With the recent imposition of demonetization, one must be absolutely clear of the fact that it is going to have an effect on the economy but this effect will be a temporary one. Demonetization and its implementation gave rise to a course of events which one may expect to be clearly evident in this year’s…
The co-founder of a fintech acquired by AMP’s shuttered venture capital arm says start-up entrepreneurs who choose to take investment from a big corporate player must have their “eyes wide open” and be careful about their motivations. Jemma Enright, who was also chief executive of budget management platform MoneyBrilliant which AMP New Ventures wholly acquired…
With the new year set in motion, everyone is looking forward to the budget that may come along with it and the effects it will have on the country all throughout its period of implementation. The government this year has decided many new approaches in this direction which may soon be disclosed. As an effort…
OurCrowd, a Jerusalem-based crowdfunding venture capital platform, is all set to spearhead its next India journey by identifying half a dozen startups and mulls investing around a total of $30 million. In an interaction with DH, OurCrowd CEO Jon Medved said he is buoyed by the growing global enthusiasm in the Indian startup ecosystem. “We…
Alright, before I take the plunge into revealing what I expect from the impending budget, let’s take a quick glance at numbers on how the Government has fared since its inception: Modi’s flagship Make in India initiative launched to create employment & self-employment saw huge traction with India’s gross FDI flow jumping by 27% a.k.a…
The United Arab Emirates has attributed the delay in setting up the $75 billion UAE-India Infrastructure Investment Fund on New Delhi’s failure in putting in place the necessary governance structures. The UAE is keen that New Delhi expedites the process and has also shown interest to have an ‘open sky policy’ in the aviation sector…
Credit ratings agency India Ratings and Research (Ind-Ra) on Monday said it has observed differential impact of demonetisation across asset-backed securities (ABS) transactions. According to the agency’s report — Indian ABS Escape Demonetization Stress Tests with Bruises — while the impact of demonetisation in the commercial vehicle (CV) and construction equipment (CE) loans has been…
After a record 2016, India’s top venture debt investors are preparing to ramp up their pace of investments this year as venture capital investments slow down. The numbers say it all. Venture debt player InnoVen Capital India, which is backed by Singapore’s sovereign wealth fund Temasek, is aiming to conclude at least 50 deals to…
Guangzhou: Alibaba Mobile Business Group firm UCWeb plans to invest Rs200 crore in India and Indonesia over the next two years to push distribution of user generated content through its UC News platform. “We will invest Rs200 crore over the period of 2 years in India and Indonesia to push user generated content like blogs,…
One out of five top executives of global corporations are apprehensive of investing in India because of concerns around frauds said Global Fraud and Risk Survey for 2016 published by Kroll, a global risk solutions provider. The report said that of the 545 respondents who were reached out to as part of the global survey…