Binny Bansal

Binny Bansal, a co-founder of Flipkart, may invest $100 million to $150 million in PhonePe

Binny Bansal, the co-founder of Flipkart, has made a strategic investment in PhonePe, a mobile payments platform. This move is expected to have a major impact on the Indian fintech market and could potentially revolutionize the way digital payments are made in India. This article will take a closer look at this investment and how it can affect the Indian fintech market.

We will discuss how PhonePe’s technology and services can be used to create new opportunities for businesses, as well as explore some of the potential use cases for this technology. Additionally, we will analyze what this investment means for other players in the Indian fintech space and how it could shape their strategies going forward.

Binny Bansal and What is PhonePe

Binny Bansal is the co-founder of Flipkart, one of India’s leading e-commerce companies. He is also the founder and CEO of PhonePe, a digital payments platform based in India. PhonePe is a mobile wallet and payment app that enables users to pay for goods and services using their phones.

It was launched in 2016 and has since become one of the most popular digital payment platforms in India. With PhonePe, users can send money to friends and family, recharge their phones, pay utility bills, book tickets online and more. The platform also offers discounts on various products and services when they are paid for using PhonePe.

PhonePe and Its Exponential Growth in the Indian Fintech Market

PhonePe, a leading Indian fintech company, has seen a meteoric rise in the past few years. The company has revolutionized the way Indians pay for goods and services. It has become one of the most popular digital payment solutions in India with its innovative features and convenient payment methods.

The success of PhonePe can be attributed to its ability to leverage technology to offer customers an intuitive, secure and seamless payment experience. Through its mobile wallet platform, users can securely store their money and make payments through a variety of options such as UPI, debit cards or net banking. Additionally, it also provides various other services such as bill payments, recharge facilities and utility payments that makes it an attractive option for customers.

PhonePe’s exponential growth in the Indian fintech market is testament to its success in providing customers with a reliable and efficient digital payment solution. It has become an integral part of many people’s lives by making financial transactions easier than ever before.

What Benefits Will Binny Bansal’s Investment Bring to PhonePe

Binny Bansal’s recent investment in PhonePe has been seen as a major boost to the company. This strategic move will bring numerous benefits to PhonePe, such as increased financial stability and access to more resources. Additionally, it will also open up new opportunities for expansion and growth of the company in terms of product development, customer service, and marketing. With this investment, PhonePe can now leverage its capabilities to reach out to more customers and provide them with innovative solutions that can help them meet their financial needs.

How can Other Companies Benefit from Investing in PhonePe?

PhonePe is a digital payment platform that provides a secure and convenient way to make payments. It has quickly become one of the most popular mobile wallets in India, and its success has made it an attractive investment opportunity for other companies. This article will explore how other companies can benefit from investing in PhonePe, including the potential use cases of its services, its potential growth opportunities, and the advantages it offers over traditional payment methods. By understanding these benefits, companies can make informed decisions about whether to invest in PhonePe or not.

Key Points

  • Binny Bansal, a co-founder of Flipkart, is in discussions to invest between $100 and $150 million in the financial services and digital payments firm PhonePe as part of an ongoing financing round.
  • Sachin Bansal, a co-founder of Flipkart, invested $100 million, or Rs 740 crore, in Ola in 2018.
  • Although the precise investment amount has not yet been finalised, the article stated that negotiations are advanced and anticipated to conclude soon.
  • Bansal, Tiger Global, Qatar Investment Authority, China’s Tencent, and Microsoft, which are already shareholders in Walmart-owned Flipkart, were anticipated to acquire a stake in PhonePe as the business put together a new ownership structure.
  • Walmart still holds a 70% stake in PhonePe, making it the company with the greatest investment.
  • At a pre-money valuation of $12 billion, PhonePe raised $100 million in additional funding last month from Tiger Global, Ribbit Capital, and TVS Capital Funds. This money will be used to expand the company’s payments and insurance operations in India as well as to start and grow new ventures in the lending, stockbroking, ONDC-based shopping, and account aggregation sectors over the coming years.
  • In the UPI network, PhonePe competes with online payment services like Google Pay, Amazon Pay, Paytm, and WhatsApp Pay.
  • Sameer Nigam, Rahul Chari, and Burzin Engineer, three former Flipkart executives who founded PhonePe in 2015, assert that it has more than 400 million customers worldwide.
  • PhonePe reported a net loss for FY22 of Rs 2,014 crore, up from Rs 1,729 crore in FY21, while operating revenue increased to Rs 1,646 crore. The costs also skyrocketed, reaching Rs 3,705.6 crore. In terms of individual units, PhonePe spent Rs 2.25 to make one rupee in FY22.
  • PhonePe is worth $12 billion, while its listed rival Paytm has a $4.24 billion market capitalization. The fintech business created by Vijay Shekhar Sharma also recorded a net loss for FY22 of Rs 2,325 crore, but its revenue increased to Rs 3,892.40 crore, outpacing PhonePe’s.
BYJU

Plans by BYJU to raise $250 million in pre-IPO investment from Akash

BYJU is the latest Indian unicorn to make headlines, with the news of its plans to raise $250 million in pre-IPO investment from Akash Ambani. This move has been seen as a sign of the company’s growth and ambition. In this article, we will take a comprehensive look at this development and analyze its implications for BYJU’s future. We will explore how this investment will help the company grow, what it means for other investors, and what new opportunities it might open up for BYJU’s.

