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Innoven Capital

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Is the pace of unicorns in India slowing down?

The Indian startup ecosystem recently celebrated the 100th unicorn milestone. It came after a month of no big fund announcements. Illustration: Uttam Ghosh/Rediff.com Compare this to 2021, when......

Start-up founders turn to venture debt funds

The country’s top three venture debt firms -- Alteria Capital, Innoven Capital, and Trifecta Capital -- combined deployed about $300 million (Rs 2,200 crore) in start-ups such as BigBasket,......

The murky trail of Rana Kapoor's firm DOIT

DOIT is a 100 per cent subsidiary of Morgan Credits in which Rana Kapoor’s daughters Radha, Roshini and Raakhe, are directors. In 2018-19, the company incurred a net loss of Rs 48.76 crore on......

Post devaluation, Quikr is no longer a unicorn

Major shareholder Kinnevik, a Swedish investment firm, devalued Quikr by 45%, referring to the exaggerated revenue resulting from fraudulent transactions that rocked the company. Quikr is now......

Old India is still sceptical about investing in start-ups

Though startups find 17 mentions in the Budget speech of the finance minister, and have been promised tax exemptions, the reality is that only 2 per cent of the 4,648 applications received from......

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