News for 'Venture Capital Funds'

Zoho looks to compete with Microsoft, Google in India

Zoho looks to compete with Microsoft, Google in India

Rediff.com20 Nov 2014

In the US, Zoho gets close to 80 per cent of its revenue from small companies, while the remaining comes from large ones.

The demonetization month in numbers

The demonetization month in numbers

Rediff.com19 Dec 2016

Private equity and VC investments declined by 50 per cent. E-commerce deals lowest in value, volume in over 24 months. T E Narasimhan decodes the new EY report.

Shopping: It's no longer about offline or online

Shopping: It's no longer about offline or online

Rediff.com23 Jun 2017

Companies like Ace Turtle are helping brands enable omni-channel retail, bridging the offline and online gap. Abhishek Jejani reports.

Reliance buys controlling stake in Just Dial for Rs 3497 cr

Reliance buys controlling stake in Just Dial for Rs 3497 cr

Rediff.com16 Jul 2021

RRVL will make an open offer to acquire up to an additional 2.17 crore equity shares of Just Dial, representing 26 per cent stake, in accordance with Sebi Takeover Regulations, a regulatory filing said.

Zuckerberg invests $50 mn in Bengaluru firm

Zuckerberg invests $50 mn in Bengaluru firm

Rediff.com9 Sep 2016

This is the first investment in Asia from the Chan Zuckerberg Initiative, which was founded by Zuckerberg and his wife Priscilla Chan

What do Mukesh Ambani and Ramdev have in common?

What do Mukesh Ambani and Ramdev have in common?

Rediff.com27 Jul 2018

Apply the 'insurgent' tests on what Ambani, Ramdev and Agarwal have done of late, and you will start seeing the similarities rather than obvious differences of industry, upbringing or social station, says Shailesh Dobhal.

Gujarat provides best ecosystem for start-ups

Gujarat provides best ecosystem for start-ups

Rediff.com11 Sep 2020

Commerce and Industry Minister Piyush Goyal urged start-ups to focus on three Ps - product, process, people - for building Aatmnirbhar Bharat.

Twitter replaces CFO Mike Gupta

Twitter replaces CFO Mike Gupta

Rediff.com2 Jul 2014

Twitter Inc named Anthony Noto as CFO, putting the well-regarded former Goldman Sachs executive who led its successful November IPO in charge of finances.

To scale up, Tata Steel goes the start-up route

To scale up, Tata Steel goes the start-up route

Rediff.com10 Jan 2017

The idea is to create a start-up-like activity with a small business unit.

World's first diamond trading exchange going live from today

World's first diamond trading exchange going live from today

Rediff.com5 May 2016

This could change the way diamonds are traded.

Jio's game plan: Make India '2G-mukt' and '5G-yukt'

Jio's game plan: Make India '2G-mukt' and '5G-yukt'

Rediff.com24 Jun 2021

Reliance Jio, together with partners, has tested its 5G solutions in India, successfully demonstrating speeds of over 1 GBPS, and its 'Made in India' solution is "globally competitive", RIL chairman Mukesh Ambani said on Thursday. Ambani also exuded confidence that the company will be the first to launch full-fledged 5G services in the country. Jio is not just working to make India '2G-mukt' (free from 2G) but also '5G-yukt' (5G empowered), he added. Jio's engineers have developed a 100 per cent home-grown and comprehensive 5G solution that is fully cloud native, software defined, and digitally managed.

Troubled times ahead for India's e-commerce start-ups

Troubled times ahead for India's e-commerce start-ups

Rediff.com10 Mar 2016

Morgan Stanley writing down its investment in the e-commerce leader by 27 per cent does not augur well for the sector.

Mandavia to focus on regional airline post Jet flyaway

Mandavia to focus on regional airline post Jet flyaway

Rediff.com26 Oct 2020

The pilot-turned-airline owner and his partner Biraja Jena plan to launch FlyBig, which has secured 16 routes under the fourth phase of UDAN, the government's regional connectivity programme.

Nasscom moots for technology entrepreneurship mission

Nasscom moots for technology entrepreneurship mission

Rediff.com8 Jun 2014

Nasscom has identified 4-5 different areas and is taking these recommendations to the government.

