Archives
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NEWS 
January 25, 2022 LTCG tax impact: Equity mutual funds see huge redemptions in March
The mutual fund industry witnessed huge redemptions in equity schemes in March as investors lined up to redeem their units and save on 10 per cent long-term capital gains tax that the government has proposed. According to data released by Association of Mutual Funds in India, while the gross investments into equity schemes of mutual […]
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ALL DEALS 
August 13, 2016 Make allocation to ELSS funds based on tax saving requirement
iStockPhoto I am 24 years old and planning to make an 80:20 allocation between equity and debt to build my mutual fund (MF) portfolio. By the end of the year, I want to have a portfolio with 34% in equity-linked savings schemes (ELSS), 46% in equity and 20% in debt. For ELSS, I am investing […]
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ALL DEALS 
April 1, 2016 Transcell Biologics raises funds from Indian Angel Network
Transcell Biologics was started in 2009 by Dr. Subhadra Dravida who has 16 years of experience in stem cell research. New Delhi: Indian Angel Network (IAN), a network of angel investors who invest in early-stage businesses, has invested an undisclosed amount in Hyderabad-based healthcare start-up Transcell Biologics in a round led by angel investor Sanjay […]
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NEWS 
March 30, 2016 HealthEminds raises funds via angel round led by cricketer Robin Uthappa
HealthEminds connects counselors, psychologists and coaches to individuals in need through secure video, telephonic and chat communication systems through its platform. Bengaluru: HealthEminds Pvt. Ltd, a healthcare start-up which focuses on providing instant and affordable online counselling programmes for mental and emotional health, has raised an undisclosed round of angel funding led by cricketer Robin […]
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NEWS 
March 16, 2016 DogSpot raises funds from Ratan Tata, others
Dheeraj Jain, partner at Redcliffe Capital, a UK-based hedge fund, existing investors Ronnie Screwvala, K. Ganesh and early-stage investment firm India Quotient were among others who invested. New Delhi: PetsGlam Services Pvt. Ltd that runs online pet supplies store Dogspot.in on Monday said Ratan Tata, chairman emeritus of Tata Sons Ltd, has invested in the […]
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HOME & GARDEN 
March 16, 2016 Home services start-up Gapoon raises angel funds
Bengaluru-based Gapoon, founded in 2015, earlier raised an undisclosed amount in angel funding in July. Bengaluru: Home services start-up Gapoon Online Consumer Services Pvt. Ltd on Tuesday said it has raisedRs.1.2 crore in angel funding. Bengaluru-based Gapoon, founded in 2015, earlier raised an undisclosed amount in angel funding in July. It operates an on-demand as […]
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NEWS 
March 16, 2016 IFMR Holdings raises funds from Proparco
IFMR Holdings plans to facilitate funding through newer products in the debt credit offering arm IFMR Capital. Hyderabad: IFMR Holdings, a financial inclusion company which offers services such as wealth management to the poor and arranges credit for rural services companies, has raised Rs.12.5 crore from Proparco, a French development financial institution, the company said […]
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NEWS 
March 11, 2016 Qdesq raises funds from investor Dheeraj Jain, others
Qdesq acts as an aggregator for sharing vacant work desks, offices, conference rooms etc. Qdesq Realtech Pvt Ltd, an on-demand platform for sharing and renting office space, has raised an undisclosed amount in its seed round from a group of investors led by Dheeraj Jain, partner at Redcliffe Capital, a UK-based hedge fund. Other investors […]
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NEWS 
March 11, 2016 Medical tourism start-up PlanMyMedicalTrip raises funds
Photo: Pradeep Gaur/Mint Begaluru: Plan My Medical Trip Pvt. Ltd, a platform that lists medical care options for international patients, said it raised Rs.1.25 crore in funding from three angel investors—Bhanu Vikram Parsotam, Rohan Desai and Paras Patel. “I have been a part of the healthcare sector in the US for close to two decades […]
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ALL DEALS 
March 11, 2016 Domestic venture capital funds proliferate as HNI interest in start-ups grows
Anil Joshi, co-founder of Unicorn India Ventures, says the number of people who see start-ups as an investment asset class has grown in the last one-and-a-half years. Photo: S. Kumar/Mint Mumbai: Domestic early-stage venture capital (VC) funds are proliferating in an effort to tap increasing demand from rich individuals and investment offices of business families […]
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NEWS 
March 10, 2016 Indiamart raises fresh funds from Amadeus Capital, Westbridge and Intel
The company offers a platform and tools to over 1.4 crore buyers to search from over 2.57 crore products and get connected with over 18 lakh suppliers. New Delhi: Indiamart.com, one of the largest online listing platforms for small and medium businesses has raised an undisclosed amount in Series C funding led by Amadeus Capital, […]
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NEWS 
March 9, 2016 Finomena raises funds from Matrix Partners and others
Bengaluru-based food delivery company Cookaroo Food Networks, is looking to use the funds to develop technology and to scale operations across Bengaluru and Hyderabad. Bengaluru-based financial technology start-up Finomena has raised an undisclosed amount in funding from US-based private equity firm Matrix Partners, Kaushal Aggarwal, managing director and co-founder of Avendus, and Harshvardhan Chamria of […]
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