Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Neo Group Marks First Close Of INR 2K Cr Secondaries Fund, Backs 5 Sta...
Neo Group has announced the first close of its ₹2,000 crore secondaries fund, with the capital already being deployed to back five startups. The fund, which specializes in providing liquidity to existing shareholders and investors, is a significant development in the Indian startup ecosystem. The launch of such funds provides a crucial exit route for early investors and employees, thereby encouraging a more mature investment environment and allowing capital to be recycled into new ventures.