Bosch Makes First Venture Investment In India With Deeptech Startup SimYog

Robert Bosch Engineering and Business Solutions, has announced its first venture investment in India in Bengaluru-based deeptech startup SimYog Technologies. Incubated at the Indian Institute of Science, SimYog has raised $885.7K (INR 6.3 Cr) in a funding round with participation from early-stage venture capital firm Ideaspring Capital. The startup plans to use the fresh funds to expand its product offering. The company will also expand its team to 12 people—from five now—over the next year, as it adds customers and products. Founded in 2017 by Dipanjan Gope, Anant Devi and…

Read More

Investment for child: Birla MF Bal Bhavishya NFO – Is it amongst the best plans for children related investment?

There aren’t many MF schemes targeting needs such as arranging down payment for a home loan, children education and marriage needs or one’s own retirement. When it comes to investments for child, most parents are in a fix and unable to find a dedicated investment for meeting financial goals of the children. However, for specific goals, such as child education, it helps to earmark the funds towards it and not run the risk of making a premature exit before the goal is met. Mutual funds that are child-focused schemes may…

Read More

Here’s how Systematic Investment Planning can help meet your financial goals

Sundaram Mutual in association with ET NOW has come out with the ‘Sahi SIP’ initiative which aims to encourage people to start saving and investing in a systematic and flexible manner in mutual funds Here’s how SIP can help meet your financial goals We all have aspirations in life, which act as a driving force to work harder and dream bigger. These aspirations define both the short and long-term goals of life and propel us towards planning a host of financial decisions. It always pays to set the goals and…

Read More

5 top investment options for millennials in 2019

Successful investing is about managing risk, not avoiding it, said Benjamin Graham, a British-born American investor who was known for his theories on investment. His quote has become a mantra for several Indian millennials who seek exciting investment opportunities in lieu of textbook options. Experts explain that the herd mentality’ in investment, where children follow the path shown by parents, has witnessed a sharp reduction. It indicates that young investors are now looking for diverse options rather than opting for traditional fixed deposit or tax-saving post office schemes. Most youngsters…

Read More

There’s no place like home, and retirees say they’ll renovate in order to stay

CNBC Survey: Millionaires bullish on economy and stock market   2:30 PM ET Thu, 20 Dec 2018 | 01:38 The 2020 race for the White House is just barely under way, but the latest CNBC Millionaire Survey shows some troubling signs for the incumbent President Donald Trump, including an energized base of wealthy Democrats and unsteady support from wealthy Republicans. Just 34 percent of America’s millionaires say they would vote to re-elect President Trump if the election were held today. Among Republicans, Trump has lost more than one-third of wealthy voters,…

Read More

Ola Invests $100 Million In Scooter Sharing Firm Vogo To Supply 100,000 Scooters

  Bhavish Aggarwal, Co-founder & CEO with Anand Ayyadurai, Founder & CEO, Vogo App-based ride-hailing platform Ola has announced that the company will be investing $100 million (around ₹ 710 crore) in Vogo – India’s fast-growing scooter sharing network. The investment will go into the supply of 100,000 scooters by Vogo that will be used for short commutes. The collaboration will help Vogo gain a strategic supply advantage without having to incur signfiicant capital expenditure, while Ola’s 150 million customer base will be able to use Vogo’s services directly from…

Read More