Family offices are increasingly looking to invest directly in start-ups rather than through investment in venture capital (VC) firms. The shift is happening because of multiple reasons. Next-generation scions of wealthy families are conversant with how the start-up world works after they have spent time in Silicon Valley; start-up investment is rising to 10-15 per cent of family offices' portfolios from single digits; and they do not want to share gains of investment with VC firms. "While earlier they would prefer to invest in this asset class via venture capital (VC) funds as LPs (limited partners), now they are making direct investment in start-ups.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Tournament favourite Novak Djokovic beat Finnish veteran Jarkko Nieminen 6-2, 7-5, 6-2 on Tuesday, kicking off his quest for a first ever Paris trophy to add to his eight other Grand Slams.
Two days after a vehicle with explosives was found near the residence of industrialist Mukesh Ambani in Mumbai, police are looking for the other car which had been seen at the spot, an official said on Saturday.
'We never go overboard on any stock, no matter how good it may seem.'
Citing unviable duty structure on key components like flat panels and open cell parts, Samsung had shuttered its TV assembly lines in Tamil Nadu in 2018.
Indian archer Jyothi Surekha Vennam lost a nerve-wracking final to Colombian world number three Sara Lopez to settle for a silver in the compound women's individual section at the World Championships in Yankton.
Images from Day 5 of the 2023 Australian Open at Melbourne Park on Friday.
Sealing the match with a thumping serve, the 2014 US Open champion will bid for his second grand slam title against Friday's winner of Roger Federer and South Korea's rising star Chung Hyeon.
In 2020-21, Indian firms offered to buy back shares worth Rs 39,295 crore, or 97% more than Rs 19,972 cr proposed in the previous financial year.
Williams has just one professional tournament remaining before she drops the curtain on her historic career
Private equity investing can be rewarding, but an investor needs to be patient as exiting can be tricky and these assets do not provide instant liquidity.
Initial share sales are set to dazzle the Dalal Street in 2022 too as companies are expected to garner up to Rs 1.5 lakh crore in the New Year, continuing with the bullish momentum after 2021 turned out to be the best IPO year in two decades for the Indian market. Excessive liquidity and increased retail investor participation ensured a persistent euphoria in the Initial Public Offer (IPO) space wherein companies mopped up more than Rs 1.2 lakh crore this year even as pandemic gloom shadowed the broader economy. In 2022, the higher amount of funds through the primary market will be largely driven by the mega IPO of state-owned Life Insurance Corp (LIC).
'Does it mean that till the COVID-19 fight is over, the governor should be non-functional, in sleep mode, and fiddling in the Raj Bhavan while the state is burning?'
CBI sources said a case has been registered against UK-based NRI Vipin Khanna, whose named had also figured in another defence deal probed by the agency. They said the kickbacks were allegedly paid in 2009 through subsidiaries of Embraer via a Singapore based company which is owned by the middleman.
IMAGES from Day 2 of the Wimbledon Championships from the All England Lawn Tennis and Croquet Club, London, on Tuesday.
Swiss building material major Holcim has said its $6.38 billion deal with Asia's richest man Gautam Adani's group is tax-free. Holcim had on Sunday signed a binding agreement with the Adani Group to sell its business in India -- about a 63 per cent stake in Ambuja Cement, which owns a 54.53 stake in ACC (of which 4.48 per cent is direct shareholding). "So, according to our analysis, it is a tax-free transaction," Holcim CEO Jan Jenisch said while addressing investors after the deal on Monday." When asked about the tax implications, he said: "Never know if any complication arises, but we assume that we will get the 6.4 billion Swiss Francs as net proceeds." As per the deal, Adani Group will acquire Holcim's full stake in Ambuja Cement and ACC for CHF (Swiss franc) 6.4 billion ($6.38 billion).
Another round of discussions between the farmer unions and Centre is slated for Saturday.
A round-up of Wednesday's action in the UEFA Champions League.
Delhi police commissioner Rakesh Asthana on Sunday said over 27,000 police personnel have been deployed for Republic Day security duties in the national capital and anti-terror measures intensified.
Future Group founder and CEO Kishore Biyani on Tuesday said Amazon was fully aware of his group's talks with Reliance Industries for the sale of retail assets that followed the US giant offering no concrete help to tide over the cash crisis. Opening up after being locked in an intense legal battle with Amazon over the Rs 24,713 crore deal with Reliance, Biyani in an interview with PTI said the US giant's 2019 investment in Future Coupons Pvt Ltd (FCPL) -- Future Retail's parent -- was for coupon and gifting business only and the same could continue post-retail assets going to Reliance. He hoped to complete the deal with Reliance within two months of Sebi approval.
A 150-metre long underground tunnel suspected to be used by terrorists for infiltration was detected near International Border in Jammu and Kashmir's Samba sector on November 22.
Gorkhaland supporters torched a police outpost, a toytrain station and clashed with the police at two places.
News of all that's transpired on and off the football field
Holders Spain became the first team to score more than two goals in a game at Euro 2016, beating Turkey 3-0 as Andres Iniesta shone again and forward Alvaro Morata answered his critics with two goals. The defending champions also achieved their first objective, which was to avoid a repeat of their dismal first round exit at the last World Cup, as they booked a place in the round of 16 with a game to spare. Spain have won both their games in group D without conceding a goal and Turkey have lost both of theirs without scoring.
Calculative risks is what differentiates the successful businesses from the rest, points out Bhargav Varma, co-founder and COO of CiS App, a social networking venture.
To safeguard investors of firms listed on non-operational bourses, market regulator Sebi on Monday allowed such companies to raise capital through preferential allotment route to meet listing requirements.
The heartburn is over six sensitive issues
Images from Day 2 of the 2022 Australian Open in Melbourne on Tuesday.
The deal, which is expected to close in the next four to five weeks, will give exit to investors Alibaba, Abraaj Group and IFC. The parties are awaiting approval from the Competition Commission of India (CCI).
Joint venture to take on Amazon will be announced next week.
Recently, ex-Google executive Punit Soni joined FLipkart.
Investing in start-ups can be highly rewarding, but direct investing is not meant for everyone. For the majority of wealthy investors, taking the private-equity route could still be the better option.
Alexis Sanchez had equalised for the visitors, scoring on the rebound after Manuel Neuer saved his 30th-minute penalty but the Gunners suffered when captain Laurent Koscielny limped off injured to leave the defence exposed.
A roundup of the Vijay Hazare Trophy one-day matches played on Tuesday.
A roundup of the Vijay Hazare Trophy one-day matches played on Wednesday
'Indices will remain range bound in 2022 as earnings catch up with the current multiples.'
Treat silver as part of the procyclical or growth assets in your portfolio, advises Sanjay Kumar Singh.
The fire department said the four-storey building, which did not have a fire safety certificate, had a single entry and exit point.
A majestic Roger Federer emphatically returned to the Grand Slam big-time by trouncing Jo Wilfried-Tsonga 6-3, 7-5, 6-4 at the Australian Open on Monday to book a blockbuster quarter-final with Wimbledon champion Andy Murray.
