News for 'Venture and Capital'

Banks managing private pools of capital warned

Banks managing private pools of capital warned

Rediff.com22 Apr 2009

RBI said banks managing capital and infrastructure funds would be prone to risks, which are a part of these business models. Issuing a caution to the banks, it quoted the recent G30 report on financial stability, which had recommended that large and systemically important banking institutions should be restricted in undertaking proprietary activities that present particularly high risks and serious conflicts of interest.

RSS and its affiliates seek I-T cut, robot tax launch in upcoming Budget

RSS and its affiliates seek I-T cut, robot tax launch in upcoming Budget

Rediff.com30 Jun 2024

An increase in the farmer income support scheme PM Kisan Nidhi, the introduction of a 'robot tax' to fund reskilling of people who lose their jobs to artificial intelligence (AI), and a reduced income-tax (I-T) to bring relief to the middle classes - these are some of the items in the Budget wish list submitted by Sangh Parivar affiliates to Finance Minister (FM) Nirmala Sitharaman. Representatives of the affiliates of the Rashtriya Swayamsevak Sangh (RSS), such as the farmer organisation Bharatiya Kisan Sangh (BKS); trade union Bharatiya Mazdoor Sangh (BMS); Laghu Udyog Bharati, which works for micro and small industries; and Swadeshi Jagran Manch (SJM), which works on economic and policy issues, met the FM and other officials over the last couple of weeks as part of the pre-Budget consultations.

Former Wipro CEO Abidali Neemuchwala turns investor, joins Dallas Venture

Former Wipro CEO Abidali Neemuchwala turns investor, joins Dallas Venture

Rediff.com15 Sep 2020

As a venture partner, DVP said that Neemuchwala would be bringing deep technology expertise and invaluable experience of building businesses.

Tatas may choose Singapore as key partner for semiconductor play

Tatas may choose Singapore as key partner for semiconductor play

Rediff.com8 Nov 2024

Tata Sons will likely choose Singapore as a "key partner" for its semiconductor plans, a senior minister from the city-state said on Friday. Speaking to reporters after a meeting with Tata Sons chairman N Chandrasekaran earlier in the day, Singapore's minister for home affairs and law K Shanmugam said semiconductors was a "big discussion" point during the meeting. "If they (Tatas) want to, they can do business with anybody in the world.

Ratan Tata's passion for e-commerce ventures grows

Ratan Tata's passion for e-commerce ventures grows

Rediff.com11 Feb 2015

He seems to have struck a chord with young entrepreneurs.

Unicorns Carve Profits In Funding Winter

Unicorns Carve Profits In Funding Winter

Rediff.com22 Aug 2023

'Given that the market is now demanding disciplined growth, well-run companies should be able to demonstrate profitability with the cash on hand.'

Consumer firms catch the fancy of venture capitalists

Consumer firms catch the fancy of venture capitalists

Rediff.com15 Nov 2017

As consumers in India seek variety and innovative products, there's a lot of interest among investors for healthier products.

PE/VC investments nearly halve in Feb 2023

PE/VC investments nearly halve in Feb 2023

Rediff.com20 Mar 2023

Investments by private equity and venture capital funds declined by 44 per cent to $3.7 billion in February compared to the same period a year ago, a report said on Monday. The bets by the long-term investors were 13 per cent lower when compared to the investments in the preceding month of January, the report by industry lobby Indian Venture and Alternate Capital Association and consultancy firm EY, said. "...rising global recession concerns, increasing cost of capital and mismatch in valuation expectations between sellers and investors are turning out to be major impediments in the deployment of capital," EY's partner Vivek Soni said.

Stars Buying Property After Property!

Stars Buying Property After Property!

Rediff.com13 Nov 2024

'Just this year alone, close to 40 major transactions involving Bollywood stars have been recorded.'

The Big Change At Karan Johar's Dharma

The Big Change At Karan Johar's Dharma

Rediff.com22 Oct 2024

Industry experts believe that this deal will positively impact the Indian film industry, which is struggling with fewer movie releases.

VC investment in Indian startups plunge 38% in 2022

VC investment in Indian startups plunge 38% in 2022

Rediff.com24 Jan 2023

Venture capital (VC) investments in Indian startups plunged over 38 per cent in 2022 as economic uncertainty and market volatility affected fundraising and investment activities, GlobalData said on Tuesday. In a statement, GlobalData said an analysis of its financial deals database reveals that "a total of 1,726 VC funding deals worth $20.9 billion were announced in India in 2022 compared to 1,715 deals worth $33.8 billion in 2021." "The ongoing economic uncertainty and market volatility continue to affect the fundraising and investment activities in India and subsequently VC investment in the country startups suffered a massive year-on-year 38.2 per cent decline in value terms during 2022," the data and analytics company said.

