto;"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/63107dc3f76236368e7bef25_Global%20sector%20wise%20PE%20VC%20funding.gif" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;width: 100%;margin-top: 10px;border-radius: 14px;" title="Banner"> </div> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e23edd1272dc38c012bc00_Asset%206%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;padding: 55px 0 30px;" title="seperator"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>4. Largest Funding Deal of the Month </b> </p> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b> Klarna, a Swedish fintech company, raised US$800 million at a post-money valuation of US$6.7 billion</b> <br> <br> Klarna Bank AB raised US$800 million in their latest funding round. Their valuation dropped significantly from US$46 billion a year ago to US$6.7 billion in this round. </p> <table style="width:100%"> <tr class="d-flex"> <td style="width:70%" class="w100-section"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">In total, US$800 million was invested in common equity. The fund will be used by Klarna to expand in the US, where it already has around 30 million customers.<br><br>New investors like Mubadala Investment Company and Canada Pension Plan Investment Board joined existing investors like Sequoia, Bestseller, Silver Lake, and Commonwealth Bank of Australia in the financing round. </p> </td> <td style="width:30%" class="w100-section"> <img class="image-blog pd-10" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/63107dc105bc51884e6cb636_Global%20Largest%20funding%20deals.gif" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;padding: 0 60px;" title="Banner"> </td> </tr> </table> <table style="width:100%"> <!-- <tr > <td style="width:70%" class="w100-section"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">New investors like Mubadala Investment Company and Canada Pension Plan Investment Board joined existing investors like Sequoia, Bestseller, Silver Lake, and Commonwealth Bank of Australia in the financing round. </p> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">In total, US$800 million was invested in common equity. The fund will be used by Klarna to expand in the US, where it already has around 30 million customers. </td> <td style="width:30%" class="w100-section"> <img class="image-blog mt-30" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/63107dc105bc51884e6cb636_Global%20Largest%20funding%20deals.gif" style="display: block; height: auto; border: 0;padding-top: 10px; margin-top: -10px; max-width: 100%;" title="Banner"> </td> </tr> <tr> --> <td style="width: 100%;"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e23edd1272dc38c012bc00_Asset%206%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;padding: 30px 0;" title="seperator"> </div> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b> 5. The Month’s Top 5 Private Equity/Venture Capital Investments </b> </p> <div class="w100-section" style="width: 70%;margin: auto;"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/63107dc077ee227e584f8c7a_Global%20Top%205%20VC%20deakls.gif" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;width: 100%;margin-top: 10px;border-radius: 14px;" title="Banner"> </div> <br> </p> </td> </tr> <tr> <td style="width: 100%;"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;"> <b>INDIA</b> </p> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>1. Private Equity (PE) and Venture Capital (VC) Investments</b> </p> <table style="width:100%"> <tr style="vertical-align: middle;" class="d-flex"> <td style="width:70%" class="w100-section"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">The total private equity and venture capital investments for July 2022 dropped significantly by 69% year-over-year (Y-o-Y) to ~US$3 billion compared to ~US$10 billion raised in July 2021.</p> </td> <td style="width:30%" class="w100-section"> <img class="pd-10" src="https://cdn.prod.website-files.com/62ea4975eadd68fb4d6a65db/6311bece8ebd857fd98f620d_India%20PE%20VC%20monthly%20funding.gif" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;padding: 10px 30px;" title="Banner"> </td> </tr> </table> <br> </p> </td> </tr> <tr> <td style="width:100%;"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e23edd1272dc38c012bc00_Asset%206%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;padding: 30px 0;" title="seperator"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>2. The Number of Deals Recorded</b> </p> <br> <table style="width:100%"> <tr class="d-flex" style="vertical-align: middle;"> <td style="width:30%" class="w100-section"> <img class="image-blog pd-10" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/63107dc3c5a0012cd370f000_Monthly%20no%20of%20deals%20India.gif" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;padding: 0 60px;" title="Banner"> </td> <td style="width:70%" class="w100-section"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <!-- <b>Global </b> --> <br> Similarly, the month of July 2022 recorded 74 deals, which included about 6 large deals of value ≥ US$100 million, when compared to 134 deals in July 2022, indicating a 45% drop in the number of deals undertaken on a year-over-year basis. </p> </td> </tr> </table> </td> </tr> <tr> <td style="width:100%;"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e23edd1272dc38c012bc00_Asset%206%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;padding: 30px 0;" title="seperator"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>3. Largest Funding Deal of the Month </b> </p> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b> British International Investment to invest $250 million in Mahindra’s EV Venture </b> <br> <br> A U.K. government-owned development finance institution, British International Investment (formerly CDC Group), has announced to invest US$250 million in the electric venture by Mahindra & Mahindra, a leading Indian automotive group. </p> <table style="width:100%"> <tr class="d-flex"> <td style="width:70%" class="w100-section"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">The deal is all set to encourage and accelerate the development of the EV sector in India. The first round is scheduled to be completed by June 2023 on fulfillment of conditions precedent and the rest shall be the post-completion of specific milestones in the Financial year 2024. </p> </td> <td style="width:30%" class="w100-section"> <img class="image-blog mt-30" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/63107dbfbe3f6807ef4f2f83_India%20Largest%20Funding%20Deal.gif" style="display: block; height: auto; border: 0;padding-top: 10px; margin-top: -10px; max-width: 100%;" title="Banner"> </td> </tr> </table> </td> </tr> <tr> <td style="width:100%;"> <div> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e23edd1272dc38c012bc00_Asset%206%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;padding: 30px 0;" title="seperator"> </div> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b> 4. The Month’s Top 5 Private Equity/Venture Capital Investments </b> </p> <div class="w100-section" style="width: 70%;margin: auto;"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/63107dc3e197258b42c1f8ec_India%20Top%205%20VC%20deals.gif" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;width: 100%;margin-top: 10px;border-radius: 14px;" title="Banner"> </div> <br> </p> </div> </td> </tr> <tr> <td style="width:100%;"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e23edd1272dc38c012bc00_Asset%206%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;padding: 30px 0;" title="seperator"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:20px;color: #002D9C;text-align:left;font-weight:300; text-decoration: underline;"> <b>Weekly Private Equity and Venture Capital Funding Updates - August 2022 </b> </p> <table style="margin-bottom: 20px;"> <tr class="d-flex"> <td style="width:70%;" class="w100-section"> <br><p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;"> <b>INDIA</b> </p> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b> 1. Private Equity (PE) and Venture Capital (VC) Investments </b> </p> <table style="width:100%"> <tr class="d-flex" style="vertical-align: middle;"> <td style="width:70%" class="w100-section"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">As compared to the total funding in the second week of August, the third week witnessed a steep decline of 59% with the total PE and VC investments closing at US$201 million. </p> </td> <td style="width:30%" class="w100-section"> <img class="image-blog w100-section" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/63107dc32b8d72c6f4309de4_Weekly%20PE%20Vc%20funding%20India.gif" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;padding: 10px 