BYJU and its Plans for Pre-IPO Investment

BYJU is a leading educational technology company that provides personalized learning experiences for students of all ages. The company has been growing rapidly in the last few years and is now looking to make a pre-IPO investment to raise funds for further expansion. This article will discuss what BYJU is, its plans for pre-IPO investment, and how it can benefit investors.

Benefits of BYJU’s Plans to Raise Pre-IPO Funds

Pre-IPO funding is an important part of the process for companies looking to go public. BYJU’s, a leading edtech company in India, recently announced plans to raise pre-IPO funds. This move is likely to benefit the company in multiple ways.

The funds will help BYJU’s expand its reach, develop new products and services, and strengthen its competitive edge in the market. Additionally, it will also give the company access to more resources and allow it to invest in research and development activities. With these benefits, BYJU’s can continue its journey towards becoming a global leader in education technology.

Analysis of BYJU’s Financial Performance and Investor Interest in the Company

BYJU’s has been a success story in the edtech space, with its financial performance and investor interest reaching unprecedented heights. This analysis will evaluate the company’s financial performance over the past few years, while also looking at investor interest in the company and how it has changed over time.

It will also examine some of the key factors that have contributed to BYJU’s success, such as its innovative business model and strong customer base. Ultimately, this analysis will provide insights into how BYJU’s has managed to become one of India’s most successful startups.

Risks Involved With BYJU’s Plan to Raise $250 Million

BYJU’s, India’s leading ed-tech company, has recently announced its plans to raise $250 million in funding. While this move could potentially help the company expand its reach and services, there are several risks associated with it. This article will discuss the potential risks involved with BYJU’s plan to raise $250 million and how they can be mitigated.

It will also provide an overview of the current market conditions and how they may affect the success of this venture.The company plans to raise $250 million via an initial coin offering. The plan is to sell 10 billion units of BYJU’s tokens in the ICO. Each unit will cost $50 and the offer will last approximately 12-14 weeks. If the offer is successful, each unit will cost $1 and redeemable for a fixed number of shares of BYJU’s company stock. By issuing these tokens, BYJU hopes to create a new digital economy that can be used by the world at large while staying free from government taxation or regulations.

Key Points

  • Aakash Educational Services Ltd., the company that provides BYJU’S with test preparation services, intends to issue convertible notes to fund up to $250 million for the Bengaluru-based edtech unicorn BYJU’S. (AESL).
  • According to a Bloomberg article, Aakash will issue the notes, which will be convertible into stock at a 20% discount to the listing price of the unit’s planned initial public offering (IPO).
  • The funding will assist the leading edtech company, which is battling a cash crunch due to the delay in its fundraising due to delayed due diligence procedure.
  • In 2021, Byju’s acquired the brick-and-mortar education player Aakash Educational Services (AES) in a $950 million cash-and-stick deal.
  • More than 1000 employees were let go by the firm; the majority of the layoffs affected the product teams in the worldwide business and the marketing, design, logistics, and tech teams in India.
  • Byju’s claimed to have obtained an unsecured loan from Aakash’s “main business activity” in October 2022 for Rs 300 crore ($36.45 million).
  • Aakash Educational Services Limited provided a loan of Rs 300 crore as a sort of advance on the marketing initiatives and campaigns that BYJU’S has been managing for Aakash.
  • The firm, which had a recent valuation of $22 billion, posted a loss of Rs 4,564.38 crore in FY21, a significant increase from its loss of Rs 305.5 crore in FY20.The firm, which had a recent valuation of $22 billion, posted a loss of Rs 4,564.38 crore in FY21, a significant increase from its loss of Rs 305.5 crore in FY20.
Alteria Capital

Alteria Capital finances GIVA, a jewellery firm, with Rs 40 Cr in venture debt

Alteria Capital’s strategic investment in GIVA, a jewellery retail company, is worth Rs 40 Cr and is set to revolutionize the jewellery retail sector in India. This venture debt will help GIVA expand its operations and scale up its customer base across the country.

It will also enable GIVA to introduce innovative technology solutions such as 3D printing and AI-based product recommendations that can further enhance the customer experience. With this investment, Alteria Capital is helping GIVA become a leader in the jewellery retail industry by providing them with the necessary financial support to pursue their vision.

What is Alteria Capital and What are the Benefits of Venture Debt

Alteria Capital is a venture debt fund that provides capital to early-stage startups. It offers a unique form of financing, known as venture debt, which provides startups with access to flexible capital without the need for additional equity. Venture debt can be used to bridge the gap between equity funding rounds, and provide working capital for day-to-day operations.

Benefits of venture debt include lower interest rates than traditional loans, longer repayment terms, and no dilution of ownership. With Alteria Capital’s venture debt solutions, startups can unlock their growth potential and take advantage of opportunities that would otherwise be unavailable.

Alteria Capital’s Investment in GIVA – The Pioneering Move for Jewellery Retail Industry

Alteria Capital recently made a pioneering move in the jewellery retail industry by investing in GIVA, a technology-enabled jewellery brand. This investment marks a new era of disruption that will completely revolutionize the way people purchase and experience jewellery.

GIVA is a unique concept that combines traditional jewellery craftsmanship with modern technology to create beautiful and personalised pieces of jewellery. With Alteria Capital’s investment, GIVA is now well-positioned to drive the transformation of the entire industry and create an entirely new customer experience for its customers.

Alteria’s Rs 40 Cr Investment Will Help GIVA Transform Jewellery Shopping Experiences in India

Alteria Capital’s recent Rs 40 Cr investment in GIVA is set to revolutionize the jewellery shopping experience in India. GIVA’s innovative technology, backed by Alteria’s capital, will enable customers to shop for jewellery online with confidence and convenience.

