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Start ups

SCOPE gets SEBI nod to launch USD 50 million Venture Capital Fund

SCOPE gets SEBI nod to launch USD 50 million Venture Capital Fund

Fri, Sep 27, 2024

Start-up networking platform SCOPE has received market regulator SEBI nod to launch a USD 50 million venture capital fund which will invest in high-potential startups in the fintech and gaming sectors with a focus on India and the US, the company said on Friday.

DPIIT to announce ranking of states/UTs on startup initiatives on January 16

DPIIT to announce ranking of states/UTs on startup initiatives on January 16

Wed, Jan 10, 2024

In the last ranking, states and UTs were evaluated across seven reform areas consisting of 26 action points, ranging from institutional support, fostering innovation, access to market, incubation and funding support.

Govt announces accelerator fund among other incentives for startups - How industry reacted to Budget 2023

Govt announces accelerator fund among other incentives for startups - How industry reacted to Budget 2023

Wed, Feb 01, 2023

Finance Minister Nirmala Sitharaman proposed to ease norms for startups by extending the benefit of carrying forward losses to 10 years.

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KSUM recognised as Asia's leading performer in promoting talent

KSUM recognised as Asia's leading performer in promoting talent

Wed, Jan 18, 2023

Kerala Chief Minister Pinarayi Vijayan on Tuesday said that the southern state's startup mission, KSUM, has been recognised as Asia's leading performer in promoting talent.

Govt extends period of incorporation of eligible start-ups till March 31

Govt extends period of incorporation of eligible start-ups till March 31

Tue, Dec 13, 2022

According to the Ministry of Finance, eligible start-ups can avail a deduction of 100 per cent of profit and gains for three consecutive years out of 10 years, beginning from the year of incorporation.

D2C startup Melorra clocks annual recurring revenue of $100 million

D2C startup Melorra clocks annual recurring revenue of $100 million

Wed, Nov 30, 2022

Melorra currently has 23 new-age brand experience centres across India and plans on increasing this number to 350 by FY26.

Google to nurture 20 startups by Indian women founders

Google to nurture 20 startups by Indian women founders

Tue, Oct 04, 2022

The curriculum will include workshops and support around AI/ML, Cloud, UX, Android, Web, product strategy and growth, as well as provide access to a global community of women founders, said the company.

Electric bike startup EMotorad to venture into Europe

Electric bike startup EMotorad to venture into Europe

Tue, Sep 06, 2022

EMotorad will initially launch its electric bicycle 'Doodle', followed by the roll out of a premium and ultra-premium range of e-bikes in the coming six months.

Zoho expands 'Zoho for Startups' programme in overseas market

Zoho expands 'Zoho for Startups' programme in overseas market

Wed, Aug 17, 2022

The company said it has forayed into the Middle East and African (MEA) markets as part of its global expansion plans.

Employee financial benefit start-up Jify raises $10 million in funding

Employee financial benefit start-up Jify raises $10 million in funding

Fri, Aug 05, 2022

“Jify is leading an emerging wave of financial inclusivity and benefits for India. Jify creates a win-win for the Indian workforce who can better manage cash flow and savings, and for employers who can offer a critical benefit and reduce attrition," Manasi Shah, investor and vice-president, Accel said.

Uber partners with Startup India, iCreate on innovation fund to drive adoption of EVs

Uber partners with Startup India, iCreate on innovation fund to drive adoption of EVs

Thu, Sep 30, 2021

The 'Green Mobility Innovation Challenge', which will be hosted on the Startup India portal, invites submissions from individuals and start-ups that focus on innovation in areas of two- and three-wheelers, charging station accessibility, Uber said in a statement

Oye! Rickshaw looks to invest up to USD 500 mn over 3 yrs on battery swapping infra for electric 3-wheelers

Oye! Rickshaw looks to invest up to USD 500 mn over 3 yrs on battery swapping infra for electric 3-wheelers

Sun, Jul 04, 2021

Electric mobility start-up Oye! Rickshaw plans to invest up to USD 500 million (over Rs 3,700 crore) in the next three years to set up battery swapping infrastructure for electric three-wheelers across India, according to a top company official

BIG Opportunity! To tackle Covid-19, govt launches initiative for Start-ups to innovate, develop, scale-up products and technologies

BIG Opportunity! To tackle Covid-19, govt launches initiative for Start-ups to innovate, develop, scale-up products and technologies

Fri, May 21, 2021

A new initiative NIDHI4COVID2.0 has been launched for offering promising solutions in the thrust areas such as oxygen innovation, portable solution, relevant medical accessories, diagnostic, informatics, or any other solution that addresses/mitigate various challenges faced by country/society due to the severe impact of COVID-19.

