US-based venture capital firm Accel Partners has raised $550 million for its sixth India fund as it seeks to ramp up its investments in the country’s booming startup ecosystem. The latest fundraise topped the $450 million Accel raised for its fifth India fund in late 2016. Accel Partners India currently...
Union Minister Giriraj Singh addresses National Milk Day celebration
The Union Minister for Fisheries, Animal Husbandry & Dairying Shri Giriraj Singh addressed entrepreneurs, milk producer farmers, academia and media on the occasion of National Milk Day-2019 at Pusa in New Delhi. Addressing the august gathering Shri Singh thanked Prime Minister Shri Narendra Modi for protecting interest of 10 crore farmers...
Partnership between U.S., India Advances
As part of the Raisina Dialogue, an annual multinational conference geared toward issues facing the global community, that took place at New Delhi on January 9 this year, Navy Adm. Philip S. Davidson, commander of U.S. Indo-Pacific Command, answered questions during a panel discussion. He noted that the Indo-Pacific region...
UNCTAD: India Is a Leading Exporter of Creative Products
According to the second edition of the periodic Creative Economy Outlook: Trends in International Trade in Creative Industries report released by the United Nations Conference on Trade and Development (UNCTAD), India’s creative goods exports increased nearly threefold from $7.4 billion in 2005 to $20.2 billion in 2014, making it one...
India's Solar Panel Demand Will Surpass the U.S.
Global solar photovoltaic (PV) demand is forecast to hit another annual record of 113 gigawatts in 2018. China will again dominate global PV demand comprising almost half of the total market. "Demand in China will once again shape the global PV market," said Edurne Zoco, research and analysis director for...
Blackstone Raises $9 Billion in 2 Asia Funds
Joining peers such as KKR & Co., and The Carlyle Group, New York-based asset manager Blackstone Group LP raised $9.4 billion in two Asia-focused funds. The company hit the final close on its first Asian private equity fund at $2.3 billion, and its second regional real estate fund at $7.1...