Amid the funding winter, 128 Indian startups have raised over $995 million (around Rs 8,000 crore) venture capital funding in August, GlobalData said on Thursday. The funds raised in August are 9.7 per cent more than that in the previous month, the data and analytics company said in a statement. Aurojyoti Bose, Lead Analyst at GlobalData, said: "Although the total VC funding amount still remains below $1 billion akin to July, August managed to reverse the decline in fundraising, despite a 2.3 per cent fall in deal volume."
'I would give the captaincy to Virat for the Test series in England... Shubman Gill can be his VC for the tour.'
According to the police, Biswas is a jeweller who allegedly bought the medal.
With the series nicely poised at 1-1 going into the third Test, the narrative built around both the teams has changed significantly following India's 336-run routing of England at Edgbaston.
Speaking ahead of the first Test from June 25 onwards at Barbados, Joseph said as quoted by Sydney Morning Herald, "To take 13 wickets across the series was a good feeling. A lot has changed. There were a lot of opportunities that came my way."
IT and ITeS companies accounted for $28.1 billion of the total investment pie during the first nine months of 2021.
Kannur University Vice-Chancellor Gopinath Ravindran on Monday said that he will not tender his resignation as sought by Kerala Governor Arif Mohammad Khan, who had a day earlier sought the resignation of vice chancellors of nine universities in the state.
West Bengal Governor CV Ananda Bose skipped the convocation ceremony of Jadavpur University, alleging that the event was organized in violation of several rules and laws. The governor, who is the chancellor of the university, claimed the convocation was "illegal" and "fraught with malpractices." The university administration refuted the allegations, stating that all procedures were followed and the governor's approval was sought. The incident has sparked controversy, with some accusing the governor of acting at the behest of the BJP government and undermining the autonomy of the university.
President Droupadi Murmu conferred the coveted Padma awards on 68 eminent personalities, including former Chief Justice of India Jagdish Singh Khehar, dancer Shobana Chandrakumar, actor Anant Nag, and Vice Chancellor of King George's Medical University Soniya Nityanand. The awards were given in various disciplines and fields, including art, social work, public affairs, science and engineering, trade and industry, medicine, literature and education, sports, and civil service. The Padma Vibhushan was awarded to Justice (retd) Khehar for public affairs, while nine individuals received the Padma Bhushan. The Padma Shri was awarded to leading immunologist and KGMU VC Nityanand, footballer Inivalappil Mani Vijayan, singer Ashwini Bhide Deshpande, actor Ashok Laxman Saraf, mask maker Reba Kanta Mahanta, and musician Ricky Gyan Kej, among others.
With $18.6 billion in investments, Bengaluru made it to the top-five leading VC funding hubs across the world in 2021 - following San Francisco Bay Area, New York, Greater Boston Region and London. However, it outstripped Beijing ($13.6 billion) and Shanghai ($13.4 billion). Global tech VC investment into start-ups hit a record level of $675 billion in 2021, doubling the previous all-time high of $340.6 billion in 2020, a report by London & Partners and dealroom.co.
Pandit, who was appointed as the JNU VC in February last year, said some people opposed her decision to put the national flag and Prime Minister Narendra Modi's photo on the varsity premises.
India's venture capital (VC) landscape saw a strategic shift during the first half (H1) of the calendar year (CY) 2024, with a notable increase in larger-sized investments. This was evident from a 45.3 per cent rise in disclosed funding value year-on-year, despite a 2.1 per cent drop in deal volume, according to GlobalData, a data analytics and consulting company.
Investors attribute the revival to the country's strong public markets, which are boosting confidence in initial public offering (IPO)-bound startups offering viable exit opportunities.
Former Australia captain Michael Clarke believes India is in "safe hands" and has "enough talent" to trounce England, but it will all come down to how the young-looking squad will leave a mark in the series on a territory known for being "tough".
With regulatory uncertainties clouding the future of online pharmacies, deals in the space are showing signs of slowdown, as also fresh investment from private-equity (PE) firms and venture capitalists (VCs). The data from Venture Intelligence shows so far in 2023 (as of June 13) there has been one deal with PE-VC funding. In 2022 there were four, a sharp fall from the 12, totalling $1,520 million, the sector had attracted in 2021.
Investments by private equity and venture capital funds into Indian entities fell by 69 per cent to $3 billion during July, a report said on Wednesday. The investments in July are the lowest for any month in a year, and lower than the $4.9 billion recorded across 118 deals in the preceding month of June, the report by industry lobby IVCA and consultancy firm EY said. Going by the number of deals, July 2022 recorded 74 deals, as against 134 deals in the year-ago period, the report said.
Professor Mustafa should take some inspiration from the prime minister and start advocating for a Pasmanda or a woman, preferably from outside UP/Hyderabad, to be appointed vice chancellor of Aligarh Muslim University this time. That should be a fitting tribute to the vision of the prime minister.
