Mutual funds aspirants have the option of snapping up smaller AMCs or applying for a new licence.
The service, which enables users to form communities and blog using their mobile phones and has a user base of 12 million, has received the investment from venture capital funds Helion Ventures and Charles River Ventures. The funds will be used to fund business growth, product development and increased sales and marketing, said Rakesh Mathur, CEO and co-founder of SMS GupShup.
The past few years have seen the first cycle of mergers and acquisitions, exits, and track-records being created.
The world's largest mobile handset maker Nokia on Thursday said it will pump in an additional $150 million in the company's private equity and venture capital arm to focus on investment opportunities in the emerging markets of India and China.
In the Cyberabad incident, all the four accused were killed at one go in an exchange of fire. Police in both the cases claimed that the suspects 'snatched' their weapons and opened fire at them forcing them to retaliatory action 'in self-defence'.
Refuting allegations of brutal lathi charge on Jadavpur university students, Kolkata police commissioner Surajit Kar Purakayastha on Thursday said the situation could have turned worse had the police not intervened as there were reports of armed miscreants entering the campus.
This is what former Visva-Bharati vice-chancellor Dilip Sinha has told West Bengal CID sleuths.
World's No. 1 venture capitalist Promod Haque of Norwest Venture Partners is in talks with five software product companies in India for funding.
Diversified business group Godrej Industries has set up a $50 million venture capital fund along with a set of individuals to invest in agri start-ups.
Jadavpur University Vice Chancellor Abhijit Chakrabarti, who was rescued by the police after being held hostage by students, said he feared that he would have been killed had the police not come.
A 30-member delegation of venture capitalists will visit India with a view to understand and explore the country's economic scenario.
Riding on a buoyant economy, bullish stock market and relatively stable political climate, India is poised to corner about $750 million of venture capital in 2003.
Dr Anand Samuel, Pro Vice Chancellor, VIT University shares how he overcame stage fear, job dissatisfaction and more
Prof B B Bhattacharya says his forecasts are more 'judgemental' today, along the lines of the forecasts of other institutions including the RBI. Excerpts from a conversation with Sunil Jain.
Infosys chairman Nandan Nilekani voluntarily chose not to receive any remuneration for his services.
The Supreme Court, which is hearing cases through video-conferencing since March last year due to the COVID-19 pandemic, will commence hybrid physical hearing from March 15.
The Jadavpur University authorities on Monday appealed to the students to maintain normalcy and resume classes, but the students remained adamant on boycott of classes reiterating their demand for resignation of Vice-Chancellor Abhijit Chakraborty.
The finance minister has emphasised on the quick disbursal of additional loans to MSMEs, to simplify process, formats and documentation.
Citigroup Venture Capital (CVC) is in talks to acquire 10-15 per cent stake in AnandRathi Securities, the Mumbai-based securities and wealth management firm, for nearly Rs 70 crore ($15 million).
Stepping up pressure, the University Grants Commission on Saturday asked the Delhi University to scrap the four-year undergraduate programme even as the DU Vice Chancellor is understood to have cautioned against taking any step "in a hurry".
The students gathered in front of the campus as part of a call for 'Chalo HCU' given by Joint Action Committee for Social Justice of HCU to intensify their ongoing agitation demanding removal and arrest of vice chancellor Appa Rao Podile (who resumed as VC on March 22).
The new tranche of funding raises Ola's valuation to $5.74 billion from $4.45 billion in October 2017
Delhi University Vice Chancellor Dinesh Singh resigned on Tuesday apparently in protest against the University Grants Commission's direction to dump the controversial four-year undergraduate programme deepening the crisis ahead of the new academic session.
Free speech is the soul of a great university. By compromising on it, the founders have bartered away its soul, said Rajan.
Venture capitalists and private equity players have slowed investments in Indian start-ups.
Not just the 40 points, India will also be eyeing a 3-0 whitewash in the Gandhi-Mandela series.
Ravi Kant, who joined the company in July 2000 as executive director (commercial vehicle business unit), was appointed as managing director on July 29, 2005.
Dayakar Pushkoor, founder partner of Naya Ventures, an early stage venture capital firm, lists what young aspiring entrepreneurs should know and do before they start-up and how they can raise money from VCs.
With a new $100-billion technology fund, SoftBank is likely to go after market leaders.
For Kohli, a trophy-less cabinet doesn't do justice to the champion performer that he has been for a decade.
At present, other large players in the grocery and food retail space include Flipkart Supermart, Bigbasket, and Grofers.
A shoe was hurled at Jawaharlal Nehru University president Kanhaiya Kumar as he was about to address a seminar in Hyderabad on Thursday.
The letter, written by the University Registrar to the deputy commissioner of police, South District, says the "VC grants to the police force permission to enter JNU campus if need be and as you may deem fit."
His remarks against Narendra Modi nearly cost him his job, but Maulana Ghulam Mohammed Vastanvi will for now remain vice chancellor of Asia's largest Islamic seminary,Darul Uloom Deoband in Uttar Pradesh.
PE/VC investments touched a record $11.2 billion in the first half of 2017 against $8 billion in the same period in 2016
Anant Prakash, one of the five students accused in the Jawaharlal Nehru University controversy, on Monday demanded University Vice-Chancellor Mamidala Jagadesh Kumar take a 'courageous stand' and ensure that all charges against them are dropped.
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