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Hari Menon exits BigBasket; Sarvam cofounder on fresh fundingBigBasket's longtime leader Hari Menon has stepped down as CEO. This and more in today's ETtech Top 5.- Operation Octopus: Trapping the tentacles of India’s cyber fraud networkAmidst the alarming increase in cyber scams, the Hyderabad Police have initiated Operation Octopus, a mission aimed at dismantling the enti...
- Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
- Govt has eased FDI norms for foreign cos having small Chinese/Hong Kong stake: An explainerIndia has eased Foreign Direct Investment rules for companies with up to ten percent Chinese or Hong Kong shareholding. These firms can now...
- Indian startups raise $16.9 billion VC funding in 2021, next only to ChinaAn analysis of GlobalData's financial deals database reveals that a total of 828 VC funding deals were announced in India during January-Ju...
- RBI blocks NBFC plans of Mauritius-funded startupsThe move follows recent geopolitical developments that have spurred tighter scrutiny of Chinese capital coming into local startups via tax ...
- Huawei, Alibaba, Tencent among 7 Chinese firms in India with PLA links, claims governmentThe development comes after New Delhi banned 59 Chinese apps in the country. Xinxing Cathay International Group has set up a manufacturing ...
- Wary of FDI rules, Chinese VCs put new funding on holdChinese VCs are turning increasingly anxious about India’s new foreign direct investment policy.
- Private equity party set to continue in New Year; may see 15-20% growth in investmentsPE and VC investments soared 18 per cent to $44.2 billion at the end of November 2019.
- Chinese VCs bring what money can’t buy for startupsChinese investors have armed themselves with a suite of services for their portfolio companies in India.
- US firms dominate top 10 VC investors list in IoT tech space in 2018: GlobalDataThe investors participated in 52 funding rounds equating to a total proportionate investment value of US$350.2m in 2018.
- MyDermacy raises funds from Chinese VC firm Cyber CarrierAs part of this transaction, the venture firm has acquired 15-18% equity in the two-year old startup, people familiar with the matter said.
- Chinese fund ZDream acquires Xeler8Xeler8 offers a database of Indian startups, covering 47 industries, with curated information on their business models, funding, founder de...
- India hot-spot market for PE, VC: Industry officialIndia accounts for over 10 per cent of Singapore's VC and PE investments totalling USD 9.6 billion for four markets.
- VCs invest $1.6 billion in Healthcare IT firms in April-June quarterFor the first half of this year, close to $3 billion was raised through 286 deals, marking a 50 per cent rise, compared with nearly $2 bill...
- Healthcare IT venture capital funding at $ 4.6 billion in 2015: Mercom Capital GroupIn 2014, VC funding, including private equity and corporate venture capital, stood at $ 4.7 billion by way of 670 deals.
- Kashmir University plans to introduce Chinese language at IFLKashmir University is planning to introduce Chinese language as a subject at its Institute of Foreign Languages, Vice Chancellor Talat Ahma...
- Slump in solar funding continues in 2013: Mercom Capital GroupAccording to research firm Mercom Capital Group, the slump in venture capital funding, which started in Q3 2012 continued with VC investmen...
- Global VC deal activity edges up in Q2 2012: PreqinGlobal venture capital deals' value in April-June 2012 touched USD 10.9 billion -- the largest amount of aggregate capital since the third ...
- India to speed past UK in VC investments by 2009India expected to overtake global leader UK by 2009 if the current trend persists, a latest UBS-sponsored report said.
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