News for 'Venture and Capital'

IPO craze continues: 3 firms to raise Rs 1,325 crore next week

IPO craze continues: 3 firms to raise Rs 1,325 crore next week

Rediff.com3 Mar 2024

The primary market will see a flurry of activity in March, with at least three companies including Gopal Snacks will float their initial public offerings (IPOs) in the upcoming week to raise Rs 1,325 crore collectively. The other two companies which are set to launch their maiden public issues are -- RK Swamy and JG Chemicals. Additionally, Bengaluru-based luxury furniture brand Stanley Lifestyles and Krystal Integrated Services are expected to float their initial share-sales later this month, according to merchant bankers.

'If A Heatstroke Patient Doesn't Get Treatment, There's 80% Chance Of Dying'

'If A Heatstroke Patient Doesn't Get Treatment, There's 80% Chance Of Dying'

Rediff.com28 Jun 2024

'We can save 70 patients out of 100, if they reach a hospital well within time.' 'The most crucial aspect is time.'

'It is a platform for me to give something back to the game'

'It is a platform for me to give something back to the game'

Rediff.com21 Jul 2016

India's ODI and T20 skipper Mahendra Singh Dhoni has been named as the face and brand ambassador of the Craig McDermott International Cricket Academy (CMICA), a leading state of the art private cricket and educational sports academy in Australia.

E-commerce investors press the pause button

E-commerce investors press the pause button

Rediff.com18 Jul 2015

Access to capital for sub-standard companies is on the decline

Why Odds Are Against New Mutual Funds

Why Odds Are Against New Mutual Funds

Rediff.com21 Sep 2023

Meaningful market share would go to those who have the distribution strength to push their products, such as banks.

PE investments forecast to reach $17 bn soon

PE investments forecast to reach $17 bn soon

Rediff.com20 Jul 2010

According to 'India PE Report 2010', released by global consultancy Bain & Company, there is renewed confidence among the leading PE investors about the Indian market.

BJP gave first OBC PM, while Cong insulted them: Amit Shah

BJP gave first OBC PM, while Cong insulted them: Amit Shah

Rediff.com21 May 2023

Union Home Minister Amit Shah on Sunday accused the opposition Congress of harassing and insulting the Other Backward Classes during its rule at the Centre, and asserted that it was the Bharatiya Janata Party that gave the first OBC prime minister to the country in the form of Narendra Modi.

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.

Varun Kapur to head Texas India

Varun Kapur to head Texas India

Rediff.com8 Dec 2006

Texas Pacific Group, the global private-equity fund, which manages around $20 billion, has named former Intel Capital managing director Varun Kapur to lead its investments in India effective this week.

'I'm jobless, want to start my business'

'I'm jobless, want to start my business'

Rediff.com7 Sep 2023

rediffGURU Baqar Iftikar Naqvi, start-up mentor, founder and CEO of Upriver Ecommerce, offers advice on how to navigate the many challenges of entrepreneurship.

For What Duration Must I Invest?

For What Duration Must I Invest?

Rediff.com5 Apr 2024

Tactical investors should have an investment horizon of around six months to one year, long-term investors should stick around for 10 years or more.

India's Startup Scorecard

India's Startup Scorecard

Rediff.com2 Apr 2024

For the startup ecosystem in India, the scorecard so far has been a mixed bag, observes Akhil Gupta.

Indian-origin techie 'helping out' Musk to revamp Twitter

Indian-origin techie 'helping out' Musk to revamp Twitter

Rediff.com1 Nov 2022

Sriram Krishnan, an Indian-origin technology executive, is "helping out" Twitter's new owner Elon Musk as he revamps the social media giant following its acquisition by the billionaire entrepreneur.

SBI Caps, JM Financial to sell Reliance Capital assets

SBI Caps, JM Financial to sell Reliance Capital assets

Rediff.com2 Oct 2020

The key assets put on the block include its entire stake in Reliance General Insurance Company, the third-largest private sector insurer, and a 49 per cent stake in Reliance Nippon Life Insurance, a joint venture with Nippon Life, which is among the top five private-sector insurance companies.

Tisco, L&T in port venture

Tisco, L&T in port venture

Rediff.com7 Feb 2004

Rajasthan fund for IT start-ups

Rajasthan fund for IT start-ups

Rediff.com8 Nov 2007

The Rajasthan Venture Capital Fund (RVCF), which has a corpus of Rs 100 crore (Rs 1 billion), would focus on innovative projects in the small and medium enterprises (SME) segment, such as the IT/ITeS, bio-technology, retail, tourism, hospitality and entertainment sectors.