Alternative investment funds hope for Sebi leeway, clear demat guidelines

Alternative investment funds hope for Sebi leeway, clear demat guidelines

Rediff.com10 Nov 2023

Alternative investment funds (AIFs) are yet to fully demat the outstanding units even as the deadline ended on October 31. Industry players say they are working on the transition from physical to electronic with the depositories Central Depository Services (India) Limited (CDSL) and National Securities Depository Limited (NDSL). Some said they are hoping for some relaxation from the market regulator Securities and Exchange Board of India (Sebi), given the teething problems they are facing.

Arun Netravali to set up $250 mn venture fund

Arun Netravali to set up $250 mn venture fund

Rediff.com1 Nov 2003

Former Bell Labs president Arun Netravali is setting up a $250 million venture capital fund which will invest in the United States-based start-up companies in telecom and technology areas, which would be outsourcing to India.

Delhi's air quality worsens, over Rs 5.85 cr fine imposed

Delhi's air quality worsens, over Rs 5.85 cr fine imposed

Rediff.com16 Nov 2024

The city's 24-hour Air Quality Index (AQI), recorded at 4 pm daily, stood at 417, making it the worst in the country. On Friday, the AQI level was 396.

The Man Who Saw Tomorrow

The Man Who Saw Tomorrow

Rediff.com21 Oct 2024

Here stood a man who embodied the legacy of whatever Brand Tata stood for, embellished it, and departed into the long night, leaving the brand legacy for others to further enrich, notes R Gopalakrishnan.

'Growth Of Cheese Market In India Is Exponential'

'Growth Of Cheese Market In India Is Exponential'

Rediff.com1 Nov 2024

'Only 20 per cent of families in India buy cheese twice once a year.'

India ranks 2nd for global investment in digital shopping

India ranks 2nd for global investment in digital shopping

Rediff.com9 Mar 2022

India is the second-largest global venture capital investment hub for digital shopping companies, growing by a whopping 175 per cent from $8 billion in 2020 to $22 billion in 2021, according to an official analysis released here on Wednesday. On a global scale, India came in second to the US last year, which attracted $51 billion in investment, followed by China at third with $14 billion and the UK at fourth with $7 billion. Within India, Bengaluru comes out on top globally with $14 billion worth of Venture Capital (VC) investments in digital shopping in 2021, followed by Gurugram at No. 7 with $4 billion and Mumbai at No. 10 with $3 billion.

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Rediff.com17 Jul 2024

Ola Electric, the SoftBank-backed electric vehicle (EV) maker, is likely to pursue a valuation of approximately $4.5 billion in its upcoming initial public offering (IPO), marking about 18 per cent decrease from its last funding round valuation of around $5.5 billion, according to industry sources. The Bhavish Aggarwal-founded firm aims to file for the IPO by next month, according to people familiar with the matter. "The strategy is to price the IPO attractively for investors, fostering long-term growth and wealth creation," said a source.

Will respond strongly to frauds: Sequoia Capital

Will respond strongly to frauds: Sequoia Capital

Rediff.com17 Apr 2022

'We will take tough calls where needed in the interest of doing what is right.'

UTI VF, TDA Capital invest $2.3 mn in RevIT

UTI VF, TDA Capital invest $2.3 mn in RevIT

Rediff.com2 Sep 2003

UTI Venture Funds and TDA Capital Partners have invested $2.3 million for a minority stake in RevIT Systems Private Limited and its subsidiary, Sherpa Business Solutions, a healthcare and publishing BPO company, based in Chennai.

'Space Transportation Has To Be Like Booking A Cab'

'Space Transportation Has To Be Like Booking A Cab'

Rediff.com23 Oct 2024

'We started AgniKul to show that space transportation should be as simple as road transportation.'

SEBI Sees Sharp Rise In Complaints, Here's Why

SEBI Sees Sharp Rise In Complaints, Here's Why

Rediff.com11 Mar 2024

As many as 5,532 complaints were received by the regulator in January, an 80 per cent increase over the number of complaints filed in the previous month.

Bucking the trend: Indian startups regain lost funding ground, says report

Bucking the trend: Indian startups regain lost funding ground, says report

Rediff.com21 Jun 2024

Finally, some good news for the Indian startup ecosystem. After four consecutive half-year periods of declining funding since 2022, the first half (H1) of 2024 has shown an upward trend compared to the second half (H2) of 2023. According to the India Tech Semi-Annual Funding Report H1 2024 by Tracxn, Indian technology (tech) startups raised $4.1 billion in H1 2024, marking a 4 per cent increase from $3.96 billion in H2 2023.

