Finance | Page 5

Kore.ai, a leader in enterprise conversational and generative AI platform technology, announced $150 million in funding.

In the context of the stagnating rate of female participation in the workforce and a persistent gender pay gap, the insights from a recent study have come out, which are pertinent for businesses, regulators and financial institutions as well as a revelation when it comes to understanding the variations of Indian women's relationship with their finances.

Entrepreneur India spoke to the titans of the financial industry on ways to invest smartly in 2024. Here's what they have to say

From the earliest days of the Medici bank in the 14th century, the financial sector has been dominated by large, established institutions with deep pockets.

The growing interest in small and mid-cap is obvious from the fact that since the beginning of this year, these two categories have given impressive returns. While the Nifty 50 index has experienced a modest gain of around 10% in 2023, the small and mid-cap indices surged by an impressive 30% during the same period

The lack of awareness about the admissions process continues to exist in the country. A highly successful bootstrapped start-up, Gradvine, aims to ensure that students right from ninth grade until post-graduate students are aware of the opportunities out there and how to achieve the set goals

People are getting more and more comfortable with market linked returns, and are moving away from contextual savings and the trend is likely to continue, says R. S. Srinivas Jain, Executive Director & Head of Strategy, SBI Mutual fund in an exclusive interview with Entrepreneur India. Edited Excerpts

India logged the most number of IPOs this year till September, according to a study. With several more IPOs expected in the next few months, experts advise public to factor in some key considerations before shelling out their money

Santhosh Kumar Lalgudi, a leading global figure in the tax technology industry, says the strategic use of technological tools is the answer to navigating the complexities of modern tax environments

Recently, the multi-national financial services firm, Freedom Holding Corp., (NASDAQ: FRHC) found itself the target of a series of short seller disinformation campaigns designed to drive down the company's stock value, and achieve significant gains for the short seller.

Over the last few years, various issues have cropped up concerning crypto assets, whether it is the need for consumer and investor protection, market protocols or anti-money laundering.

Dive deeper into the portfolios of some couplepreneurs and find out where they are investing to maximise their wealth beyond business

As of March 2023, the AUM of AIFs totalled INR 8.34 lakh crore according to SEBI data. In March 2019, that figure was INR 2.82 lakh crore, which is an increase of more than 3x in the last five years. Also, the industry has witnessed a steep increase in the number of AIFs in the country from mere 366 in 2018 to above 800 in 2022.

The investor who's best at placing early-stage bets on companies now worth $1B+

In 2014, Subodh Bajpai took a bold step by establishing his own investment firm. His goal was clear: to provide investment opportunities to businesses and individuals in India. Over the years, he has not only achieved this goal but has also become a stalwart in India's investment market.

Gold is often considered a safe commodity for several reasons. Gold has been valued for thousands of years due to its scarcity and aesthetic appeal. Its scarcity gives it inherent value, as it cannot be easily reproduced or created.

The ultimate rich list is out, and Mukesh Ambani has surged to the top spot, surpassing Gautam Adani, whose wealth more than halved in the last year.

The inclusion of the IGBs will be staggered over a 10-month period starting June, 2024, through March, 2025 (i.e., inclusion of 1% weight per month).

Sean Chin MQ brings with him a wealth of commodities trading experience and built discipline

A lesser known fixed income option but that can boost your fixed income portfolio is corporate bonds. Many good quality corporate bonds currently fetch 9-11% per annum yield compared to a 6-7% annual interest rate on 1-3 year bank FDs.

114 countries (over 95 per cent of global GDP) are exploring a CBDC. While the current CBDC industry is a small one, the scope for innovation and offerings is vast.