Shravin Mittal's venture capital firm, Unbound Advisors, has made investments worth over $500 million so far
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.
The ongoing tussle between the Nitish Kumar government and the Raj Bhavan further escalated with the Bihar education department inviting applications for the post of vice-chancellors (VC) in different universities days after Governor (Chancellor) Rajendra Vishwanath Arlekar's secretariat issued a similar advertisement.
Mid-fielder Salima Tete on Thursday replaced veteran goalkeeper Savita Punia as captain of the 24-strong Indian women's hockey squad for the Belgium and England legs of the FIH Pro League starting later this month.
In a big blow to the Indian team, the hosts will miss Ravindra Jadeja and KL Rahul for the second Test against England.
Ahead of the ICC Men's ODI World Cup 2023, here's a full list of the final squads of all ten teams.
KS Bharat has been named as his replacement.
Scores of students gathered at VC's lodge after learning that Podile was holding a press conference to announce that he was going to resume charge on Tuesday.
Bringing the curtains down on the four-month-long unrest at Jadavpur University, Vice-Chancellor Abhijit Chakrabarti on Monday agreed to step down from the post following the intervention of West Bengal Chief Minister Mamata Banerjee.
One year after the Insurance Regulatory and Development Authority's (Irda) allowed insurance companies to invest in venture capital (VC) funds, no insurer has shown interest in funding VCs.
'Ideally, one should not time SIPs.' 'If people churn their SIP portfolios, then they are equating the concept of SIPs to lump sums.'
Varsity security personnel, who yesterday stopped entry of three Kerala MPs and social activist Teesta Setalvad into the campus, on Friday prevented Swaraj Abhiyan leader Yogendra Yadav and others from entering the campus.
HRD ministry forces Allahabad University to change its decision.
Referring to the ED's claim about the politician eating mangoes, sweets, aalo-poori etc regularly, he said these were provided to him only a few times.
The mother said she would meet him only on the campus along with four other students who were suspended.
Uday Saharan will be leading India in the Under-19 World Cup in South Africa next year, as the same side from the ongoing U-19 Asia Cup has been retained for the global showpiece beginning on January 19.
The Governor and the ruling LDF in the state have been at loggerheads since the Supreme Court verdict quashing the reappointment of Gopinath Ravindran as VC of Kannur University and berating the Left government for its "unwarranted intervention" in the matter.
With around 50 students interested in being members, the club will be a forum for students interested in all aspects of private equity and venture capital. As part of formalising the club, the students are holding the first intra-institute event called the 'Zen of Investing', where the club plans to invite alumni working in the area of private equity, besides involving the faculty and students for the activity.
Canara Bank, India's second largest public sector bank, is all set for an aggressive play in the venture capital business.
Venture Intelligence data shows that during January to July 2020, investors infused $998 million in 31 deals. The total number of deals reported in 2019 was 42 worth $404 million.
Indian economy is expected to grow 10.5 per cent or more in the current fiscal, Niti Aayog Vice Chairman Rajiv Kumar said on Thursday. Speaking at a virtual conference organised by the Public Affairs Forum of India (PAFI), he also said that modernisation of the retail sector is very much on the cards. "India Purchasing Managers' Index (PMI) for both manufacturing and services has shown a very smart uptick last month. "This (Indian economy) will strengthen even further," he said. "I expect Indian economy to grow 10.5 per cent or higher in FY 22," he noted.
Among other developments, middle order batter Shreyas Iyer will miss the next three Tests due to injury.
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.
Keeping up its offensive, an Aam Aadami Party delegation on Wednesday met Delhi University Vice Chancellor demanding that they be allowed to examine records of Prime Minister Narendra Modi's BA degree but they had to return empty handed.
Jadavpur University students on Friday did not allow the Registrar and Pro-Vice Chancellor to enter the campus and boycotted classes for the second consecutive day in protest against police action on them two days ago.
'There might be some internal tussles that can be expected between any two persons in any party.' 'But I do not see any tussle which might weaken the possibility of dictatorship.'
While Ajinkya Rahane has been named vice-captain, pacer Navdeep Saini was recalled into the Test squad.
Visva Bharati Vice Chancellor Sushanta Dattagupta, facing charges of administrative and financial irregularities, has emailed his resignation to President Pranab Mukherjee.
Education topped the table with nearly $1.755 billion as against $379 million last year, followed by real estate which received $754 million.
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.
Is it a divine, sacrosanct university, a holy cow, prohibiting human intervention?
The Supreme Court on Wednesday lifted its embargo and allowed the Centre to go ahead with the appointment of Central Vigilance Commissioner and a Vigilance Commissioner from the list of candidates shortlisted by it.
Rohit Sharma's request to the BCCI for a break from white-ball cricket in South Africa despite being offered T20 captaincy has been accepted, while Jasprit Bumrah has been named his deputy for the two Tests starting December 26.
Fund managers said investors remained positive on the pharma manufacturing activity in India, which further strengthened during the Covid-19 period, on account of restrictions imposed on pharma imports from China.
Pandit said history is 'his' story, but 'her' story "also has to come".
Bumrah, DreRus or Varun Chakravarthy: Who bowled the best spell?
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.
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.
The Supreme Court on Wednesday asked the Centre to take its prior "leave" before going ahead with the appointment of the Central Vigilance Commissioner and Vigilance Commissioner and also sought records pertaining to the selection process in a sealed cover.
"Can a university itself be termed as a minority institution," the SC asked during the hearing of a plea seeking a direction to quash the appointment of AMU vice-chancellor Lt Gen (Retd) Zameeruddin Shah.
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