10px;" title="Banner"> </td> </tr> </table> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e23edd1272dc38c012bc00_Asset%206%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin: auto;padding: 30px 0;" title="seperator"> </div> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b> 2. The Number of Deals Recorded </b> </p> <br> <table style="width:100%"> <tr class="d-flex" style="vertical-align: middle;"> <td style="width:30%" class="w100-section"> <img class="image-blog pd-10" src="https://cdn.prod.website-files.com/62ea4975eadd68fb4d6a65db/6311beb181de08f9b7943f8f_Weekly%20no%20of%20deals%20India.gif" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;padding: 0 60px;" title="Banner"> </td> <td style="width:70%" class="w100-section"> <p style="margin-top:6px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <br>However, the total number of deals increased by 23% in the same period with a total of 27 deals. </p> </td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="20" cellspacing="0" class="text_block" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: break-word;background: #fff;" width="100%"> <tr> <td style="padding:20px 0 !important;"> <div style="font-family: sans-serif"> <div class="txtTinyMce-wrapper" style="font-size: 12px; font-family: Poppins, Arial, Helvetica, sans-serif; mso-line-height-alt: 18px; color: #1d1d1b; line-height: 1.5;"> <img id="du" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e0f4e04e7cbb21833229d6_Asset%2056%404x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;" title="Banner"> <p style="margin-top:6px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">Here's a quick glance at the latest deal-related news in the market.</p> <img class="mx-200" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e0f4e10d200a7da1e14f9b_Asset%2057%404x.png" style="display: block; height: auto; border: 0;padding-top: 40px; max-width: 100%;margin-left:30px;width: 290px;" title="heading"> <p style="margin-top:36px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;"> <a style="color: #002D9C;" href="https://techcrunch.com/2022/08/16/eat-just-china-funding-25-million/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAH_-_d_-Tyz_NSIKoSRpVcSXugbm-raOqP89EubwDCa1NuxCBYi3_WDsUYphy06zv77gBkBQ3EabK6Q1KlS797a-Vmj_HOM946DX7KMxTFxFuHo58mVCRF-31X6v_qGQgP0mZl7ettxWLA81TG2g4Ij3rsZey_ztg8-RSra4zdCz#:~:text=Link%20Copied-,Eat%20Just%20bags%20%2425M%2C%20gets%20Alibaba's%20help,sell%20alternative%20protein%20in%20China&text=China%20is%20a%20notoriously%20difficult,wooing%20the%20country's%20picky%20consumers." target="_blank"> <b>Eat Just bags US$25 million, gets Alibaba’s help to sell alternative protein in China</b> </a> <br> <i style="color:#171723;font-size: 14px;">August 17th, 2022</i> </p> <p style="margin-top:0px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">Three years after its launch in China, Eat Just has secured a funding of US$25 million and a strategic partnership from C2 Capital Partners, a private equity firm with Alibaba as its anchor investor.</p> <a href="https://techcrunch.com/2022/08/16/eat-just-china-funding-25-million/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAH_-_d_-Tyz_NSIKoSRpVcSXugbm-raOqP89EubwDCa1NuxCBYi3_WDsUYphy06zv77gBkBQ3EabK6Q1KlS797a-Vmj_HOM946DX7KMxTFxFuHo58mVCRF-31X6v_qGQgP0mZl7ettxWLA81TG2g4Ij3rsZey_ztg8-RSra4zdCz#:~:text=Link%20Copied-,Eat%20Just%20bags%20%2425M%2C%20gets%20Alibaba's%20help,sell%20alternative%20protein%20in%20China&text=China%20is%20a%20notoriously%20difficult,wooing%20the%20country's%20picky%20consumers." target="_blank"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e0f4e09a22710bd10dbda7_Asset%2058%404x.png" style="display: block; width: 115px;height: auto; border: 0;padding-top: 10px; max-width: 100%;margin-left:30px;" title="CTA"> </a> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>Our Experts Opinion</b> <br> Our advisors believe that this will help the firm in light of various aspects like go-to-market strategies, sales, branding, consumer insights, hiring, and regulatory approach in China.</p> <img class="mx-200" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e0f7c98c1c3a422612895f_Asset%2059%404x.png" style="width: 280px;display: block; height: auto; border: 0;padding-top: 40px; max-width: 100%;margin-left:30px;" title="heading"> <p style="margin-top:36px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;"> <a style="color: #002D9C;" href="https://inc42.com/buzz/amid-funding-winter-dunzo-to-shift-focus-from-q-commerce-to-cost-effective-group-deliveries/" target="_blank"> <b>Dunzo is pivoting from quick commerce to batched deliveries with longer ETAs </b> </a> <br> <i style="color:#171723;font-size: 14px;">August 18th, 2022</i> </p> <p style="margin-top:0px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">Amid funding winter, Dunzo plans to shift focus from quick commerce to cost-effective group deliveries.