Hedge funds were all over the Indian startup scene last year. Look around now and it will be hard to spot one. They have simply fallen off the cliff in 2016. There have been only 10 deals involving hedge funds in the first three quarters of 2016, compared to 50 deals in the same period […]…
Tag: iSPIRT
Silicon Valley seeks to benefit from India’s start-up growth
With India witnessing immense startup growth, the Silicon Valley has invited a group of top 30 Indian startups providing Software as a Service (SaaS) products at a global scale to establish links with Fortune 500 companies in the US. The event, Startup Bridge India, aims to raise awareness among …
A long road ahead for M&A activities in India’s start-up ecosystem
Bengaluru: Merger and acquisition (M&A) activity in India’s start-up ecosystem is increasing, but it will take two to five years more to gain scale. Start-ups that have received venture funding in the last two years will take at least that long to begin acquiring other companies or gain enoug…
Fintech cos can now cash in on GST platform services
After receiving criticism from some financial services and fintech startups for not being able to offer services under the Goods and Services Tax (GST) regime, the GST Network has devised a strategy to rope in such companies as well without compromising the security of the system. GSTN, a not-for…
SaaS start-ups raise over $256 mn in VC funding
In the midst of a funding winter for startups, companies offering software-as-a-service (SaaS) have raised over $256 million in venture capital funding since January, counting several big-ticket deals. What has worked for SaaS startups is the focus on unit economics – a metric to measure a …
Global investors scout Indian startups for next Infosys, Wipro
Bengaluru: Brimming software talent, globally viable products and lower production costs are increasingly attracting global investors to help Indian software-as-a-service (SaaS) startups in the hope of discovering a new generation Infosys or Wipro. Of the 82 Indian SaaS companies that received in…
Interest of global tech giants including Apple, Intel revives in Indian startup space
Apple’s recent acquisition of Indian machine-learning startup Tuplejump offers further evidence of a revival in the interest of global technology giants in the country’s startup space, especially in areas such as artificial intelligence, cloud infrastructure and automation. Enthusiasm…
Budget 2016 | Quotable Quotes
“Finance Minister spent a considerable amount of time in trying to address the rural distress and the difficulties being faced by the farmers. The emphasis on the budget on various schemes and ideas, which including for instance the linking of the MNREGA scheme to rural challenges, is very signif…