News for 'Venture Capital Funds'

VC funds reduce number of deals with start-ups by a 5th in 2022: Study

VC funds reduce number of deals with start-ups by a 5th in 2022: Study

Rediff.com20 Dec 2022

At least 14 of the top 20 venture capital (VC) and private equity (PE) funds in India reduced new deals with start-ups by a fifth in 2022. The number fell from 572 in 2021 to 456 this year, according to data from Venture Intelligence. Sequoia Capital, a leader in investments, retained its top slot but its number of deals fell from 110 in 2021 to 70 this year.

Family offices surge to 300 since 2018 on Tier-II,-III push

Family offices surge to 300 since 2018 on Tier-II,-III push

Rediff.com4 Jul 2024

Thanks to a booming market, India now has more than 300 family offices, up from 45 in 2018, according to a PwC report. The number is expected to grow rapidly, with promoters establishing more businesses in Tier-II and Tier-III cities. Family businesses play a crucial role in India's booming economy, spanning manufacturing, retail, real estate, healthcare, and finance.

Budget plans to complete 1 lakh homes in stalled projects

Budget plans to complete 1 lakh homes in stalled projects

Rediff.com2 Feb 2025

Union Finance Minister Nirmala Sitharaman on Saturday announced a fresh Rs 15,000 crore 'SWAMIH Fund' for completion of 1 lakh units in stalled housing projects across various cities, a move aimed at providing relief to distressed homebuyers whose investments are stuck. In November 2019, the Centre announced a stress fund named 'Special Window for Affordable and Mid-Income Housing' (SWAMIH), to complete stalled housing projects across India.

'Indian startups on track to raise $8-12 bn this year'

'Indian startups on track to raise $8-12 bn this year'

Rediff.com18 Mar 2024

Indian startups are expected to raise $8-12 billion this year, a top official of venture capital firm Peak XV said on Monday, highlighting that the country's startup ecosystem is the most vibrant in the world. Speaking at StartUp Mahakumbh, Peak XV managing director Rajan Anandan said around $20 billion of private capital is lying uninvested and is committed for investment in private firms and startups in India.

Valuations, access to capital spur fintechs' homecoming

Valuations, access to capital spur fintechs' homecoming

Rediff.com4 Jun 2024

Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping?

Tighter norms, rising compliance failures driving scrutiny for startups

Tighter norms, rising compliance failures driving scrutiny for startups

Rediff.com24 Apr 2025

Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.

Early stage funding drying up

Early stage funding drying up

Rediff.com14 Dec 2005

Startup story set for better script in 2024 after a bleak '23

Startup story set for better script in 2024 after a bleak '23

Rediff.com28 Dec 2023

Funding winter and corporate governance woes separated the men from the boys in the country's startup space in 2023 that saw funds into the segment tapering to just around $8 billion. All said, investors are hopeful of strong growth of the maturing startup ecosystem in the new year. Edtech and health tech segments that grew exponentially during the pandemic plunged into an abyss of financial uncertainties, with several firms shuttering their business, and valuation of prominent players like BYJU'S and PharmEasy plummeting 85-90 per cent.

Entrepreneurs, $20 Bn Is Waiting For You

Entrepreneurs, $20 Bn Is Waiting For You

Rediff.com22 Dec 2023

'In the next 15-20 years, India will have at least 50 new (AI-driven) billion-dollar companies that are going to solve problems for the largest companies around the world.'

Insecure, not happy person: Sam Altman jabs Elon Musk

Insecure, not happy person: Sam Altman jabs Elon Musk

Rediff.com12 Feb 2025

If completed, this deal would place OpenAI among the most valuable private companies globally, alongside Musk's SpaceX and ByteDance, the parent company of TikTok, according to The New York Times.

Indian cos see $77 mn VC funding in July-Sep

Indian cos see $77 mn VC funding in July-Sep

Rediff.com19 Oct 2009

Despite the positive sentiment returning in the VC space, investment si still low on an year-on-year basis.

Alternative investment funds want tax clarity

Alternative investment funds want tax clarity

Rediff.com14 Aug 2014

Providers write to Sebi, FinMin; launches may hit pause.

Why Odds Are Against New Mutual Funds

Why Odds Are Against New Mutual Funds

Rediff.com21 Sep 2023

Meaningful market share would go to those who have the distribution strength to push their products, such as banks.

