Women remain under-represented in India's venture capital industry, particularly in decision-making roles. Analysis highlights major firms such as Z47 and Nexus Venture Partners with no female investors. Though firms like Peak XV Partners and Blume Ventures show better representation, the industry-wide gender gap persists, impacting the startup ecosystem by potentially limiting support for women-led startups.
Related news
Chinese officials are exploring the possibility of Elon Musk acquiring TikTok's US operations if the platform faces a ban, preferring it remains under ByteDance's ownership. Senior officials are debating contingency plans while ByteDance contests the ban in the Supreme Court. Negotiations involve complex geopolitical and financial factors, with Musk's involvement seen as strategically favorable.
NPS Vatsalya offers parents a way to secure their children's financial future, including retirement, with a pension scheme for minors. Notable features include a market-linked voluntary contribution system and a unique PRAN for account management. Minimum initial investment is Rs 1,000.
On Tuesday, Unimech Aerospace and Manufacturing Ltd shares debuted on the stock exchange with a notable 90% premium above its Rs 785 issue price, listing at Rs 1,491 on the BSE and Rs 1,460 on the NSE. The company's IPO was significantly oversubscribed, achieving a market capitalisation of Rs 6,956.20 crore.
Walgreens Boots Alliance has been acquired by Sycamore Partners for nearly $10 billion, aiming to revitalize the company after enduring financial challenges. The acquisition will transition Walgreens to a private entity, enabling it to undergo restructuring and improve cash flow amid competitive pressures and market shifts.
Securities and Exchange Board of India (Sebi) has issued an administrative warning to HDFC Bank for not complying with certain regulatory guidelines for custody activities. The bank stated it would address and rectify the highlighted lapses. A similar warning for regulatory non-compliance related to merchant banking was also issued to HDFC Bank in December 2024.
The National Stock Exchange of India (NSE) has surpassed 22 crore investor accounts, adding 2 crore in just six months. As of March 31, 2025, unique registered investors stood at 11.3 crore. Maharashtra leads in investor accounts, followed by Uttar Pradesh and Gujarat. Over the past five years, the Nifty 50 Index delivered a 22 per cent annualised return.
Revenue secretary Sanjay Malhotra's transfer to Mumbai has left a key position vacant weeks before the Union Budget. This isn't unprecedented, but the new appointee will need to quickly grasp complex tax issues. The situation is further complicated by recent leadership changes within the finance ministry, with several secretaries experiencing their first budget preparation.
Vanguard is set to inaugurate its largest global tech development centre in Hyderabad, marking its first in India. The centre will hire approximately 2,300 tech professionals within the next three to four years, focusing on AI/ML, Generative AI, cloud engineering, mobile engineering, and cybersecurity.
India's industrial sector is expected to grow at a slower pace of 6.2 per cent in FY25 compared to 9.5 per cent in FY24, as per advance estimates, primarily due to the base effect and a subdued manufacturing performance in the first half, according to Bank of Baroda report.
Budget 2025 expectations: Gold traders, including jewellers and bullion sellers, hope Finance Minister Nirmala Sitharaman will enable middle-class purchases of gold via EMI and fund artisan upskilling in the Union Budget 2025.