Tag: valuation
Sanjeev Bikhchandani: Doubtful of markets’ reception of loss-making firms without visibility on profits: Sanjeev Bikhchandani
Info Edge cofounder Sanjeev Bikhchandani on Tuesday said he is doubtful about how receptive the public markets will be of loss-making companies unless there is…
Angel tax India: Centre notifies final angel tax rules, retains all five valuation methodology from draft rules
The centre on Tuesday notified Angel Tax rules retaining all the five valuation methodology from the draft rules and introducing a mechanism for arriving at…
28% GST on online gaming could boost revenue collection tenfold
The online gaming industry is fuming following the decision of the GST Council to levy 28% GST on the turnover of online gaming. Industry stakeholders…
IPO: Drone maker IdeaForge raises Rs 60 cr in pre-IPO round
Mumbai: India’s largest drone manufacturing company, IdeaForge Technology, has completed its pre-IPO (initial public offering) placement at a valuation of around ₹2,500 crore, banking sources…
eruditus: US fund cuts edtech Eruditus’ valuation by 9% to $2.9 billion
The Private Shares Fund, a New York-headquartered firm focusing on investments in late-stage venture-backed private companies, has reduced the valuation of its holding in edtech…
angel tax: Angel tax regime: Draft rules give investors more valuation flexibility
India on Friday announced draft valuation rules for overseas investments into startups under the ‘angel tax’ regime, providing foreign investors greater flexibility in determining the…
venture capital: ETtech Deep Dive: No more Mr Nice VC
Sanjay Pathak was astonished by the venture capitalist’s ask. A founder of the New Delhi-based dental-aligner manufacturing upstart 32 Watts, Pathak did not expect an…
PCVs: Sebi mulls PCVs to offer long funding
Mumbai: Amid allegations of fierce valuation games that drive startups to dress up numbers and venture capitalists to spin stories to investors, the idea of…
budget angel tax: ETtech Explainer: Has the Budget 2023-24 resurrected ‘angel tax’?
The Finance Bill, 2023 has proposed bringing non-resident investors in unlisted companies under the ambit of Section 56 (2) (viib) of the Income Tax Act,…