The SFB, an urban coop bank earlier, has a large presence in UP and MP; It has over 560,000 unique customers and runs 46 branches and 21 exclusive Business Correspondent Branches across northern India
In a Q&A, Bala Srinivasa and Rahul Chandra, explain why it is essential for any company today to service the Middle India market in the country's smaller towns in order to thrive
145 new companies were set up in India in the past two years - 123 in 2021 and 22 in 2022: Tracxn data
The firm now has an AUM of Rs 3,800 crore across its three debt funds, raised from domestic investors
Venture funding data indicates that Indian start-ups are in the middle of a harsh funding winter. While the global situation is not good, the slowdown is more pronounced in India. Let us find out why
The decline in Q3 CY2022 is even sharper on a year-on-year basis
… keeping an eye on democratising finance in India
FinMin panel has sought inputs from the Big Four audit firms
The FM was chairing the performance review of PSBs on credit and other welfare schemes for scheduled castes
The council was formed to strengthen governance practices for VCs and start-ups and continue working with govt and its agencies to improve the environment for venture capital in India
The Finance Ministry has set up a high-level panel headed by former Sebi chairman M Damodaran to look into issues being faced by venture capital (VC) and private equity (PE) investors
Finance minister Nirmala Sitharaman in her FY23 budget had proposed to set up the committee
The month recorded the highest ever exits at USD 3.1 billion, making it the best month from sell-offs perspective, according to the report by industry lobby IVCA and the consultancy firm EY.
"The conversations between the investors and GoMechanic are still going on and one of the investors has also shared the term sheet with the firm," said a person familiar with the development
European venture capital transactions raised nearly $57 billion, down just 4 per cent from the same period last year, according to the data provided by analytics firm PitchBook
Fundamentum plans to fund enterprises that have attained product-market fit and developed momentum in their scale-up journey
Going ahead, all AIFs and VCFs will have to file an application before the market regulator for allocation of overseas investment limit in a format specified by Sebi
"With a significant 15 per cent commitment from the General Partners, the fund plans on deploying this capital over the next 3-4 years," Cactus Venture Partners (CVP) said in a statement.
9 exits were recorded of $322 mn, the lowest number of exits since January 2021
Web3 Discovery will give entrepreneurs access to investors like Tiger Global, Ribbit Capital, Coinbase Ventures