India’s investment landscape has transformed over the last decade, with a significant shift from fixed deposits to equities and alternative investment avenues such as P2P lending and private equity. This change reflects dwindling fixed deposit rates and greater diversification in investment options. Despite the shift, different age groups maintain distinct investment preferences. Furthermore, with India’s booming startup scene, the country presents opportunities for substantial growth and innovation in its investment environment. It’s vital for investors to stay informed, adaptable, and to tailor their portfolios based on age, risk tolerance, and personal goals.
Startups
Shiprocket Raises $11 Mn From Mckinsey’s AFOS
Advertisements Logistics platform Shiprocket has recently raised USD 11 million in funding from McKinsey’s investment entity AFOS. This investment will give McKinsey a 0.91 per cent stake in Shiprocket. Shiprocket reached unicorn status in August 2022 with a valuation of… Read More ›
VinFest Plans To Setup EV Unit In India
Vietnamese electric car manufacturer VinFast plans to invest $150-$200 million to establish an electric vehicle assembly unit in India, aiming to begin operations by 2026. The unit, with an initial capacity to produce 50,000 cars annually, is part of VinFast’s strategic move to capitalize on India’s growing electric vehicle market, currently penetrated by only 1%.
Visa Launches $100 Mn Fund For Generative AI Startups
Advertisements Payments processor Visa on Monday launched a USD 100 million venture fund for generative artificial intelligence (AI) startups. According to media reports, several high-profile names such as Microsoft and Alphabet’s Google have backed the AI space across the globe. Generative AI is a technology that… Read More ›
Oyo’s Ritesh Aggarwal Joins As New Jury Chair In Shark Tank India
Advertisements Ritesh Agarwal, Founder and CEO at OYO Rooms, is the latest entrant on the jury board of Shark Tank Reality Show. The announcement came by Ritesh on X as the show begins to be premiered on Sony Liv. Upon… Read More ›
AlphaSense Secures $150 Mn In Series E Round At $2.5 Bn Valuation
Advertisements Market intelligence platform AlphaSense raised USD 150 million in a Series E round of funding that boosted its valuation to USD 2.5 billion, according to a leading news wire. The round was led by BOND and joined by existing… Read More ›
Boult To Expand Into Offline Retail Markets Across 13 States
Advertisements Smart wearable brand Boult said on Friday that it is eying for expansion into offline retail markets across 13 states in India. It aims to bring the company’s premium audio and wearable products closer to consumer towards fitness and… Read More ›
Startup Founders Including Paytm and Zerodha Write To TRAI, Demand For Net Neutrality
Advertisements Nearly 129 startup founders, including Paytm’s Vijay Shekhar Sharma, PhonePe’s Sameer Nigam, Zerodha’s Nithin Kamath and Razopay’s Harshil Mathur , have urged Telecom Regulatory Authority of India (TRAI) for implementation of net neutrality in India. The letter sent by… Read More ›
Profitability: Shallow Or Sustainable?
Advertisements Amidst a funding crunch, startups have begun sharing their profitability scorecards. Interestingly, this trend spans from giants like Zomato to startups such as OfBusiness, Unacademy, Meesho, Swiggy, Oyo, Pharmeasy, and more. These startups have adopted various metrics to claim… Read More ›
Venture Catalysts Exits From Koovers, Bags 2.1x Returns
Advertisements Venture Catalysts, an early-stage investment firm, has made a full exit from its portfolio company, Koovers, a B2B ecommerce platform for auto spare parts, with 2.1x returns in 1.5 year. Venture Catalysts (Vcats) exited its investment in Koovers post… Read More ›