With this investment, GIVA will be able to create a more personalized and engaging shopping experience for its customers. It will also be able to introduce new products and services that are tailored to the needs of Indian consumers. This investment will help GIVA transform jewellery shopping experiences in India and make it more accessible and convenient for everyone.

What Does this Investment Mean for Other Jewellery Firms

The recent investment in the jewellery industry has raised questions about how this will affect other firms in the sector. With the influx of capital, jewellery firms have access to new technologies and resources that can help them create innovative product designs and improve their customer experience. This investment could also mean increased competition as firms strive to stay ahead of the curve. As a result, other jewellery firms need to evaluate their strategies and consider how they can best take advantage of this opportunity to remain competitive in the market.

Key Points

  • Investment debt fund Silver jewellery start-up GIVA has received a venture loan investment from Alteria Capital worth Rs 40 crore.
  • For everyday wear, the startup’s range of sterling silver earrings, necklaces, bracelets, and rings.
  • Ishendra Agarwal, co-founder of GIVA, stated, “We want to invest the raised funds in driving channel expansion and further extending our portfolio of wonderfully created jewellery products.
  • With more than 50 currently operational offline touchpoints nationwide, GIVA claims to have an omnichannel presence. It anticipates that this will top 200 by the end of 2023 and generate Rs 350 crore in revenue in FY24.
  • A91, Sixth Sense, Aditya Birla Ventures, Anicut, and India Quotient are just a few of the investors who have contributed $17.5 million to the business thus far.
  • Ankit Agarwal, Managing Partner at Alteria Capital, stated: “We believe Giva is well prepared to play a crucial role in bringing exquisite jewellery to the public in India and has been able to make remarkable inroads in both offline and online channels across the country.
  • Three funds make up Alteria Capital’s 3800 crore rupee total. It has funded more than 120 startups across sectors and stages and recently had the first close of its third fund, which received Rs 1000 crore from local investors.
  • Rebel Foods, Mensa Brands, Believe, Mosaic Health, Sleep Company, Niyo, Country Delight, Kapiva, and Jupiter are just a few of the businesses it has backed.
Mintifi and Mitra

Mintifi raises $110M in Series D, and Mitra receives funding for its early stages

The recent funding boosts to Mintifi and Mitra are indicative of the growing importance of FinTech in the global economy. As these two companies continue to develop their products and services, they will be able to offer more sophisticated solutions to consumers and businesses alike. This is a positive sign for the future of FinTech, as it shows that investors are willing to back innovative ideas in this sector.

The increased amount of capital available for these two companies can help them expand their operations and hire more staff, which will lead to increased innovation in the industry. Additionally, this investment could help them develop new products and services that could revolutionize how people manage their finances. Ultimately, this could lead to a more efficient financial system that is accessible for everyone.

What is Mintifi and Mitra and How Did They Get Funding

Mintifi and Mitra are two of the most successful startups in India that have recently received funding from venture capitalists. Mintifi is a digital lending platform that provides credit to small businesses, while Mitra is an AI-powered chatbot that helps customers shop online. Both these companies have revolutionized the way people access financial services and shop online, respectively.

Mintifi and Mitra have received funding from various venture capital firms such as Sequoia Capital, Accel Partners, Kalaari Capital, and others. This funding has enabled them to expand their operations and grow their customer base significantly. With this additional capital, they can now explore new markets, develop innovative products and services, hire more talent, and create a more secure platform for customers to access financial services.

Analysis of the Impact of the Capital Raises on Mintifi & Mitra

Capital raises have become an increasingly important part of the business landscape, and they can have a significant impact on companies. This paper will analyze the impact of recent capital raises on Mintifi and Mitra, two companies that are currently in the process of raising capital. It will examine how these capital raises have impacted their respective businesses and how they are likely to affect their future growth prospects.

Additionally, it will explore potential use cases for these funds and discuss how investors view these investments. Finally, it will consider the implications of these capital raises for other companies in the same space.

What Opportunities Do These Capital Raises Present for Fintech

With the recent influx of capital into the fintech space, there is a great opportunity for businesses to capitalize on this new wave of investment. The capital raises present a number of opportunities for fintech companies to expand their services, develop new products and services, and create innovative solutions to existing problems. In this article, we will discuss the various opportunities that these capital raises present for fintech companies and how they can take advantage of them.

The Benefits of Investing in Fintech Start-Ups

Investing in fintech start-ups can be a great way to diversify an investor’s portfolio and potentially reap great rewards. Fintech start-ups are often companies that are at the cutting edge of financial technology, and they have the potential to revolutionize many aspects of the financial services industry. By investing in these start-ups, investors can benefit from their potential for high returns, as well as their long-term sustainability.

Additionally, investing in fintech start-ups can provide investors with access to new and innovative technologies that may not be available on the market yet. This can give them an advantage over other investors who may not have access to these technologies. Finally, investing in fintech start-ups allows investors to support the development of new technologies that could benefit society as a whole.

