News for 'Venture and Capital'

PE/VC investments drop by 35% in April at $4.4 bn

PE/VC investments drop by 35% in April at $4.4 bn

Rediff.com23 May 2024

Investments by private equity and venture capital funds declined by 35 per cent to $4.4 billion in April compared with $6.8 billion in the year-ago period, a report said on Thursday. The number of deals in April stood at 98, which was 56 per cent higher than the year-ago period, the report by EY, a consultancy firm, and industry lobby grouping IVCA said.

IPO-bound startups find favour with investors amid funding resurgence

IPO-bound startups find favour with investors amid funding resurgence

Rediff.com26 Jun 2024

The tide of startup-funding is turning in India, with a rising trend of overall funding while the deal sizes grow bigger. However, the spotlight now is on late-stage startups, many of which are seen to be headed for initial public offerings (IPOs). Record surge in stock markets and consistently improving performances of listed startups are understood to have turned the sentiment for the better, especially for those that exhibit a clear path to an IPO.

Budget plans to complete 1 lakh homes in stalled projects

Budget plans to complete 1 lakh homes in stalled projects

Rediff.com2 Feb 2025

Union Finance Minister Nirmala Sitharaman on Saturday announced a fresh Rs 15,000 crore 'SWAMIH Fund' for completion of 1 lakh units in stalled housing projects across various cities, a move aimed at providing relief to distressed homebuyers whose investments are stuck. In November 2019, the Centre announced a stress fund named 'Special Window for Affordable and Mid-Income Housing' (SWAMIH), to complete stalled housing projects across India.

Starlink deal: What it actually means for Airtel, RIL

Starlink deal: What it actually means for Airtel, RIL

Rediff.com14 Mar 2025

India's biggest telecom players, Bharti Airtel and Reliance Industries-backed Jio Platforms, will soon bring billionaire Elon Musk-led SpaceX's Starlink satellite services to India. According to analysts, the move could boost India's tele density, especially in the rural areas, and may be an opportunity for investors to add the two stocks on dips for long-term gains

'No Sunset Clause For Old Tax Regime'

'No Sunset Clause For Old Tax Regime'

Rediff.com25 Jul 2024

'We have now drastically simplified it, primarily to two rates in long-term capital gains: 20% and the applicable rates. Similarly, in short-term capital gains.' 'For listed shares, there is a slight increase, but for unlisted shares, where indexation benefits are removed, there is a reduction in rates, benefiting unlisted companies, venture capital firms, etc.' 'Similarly, in real estate, wherever returns are higher, the new structure is beneficial. In very few cases, returns are lower, and those are more of an exception.'

'It's Like Being Handed A Formula 1 Race Car, But Choosing To Walk'

'It's Like Being Handed A Formula 1 Race Car, But Choosing To Walk'

Rediff.com25 Feb 2025

'The choice is clear: We either embrace this transformation and cement our global leadership, or hesitate, lose ground, and fade into irrelevance.'

What Will FM's Budget Speech Focus On?

What Will FM's Budget Speech Focus On?

Rediff.com30 Jan 2025

The finance minister, in her Budget speech, should focus more on what she is directly responsible for, rather than on programmes where her role is largely supportive, notes Nitin Desai.

Norwest Venture raises $650 million

Norwest Venture raises $650 million

Rediff.com19 Apr 2006

Global technology venture capital firm Norwest Venture Partners, has announced the formation of $650 million fund.

Vande Bharat All Set For The Mountains

Vande Bharat All Set For The Mountains

Rediff.com9 Jan 2025

The new Vande Bharat Express train is specially designed to operate seamlessly in Jammu & Kashmir's challenging winter conditions for the upcoming Katra-Srinagar rail route.

Future Ventures to hit markets soon: Biyani

Future Ventures to hit markets soon: Biyani

Rediff.com9 Aug 2010

Kishore Biyani-promoted Future group's venture capital arm, Future Ventures, has revived its plans to hit the capital market and will be initiating listing formalities by filing a prospectus with market regulator Sebi on Wednesday.

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.'

Weak earnings, slow execution play spoilsport for Power Grid Corp

Weak earnings, slow execution play spoilsport for Power Grid Corp

Rediff.com18 Feb 2025

Power Grid Corporation of India's (PWGR's) Q3FY25 revenue declined 3 per cent year-on-year (Y-o-Y) to Rs 11,200 crore, with operating profit falling 7 per cent Y-o-Y to Rs 9,500 crore and margin contracting to 85 per cent from 91 per cent Y-o-Y. Other income surged 89 per cent Y-o-Y to Rs 500 crore, but regulatory income dropped 62 per cent Y-o-Y to Rs 42.5 crore.

