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Manu P Toms

Senior Editor - Economic Times

Manu Toms is a seasoned journalist who has made significant contributions to the field of digital news reporting and analysis. He was a key member of the launch team for Times Group's esteemed digital news platform, Economic Times Prime, where he focused on delivering premium analytical and in-depth reports. Prior to this role, Manu led a team of reporters at News Corp VCCircle, specifically heading the internet and emerging business-centric Techcircle/VCC Startups division. During his tenure, he played a vital role in tracking India's internet economy, e-commerce sector, and startups, consistently breaking news on acquisitions, venture capital fundings, shutdowns, and other major strategic actions. Manu's leadership resulted in the publication of some of the most significant scoops and inside stories in this industry in recent years.

Highlights

Aug 7 · linkedin

The tryst with public markets is an important moment for one of India’s most polarising startup figures. Opinion on Bhavish Aggarwal is always sharply divided. Audacity of his vision, the venture capital love that he earned, and mindboggling workmanship define his unique distinction of building and running three unicorn startups simultaneously. On the other hand, shaky senior leadership, poor talent retention, performance and safety issues around electric scooters, and the topsy-turvy ride of Ola cabs muddle his record. I analyse many shades of one of the most interesting founders in the Indian startup ecosystem. ET Prime

#startups #unicorns #founders #ipo

Jul 24 · linkedin

The sword of the so called ‘angel tax’ is still hanging over many Indian startups. The abolition of this tax that treated investment into a startup as income takes effect from April 1,2024. This means transactions that took place before this date would still be under scrutiny for violating section 56 (2) (viib) of the Income-tax Act.

By most conservative estimates, at least 3000 startups are being haunted by angel tax notices. My quick take on the abolishment of angel tax on ET Prime

#startups #unicorns #venturecapital #angelinvesting #tax #unionbudget #budget2024

Manu P Toms
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Location

Bengaluru, Karnataka, India