Why Indian entrepreneurs succeed in US

Why Indian entrepreneurs succeed in US

Rediff.com23 Mar 2007

Indian immigrants like Sai Gundavelli often arrive in the U.S. armed with scientific skills, a need to fund people at home -- and ambition.

SVB fallout: Indian start-ups staring at uncertain future

SVB fallout: Indian start-ups staring at uncertain future

Rediff.com21 Mar 2023

Indian start-ups breathed a sigh of relief after the UK government facilitated the acquisition of the now-defunct Silicon Valley Bank's (SVB's) British arm by HSBC. In a bid to allay fears, the US Federal Deposit Insurance Corporation (FIDC) announced recently that it had transferred all deposits of start-up-focused SVB to a newly created bridge bank and all depositors would have access to their money. President Joe Biden also sought to reassure jittery depositors that they can have confidence that the US banking system is "safe".

7 Indian-Americans in Forbes' list of richest people in US

7 Indian-Americans in Forbes' list of richest people in US

Rediff.com8 Sep 2020

The seven Indian-Americans are cybersecurity firm ZScaler CEO Jay Chaudhry, founder and chairman of Symphony Technology Group Romesh Wadhwani, cofounder and CEO of online home goods retailer Wayfair Niraj Shah, Silicon Valley venture capital firm Khosla Ventures founder Vinod Khosla, managing partner of Sherpalo Ventures Kavitark Ram Shriram, Airline veteran Rakesh Gangwal and Workday CEO and co-founder Aneel Bhusri.

Modi flags off 'Namo Bharat' train, India's 1st RRTS

Modi flags off 'Namo Bharat' train, India's 1st RRTS

Rediff.com20 Oct 2023

Modi showed the green flag to the train connecting Sahibabad and Duhai Depot stations, marking launch of the RRTS in India. The train can run at a speed of 180 km per hour,

'India has tremendous potential for digital ventures'

'India has tremendous potential for digital ventures'

Rediff.com18 Mar 2015

'India has tremendous potential for digital ventures,' says Ratan Tata.

Truth behind SRK's business ventures

Truth behind SRK's business ventures

Rediff.com14 Dec 2015

To unravel Khan's overseas business, one has to rewind to 10 years ago when Londoner Richard James Moore floated a real estate company called Winford Estates in Surrey.

ArcelorMittal launches clean technology VC fund

ArcelorMittal launches clean technology VC fund

Rediff.com11 Jul 2008

The new clean technology venture capital fund has invested $20 million in California-based Miasole, which is engaged in the development of thin-film solar panels, while the carbon fund has an initial investment commitment of $157 million, the steel-maker said. "The fund is managed by a team from ArcelorMittal Flat Carbon Americas and its investment decisions are taken by a six-person Investment Committee chaired by ArcelorMittal FCA CEO Lou Schorsch," it added.

AIF returns trailed market gains in Dec

AIF returns trailed market gains in Dec

Rediff.com25 Jan 2024

Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Close-ended schemes had a median return of 5.62 per cent in December, according to data from industry tracker PMSBazaar. The median returns for open-ended schemes were 3.91 per cent

VC investment in Silicon Valley falls to $1.4bn

VC investment in Silicon Valley falls to $1.4bn

Rediff.com22 Jan 2005

The Venture capitalist investments in Silicon Valley declined to $1.4 billion in the last quarter of 2004, the lowest in past seven years, according to a recent survey.

ICICI Venture taps health insurance sector

ICICI Venture taps health insurance sector

Rediff.com31 Mar 2010

The first private equity deal in the Indian health insurance sector is set to be sealed soon.

Jan to Sep VC investments down nearly 17% YoY to $6.5 billion

Jan to Sep VC investments down nearly 17% YoY to $6.5 billion

Rediff.com28 Oct 2020

Education topped the table with nearly $1.755 billion as against $379 million last year, followed by real estate which received $754 million.

Nokia arm to to invest in Indian start-ups

Nokia arm to to invest in Indian start-ups

Rediff.com28 Jun 2005

BlueRun Ventures and Nokia Growth Partners, two venture capital firms supported by Nokia Corporation, hope to invest in one or two Indian start-up companies every year, senior executives said on Tuesday.

'Which country is now standing tall in BRICS? It's India'

'Which country is now standing tall in BRICS? It's India'

Rediff.com23 Aug 2023

'India has the potential to do a lot more to take advantage of the time today where we stand to gain, geopolitically and in terms of market attractiveness.'