Key Points

  • Mintifi, a platform for supply chain finance, has raised $110 million in a Series D round of fundraising that was co-led by Premji Invest and included participation from Norwest Venture Partners, Elevation Capital, and the International Financial Corporation (IFC).
  •  The company, which has its headquarters in Mumbai, said in a statement that it will use the cash to improve new services including business-to-business (B2B) payments and dealer management system in addition to growing its presence in some of the important industries.
  • Mintifi was established in 2017 and provides electronic invoicing and payment systems, payments digitisation, and financing options to distributors and retailers.
  • By utilising a huge outstanding receivable pool of blue-chip corporations, our distinctive plug-and-play strategy enables us to scale quickly while retaining profitability.
  • According to Anup Agarwal, co-founder and CEO of Mintifi, this amount of funding will enable us to accelerate our growth, grow our workforce, and provide even more value to our clients.
  • FMCG company Mitra has received seed funding from early-stage venture capital for an undisclosed sum. The Gurugram-based firm intends to utilise the funding to establish a manufacturing facility and implement technology to increase the capabilities of its goods and services.
  • Abhishek Kaushik founded the company in 2022. It offers 40 various varieties of flour, pulses, spices, dry fruits, almonds, rice, quick mixes, millet-based, and ready-to-eat items that are sourced directly from farmers.
  • According to the company, it has so far sold over 42,000 flour bags via its network of more than 200 distributors, merchants, and online marketplaces.
  • “Grabbing a No. 2 place in the market with 70% repeats within 2 months only clearly says their CSAT and product adoption has a long way to go,” Ashish Kumar Goel, venture partner at ah! Ventures, stated.
Growfin

Growfin, a SaaS firm, receives $7.5M in Series A funding from SWC Global

Growfin, a SaaS firm, has recently secured $7.5M Series A funding from SWC Global. This investment will help the company to expand its services and reach a wider audience. The funding will also enable the company to develop new products and services that can help businesses of all sizes to grow and thrive in the digital age. With this investment, Growfin is now well-positioned to make a positive impact on businesses everywhere by providing them with innovative solutions for their financial needs.

What is Growfin & What Does the Series A Funding Mean

Growfin is a financial technology startup that offers innovative solutions to businesses and individuals. Founded in 2020, the company has quickly become one of the leading players in the financial technology space. With its Series A funding, Growfin is now able to expand its operations and offer more services to its customers.

The funding will also enable Growfin to develop new products and services that will help it stay ahead of its competitors in the market. This round of funding will also allow Growfin to increase its customer base and further enhance its presence in the industry.

What is SWC Global and Why did they Invest in Growfin

SWC Global is a venture capital firm that specializes in investments in early-stage technology companies. They are dedicated to helping entrepreneurs build their businesses and create value through innovative technologies.

Recently, SWC Global made an investment in Growfin, a digital platform that provides financial services to small and medium enterprises (SMEs). This investment was made with the aim of helping SMEs access the right financial products and services, as well as providing them with the necessary tools to manage their finances more effectively. With this investment, SWC Global hopes to help SMEs grow and succeed in the digital economy.

How Will the Growfin Series A Funding Impact Businesses Everywhere

The recent Series A funding of Growfin has created a wave of excitement among businesses everywhere. This funding will lead to the development of new products, services, and solutions that can help companies to streamline their operations, reduce costs, and increase efficiency.

It will also provide opportunities for growth and expansion into new markets. With this investment, Growfin is set to revolutionize the way businesses operate by providing them with innovative tools and technologies that can help them succeed in today’s competitive landscape.

What are the Benefits of Using Growfin for Innovative Solutions & Services

Growfin is an innovative platform that helps businesses develop and deliver unique solutions and services in a cost-effective way. With its powerful suite of tools, it enables businesses to create custom solutions with minimal effort. Growfin’s features allow businesses to quickly develop, test, and deploy new products and services in a fraction of the time it would take to do manually.

This helps businesses save time, money, and resources while still delivering quality results. Furthermore, Growfin’s analytics capabilities provide valuable insights into customer behavior which can be used to further optimize the user experience. With its wide range of features and benefits, Growfin is an ideal choice for businesses looking for a reliable platform for innovating their solutions & services.

How Will the Series A Funding Help Growfin Expand Its Offerings & Reach

Series A funding is a crucial step in the growth of any company. For Growfin, it is no different. With the new funding, Growfin will be able to expand its offerings and reach a larger audience. The funds will help them develop new products and services that can add value to their users and create more opportunities for success.

Additionally, they will be able to invest in marketing efforts that can help them reach more potential customers, as well as increase their brand visibility. With this additional capital, Growfin has the potential to become a leader in its field and make a major impact on the industry.

Key Points

  • Existing investors 3one4 Capital and angel investors, chief financial officers, and other business titans took part in the investment round.
  • Growfin, a fintech platform, has secured $7.5 million in Series A funding from a venture capital group located in Singapore. Also, current investors 3one4 Capital, angel investors, chief financial officers, and other business pioneers took part in the Series A round.
  • This year, the firm intends to use the funds to upgrade its technology stack, increase the range of products it offers, transform into a “all-in-one integrated cash solution,” and enhance the predictive artificial intelligence (AI) capabilities of its products.
  • Software-as-a-service (SaaS) startup from Wilmington had received $1.4 million in venture funding a year prior from early-stage VC firm 3one4 Capital and a group of angel investors.
  • Growfin’s business-to-business payments collection/automation platform addresses the problems faced by the revenue and finance teams and increases cash flow predictability by giving customers visibility into account receivables (the sum owed to a company by the clients to whom the goods or services have been delivered).
  • The business, whose staff is primarily based in Chennai, claims that in the past 12 months, its customer base has increased by 8X and that it has collected $1 billion in account receivables.
  • The last-mile logistics technology business Locus, the hybrid and virtual event platform Airmeet, the customer communications platform Intercom, and the sales preparedness platform Mindtickle are just a few of its famous clients.
  • Tuck Lye Koh, founding partner of SWC Global, claims that the startup has more than 100,000 clients.
  • Aravind Gopalan and Raja Jayaraman, former Freshworks employees whose firm Frilp, a social recommendation engine, was purchased by the SaaS giant in 2012, established Growfin. Together with the startup’s announcement of seed investment a year ago, the pair publicly launched it.
  • Gopalan stated in a news release that after meeting with numerous CFOs over the past year, “two major observations stick in my mind.”
  • They have serious doubts about the accuracy of the information used to calculate their cash flow situations, and they also believe that, given the state of the market, their boards of directors and investors will be paying closer attention to their company’s financial results in 2023. Growfin is helping CFOs with these problems, he continued.
82°E

