BENGALURU : Startup incubator Venture Catalysts has invested ₹500 crore across 63 deals, including in 54 new startups, in 2019, the Mumbai-based firm said on Monday. He added that Venture Catalysts had achieved 30 successful exits in four years. Companies backed by Venture Catalysts, include digital payments company BharatPe, Nupay, Home Capital, Blowhorn, Coutloot, Jumpstart, LiquiLoans and OTO Capital. In the last three years, more than 14,000 startups across 27 cities have reached out to Venture Catalysts for mentorship and training. Apart from high net-worth individuals (HNIs) from small towns in India, companies such as Google Inc. and Axis Capital have co-invested in its portfolio companies, the statement added.

Source: Mint December 30, 2019 14:15 UTC