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Elev8 becomes the 12th India-focused VC firm to raise large multi-million dollar funds. In 2022, India-focused VCs have raised over $6.5 billion.
Gaurav Jain has been heading the health unit in India since 2017.
The company, which started operations in 2010, currently has 12 properties in India.
India is the new start-up nation! With third highest start-ups launched in the world after US and UK in the year 2015. To build the investors‘ confidence and brand reputation, to drive the top line growth and protect the bottom line, it‘s imperative for any start-up to be ready
Press Note 3 of 2016 issued by DIPP is a masterstroke of regulating a e-commerce model and but making way for many more business models not only for e-commerce entities but also for Indian Startups , Manufacturers and offline retailers wherein the society is ultimate beneficiary.
The start-up founders motivated by the vision and fuelled by the passion of making it a success usually overlook the rules and regulations laid down by the government to run their segment of business.
The shares will be listed on the SME platforms of the BSE and National Stock Exchange (NSE).
"Trend in global markets, crude oil prices, Economic Survey, reform measures announcement in upcoming Railway Budget and rupee-dollar movement will dictate trend on the bourses. Indices may remain volatile with positive bias ahead of expiry of February series derivative contract in the week ahead," said Gaurav Jain, Director, Hem Securities.
After pulling out hefty funds from the capital market over the past two months, overseas investors have turned net buyers in October so far and pumped in over Rs 2,000 crore, buoyed by RBI's 50-bps rate cut and an expected delay in rate hike by the US Federal Reserve.
How Gaurav Jain took Swastik Roadlines, a small trucking company in Gwalior, Madhya Pradesh, from nothing to one of the largest cold chain logistics company in India.
Pallavi and Gaurav Jain pulled a rabbit out of their hat by running a successful North Indian restaurant chain in South India. Now, they want to try their luck in the rest of the country.
