Early-stage VC Inflexor Ventures raises Rs 600-crore fund

Early-stage tech-focused venture capital fund Inflexor Ventures has raised Rs 600 crore towards the final close of its new fund, driven by oversubscription from homegrown institutional investors.

The total fundraise has exceeded its initial target of Rs 500 crore and includes a green shoe option of Rs 100 crore, senior fund officials said.

Inflexor joins a bevy of rupee funds that have raised capital from domestic investors in the recent past. SBICAP Ventures, SIDBI (from Fund of Funds for Startups), Suman Kant Munjal’s family office Survam and other family offices and ultra HNIs have also invested in the new fund.

Launched in early 2020, Inflexor Technology Fund takes small bets on startups leveraging deeptech, technology IP, innovation in areas like AI-ML, Industry 4.0, AR, VR, Big Data, Robotics, Cybersecurity, Blockchain and SpaceTech among others, the fund said.

It will look to invest in pre-Series A to Series B rounds with initial cheques ranging from Rs 5 crore to Rs 20 crore. It will also double down investments in winner portfolio companies.

The fund raised Rs 230 crore towards its first close in August last year.

The fund intends to invest in around 25 startups over the next 3-4 year period.

Founded in 2019 by Venkat Vallabhaneni and Jatin Desai, Inflexor Ventures has so far invested in four startups from its fund:

Steradian, which develops AI-based surveillance systems for autonomous vehicles
PlayShifu, which makes augmented reality-based education technology toys
Vitra.ai, an AI-ML-based content translation platform
Kale Logistics, an AI- and blockchain-enabled logistics tech company

The fund is also working on 2-3 other late-stage deals, which are likely to be announced soon. “We look to invest in seven to eight companies each year,” said Vallabhaneni.

“We started the fundraise during the first wave of Covid-19 last year and did the final close during the second wave. Despite the tough conditions, we are happy that we exceeded our domestic fund corpus target,” Vallabhaneni and Desai said in a joint statement.

“While the pandemic posed serious challenges globally, it has also acted as a catalyst for technology-based automation and digitization efforts around the globe, and we hope to invest in startups that will benefit from this trend that was underway even before the onset of the pandemic,” they added.

This is Vallabhaneni and Desai’s second venture together. They launched their first fund, Parampara, in 2015 and invested in 12 startups including PlayShifu, Atomberg, Entropik, Bellatrix and Cloudsek.

Funds backing early-stage startups are finding more takers among domestic institutional investors and family offices. From seed-angel funds to Special Opportunities and Distress funds, domestic investors deploying rupee capital have significantly more exposure to startups today. Not only has the bouquet of investments broadened, but fund sizes have also been inching up.

Funds such as Alteria Capital, Trifecta Capital, IIFL Special Opportunities Fund, Edelweiss Alternative Advisors and Tata Capital are among those that have either closed their capital raising or in the market to raise large rupee funds.

Comments

Kamma Movie Directors

List of Kamma Movie Ditrectors 1) Gudavalli Ramabrahmam 2) Akkineni Lakshmi Vara Prasad (LV Prasad) 3) Kovelamudi Bapayya 4) Veeramachineni Madhusudhana Rao 5) Kovelamudi S.Prakasa Rao 6) Kolli Pratyagatma 7) G.Sambasiva Rao 8) Tammareddy Krishnamurthy 9) Mannava Balayya 10) Tatineni Prakasa Rao 11) Tatineni Rama Rao 12) Tatineni Prasad 13) Kovelamudi Raghavendra Rao 14) Gutta Ramineedu 15) Kolli Hemambaradhara Rao 16) Uppalapati Visveswara Rao 17) Tripuraneni Maharadhi 18) Tripuraneni Gopichand 19) Tottempudi Krishna 20) Madala Ranga Rao 21) Siva Nageswara Rao 22) Uppalapati Narayana Rao 23) P.Sarat 24) A.Mohan Gandhi 25) Bezawada Gopal 26) T.Kranthi Kumar 27) Maganti Vijaya Bapineedu 28) Tammareddy Bharadwaj 29) Akkineni Kutumba Rao 30) K.Vasu 31) Edara VV Satyanarayana 32) Muppalaneni Siva 33) Yalamanchili VS Chowdary 34) Theja Jasti 35) Sreenu Vytla 36) Koduri Srisaila Sri Rajamouli 37) Vemulapalli Srikanth 38) AS Ravikumar Chowdary 39)...