82°E, led by Deepika Padukone, is trying to change the D2C rules

82°E is a revolutionary direct-to-consumer model led by Deepika Padukone. It is revolutionizing the way people shop for fashion and lifestyle products, by offering them an immersive shopping experience through its easy to use digital platform. With its unique approach, it is bringing together the best of both worlds – online and offline shopping.

It has created a seamless user experience that allows customers to shop from anywhere in the world while also providing them with personalized services such as in-store styling sessions and virtual try-on options. This revolutionary model has been made possible by leveraging advanced technologies such as artificial intelligence and machine learning. By using these technologies, 82°E is able to provide customers with a highly tailored shopping experience that goes beyond their expectations.

What is 82°E and Its Goal to Transform the D2C Model

82°E is a revolutionary platform that seeks to transform the Direct-to-Consumer (D2C) model. It is an innovative solution that enables companies to better engage with their customers through data-driven insights and personalized experiences.

The goal of 82°E is to provide businesses with the ability to offer customers a more personalized experience by leveraging data and analytics. By doing so, businesses can create more meaningful relationships with their customers, leading to increased loyalty and ultimately, greater profits.

The platform also provides businesses with powerful tools for marketing automation, customer segmentation, and analytics. This allows them to optimize their strategies for maximum efficiency and effectiveness in order to drive sales growth and customer engagement.

The Benefits of Using a Direct-to-Consumer Model and How It’s Changing the Retail Landscape

The direct-to-consumer (D2C) model is revolutionizing the way that companies do business by allowing them to create, distribute, and sell their products directly to customers. This model has opened up a new world of possibilities for retailers, who are now able to offer better customer service and a more personalized shopping experience.

Furthermore, this model allows retailers to reduce costs associated with middlemen and increase margins on their products. As the retail landscape continues to evolve, the use of D2C models is becoming increasingly popular among companies looking for a competitive edge in the market.

How Does 82°E Use Technology to Revolutionize the D2C Model

82°E is a data-driven D2C platform that utilizes technology to revolutionize the traditional D2C model. It leverages the power of data and analytics to provide personalized experiences for customers, enabling them to discover and purchase products from their favorite brands in a more efficient and convenient manner. Its technology-driven approach helps it identify customer preferences, target audiences, and optimize campaigns for maximum ROI.

The platform also leverages AI-powered tools such as natural language processing (NLP) and machine learning (ML) algorithms to generate insights into customer behavior and make better decisions. By using technology, 82°E is able to create an enhanced shopping experience for customers while helping brands reach their desired goals.

What Challenges Does 82°E Face in Implementing Its Vision

82°E is a company that is committed to creating innovative solutions to solve the world’s most pressing problems. The company has a vision of making the world a better place through the use of technology and data. However, there are several challenges that 82°E must overcome in order to implement its vision.

These challenges include developing reliable and secure data infrastructure, finding ways to monetize its services, navigating regulatory and legal issues, and ensuring customer privacy and security. In this article, we will discuss the various challenges that 82°E faces in implementing its vision.

Key points

  • Jigar Shah and Deepika Padukone entered the personal care industry as a result of their fame as leading actors and the internet shopping boom brought on by the pandemic.
  • In addition to its existing direct-to-consumer (D2C) strategies, it is currently considering expanding its line offline.
  • India has a long history of experimenting with celebrity-endorsed goods. Lux was popular in the 1990s, but celebrity-led brands only lately started to appear on the scene, around 2015.
  • There are just over 800 D2C brands competing for consumer attention in India alone, opening the door to a market that will be valued just over 100 billion by 2025. Jigar Shah, a seasoned investor, knew of its promise.
  • He understood what it would take to turn Deepika Padukone’s fame as an actress into a brand back in 2020 because he had staked on companies like edtech platform FrontRow, luggage maker Mokobara, and SuperTails.
  • Every business contacted us because they recognise her worth. We also became aware of and began investigating the celebrity-led brand possibilities at that time,” he continues.
  • The two experimented with a variety of concepts, including buying into an existing brand or launching one in conjunction with a marketplace; eventually, they decided to do it alone.
  • Deepika Padukone, co-founder of 82°E, states, “When Jigar and I joined forces, our goal was to establish a brand that is an extension of my personal and professional life.
  • By many standards, the skincare market is congested. As there were so many copycat brands selling comparable products during the epidemic, it was difficult for customers to choose one to purchase.
  • Moreover, Padukone and Shah discovered a chance at this location. There are a tonne of products available. Yet you wouldn’t know if I asked you what products you use every day for skincare, adds Shah.
  • The two created a line of items under the brand name 82°E, which was inspired by the longitudes of India. The products were based on a routine Padukone had followed for years. According to Shah, “The narrative of our brand and the items are entirely based on who she is and what she thinks.”
  • According to Padukone, “I work closely on all the creative facets of the brand, including ideation, formulations with the R&D team, and packaging. Shah examines the company’s operations, human resources, and financing while doing so.
EaseMyTrip

Market Sentiment is favourable. EaseMyTrip Highest Gainer This Week, New-Age Tech Stocks on the Rise

Market sentiment is an important indicator of the current state of the stock market. In this article, we will explore how investors are reacting to some of the most popular new-age tech stocks and EaseMyTrip, which is currently the highest gainer in this space. We will also discuss how these stocks are impacting market sentiment and what investors should consider before investing in them.

