Author: Gaurav

Of the 275 initial public offers (IPOs) in India since covid, 35% have delivered negative returns  on their issue price. Compared to their listing price, which is the price at which shares start trading, almost half have delivered negative returns. Relative to the BSE 500 return too, half or more have underperformed. Overall, only 36% of IPOs over the past five years have been a worthwhile investment.  Surprisingly, qualified institutional placements (QIPs) fared only marginally better. Of the 224 QIPs since the pandemic, only 99 have outperformed the BSE 500 index, giving these professional investors a success rate of 44%.…

SUMMARY L2 blockchain startup Polygon’s cofounder Sandeep Nailwal will take over as the CEO of Polygon Foundation He said that the reason behind such a move aligns with Polygon’s vision on clear direction and focused execution Besides Polygon, Nailwal also cofounded Sentient Foundation in 2024 L2 blockchain startup Polygon’s cofounder Sandeep Nailwal will take over as the chief executive officer (CEO) of Polygon Foundation, which supervises Polygon Labs and other entities. “I have decided to take full control of Polygon Foundation and will be its CEO going forward. Polygon Foundation owns and oversees multiple entities including one of the major…

IIM Kozhikode, in collaboration with Emeritus, is launching a Professional Certificate Programme in Applied Finance starting June 28, 2025 The Indian Institute of Management (IIM) Kozhikode, in partnership with global education provider Emeritus, has launched a Professional Certificate Programme in Applied Finance. The course, designed to meet growing demand for applied financial skills, will begin on June 28, 2025.Programme targets India’s rapidly growing fintech sector India’s fintech landscape is expanding at a rapid pace, with over 2,100 firms currently operating in the space, according to data from the India Brand Equity Foundation (IBEF). This growth, driven by improved digital infrastructure…

Former operators or executives who have moved from scaling existing businesses to founding their own ventures are three times more likely to raise seed rounds, according to a report by data intelligence platform Tracxn. Operator-led startups raised $101 million in 2024, marking a 243% increase compared to 2023. They accounted for 11.5% of all venture funding in 2024, up from just 6% the year before. The funding remains significantly higher than the $53 million raised in 2022, the report commissioned by early-stage venture capital firm RTP Global said.According to the report, the rise in funding is being fuelled by liquidity…

In a bizarre incident, an Indian founder in the United States has sparked a heated debate online after making comments on Gujaratis. In a statement, Sriram Ayer, an entrepreneur and photographer who is based in Texas, took to his X (formerly called Twitter) and said Gujaratis ‘bring shame to India’ with their behaviour.Further making major claims, the entrepreneur said, “In the US and Canada, a vast majority of Gujjus are causing havoc and bringing shame to India.” Ayer went on to call out the behaviour of Gujaratis, which reflects poorly on India, but the same cannot be said for South…

Upstox Securities Pvt. Ltd.: SEBI Registration No. INZ000315837 | NSE TM Code: 13942 | BSE TM Code: 6155 | CDSL Reg No.: IN-DP-761-2024 | CIN: U65100DL2021PTC376860 | Compliance Officer: Mr. Kapil Jaikalyani. Tel No.: (022) 24229920. Email ID: compliance@upstox.com | Registered Address: 809, New Delhi House, Barakhamba Road, Connaught Place, New Delhi – 110001 | RKSV Commodities India Pvt. Ltd.: SEBI Registration No.: INZ000015837 | MCX TM Code: 46510 | CIN: U74900DL2009PTC189166 | Compliance Officer: Mr. Amit Lalan. Tel No.: (022) 24229920. Email ID: compliance@rksv.in | Registered Address: 807, New Delhi House, Barakhamba Road, Connaught Place, New Delhi – 110001.…

Mumbai: Adani Airport Holdings Ltd (AAHL) may raise around $1 billion in equity from international investors as it evaluates future growth plans and potential acquisitions, according to Adani Group CFO Jugeshinder Singh.This would be the first time the airport business is raising equity capital from an external investor. “Everyone wants to do airports with us – investors from the US, Middle East and Australia have evinced interest in investing in the business,” said Sagar Adani, nephew of group chairman Gautam Adani. Sagar Adani is also executive director, Adani Green Energy.The airport unit, fully owned by Adani Enterprises Ltd, is valued…

Bengaluru: Australian fertility business Monash IVF said on Thursday its chief executive officer and managing director, Michael Knaap, had resigned, days after reporting a second fertility clinic mix-up over a two-month span.Shares of the company rose as much as 5.8 per cent to A$0.64 at open in Sydney, signaling the news has helped calm investor concerns that had led to a 42 per cent drop in Monash stock since the first mix-up was disclosed in April. The company did not give out a reason behind Knaap’s resignation, and it did not immediately respond to a Reuters request for comment.Knaap previously…

News Desk11 June 2025, 03:18 PM ISTIndia`s Finance Ministry clarifies that no MDR charges are planned for UPI transactions, dismissing online speculation. BHIM UPINew Delhi: The Finance Ministry on Wednesday said that “speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading”. “Such baseless and sensation-creating speculations cause needless uncertainty, fear and suspicion among our citizens. The Government remains fully committed to promoting digital payments via UPI,” the Finance Ministry stated. The official rebuttal was issued following several reports circulated online claiming that the government was planning to impose…

2025-06-11T19:37:18Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Y Combinator’s spring 2025 batch featured 70 startups focused on agentic AI. The intensive, three-month accelerator program invests $500,000 in each selected startup. BI combed through YC’s spring batch to find 10 of the most interesting AI agent startups. Christmas came early for Y Combinator. The storied Silicon Valley accelerator had AI…