Page 7 - Financial Investment

VC firm gradCapital launches $6 million fund for students' startups

The VC fund on Friday said it will offer a standard cheque of USD 40,000 (Rs 33 lakh) at 4 per cent equity in companies set up by students

Art, watches & luxury handbags to see the highest interest from ultra-rich

According to a report by Knight Frank, 53 per cent of ultra-high-net-worth Indians are likely to purchase these three items in the current year

Tech boom? India to see 40 startups launch IPOs in the next two years

SaaS, B2C Product Companies, and FinTech are amongst the most promising categories to produce IPO-ready companies.

Gold demand in India this year could fall 10% to hit 3-year low: WGC

In the June quarter, scrap supplies jumped 61% from a year ago to 37.6 metric tons, the highest in nearly 3 years, the data showed

With 70% drop in funding, startups in India begin reducing burn rate

Number of profitable unicorns is projected to grow across most sectors in 3-4 years, from 30 in FY22 to 55 in FY27.

VC firm Omnivore announces first close of third fund at $150 million

Omnivore Agritech and Climate Sustainability Fund, launched last April, will focus on startups developing breakthrough tech for agriculture, food, climate, and rural economy

RTP Global closes $1bn fund, will make third of investments in India

Fund will invest in sectors that include artificial intelligence, enterprise software, fintech

Private equity investments in real estate sector down by 20% YoY in H23

Investors turn cautious on geo-political worries, recession fears

Accenture plans to pump in $3 billion for data and AI in three years

India will be crucial part of the plan, since it is one of the largest delivery centres of the company

FDI equity inflow contracts 22% to $46 billion in FY23: Govt data

The trading sector amassed $4.79 billion in FDI but contracted YoY

Investments by sovereign wealth funds surge 56% in 2022: SWFI analysis

SWFI has announced a Global Wealth Conference (GWC), taking place in London on May 31 and June 1 in London

Senior citizens scheme sees investment of over Rs 10,000 crore in April

The interest rate for SCSS was increased to 8.2% from 8%, and that of the monthly income scheme was increased to 7.4% from 7.1%

ICICI Prudential Life Insurance launches new debt fund for long-term

This fund is available for investments with the company's flagship unit-linked insurance plans

Investor queue outside IEPF grows longer by the year, shows data

The value of dividends lying unclaimed is Rs 5,539.25 crore as of October 2022, according to Lok Sabha data

India's economic growth prospects have brightened, says Fitch Ratings

Agency says robust growth outlook offset by weak public finances

AIF commitments jumped 30% to Rs 8.33 trillion in FY23, shows data

Industry experts see more inflows as HNIs and wealthy investors shy away from debt MFs

Multiples Alternate announces $640 million first close of PE fund

Indian private equity firm Multiples Alternate Asset Management on Wednesday announced the first close of a $640 million fund aimed at investing in domestic companies

Suzlon Energy announces early redemption of FCCBs worth $35.9 million

Suzlon Energy on Wednesday announced early redemption of USD 35,931,200 Foreign Currency Convertible Bonds (FCCBs) which were due for payment in 2032

Impact of MPC decisions to show in 4-5 quarters, says Shashanka Bhide

'The rate hikes started in May 2022 and cumulatively there is a significant increase in policy rate (250 basis points)'

KKR to invest in consumer retail, healthcare and tech firms, says Co-CEO

PE firm, which is sitting on a $100 billion cash pile, is also keen to participate in PSU bank privatisation