News for 'Venture Intelligence'

Is the pace of unicorns in India slowing down?

Is the pace of unicorns in India slowing down?

Rediff.com13 May 2022

The Indian startup ecosystem recently celebrated the 100th unicorn milestone. It came after a month of no big fund announcements. Compare this to 2021, when three to four unicorns were being added every month. Nevertheless, the 100th unicorn needs to be celebrated since the first unicorn was announced in 2011 - 11 years ago.

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.

Tech IPO Boom With Easing Headwinds

Tech IPO Boom With Easing Headwinds

Rediff.com8 Jan 2024

'The success of one or two IPOs does not dictate whether the upcoming IPOs will be successful or not, but it certainly indicates that the markets and investors are enthusiastic about startup IPOs.'

11 PIOs in Forbes's list of best venture capitalists

11 PIOs in Forbes's list of best venture capitalists

Rediff.com26 Mar 2015

Leading the Indian-Americans on the list is 49-year old Aneel Bhusri.

PE, VC investment in education touches $93 mn

PE, VC investment in education touches $93 mn

Rediff.com13 Jul 2011

According to Venture Intelligence, PE/VC investors have already invested $93 million in 10 education companies so far in 2011, led by a Rs 100 crore (about USD 22 million) investment in vocational training and placement firm Teamlease Services.

Revealed: Swiggy, Ola, Flipkart's IPO Plans

Revealed: Swiggy, Ola, Flipkart's IPO Plans

Rediff.com7 Feb 2024

Layoffs, corporate restructuring, governance and most importantly profitability: The 14 Indian startups that plan IPOs this year are pulling out all the stops to ensure successful market debuts.

VC, PE funds raise Rs 28,000 cr in '07

VC, PE funds raise Rs 28,000 cr in '07

Rediff.com16 Apr 2008

If you are an entrepreneur and apprehensive that the global market meltdown will strain your fund-raising plans, fear not. India-focused private equity and venture capital funds raised $7 billion (Rs 27,958 crore) in 2007, excluding real estate, last year. They had garnered a similar amount in the corresponding previous year, according to data from Venture Intelligence, a venture capital research company.

India Inc to see rise in PE deals

India Inc to see rise in PE deals

Rediff.com10 Jul 2008

Corporate India is likely to witness a surge in private equity deals by the last quarter of current fiscal as inflation is likely to cool down and bulls are expected to be back in the stock market, as per PE deal tracker firm Venture Intelligence.

India-focused PE funds raise $3 bn in 6 months

India-focused PE funds raise $3 bn in 6 months

Rediff.com24 Jul 2007

Blue-chip names such as Bessemer Venture Partners, Google, JP Morgan Asset Management are taking strategic bets in the Indian market.

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.

2 Army captains among 4 soldiers killed, 2 injured in Rajouri encounter

2 Army captains among 4 soldiers killed, 2 injured in Rajouri encounter

Rediff.com22 Nov 2023

The fierce gunfight was going on in the area with the induction of more troops to neutralise two terrorists trapped at the spot, they said.

There's no stopping India's start-up juggernaut

There's no stopping India's start-up juggernaut

Rediff.com17 Jun 2021

With 16 start-ups gaining unicorn status in 2021, India's tally has touched the 50 mark. The newest entrant to this list include Pune-based MindTickle, which is close to finalising a $100-million funding round from Softbank's Vision Fund 2, taking the company's valuation to $1.1 billion.

Zuckerberg's new challenge: An artificially intelligent butler!

Zuckerberg's new challenge: An artificially intelligent butler!

Rediff.com4 Jan 2016

Zuckerberg said the AI burtler would look like Jarvis from Hollywood blockbuster film Iron Man

PE investors shy away from clean tech projects

PE investors shy away from clean tech projects

Rediff.com29 Nov 2012

Deals shrink to $396 million this year, compared to $793 million in 2011.

How Smart TV Is Changing India

How Smart TV Is Changing India

Rediff.com23 Feb 2024

The way video is being watched and monetised is changing. This is the first thing that stands out as the penetration of smart TVs continues to rise.

'US-India initiatives will face new scrutiny'

'US-India initiatives will face new scrutiny'

Rediff.com5 Dec 2023

'This incident offers ammunition to those inside the US government and elsewhere who question the wisdom of trusting India, so it will have a lasting consequence no matter how it is managed.'

