Abolition of angel tax cheers startups, investors

Startup and venture funds on Tuesday cheered the Budget decision on the abolition of angel tax for all investor classes, terming it a "game-changer" that would remove significant barriers in growth......

IPO-bound startups find favour with investors amid funding resurgence

The tide of startup-funding is turning in India, with a rising trend of overall funding while the deal sizes grow bigger. Illustration: Dominic Xavier/Rediff.com However, the spotlight now is on......

Unicorns Carve Profits In Funding Winter

'Given that the market is now demanding disciplined growth, well-run companies should be able to demonstrate profitability with the cash on hand.' Illustration: Dominic Xavier/Rediff.com  ......

Have Zomato, Swiggy finally figured out the right recipe?

Something is cooking in on­line food delivery. After 15 years of grappling with the demands of the business — read cash burn — Guru­g­ram-based Zomato reported its first......