News for 'Venture Intelligence'

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.'

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 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-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.'

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.

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.

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 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.

'India is the best place globally for ventures over next couple of decades'

'India is the best place globally for ventures over next couple of decades'

Rediff.com7 Feb 2017

In an interview with Ranju Sarkar, the founders of Stellaris Venture Partners -- Ritesh Banglani, Alok Goyal and Rahul Chowdhri -- share discuss their unique founder network and why they are bullish on India.

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.

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.

Tiger Global and SoftBank trim investments in India by over a third in 2022

Tiger Global and SoftBank trim investments in India by over a third in 2022

Rediff.com2 Aug 2022

US hedge fund Tiger Global and Japanese investment giant SoftBank have trimmed their investments in Indian start-ups by over a third - from $3.8 billion in the second half of 2021 to a mere $1.08 billion in H1 2022, according to data from Venture Intelligence. While SoftBank's investments in India dropped from $1.9 billion in H2 2021 by more than a fifth to only $0.33 billion in H1 2022, that of Tiger Global fell from $1.92 to $0.74 billion in the same period. Private equity (PE) fund trackers point out that this year most of the deals that Tiger Global has invested in are in the early stage (up to series D), and only a few are in the series E and above.

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.

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.

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.

No thaw seen in start-up funding winter despite 231 deals this year

No thaw seen in start-up funding winter despite 231 deals this year

Rediff.com30 Mar 2023

For a segment that thrives on promise more than performance, the country's start-up ecosystem is refusing to get carried away by the funding this calendar year. This has created the highest level of uninvested venture capital in seven years as investors wait for corrections in the working and - more importantly - valuation of start-ups while looking for cockroaches instead of unicorns. "Investors are now keen to invest in companies that have good top and bottom lines.

Khalistani terrorist Paramjit Panjwar shot dead in Lahore

Khalistani terrorist Paramjit Panjwar shot dead in Lahore

Rediff.com6 May 2023

Panjwar, 63 was involved in drug and weapons smuggling and was designated as a terrorist under the Unlawful Activities (Prevention) Act in July 2020.

Army rounds up 25 miscreants with arms in Manipur

Army rounds up 25 miscreants with arms in Manipur

Rediff.com29 May 2023

At least 25 miscreants with arms, ammunition and grenades have been rounded up by Indian Army and paramilitary forces across ethnic-strife riven Manipur, officials said on Monday.

Big Tech invests $1.82 bn in Indian startups so far this year

Big Tech invests $1.82 bn in Indian startups so far this year

Rediff.com8 Nov 2021

Their startup investments number 13 so far, compared to 17 deals in 2020.

Rajasthan bandh called over Karni Sena chief's murder; guv dials Shah

Rajasthan bandh called over Karni Sena chief's murder; guv dials Shah

Rediff.com7 Dec 2023

Gogamedi, the chief of Rashtriya Rajput Karni Sena, was shot dead in Jaipur on Tuesday by unidentified bike-borne criminals.

Saluting P V Narasimha Rao For 1991!

Saluting P V Narasimha Rao For 1991!

Rediff.com19 Feb 2024

It is thanks to the policy of liberalisation conceived by Manmohan Singh and enforced by P V Narasimha that the Indian economy has now become the world's 5th largest economy by nominal GDP, asserts Dr Sudhir Bisht.

Will Jio MF Disrupt MF Business?

Will Jio MF Disrupt MF Business?

Rediff.com21 Aug 2023

While Jio MF will undoubtedly grow in size, it will have to cross multiple hurdles even to emerge as the market leader, observes Debashis Basu.

Investors are betting big on India's education sector

Investors are betting big on India's education sector

Rediff.com15 Sep 2020

The pandemic has confined students across all ages to home and digital education is the only way to continue learning.

Invest in logistics stocks, but selectively

Invest in logistics stocks, but selectively

Rediff.com27 Apr 2023

Logistic players have seen a sharp correction at the bourses over the past six months as intense competition from new-age-tech startups, higher freight rates, and weak macros dented listed players' growth outlook. Analysts warn that the emergence of tech-based startups could weigh on organised players' profit-pool, and can potentially erode their market share. Thus, a stock-specific strategy would be prudent at this juncture with focus on companies that are rapidly innovating and investing in technology.

50 more start-ups likely to join unicorn club in year or two

50 more start-ups likely to join unicorn club in year or two

Rediff.com20 Apr 2021

There seems to be no dearth of funds to fuel this growth, report Peerzada Abrar and Shivani Shinde.

Narayana Murthy's Catamaran aims to double AUM to $2 billion in 5 yrs

Narayana Murthy's Catamaran aims to double AUM to $2 billion in 5 yrs

Rediff.com31 Jul 2023

Catamaran, the family office of Infosys founder Narayana Murthy, is targeting 15 per cent returns on its portfolio investments per annum as it shifts focus from early-stage investments to growth and late-stage bets. This would double the firm's assets under management (AUM) from the current $1 billion to $2 billion over the next five years. "For direct investments, we are focusing on growth-stage investments and very selectively on early stage," Deepak Padaki, president, Catamaran, told Business Standard. "(This is) primarily because the early-stage space in India, in the last three-four years, has completely changed. "There has been a huge influx of capital in the last two years. It has become a very crowded space for early-stage investment," he said.

Tides turning for India's startups?

Tides turning for India's startups?

Rediff.com3 Oct 2023

The recovering valuations, will lead to enhanced optimism among investors about funding startups.

PE/VC investments into India from China, Hong Kong fall 72% in CY20

PE/VC investments into India from China, Hong Kong fall 72% in CY20

Rediff.com30 Dec 2020

The new PN3 norms and lack of clarity on what constitutes beneficial ownership are the primary reasons for the decline in investments from China and Hong Kong.

How India Can Rival China As Production Platform

How India Can Rival China As Production Platform

Rediff.com28 Jul 2023

We have the workforce, now we need to ensure that we take full advantage of game-changing technologies and geopolitical openings, suggests Jayant Sinha, chairman, Parliament's Standing Committee on Finance.