Wipro to invest $1 bn in AI over 3 years, launches new platform for tech

Wipro to invest $1 bn in AI over 3 years, launches new platform for tech

Rediff.com13 Jul 2023

IT services firm Wipro has launched an artificial intelligence (AI)-first ecosystem that will put the technology in every platform, tool, and solution it uses and offers to clients. Along with the launch of Wipro ai360, the company committed to invest $1 billion to advance AI capabilities in the next three years. Wipro ai360, fuelled by this new investment, will help in a new era of value, productivity, and commercial opportunities through the application of AI and generative AI, said the company.

IT sector attracts $87 mn VC investments in Q1

IT sector attracts $87 mn VC investments in Q1

Rediff.com13 May 2008

During the quarter, venture capital firms have invested $144 million through 21 deals, a sharp decline compared to the corresponding period previous year which had recorded 28 deals worth $173 million. The maximum VC investment was attracted by online travel portal Cleartrip.com of about $18.5 million from DAG Ventures.

PE Big Bang: Record $8.2 bn investment in April-June

PE Big Bang: Record $8.2 bn investment in April-June

Rediff.com3 Jul 2018

While 2017 was a record year for private equity investments in India after $23.5 billion in 660 deals, 2018 too has begun with a bang.

Murthy flags fake news about him; cautions public

Murthy flags fake news about him; cautions public

Rediff.com14 Dec 2023

Infosys co-founder NR Narayana Murthy on Thursday called out "fake news items", which claimed he endorsed automated trading applications and warned the public not to fall for such fraudulent claims. He also slammed "fake interviews" that used "deepfake pictures and videos" of him. In a series of posts on X, Murthy drew the attention of the public to false content being put out by malicious sites and products or services being sold fraudulently using his name and urged people to report any such instances to the concerned regulatory authorities.

Can India Create Multi Language AI Like Chat GPT?

Can India Create Multi Language AI Like Chat GPT?

Rediff.com8 Jan 2024

Creating an LLM trained on Indian languages is not easy. Experts say each language in India has a nuance of its own, so creating a ChatGPT-like product is an ambitious challenge.

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

PE firms invested $8.9 bn in India in 2012

PE firms invested $8.9 bn in India in 2012

Rediff.com31 Dec 2012

According to Venture Intelligence, a research service focused on private company transactions, PE firms invested $8,853 million this year, compared to the $10,378 million across 483 deals a year ago.

PE investment in India at $3.3 bn in January-March

PE investment in India at $3.3 bn in January-March

Rediff.com7 Apr 2011

Private equity investments in the January-March quarter of the 2011 calendar year were about 57 per cent higher than the $ 2.1 billion worth of PE investment registered in the year ago period and more than double October-December's $1.5 billion, according to data provider Venture Intelligence.

PE firms invest $2.5 bn in Jul-Sep

PE firms invest $2.5 bn in Jul-Sep

Rediff.com19 Nov 2012

According to the PwC MoneyTree India report, a quarterly study of private equity investment activity based on data by Venture Intelligence, private equity PE firms invested $2.5 billion across 97 deals in Q3 of 2012, against USD 2.4 billion from 121 deals a year ago.

Wipro to invest in robotics, artificial intelligence

Wipro to invest in robotics, artificial intelligence

Rediff.com7 Sep 2014

Company identifies areas like cognitive technologies, artificial intelligence, man-machine interface, robotics

Private equity investments in India touch $6.3 bn

Private equity investments in India touch $6.3 bn

Rediff.com8 Jul 2011

In the April-June quarter this year USD 2,916 million was invested across 112 deals, while last quarter saw an infusion of USD 3,361 million across 91 deals, according to a study by Venture Intelligence, a research service focused on Private Equity and M&A transaction activity in the country.

Reliance partners Brookfield for India data centre business

Reliance partners Brookfield for India data centre business

Rediff.com24 Jul 2023

Reliance Industries Ltd on Monday announced an agreement to invest alongside Brookfield Infrastructure and Digital Realty in special purpose vehicles developing data centres in India. Reliance will hold a 33.33 per cent stake in each of the five Indian special purpose vehicles and become an equal partner, the company said in a statement. Digital Realty Trust, Inc is the largest provider of cloud and carrier-neutral data centre, colocation and interconnection solutions globally with 300+ data centres across 27 countries.

