WaterBridge Ventures, Omidyar Network and Whiteboard Capital are among a clutch of smaller venture capital (VC) firms that are set to either clock profitable cash exits or have witnessed significant up-rounds, or uptick in valuations, across some of their portfolio companies, multiple people in the know of developments have said.
This comes at a time when the broader venture capital industry has sharply trimmed investments amid the economic crisis induced by the Covid-19 pandemic.
Image: Illustration: Rahul Awasthi