UNICORN INDIA VENTURES
MyHQ gets $1.5 million in its Pre-Series A
The startup plans to utilise the funds to expand into new cities, introduce new product offerings and invest in tech infrastructure.
Rukam, others put Rs 7.5 crore in Svami
Svami manufactures and sells premium non-alcoholic drinks and mixers across retail stores, restaurant...
India needs to build venture capital industry: Uday Kotak
We need to be able to have a policy framework which supports transition from inform...
JKB Infra ties up with Frech firm for redevelopment of railway stations in India
The project will work to redevelop, reconstruct and renovate India's major railway stations to surpass world-class standards and focuses on key stations to positively impact 100 cities and 16 million passengers per day
Making innovation a way of life
Product innovation is relatively easier because it concerns only a few employees in the company. Simply put, it refers to a change in an existing product, in terms of physical appearance or performance. So, it could be an additional camera on a phone or a revamped dashboard in an automobile.
B2B unicorns need 50% less funds than B2C
India's unicorn club has increased from just about nine companies at the start of 2018 to close to 30 now, collectively valued at about $100 billion, according to an Iron Pillar report.
Sathguru Catalyzer Advisors commits $4 mn investment in Telluris Biotech India
The Fund invests in innovation driven growth ventures with potential to transform the farm produce and market ready food products.
New norms to ease restrictions on FDI by joint ventures of Indian companies
To increase the flow of foreign funds, govt may ease restrictions on FDI by JVs or WOS of an Indian company.
Share market update: Nifty Financial Services index down; Indiabulls Ventures slips 3%
The Nifty Financial Services index was trading 0.36 per cent down at 13,969.95 around 12:06 pm.
AMJ Ventures invests $2 million in StyleCracker
This is AMJ’s third and largest investment in India since starting the family business earlier this year. The office was started after a partial exit from Brillio which received investment from Brain Capital this January. Before StyleCracker, AMJ made investments in Avail Finance, a Bangalore-based loan financing service and Propelld, a lender for higher education courses.
How funds are boosting legal firepower in India
As offshore investors increase their India play, they are setting up inhouse teams here to advise them on local laws and regulatory nitty gritty.
Valuations set for a correction in 2020, says Norwest’s Haque
There comes a time in the cycle when investors get really cautious and we're in that part of the cycle right now, which is why you're seeing Uber and Lyft and even WeWork not getting valued at their private rounds, says Norwest's Promod Haque.
Co-working platform myHQ raises $1.5 mn to fund expansion
myHQ said it plans to utilise the funds to expand into new cities, introduce new product offerings and invest in their technology infrastructure.
Toyota to stop selling small diesel vehicles in India post BS VI
Toyota is looking at stopping sale of small diesel vehicles post the transition to BS VI emissions standards.
How big is 'E' theme for stock investing; is it too early a bet?
Many established business houses have set up online transaction channels.
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