Page 32 - Investment
FanCode raises $50 mn from Dream Sports, plans 100 million user base
The company said it has live-streamed nearly 30,000 hours of sports content and aims to have a user base of 100 million in a year
 "FanCode raises $50 mn from Dream Sports, plans 100 million user base")
Stride Ventures announces new fund, targets corpus of up to Rs 1,875 crore
Investment firm Stride Ventures on Tuesday announced a debt fund for Indian startups with corpus that can go up to Rs 1,875 crore
 "Stride Ventures announces new fund, targets corpus of up to Rs 1,875 crore")
European Parliament votes to 'freeze' investment deal with China
The latest development represents a new blow to the EU-China Comprehensive Agreement on Investment (CAI) that European leaders reached during a video call with Chinese President Xi Jinping
 "European Parliament votes to 'freeze' investment deal with China")
CPP Investments wants a bigger pie in Indian equities, credit markets
As part of its 2025 strategy, the AE department continued to grow its exposure in EMs
 "CPP Investments wants a bigger pie in Indian equities, credit markets")
Motilal Oswal Real Estate announces 1st close of its fifth real estate fund
The Fund, which was launched with a target corpus of Rs 800 crore has received commitments aggregating Rs 650 crore.
 "Motilal Oswal Real Estate announces 1st close of its fifth real estate fund")
Scotland seeks to ramp up trade and investment ties with India
Scottish exports to India today are modest. In 2018, goods and services accounted for £295 million or just 0.9 per cent of Scotland's international exports
 "Scotland seeks to ramp up trade and investment ties with India")
KKR invests $95 mn in Lenskart, says will help eyewear firm's growth
TPG Growth and TR Capital will each divest a portion of their holding in Lenskart.
 "KKR invests $95 mn in Lenskart, says will help eyewear firm's growth")
Mumbai Angels Network sees 36 exits, eyes 50 investments this year
Purplle has raised $45 million from Sequoia Capital India and existing investors Verlinvest, Blume Ventures and JSW Ventures.
 "Mumbai Angels Network sees 36 exits, eyes 50 investments this year")
Anupam Rasayan to invest Rs 43 cr to set up a 12.5 MW solar power plant
Speciality chemical company Anupam Rasayan India on Tuesday said it will invest Rs 43 crore to set up a 12.5 megawatt (MW) solar power plant
 "Anupam Rasayan to invest Rs 43 cr to set up a 12.5 MW solar power plant")
SK Corp to invest tens of billions of shares in US hydrogen firm Monolith
SK Corp, the holding company of SK Group, has decided to invest tens of billions of won worth of shares in Monolith, an American hydrogen company, and plans to sign a contract within this month
 "SK Corp to invest tens of billions of shares in US hydrogen firm Monolith")
Civil society calls for rights safeguards in EU-China investment deal
A joint appeal has been made to the European Institutions calling for the inclusion of enforceable human rights clauses in the EU-China Comprehensive Agreement on Investment
Combine your SIPs with long-investment horizon for better results
Expert advice on how to many the most of your systematic investment plans
 "Combine your SIPs with long-investment horizon for better results")
Blackstone to buy controlling stake in Mphasis for up to $2.8 billion
Leading investment firm Blackstone on Monday announced to acquire a controlling stake in IT services firm Mphasis for up to $2.8 billion
 "Blackstone to buy controlling stake in Mphasis for up to $2.8 billion")
Traditional policies' tax benefits must go
The tax exemption encouraged retail investors to buy traditional policies, which, in turn, invested in G-Secs. But now there are many other buyers for G-Secs
ULIPs remain popular despite tax tweak, on par with equity mutual funds
Industry players say awareness of products rose after Budget
 "ULIPs remain popular despite tax tweak, on par with equity mutual funds")
ORAI raises Rs 3.6 cr in pre-Series A round from Inflection Point Ventures
The funds raised would be used for international expansion and collaborations, sales and marketing along with product development and enhancement
 "ORAI raises Rs 3.6 cr in pre-Series A round from Inflection Point Ventures")
Opt for fixed maturity plan if you need discipline of a lock-in: Experts
FMPs allow investors to lock into current yields. The scheme information document indicates the fund's allocation to instruments of various credit ratings
 "Opt for fixed maturity plan if you need discipline of a lock-in: Experts")
Invest young: Financial planning tips for people taking up their first job
Business Standard's Bindisha Sarang tells us five things every 20 something or millennial should know about money. Listen to know more
 "Invest young: Financial planning tips for people taking up their first job")
Stick to asset allocation during Covid 2.0
The advice to manage investments through appropriate allocation between debt, domestic equity, international equity, real estate and gold remains evergreen
Morgan Stanley India Infra invests $21 mn in connectivity solutions co iBus
iBus serves 4 mn customers in 10 cities. It currently deploys its infra at 233 commercial, residential and retail sites across the country
 "Morgan Stanley India Infra invests $21 mn in connectivity solutions co iBus")