PE, VC investments in healthcare dip

PE, VC investments in healthcare dip

Rediff.com15 Jul 2009

Investment by PEs into HLS sector dropped to $203 million in 2008-09 from $836 million in 2007-08, while the number of deals dropped 51 per cent to 21 from 43 deals. Similarly, VC investments also declined to $48 million from $80 million. In terms of deals, they dropped to 11 from 14.

PE deals rise to $2 bn in Q1

PE deals rise to $2 bn in Q1

Rediff.com6 Apr 2010

Private equity investments in India have touched an over one-year high of $2 billion in the January-March quarter of 2010, an increase of 19 per cent over the previous quarter. Private equity firms invested about $2 billion across 56 deals during the quarter ended March 2010.

Deal size surges as risk appetite is back

Deal size surges as risk appetite is back

Rediff.com19 May 2010

The average deal size has gone up from $7 million in 2009 to $12 million this year.

M&A activity declines 60% during Q1 2009

M&A activity declines 60% during Q1 2009

Rediff.com20 Apr 2009

India's merger and acquisition scene for the first quarter of 2009 has been dismissal. Indian companies were involved in a total of 54 deals for this quarter--that is a decline of 60 per cent year-on-year and about 40 per cent drop on a sequential basis--says a Venture Intelligence report.

PE investments fall to $4 bn in 2009

PE investments fall to $4 bn in 2009

Rediff.com11 Jan 2010

Difficult fund raising conditions slowed the pace of private equity (PE) investments in the country by 64 per cent to a four-year low of $3.8 billion in 2009.

PE funds on a buyout binge

PE funds on a buyout binge

Rediff.com9 Dec 2006

According to Venture Intelligence, a research service focused on private equity (PE) and venture capital activity, the first nine months of 2006 have witnessed eight buyouts by PE investors, compared with six in the entire 2005 and just two in 2004.

The Marvels Review: Goofy Fun

The Marvels Review: Goofy Fun

Rediff.com10 Nov 2023

The Marvels is a muddled effort, but it still stands up as this refreshingly goofy and enjoyable superhero romp, notes Mayur Sanap.

India set to have 150 unicorns by 2025

India set to have 150 unicorns by 2025

Rediff.com2 Mar 2021

$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.

Crypto unicorn CoinSwitch lays off 44 employees citing role redundancy

Crypto unicorn CoinSwitch lays off 44 employees citing role redundancy

Rediff.com30 Aug 2023

The move comes barely a week after fellow crypto unicorn CoinDCX laid off 12 per cent of its workforce - an estimated 80 employees - amid challenging macroeconomic conditions and regulatory uncertainty in the sector. CoinSwitch has 519 employees, according to its LinkedIn profile. This means around 8 per cent of its workforce were shown the door.

PE deals cross $3 bn

PE deals cross $3 bn

Rediff.com8 Apr 2008

Private equity deals in Jan-Mar 2008 touched $3.3 bn, higher than the year-ago period, which registered 101 deals fetching $2.7 bn, according to the data released by Venture Intelligence, a private equity research company. $3.3 bn mopped up through 97 private equity deals in the Mar 2008 quarter were lower than 131 deals totalling $5 bn in the preceding Dec 2007 quarter. Volatility in the secondary market injected a dose of caution on the Private Investments in Public front.

US continues to be biggest source of VC investment in India

US continues to be biggest source of VC investment in India

Rediff.com25 Sep 2020

Nearly half of the investments by various US-based investors have been made in Reliance subsidiary Jio.

Zepto 'in talks' to raise funding, may become India's 1st unicorn this year

Zepto 'in talks' to raise funding, may become India's 1st unicorn this year

Rediff.com13 Jul 2023

India may get its first unicorn this year as Zepto, which promises 10-minute deliveries, is in talks to get fresh funding that would take the start-up's valuation past $1 billion. The quick-delivery firm is looking to raise $150 million in a series E round, which will take its valuation to $1.3 billion. The round will be led by StepStone Group, a limited partner (LP) of Zepto's existing investor, Nexus Venture Partners, said media reports.