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BizDateUp’s Pulse Fund races to Rs 250 crore in a month
MUMBAI: BizDateUp’s flagship Pulse Fund I has shot past the Rs 250 crore mark within just a month of its launch, putting the Rs 1,000 crore category II alternative investment fund on one of the fastest mobilisation tracks in India’s regulated AIF space. Registered under Pulse Trust, the fund blends allocations across startups, SMEs and real estate backed equity, with full drawdown targeted by June 2025.
BizDateUp group managing director Jeet Mukesh Chandan, said the rapid inflow reflects rising confidence in India’s maturing investment landscape. He added that the fund aims to build a disciplined and transparent route to wealth creation by balancing innovation with responsible capital deployment.
Buoyed by the quick response, BizDateUp is now preparing to file for a Rs 5,000 crore portfolio management services licence. The proposed PMS platform, currently being structured with institutional partners and seasoned fund managers, will pool listed equities, private credit and hybrid alternatives under one umbrella.
Co founder Meet Jain said the milestone shows investors are ready for a more modern approach to wealth building, one that links global capital with Indian enterprise while offering long term clarity and access. He noted that the PMS platform will open doors for both institutional and retail investors.
BizDateUp has steadily expanded from a venture studio to a multi asset financial platform, supporting more than 100 startups, deploying over Rs 100 crore in venture capital and establishing networks across Dubai, Singapore and London. With Pulse Fund I gathering pace and the PMS filing underway, the group is targeting over Rs 10,000 crore in assets under management by FY26.
Chandan said the early success of Pulse Fund I is only the beginning, adding that BizDateUp’s long term goal is to build a wide ranging wealth ecosystem that empowers investors, founders and institutions while shaping a more inclusive financial future for India.
eNews
Piyush Thakur steps down as Inshorts’ chief revenue officer
Former vice president and cro says exit marks a new chapter after close to a decade of building revenue and partnerships at Inshorts Group.
NOIDA: Piyush Thakur has stepped away from Inshorts Group after nearly 10 years with the company, marking the end of a long tenure that culminated in his role as chief revenue officer.
In a farewell note, Thakur said he was “turning a new page” after almost a decade at Inshorts, calling it one of the hardest professional decisions he has made. He added that his exit was not driven by uncertainty about the future, but by reflection on a long association with the company.
Thakur joined Inshorts in October 2016 as vice president and spent around seven years in the role before being elevated to chief revenue officer in April 2024, a position he held until April 2026.
He said his tenure was defined by “thousands of mornings, late nights, product debates and breakthrough moments”, as the company evolved into a large-scale digital news platform used by millions.
In his note, Thakur emphasised that Inshorts’ growth was a collective effort across teams, adding that engineers, designers, sales teams and customer support staff all contributed to building the platform. He said the company’s success was not the result of individuals but of “everyone who stayed, passed through, and left their mark”.
Before Inshorts, Thakur worked across several digital media and business development roles. At ESPN, he served as senior regional manager from October 2015 to October 2016, focusing on growth initiatives, strategic opportunities and video distribution.
At Times Internet, he worked for nearly three years, including as head of business development from April 2015 to September 2015 and chief manager from January 2013 to March 2015. His responsibilities included monetisation of mobile platforms, managing media and developer partnerships, and driving revenue across digital properties such as The Times of India and The Economic Times.
Earlier, he worked at Brandmovers as head of business development from June 2012 to June 2013, handling digital, mobile and social media marketing solutions, client development and strategic consulting. During this period, he also worked on advertising revenue, brand strategy and CRM-based solutions.
At Inshorts, Thakur’s role focused on revenue strategy, mobile and media partnerships, and growth initiatives across platforms. His profile highlights experience in mobile product management, digital business models, partner ecosystems and revenue expansion in high-growth environments.
