An established, award-winning financial services company is vowing to “create huge efficiencies and scalability” for the alternative investments industry by implementing Blockchain and “tokenizing an antiquated system.”
The International Finance Corporation (IFC), a member of the World Bank Group and Victory Park Capital (VPC), a leading investment firm focused on providing flexible debt and opportunistic equity solutions worldwide, has launched a new fund. The new fund will invest in financial technology companies in emerging markets. The partnership aims to improve access to debt capital for financial technology companies that lend to small businesses and consumers in emerging markets.
The mass production of electric vehicles is the next big thing in green tech. The advancement in technology and logistics management have brought substantial reduction in cost.
In a recent notification, while the Income Tax department has already halted angel tax recovery operations from startups, it appears that the Indian government is now considering to provide certain exemption to angel investors under Section 42 of the Companies Act.