</p> <a href="https://inc42.com/buzz/amid-funding-winter-dunzo-to-shift-focus-from-q-commerce-to-cost-effective-group-deliveries/" target="_blank"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e0f4e09a22710bd10dbda7_Asset%2058%404x.png" style="display: block; width: 115px; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin-left:30px;" title="CTA"> </a> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>Our Experts Opinion</b> <br> As per our advisors, this will help Dunzo increase their 'Average Order Value' and utilise operating leverage to lower costs, eventually leading to reduced cash burn from the current figure of US$15 million per month. <br> Moreover, with its latest fundraising efforts to raise ~US$200 million, this decision creates a better position for Dunzo in the market. </p> <p style="margin-top:36px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;"> <a style="color: #002D9C;" href="https://www.einnews.com/pr_news/583411884/synoption-and-orbit-markets-partner-to-enhance-liquidity-in-the-crypto-options-market" target="_blank"> <b>SynOption and OrBit Markets partner to enhance liquidity in the Crypto Options market</b> </a> <br> <i style="color:#171723;font-size: 14px;">July 28th, 2022</i> </p> <p style="margin-top:0px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">SynOption and OrBit Markets entered into a strategic partnership, with an aim to enhance liquidity, trading and structuring capabilities for participants in the digital assets option market. SynOption is launching Synchro, a crypto options analytics and trading platform, and OrBit will provide pricing to institutional clients on the platform.</p> <a href="https://www.einnews.com/pr_news/583411884/synoption-and-orbit-markets-partner-to-enhance-liquidity-in-the-crypto-options-market target="_blank"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e0f4e09a22710bd10dbda7_Asset%2058%404x.png" style="display: block;width: 115px; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin-left:30px;" title="CTA"> </a> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>Our Experts Opinion</b> <br> Our experts believe that this strategic partnership will allow institutional counterparties an access to a comprehensive suite of option products, consistent liquidity, transparent pricing, and seamless electronic execution. </p> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e0f7cab4bd5e4cc19b0624_Asset%2060%404x.png" style="display: block; height: auto; border: 0;padding-top: 40px; max-width: 100%;margin-left:30px;" title="heading"> <p style="margin-top:36px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;"> <a style="color: #002D9C;" href="https://cointelegraph.com/news/blockfi-had-1-8b-in-outstanding-loans-in-q2-report"> <b>In BlockFi’s Q2 2022 Transparency report, the company reported to have US$1.8 billion in outstanding loans</b> </a> <br> <i style="color:#171723;font-size: 14px;">July 22, 2022</i> </p> <p style="margin-top:0px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">In the report, out of the outstanding loans to borrowers — valued at US$1.8 billion — the firm reported that US$600 million are uncollateralized loans. Moreover, the Institutional loans accounted for US$1.5 billion of the total outstanding loans, while retail loans made up the remaining US$300 million.</p> <a href="https://cointelegraph.com/news/blockfi-had-1-8b-in-outstanding-loans-in-q2-report" target="_blank"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e0f4e09a22710bd10dbda7_Asset%2058%404x.png" style="display: block; height: auto;width: 115px; border: 0;padding-top: 10px; max-width: 100%;margin-left:30px;" title="CTA"> </a> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>Our Experts Opinion</b> <br> Undercollaterlization of crypto loans is a major prevailing credit risk for the company. Our experts believe that this is especially true, given that the collateralization had assumed a Bitcoin level of ~US$ 20,000 and the prices since then have moved significantly