Leading industrialist Nadir Godrej is reasonably sure that India’s retail inflation is under control and that the Reserve Bank of India (RBI) is not likely to raise interest rates by…
Category: Companies
Lighthouse Canton marks first close of India-focused debt fund at Rs 155 cr
Singapore-based investment and wealth management firm Lighthouse Canton, which launched in India in 2020, has announced the first close of its maiden venture debt fund at Rs 155.4 crore. A…
What Mamaearth IPO papers tell investors about ITC, HUL, Marico & other traditional FMCG players
New-age personal and wellness brands such as Mamaearth (Honasa Consumer), WowSkin Science, Plum, Sugar and Good Glamm gained high traction during the pandemic due to their digital-first approach, but traditional…
Paytm Payments Bank gets final RBI nod to operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank on Monday said it has received final approval from the Reserve Bank of India to operate as a Bharat Bill Payment Operating Unit (BBPOU). Under Bharat Bill…
Here is why Infosys, TCS, and HCL Tech reduced hiring in Q3 FY23
Leading Indian IT services companies, TCS, Infosys, and HCL Tech, have reduced hiring significantly in the December-ended quarter of FY 2022-23 as compared to the previous quarters. This is being…
National Start-up Day: InnoVen Capital says high valuation of late-stage companies a concern; exit activity to be muted
InnoVen Capital, one of India’s earliest venture debt providers, with investments in the likes of BYJU’S, Swiggy, Myntra, Blinkit, OYO, PharmEasy, boAt, and several other unicorns, expects the tough funding…
Maruti Suzuki increases prices by 1.1% across models from today
Maruti Suzuki on Monday announced 1.1 per cent increase in prices of all its vehicles from today. “An estimated weighted average of increase across models stands at around 1.1 per…
National Start-up Day: Founders see consolidation, organic growth, sustainable biz models picking up in 2023
A year ago, while interacting with startups at the ‘Startup India Innovation Week’ organized by the Department for Promotion of Industry and Internal Trade (DPIIT), Prime Minister Narendra Modi had…
National Start-up Day: 5 Big trends to watch out for in 2023
The year 2022 was one that saw some expected and some unexpected changes in the Indian start-up ecosystem. Nevertheless, it brought several learnings for start-ups, venture capitalists (VCs), founders, and…
National Start-up Day: Why a downturn is the best time to launch a start-up? VCs, founders reflect
“Recession is the best time to start a company,” Baskar Subramanian, CEO and Co-founder of media-tech unicorn Amagi, repeats the often-stated assertion and substantiates with his own story. Subramanian, along…