PE investing: Look before you leap

PE investing: Look before you leap

Rediff.com12 Nov 2018

Before committing your precious money in PE funds, investors need to get very choosy, advises Ramesh Bukka, co-founder and director, Entrust Family Office Investment Advisors.

SoftBank may put more money into Snapdeal

SoftBank may put more money into Snapdeal

Rediff.com16 Apr 2015

Snapdeal has been on the deal street for raising fresh funds in order to muscle up for the growing competition in e-commerce.

Do you know the highest salary of an IIM-Ahmedabad grad this year?

Do you know the highest salary of an IIM-Ahmedabad grad this year?

Rediff.com20 Sep 2018

IIM-A saw 36 per cent jump in maximum domestic salary in 2018 placements this year.

$1.3-billion Swiggy is India's most valuable online food ordering platform

$1.3-billion Swiggy is India's most valuable online food ordering platform

Rediff.com22 Jun 2018

Swiggy is shoring up capital to defend its position as India's largest food-ordering app as rivals Zomato and FoodPanda focus on growth after receiving funds

Jhunjhunwala-backed Akasa Air to start flying from 2022

Jhunjhunwala-backed Akasa Air to start flying from 2022

Rediff.com12 Oct 2021

In the season of aviation action, Rakesh Jhunjhunwala-backed Akasa Air has secured the crucial no-objection certificate (NoC) from the civil aviation ministry. It expects to start operations next summer. The airline will now have to apply for the Directorate General of Civil Aviation for operations permit. Aviation sector has been in the limelight with the Tata Group winning the Air India bid last week.

How Lenskart is defying the start-up trend

How Lenskart is defying the start-up trend

Rediff.com23 May 2016

The eyewear market in India is worth $3 billion.

Rahul Bajaj, World's Favourite Indian

Rahul Bajaj, World's Favourite Indian

Rediff.com12 Apr 2022

'Rahul inspired Indian industry with an ethos, an ethos of being more confident, more independent, more thorough, more competitive, more generous, more public-spirited, and more national and more international all at once,' remembers Naushad Forbes.

BigBasket co-founder Abhinay Choudhari plans to build new business

BigBasket co-founder Abhinay Choudhari plans to build new business

Rediff.com12 Aug 2021

BigBasket co-founder Abhinay Choudhari has exited the company, and in his next entrepreneurial journey, he is looking to "solve another equally painful chore for many Indian households" after grocery shopping. The Tata group acquired a majority stake in the online grocery store in May. And when the deal happened, Choudhari decided he won't continue to be part of the management team.

Tata chief on challenges to creating more jobs

Tata chief on challenges to creating more jobs

Rediff.com6 Feb 2019

The problem, says Chandrasekaran, arises from the lack of access to services, including healthcare, education and financial services.

Selfless, faceless civil servants and their truly heroic acts

Selfless, faceless civil servants and their truly heroic acts

Rediff.com20 Feb 2019

Enabling the online booking and payment for Indian Railway tickets is one such case. Amitabh Pandey's book is about how he went about enthusing teams inside the Indian Railways and facilitating online reservations, says Ajit Balakrishnan.

A start-up by IIM, IIT grads to quickly deliver food from restaurants!

A start-up by IIM, IIT grads to quickly deliver food from restaurants!

Rediff.com7 Jul 2015

Swiggy, a Bengaluru-based food ordering and delivery start-up, says it aims to revolutionise this segment.

Mallya may now be evicted from his London house

Mallya may now be evicted from his London house

Rediff.com18 Jan 2022

Embattled businessman Vijay Mallya on Tuesday lost a legal battle to hold on to his plush London home after a British court refused to grant him a stay of enforcement in a long-running dispute with Swiss bank UBS. The 18/19 Cornwall Terrace luxury apartment overlooking Regent's Park in London, described in court as an "extraordinarily valuable property worth many tens of millions of pounds", is currently being occupied by Mallya's 95-year-old mother Lalitha. Delivering his judgment virtually for the Chancery Division of the High Court, Deputy Master Matthew Marsh concluded there were no grounds for him to grant further time for the Mallya family to repay a 20.4-million loan to UBS - the claimant in the case.

