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MC ExpertEye | What Is That One Big Budget Announcement That Startup Founders Are Waiting For?


MC ExpertEye | What is that one big Budget announcement that startup founders are waiting for?
The coronavirus outbreak has ravaged businesses. While some have begun to emerge from the blow, many are still struggling. Can the Budget help? Read on
Representative image (PC- MoneyControl.Com)
Note to Readers:
MC ExpertEye is a weekly series of articles that will dive deep into an important topic by seeking answers from experts.
The year 2020 hit the economy hard following the pandemic. While some of the businesses started seeing corrections only towards the second half of the year, some are still struggling to come out of the pandemic blues. Given the extraordinary situation, we ask a bunch of entrepreneurs from across sectors what are the economic pain points of their businesses and their expectations from the budget this year. ....

Vaibhav Tolia , Sandeep Srinivasa , Sanchit Gaurav , Meena Ganesh , Atmanirbhar Bharat , Nitin Sharma , Anugrah Shrivastava , Health System Preparedness , Payment Infrastructure Development Fund , Employee Provident Fund Organisation , Control Com , Prime Minister , Kisan Credit Cards , Atma Nirbhar Bharat Scheme , Warren Buffet , Provident Fund Organisation , Alternative Investment Funds , Limited Partners , Health System , வைபவ் டோலியா , சந்தீப் ஸ்ரீநிவாச , சஞ்சிட் கௌராவ் , மீனா கணேஷ் , நிடின் ஷர்மா , அனுக்ராஹ் ஸ்ரீவாஸ்தவா , ஆரோக்கியம் அமைப்பு ப்ரிப்யாரெட்நெஸ் ,

India's Largest Lender HDFC Bank Invests in Fintech Firm Smallcase, which lets Users Invest in Basket of Stocks


December 12, 2020 @ 6:57 pm By Omar Faridi
Smallcase, a Fintech firm that allows people to invest in a basket of stocks, has acquired an undisclosed amount of capital (as part of its Series B investment round) from HDFC Bank, an Indian banking and financial services company based in Mumbai. HDFC Bank (NSE: HDFCBANK) is notably India’s largest lender and the largest bank in the country in terms of market capitalization (as of March 2020).
Existing investors DSP Group, Sequoia Capital and Blume Ventures also took part in Smallcase’s round. Arkam Ventures and several angel investors made contributions as well.
Established in 2015 by Vasanth Kamath, Rohan Gupta and Anugrah Shrivastava, Smallcase lets people make investments in a portfolio of stocks or exchange-traded funds (ETFs). Additionally, there’s an option to create more customized investment portfolios. The portfolios may be sectoral (investing in several different industries), thematic (like impact investing ....

Nandkishore Purohit , Rohan Gupta , Vasanth Kamath , Smita Bhagat , Anugrah Shrivastava , Sequoia Capital , Blume Ventures , Institutional Business , Startups Units , Digital Business , Bengaluru Headquartered Fintech , Kotak Securities , Axis Securities , நந்த்கிஷோர் புரோஹித் , ரோஹன் குப்தா , வசந்த் காமத் , ஸ்மிதா பகத் , அனுக்ராஹ் ஸ்ரீவாஸ்தவா , சீக்வோயா மூலதனம் , ப்ளூம் முயற்சிகள் , நிறுவன வணிக , தொடக்கங்கள் அலகுகள் , டிஜிட்டல் வணிக , கோட்டக் பத்திரங்கள் , அச்சு பத்திரங்கள் ,