Investors are pulling out all stops to ensure that their portfolio start-ups utilise the capital to its fullest potential while practising fiscal responsibility to avoid excessive burn rates
Questions arise why countries like Singapore, Mauritius and the United Arab Emirates, which account for a majority of inbound foreign direct investment, are missing from CBDT’s notification
In terms of the number of deals, April 2023 recorded 49 transactions, which is a 55 per cent decline compared to the year-ago period and 32 per cent lower when compared with March
The total ongoing funding round would increase to around $500 million if ChrysCapital participates and other early investors including SoftBank Vision, Kedaara Capital and TR Capital are clocking a partial exit
Going forward, it is clear that the ESG agenda is shifting from mind-share to wallet-share, especially in key sectors of clean energy and mobility, the report added
Furthermore, recent events in the global financial world, including the collapse of Silicon Valley Bank and the contagion spreading to other mid-market US banks, have contributed to the overall uncertainty in India's office leasing demand, it added