Understanding Market Sentiment & How it Impacts Stock Performance

Market sentiment is an important factor in determining the performance of stocks. It is the collective opinion or attitude of investors towards a particular stock or market, which can have a significant impact on its performance. Understanding and analyzing market sentiment can help investors make more informed decisions when it comes to their investments.

By understanding how different factors such as news, economic data, and investor sentiment affect stock prices, investors can gain insights into how they should approach the markets. This knowledge can then be used to inform their investment decisions and maximize their returns.

EaseMyTrip’s Remarkable Performance This Week and What It Means For Investors

This week, EaseMyTrip has seen remarkable performance in the stock market, with its shares climbing to an all-time high. This surge in the share price has been attributed to the company’s success in expanding its customer base and increasing their revenue.

This impressive performance is a testament to EaseMyTrip’s ability to capitalize on various opportunities in the travel industry and provide innovative solutions for travelers. It is also indicative of its ability to attract more investors, which could potentially lead to further growth for the company.

For investors, this could be an opportunity to capitalize on EaseMyTrip’s success and benefit from its long-term potential. With this in mind, it is important for investors to consider what this remarkable performance means for them and whether it should be factored into their investment decisions.

Analyzing the Rise of New-Age Tech Stocks and Their Impact on the Economy

In recent years, the rise of new-age tech stocks has had a significant impact on the global economy. With their increased popularity, these stocks have become a major source of investment for individuals and institutions alike. As such, it is important to understand the forces driving their growth and how they are influencing the wider economy.

This paper will analyze the rise of new-age tech stocks and discuss their impact on economic indicators such as employment, wages, and consumer spending. It will also explore potential risks associated with investing in these stocks and suggest strategies for mitigating them.

Key Points

  1. Nine out of 14 new-age IT stocks, such as Nykaa, PB Fintech, Paytm, and Tracxn, saw gains this week ranging from 0.3% to 6%.
  2. This week, the largest winner was EaseMyTrip, which increased 5.6%; the biggest loser was DroneAcharya, which decreased 6.8%.
  3. The prospects of no additional interest rate hikes by the US Fed helped the Sensex and Nifty50 rise by 0.58% and 0.74%, respectively, this week.
  4. Most new-age IT stocks increased this week after previous week’s decline, following the rebound of the Indian equity market as a whole.
  5. Nine out of 14 new-age IT stocks, such as Nykaa, PB Fintech, Paytm, and Tracxn, had gains this week ranging from 0.3% to 6%, with traveltech giant EaseMyTrip emerging as the biggest gainer.
  6. However, this week saw shares decline for Nazara, Zomato, Delhivery, CarTrade Tech, and DroneAcharya. The largest loser this week was the drone business DroneAcharya, which saw its stock fall by 6.8%.
  7. On Friday, the whole equity market began to show signs of improvement as investors anticipated the US Fed would not raise interest rates further. In comparison to Thursday’s closing, the benchmark indexes Sensex and Nifty50 increased by 1.53% and 1.57%, respectively, to 59,808.97 and 17,594.35.
  8. Strong positive undercurrents in global stocks caused a big wave of short covering in important industries, and this caused Indian markets to react.
  9. Markets were in the fall season, so values had improved and caused traders to ignore the gloomy mood, according to Amol Athawale, deputy vice president of technical research at Kotak Securities.
SEBI

How SEBI Penalised Arshad Warsi and Thirty Others for Stock Manipulation Using YouTube

Recently, the Securities and Exchange Board of India (SEBI) penalised Arshad Warsi and thirty other individuals for stock manipulation using YouTube. This is a clear indication that SEBI is taking a zero-tolerance policy towards any kind of stock market manipulation.

In this article, we will take a detailed look into how SEBI penalised Arshad Warsi and others for stock market manipulation using YouTube. We will also discuss the implications of this action by SEBI and the implications it has on investors in the Indian stock markets.

What is SEBI and What Did They do Regarding the Case of Arshad Warsi & Others

SEBI stands for the Securities and Exchange Board of India and is the regulator of the securities market in India. It was established in 1992 with an aim to protect investors and ensure orderly development of the Indian securities market.

Recently, SEBI has been involved in a case involving actor Arshad Warsi and others, where they have taken action against them for alleged insider trading activities.

Stock Market Manipulation in India & How It Happened in Case of Arshad Warsi & Others

Stock market manipulation has become a major issue in India, especially after the case of Arshad Warsi and others. In this article, we will look into what stock market manipulation is and how it happened in the case of Arshad Warsi and others. We will also discuss the various use cases of stock market manipulation in India and what steps have been taken to prevent such activities from occurring again.

SEBI’s Penalty For Arshad Warsi and Thirty Others for Stock Market Manipulation

The Securities and Exchange Board of India (SEBI) has recently announced a penalty of Rs. 5,000 each on Arshad Warsi and thirty others for stock market manipulation. This penalty is imposed on them for their involvement in the manipulation of the securities market by creating artificial volumes in the shares of two companies.

The regulator has also ordered them to disgorge their ill-gotten gains amounting to Rs. 4 lakhs, thus bringing the total penalty amount to Rs. 9 lakhs. SEBI has warned these individuals that any further violations will be dealt with sternly and may even lead to a ban from trading in the stock markets.

