British International Investment will put in Rs 250 crore for an around 9% stake in the company. Waterfield, an independent multi-family office, will invest Rs 15 crore, while existing shareholder A91 Partners will infuse Rs 35 crore. This is Aye Finance s first equity expansion in two years and first on-boarding of new investors since Covid, managing director Sanjay Sharma told ET.
The Delhi-NCR leg of the ET Soonicorns Summit 2023 provided a rare platform for startup founders to showcase how they are catering to underserved segments in finance, redefining the supply chain, accelerating the EV momentum and more. As part of the ‘Soonicorns Spotlight track, each of the startup founders provided a glimpse into their journeys, decoding the problems they identified and the solutions they built. Together, they painted a vision for the future where businesses are leveraging new technologies, especially AI, robotics and IOT to transform traditional sectors and services, and creating for a new generation of Indians and beyond.
With over 35 speakers, including 30 unicorns and soonicorns, across 25 sessions and 10 diverse tracks, the Delhi-NCR edition of ET Soonicorns Summit 2023 paved the way for the next wave of India s innovation economy. The event also featured a report launch and multiple startup showcases, making it a holistic platform for tracking new frontiers of growth in the startup-tech ecosystem.
The ET Soonicorns Summit 2023 promises to be a one-of-its-kind platform for knowledge sharing and networking, offering attendees a unique opportunity to connect with industry leaders, policy makers, and the visionary founders behind tomorrows unicorns. With a diverse array of sessions covering a wide range of topics, this summit will provide valuable insights and strategies for success in the dynamic startup ecosystem. Here are the key speakers and sessions to look forward to during the ET Soonicorns Summit 2023, taking place on November 3 in Delhi-NCR.
The Infosys founder has said youngsters should work 70 hours a week if India wants to compete with economies that have made tremendous progress in the last two to three decades