in the adverse direction. </p> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/63107494ccfe74494f9cb278_Heading%20deal%20updates.gif" style="display: block;width: 200px; height: auto; border: 0;padding-top: 40px; max-width: 100%;margin-left:30px;" title="heading"> <p style="margin-top:36px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;"> <a style="color: #002D9C;" href="https://appleinsider.com/articles/22/08/11/epic-games-versus-apple-appeals-to-be-heard-on-october-21" target="_blank"> <b>Apple v Epic Games - US Court of Appeals will hear arguments on October 21, 2022 from Apple and Epic Games respectively</b> </a> <br> <i style="color:#171723;font-size: 14px;">August 11th, 2022</i> </p> <p style="margin-top:0px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">The US Court of Appeals will hear from Apple and Epic Games, both of which are appealing against aspects of the anti-trust rulings from their previous App Store lawsuit. Apple claims that Epic didn't produce enough evidence to prove the ruling, and as such, that aspect should be tossed. For its part, Epic maintains that the overall ruling was flawed. <a href="https://appleinsider.com/articles/22/08/11/epic-games-versus-apple-appeals-to-be-heard-on-october-21" target="_blank"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e0f4e09a22710bd10dbda7_Asset%2058%404x.png" style="display: block; height: auto;width: 115px; border: 0;padding-top: 10px; max-width: 100%;margin-left:0px;" title="CTA"> </a> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>Our Experts Opinion</b> <br>If the ruling turns in Epic Games' favor, the company is likely to generate higher revenue, as per our advisors.</p> <p style="margin-top:36px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;"> <a style="color: #002D9C;" href="https://www.nytimes.com/2022/07/26/technology/kraken-crypto-iran.html" target="_blank"> <b>Kraken, a U.S. Crypto Exchange, Is Suspected of Violating Sanctions</b> </a> <br> <i style="color:#171723;font-size: 14px;">July 26th, 2022</i> </p> <p style="margin-top:0px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">Cryptocurrency exchange Kraken is under federal investigation for potential violation of U.S. sanctions by allowing users in Iran and elsewhere to buy and sell digital tokens </p> <a href="https://www.nytimes.com/2022/07/26/technology/kraken-crypto-iran.html" target="_blank"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e0f4e09a22710bd10dbda7_Asset%2058%404x.png" style="display: block; height: auto;width: 115px; border: 0;padding-top: 10px; max-width: 100%;margin-left:30px;" title="CTA"> </a> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>Our Experts Opinion</b> <br> US sanctions certain jurisdictions in order to prevent its legal tender and financial systems from being misused by entities resident in such jurisdictions for purposes that are against American interests. Crypto based exchanges make it extremely difficult to establish the identity and ultimate ownership of executed transactions, especially for a party outside of such a transaction, like the government. Such a design feature makes it very attractive for terrorist organizations to launder money and make payments. Recent developments suggest that Kraken was used to facilitate transactions for some entities based in Iran, with employees and senior management in the firm being aware of it. Since Iran is a sanctioned entity, if these allegations are proven, Kraken could potentially face severe penalties and long-lasting restrictions to its operations. </div> </div> </td> </tr> </table> <table id="wn" border="0" cellpadding="20" cellspacing="0" class="text_block" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: break-word;background: #012d98;" width="100%"> <tr> <td style="padding:20px 0 !important;"> <div style="font-family: sans-serif"> <div class="txtTinyMce-wrapper" style="font-size: 12px; font-family: Poppins, Arial, Helvetica, sans-serif; mso-line-height-alt: 18px; color: #1d1d1b; line-height: 1.5;"> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e247cd5b3d5b844d7c2386_Screenshot%202022-07-28%20at%201.52.32%20PM.png" style="display: block; height: auto; border: 0;padding-top: 20px; max-width: 300px;margin-left:0px;" title="heading" class="mw-100"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;font-family: aktiv-grotesk, sans-serif;font-size:24px;color: #fff;text-align:left;font-weight:300;"> <b>Our