KPO to touch $16 bn by 2010

KPO to touch $16 bn by 2010

Rediff.com4 Jul 2005

The size of knowledge process outsourcing industry, the high-end services entailed in business process outsourcing activities, has the potential to touch $16 billion by 2010 across the globe.

A new fintech world is upon us amid funding drought, lower valuations

A new fintech world is upon us amid funding drought, lower valuations

Rediff.com29 May 2023

In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.

Other investors to buy out Chinese stake in Koo, says CEO

Other investors to buy out Chinese stake in Koo, says CEO

Rediff.com16 Feb 2021

The Chinese investor in the parent firm of Koo, India's answer to Twitter, is on its way out after other investors have pledged to buy out its 9 per cent stake, Koo's co-founder and CEO Aprameya Radhakrishna said.

CCI nods Reliance's Rs 2,850 crore buy of Metro's India biz

CCI nods Reliance's Rs 2,850 crore buy of Metro's India biz

Rediff.com14 Mar 2023

The Competition Commission of India (CCI) on Tuesday said it has approved Reliance Retail Venture's acquisition of German firm Metro AG's wholesale operations in India. Reliance Retail Ventures Ltd (RRVL) is a subsidiary of Reliance Industries Ltd (RIL) while Metro Cash & Carry India is engaged in the wholesale operations in India. In December last year, it was announced that RRVL had signed definitive agreements to acquire a 100 per cent equity stake in the company for a total cash consideration of Rs 2,850 crore.

US chipmaker AMD to invest $400 mn in India

US chipmaker AMD to invest $400 mn in India

Rediff.com28 Jul 2023

US chipmaker Advanced Micro Devices (AM) on Friday announced a $400 million investment in India over the next five years and said it will build its largest design centre in Bengaluru. AMD chief technology officer Mark Papermaster made the announcement at the annual semiconductor conference in the presence of Prime Minister Narendra Modi. Undeterred by Taiwan's Foxconn pulling out of his group's $20 billion semiconductor-making venture, mining baron Anil Agarwal said the first phase of Vedanta's chip-making project will be ready in two-and-a-half years.

First realty fund approved

First realty fund approved

Rediff.com27 Jan 2005

India working on small, factory-built N-reactors, nod for 10 under 'fleet mode'

India working on small, factory-built N-reactors, nod for 10 under 'fleet mode'

Rediff.com23 May 2023

India is working on new technologies such as the small modular reactors that can be factory-built and help make clean energy transition, Science and Technology Minister Jitendra Singh said in New Delhi.

India to have over 100 unicorns by 2022-end

India to have over 100 unicorns by 2022-end

Rediff.com17 Jan 2022

India has 50 startups with the potential to achieve the coveted 'unicorn' status in 2022 and by the end of the year, the list of the new-age companies valued at over $1 billion will be at least 100, a report by a consultancy firm said on Monday. In 2021, which witnessed a huge spike in company valuations in the listed and unlisted space driven by ample liquidity, according to some watchers, India added 43 startups to the list and the number of unicorns shot up to 68 by the end of the year. Over $10 billion was invested in the Indian startup ecosystem in the October-December quarter alone, according to the report by PwC India.

Bengaluru outstrips Beijing, Shanghai in tech VC funding in 2021

Bengaluru outstrips Beijing, Shanghai in tech VC funding in 2021

Rediff.com14 Jan 2022

With $18.6 billion in investments, Bengaluru made it to the top-five leading VC funding hubs across the world in 2021 - following San Francisco Bay Area, New York, Greater Boston Region and London. However, it outstripped Beijing ($13.6 billion) and Shanghai ($13.4 billion). Global tech VC investment into start-ups hit a record level of $675 billion in 2021, doubling the previous all-time high of $340.6 billion in 2020, a report by London & Partners and dealroom.co.

Qatar fund to acquire around 1% stake in Reliance Retail for Rs 8,278 cr

Qatar fund to acquire around 1% stake in Reliance Retail for Rs 8,278 cr

Rediff.com23 Aug 2023

Qatar Investment Authority (QIA) will acquire around 1 per cent stake in Reliance Retail Ventures Ltd (RRVL), the retail arm of billionaire Mukesh Ambani-led Reliance Industries, by investing Rs 8,278 crore ($1 billion). A QIA's wholly-owned subsidiary will make the investment in India's largest retailer at a valuation of Rs 8.278 lakh crore ($100 billion). Updating about the development, Reliance Industries in a regulatory filing said: "QIA's investment will translate into a minority equity stake of 0.99 per cent in RRVL on a fully-diluted basis." RRVL is the holding company for all retail businesses of Reliance Industries Ltd (RIL).