India’s startup ecosystem has surged in recent years, positioning the country as a global hub for entrepreneurial dreams and innovation. With over 68,000 startups launched between 2014 and June 2023, India showcases immense potential for startup growth. Several factors contribute to this phenomenon, including a growing middle class, a tech-savvy youth population, and supportive regulations. The transition of Indian startups…
Addressing a captivated audience at the SPiCE Merger 2024 event in Colombo, Sri Lanka, Mr. Sanjay Kumar, a seasoned investor and entrepreneur, shared invaluable lessons gleaned from his diverse investment portfolio, culminating in the announcement of his latest venture, Rassense Private Limited, in the food services domain. Reflecting on his past investment in Gamestacy India Private Limited, Mr. Kumar emphasized…
In a bold move that underscores the transformative power of collaboration between academia and industry, the founder of ESKEYN Ventures has pledged a staggering $9.6 million to support the healthcare technology business incubator at the esteemed Indian Institute of Technology Hyderabad (IIT Hyderabad). This landmark contribution not only represents a substantial financial investment but also serves as a testament to…
In the dynamic world of startup ventures, the quest for capital is akin to searching for the proverbial pot of gold at the end of the rainbow. While equity financing often takes center stage, another contender has been quietly making waves in recent years: venture debt. This alternative form of lending, operating outside the conventional banking realm, is emerging as…
Jalandhar, Punjab: Union Minister for Youth Affairs and Sports, Anurag Singh Thakur, commended Prime Minister Narendra Modi’s commitment to job creation during his address at the Rozgar Mela held in Jalandhar, Punjab. Thakur underscored the significant strides India has made in fostering entrepreneurship, emphasizing the country’s burgeoning startup ecosystem, which now ranks as the third-largest globally with over one lakh…
10 Key Steps to Launching Your Successful Business Startup” Starting a business is an exhilarating journey filled with possibilities, challenges, and opportunities for growth. However, navigating the complexities of launching a startup requires careful planning, strategic thinking, and decisive action. Whether you’re a seasoned entrepreneur or embarking on your first venture, here are 10 essential steps to guide you through…
In an astonishing resurgence, Mumbai’s real estate market has shattered records and established new benchmarks in 2023, experiencing its most successful year since 2013, as reported by Knight Frank India. January-December 2023: The city, under BMC jurisdiction, witnessed a remarkable 127,139 property registrations from January to December, surpassing the previous year’s peak by an impressive 4%. This surge, reported by…
Despite the Centre’s fiscal deficit reaching just 50.7% of its full-year target by end November 2023, experts warn that it might slightly surpass the full-year target of 5.9% of the GDP. Analysts suggest that the fiscal deficit for FY24 could hover around 6% due to lower-than-anticipated nominal GDP growth. Devendra Kumar Pant, Chief Economist & Senior Director – Public Finance…
In a recent exchange filing, Life Insurance Corporation of India (LIC) announced a reduction in its shareholding in Tata Motors Limited, decreasing from 5.110% to 3.092% of the paid-up capital of the company. The shift resulted in a decrease in the number of equity shares held by LIC from 169,802,847 to 102,752,081. This reduction in holding, reflecting a 2% decrease,…
Investors celebrated a prosperous year in 2023, witnessing a substantial addition of Rs 81.90 lakh crore to their wealth. The robust performance was attributed to a combination of factors, including India’s resilient macroeconomic fundamentals, political stability following the BJP’s success in recent state elections, an optimistic outlook for corporate earnings, and signals from the US Federal Reserve hinting at three…
