In this episode, we explore Swiggy's upcoming IPO and its valuation challenges compared to Zomato. We also discuss the European Innovation Council's ambitious €1.4 billion investment plan for deeptech startups in 2025, and highlight Janngo Capital's successful closure of its second fund at €73 million, focusing on gender equality in venture capital. Plus, insights into SoftBank's new startup campus in Nagoya, Japan, and its potential impact on the local economy.

Sources:

https://techcrunch.com/2024/10/30/once-dominant-swiggy-seeks-11-3b-value-at-ipo-less-than-half-zomatos-worth/

https://siliconcanals.com/eic-to-invest-e1-4b-in-european-startups/

https://techcrunch.com/2024/10/29/african-vc-firm-janngo-capital-closes-second-fund-at-78m/

https://asia.nikkei.com/Business/Startups/SoftBank-to-open-startup-campus-in-Nagoya-Japan-s-industrial-hub

Outline:

(00:00:00) Introduction

(00:00:45) Once-dominant Swiggy seeks $11.3B value at IPO, less than half Zomato's worth

(00:02:57) EIC to invest €1.4B in European deeptech startups in 2025

(00:05:59) African 'gender-equal' VC Janngo Capital closes second fund at $78M

(00:09:29) SoftBank to open startup campus in Nagoya, Japan's industrial hub