Tag Archives: Investments

[Weekly funding roundup] Investments in startups down 76pc this week as India prepared for election results

Startup funding activity saw a significant slowdown in the fourth week of May ahead of the announcement of results for the Lok Sabha polls. Votes were counted on Thursday, and the incumbent Bhartiya Janata Party-led government returned to power with a strong majority. The week to Friday saw only $45.6 million raised across nine deals, down 76 percent from the previous week, when ... Read More »

Amol Dighe joins Madison Media as CEO, Madison Media Ultra & Head Investments

Madison Media has announced yet another senior level appointment of Amol Dighe as Chief Executive Officer, Madison Media Ultra and Head Investments based in Mumbai. Dighe will look after the agency’s Madison Media Ultra unit which handles Godrej and Marico accounts. In addition, Dighe will be Head of Investments for Madison Media Group. Dighe is a seasoned media professional with ... Read More »

Equity MF Investments Fall Over 71% In June Quarter

New Delhi: Investments in mutual fund equity schemes plunged over 71 per cent year-on-year to Rs 9,400 crore in the first quarter of the current fiscal year, largely due to market volatility. In comparison, MFs had witnessed inflows of Rs 32,933 crore in equities during the April-June period of the previous fiscal year (2015-16). According to data from Association of ... Read More »

Uber to make investments ‘sizable component’ of $3.5 Billion investment on India

online taxi aggregator Uber will invest in India a “big portion” of the $three.5-billion (roughly Rs. 23,213 crores) funding raised from Saudi Arabia’s sovereign wealth fund, as the us-based company is looking to overtake nearby rival Ola. Uber has raised $three.5 billion from Saudi Arabia’s sovereign wealth fund, valuing the company at $62.5 billion (kind of Rs. four,20,544 crores) and ... Read More »

NSE to Auction Investments Worth Rs 4,681-Crore in Government Debt

New Delhi: Leading bourse National Stock Exchange (NSE) will auction investment limits for overseas investors for purchase of government debt securities worth Rs. 4,681 crore on Tuesday. The auction will be conducted on NSE’-ebid platform from 1530 hours to 1730 hrs — after the close of market hours on Tuesday, March 8, the exchange said in a circular. The debt ... Read More »