Latest News for: India wealth fund

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Mutual funds' penetration remains extremely low in India: HDFC AMC's Munot

Live Mint 26 Jul 2021
Top mutual fund schemes to invest in ... As India continues on its growth journey, the fund house aspires to be a wealth creator for every Indian, with an audacious vision to be the most respected asset manager in the world, he added.  ... Premium India-UAE flights to remain suspended till 2 August.
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Markets exhibiting confidence, signalling better times ahead: Navneet Munot

Live Mint 26 Jul 2021
HDFC Asset Management Company’s managing director and chief executive officer Navneet Munot, addressing shareholders said that as India continues on its growth journey, the fund house aspires to be a wealth creator for every Indian ... According to Munot, despite strong growth in the past decade, mutual fund penetration remains extremely low in India.
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Zomato IPO vaults 38-year-old founder Deepinder Goyal among India’s super richGoyal is worth $650 million ...

Deccan Herald 25 Jul 2021
India had a record $6.3 billion of funding and deals for technology startups in the second quarter, underscoring entrepreneurial ambitions and rising venture-capital interest in the world’s second-most populous market ... internet pioneer Sanjeev Bikhchandani of Info Edge India Ltd.
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Zomato IPO vaults 38-year-old founder among India's super rich

Gulf News 24 Jul 2021
India had a record $6.3 billion of funding and deals for technology startups in the second quarter, underscoring entrepreneurial ambitions and rising venture-capital interest in the world's second-most populous market ... internet pioneer Sanjeev Bikhchandani of Info Edge India Ltd.
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Zomato IPO vaults 38-year-old founder Deepinder Goyal among India's super rich

Gulf News 23 Jul 2021
India had a record $6.3 billion of funding and deals for technology startups in the second quarter, underscoring entrepreneurial ambitions and rising venture-capital interest in the world's second-most populous market ... internet pioneer Sanjeev Bikhchandani of Info Edge India Ltd.
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Zomato IPO catapults founder towards list of Indian billionaires

Al Jazeera 23 Jul 2021
India had a record $6.3bn of funding and deals for technology startups in the second quarter, underscoring entrepreneurial ambitions and rising venture-capital interest in the world’s second-most populous market ... and internet pioneer Sanjeev Bikhchandani of Info Edge India Ltd.
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Zomato founder now among India's super rich after stellar listing. What is his net worth?

Live Mint 23 Jul 2021
India had a record $6.3 billion of funding and deals for technology startups in the second quarter, underscoring entrepreneurial ambitions and rising venture-capital interest in the world’s second-most populous market ... internet pioneer Sanjeev Bikhchandani of Info Edge India Ltd.
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Markets climb over 1%, biggest single-day gain in two months

Live Mint 22 Jul 2021
... Credit Suisse Wealth Management India ... On the other hand, the domestic mutual funds recorded the fourth consecutive month of inflows as investors remained optimistic about the Indian equity market," Jitendra Gohil and Premal Kamdar, Credit Suisse Wealth Management, India said.
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Why smallcaps should be part of your investment portfolio

The Times of India 20 Jul 2021
... funds should complement an existing equity-oriented portfolio ... Harness the potential of promising small cap companies by investing in smallcap funds through SIP or lump sum to create wealth and generate alpha over the long term. (Ajit Menon is CEO of PGIM India Mutual Fund.
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Anand Rathi Wealth files draft papers with Sebi for IPO

Live Mint 20 Jul 2021
Anand Rathi Wealth Ltd has filed a draft red herring prospectus with Securities Exchange Board of India to raise funds via initial public offering ... Anand Rathi Wealth is one of the leading non-bank wealth solutions firms in India and has been ranked amongst the top three non-bank ...
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Razorpay acquires lending startup TERA Finlabs

Live Mint 19 Jul 2021
Premium Premium Products manufactured and sold in India are 100% vegeta .... Premium Premium Uday Kotak asks India to prioritise these five big thin .... This year, Razorpay also raised $160 million as a part of its series E round co-led by existing investors, Singapore’s sovereign wealth fund GIC and Sequoia India.
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‘Sputnik, AstraZeneca mix & match results by end of July’

The Times of India 14 Jul 2021
Russian Direct Investment Fund (RDIF) is expecting to release the results of Sputnik V and Astra-Zeneca ‘mix and match’ vaccine by the end of July ... RDIF, Russia’s sovereign wealth fund, and SII have also announced cooperation to produce the Russian Sputnik vaccine against coronavirus in India.
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SII to start producing Sputnik jabs in September

The Times of India 14 Jul 2021
... its production in September under a technology transfer initiated with Russia’s sovereign wealth fund, Russian Direct Investment Fund.
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Throwback: Zomato’s 13-year-old journey to IPO

Your Story 14 Jul 2021
When PN Santosh was building BYJU’S, India’s biggest edtech startup, he realised there was more to education than just targeting the K-12 segment ... Russia’s sovereign wealth fund Russian Direct Investment Fund (RDIF) announced that it will work with the Serum Institute of India to produce the Sputnik V vaccine.
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