How UPI is making mutual fund investments faster

By offering UPI, mutual fund investment houses are trying to reduce the time for investing in a scheme to within 24 hours. Photo: iStockphoto As digital transactions slowly but surely gain steam in the country, mutual funds too are opening up newer digital avenues for investors. The aim is to make investing as easier as […]

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Mutual fund investment platform Nivesh.com raises angel round

Noida-based Providential Advisory Services Pvt. Ltd, which runs mass market mutual fund investment platform Nivesh.com, has raised an angel round from VCCircle founder PV Sahad, former head of investor relations at Infosys Sandeep Shroff and Right Global Infosolutions CEO Rahul Gupta. The omni-channel platform, founded in August last year by Anurag Garg and Sridhar Srinivasan, […]

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Retiring Business Owners: Search Fund Firm Seeking to Invest in Single Small Company

Alessio Baraldi and Dmitri Ivanov, two Brooklyn, N.Y.-based entrepreneurs and co-presidents in the private investment fund Albaron Growth Partners, have a rather unusual goal: to acquire a single company valued between $5 and 50 million, which they will then operate as principals. Baraldi and Ivanov founded Albaron with a simple premise: a growing number of small-company […]

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USDA Announces $150 Million Investment Fund for Rural Businesses

0 The U.S. Department of Agriculture has announced a $150 million fund the agency will use to invest in small rural businesses. The fund establishes a new Rural Business Investment Program with a new wrinkle for investment in rural ag-related companies. The new investment fund was announced as part of the Obama administration’s “Made in […]

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SBA Fund Adds Manufacturing, Lifts $200 Million Limit

The Small Business Administration has just added advanced manufacturing to a national priority list for SBA backed investment. It has also raised a $200 million annual limit on the amount of funding to support investment in these sectors. The SBA’s Impact Investment Fund was initially launched in 2011 to support the growth and development of […]

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Japan’s Top Hedge Fund Is Setting Up an AI Lab in a Kyoto Temple

Japan’s top-performing quantitative hedge fund is setting up an artificial intelligence research facility in Kyoto. GCI Asset Management Inc., which manages $1.2 billion, aims to develop new investment models by bringing big data and artificial intelligence together in a temple it is refurbishing in Kyoto. Founder and Chief Executive Officer Hideki Yamauchi’s goal is to […]

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BRICS Summit 2016: Russia Plans $1 Billion India Joint Fund

BRICS Summit 2016: Russia Plans $1 Billion India Joint Fund President Vladimir Putin arrived for the eighth two-day BRICS Summit in Goa today. BENAULIM, GOA: In a first, Moscow has agreed to pump in $500 million into the Indian infrastructure space, along with an equal investment by the newly formed National Infrastructure Investment Fund (NIIF), […]

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