Paytm shock: Fintech cos wary as frequent regulatory actions hurt sentiment

Paytm shock: Fintech cos wary as frequent regulatory actions hurt sentiment

Rediff.com13 Feb 2024

Following the Reserve Bank of India's (RBI's) action against Paytm Payments Bank, participants in the fintech ecosystem have turned their attention to giving priority to compliance with regulatory norms. Fintech industry players say the episode will ensure adherence to such measures. Executives Business Standard spoke to said companies should have clarity on their requirements.

'Capital goods, real estate will see an uptick in 2022'

'Capital goods, real estate will see an uptick in 2022'

Rediff.com17 Dec 2021

'Indices will remain range bound in 2022 as earnings catch up with the current multiples.'

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.

VC funds reduce number of deals with start-ups by a 5th in 2022: Study

VC funds reduce number of deals with start-ups by a 5th in 2022: Study

Rediff.com20 Dec 2022

At least 14 of the top 20 venture capital (VC) and private equity (PE) funds in India reduced new deals with start-ups by a fifth in 2022. The number fell from 572 in 2021 to 456 this year, according to data from Venture Intelligence. Sequoia Capital, a leader in investments, retained its top slot but its number of deals fell from 110 in 2021 to 70 this year.

Temasek likely to invest $10 billion in India in the next three years

Temasek likely to invest $10 billion in India in the next three years

Rediff.com16 Jul 2024

Singapore government's sovereign wealth fund Temasek is looking to invest $10 billion in India during the next three years, Ravi Lambah, Temasek's head of India and strategic initiatives, said.

'Angel tax' provisions in Finance Bill will not impact startups

'Angel tax' provisions in Finance Bill will not impact startups

Rediff.com21 Feb 2023

The 'angel tax' provision in the Finance Bill will not impact startups in India, a senior government official said on Tuesday. Startups which are registered with the Department for Promotion of Industry and Internal Trade do not come under the purview, Anurag Jain, the secretary in the department said while speaking at the IVCA Conclave. "Let me put one thing very clearly. It doesn't affect startups in the least," he said, addressing the audience at the event organized by the venture capital industry lobby grouping.

Check The Management Before Investing

Check The Management Before Investing

Rediff.com12 Feb 2024

A lot depends upon the crucial decision-making skills of the management. If you have any doubts about the management then you always have the choice of selling your shares or not buying stocks of those companies at all.

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.

Will Rajeev Chandrasekhar Upset Shashi Tharoor?

Will Rajeev Chandrasekhar Upset Shashi Tharoor?

Rediff.com22 Apr 2024

I hope those who underestimate Rajeev Chandrasekhar will be proved wrong in this fight for Thiruvananthapuram's future, notes Rajeev Srinivasan.

Want To Know About Tech Of The Future?

Want To Know About Tech Of The Future?

Rediff.com11 Dec 2023

Amphibious drones for maritime inspection... devices that extract pure oxygen from water for patients in need... self-balancing electric bikes...

What's next for Serena Williams?

What's next for Serena Williams?

Rediff.com9 Aug 2022

Serena has backed early stage companies for nearly a decade.

Sebi eases minimum promoter contribution norms to boost IPO process

Sebi eases minimum promoter contribution norms to boost IPO process

Rediff.com22 May 2024

In a bid to ease compliance towards companies planning public offers (IPOs), the Securities and Exchange Board of India (Sebi) has notified norms that open more avenues to meet the minimum promoters' contribution (MPC). The market regulator has permitted promoter group entities and non-individual shareholders to contribute to the mandated promoters' contribution in the case of a shortfall without being identified as a promoter.

Sebi's order against Prannoy, Radhika Roy in insider trading case dismissed

Sebi's order against Prannoy, Radhika Roy in insider trading case dismissed

Rediff.com5 Oct 2023

The Securities Appellate Tribunal (SAT) on Thursday quashed a Sebi order that barred NDTV founders Prannoy Roy and Radhika Roy from the securities market for two years in an insider trading case. However, the appellate tribunal partly set aside an order against Vikramaditya Chandra, the group's chief executive officer during the relevant period, and remitted the matter back to Sebi to decide the issue. It further said that trades executed by Chandra during PSI-3 (price-sensitive information) are required to be reconsidered, according to the order passed by SAT.

Foreign Brands Are Eyeing India Again

Foreign Brands Are Eyeing India Again

Rediff.com28 Sep 2024

Whether it's Carrefour, Ford, or other foreign majors, they are ready to adjust their strategies and design their plans in a way that would address the Indian consumption story.

'Noel Tata Should Be Inducted Into Tata Sons Soon'

'Noel Tata Should Be Inducted Into Tata Sons Soon'

Rediff.com12 Oct 2024

'The quality of a leader should be such that even if the leader is not there, the institution carries on.'