LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Small Business News

2017 to be a better year for Indian startups: Qualcomm Ventures

"2016 was the hardest year, and that is behind us. 2017 will be a better year. There was a crunch in investment dollars, especially Series C and Series D investments," Varsha Tagare, senior director, Qualcomm Ventures India told PTI.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
2017 to be a better year for Indian startups: Qualcomm Ventures
Qualcomm has been investing in Indian startups since 2007 and more than 20 Indian companies. Photo: Pixabay
Written By: PTI
Updated: Sun, Feb 26, 2017
03:14 pm
Mumbai, PTI
RELATED NEWS
EU investigates Qualcomm over radio-frequency chips EU investigates Qualcomm over radio-frequency chips
Trouble for Apple as ITC judge says iPhones violate Qualcomm patent Trouble for Apple as ITC judge says iPhones violate Qualcomm patent
Qualcomm expands car computer chip lineup, adds music from Amazon Qualcomm expands car computer chip lineup, adds music from Amazon
Apple makes software changes to avoid iPhone ban in China Apple makes software changes to avoid iPhone ban in China
Qualcomm releases new chip to power 5G smartphones Qualcomm releases new chip to power 5G smartphones

Qualcomm Ventures, the venture investment arm of US-based chip maker Qualcomm Inc which has a $150 million India-focused fund, expects 2017 to be a better year for the startup ecosystem, especially early stage companies.

"2016 was the hardest year, and that is behind us. 2017 will be a better year. There was a crunch in investment dollars, especially Series C and Series D investments," Varsha Tagare, senior director, Qualcomm Ventures India told PTI.

"Funding in early stage is not gone down, but there is more selective funding. What is needed is more well-defined companies after the early stage," she said.

The $150 million fund will be our only funding vehicle for the venture firm, she said.

She pointed out that the ecosystem in India is quite mature, as there are several early stage accelerators and incubators, attached to established educational institutes like IITs and IIMs as well as several corporations, including Microsoft, that have set up venture arms.

Qualcomm has been investing in Indian startups since 2007 and more than 20 Indian companies, including Portea, MapMyIndia, Reverie Language Technologies, and Capillary Technologies, are part of its portfolio.

"We at Qualcomm primarily invest in technology companies, within which verticals like consumer, enterprise and healthcare technology look promising," Tagare said.

Qualcomm also runs a global seed investment competition Qprize as part of engagement with early stage entrepreneurs.

Globally, Qualcomm Ventures has over $500 million in assets under management. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Qualcomm IncStartupsQualcomm VenturesPorteaMapmyIndiaReverie Language TechnologiesCapillary TechnologiesSmall BusinessInvestments
RELATED NEWS
EU investigates Qualcomm over radio-frequency chips EU investigates Qualcomm over radio-frequency chips
Trouble for Apple as ITC judge says iPhones violate Qualcomm patent Trouble for Apple as ITC judge says iPhones violate Qualcomm patent
Qualcomm expands car computer chip lineup, adds music from Amazon Qualcomm expands car computer chip lineup, adds music from Amazon
Apple makes software changes to avoid iPhone ban in China Apple makes software changes to avoid iPhone ban in China
Qualcomm releases new chip to power 5G smartphones Qualcomm releases new chip to power 5G smartphones

LATEST NEWS

​Maharashtra govt comes out with new precautionary measures - check list of restrictions here

JPMorgan on Aurobindo Pharma stock re-rating trigger and target price

THIS foldable smartphone from Xiaomi to arrive in India soon - Check all details here

Garena Free Fire redeem codes update: Check how to grab special redeem codes, free rewards and more

Realme 8 5G smartphone launched in India at THIS price - Check camera, specifications, features and more

Goa Board Exam 2021 Postponed Latest News: Revised GBSHSE class 10 class 12 exams dates to be notified later - check details here

ACC Share price: ICICI Securities pegs target price at Rs 2250

ATMA Admit Card 2021 released on atmaaims.com - check how to download, exam date, exam pattern and all other details here

Rajasthan School News Today: After West Bengal and Haryana, Rajasthan announces advance summer vacations for the schools from TODAY - check all details here

Gold Price today, April 22: Yellow metal opens above 18,200 per 10 gm on MCX; check new target

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved