News for 'Venture Capital Funds'

Funding winter hits start-up advertising spend across properties

Funding winter hits start-up advertising spend across properties

Rediff.com6 Aug 2022

A long and bitter funding winter in the start-up world is beginning to take its toll on start-up advertising across properties. Earlier this week, Mastercard replaced Paytm as the title sponsor for all international and domestic cricket matches organised by the Board of Control for Cricket in India (BCCI). But this is just one part of the story. The other side is that organisers of high-impact shows and events on Hindi general entertainment channels, too, are feeling the winter chill.

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

Rediff.com30 Aug 2024

Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). This is Zepto's third big-ticket fundraise within a year. With this, the company has raised more than $1 billion in 12 months.

Funding for space start-ups zooms

Funding for space start-ups zooms

Rediff.com30 Nov 2022

The race for space has got real, and it is attracting funding like never before. In 2022 so far, funding to private players in the space sector has jumped a whopping 61.5 per cent - soaring to $108.52 million compared to $67.2 million in 2021. Propelling it is the government's decision to open up the space sector to private players and the work done by companies like Skyroot Aerospace, the Hyderabad-based start-up behind the launch of India's first privately developed rocket on November 18.

Start-ups, venture capitalists offer funds to tackle Oxygen scarcity

Start-ups, venture capitalists offer funds to tackle Oxygen scarcity

Rediff.com26 Apr 2021

Amid oxygen shortage and a faltering health system in the country, India is seeing over 300,000 cases daily.

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.

A Formula For Start Up Success

A Formula For Start Up Success

Rediff.com10 Jan 2025

'80% of start ups fail because they don't have a support system to help them in the very early phase.' 'It's not just an idea that takes an entrepreneur through the initial three years of journey.' 'What plays a definitive role in making a start-up successful is idea+team+capital+mentors+access to a larger ecosystem.'

Byju's founder Raveendran keen to raise funds

Byju's founder Raveendran keen to raise funds

Rediff.com4 Jan 2023

Edtech major Byju's founders Byju Raveendran and Divya Gokulnath are planning to increase their stake in the company to about 40 per cent and have initiated discussion with investors, sources aware of the development said on Wednesday. The founders jointly hold around 25 per cent stake in the company at present. "There is an intention of Byju's founders to double their stake in the company.

Nokia arm to to invest in Indian start-ups

Nokia arm to to invest in Indian start-ups

Rediff.com28 Jun 2005

BlueRun Ventures and Nokia Growth Partners, two venture capital firms supported by Nokia Corporation, hope to invest in one or two Indian start-up companies every year, senior executives said on Tuesday.

Know About Balanced Advantage Funds?

Know About Balanced Advantage Funds?

Rediff.com24 Jul 2023

Balanced advantage funds have the potential to earn superior risk-adjusted returns for the investor and offer a smoother investment journey.

VC investment in Indian startups plunge 38% in 2022

VC investment in Indian startups plunge 38% in 2022

Rediff.com24 Jan 2023

Venture capital (VC) investments in Indian startups plunged over 38 per cent in 2022 as economic uncertainty and market volatility affected fundraising and investment activities, GlobalData said on Tuesday. In a statement, GlobalData said an analysis of its financial deals database reveals that "a total of 1,726 VC funding deals worth $20.9 billion were announced in India in 2022 compared to 1,715 deals worth $33.8 billion in 2021." "The ongoing economic uncertainty and market volatility continue to affect the fundraising and investment activities in India and subsequently VC investment in the country startups suffered a massive year-on-year 38.2 per cent decline in value terms during 2022," the data and analytics company said.

Why some fund managers have quit their jobs

Why some fund managers have quit their jobs

Rediff.com7 Dec 2017

They are making switch to the high-growth alternative investments fund industry, reports Pavan Burugula.

Dubai centre woos Indian fund houses

Dubai centre woos Indian fund houses

Rediff.com16 Oct 2006

Battle lines are hardening against govt's e-commerce draft

Battle lines are hardening against govt's e-commerce draft

Rediff.com24 Aug 2018

Smaller Singapore- and US-based venture capital funds, retail associations and trader bodies such as the CAIT and SJM are all planning to approach the government to put pressure on the commerce ministry.

Udaan set for IPO as NCLT clears demerger plan

Udaan set for IPO as NCLT clears demerger plan

Rediff.com15 Jan 2025

Udaan, India's largest business-to-business (B2B) e-commerce company, has received approval from the National Company Law Tribunal (NCLT) for its internal corporate restructuring plan, according to sources. By consolidating into a single entity, the restructuring will enhance Udaan's agility and pave the way for various financing options, including the ability to pursue an initial public offering (IPO) in India by 2026, according to people familiar with the matter.

