Author: Business Matters Author

In a surprising move, Anandamoy Roychowdhary, a seasoned venture capitalist, has parted ways with Peak XV Partners (formerly Sequoia India) after an impressive 11-year tenure. His departure, which came at the end of November 2024, marks the second major exit from the firm in less than a year. Roychowdhary, who held the position of partner at the firm, has left a significant mark during his time at Peak XV, and his exit raises questions about the future direction of the firm, as well as his own career. Roychowdhary announced his departure through a cryptic post on X (formerly Twitter) on…

Title: Top Business Magazines in India for Entrepreneurs India’s entrepreneurial ecosystem has grown tremendously in recent years, with more individuals venturing into business and innovative start-ups. For entrepreneurs looking to stay updated on the latest trends, insights, and strategies in the world of business, industry publications play a crucial role. Business magazines offer a wealth of information about market dynamics, success stories, investment opportunities, and expert advice. Here are some of the top business magazines in India that every entrepreneur should consider: 1. Business Today Business Today is one of India’s leading business magazines, offering in-depth coverage of corporate news,…

PB Fintech-owned insurtech platform, Paisabazaar, has recently received notices from the Income Tax Department concerning certain vendor payments and their associated entities. These notices, issued by senior officials in the department, could have significant implications for the company as it seeks to clarify its financial transactions with vendors and partners. The Nature of the Notices The notices, which were sent by the Deputy Director of Income Tax and the Assistant Commissioner of Income Tax based in Delhi, involve inquiries into specific transactions made by Paisabazaar. The primary issue stems from payments made to certain vendors and their associated entities for…

Are you looking for a lucrative business venture that won’t break the bank? Well, look no further! Starting a business doesn’t always require a large investment. In fact, there are plenty of low-cost business ideas that can yield impressive returns. Whether you’re a wordsmith, social media guru, or creative genius, there’s an opportunity tailored just for you. So get ready to turn your passion into profit and discover these exciting entrepreneurial possibilities! Let’s dive in and unlock the door to your financial success. 1. Freelance Writing Freelance writing is a fantastic low-cost business idea for those with a way with words.…

8 Profitable and Exciting Business Ideas to Explore Today Are you itching to jump into the world of entrepreneurship but struggling to find that perfect business idea? Look no further! Starting a business can be one of the most rewarding experiences, but finding a successful and profitable idea is often the hardest part. With the right business model, creativity, and determination, you can transform your passion into a thriving venture. Whether you’re a social media guru, a creative writer, or have a passion for pets, there’s something on this list for everyone. Let’s dive in and discover the exciting potential…

Starting a business in India often seems daunting, especially when the costs of setting up, managing, and marketing a venture can be significant. However, what if we told you that it’s entirely possible to launch a profitable business with zero investment? With the rise of digital platforms, freelancing, and e-commerce, the opportunities to start a business without any capital have multiplied. Below are some practical steps and business ideas that require little to no investment but have the potential to become profitable. 1. Freelancing One of the most straightforward ways to start a business with no investment is through freelancing. If…

Mumbai-based Direct-to-Consumer (D2C) beauty brand, Sugar Cosmetics, has raised INR 38 Cr (approximately $4.5 million) in its latest funding round. This development comes as part of a series of funding tranches from a group of prominent investors, including Anicut Equity Continuum Fund, Elevation Capital, Malabar Investment, and L Catterton, among others. This fresh round adds to the brand’s growing capital base, further positioning it as a leading player in the Indian beauty and cosmetics market. According to Inc42’s calculations, Sugar Cosmetics is now valued between INR 2,600 Cr to INR 2,700 Cr. This valuation is comparable to the company’s previous…

Shares of Swiggy, a leading online food delivery and restaurant aggregator in India, saw a significant boost during intraday trading on November 26, 2024, rising by as much as 6.2% to INR 458.00 per share on the Bombay Stock Exchange (BSE). This surge in stock price comes a day after UBS, a global investment bank, initiated coverage of Swiggy with a “Buy” rating, signaling positive sentiment from the brokerage firm. Swiggy’s stock opened the trading session on November 26 at INR 441.25, marking a 2.3% gain from the previous day’s closing price of INR 431.25. The positive momentum continued throughout…

Aadit Palicha, the co-founder and CEO of Zepto, has addressed concerns raised by critics about the impact of quick commerce platforms on traditional kirana (local grocery) stores in India. In an interview with Moneycontrol, Palicha vehemently rejected claims that quick commerce was hurting local mom-and-pop shops, describing such narratives as “false” and “without data.” Instead, he argued that the rapid rise of quick commerce in India is actually creating jobs and contributing to the country’s economic growth, particularly in terms of tax revenue generation. Quick Commerce: A Boon for Jobs and Tax Revenue The growth of quick commerce platforms, which…