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.
The government will "revamp" the Small Farmers Agri-business Consortium to convert it into a venture capital fund, finance minister P Chidambaram said on Friday.
Austria-based manufacturer of branded circuit boards, Austria Technologie & Systemtechnik AG (AT&S) has acquired ECAD Technologies, a Bangalore-based IT company, for a total consideration of Rs 7.5 crore (Rs 75 million), it was announced on Friday.
The company plans to add more features to its gadget, will expand its workforce and raise $10 million in venture capital fund.
Citigroup has made an open offer to acquire 20 per cent stake in textile company JBF Industries Ltd at a price of Rs 46.50 per share.
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.
Underscoring the need to boost the start-up ecosystem, the Reserve Bank on Tuesday said it will simplify rules and regulations which impede their growth and ensure that an entrepreneur does not have to run from "pillar to post" to start a business.
India's economy could prove to be the "most resilient" in the subregion of South and South-West Asia over the long term, according to a report by the UN, which says a positive but lower economic growth post COVID-19 pandemic and the country's large market will continue to attract investments. The report titled 'Foreign Direct Investment Trends And Outlook In Asia And The Pacific 2020/2021', and compiled by United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), stated that inward FDI flows to South and South-West Asia slightly decreased by 2 per cent in 2019, from $67 billion in 2018 to $66 billion in 2019. The growth, however, was mainly driven by India, which accounted for 77 per cent of the total inflows to the subregion and received $51 billion in 2019, up 20 per cent from the previous year.
The RBI is of the view that it cannot carry out satisfactory due diligence for granting registration because the funding is from a jurisdiction that has been identified by FATF as having weak measures to combat money laundering and terrorist financing.
In 2019 investors backed some of the major online healthcare and pharmacy retailers, with PharmEasy leading the deal list. The firm raised funds through the year to bring in around $220 million and the round is yet to be concluded, according to Venture Intelligence data.
PE investors' love affair with this food saw SAIF Partners last year investing Rs 40 crore (Rs 400 million) in TMA Hospitality Services, which owns Ammi's Biryani, a Bengaluru-based QSR chain.
Foreign venture capital worth $1.5-$2 billion and another Rs 10,000 crore (Rs 100 billion) from Sidbi's SSI Fund are expected to bolster small companies in the country this year, according to industry experts.
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.
After years of disappointing growth, the economy and the markets are poised for a breakout, notes Akash Prakash.
Do India's laws governing the Internet need revolutionary change, asks Ajit Balakrishnan.
The quarter also saw exits worth $1.9 billion across 37 deals, 59 per cent higher YoY. This was driven by one of India's largest PE-backed IPO exit, the $1-billion partial exit by Carlyle in the SBI Cards IPO.
'One good thing that has come out of all this is that it shown people that online ordering is the way forward.'
In contrast to the growth on IT and ITeS front, disbursements of venture capital and public equity funding halved to $540 million during 2003 in India
Snapdeal has a number of shareholders including Ontario Teachers' Pension Plan, PremjiInvest, Ratan Tata, Foxconn, Temasek and BlackRock, among others.
Time has now come for a pathbreaking 'Entrepreneurship Bill' pleads venture capitalist Soumitra Sharma.
In order to make it hassle-free, various start-up support groups such as TiE (The Indus Entrepreneur) and India Angel Network (IAN) are partnering with the digital NBFCs to extend debt finance to their member companies.
Webvan, which blew more than $800 million in just over three years, is rising from the dead - in the form of an online grocery business called AmazonFresh.
Tata made personal investments in four companies last year.
The number of deals announced in the month were the highest ever at 102 for any month, compared to 75 in the same period last year and 92 deals in March.
As funding from foreign private equity and venture capital firms is the lifeline for most online retailers, the restriction on foreign direct investment is threatening to block any fresh investment into the sector.
In India, he has already made investments in both his personal capacity and through DST Global, his venture firm.
The institute's incubation cell claims the start up mortality rate in the incubators are lowest.
Over the last 12 months, thanks to bold bets by venture capital firms like Sequoia, SoftBank Vision Fund, and foreign strategic investors like Naspers, pipeline of start-ups with potential to achieve $1 bn in valuation is at an all-time high.
Earlier in 2012, the Gurgaon-based firm with 5,000 employees and top line revenue of close to $100 million, had put on hold plans for a Nasdaq listing citing market conditions.
Over 5 million alumni from the Indian Institutes of Technology, Mumbai University and Institute of Chemical Technology, Mumbai, plan to raise Rs 21,000 crore to start the world's largest infection testing lab in Mumbai.
Beleaguered Indian Premier League (IPL) franchise Deccan Chargers' inability to find a buyer has put the Board of Control for Cricket in India (BCCI) in a quandary.
In the past few days, many companies, including fashion e-tailer Nykaa, food delivery platform Zomato, logistics and delivery firm Delhivery, insurance discovery platform PolicyBazaar, eyewear retail chain Lenskart, and edtech and online tutoring firm Byju's, have openly spoken about their IPO plans.
Pravin Jadhav and Kulin Shah, Co-Founders at Wishberg share with us the 14 lessons they learnt while setting up their business.
According to the author, these ideas will change the way entrepreneurs think and succeed in their ventures.
The Board of Control for Cricket will invite fresh tenders for Indian Premier League franchise Deccan Chargers after a bid from PVP Ventures was rejected by the Hyderabad-based team at an auction in Chennai on Thursday. Deccan Chargers had put their team up for sale and PVP Ventures were the only ones interested, but their bid of Rs 900 crore was rejected by the 2009 IPL champions.
Early this week, Sebi notified AIF regulations for private equity, hedge funds, venture capital funds and real estate funds, among others.