News for 'venture capital'

Now, VCs to invest in rural tech

Now, VCs to invest in rural tech

Rediff.com8 Dec 2008

Venture capitals in India, which traditionally invested in urban segments or technology sector, have begun investing in rural-centric technology firms. Avishkaar India Micro Venture Capital Fund, Acumen Fund, and Rural Innovations Network are showing increased focus on rural markets.

Hotel Leela Venture to sell properties to Brookfield for Rs 3,950 cr

Hotel Leela Venture to sell properties to Brookfield for Rs 3,950 cr

Rediff.com18 Mar 2019

The promoters who own the Leela brand will also be transferring the label to Brookfield for all hospitality businesses.

VC investments may focus more on energy startups

VC investments may focus more on energy startups

Rediff.com5 Jan 2010

Moreover, VC investments are anticipated to move away from information technology and telecommunication areas, according to German banking major Deutsche Bank.

Why Start-Ups Are Melting Down

Why Start-Ups Are Melting Down

Rediff.com13 Apr 2023

PEs and VCs are taking a closer look at their bouquet of investments. Leading voices in the sector are categorical that cash-burn rates -- that's blowing up equity to acquire market share -- as a business model can't continue to be the polestar.

Narayana Murthy's Catamaran aims to double AUM to $2 billion in 5 yrs

Narayana Murthy's Catamaran aims to double AUM to $2 billion in 5 yrs

Rediff.com31 Jul 2023

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.

'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

Tides turning for India's startups?

Tides turning for India's startups?

Rediff.com3 Oct 2023

The recovering valuations, will lead to enhanced optimism among investors about funding startups.

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.

Queue for MF licences thins amid quick Sebi approval, withdrawals

Queue for MF licences thins amid quick Sebi approval, withdrawals

Rediff.com15 Nov 2023

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.

Ola Electric files for IPO, a first by Indian EV firm

Ola Electric files for IPO, a first by Indian EV firm

Rediff.com26 Dec 2023

The Indian entrepreneurship success story will soon see one more company debuting on the public markets. Ola Electric, the electric vehicle (EV) company, has become the first such firm that has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India for its initial public offering (IPO). This is a fresh issue of equity shares of up to Rs 5,500 crore and an offer for sale (OFS) of more than 95 million equity shares at a face value of Rs 10.

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.

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.

PE/VC investments plunge 75% to just $3.3 bn in Oct

PE/VC investments plunge 75% to just $3.3 bn in Oct

Rediff.com17 Nov 2022

Deepening the funding crisis that startups have been witnessing for some time, the October inflows plunged 75 per cent on-year to $3.3 billion across 75 deals, including six large deals worth $2.2 billion, according to an industry report. Exits touched half of the inflows at $1.6 billion across 15 deals in the reporting months, a significant improvement over the previous month which saw just $653 million worth of exits across 24 deals, but 69 per cent lower on-year basis, according to the numbers collated by EY for the Indian Private Equity & Venture Capital Association, the umbrella body the PEs and VCs. However, the report said, on a month-on-month basis, the inflows continued to grow, clipping at 60 per cent over the September numbers.

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.

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.

Tisco, L&T in port venture

Tisco, L&T in port venture

Rediff.com7 Feb 2004

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.

'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.

Karnataka's Locals Push Draws Flak

Karnataka's Locals Push Draws Flak

Rediff.com1 Mar 2024

'Such steps would be a barrier and something people do not want.'

How To Start A Business: 14 Tips

How To Start A Business: 14 Tips

Rediff.com1 Apr 2024

Business success often involves a combination of planning, implementation, and continuous learning, says rediffGURU Harsh Bharwani.

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.

'We Are Building Products For The World'

'We Are Building Products For The World'

Rediff.com11 Jun 2024

'We want to prove to the world that they will get the best code written from a small place like Wayanad.'

Tata Motors: Positives fully priced in, analysts still upgrading the stock

Tata Motors: Positives fully priced in, analysts still upgrading the stock

Rediff.com21 Apr 2024

There is no impediment to normal operations as Tata Motors puts in place the demerger process of its commercial and passenger vehicles businesses. Instead, the demerger would provide greater manoeuvrability for both new entities to operate independently, according to Tata Motors management. While there may not be immediate value unlocking, it will give investors clarity about future growth and the financials across different segments.

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.

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.

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.

Why everyone wants a pie of Adani Green Energy

Why everyone wants a pie of Adani Green Energy

Rediff.com24 Sep 2023

French energy giant TotalEnergies SE's $300 million investment in clean energy projects of Adani Green Energy Ltd has taken the total investments poured in by global investors in India's largest renewable power producer to $1.63 billion or about Rs 14,000 crore, sources close to the company said. Last week, Total announced it will hold a 50 per cent stake in the new joint venture firm where Adani Green Energy Ltd (AGEL) will hold the rest. The joint venture will hold a portfolio of 1,050 MW, including 300 MW of already operational capacity, 500 MW under construction and 250 MW under-development assets with a blend of solar and wind power.

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.

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.

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.

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.

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.

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.

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.

First realty fund approved

First realty fund approved

Rediff.com27 Jan 2005

'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.

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".

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.