Kamma Cine Heroes

1) N.T.Rama Rao 2) Akkineni Nageswara Rao 3) Gattamaneni Krishna 4) Sobhan Babu (Uppu Sobhana Chalapathi Rao) 5) Gummadi Venkatwsara Rao 6) Maganti Murali Mohan 7) Manchu Mohan Babu 8) Kongara Jaggayya 9) Giri babu (Yerra Seshagiri Rao) 10) Sridhar Surapaneni 11) Madala Ranga rao 12) Nandamuri Bala Krishna 13) SaiChand Tripuraneni 14) Akkineni Nagarjuna 15) Daggubati Venkatesh 16) Gadde Rajendra Prasad 17) Raja Sekhar (Kasukurthi) 18) Daggubati Raja 19) Bhagya Raj 20) Nandamuri Hari Krishna 21) Veeramachineni Jagapathi Babu 22) Meka Srikanth 23) Vadde Naveen 24) Tottempudi Venu 25) Gattamaneni Mahesh Babu 26) Junior. N.T.R 27) Sivaji Sontineni 28) Nandamuri Taraka Ratna 29) Nandamuri Kalyanaram 30) Yarlagadda Sumanth 31) Tottempudi Gopi Chand 32) Manchu Vishnu Vardhan 33) Manchu Manoj 34) Edara Naresh 35) Edara Aryan Rajesh 36) Ram Pothineni 37) Myneni Sarvanand 38) Daggubati Rana 39) Akkineni Naga Chaitanya 40) Nani (Ghanta Naveen Kum...

List of 30 Kamma Billionaires and rankings

The IIFL Wealth Hurun India Rich List 2021 shows that India has more than 1,000 individuals who have a net worth of ₹ 1,000 crore or more across 119 cities. The cumulative wealth in the country has gone up by 51 per cent, while the average wealth has also increased by 25 per cent, the report by Hurun India said. 30 Kamma business and industrialists finds place in the list from AP, Tamilnadu, Karnataka and Maharashtra. 14. Murali Divi Rs76,000 crores Divis Laboratories 179. Venkateswarlu Jasti 9,600 crores Suven Pharma 190. Veeraiah Chowdary Nannapaneni 9,100 crores NATCO Laboratories 209. Chava Satyanarayana 8,400 crores Laurus Labs 264. Satya Nadella 6,200 crores Microsoft 368. Mandava PrabhakaraRao 4,300 crores Nuziveedu seeds 377. Ella KrishnaMurthy 4,100 crores Bharat Biotech 384. Doppalapudi Bhaktavatsala Rao 4000 crores Privi Speciality Chemicals 398. Galla Ramachandra Naidu 3,900 crores Amara Raja Batteries 398. Chinta VisveswaraRao 3,900 crores...

List of Kamma Movie Ditrectors (Updated)

List of Kamma Movie Ditrectors 1) Gudavalli Ramabrahmam 2) Akkineni Lakshmi Vara Prasad (LV Prasad) 3) Kovelamudi Bapayya 4) Veeramachineni Madhusudhana Rao 5) Kovelamudi S.Prakasa Rao 6) Kolli Pratyagatma 7) G.Sambasiva Rao 8) Tammareddy Krishnamurthy 9) Mannava Balayya 10) Tatineni Prakasa Rao 11) Tatineni Rama Rao 12) Tatineni Prasad 13) Kovelamudi Raghavendra Rao 14) Gutta Ramineedu 15) Kolli Hemambaradhara Rao 16) Uppalapati Visveswara Rao 17) Tripuraneni Maharadhi 18) Tripuraneni Gopichand 19) Tottempudi Krishna 20) Madala Ranga Rao 21) Siva Nageswara Rao 22) Uppalapati Narayana Rao 23) P.Sarat 24) A.Mohan Gandhi 25) Bezawada Gopal 26) T.Kranthi Kumar 27) Maganti Vijaya Bapineedu 28) Tammareddy Bharadwaj 29) K.Vasu 30) Edara VV Satyanarayana 31) Muppalaneni Siva 32) Yalamanchili VS Chowdary 33) Theja Jasti 34) Sreenu Vytla 35) Koduri Srisaila Sri Rajamouli 36) Vemulapalli Srikanth 37) AS Ravikumar Chowdary 38) Koduri Vijayendra Pra...

List of Kamma Cine Heroes (Updated)

List of Kamma Movie stars: 1) Nandamuri Taraka Rama Rao 2) Akkineni Nageswara Rao 3) Gattamaneni Krishna 4) Sobhan Babu (Uppu Sobhana Chalapathi Rao) 5) Gummadi Venkatwsara Rao 6) Maganti Murali Mohan 7) Manchu Mohan Babu 8) Kongara Jaggayya 9) Giri babu (Yerra Seshagiri Rao) 10) Sridhar Surapaneni (Mutyalamuggu fame) 11) Madala Ranga rao 12) Nandamuri Bala Krishna 13) SaiChand Tripuraneni 14) Akkineni Nagarjuna 15) Daggubati Venkatesh 16) Gadde Rajendra Prasad 17) Raja Sekhar (Kasukurthi) 18) Daggubati Raja 19) Bhagya Raj 20) Nandamuri Hari Krishna 21) Veeramachineni Jagapathi Babu 22) Meka Srikanth 23) Vadde Naveen 24) Tottempudi Venu 25) Gattamaneni Mahesh Babu 26) Junior. N.T.R 27) Sivaji Sontineni 28) Nandamuri Taraka Ratna 29) Nandamuri Kalyanaram 30) Yarlagadda Sumanth 31) Tottempudi Gopi Chand 32) Manchu Vishnu Vardhan 33) Manchu Manoj 34) Edara Naresh 35) Edara Aryan Rajesh 36) Ram Pothineni 37) Myneni Sarvanand 38) Daggubati Rana...

