Page 161 - Specials News

Indian Angel Network takes international route for better returns

Indian Angel Network channelled 20% of its funding into companies abroad (mostly US and UK-based firms) in the past two years

Seed-stage fund Prime Venture Partners raises Rs 4 bn in third fund

The firm typically invests about $1 mn in the initial round and reserves $2-4 mn for follow-on rounds

KKR's realty NBFC to borrow $600 mn to bolster lending business

Singapore government-owned GIC is one of the main investors in KKR India Asset Finance, which has a loan book of $400 million

Graphics: Key deals last week

There were 13 deals worth $25.74 million and one exit in the last seven days ended March 07, 2018

Pepperfry raises Rs 2.5 billion from State Street Global Advisors

This is the highest amount of capital raised by an e-commerce furniture and home products company in India till date

A born-again bank! Fairfax deal a shot in arm for CSB's turnaround strategy

Fairfax's interest in CSB reaffirms this growth strategy

PE investments up three-fold to $1.4 bn in February led by IIFL, ASK Group

Biggest investment worth $170 min was led by IIFL's purchase of 30% stake in NSDL e-governance infrastructure from IDBI Bank

Smartphones nearly killed this Singapore stock; Elon Musk saved it

The rise of the smartphone almost broke Tze-Mon Chuang's company- Elon Musk provided its salvation

PE funds eye rich pickings from bankruptcy resolution

Sustained interest lies in the transparency of the process and some early success stories

Search for universal Hindi hit: How multiplexes skew Indian film market

With ticket sales falling 60% over the past decade, Industry laments paucity of universal films that work across single-screens and multiplexes

Karti Chidambaram owes his rise and troubles to his parent's high profile

While Karti followed in the footsteps of his father and studied overseas, he hasn't quite had the same success as his father either in his profession or politics

China bans Winnie the Pooh, the letter 'N' after Xi's power grab

China's state-run news outlets have played down the move, as if in hopes that most Chinese simply will not notice, or care

A Snapshot of pe activity & deals

The top five deals this year accounted for 71.65% of the total investments in deal value

Alteria Capital makes first close for $125-mn venture debt fund

There's a lot of interest from banks to invest in venture debt as it can offer 10-12 per cent in post-tax returns with potential equity upsides

Mutual fund firms Mirae, Axis plan realty foray

Before joining Axis, he was managing director of Indic Capital Advisors, supervising the $630-million Sun Ares Real Estate Opportunity Fund

Do your children dream of YouTube stardom? Crush that ambition now

'Success' on YouTube still means a life of poverty

Uber, Ola enter new phase of competition, take a risky road to growth

With the Uber CEO affirming its commitment to India, the big two ride-hailing aggregators are entering a new phase of competition

Impending US barriers on steel imports will impact Indian industry

India is exporting around 10% of its steel production while imports meet 9% of our steel use

China's Silicon Valley dangles carrots to lure foreign talent

Foreigners with permanent residence will also be allowed to head national-level innovation projects

Britain's big banks trying to catch up with fintech firms by making apps

HSBC, Lloyds Banking Group and the Royal Bank of Scotland are at various stages of producing cutting-edge apps that will allow customers to pull data from different accounts