10 BIG IDEAS to wake up Indian entrepreneurs

10 BIG IDEAS to wake up Indian entrepreneurs

Rediff.com4 Jul 2012

According to the author, these ideas will change the way entrepreneurs think and succeed in their ventures.

'Capital goods, real estate will see an uptick in 2022'

'Capital goods, real estate will see an uptick in 2022'

Rediff.com17 Dec 2021

'Indices will remain range bound in 2022 as earnings catch up with the current multiples.'

VCs keen on seed fund to Indian start-ups

VCs keen on seed fund to Indian start-ups

Rediff.com15 Jul 2009

So far, VCs used to fund start-ups which either had product prototypes ready or had some customers on board.

Austrian firm buys Bangalore-based ECAD Tech

Austrian firm buys Bangalore-based ECAD Tech

Rediff.com5 Aug 2005

Austria-based manufacturer of branded circuit boards, Austria Technologie & Systemtechnik AG (AT&S) has acquired ECAD Technologies, a Bangalore-based IT company, for a total consideration of Rs 7.5 crore (Rs 75 million), it was announced on Friday.

A new fintech world is upon us amid funding drought, lower valuations

A new fintech world is upon us amid funding drought, lower valuations

Rediff.com29 May 2023

In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.

Budget 2013: An entrepreneur's open letter to the FM

Budget 2013: An entrepreneur's open letter to the FM

Rediff.com25 Feb 2013

Time has now come for a pathbreaking 'Entrepreneurship Bill' pleads venture capitalist Soumitra Sharma.

PE/VC investments touch all-time high of $9.5 bn in July

PE/VC investments touch all-time high of $9.5 bn in July

Rediff.com16 Aug 2021

Investments by private equity and venture capital funds doubled to a record high of $9.5 billion in July mainly driven by higher investor interest in the e-commerce sector, a report said on Monday. Private equity (PE) and venture capital (VC) investments stood at $4.1 billion in the year-ago period. The activity was higher by 77 per cent when compared to June's $5.4 billion, the report on monthly PE/VC investment activity by industry lobby IVCA and consultancy firm EY said.

Licious eyes IPO in 24 months, 500 stores in five years

Licious eyes IPO in 24 months, 500 stores in five years

Rediff.com2 May 2024

The fresh meat and seafood delivery startup Licious plans to set up 500 stores nationwide within the next five years as part of an omnichannel strategy. The aim is to attract new users in the offline channel and encourage them to transact online as well. The move would also help the company in its efforts to achieve profitability and go for an initial public offering (IPO) in the next 24 months, according to the sources.

Bengaluru outstrips Beijing, Shanghai in tech VC funding in 2021

Bengaluru outstrips Beijing, Shanghai in tech VC funding in 2021

Rediff.com14 Jan 2022

With $18.6 billion in investments, Bengaluru made it to the top-five leading VC funding hubs across the world in 2021 - following San Francisco Bay Area, New York, Greater Boston Region and London. However, it outstripped Beijing ($13.6 billion) and Shanghai ($13.4 billion). Global tech VC investment into start-ups hit a record level of $675 billion in 2021, doubling the previous all-time high of $340.6 billion in 2020, a report by London & Partners and dealroom.co.

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Rediff.com17 Jul 2024

Ola Electric, the SoftBank-backed electric vehicle (EV) maker, is likely to pursue a valuation of approximately $4.5 billion in its upcoming initial public offering (IPO), marking about 18 per cent decrease from its last funding round valuation of around $5.5 billion, according to industry sources. The Bhavish Aggarwal-founded firm aims to file for the IPO by next month, according to people familiar with the matter. "The strategy is to price the IPO attractively for investors, fostering long-term growth and wealth creation," said a source.

Look Who's Following Karan Johar's Footsteps!

Look Who's Following Karan Johar's Footsteps!

Rediff.com20 Nov 2024

Siddharth Roy Kapur's RKF aims to raise around $50 million by offering up to a 50 per cent stake in the company.

'I am addicted to entrepreneurship'

'I am addicted to entrepreneurship'

Rediff.com25 Jan 2024

'We look at the opportunities that are going to come in various fields in the next 5 to 10 years, do some research and come up with business plans.' 'Then, we go and seek out founders who will run the actual business.'

Olympic champ Neeraj turns angel investor

Olympic champ Neeraj turns angel investor

Rediff.com6 Jan 2022

The company, which claims to have an annual revenue rate of US$7 million and is targeting to touch US$35 million in 2022, will also be investing in creator growth and monetisation opportunities.

