Angel funds, though structured as alternative investment funds (AIFs), are different as they only invest in startups and cater only to accredited investors currently. Accredited investors are considered to have a better understanding of risks in investment and are required to meet the net-worth criteria, which is verified by a third-party accreditation agency before being allowed to invest in angel funds.
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Pieces of a Puzzle
Auto alliances have had a chequered history in India. Can the proposed Honda-Nissan merger change that?
Resource gaps present challenges to auction
The Ministry of Mines launched its first-ever offshore mineral auction in November. But a key challenge looms: There is no resource data available for seven G4 (reconnaissance) blocks of polymetallic nodules and crusts located off the coast of the Great Nicobar Island.
8 in 10 app-based taxi users notice dark patterns: Report
Eight in 10 users of app-based taxi service have noticed disparity in cab fares displayed simultaneously on Android devices and iPhones for identical rides, according to a report by LocalCircles.
NTPC partners US firm for thorium fuel
India's largest power generator NTPC Limited on Friday said it has signed a strategic pact with US-based Clean Core Thorium Energy (CCTE) to explore development and deployment of advanced nuclear energy for enriched life (Aneel).
CDSCO flags 2 drugs spurious, 111 fail quality test in Nov '24
The Central Drug Standards Control Organisation (CDSCO) on Friday flagged select batches of two drugs as spurious and listed 111 other drugs and formulations as not of standard quality.
Insurance penetration ratio has a long way to go
Do you make it simple for customers to understand? These are all crucial factors that have driven the adoption of insurance.
Delayed winter rain may bring relief to rabi crops
Delhi and its adjoining northern and central parts of the country woke up to a cold and wet day on Friday as the whole region experienced a long-awaited wet spell in December this year.
Bank Stocks Push Markets Up
Benchmark BSE Sensex rose by 226 points while Nifty settled above the 23,800 mark on Friday following gains in auto and banking shares even as investors turned cautious due to FII outflows and a record fall in the rupee.
NON - EPFO PMS Assets Top ₹10 Trillion
Listed equity PMS assets have trebled since FY19, helped by a pandemic-era bull market
JSW Infrastructure anchored for robust growth on strong balance sheet
JSW Infrastructure (JSWIL), the second-largest private port operator, is on an expansion drive. It plans to add capacity from the existing 170mnt (million tonnes) to reach 400mnt.