Offerings </b> </p> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #fff;text-align:left;font-weight:300;"> <b>Kristal’s early stage fund</b><br>Kristal’s early stage fund is a fund focused on investing in high conviction ideas from Seed to Pre-Series A companies. </p> <a style="color:white;text-decoration: none;" href="https://help.kristal.ai/hc/en-us/articles/7021948650257" target="_blank"> <div style="text-align:center;"> <p style="margin-top:5px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #fff;text-align:center;font-weight:300;margin-top: 30px;margin-bottom: 20px;padding: 6px 30px;background: #049ACB;display: inline-block;border-radius: 3px;"> <b>Sectors</b> </p> </div> </a> <!-- <table style="width:100%"> <tr class="d-flex"> <td style="width:50%" class="w100-section"> <p style="margin-top:6px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:40px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#fff;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">Kristal’s early stage fund is a fund focused on investing in high conviction ideas from Seed to Pre-Series A companies. </p> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#fff;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">The fund will have a maximum fund size of US$20 million and is expected to have a lifespan of 7 years (with 2 one-year extensions). </b> </p> </td> <td style="width:50%;" class="w100-section"> <a href="https://help.kristal.ai/hc/en-us/articles/7021948650257" target="_blank"> <img class="image-blog mt-30" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e244143ba69f07913c890c_Asset%2022%406x.png" style=" margin-top: -90px;padding-bottom: 40px;display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;" title="Banner"> </a> </td> </tr> </table> --> <div class="col-3-st"> <div> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/6310759ffd88e6ae64067117_What%3Bs%20new%20.gif" alt="icon"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #fff;text-align:center;font-weight:300;"> <b>Consumer Tech</b><br>Driven by shift in demographics </p> </div> <div> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/6310759f137192362cba68e7_What%3Bs%20new%20%20copy.gif" alt="icon"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #fff;text-align:center;font-weight:300;"> <b>FinTech</b><br>Driven by infrastructural tailwinds </p> </div> <div> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/6310759fd186e721a02a8445_What%3Bs%20new%20%20copy%202.gif" alt="icon"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #fff;text-align:center;font-weight:300;"> <b>Health Tech</b><br>Reactive to proactive healthcare </p> </div> </div> <div style="text-align:center;margin-top:50px;"> <p style="margin-top:5px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #fff;text-align:center;font-weight:300;margin-top: 30px;margin-bottom: 20px;padding: 6px 30px;background: #049ACB;display: inline-block;border-radius: 3px;"> <b>Focus Geographies</b> </p> </div> <div style="margin-bottom:80px;" class="col-3-st-2"> <div> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/6310759fc9c1ec65129762d4_What%3Bs%20new%20%20copy%203.gif" alt="icon"> </div> <div> <img src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/6310759f80174fa7fc2b61b0_What%3Bs%20new%20%20copy%204.gif" alt="icon"> </div> </div> <div style="text-align:center;padding-bottom: 30px;"> <a href="https://help.kristal.ai/hc/en-us/articles/7021948650257" target="_blank"> <img style="width: 150px;" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e7dbe65eeff2d7b8a8f418_Asset%2037%406x.png"> </a> </div> </div> </div> </td> </tr> </table> <table border="0" cellpadding="20" cellspacing="0" class="text_block" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: break-word;background: #fff;" width="100%"> <tr> <td style="padding:20px 0 !important;background: #F2EFEA;"> <div style="font-family: sans-serif"> <div class="txtTinyMce-wrapper" style="font-size: 12px; font-family: Poppins, Arial, Helvetica, sans-serif; mso-line-height-alt: 18px; color: #1d1d1b; line-height: 1.5;"> <img id="id" class="mw-100" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e8e5b48acaee0a3d505cca_Asset%2084%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 350px;" title="Banner"> <p style="margin-top:6px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">Discover interesting private markets facts and information right here!