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Indian startups

Startups have potential to contribute $120 billion to India's GDP by 2030

Startups have potential to contribute $120 billion to India's GDP by 2030

Thu, Dec 19, 2024

In fact, the contribution by startups can surge to a whopping $1.6 trillion by 2047, thus contributing 5 per cent of the GDP when India aims to become a 'Viksit Bharat' with a $35 trillion economy, the report mentioned.

Indian startups raise more than $348 million funding this week

Indian startups raise more than $348 million funding this week

Sat, Sep 07, 2024

The week was led by ride-sharing platform Rapido which raised $200 million in its Series E funding, taking its valuation to over $1.1 billion.

Maharashtra minister unveils major support for MSMEs and startups, eyes global fintech hub status for Mumbai

Maharashtra minister unveils major support for MSMEs and startups, eyes global fintech hub status for Mumbai

Fri, Aug 23, 2024

During the 9th Global Economic Summit on 'Fintech: Accelerating the Digital Revolution,' held from August 8-10, 2024, at the World Trade Center Mumbai (WTC Mumbai), Samant inaugurated the exhibition and outlined the government's strategic vision.

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Know all about Startup India scheme; make money and be the boss of your own company

Know all about Startup India scheme; make money and be the boss of your own company

Wed, Apr 03, 2019

Startup India is a an initiative of the Government of India, works to build a strong ecosystem that is supportive for the growth of startups across country. In order to carry on a sustainable economic growth and generate large scale employment opportunities.

VP Venkaiah Naidu demands ecosystem for rural entrepreneurship to thrive

VP Venkaiah Naidu demands ecosystem for rural entrepreneurship to thrive

Mon, Apr 01, 2019

Voicing concern over rising urban rural divide, Venkaiah Naidu stressed on making agriculture sustainable and profitable, creating market for rural artisans, empowering woman entrepreneurs to sell their crafts by way of online platforms and ensuring access to affordable education and healthcare.

Emerging tech job trends: Start-ups hunt for people with right skills, attitudes

Emerging tech job trends: Start-ups hunt for people with right skills, attitudes

Sun, Mar 31, 2019

Trained professionals are required in the area of emerging technologies such as blockchain, artificial intelligence, and green technologies as these are highly-skilled areas.

Exclusive Interview: MSME has potential to create globally competitive business for India, says Sanjay Sharma MD of Aye Finance

Exclusive Interview: MSME has potential to create globally competitive business for India, says Sanjay Sharma MD of Aye Finance

Fri, Mar 29, 2019

The Micro, Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic section for the Indian economy. With BJP-led NDA government's various reforms, the sector has been boosting entrepreneurship.

Fintech sector needs regulatory framework to secure interests of consumers: Shaktikanta Das

Fintech sector needs regulatory framework to secure interests of consumers: Shaktikanta Das

Mon, Mar 25, 2019

Shaktikanta Das said that India stands at the second place in the world in accepting Fintech, as this sector has created lots of job opportunity, adding that in the past five years e-payments has witnessed a nine-fold growth.

Funskool's second manufacturing facility in Ranipet goes on Stream

Funskool's second manufacturing facility in Ranipet goes on Stream

Thu, Mar 21, 2019

Toy manufacturer Funskool India promoted by the MRF Group, has commenced operation of its second manufacturing facility at Ranipet near here giving a boost to exports, according to a top official.

How this Bengaluru based startup plans to make life easier for farmer by connecting them with retailers

How this Bengaluru based startup plans to make life easier for farmer by connecting them with retailers

Thu, Mar 21, 2019

Ninjacart, an Agri-tech platform that connects farmers to retailers on Wednesday announced the expansion of its supply chain operations to Delhi, Mumbai and Pune, augmenting the startup’s presence across key centers in India.

EXCLUSIVE: Garage Society to target both startups, MNCs in India, provide youngsters opportunity to build businesses

EXCLUSIVE: Garage Society to target both startups, MNCs in India, provide youngsters opportunity to build businesses

Fri, Feb 22, 2019

Founded by Elaine Tsung in 2014, Garage Society offers flexible workspace solutions and business support to the new generation workforce across Asia, including events, hiring, internships, and investment opportunities. With an international footprint in Hong Kong, Thailand, Cambodia and Philippines , the company has now started its operations in India.