Will Poonawalla Let Karan Johar Thrive?

Will Poonawalla Let Karan Johar Thrive?

Rediff.com27 Nov 2024

A non-strategic investor like Poonawalla brings in not only capital but also creative freedom. Indian cinema needs more investors like him, reports Vanita Kohli Khandekar.

Now, VCs to invest in rural tech

Now, VCs to invest in rural tech

Rediff.com8 Dec 2008

Venture capitals in India, which traditionally invested in urban segments or technology sector, have begun investing in rural-centric technology firms. Avishkaar India Micro Venture Capital Fund, Acumen Fund, and Rural Innovations Network are showing increased focus on rural markets.

'We Need More AI Researchers'

'We Need More AI Researchers'

Rediff.com16 Jul 2024

'20 per cent of the global AI researchers are of Indian origin, and we should bring them back.'

RSS and its affiliates seek I-T cut, robot tax launch in upcoming Budget

RSS and its affiliates seek I-T cut, robot tax launch in upcoming Budget

Rediff.com30 Jun 2024

An increase in the farmer income support scheme PM Kisan Nidhi, the introduction of a 'robot tax' to fund reskilling of people who lose their jobs to artificial intelligence (AI), and a reduced income-tax (I-T) to bring relief to the middle classes - these are some of the items in the Budget wish list submitted by Sangh Parivar affiliates to Finance Minister (FM) Nirmala Sitharaman. Representatives of the affiliates of the Rashtriya Swayamsevak Sangh (RSS), such as the farmer organisation Bharatiya Kisan Sangh (BKS); trade union Bharatiya Mazdoor Sangh (BMS); Laghu Udyog Bharati, which works for micro and small industries; and Swadeshi Jagran Manch (SJM), which works on economic and policy issues, met the FM and other officials over the last couple of weeks as part of the pre-Budget consultations.

Torrent Group acquires 67% stake in Gujarat Titans

Torrent Group acquires 67% stake in Gujarat Titans

Rediff.com17 Mar 2025

Ahmedabad-based Torrent Group has completed the acquisition of a majority 67 percent stake in Indian Premier League (IPL) franchise Gujarat Titans.

Why Foreign VCs Have Shut Their Taps

Why Foreign VCs Have Shut Their Taps

Rediff.com6 Jun 2023

Foreign investment in India's start-ups has plummeted 72 per cent to $4.58 billion so far, from $16.2 billion during the same period last year.

Fund-raises by fintechs slowed by 47% in 2022

Fund-raises by fintechs slowed by 47% in 2022

Rediff.com20 Mar 2023

Recently, Slice, a payment app, acquired a 5 per cent stake in North East Small Finance (NESF) for $3.42 million - the first such deal by a fintech in a small finance bank. Slice (valued at $1.5 billion, and backed by Tiger Global, Blume Ventures and Axis Bank) will technically get a toehold in a scheduled commercial bank if NESF were to get a licence to morph into one down the line Such a transition is well within the banking regulator's declared framework. The transaction has to be seen in a larger context.

Citigroup Venture to buy PINC stake

Citigroup Venture to buy PINC stake

Rediff.com9 Jan 2008

Citigroup Venture is planning to buy an equity stake in PINC for Rs.400 cr.

Job seekers, here's your chance of getting selected in startups

Job seekers, here's your chance of getting selected in startups

Rediff.com3 Jun 2015

New listing on the BSE will create more jobs, say experts.

PMS players breach threshold, set to have non-EPFO assets of over Rs 10 trn

PMS players breach threshold, set to have non-EPFO assets of over Rs 10 trn

Rediff.com29 Dec 2024

When star mutual fund managers quit their jobs to start their own ventures, they have often begun their new innings by becoming portfolio management service (PMS) providers. Over the years there has been an influx of fund managers - they could earn big if they succeeded on their own - and alongside there are wealthy clients looking for an edge beyond that offered by traditional mutual funds.

BSE 100 companies boost R&D, innovation challenges persist

BSE 100 companies boost R&D, innovation challenges persist

Rediff.com13 Oct 2024

Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.

Institutional investment in real estate jumps 31% to $1.3bn

Institutional investment in real estate jumps 31% to $1.3bn

Rediff.com5 Apr 2025

The growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the first quarter of the financial year.