'Ravan Bhakt', 'Ghoshna Mantri': Slangs heat up Delhi poll

'Ravan Bhakt', 'Ghoshna Mantri': Slangs heat up Delhi poll

Rediff.com25 Jan 2025

The upcoming Delhi Assembly elections have turned into a fierce battleground of slogans, one-liners, and AI-generated memes between the three main contenders: AAP, BJP, and Congress. From the AAP branding the BJP as the "Bharatiya Jhootha Party" (Indian Liar Party) to Prime Minister Narendra Modi calling the AAP "AAP-Daa" (disaster), the war of words has taken center stage. With the poll results set to be announced on February 8, the elections are being viewed as a referendum on the AAP's governance model, which emphasizes free welfare schemes. The ruling party faces stiff competition from a resurgent BJP that is seeking to return to power in the capital after a gap of more than 25 years. The Congress, although a long shot, hopes to regain its lost ground.

Make Tax Officials Accountable!

Make Tax Officials Accountable!

Rediff.com23 Aug 2024

'Tax officials view most taxpayers as evaders.' 'The I-T department has a perverse incentive to raise unreasonable demands since the one-fifth tax collected counts towards officials' collection targets,' observes Harsh Roongta.

ICICI Venture buys Ranbaxy business

ICICI Venture buys Ranbaxy business

Rediff.com18 May 2005

Strategic pacts reshape energy turf

Strategic pacts reshape energy turf

Rediff.com13 Feb 2025

Leading oil companies dedicated the second day of India Energy Week (IEW) 2025 to announcing strategic deals and business agreements across the supply chain - from sourcing more crude oil supply to deploying more domestic ships and building gas distribution capacity.

Why investors are putting their money on venture debt

Why investors are putting their money on venture debt

Rediff.com27 May 2019

In 2018, venture debt providers cumulatively deployed Rs 1,300 crore. This year, the market is expected to absorb venture debt of Rs 1,800 crore to Rs 2,000 crore. So what makes this asset class so attractive?

India Inc capital expenditure story gets cement to semiconductor push

India Inc capital expenditure story gets cement to semiconductor push

Rediff.com19 Apr 2024

Corporate India is starting to step up its capital expenditure plans amid government incentives and signs of rising demand, company executives and analysts have indicated. This coincides with the Reserve Bank of India (RBI) recently citing a double-digit growth in private capital expenditure. Healthy balance sheets of banks and corporates, along with increasing capacity utilisation and improving business sentiment, are contributing to a favourable environment for sustained growth in private sector investments, the RBI said in its policy last week.

Budget 2025: Grassroot Level Implementation Is Necessary

Budget 2025: Grassroot Level Implementation Is Necessary

Rediff.com5 Feb 2025

Simplifying investment policies at the micro level and introducing a time-bound framework will be critical for India's growth targets, notes Krishna Ella.

'Indian startups on track to raise $8-12 bn this year'

'Indian startups on track to raise $8-12 bn this year'

Rediff.com18 Mar 2024

Indian startups are expected to raise $8-12 billion this year, a top official of venture capital firm Peak XV said on Monday, highlighting that the country's startup ecosystem is the most vibrant in the world. Speaking at StartUp Mahakumbh, Peak XV managing director Rajan Anandan said around $20 billion of private capital is lying uninvested and is committed for investment in private firms and startups in India.

Startup story set for better script in 2024 after a bleak '23

Startup story set for better script in 2024 after a bleak '23

Rediff.com28 Dec 2023

Funding winter and corporate governance woes separated the men from the boys in the country's startup space in 2023 that saw funds into the segment tapering to just around $8 billion. All said, investors are hopeful of strong growth of the maturing startup ecosystem in the new year. Edtech and health tech segments that grew exponentially during the pandemic plunged into an abyss of financial uncertainties, with several firms shuttering their business, and valuation of prominent players like BYJU'S and PharmEasy plummeting 85-90 per cent.

How Postmen Can Help Micro-Entrepreneurs

How Postmen Can Help Micro-Entrepreneurs

Rediff.com11 Jul 2024

'The dakiyas will be our partners, receiving credit proposals from micro-enterprises at the grassroots level.'

Entrepreneurs, $20 Bn Is Waiting For You

Entrepreneurs, $20 Bn Is Waiting For You

Rediff.com22 Dec 2023

'In the next 15-20 years, India will have at least 50 new (AI-driven) billion-dollar companies that are going to solve problems for the largest companies around the world.'

