The funds will be used to accelerate growth across India, the US and the UAE, strengthen technology and brand leadership and explore inorganic growth opportunities, the company has said
Sebi was responding to a query from FirstPort Capital Angel Fund. The fund also asked the regulator about the eligibility of a trust to become an angel investor.
On July 23, Finance Minister Nirmala Sitaraman proposed to abolish the angel tax for all investor classes while presenting the Union Budget 2024.
Unacademy's Gaurav Munjal and Jupiter's Jitendra Gupta's investment activity fell significantly, keeping them off the list this year. Munjal's investments decreased from 18 to eight this year, while Gupta only made five deals compared to 18 in 2021.
Founded in October 2020 in Mumbai, in the past 23 months, WFC has invested in 70+ startups at their early stage and mentored them through various initiatives.
Wehouse, a prop-tech startup, tries to simplify the construction process by bringing all entities involved in building a home under one roof.
As a startup founder if you see no objections from potential investors to your assumptions, or questions on your projected numbers, or inputs on your business model, then you are not getting their money. But not getting dejected is the key. See rejection as valuable feedback rather than an outright ‘no’.
Gupta and Rau have been among India’s most active angel investors, with over 100 companies backed between them. Their portfolio includes fintech CRED, gaming firm MPL, craft beer maker Bira, neobank Open and digital ledger Khatabook.
Spreading your investments over a number of start-ups as opposed to parking all your capital in just one entity is one way to becoming a successful angel investor.
In this episode of The Private Market Show, Mediacorp's Parminder Singh talks about the motives of investing in startups, portfolio diversification and how he evaluates the team before investing. Tune in to the podcast to know more
Many early-stage ventures and even small businesses are opting for revenue-based financing (RBF) instead of approaching venture funds or angel investors. Below is a primer on how it works
On the whole, I’m set for this year to end on a somber note. But the optimist in me has found some cheery data in an otherwise dreary world.
With venture capital firms hoarding funds for their portfolio companies because of the Covid pandemic, angel investors are moving in and writing bolder cheques in these late-stage startups
The Hyderabad-based firm will utilise the funds to expand its sales and development team, Byndr said in a statement.
The buyback, which had lead investor Softbank's blessings, happened at whopping Rs 3.21 lakh per share. Remember, the early-stage investors had picked up shares in OYO for around 1,200 rupees three years back
Electric bike maker Tork Motorcycles has raised angel funding for an undisclosed amount from a host of marquee investors including Ola founders Bhavish Agarwal, Ankit Bhati and a group of angels led by Harpreet Grover, the chief executive and co-founder of CoCubes.
India's foremost conference that curates VCs and angel investors and connects them to high growth start-ups Letsignite 2016 saw over 250 investors from across the globe and a well curated presence of 20 high growth start-ups.
Noting that every start-up has to face a 'valley of death' as returns from innovation processes are skewed, President Pranab Mukherjee today said new-age financing options like angel investors, venture capitalists and crowd funding can meet the special needs of such projects in the formative stages.
We can adopt the simplified tax and administrative processes available in other countries.
Now capital is the life blood for start-ups and any policy for entrepreneurs must also address the concerns of angel investors and VCs that make capital available to start-ups
"For a successful start-up ecosystem there is need for enough angel investors who can support the budding entrepreneurs from early stage. But this is not happening in India and there is a serious lack of it," Nasscom Vice-President Rajat Tandon told PTI.
Favourable political climate, along with the marriage of interests between the investor & entrepreneurs, has given a fresh lease of life to the Indian market.
How do small businesses, the lifeblood of any economy, ensure that they have a sustainable funding solution that lets them grow in a competitive landscape?
Rahul Sood from Microsoft Venture Partners spoke about his big bets for 2014. This year Microsoft consolidated teams and launched its accelerator programmes in Bangalore, Beijing, Seattle and Tel-Aviv.