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Raghuram Rajan on Wednesday said banks are not very likely to invest in startups, especially software enterprises that do not have hard collateral. Rajan, who was in the startup capital on Wednesday, was asked why banks are stingy when it come to lending to startup entrepreneurs. “It is a real issue everywhere. Banks may not […]
US-based venture capital firm Bessemer Venture Partners is in advanced talks to invest around Rs 80 crore or $12 million in food-delivery company Swiggy, according to two people aware of the negotiations. The deal, if it concludes, will value the Bengaluru-based company at around $200 million (Rs 1,350 crore), said one of the sources mentioned […]
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