'Don't Jump In Because It's Fashionable To Be An Entrepreneur'

'Don't Jump In Because It's Fashionable To Be An Entrepreneur'

Rediff.com12 Nov 2024

'I tell young entrepreneurs if you don't have a great idea, if you don't have a good business model, don't think of a start-up.'

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.

Reliance back on growth path, multiple catalysts to drive performance

Reliance back on growth path, multiple catalysts to drive performance

Rediff.com19 Jan 2025

Reliance Industries Ltd, India's most valuable company, is back on a growth path after six months of challenges as it posted better than expected earnings in the December quarter, brokerages said.

Corporate big guns who fund new ventures

Corporate big guns who fund new ventures

Rediff.com28 Oct 2009

Murthy joins the league of top corporate honchos who have launched private equity funds to assist budding entrepreneurs and upcoming ventures across various sectors in India.

PMS players breach threshold, set to have non-EPFO assets of over Rs 10 trn

PMS players breach threshold, set to have non-EPFO assets of over Rs 10 trn

Rediff.com29 Dec 2024

When star mutual fund managers quit their jobs to start their own ventures, they have often begun their new innings by becoming portfolio management service (PMS) providers. Over the years there has been an influx of fund managers - they could earn big if they succeeded on their own - and alongside there are wealthy clients looking for an edge beyond that offered by traditional mutual funds.

World's No. 1 venture capitalist speaks

World's No. 1 venture capitalist speaks

Rediff.com25 Jan 2006

Indian entrepreneurs have an excellent opportunity to start companies with anywhere between $1-10 million and create one of the top 10 companies.

How GenAI Startup Ecosystem Is Unfolding

How GenAI Startup Ecosystem Is Unfolding

Rediff.com11 Jan 2024

'In India, the GenAI startup ecosystem is unfolding with remarkable speed, signalling a new era of technological advancement and investment opportunities.'

After extended winter, signs of thaw in Indian edtech sector

After extended winter, signs of thaw in Indian edtech sector

Rediff.com10 Dec 2024

After a prolonged winter, the Indian edtech sector seems to be witnessing some signs of a thaw. The sector has received $608.8 million of funding across 68 deals in 2024 so far - 153 per cent more than the $240.9 million across 106 deals during the same period last year - according to data from market intelligence platform Tracxn.

Singapore Airlines to invest additional Rs 3,195 cr in Air India post Vistara merger

Singapore Airlines to invest additional Rs 3,195 cr in Air India post Vistara merger

Rediff.com10 Nov 2024

Singapore Airlines will make an additional investment of Rs 3,194.5 crore in Tata Group-owned Air India post-merger of Vistara in November. The merger, announced on November 29, 2022, and set to be completed on November 11, 2024, will result in Singapore Airlines having a 25.1 per cent stake in the enlarged Air India. Full-service carrier Vistara, which started flying on January 9, 2015, is a joint venture between Tatas and Singapore Airlines, where the latter holds a 49 per cent shareholding.

Murthy's fund to be named Catamaran Venture Fund

Murthy's fund to be named Catamaran Venture Fund

Rediff.com26 Oct 2009

N R Narayana Murthy, chairman and chief mentor of India's second-largest IT services firm Infosys Technologies, has christened his to-be-launched venture capital fund the 'Catamaran Venture Fund'.

M&A activity in slow lane, deal value down 43%

M&A activity in slow lane, deal value down 43%

Rediff.com1 Apr 2024

Mergers and acquisitions (M&As) in India have moved into the slow lane, dropping 43 per cent in terms of deal value to touch $13.37 billion since January this year to date, compared to the same period in the last year. According to data sourced from Bloomberg, Indian companies reported deal value worth $23.5 billion between January and March 22, 2023. Data Infrastructure Trust's acquisition of American Tower Corporation's India telecom towers business for $2.5 billion was the top deal for the ongoing quarter so far, followed by the Highway Infrastructure Trust's acquisition of PNC Infratech's road projects for $1.08 billion.

BSE 100 companies boost R&D, innovation challenges persist

BSE 100 companies boost R&D, innovation challenges persist

Rediff.com13 Oct 2024

Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.

Future Ventures plans Rs 3,750 cr IPO

Future Ventures plans Rs 3,750 cr IPO

Rediff.com23 Feb 2008

The issue will carry a small price band to make it affordable to the retail investor. The company will issue 3,736.15 million shares.

A Financial Plan For Young Indian Family

A Financial Plan For Young Indian Family

Rediff.com12 Feb 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.