Rizvi will be representing Delhi Capitals this season.
Asserting that she is not against any religion, the VC suggested that azaan can be recited even without a loudspeaker so that it does not cause discomfort to others.
N R Narayana Murthy, co-founder of Infosys, blamed the venture capitalist community for inculcating a culture among entrepreneurs to chase growth at all costs. He said the VC model of investment looked like a ponzi scheme. "I would hold venture capitalists responsible who propounded the theory that only the top-line is important and not the bottom-line. "I think that is completely wrong. In many ways it looks like a ponzi scheme.
At least 14 of the top 20 venture capital (VC) and private equity (PE) funds in India reduced new deals with start-ups by a fifth in 2022. The number fell from 572 in 2021 to 456 this year, according to data from Venture Intelligence. Sequoia Capital, a leader in investments, retained its top slot but its number of deals fell from 110 in 2021 to 70 this year.
Will the Draft UGC Regulations 2025 undermine our universities? Unlikely, notes Professor Mohammad Sajjad, citing how AMU has utilised its exceptional autonomy.
A court in Sonipat on Tuesday remanded in judicial custody till May 27 Ali Khan Mahmudabad, the head of Ashoka University's political science department who was arrested for his social media posts related to Operation Sindoor, his lawyer said.
Indian startups raised a total of $1.65 billion (about Rs 14,418 crore) in funding at a median valuation of $83.2 million in February 2025, according to data from Traxcn. This brings the total funding in FY25 (April-February) to $25.4 billion, spread across 2,200 rounds, the data showed.
Nathan McSweeney, who opened in the first three Tests with little success, has been dropped.
'You can imagine for India what Shuks means not just to the billions of people in India but the entire Indian diaspora around the world.'
Investments by private equity and venture capital funds (PE/VC) declined by 22 per cent in March to $4.6 billion spread across 107 deals, a report said on Wednesday. The deal activity showed an increase of 54 per cent by value at $15.5 billion across 360 deals, largely on the back of heightened activity in the startup space, the monthly report by IVCA and EY said. "While India's position as an attractive destination for PE/VC investments is expected to remain strong in 2022 given its high growth and macroeconomic and policy stability, the continuing geopolitical tensions, rising inflation, quantitative tightening by the US FED and inversion in the US yield curve are potential downside risks, making investors circumspect," Partner at EY Vivek Soni said.
If completed, this deal would place OpenAI among the most valuable private companies globally, alongside Musk's SpaceX and ByteDance, the parent company of TikTok, according to The New York Times.
The varsity will send a proposal in this regard to the University Grants Commission and the ministry of education.
If Smith is ruled out, then the left-hand batter Travis Head will lead the squad as he is the vice-captain of the side.
Investments by private equity and venture capital funds doubled to a record high of $9.5 billion in July mainly driven by higher investor interest in the e-commerce sector, a report said on Monday. Private equity (PE) and venture capital (VC) investments stood at $4.1 billion in the year-ago period. The activity was higher by 77 per cent when compared to June's $5.4 billion, the report on monthly PE/VC investment activity by industry lobby IVCA and consultancy firm EY said.
Talking about April 10 violence, she said that there are 17 hostels in the university and in 16 of those, everything went on peacefully with the iftar and the Ram Navami puja being organised together.
Tyagi is possibly the first Delhi University VC to face suspension. University officials said such an action had not been taken against any VC in at least three decades.
The 31-year-old didn't find a place in the squad against England because of Reddy's recent exploits.
Investments by private equity and venture capital funds declined by 22 per cent to $5.4 billion in June, as compared to the $6.9 billion in the year-ago period, a report said on Monday. However, if compared with May's $4 billion, the investments were higher by 33 per cent, the monthly report by industry lobby group IVCA and consultancy firm EY said. If one were to compare the inflows into companies in the first half of 2021, the investments were 45 per cent higher at $26.9 billion.
Deepening the funding crisis that startups have been witnessing for some time, the October inflows plunged 75 per cent on-year to $3.3 billion across 75 deals, including six large deals worth $2.2 billion, according to an industry report. Exits touched half of the inflows at $1.6 billion across 15 deals in the reporting months, a significant improvement over the previous month which saw just $653 million worth of exits across 24 deals, but 69 per cent lower on-year basis, according to the numbers collated by EY for the Indian Private Equity & Venture Capital Association, the umbrella body the PEs and VCs. However, the report said, on a month-on-month basis, the inflows continued to grow, clipping at 60 per cent over the September numbers.
Nearly half of the investments by various US-based investors have been made in Reliance subsidiary Jio.
Shami last played for India in the 2023 World Cup final in Ahmedabad after which he was sidelined because of an ankle injury which needed surgery.
The drop was the result of the change in FDI rules, which was amplified by the border standoff between India and China.
She has also demanded security from the JNU citing safety concerns, after her personal details were allegedly leaked by a university official.
