Sensing a huge opportunity in the healthcare sector during the Covid-19 pandemic and its aftermath, private equity (PE) players are upping their investments in the space. According to data from research platform VCCEdge, the PEs have together invested a staggering $583.82 million in the first five months of 2021 in five deals, which is the highest investment in the sector in the last five calendar years - from 2016 to 2020. The second highest investment in the sector took place in 2017, when PEs invested $503 million in 18 deals, with an average deal size of $29. 9 million.
Chillr recently raised $5 million from Seqouia Capital.
OlaCabs' hyper-growth and an ambitious plan to expand to 100 cities by the end of 2015 are perhaps what attracted Japan's richest man, Masayoshi Son, chairman of telecom and media group SoftBank Corp, to announce an investment of $210 million (around Rs 1,260 crore) in the company.
Anupam Mittal, the fund man behind OlaCabs has lined up more investments.
Mitra Biotech's personalised cancer therapy could be a game changer in the field of cancer medicine.
The total staff strength - once 1,100 - is now under 200.
According to data from Venture Intelligence, PEs invested in two mobile payment solutions firms each in 2009, 2010 and 2011. This grew to four deals in 2012 and five deals in 2013.
It hopes to leverage the growing number of mobile transactions
That's because India does not have a serious venture capital industry with an appetite for risk, observes T N Ninan.
Practo is an online health service platform which assists patients to meet the best doctors and keeps digital records.
Citigroup Venture is planning to buy an equity stake in PINC for Rs.400 cr.
Arnab Dutta traces how Bira 91 is already among the top two in the premium segment in all the cities that it is present in today and how it is giving larger brands Kingfisher and Budweiser a run for their market share.
Even at early stage, start-ups are raising more money faster owing to the rise of a lot of specialised early-stage VCs and emergence of seed-stage programmes.
Murthy no more chairman emeritus; founders do not want to be addressed as promoters.
Ratan Tata has invested an undisclosed amount in startup research platform Tracxn.
'Banking is a business of trust.'
Over the last 12 months, thanks to bold bets by venture capital firms like Sequoia, SoftBank Vision Fund, and foreign strategic investors like Naspers, pipeline of start-ups with potential to achieve $1 bn in valuation is at an all-time high.
Ola competes with Uber Technologies in India.
This makes it the most valued fintech company in the country after Paytm and Walmart-owned PhonePe.
Giants like Pepsi and Coke are fast losing shelf-space to healthier, functional options.
Jaydeep Barman and Kallol Banerjee reveal how they built the company from scratch.
Vikramank Singh looks back at the year gone by!
With Nikesh Arora's exit from Softbank, India's start-ups have lost one of its biggest supporters.
Start-up Belong.co uses an unconventional way of hiring that trusts more on data available on social media or tweets than the resume.
This e-series funding round also makes OYO the most valued hospitality company in the country, ahead of the Tata group's Indian Hotels Company, which owns the Taj brand of hotels, and EIH, which owns the Oberoi brand of hotels.
Founded in 2015, Meesho is one of the country's fastest growing social commerce platforms, and provides small and independent entrepreneurs with products and tools to start, maintain, and grow their businesses. Facebook's interest in the digital commerce follows Reliance Industries' entry into the hybrid e-commerce ecosystem.
What work in Jaipur's favour are lower costs, a good talent pool, better quality of life, and proximity to the Delhi National Capital Region
Internet entrepreneurs are the next big thing in India.
People move from investment banking to growth equity or from venture capital to growth equity or entrepreneurship, depending on what's attractive at different points of life.
The idea behind starting Chingari is not to build a TikTok clone but to position itself as a super app for India like WeChat.
Medha is an organisation created with the idea of bringing in better employment opportunities and life for educated youth.
Last year, Zomato was in the news for reportedly dismissing 250-300 employees.
India-located funds have already raised $3.9 billion so far this year.
The 'angel tax' and notices to start-ups and angel investors from the income tax department was certainly a dampener. However, a bigger factor is the lack of exits.
Company's revenue rises 3-fold to touch $206 million while total cost jumps over 6 times to $500 million
The inspiring story of how Saurabh Aggarwal conquered it all with his mobile gaming company Octro.
Total exit value breached the $10 billion mark for the first time to touch $10.3 billion this calendar, from $9.4 billion in 2015
While the redeployment of talent from companies that have shut down into other start-ups is a great move, some say the gesture is gaining more visibility than the actual companies
'Kids like something when it is interesting, focused, and offers scope for self-exploration.' 'We teach them how to learn, not force them,' Byju Raveendran tells Bibhu Ranjan Mishra.
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.