Swiggy’s IPO Valuation Dips, EIC’s €1.4B Investment in Deeptech, and Janngo Capital’s Fund Success

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