Investors get poorer by Rs 7.62 lakh crore as coronavirus fears deepen

Investors’ wealth eroded by Rs 7.62 lakh crore on Monday as markets witnessed yet another sharp fall, with the Sensex plunging 2,713.41 points as coronavirus scare continued to hit market sentiment. The market capitalisation of BSE-listed companies dropped by Rs 7,62,290.23 crore to Rs 1,21,63,952.59 crore at the close of trade. The drop in investor…

This VC fund will dedicate $100 million to invest in Indian B2B startups

The Indian startup ecosystem has witnessed the business-to-consumer (B2C) startups garner all the limelight and investor attention. However, the case is quite different when it comes to business-to-business (B2B) firms. And now, there is a venture capital fund that wants to dedicate around $100 million to nurture, support, and grow these startups.