Venture capital firm CRV planning to do something rare: Give money back

Quick Summary:

CRV will continue investing out of its $1 billion main fund and is roughly two-thirds invested.

The firm said it needed more money to accommodate the bigger investment rounds, higher valuations and the frequency of fund-raising.

Venture capital firms raise money — lots of it — and invest it in start-ups in hopes of generating big returns.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Venture capital debt Venture capital firms Venture capital CRV

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-02 @ 23:03:46 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 606 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22852521

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 282 posts per day

Year Established: 1975

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News Last Updated: 6 hours ago

Coverage Areas: India

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Publisher ID: #49

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