It may not be a stretch to suggest that we are now into the second wave of the startup phenomenon. The segment has shown consistent high growth in terms of numbers aggregating 5,000 and counting. In the last couple of years, the B2B segment particularly has shown healthy growth. This year, having garnered almost…
City-based FixNix is the only Indian company to feature in RegTech 100, a list of world’s most innovative companies that every financial institution needs to know about in 2018. The 100 companies were chosen by a panel of industry experts who reviewed an analysis of 416 RegTech companies that was undertaken by data and research…
The government is working with the World Bank to recognise over 200 reforms that will help propel India into the top-50 bracket in ease of doing business. The government is working with the World Bank to recognise over 200 reforms that will help propel India into the top-50 bracket in ease of doing business, according…
Failure or success of any start-up also depends on the idea that drives it, Finance Minister Arun Jaitley said when asked why several Indian start-ups have failed over the past three years. There is no country in the world that has a 100 per cent success record of start-ups and the failure or success of…
OPIC’s budget comes from Congress, but the money it makes goes back to the U.S. Treasury. The U.S. government plans to spend hundreds of millions of dollars in venture capital funds overseas as part of an expanded federal program to do good around the world through what’s known as “impact investing.” The program, unveiled Wednesday…
When India’s venture capitalists ring in the holiday season this year, their mood will be more upbeat than it has been for the past couple of years. In the nine months ended September, venture capital-backed firms, a universe that encompasses seed stage start-ups, unicorns (start-ups valued at a billion dollars or more) and everything in…
Mumbai: The Tata group is not looking to sell its telecom business in its entirety, but will retain some valuable segments within the business, said a person familiar with the company’s plans on condition of anonymity. While the group will exit mobile telephony, a business that has been under tremendous pressure with heightened competition from…
British cybersecurity firm Digital Shadows has raised $26 million (£19 million) for its platform that searches the darkest corners of the internet looking for the chatter associated with threats against specific organisations. The Series C funding round was led by venture capital firm Octopus Ventures, with participation from Passion Capital, Industry Ventures, and several others.…
Google has signed a $1.1 billion dollar cooperation agreement with HTC, the technology company said in a statement on Thursday, after trading of HTC shares were halted on Taiwan’s stock exchange before the announcement. The move, first rumored earlier this month and then re-emerged this week , is the search giant’s latest attempt to juice…
Troubled Japanese conglomerate Toshiba agreed on Wednesday to sell its prized memory business to a consortium led by Bain Capital Private Equity. Toshiba, the world’s second-largest producer of NAND memory chips, said the deal was worth about 2 trillion yen ($18 billion). The deal could potentially help Toshiba plug a hole left in its finances…