Thursday, October 22, 2020

Egyptian Entrepreneur Abdulrahman A Starts New Marketplace For Gamers

Abdulrahman A, the young entrepreneur of 27 years, has recently launched the new marketplace for gamers, Gamesbandy. Located in Mansoura, Egypt, Abdulrahman A was a...
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    ZingiVir-H Covid-19 Tablets – Keralam Brings Ayurvedic Medicine For Treatment and Prevention of Coronavirus

    ZingiVir-H Tab is a Herbo-mineral tablet that is a blend of 7 ingredients. It is scientifically proven for its antipyretic, anti-inflammatory, and anti-bronchitis activities. The...

    Twitter Brings India’s First #YouBelongInTech Event

    Twitter has brought India's first 'You belong in tech event'. The event happened today on an online platform and anyone could join with an...

    Rudy L Kusuma, The Los Angeles Realtor Talks About His Mission to Help a 1000 Real Estate Agents

    Rudy Lira Kusuma is the CEO of , an INC 500 Fastest Growing Private Company in California. He is the...

    Betalab Announces its “Fix the Internet” Startups

    Startup studio Betaworks had announced that it was partnering with James Murdoch’s Lupa Systems to create a new program called Betalab, to fund and...

    Indian Government to Provide the Much-needed Growth for Startups

    The Indian government is engaged in talks with a global pension fund and Insurance Regulatory Development Authority of India (IRDAI) to float a $2 Bn () to provide the much-needed growth for startups.

    ’s are funds that pool capital from institutional investors and wealthy individuals to invest in riskier assets. All AIF’s in India come under the Security and Exchange Board of India’s purview.

    The aim is to provide more domestic funding options for the startup community and reduce their dependence on foreign private equity players.

    It is worth noting that compared to 2019, both the funding amount and deals in 2020 remained relatively low, indicating the adverse impact of the pandemic on startup investments in 2020. But the recommendations for AIF come amid a persistent anti-China “movement” in India. The Indian government has banned hundreds of Chinese mobile applications and told e-commerce platforms to list ‘country of origin’ for all products listed on their website.

    The government is also looking to bring in several special changes to the existing law. Global pension funds and insurance companies will also be one of the investors in the government’s efforts. Recently the Parliamentary Standing Committee on Finance has also called for an expansion of the SIDBI (Small Industries Development Bank of India) Fund-of-Funds vehicle as these will be enabled to function as an anchor investor.

    In April this year India had already changed its (FDI) rules which mandated that all investment from neighbouring countries in Indian companies would require the approval of the Indian government.

    It is predicted that due to the pandemic, the total annual funding in the calendar year 2020 will remain relatively lower compared to the previous year. The annual funding amount is estimated to remain anywhere between 11% to 36%.

    Latest Posts

    Egyptian Entrepreneur Abdulrahman A Starts New Marketplace For Gamers

    Abdulrahman A, the young entrepreneur of 27 years, has recently launched the new , Gamesbandy. Located in Mansoura, Egypt, Abdulrahman A was a...

    ZingiVir-H Covid-19 Tablets – Keralam Brings Ayurvedic Medicine For Treatment and Prevention of Coronavirus

    ZingiVir-H Tab is a Herbo-mineral tablet that is a blend of 7 ingredients. It is scientifically proven for its antipyretic, anti-inflammatory, and anti-bronchitis activities. The...

    Twitter Brings India’s First #YouBelongInTech Event

    Twitter has brought India's first 'You belong in tech event'. The event happened today on an online platform and anyone could join with an...

    Rudy L Kusuma, The Los Angeles Realtor Talks About His Mission to Help a 1000 Real Estate Agents

    Rudy Lira Kusuma is the CEO of Your Home Sold Guaranteed Realty, an INC 500 Fastest Growing Private Company in California. He is the...

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