Pickyourtrail receives USD 3 million series 'A' funding

Pickyourtrail receives USD 3 million series 'A' funding

Tue, Feb 19, 2019

The capital infusion would be for continued product innovation, scaling up the technology platform and expansion of its technical team, the company said in a press release said here.

Angel tax relief only first step, more in offing: Top official

Angel tax relief only first step, more in offing: Top official

Fri, Jan 18, 2019

Angel tax, introduced in 2012, is levied on the difference between the amount received by a closely held company in lieu of its shares and the fair market value of the shares. The excess amount is taxed as income from other sources.

Startup: IIT-Madras launches PadhAI to train students in Artificial Intelligence; Check fee

Startup: IIT-Madras launches PadhAI to train students in Artificial Intelligence; Check fee

Fri, Jan 18, 2019

Every year, the top performing students from courses on PadhAI will be invited to a summer garage -- an AI residency programme at IIT-M Research Park where they can work on research, tackle problems of societal impact, or find solutions to commercial value.

10 success tips for start-ups every entrepreneur needs to turn into money-making machine

10 success tips for start-ups every entrepreneur needs to turn into money-making machine

Fri, Jan 18, 2019

To succeed in business today, you need to be flexible and painstaking at planning and organizational skills.

Whopping 1.8 lakh sq ft! India gets its largest startup ecosystem - All you need to know

Whopping 1.8 lakh sq ft! India gets its largest startup ecosystem - All you need to know

Mon, Jan 14, 2019

Overall the Kerala Government is working for the state to have a total area of 2.3 crore sq ft of IT space (up from 1.3 crore sq ft last year). The opening of the new complex at the Technology Innovation Zone (TIZ) is a major step towards achieving the objective, Vijayan said in his speech at KINFRA Hi Tech Park, Kalamassery.

Servify acquires Bengaluru-based gadget repair service start-up iService

Servify acquires Bengaluru-based gadget repair service start-up iService

Thu, Jan 03, 2019

iService was founded in 2013 with operations in Bengaluru and New Delhi. It provides gadget repairs and services for smartphones and laptops at homes and its four brick-and-mortar service centres.

Start-ups in India 2018: How impactful were Indian entrepreneurs? Find out

Start-ups in India 2018: How impactful were Indian entrepreneurs? Find out

Wed, Dec 26, 2018

Start-ups in India 2018: India has emerged as a breeding ground for innovation and entrepreneurship and that has created an exciting space for start-ups. That the space is marked by positivity is clear from the creation of scalable and repeatable business models.

Global capital markets likely to remain volatile: SEBI Chairman

Global capital markets likely to remain volatile: SEBI Chairman

Fri, Dec 21, 2018

"The capital markets, globally, have been quite volatile during the current year and are likely to remain so in coming times on account of various factors such as US Fed rate hikes, volatile oil prices, intensifying trade conflicts and sanctions.

EdTech startup OnFees eyes expansion in multiple cities, fresh funding

EdTech startup OnFees eyes expansion in multiple cities, fresh funding

Tue, Dec 04, 2018

The one-and-half year old company, which seeks to provide a digital fee management platform to educational institutions and their students, said it is already serving over 100 schools and colleges with its 70-member team in Mumbai and Pune.

Govt launches credit scheme for cooperative startups

Govt launches credit scheme for cooperative startups

Wed, Nov 14, 2018

Agriculture Minister Radha Mohan Singh Wednesday announced the launch of a scheme that aims to provide cheaper loans to startups in the cooperative sector and those having innovative projects costing up to Rs 3 crore.

Indian start-ups get $2 billion investment from Chinese firms last year

Indian start-ups get $2 billion investment from Chinese firms last year

Tue, Nov 13, 2018

More than 350 Chinese mostly representing Chinese Venture Capital (VC) funds, angel investors participated in a day long pitching session and seminar organised by the Indian Embassy in partnership with the Start-up India Association (SIA) and Venture Gurukool here on Monday.

This classic ‘Made In India’ venture is revolutionising personal hygiene without the use of water

This classic ‘Made In India’ venture is revolutionising personal hygiene without the use of water

Wed, Oct 31, 2018

The two-year-old start-up Clensta - derived from a combination of two words viz. ‘clean’ and ‘instantly’ - is a classic ‘Made In India’ venture that’s revolutionising personal hygiene without the use of water.

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