Advertisements Ankur Bansal The author is Co-founder of Blacksoil The announcement of the Interim Union Budget 2024-2025 held particular significance, given the impending Lok Sabha election later in the year. The budget focused on measures fostering innovation, job creation, and… Read More ›
Advertisements The definition of eligible startup is likely to changed under the Startup India Scheme. The central government has proposed to incorporate startups established between 1 April 2016 and 31 March 2025. This helps eligible startups to get a tax… Read More ›
Advertisements Sukhmani Bedi The author is Partner at Orios Venture Partners The budget puts a strong emphasis on sustainability and clean energy adoption. Schemes like Viability Gap Funding for wind energy, incentives for e-vehicles and charging infrastructure will accelerate the… Read More ›
Advertisements The Finance Minister (FM) Nirmala Sitharaman today presented the Interim Budget 2024. In her speech, she focused on solar energy and said that about crore households under the rooftop solarisation scheme will be benefited. The scheme will provide the… Read More ›
Advertisements As far as electric vehicles (EVs) are concerned, one of the leading demands with the budget was the extension of the Faster Adoption and Manufacturing Electric Vehicles Phase II (FAME II) subsidy. It is effective till is 31 March… Read More ›
Advertisements Rockstud Capital, an alternative asset management firm, and Artha Venture Fund, an early-stage investor, have made their first exit with a partial stake sale in Everest Fleet. Artha boasted returns worth USD 2 million, while Rockstud stated that it… Read More ›
Advertisements Hydrogen startup Electric Hydrogen (EH2) said on Tuesday it has bagged USD 380 million in an oversubscribed Series C financing round. The company has raised over USD 600 million since its founding in 2020. The funding was led by… Read More ›
Advertisements Payments processor Visa on Monday launched a USD 100 million venture fund for generative artificial intelligence (AI) startups. According to media reports, several high-profile names such as Microsoft and Alphabet’s Google have backed the AI space across the globe. Generative AI is a technology that… Read More ›
Advertisements According to data from Venture Intelligence, private equity-venture capital (PE-VC) funds invested USD 6 billion (across 139 deals) in India-based companies during the quarter ended September 2023 (Q3 FY23), Compared to the corresponding quarter in the previous year, this… Read More ›
Advertisements EV company Fisker bagged USD 150 million from an existing institutional investor through the issue of convertible bonds with an additional USD 550 million in funding available, the electric-vehicle startup said on Friday. According to the company, it will… Read More ›