Key Points

  1. Arshad Warsi and his wife Maria Goretti were among 31 entities that SEBI prohibited from the capital markets in two interim decisions due to their involvement in stock manipulation schemes.
  2. The market authority claimed that the organisations propagated incorrect information about Sadhna Broadcast and Sharpline Broadcast on YouTube channels in order to affect the stock prices of the two media businesses.
  3. Adani Group acquiring control of Sadhna proceeding, among other assertions made by these channels, and the media organisation switching from TV production to film production
  4. As a result of 31 businesses’ participation in stock manipulation schemes utilising YouTube channels, including actor Arshad Warsi and his wife Maria Goretti, the Securities and Exchange Board of India (SEBI) on Thursday, March 2, issued two temporary orders banning them from the capital markets.
  5. After reports that a few YouTube channels were posting “misleading” videos with inaccurate information regarding two media firms, Sadhna Broadcast Ltd and Sharpline Broadcast Ltd, SEBI announced that it has started a preliminary probe in the cases.
  6. The regulator claimed that the videos, which were supported by sponsored marketing campaigns costing crores of rupees, enticed investors to buy in these companies’ stocks.
  7. The promoters of Sadhna, including Warsi and his wife, Gaurav Gupta, Shreya Gupta, Saurabh Gupta, Pooja Aggarwal, and Varun Media Private Limited, have been barred from the securities market as a result of the investigations’ findings.
  8. The 31 businesses were divided into four groups by SEBI: “misleading message disseminators” (MMDs), including Manish Mishra, who runs YouTube channels, “net sellers/promoters” and profit-makers (NSs), “volume creators” (VCs), and “information carriers” (ICs).
  9. The parties implicated in the case appear to have engaged in a financial scam known as a pump-and-dump scheme, which includes disseminating false information about a firm in an effort to increase volume and stock price. Following the price increase, the con artists start selling off the shares at a premium, which results in losses for the investors.
  10. According to the regulator, the MMDs, NSs, and VCs “have collectively helped create trading volumes and interest in the scrip, spread false and misleading YouTube videos, and thus induced unsuspecting investors to buy the Sharpline scrip at elevated prices, thereby prima facie violating the provisions of the SEBI Act and PFUTP (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations,” the regulator wrote in its notice.
  11. Warsi and his wife Goretti allegedly pretended to be venture capitalists and amassed illicit earnings totaling INR 29.43 lakh and INR 37.56 lakh, respectively.
  12. According to the market regulator’s findings, the entities involved in the manipulation of the stock price of Sadhna collectively earned INR 41.85 Cr, while the businesses involved in the manipulation of the Sharpline scrip earned INR 12 Cr.
  13. Warsi, however, denied being involved in this stock manipulation on Twitter. “I advise you not to take the news at face value. Maria and I have no stock market experience. We followed advice and bought in Sharda, and like many others, we lost every last bit,” he wrote in a tweet.
  14. The entities have been prohibited from directly or indirectly selling or dealing in securities in accordance with the temporary orders. The market regulator ordered the firms to put the required amount into an escrow account within 15 days after seizing the proceeds of the transactions under investigation.
Venture capital

Funding roundup every week Venture capital spending is down 74%

The venture capital industry has seen a significant decrease in spending over the past year, with a 74% decline compared to the same period last year. This decrease in spending has had a major impact on startups, as many of them rely heavily on venture capital investments to get their businesses off the ground.

This decrease in venture capital spending has caused many startups to struggle financially and rethink their business strategies. It has also forced them to look for alternative sources of funding such as crowdfunding or angel investors.

This article will discuss the impact of this 74% decline in venture capital spending and what it means for startups. We will examine how the decrease affects different types of businesses, how startups can adjust their strategies to adapt to this new reality, and how venture capitalists can help start-ups succeed despite reduced investments.

Exploring the Reasons Behind the 74% Decline in Venture Capital Funding

In recent years, there has been a 74% decline in venture capital funding for startups and small businesses. This decrease in investment is concerning as access to capital is critical for the success of any business. In this article, we will explore the reasons behind this decline and discuss how it affects entrepreneurs and small business owners. We will also look at potential solutions that could help reverse this trend and restore investor confidence in the startup space.

Venture Capital Spending During the Pandemic and its Impact on Startups

The COVID-19 pandemic has caused a major disruption to the global economy, including venture capital spending. Despite the uncertainty created by the pandemic, venture capitalists have continued to invest in startups, and this has had a significant impact on these businesses. In this article, we will explore how venture capital spending during the pandemic has impacted startups and discuss some of the potential implications for the future of these businesses.

The Benefits of a Weekly Funding Roundup for Entrepreneurs & Investors

For entrepreneurs and investors, staying on top of the latest funding news is essential for success. A weekly funding roundup can be a great way to stay up to date with new investments and opportunities. By providing an overview of the week’s most significant investment deals, a weekly funding roundup can help entrepreneurs and investors stay informed about new developments in their industry.

Additionally, it can provide valuable insights into trends in venture capital, corporate investments, and private equity. By taking advantage of this valuable resource, entrepreneurs and investors can gain a better understanding of the current state of the market and identify potential opportunities for growth.

What Alternative Options are Available to Startups During a Down Economy?

During a down economy, startups often face financial hardship and need to find alternative options to keep their business running. There are several strategies that startups can use to manage their finances, such as cutting costs, seeking out investors, and taking advantage of government programs.

Additionally, startups can also look into utilizing resources such as online banking services and virtual assistants to help reduce overhead costs. By exploring these options, startups can stay afloat during tough economic times and come out stronger than ever.