</p> <table style="width:100%"> <tr style="vertical-align:middle;"> <td style="width:100%" class="w100-section"> <img class="mw-200" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e22af175f2c7de8d2d24da_Asset%2035%406x.png" style="display: block; height: auto; border: 0;padding-top: 40px; max-width: 250px;margin-left:30px;" title="heading"> <a href="https://www.linkedin.com/feed/update/urn:li:activity:6966383417261260800" target="_blank"> <img class="image-blog w100-section" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/63107dc0be3f68494d4f2f8d_Concept%20of%20the%20week%20.gif" style="display: block; height: auto; border: 0;padding-top: 30px;padding-bottom: 30px; max-width: 100%;margin: auto;width: 40%;" title="Banner"> </a> <p class="ca-0" style="margin-top:36px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;text-align: center;"> In India, we might all have faced issues with regard to data quality, speed, and poor network coverage. But Why? </p> <div style="text-align:center;"> <a class="rm ml-0" href="https://www.linkedin.com/feed/update/urn:li:activity:6966383417261260800" target="_blank"> Read more </a> </div> </td> <!-- <td style="width:50%" class="w100-section"> </td> --> </tr> </table> <img class="mw-200" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e22af1ca29ddc35f115a7a_Asset%2038%406x.png" style="display: block; height: auto; border: 0;padding-top: 40px; max-width: 200px;margin-left:30px;" title="heading"> <p style="margin-top:36px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;"> <b>Celebrating Indian Start-ups: Reflections and Way Forward</b> </p> <table style="width:100%"> <tr class="d-flex"> <td style="width:30%" class="w100-section"> <a target="_blank" href="https://www.youtube.com/watch?v=-uODIPz9BIE&ab_channel=KristalAI"> <img class="image-blog" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/63107dc3df75a6298f0ec026_Webinar.jpg" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;" title="Banner"> </a> </td> <td style="width:70%" class="w100-section"> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:40px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>About</b> </p> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">Watch this high-powered thought leadership session, unpacking India’s ever-expanding start-up space and its stakeholder ecosystem.</p> <p style="margin-top:10px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">Here’s a glimpse of the key topics discussed:</p> <ul style="margin-top:10px;margin-bottom:30px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:50px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <li>Key megatrends in Indian Start-up space</li> <li>Regulations governing the startup sector in India</li> <li>Contribution of the emerging entities in the space</li> </ul> </td> </tr> </table> <div style="text-align:center;"> <a href="https://www.youtube.com/watch?v=-uODIPz9BIE&ab_channel=KristalAI" target="_blank"> <img style="width:170px;" src="https://cdn.prod.website-files.com/614a9edd8139f5def3897a73/62e22af3bc1fc69ee73505b0_Asset%2040%406x.png"> </a> <br> <br> </div> </div> </div> </td> </tr> </table> <table border="0" cellpadding="20" cellspacing="0" class="text_block" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: break-word;background: #fff;" width="100%"> <tr> <td style="padding:20px 0 !important;"> <div style="font-family: sans-serif"> <div class="txtTinyMce-wrapper" style="font-size: 12px; font-family: Poppins, Arial, Helvetica, sans-serif; mso-line-height-alt: 18px; color: #1d1d1b; line-height: 1.5;"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;font-family: aktiv-grotesk, sans-serif;font-size:22px;color: #002D9C;text-align:center;font-weight:300;"> <b>Intrigued to know more?</b> </p> <p class="w100-section" style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:center;width: 70%;margin: auto;font-weight:300;margin-top: 10px;margin-bottom: 20px;">Discover exclusive private market opportunities today with Kristal Private Markets. </p> <div style="text-align:center;"> <a class="gt-cta-2 onelink-signup" href="https://kristal.ai/kristal-private-markets?Medium=Blog&shortlink=30zv9owy&LinkType=Redirection&c=PMUpdatesBlog&pid=Organic&af_click_lookback=30d&af_xp=custom&refCode=PMUPDATESAUGUST"> Get Started ➔ </a> <br> <br> </div> </div> </div> </td> </tr> </table> </div>
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