Pi Ventures Raises 220 Million Rupees in Financing with Colruyt Group Participating
According to reports, pi Ventures, an early stage venture capital fund in India, announced the completion of a 220 million rupee financing, with Belgium\’s COLRUYT GROUP participati
According to reports, pi Ventures, an early stage venture capital fund in India, announced the completion of a 220 million rupee financing, with Belgium’s COLRUYT GROUP participating. Pi Ventures stated that this financing will make it possible to complete the Fund II fundraising. The fund has received support from institutions such as Accel, Nippon India Digital Innovation AIF (NIDIA), Bertelsmann India Investments, and will invest in fields such as artificial intelligence, blockchain, and deep technology. Currently, it has invested in Web3 network security company Silence Laboratories, B2B money supply chain management platform OweMe, and others. （economictimes）
Pi Ventures completed a financing of 220 million rupees and will invest in blockchain and other fields
India’s early stage venture capital fund, pi Ventures, recently announced the completion of a 220 million rupee financing for its Fund II, with Belgium’s COLRUYT GROUP participating. The new funds will allow pi Ventures to continue investing in emerging technologies, such as artificial intelligence (AI), blockchain, and deep technologies. This article will highlight pi Ventures’ recent funding and its vision for investing in emerging technologies.
Outline
I. Introduction
– Explanation of pi Ventures and its latest funding
– Brief information about COLRUYT GROUP
II. Background on pi Ventures
– Focus on AI, IoT, and blockchain
– Investment in Silence Lab and OweMe
– Explanation of Fund I
III. New Fundraising Details
– Financial information regarding the recent fundraising
– List of contributing institutions
IV. COLRUYT GROUP’s Participating in Fundraising
– Explanation of COLRUYT GROUP’s participation
– How their investment will help pi Ventures
V. Future Investment Plans
– pi Ventures’ plan for investing in artificial intelligence, blockchain, and deep technology
– Why pi Ventures is interested in these areas
– Vision for the future
VI. Conclusion
– Summary of pi Ventures’ latest funding
– The importance of investment in emerging technologies
– Future prospects for pi Ventures
Article
Pi Ventures, an early stage venture capital fund based in India, has announced the completion of a 220 million rupee financing for its Fund II. This financing will allow pi Ventures to continue investing in emerging technologies, including artificial intelligence, blockchain, and deep technology. The Belgium-based COLRUYT GROUP also participated in this fundraising round, providing additional support to pi Ventures.
Pi Ventures has made a name for itself as an investor in emerging technologies such as artificial intelligence, the internet of things, and blockchain. It has invested in various startups in these areas, including Silence Laboratories, a Web3 network security company, and OweMe, a B2B money supply chain management platform. The company has already completed one round of funding with Fund I, which invested in 18 startups across different verticals.
The fund has received financial support from institutions such as Accel, Nippon India Digital Innovation AIF (NIDIA), and Bertelsmann India Investments. Pi Ventures’ latest fundraising shows that there is significant interest in emerging technologies and their potential to shape the future of various industries.
COLRUYT GROUP’s participation in this fundraising round not only provides pi Ventures with additional financial support but also demonstrates its belief in the potential of emerging technologies. This is particularly important as emerging technologies are often risky investments, and participation from a reputable brand such as COLRUYT GROUP brings additional credibility to the fund.
Pi Ventures’ plan for investment in emerging technologies is guided by its belief in the potential for these technologies to shape the world. Its focus on AI, blockchain, and deep technology highlights its interest in investing in areas that could drastically alter our lives in the foreseeable future. This type of investment is important, as new technologies are often lagging in investment activity, and they need financial support for them to reach their full potential.
In conclusion, pi Ventures’ latest fundraising round, which includes COLRUYT GROUP’s participation, demonstrates increased interest in emerging technologies, particularly AI, blockchain, and deep technology. Pi Ventures investment philosophy, guiding its future investment plans, is guided by a vision of how these new technologies will shape various industries. Investing in emerging technologies is crucial for their successful growth and eventual impact on our lives.
FAQ
1. What is pi Ventures?
– Pi Ventures is a venture capital firm focused on investing in emerging technologies such as AI, IoT, and blockchain.
2. Who participated in pi Ventures’ latest fundraising round?
– Belgium’s COLRUYT GROUP participated in pi Venture’s latest fundraising round.
3. What startups has pi Ventures already invested in?
– Pi Ventures has invested in startups such as Silence Laboratories, a Web3 network security company, and OweMe, a B2B money supply chain management platform.
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