Investors rush to fund online pharmacy players

Investors rush to fund online pharmacy players

Rediff.com2 Nov 2015

Offline stores dominate the retail market and will continue to do so.

VC investments may focus more on energy startups

VC investments may focus more on energy startups

Rediff.com5 Jan 2010

Moreover, VC investments are anticipated to move away from information technology and telecommunication areas, according to German banking major Deutsche Bank.

Budget focuses on jobs and skilling, keeping 2 allies happy

Budget focuses on jobs and skilling, keeping 2 allies happy

Rediff.com23 Jul 2024

Finance Minister Nirmala Sitharaman on Tuesday announced income tax relief for the middle class, a Rs 2 lakh crore outlay for job creation schemes over the next five years and a spending splurge for states run by her party's new coalition partners as she unveiled the Modi 3.0 government's first budget after the general elections.

Make millions, be a Net entrepreneur

Make millions, be a Net entrepreneur

Rediff.com11 Dec 2006

A few gatecrashers into the Net space have created formidable revenue models for online businesses.

After extended winter, signs of thaw in Indian edtech sector

After extended winter, signs of thaw in Indian edtech sector

Rediff.com10 Dec 2024

After a prolonged winter, the Indian edtech sector seems to be witnessing some signs of a thaw. The sector has received $608.8 million of funding across 68 deals in 2024 so far - 153 per cent more than the $240.9 million across 106 deals during the same period last year - according to data from market intelligence platform Tracxn.

Banks managing private pools of capital warned

Banks managing private pools of capital warned

Rediff.com22 Apr 2009

RBI said banks managing capital and infrastructure funds would be prone to risks, which are a part of these business models. Issuing a caution to the banks, it quoted the recent G30 report on financial stability, which had recommended that large and systemically important banking institutions should be restricted in undertaking proprietary activities that present particularly high risks and serious conflicts of interest.

From layoffs to cost-cutting, start-ups brace for long funding winter

From layoffs to cost-cutting, start-ups brace for long funding winter

Rediff.com28 Oct 2022

On a cloudy Monday this month, Mohammed Irshad flew from Kochi to Gurugram to attend an exclusive investor networking event. Among a handful of founders selected for the event, Irshad was to pitch his peer-to-peer learning start-up Notespaedia for funding in front of top venture capital investors such as AngelBay, Elevation Capital, and Inflection Point Ventures. He failed to woo them, but the feisty entrepreneur was determined to continue his hunt.

Sequoia splits into 3 independent entities, India biz now Peak XV Partners

Sequoia splits into 3 independent entities, India biz now Peak XV Partners

Rediff.com7 Jun 2023

Venture Capital giant Sequoia India & Southeast Asia has rebranded itself to Peak VX Partners. The VC firm will now manage its assets under management (AUM) in the region of over $9.2 billion across 13 funds independently. The rebranding exercise followed Sequoia Capital's break-up into three independent entities across the globe. Besides Sequoia India & Southeast Asia, Sequoia China business has adopted the name HongShan in English (it will

Sebi eases disclosure norms for alternative investment funds

Sebi eases disclosure norms for alternative investment funds

Rediff.com18 Jul 2014

Under Sebi guidelines, AIFs can operate broadly in three categories.

Singapore Airlines to invest additional Rs 3,195 cr in Air India post Vistara merger

Singapore Airlines to invest additional Rs 3,195 cr in Air India post Vistara merger

Rediff.com10 Nov 2024

Singapore Airlines will make an additional investment of Rs 3,194.5 crore in Tata Group-owned Air India post-merger of Vistara in November. The merger, announced on November 29, 2022, and set to be completed on November 11, 2024, will result in Singapore Airlines having a 25.1 per cent stake in the enlarged Air India. Full-service carrier Vistara, which started flying on January 9, 2015, is a joint venture between Tatas and Singapore Airlines, where the latter holds a 49 per cent shareholding.

Budget 2025: Grassroot Level Implementation Is Necessary

Budget 2025: Grassroot Level Implementation Is Necessary

Rediff.com5 Feb 2025

Simplifying investment policies at the micro level and introducing a time-bound framework will be critical for India's growth targets, notes Krishna Ella.