Key Points

  • The month of March started off on a very depressing note with a 74% weekly fall in venture capital, which indicates that the bad news for the Indian startup ecosystem does not appear to be ending.
  • Only $58 million in venture capital was invested in Indian firms during the first week of March, with 17 deals. Comparatively, venture capital funding totaled $221 million the week before.
  • The amount of venture capital funding on a weekly basis has fallen into the double digits for the second time this year. It reached $49 million in the first week of February. Even monthly funding has fallen drastically, with a 77% decrease in February.
  • There are few indications that the “funding cold” that has gripped the startup environment will soon end. Even the global macroeconomic indicators are not showing any improvements as it appears that the US Fed will keep raising interest rates in an effort to contain inflation.
  • Due to the limited money supply and the high level of caution among investors, this directly affects the flow of capital into companies.
  • Investors feel this is a time when company founders’ resiliency will be put to the test as they navigate this recession, but they noted that “excellent” entrepreneurs will still obtain funding. Only the early stage fundraising group is still gaining traction in the current climate.
  • The only good news at this time has been the announcement of new fund raises by venture capital companies like B Capital and Nexus Venture Partners to invest in Indian entrepreneurs. This gives encouragement that at least the future is promising.
Equity investment

In 2023, the majority of startup founders will find it difficult to secure equity investment

In the ever-evolving world of startups, securing equity investment is becoming increasingly difficult. With the economic uncertainty created by the pandemic, it is now more important than ever for startup founders to understand the obstacles they face when trying to secure equity investment in 2023.

This paper will explore the difficulty of securing equity investment for startup founders in 2023 and how they can prepare themselves for a successful fundraising round. It will focus on topics such as investor expectations, market trends, and use cases of successful investments.

What is Equity Investment and Why is it Becoming More Difficult to Secure?

Equity investment is an important form of capital that enables companies to grow and expand. It involves investors providing money in exchange for a share of the company’s profits or future value. However, securing equity investment has become increasingly difficult in recent years due to the volatile market conditions and increased competition for funds. In this article, we will explore what equity investment is, why it is becoming more difficult to secure, and how companies can make their case for investment.

The Growing Competition and Challenges Faced by Startups Looking for Equity Investment in 2023

The startup landscape is becoming increasingly competitive, with more and more entrepreneurs looking to secure equity investment. In 2023, the competition for equity investment will be greater than ever before. Startups will face a variety of challenges when looking for investors – from finding the right investors to convincing them that their business is a viable and profitable venture.

As such, it is important for startups to understand the current market conditions and develop strategies to ensure they stand out from the crowd.

Practical Strategies for Startups to Find & Secure Equity Investment in 2023

Finding and securing equity investment is a challenging task for startups. With the ever-changing landscape of the business world, it is becoming increasingly difficult for startups to find investors that are willing to invest in their venture. However, with the right strategies and tactics, startups can increase their chances of finding an investor who will provide them with the necessary capital.

We will cover topics such as identifying potential investors, crafting a compelling pitch, leveraging networks and connections, understanding regulations and tax implications, as well as navigating due diligence processes. By following these strategies and tactics, startups can increase their chances of finding an investor who is willing to invest in their venture.

An Overview of Potential Alternatives to Traditional Equity Investment in 2023

In 2023, the financial landscape will likely look very different from what it is today. With the rise of new technologies and investment opportunities, traditional equity investments may no longer be the go-to option for investors. This article will provide an overview of potential alternatives to traditional equity investment in 2023, including cryptocurrency, venture capital, and private equity.

We’ll discuss the various use cases for each type of investment, as well as their respective pros and cons. By understanding these alternative options, investors can make more informed decisions about their investments in 2023 and beyond.

Finding the Right Path to Successfully Secure Equity Investment in 2023

The journey to successfully secure investment in 2023 is a complex one that requires careful planning and execution. To ensure success, entrepreneurs must be aware of the various trends and opportunities that are available in the market. By understanding the current landscape, entrepreneurs can identify potential investors and develop strategies to attract them.

Additionally, entrepreneurs must also consider the legal aspects of equity investment, such as company formation, valuation techniques, due diligence requirements, and other considerations. With the right knowledge and resources at their disposal, entrepreneurs can find their way to successful equity investment in 2023.

Key Points

  • According to a survey, 60% of Indian companies believe that equity financing would continue to be unavailable to them this year because to the funding winter environment, which has limited the influx of venture capital.
  • According to the Startup Pulse 2023 report by Recur Club, a platform for alternative financing to startups and SMEs, which polled more than 200 founders, 57% of the founders reported having limited access to relevant investors. In addition, 51% of them reported facing difficulties with investors who lacked urgency and long wait times.
  • According to the report, this has had an effect on the development of digital businesses in a variety of industries, including D2C (direct-to-consumer), B2B (business-to-business) tech platforms, and tech services, with the median revenue growth falling from 103% in 2021 to 48% in 2022.
  • Startups in the SaaS and real estate technology sectors, however, managed to resist this tendency and mostly maintain their growth pace and stability.
  • In 2022, the Indian startup ecosystem had a substantial course correction, garnering about $24 billion in equity capital, down from a record $42 billion in 2021, according to the report.
  • Nonetheless, despite a decline in growth stage funding, the year saw a significant increase in angel investments, particularly in the retail industry, with a larger emphasis on value-based investments than rapid expansion.
  • Despite this context, the report revealed that 81% of founders are enthusiastic about accelerating their company’s growth in 2023, with SaaS, co-working, and digital services companies being the most upbeat.