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  1. Business News
  2. Authors
  3. sandeep.soni

Sandeep Soni

Karnataka
Karnataka Budget 2024: Rs 25 lakh support for SMEs to IPO, interest subsidy on Rs 10 crore loan and more

The state government will partner with TReDS service providers for government departments, public-sector enterprises and MSMEs and “prevent liquidity crunch…

By Sandeep Soni
February 16, 2024 18:35 IST
tracxn, startup funding, delhi ncr, karnataka, maharashtra, gujarat, seed stage funding, early stage funding, startup deals, acquisitions
Startup funding in Kerala jumps while Karnataka, Delhi NCR, Maharashtra see big drop

Kerala stood out from the pack. The technology startups based in the southern state raised $33.2 million in 2023, an…

By Sandeep Soni
February 16, 2024 12:46 IST
Over 35,000 MSMEs shut so far post Covid; Maharashtra, TN, Gujarat see highest closures

The closures since July 2020 were 0.09 per cent of 3.70 crore units registered on the Udyam portal, as of…

By Sandeep Soni
February 12, 2024 11:15 IST
ffs, fund of funds for startups, sidbi, crisil, startup unicorns, startup india benefits, dpiit, commerce ministry, narendra modi
Govt’s Fund of Funds for Startups scheme: Rs 17,534 crore invested in 938 startups, says Crisil-SIDBI report

While FFS largely focuses on early-stage funding in young companies, as many as 18 of its startups have already become…

By Sandeep Soni
February 9, 2024 16:26 IST
key fact statement, rbi, reserve bank of india, shaktikanta das, msme loans, retail loans, lenders, regulated entities, msme credit, loan terms and conditions, fees and charges for loans
MSME stakeholders welcome RBI’s move to bring KFS to retail, MSME loans for enhanced transparency in lending

KFS enables borrowers to understand key information regarding a loan agreement, including the all-in-cost of the loan, in a simple…

By Sandeep Soni
February 8, 2024 18:57 IST
cactus venture partners, sidbi, Self-Reliant India Fund (SRI Fund), UP Startup Fund, Kapture, Vitraya, AMPM, Auric, Lohum, rubix data sciences, clean tech, health tech, saas, b2b enterprise
VC firm Cactus Venture Partners marks final close of its Rs 630 crore first fund

The fund currently has five companies viz., Kapture, Vitraya, AMPM, Auric, and Lohum in its portfolio and is targeting to…

By Sandeep Soni
February 7, 2024 09:30 IST
budget 2024, nirmala sitharaman, msmes, mudra yojana, mudra NPAs, women entrepreneurs, budget speech
Budget 2024: 43 crore Mudra loans worth Rs 22.5 cr given; 30 cr loans to women entrepreneurs, says FM Nirmala Sitharaman

As of January 26, 2024, in the current fiscal, 4.9 crore loans involving Rs 3.90 lakh crore were sanctioned of…

By Sandeep Soni
February 1, 2024 11:28 IST
Flipkart
Flipkart to deliver products same day beginning February in these 20 cities; check categories you can order from

The orders will be fulfilled from the nearest fulfillment center (FC) to reduce the transit time.  

By Sandeep Soni
January 31, 2024 16:04 IST
Equirus, deeptech, saas, software as a service, tech startups, startups fund, investment banking, insurance broker, b2b companies, startup funding, funding winter
$25 million for SaaS, deeptech, fintech startups: Equirus launches new fund amid funding winter

Equirus said $500,000 to $1 million will be invested in 15-20 companies showcasing “proven track record of sustainable business models,…

By Sandeep Soni
January 25, 2024 12:11 IST
innoven capital, indian startups, early stage startups, startup valuation, byju's ola, oyo, swiggy, funding round, startup funding, india startup outlook report, nasdaq, startup profitability
85% early-stage Indian startups expect higher valuations in next funding round: InnoVen Capital report

44 per cent of such founders expect ‘significantly higher’ valuations in their coming round while 20 per cent of growth/late-stage…

By Sandeep Soni
January 18, 2024 15:01 IST
orios venture partners, indian unicorns, unicorn startups, $1 billion valuation, startup valuation, byju's ola, oyo, swiggy, zomato, meesho, mamaearth, delhivery, paytm, easemytrip, freshworks, policy bazaar, indiamart, makemytrip, justdial, infoedge
Valuation markdowns: Byju’s, Ola, Swiggy, other unicorn startups lost 49% value on average in 2023, says report

The challenging environment, which called for strengthening the bottom line, however led 23 unicorns last year to profitability.

By Sandeep Soni
January 17, 2024 17:38 IST
amazon india, amazon launchpad programme, amazon marketplace, startups and small businesses, ecommerce, online business, startup india, national startup day, ondc, open network for digital commerce, amazon sellers,
Interview | Amazon Launchpad: We saw 57% growth in startups, small businesses participating in 2023, says Gaurav Bhatnagar

“The growth trajectory of our Launchpad programme is optimistic, and we anticipate a steady rise in startups and small companies…

By Sandeep Soni
January 16, 2024 14:07 IST
wow momo, Khazanah Nasional Berhad, malaysia, sagar daryani, oaks asset management, indian angel network, lighthouse funds, qsr, restaurant chain, quick service restaurants, fmcg,
Wow! Momo raises Rs 350 cr from Malaysia’s Khazanah Nasional Berhad; early investors exit

Launched in August 2008, Wow! Momo Foods has over 630 outlets in more than 35 cities and plans over 200…

By Sandeep Soni
January 16, 2024 11:46 IST
goa government, cgtmse, goa credit guarantee scheme, gcgs, msme loans, credit guarantee of msme loans, msme lenders, banks, women entrepreneurs, agniveers, sc-st entrepreneurs
Goa govt notifies Rs 5 crore credit guarantee scheme for loans to micro, small enterprises

Loans given to MSEs based in Goa with Udyam registration will have up to 75-85 per cent guarantee coverage from…

By Sandeep Soni
January 15, 2024 12:55 IST
shaktikanda das, rbi, reserve bank of india, central bank, rbi governor, ppirp, pre packaged insolvency resolution process, corporate insolvency, insolvency and bankuptcy code, ibc, msme ministry
Pre-pack insolvency resolution adoption among MSMEs seems to be relatively muted: RBI’s Shaktikanta Das

“One reason could be the hesitancy on the part of the financial creditors (FCs) in approving the proposals under this…

By Sandeep Soni
January 12, 2024 14:04 IST
enterprise software startups, artificial intelligence, AI, offshoring, chamath Palihapitiya, social capital, startup incubator, networking, silicon valley, venture capital
Silicon Valley VC Chamath Palihapitiya announces incubator 8090 for enterprise software startups

“Tell us what enterprise software you use and my team and I will build you an 80% feature complete version…

By Sandeep Soni
January 12, 2024 11:50 IST
Association of Chartered Certified Accountants, acca, smes, costs, workforce, esg reporting, innovation, talent management, jobs, productivity, regulatory compliance
Escalating costs, talent management, ESG reporting top 3 hurdles for SMEs entering 2024: Report

The report called for tailored strategies to support SMEs in navigating the evolving business landscape along with embracing innovation, optimising…

By Sandeep Soni
January 11, 2024 16:53 IST
upekkha, saas, software as a service, startup accelerator, startup vc fund, westbridge capital, mckinsey, b2b, marketplace
SaaS startup fund Upekkha makes first close at $15 million of $40 million fund

Upekkha said the fund will back more than 70 early-stage startups in 2024, at a time when “larger investor sentiment…

By Sandeep Soni
January 11, 2024 13:41 IST
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