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.
Assam Chief Minister Himanta Biswa Sarma on Monday said he replaced India with Bharat in his Twitter bio to reflect his 'journey' from the Congress to Bharatiya Janata Party, in a dig at the opposition coalition.
With its fleet of nearly 1,000 electric three-wheelers in Delhi-NCR, it moves around 100,000 commuters daily. The company will use the funding to rapidly increase its fleet size within Delhi-NCR as well as other key cities around the country.
How do you avoid being laid off? If you have been let go, what should you do next? Ask rediff Career Gurus to find out.
India Inc was, perhaps, watching out for a repeat of the dot-com bubble burst of the early 2000s.
As with stocks, real estate and art, investing in start-ups has emerged as an asset class in itself.
Schmidt had a closed-door meeting with four start-ups in Bangalore.
Serial entrepreneur Tarun Uppal reflects upon the mistakes and the lessons learned along the way.
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.
Fintech and venture capital firms such as Recur Club, Razorpay and Trifecta Capital have come to the aid of homegrown start-ups caught in the crossfire of the Silicon Valley Bank fiasco. Alternative funding platform Recur Club said it was allocating $15 million to all Indian founders affected by the crisis. It will not charge any platform fee for the same.
From an idea inititated in a hostel room, Hearing Plus went on to become a national chain of hearing treatment clinics.
At present,Satish Khanna he is associated with companies such as Fullife Healthcare, Kagashin, Hi Tech, Provivi, Status Quo and Concord.
India ranks third among global startup ecosystems.
During its summer placements in 2006, six start-up companies had visited the IIM-A campus for the first time, of which six students had interned with them.
A young couple sharing a laugh - in the living room over a Polish joke book, on the beach, in the rain - with the tagline, "Made for each other", hung from billboards at prominent street corners from the 1960s to the 1990s. It was a campaign for one of the largest selling cigarette brands in India, Wills (Navy Cut) from the ITC stable, that resonated with a generation of smokers and non-smokers alike till the curtains came down on tobacco advertising in 2004. As we prepare to welcome 2024, ITC has metamorphosed from a tobacco giant into a conglomerate straddling multiple large-sized businesses. In the mind space of Gen Z or millennials, the company represents a gamut of branded products - from frozen food (ITC Master Chef), noodles (YiPPee!), and cookies (Sunfeast) to snacks (Bingo!) and notebooks (Classmate), and so on and so forth.
He underlined the need for industrial parks and white-collared environment
'He's (Modi) asked CMs of different states to work together as 'Team India'. He even made an appeal to Vote India!'
The traditional model of IT is being commoditised and players are losing margins. Industry needs to focus on innovation-based start-ups for next round of growth.
Jaitley assured that both the banking system and the government will make the resources available to them.
The government's Swachh Bharat programme presents entrepreneurs with a chance to curb open defecation and make money in the process.
After selling out to Google, the 27-year-old has now turned into an angel investor.
The microfinance vertical of the bank will provide loans of Rs 80,000 to Rs 1,00,000.
Robotics start-ups in India are finally making their presence felt. Be it the education or industrial and commercial segments, these start-ups are standing up and getting noticed for their inventions.
'AI may perform tasks, but deep expertise and specialisation remain uniquely human.'
The queue for mutual fund (MF) licences has thinned down due to quick clearances by the Securities and Exchange Board of India (Sebi) alongside applications being withdrawn amid regulatory changes. There were, at the end of September, only two pending MF applications: By AngelOne and Unifi Capital. By comparison, there were 11 applications lying before the market regulator at the start of calendar year 2023.
Real time traffic updates and solutions to negotiate peak hour traffic with ease is what will make this start-up story a success, believe its co-founders.
Challenges notwithstanding, there are handful of players who continue to stand tall and scale-up their business. Many of these are taking inspiration from hyper-local grocery and food-delivery business to go full stack, says Sangeeta Tanwar.
India plans IPO rule changes to lure homegrown start-ups.
An interview with Sridhar Ramaswamy,Senior vice-president, ads and commerce, Google.
'There is little point in getting adoption without profit sustainability or the converse.' 'This is the dilemma that many Indian innovators face,' says R Gopalakrishnan.
Forbes India recently released the list of start-ups to watch out for in the year 2012. Read on to know the magazine's list of top 11 promising start-ups.
With more and more youngsters preferring to shop online, the credit appetite has surged.
In 2014, the country witnessed 800 new companies starting up, taking the total number of start-ups to 3,100, Nasscom said.
Beside the defence forces in India, the start-up has shipped around 350,000 units to 12 countries -- the United Kingdom, France, Poland, Bangladesh, Saudi Arabia, the UAE, Kenya, South Africa, Romania, Indonesia, Qatar and Oman.
In Mumbai, Xenium, an interactive digital agency, is launching a VR lounge later this month.
In Mumbai, Xenium, an interactive digital agency, is launching a VR lounge later this month.
The govt could allow start-ups and e-commerce cos to appropriate initial brand building expenses over several years for accounting benefits
The terms of the acquisition were not made public.
Mukund Mohan, Microsoft Ventures India director, to head US, China, India operations.