Page 7 - Funds

Stay invested in US funds even if returns aren't attractive currently

It helps to diversify geographically; while YTD returns of Indian markets are positive and US markets negative, the opposite will also happen at some other time

SoftBank's Masayoshi Son discusses setting up third Vision Fund: Report

The 65-year-old entrepreneur has raised billions of dollars in cash recently and sees another startup fund as one of several possible priorities for the money

Construction management start-up Powerplay raises $7.14 mn in funding

The company will use the funds to expand its business in India and abroad. Powerplay said the value of construction managed on its platform from January to June 2022 is worth Rs 7,500 crore

Inox Wind's Board approves fund raising of upto Rs. 800 Crores

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Bed Bath & Beyond rally fizzles out as billionaire plans to dump stake

Billionaire investor Ryan Cohen's investment vehicle RC Ventures intends to sell 9.45 million shares, a filing late on Wednesday showed

Weave Capital launches $75 mn venture fund; aims first close at $20 mn

The fund is the venture arm of SPVH group, a global investment and holding company having different verticals and business interests

Zomato's weightage in FTSE indices to rise to 24.9% from August 11

Shares of Zomato gained 2 per cent to close at Rs 55.6

Engineering company Fabrication Bazar raises Rs 7 cr in seed round

Fabrication Bazar, which was founded in 2016 by Dwaipayan Dutta and Mohit Garg, has developed a cloud fabrication and tracking platform for manufacturing

Target maturity funds are better than FMPs for locking in returns

They are more transparent and control both interest-rate and credit risk

PhonePe reaches settlement with Affle Global to acquire Indus OS

The acquisition was closed after a months-long legal dispute between PhonePe and AGPL and Ventureast Fund on the valuation of IndusOS, which is alternatively called OSLabs.

PriceLabs raises $30 mn from Summit Partners, plans to accelerate hiring

PriceLabs was founded in 2014 to bring Artificial intelligence (AI) and analytical tools to owners and managers of vacation homes and short-term rentals

Match limited exposure with long investment horizon for small-caps' safety

Hold only a couple of funds and diversify across growth and value style

HDFC raises Rs 4,000 cr via 21-month paper, attracts bids of over Rs 70K cr

Companies, including HDFC, Tata Capital Financial Services, LIC Housing Finance and Haldia Petrochem raised over Rs 6,000 crore on Wednesday

India-dedicated funds follow global EM trend as outflows hit $547 mn in May

In all, funds tracked by EPFR saw net outflows of $1.2 billion, accounting for nearly a fourth of $5.2 billion outflows by FPIs in May

Invest in dynamic bond funds to navigate impact of interest rate cycle

They outshine short-duration funds: Fund managers

India-focused funds on road to raising around $9.8 bn in CY22: Data

While $9.8 billion is the target for the year, about 18 India-focused funds have already raised $1.74 billion. But what is more substantial is the fact that Asia-focused dry powder is $173.4 billion

Vodafone Idea board to consider Rs 500-cr fundraising on Wednesday

The infusion, the second in two months, comes ahead of the 5G spectrum auction that will see Indian telecom companies battle for airwaves in multiple bands

Long-short funds hold fort, deliver 0.17% returns amid market rout

Long-only funds are down 5.85 per cent on a median basis over the last month, according to data from tracker PMS Bazaar

Investors fear sustained rate hikes, switch to liquid and overnight funds

G-sec yield has remained under pressure in the past few days due to the concerns over rising inflation and crude oil prices

MoEngage raises $77 mn in round led by Goldman Sachs Asset Mgt, B Capital

This is Goldman Sachs Asset Management's first investment in an Indian SaaS company