As consumers in India seek variety and innovative products, there's a lot of interest among investors for healthier products.
The buzz in the IPO market continues with four companies launching their initial share sales this week to raise over Rs 14,628 crore collectively. This comes after four companies -- Devyani International, Krsnaa Diagnostics, Windlas Biotech and Exxaro Tiles-- launched their initial share-sales last week to mobilise Rs 3,614 crore. So far in the current fiscal, 16 companies have raised Rs 30,666 crore through IPOs against Rs 31,277 crore by 30 firms in the entire 2020-21. Going forward, market analysts expect the IPO environment to remain buzzing during the entire 2021-22.
Moolchand Healthcare Pvt Ltd, the corporate entity formed by the group in 2006 with expansion in mind, is on an acquisition spree for hospital chains, IVF (in vitro fertilisation) clinics and pathological laboratories.
In India, where it is tougher to do business, a start-up gets established by the Series-B stage, and it gets expensive for investors.
Samant said he has been into R&D for the past 24 years and before joining GlobalLogic, he was president at Ness Technologies and had worked at Hewlett-Packard lab in India and also has worked at IBM labs.
In these times of a slowdown in the job market, over 34 start-up companies from across states and 53 job seekers converged in Mumbai to find a fit for their professional needs -- taking the total number of interactions to over 1,400.
Amid oxygen shortage and a faltering health system in the country, India is seeing over 300,000 cases daily.
Education topped the table with nearly $1.755 billion as against $379 million last year, followed by real estate which received $754 million.
This makes it the most valued fintech company in the country after Paytm and Walmart-owned PhonePe.
Proto.in, a support platform for the Indian startup community picked up these young startups
That's because India does not have a serious venture capital industry with an appetite for risk, observes T N Ninan.
Multinational FMCG giant Reckitt Benckiser on Monday said it has agreed to fully acquire Ahmedabad -based Paras Pharmaceuticals Ltd for Rs 3,260 crore (Rs 32.60 billion).
The good news is that India is hitting critical mass across product categories like mobile telephony, auto and consumer electronics, to name a few.
With its foray into self-drive, Ola will go head-to-head with early entrants Zoomcar, Revv and a few other.
Low delinquency rates, huge demand attract investors to the unique gold financing sector.
Eruditus runs on a partnership model with top global universities such as MIT, Columbia, Harvard, Cambridge, INSEAD, Wharton, and UC Berkeley, offering courses in coding, data science, fintech, block chain, and entrepreneurship.
'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.
Investors spent much of 2016 cleaning house. And a VC tells Ranju Sarkar, "There's still some bad news left in the portfolios (of VC firms). What happens to Ola and Flipkart will drive sentiment in future."
Dr Manjiri Bakre's OncoStem is revolutionising breast cancer treatment. And has raised $6 million to do more!
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Ola competes with Uber Technologies in India.
Venture Intelligence data shows that during January to July 2020, investors infused $998 million in 31 deals. The total number of deals reported in 2019 was 42 worth $404 million.
If you are an entrepreneur and apprehensive that the global market meltdown will strain your fund-raising plans, fear not. India-focused private equity and venture capital funds raised $7 billion (Rs 27,958 crore) in 2007, excluding real estate, last year. They had garnered a similar amount in the corresponding previous year, according to data from Venture Intelligence, a venture capital research company.
Toyota said modules in the power window master switch may have been lubricated inconsistently during the manufacturing process.
Pai has direct and indirect investments in about a dozen companies.
Forget Starbucks coming into India. Witness the expansion of Caf Coffee Day, which is set to mushroom across the country.
The company, which rents cars by the hour, day, week and month, has Mahindra E2O Plus and Tata E Tigor available on the platform for which it charges a subscription fee of Rs 15,000-20,000 per month.
To expand its services in the five-player private direct-to-home market, Reliance Big TV Ltd, the promoter of Big TV DTH services of the Reliance ADA Group, plans to sell up to 49 per cent to foreign private equity companies and global DTH players.
Today's smartest investors are asking about India, not China. India has seven times more impact on the US than China! Smart investors know that Indian companies' return on equity is 21 per cent compared with 10 per cent for China.
With the help of Practo Ray, doctors can share reports.
Oyo has recently undergone large-scale corporate restructuring, setting up several subsidiaries and bifurcating operations globally.
China's Tianhe-2 supercomputer was named the world's fastest for the fifth time on Monday, outperforming those from the US.
1mg has made buying medicines easy and it aims to do more in online health care.
Citigroup Venture is planning to buy an equity stake in PINC for Rs.400 cr.
Investments are pouring into online portals for add-ons.
22 million vehicles recalled in 2013: US safety agency
24/7 Customer, a $70 million BPO services provider, said that it planned to tap the capital market, but not in the immediate future.
Ratan Tata has invested an undisclosed amount in startup research platform Tracxn.
TikTok is up against not just government sanction but also a set of feisty home-grown brands that have raised the 'vocal for local' banner to stake claim to the platform's vast small-town reach, point out T E Narasimhan and Sai Ishwar.
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.
