A proposed crackdown on algorithmic trading in India could hurt the earnings of the country's two main stock exchanges just as both bourses prepare to make their much-awaited stock market debuts.

Online furniture marketplace Pepperfry has raised Rs 210 crore in a fresh round of funding from current investors Goldman Sachs, Bertelsmann India Investments (BII), Norwest Venture Partners (NVP) and Zodius Technology Fund.

On May 16, India's premier bourse, the National Stock Exchange (NSE), declared a hefty dividend of Rs 73 per share for its shareholders. The total payout aggregated to almost Rs 330 crore - close to 75 per cent of the exchange's total profit of Rs 439.33 crore for FY2016.

They accused National Stock Exchange of dragging its feet on an initial public offering, saying management is ignoring them and purging their views from minutes of meetings, letters and emails.

The nomination comes after NSE said on April 6 that S.B. Mathur had stepped down as chairman after completion of his term of office.

E-commerce, or goods being sold online and through apps, is a multibillion dollar industry in India, but s-commerce, or services being provided online through apps, is only now gaining traction.

Even as Prime Minister Narendra Modi lines up a four-year, $1.5 billion government fund to help startups create jobs, entrepreneurs fear that may prove a drop in the ocean.

Leading the Indian-Americans on the list is 49-year old Aneel Bhusri, CEO and Cofounder of Workday, a cloud-based financials and human resources software firm.

Vishal Mehta has had limited success as an online retailer with Infibeam.com. But he is back in the hunt with e-commerce infrastructure provider BuildaBazaar.com.

As far as investors are concerned, vertical e-commerce presents them an opportunity to get a pie of e-commerce especially if they have missed the horizontal opportunity.

The deal would mark an over 12-times appreciation for this investment by the Anil Dhirubhai Ambani Group company.

Tiger Global Management along with all existing investors in the company participated in the funding, Quikr said.

The company is looking at raising an additional $5-10 million in funding early next year to fuel its growth plans.

The 'Midas List' of the 100 best venture capitalists in the world for 2014 has been topped by Jim Goetz, partner at firm Sequoia Capital who was the only institutional backer in messaging service WhatsApp.

Starring: Lakshmi Pratury, Henri Holm, Humza Yousaf, Apurv Bagri, Faisal Husain and Krish Ramakrishnan

Not just Flipkart, many Indian start-ups have moved to Singapore to plug into a low-tax regime and gain easier access to Southeast Asian markets.

Local digital advertising networks are expanding by leaps and bounds. They are now gaining greater importance as a slowing economy prompts advertisers to tighten their belts and better target clients. Venture capital and private equity firms are also looking at the sector.

Biggest deals in the past 30 days as on August 30, 2010.

By the age of 21, Dhruv Shringi's first venture had already failed. After 13 years, he finally found success—without investing a single rupee of his own.

The 2007 list: How are they doing?