Indian start-ups get back to basics

Indian start-ups get back to basics

Rediff.com7 Mar 2016

Start-ups have begun looking at ways to conserve cash.

Ban on Chinese apps: Will Indian players' dream run continue?

Ban on Chinese apps: Will Indian players' dream run continue?

Rediff.com2 Jul 2020

The idea behind starting Chingari is not to build a TikTok clone but to position itself as a super app for India like WeChat.

Bloodbath over, food apps are hungry for success

Bloodbath over, food apps are hungry for success

Rediff.com14 Jun 2017

After a recent spate of big-bang funding of food discovery and delivery apps, experts believe the sector's consolidation might be over and the remaining players are here to stay and thrive.

'Introduce another slab to tax the super-rich'

'Introduce another slab to tax the super-rich'

Rediff.com21 Feb 2022

'We can go somewhere between 35 per cent and 40 per cent.'

Why India's asset monetisation dream may be hard to achieve

Why India's asset monetisation dream may be hard to achieve

Rediff.com22 Sep 2021

India was among the top-five economies with the largest general government capital stock level, said, in 2015, an International Monetary Fund report called "Making Public Investment More Efficient". The report fuelled a debate on countries sitting on piles of cash that could be used better. India was believed to have public assets worth $4.5 trillion. The report urged countries to start asset recycling. Six years after the report, Australia's success in asset recycling has turned India into a believer; despite doing averagely in its previous efforts on roads, railways or meeting its divestment targets.

New regulator to monitor crowdfunding likely

New regulator to monitor crowdfunding likely

Rediff.com29 May 2018

Currently, most crowdfunding platforms neither operate with proper authorisation nor are governed under any law.

Indian wealth managers rush in as foreign players exit

Indian wealth managers rush in as foreign players exit

Rediff.com25 Feb 2016

Experts say a lot of new wealth is being generated by promoters selling their stake.

Tatas, Birlas, Ambanis take discount e-tailers head on

Tatas, Birlas, Ambanis take discount e-tailers head on

Rediff.com28 Oct 2015

VCs have been especially bullish about India.

The Next Big Business Idea

The Next Big Business Idea

Rediff.com12 Jan 2007

In a world awash with capital everyone is out hunting for the next Big Business Idea.

University ranking sweepstakes

University ranking sweepstakes

Rediff.com25 Oct 2019

Should we really pay attention to them, asks Ajit Balakrishnan.

Why public sector companies are unable to attract talent for higher posts

Why public sector companies are unable to attract talent for higher posts

Rediff.com18 Sep 2022

Earlier this year, the Union Cabinet gave the management of state-run companies the freedom to decide on divesting their subsidiaries. However, the very next day a meeting was held at the top level of the Government of India, for the presentation of proposals for more autonomy for state-run companies. Interestingly, no chiefs of any of these companies were invited. It is a problem that will stare the government in the face with the state-owned banks too, as talks have again begun for inviting strategic investments in these companies.

Chinese app ban: Indian start-ups face a major hurdle

Chinese app ban: Indian start-ups face a major hurdle

Rediff.com2 Jul 2020

According to experts, the banning of the apps has created negative sentiments and reduced the confidence among the Chinese investors to invest in India.

What makes Essar steel sector's comeback kid

What makes Essar steel sector's comeback kid

Rediff.com21 Jun 2022

Apart from being the most successful cases under the IBC, Bhushan Steel and Essar Steel are among the best steel assets in the country. They also ended up helping their lenders get back a significant chunk of the money while allowing Tata Steel to consolidate its position and giving the world's two largest steel makers - ArcelorMittal and Nippon Steel - a strong foothold in India. A significant contrast was the pace at which these two cases were resolved under the bankruptcy code. In the annals of the Insolvency and Bankruptcy Code (IBC), Essar Steel may go down in history as the most noticeable resolution with the world's largest steelmaker, ArcelorMittal, and the incumbent, Ruia family, locked in an intense battle spanning more than two years and ultimately resulting in full recovery of the principal amount for the financial creditors.

RedBus eyes $20 mn via PE route

RedBus eyes $20 mn via PE route

Rediff.com21 Feb 2013

The company, started by three BITS Pilani graduates in 2005, could be planning to aggressively scale up its business to tap the untapped potential that the bus-booking service offers in India.