Kamma IPS officers

Kamma IPS officers (Past and Present) 1. Pendurthi S.Ramamohana Rao 2. Kommareddi Ramamohana Rao 3. K.V.Appa Rao 4. P.D.Koteswara Rao 5. Chirumamilla Venkata Narasaiah 6. Prattipati Gowtham Kumar 7. Mandava Lakshmi Narayana 8. K.Sadasiva Rao 9. Yendluri Anil Kumar 10. P.S.Prasad 11. C.R.Naidu 12. N.V.Surendra Babu 13. Jasti Venkata Ramudu 14. Boyapati Dinakar Prasad 15. Chadalawada Umesh Chandra 16. Maganti Kantha Rao 17. Goduguluri Srinivasa Rao 18. Ammineni. R. Srinivasa Rao 19. Kode Durga Prasad 20. Mannam Malakondaiah 21. Aluri Venkateswara rao 22. P. Appa Rao 23. Mandava VishnuVardhan Rao 24. Alluri Srinivas (DIG-CRPF) 25. Muvva Chandra Sekhar 26. M.Punna Rao 27. Athota Malakondaiah 28. Thummala Vikram 29. E.Damodar 30. Parvathaneni Sai Prasad 31. Chitturi Prasad 32. Kalluri Siva Rama Prasad 33. Dr.K Ramachandra Rao (IGP - Karnataka) 34. M.V.Rao 35. Kondaveeti Rajendra Kumar 36. Pullela Murali Mohana Rao 37. ...

Telugu TV Channels own and run by Kammas

1) ETV - Cherukuri Ramoji Rao 2) Gemini - Akkineni Manohara Prasad (Founder and stake holder) 3) MAA - (MAA - Music, MAA Movies) Nimmagadda Prasad, Akkineni Nagarjuna (Majority stake holders - Then sold to Sony) 4) TV9 - Velicheti Ravi Prakash, minority stake holder holds the grip 5) ETV2 - Cherukuri Ramoji Rao 6) TV 5 - Bollineni Rajagopala Naidu 7) NTV - Tummala Narendranath chowdary 8) Studio N - Narne Srinivasa Rao, sold to SivaramPrasad Vasireddi 9) Mahaa TV - Inaganti Venkatarao now taken over by Sujana Chowdary 10) I News - Tummala Narendra and Sabbineni Surendra (sold to Kiran Kumar Reddy) 11) ABN Andhra Jyothi - Radhakrishna Vemuri 12) Bhakti - Tummala Narendranath Chowdary 13) Vanitha - Tummala Narendranath Chowdary 14) ATV - Anil Sunkara 15) CVR News - Chalasani Venkateswara Rao 16) CVR Health - Chalasani Venkateswara Rao 17) Om TV - Chalasani Venkateswara Rao 18) YTV - Yalamanchili Venkateswara Rao (Aired from Vizag) 19) Express ...

Jr NTR's engagement with 18-year-old Narne Lakshmi

Junior NTR (27) will get engaged with one Narne Lakshmi Pranathi . Narne Lakshmi Pranathi is daughter of TDP chief N. Chandrababu Naidu's niece Narne Mallika and Narne Srinivasa Rao owner of 'Studio N' TV channel. The engagement will be held in last of Feb 2010, sources said. Interestingly, Narne is just 18-year-old and class 12th student of Nazar Junior College of Hyderabad.

Padma Shri Myneni Hari Prasad Rao, Architect of the Kalpakam Atomic Power Station

Myneni Hariprasada Rao , aka MHP Rao, (21 July 1927 - 5 April 2016) was born in Edlalanka village near Avanigadda, Krishna dist – AP is a retired Director of the Nuclear Power Board (now known as NPCL) of DAE, Mumbai, India . He has served for many years as a member of Southern, Western and Northern Indian Regional electricity boards. He was specially appointed by the then Nuclear Power Board to oversee the construction and commissioning of the MAP. He is praised by many as "The Father" or "Architect" of Madras Atomic Power Station. MHP Rao has a master's degree in Power Systems Engineering from Illinois Institute of technology. He has authored many articles and research papers. He was a recipient of Padma Shri Award in 1984 for his outstanding contributions in the field of Science and Technology. He also conferred with Sanjay Gandhi Award for contribution in Science and Technology in 1983.

Richest man in Andhra Pradesh

It is neither Reddy nor Raju. It is only Kamma .. According to the Forbes magazine, Lagadapati Madhusudhan Rao ( 41 ) is the richest person in Andhra Prades h stands at No- 33 among the richest persons in India . Also he is the youngest in the list, there is no Andhrite in the list. Lagadapati Madhusudhan Rao is the Chairman - Lanco Infratech Ltd , the Hyderabad-based diversified group. His net worth is 1.9 billion dollars., ahead of Vijay Mallya, N.R. Narayana Murthy. Divi Murali of Divi's Lab is narrowly missed the berth in the list. Murali, best of luck next year..

Kammas World

Search This Blog