'Given that debt AIFs, by nature, target a higher portfolio return, it is likely to attract investors like HNIs, family offices, etc, looking for a higher yield debt product.'
Alternative Investment Fund refers to any fund established or incorporated in India which is a privately pooled investment vehicle that collects funds from sophisticated investors, whether Indian or foreign.
The automobile services segment, from radio taxi services to used cars, is seeing increased interest from venture capital (VC) investors.
Venture capitalists invested more than $400 million in India so far this year and the VC funding sector was all set to witness a positive growth in 2003, after significant decline in the previous two years, a top industry expert said in Bangalore.
The public sector behemoth is looking at forming joint ventures with states.
The initiative is being undertaken by the government of Karnataka, considered one of the leaders in the technology space. Currently, India doesn't have such a platform and, globally, there are very few privately-run platforms.
Keen to back start-ups while they are half-unicorns, SoftBank plans to invest $100 million in a firm with $500-million valuation.
Nearly half of the investments by various US-based investors have been made in Reliance subsidiary Jio.
When Vineet Mittal first got into solar power, sometime around 2009, and was planting solar panels in Gujarat, renewable energy looked like a sector ripe for startups. Renewables were clearly the future of energy, and the big boys - Mukesh Ambani's Reliance, Adani Group, and the Tatas - were focusing much more on coal and petroleum. Little did Mittal know that things were going to change drastically.
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.
The time is ripe for a merger of eight fund houses indirectly owned and controlled by the central government, says N Sundaresha Subramanian.
With a budget of Rs 60 crore, Business Blasters, which is part of the Delhi government's Entrepreneurship Mindset curriculum, aims to nurture entrepreneurial skills among students, including taking calculated risks and bouncing back from failure.
An Extraordinary General Meeting (EGM) of Byju's shareholders got underway on Friday to vote on a resolution brought by some investors to ouster founder CEO Byju Raveendran and his family over alleged "mismanagement and failures". Raveendran and his family stayed away from the EGM, calling it "procedurally invalid."
Sayre Therapeutics aims for a spot among top 5 players in oncology.
In the start-up world, hitting the $1-billion mark, which accords the "Unicorn" tag, is a milestone. Enterprises typically reach the milestone only by series C or series D, or three to four funding rounds later. Zeta achieved it at the first one. On May 25, the six-year-old banking tech firm raised $250 million from Japanese conglomerate SoftBank, at a post-money valuation of $1.45 billion. "This is the first time we have raised institutional money," Zeta co-founder Bhavin Turakhia beamed on the conference call. This trajectory is uncommon in start-ups.
The exports in 2022-2023 was $79 billion, compared to imports of $50 billion.
Bonuses are typically commensurate with deal activity in any given year. Investment banks, on average, pocket 2-3 per cent as fees for managing an IPO and 1.5-2 per cent for handling QIPs.
ED team managed to get several bank statements from Barbados, Dubai, Hong Kong etc. which prove vital overseas link and money trail relating to Nirav Modi and his aides.
The growing mismatch between Go First's losses and other group companies' profits was making it tough for the group to fund the losses of the airline venture.
Perhaps, the most misunderstood aspect is the role of the state.
As much as 35 per cent to 40 per cent of all vehicles sold in the country across segments will be electric by 2030, up from a mere 2 per cent this year, says a Bain & Co report released today. This translates to 14-16 million new electric vehicles (EVs) selling in a year. The inflexion point, which is now being seen month on month in many segments (such as two-wheelers which hit around 4-5 per cent in December), will be more than visible in 2026, when 4-5 million EVs across segments are expected to be sold, accounting for 15-20 per cent of the total sales, says the report.
Many believe he would soon start a new venture.
At present, the EPFO is mandated to invest 20-45 per cent of its incremental funds - of around Rs 1.5 trillion - in debt-related instruments.
Who invested how much into Flipkart in its latest round of $1 billion funding? Vicky Nanjappa/Rediff.com finds out.
After a subdued year, the investors and market experts are expecting the PE and VC investments to pick up next year as raising debts have become costlier and IPOs are not finding any takers and the dampened investor sentiments might finally start improving on the back of efforts made by the government. At the same time, VC investments into Indian firms have declined to $733 million with 122 deals so far this year, from 142 deals worth $874 million in 2007.
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.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Sebi wants angel networks to follow public and private placement norms
In the US someone with a promising technology idea can easily get access to financial backing, and this is precisely what has been missing in India's innovation landscape.
Most players are looking to invest anywhere between $500 million and $1 billion in new ventures in the next couple of years, said experts on this segment.
A steady demand environment, prudent debt management and faster absorption of office space gave them an edge over others.
Company to invest in 30 companies in the next three months and wants a portfolio of 70 firms by the end of FY17
Business success often involves a combination of planning, implementation, and continuous learning, says rediffGURU Harsh Bharwani.
Nearly 150 companies visited the campus this year.
Since the Centre tightened the Press Note 3 norms in April last, as many as 150 private equity/venture capital investment applications from China and Hong Kong are pending with the government, starving the country's start-up ecosystem of funds, says a report. The Press Note 3 (PN3) changes were effected in April, restricting foreign direct investment from countries that share land borders with India. Analysts are of the view that the move was primarily aimed at China as lot of private funds were investing billions into domestic companies.
Bootstrapping has put Nithin Kamath of Zerodha in a position where he can trifle with talk about valuation, points out Suveen Sinha.
IT consulting and services provider Patni Computer Systems Ltd on Tuesday announced the appointment of Loek van den Boog as an independent director on its board.