TiE to bring in VC team

TiE to bring in VC team

Rediff.com16 Dec 2003

Modi 3.0: Focus Shifts To Governance

Modi 3.0: Focus Shifts To Governance

Rediff.com7 Oct 2024

'It would be reasonable to assume that Modi 3.0 would be more focused on projects and schemes which do not require any legislative change or which have the support of its coalition partners,' asserts A K Bhattacharya.

Sebi's order against Prannoy, Radhika Roy in insider trading case dismissed

Sebi's order against Prannoy, Radhika Roy in insider trading case dismissed

Rediff.com5 Oct 2023

The Securities Appellate Tribunal (SAT) on Thursday quashed a Sebi order that barred NDTV founders Prannoy Roy and Radhika Roy from the securities market for two years in an insider trading case. However, the appellate tribunal partly set aside an order against Vikramaditya Chandra, the group's chief executive officer during the relevant period, and remitted the matter back to Sebi to decide the issue. It further said that trades executed by Chandra during PSI-3 (price-sensitive information) are required to be reconsidered, according to the order passed by SAT.

Despite sluggish economy, start-up valuations, funding continue to soar

Despite sluggish economy, start-up valuations, funding continue to soar

Rediff.com3 Oct 2019

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.

Insurance firms shy away from VC funding

Insurance firms shy away from VC funding

Rediff.com3 Jul 2009

One year after the Insurance Regulatory and Development Authority's (Irda) allowed insurance companies to invest in venture capital (VC) funds, no insurer has shown interest in funding VCs.

Former Wipro CEO Abidali Neemuchwala turns investor, joins Dallas Venture

Former Wipro CEO Abidali Neemuchwala turns investor, joins Dallas Venture

Rediff.com15 Sep 2020

As a venture partner, DVP said that Neemuchwala would be bringing deep technology expertise and invaluable experience of building businesses.

Manipal Group chairman Ranjan Pai in talks to invest in Byju's-owned Aakash

Manipal Group chairman Ranjan Pai in talks to invest in Byju's-owned Aakash

Rediff.com2 Aug 2023

Manipal Group chairman Ranjan Pai is in early discussions to invest in Byju's-owned Aakash Educational Services Limited (AESL). According to sources in the know, Byju's founder and chief executive officer Byju Raveendran, who owns a 30 per cent stake in Aakash, is expected to partially offload his holding to Pai for $80-90 million (about Rs 650-740 crore). Raveendran may use the money to repay a large part of the Rs 800 crore loan that Byju's raised from US-based investment firm Davidson Kempner Capital Management in May, after facing a 'technical default', the sources said.

Pvt equity funds boost realty mart

Pvt equity funds boost realty mart

Rediff.com31 Aug 2005

Start-up funding simplified

Start-up funding simplified

Rediff.com27 Jul 2015

Read this and rest assured you can be on your own against venture capitalists and angel investors

AIF commitments jumped 30% to Rs 8.33 trillion in FY23, shows data

AIF commitments jumped 30% to Rs 8.33 trillion in FY23, shows data

Rediff.com17 May 2023

Alternative investment funds (AIFs) - pooled investment vehicles catering to high net worth individuals (HNIs) - saw a 30 per cent increase in investment commitments during financial year 2022-23 (FY23). At the end of March 2023, the total investment commitments raised stood at Rs 8.33 trillion, up Rs 1.92 trillion from Rs 6.41 trillion at the end of March 2022. A commitment is the money clients are willing to put into AIFs.

UTI VF, TDA Capital invest $2.3 mn in RevIT

UTI VF, TDA Capital invest $2.3 mn in RevIT

Rediff.com2 Sep 2003

UTI Venture Funds and TDA Capital Partners have invested $2.3 million for a minority stake in RevIT Systems Private Limited and its subsidiary, Sherpa Business Solutions, a healthcare and publishing BPO company, based in Chennai.

E-retailers stare at bleak funding scenario

E-retailers stare at bleak funding scenario

Rediff.com21 Feb 2013

As funding from foreign private equity and venture capital firms is the lifeline for most online retailers, the restriction on foreign direct investment is threatening to block any fresh investment into the sector.

Fund crunch hits ambitious plans of space start-ups

Fund crunch hits ambitious plans of space start-ups

Rediff.com10 Jan 2018

While Team Indus had backing from Nandan Nilekani, Ratan Tata and Flipkart founders Sachin and Binny Bansal, it could not even muster half of the Rs 4.5 billion it required for the mission to the moon.