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.
The ruling group of the Mumbai Cricket Association (MCA) on Tuesday extended its support to Sharad Pawar at the October 18 biennial elections for which the Union Agriculture Minister is expected to file his presidential nomination.
Contesting on behalf of the BJP-backed Pawar-Bal Mahaddalkar group, Pawar beat the Shiv Sena-backed 'Cricket First' group's candidate Vijay Patil by 176-142 votes.
Union Agriculture minister and NCP strongman Sharad Pawar filed his nomination for the presidentship of the Mumbai Cricket Association on Wednesday, a day after BJP leader Gopinath Munde did so, to make it a two-way fight at the October 18 biennial elections.
Senior Bharatiya Janata Party (BJP) leader Gopinath Munde on Tuesday filed an appeal against the rejection of his candidature for the post of president in the Mumbai Cricket Association elections on October 18.
Vijay Patil, has appealed to incumbent MCA and NCP chief Sharad Pawar to withdraw from the contest.
the BJP have offered support to Nationalist Congress Party chief Sharad Pawar, who is contesting for the post of president on behalf of the Pawar-Bal Mahaddalkar group, while the Shiv Sena is firmly behind the 'Cricket First' group, headed by Vijay Patil, son of Congressman D Y Patil.
'When I entered the Indian team's dressing room, I discovered that there was a divide in the team, like a wall in between two groups of players, there were two teams within one.' 'It was all about individual glory and if the team won in the process great!' 'My entire Test career was about me wishing that my Indian team was more like the Pakistan team.'
Meet model Smita Lasrado, the Mumbai girl who is turning on the heat at international runways for labels like Chanel, Vivienne Westwood, Etam etc.