How Indian startups are helping employees weather Covid crisis

How Indian startups are helping employees weather Covid crisis

Wed, May 19, 2021

As India battles a deadly second wave of Covid-19, many start-ups in the country have come forward to give their employees best possible support during these challenging times. Home interiors and renovation platform Livspace on Wednesday announced a special Covid assistance programme for its employees

BIG impact of ZeeBiz campaign! These SEBI decisions set to help retail investors; Anil Singhvi hails moves

BIG impact of ZeeBiz campaign! These SEBI decisions set to help retail investors; Anil Singhvi hails moves

Tue, Mar 30, 2021

One of the changes that has been made is in the delisting rules of the companies. At the time of delisting offer made by the company, a floor price is set according to a formula based on the prices of the last six months. Then there is the reverse book-building process where investors can put up price at which they want to sell the shares

Baidu-backed online tutor Zuoyebang seeks new funding at $10 billion valuation - sources

Baidu-backed online tutor Zuoyebang seeks new funding at $10 billion valuation - sources

Wed, Sep 30, 2020

Chinese online education startup Zuoyebang has started a new fundraising drive at a valuation of $10 billion, said two people with direct knowledge of the matter, as investor appetite for the sector continues to surge amid the COVID-19 pandemic

Survey: Corona impact on start ups, Watch this report

Survey: Corona impact on start ups, Watch this report

Mon, Jul 06, 2020

Start ups bear the brunt of covid 19 impact and shuts most of the companies, survey says

IIT Madras start-up develops smart dustbin system to prevent COVID-19 spread

IIT Madras start-up develops smart dustbin system to prevent COVID-19 spread

Mon, Apr 27, 2020

"While we are dealing with the spread of COVID-19, hazardous waste is being generated in hospitals, quarantine zones or red zone areas within cities. They are potential sources of coronavirus and can cause further spread within the locality. This makes timely clean-up of bins vital along with other best practices for disinfection to prevent further spread of COVID-19," said Mahek Mahendra Shah, a Mechanical Engineering graduate from the institute.

Microsoft 'ScaleUp' nurtures 18 startups in 12 months

Wed, Dec 18, 2019

Furing the engagement spanning eight to 12 months, the selected startups have opportunities to regularly engage with industry experts and leverage the Microsoft Partner Network for business growth.

Arjun Kapoor aims to bring change towards gender parity with Foodcloud startup

Arjun Kapoor aims to bring change towards gender parity with Foodcloud startup

Thu, Dec 12, 2019

"To me, this can become a huge step towards finding self-respect, self-reliance, and self-empowerment. I`m delighted with the response that I have got so far and the team is constantly on the lookout to find the best stay at home chefs from various cities and bring them on the platform. We are looking to find the best culinary heroes from every locality of India," he said.

Boost for startups in India: VC firm Accel Partners raises $550 million for new fund

Tue, Dec 03, 2019

Increased internet access and a growing middle class have led to a boom in startups in India. Japan`s Softbank Group Corp has said it expects to invest up to $4 billion in the country over the next two years.

Facebook, T-Hub empower 10 AI-driven Indian startups

Tue, Nov 26, 2019

Ravi Narayan, CEO, T-Hub, said that the country needs an innovation ecosystem that allows entrepreneurs to think beyond the limits and "empower them to address the critical challenges faced by two-thirds of the population in our country".

Create 12 lakh direct jobs by 2025? Yes, that is the potential of Indian start-ups

Thu, Nov 07, 2019

"There is increased activity in edtech, retail & retail tech, HR, and healthtech technology start-ups with significant improvement in sectors like agritech, aerospace, defence and space," said the report that Nasscom brought out in collaboration with global management and strategy consulting firm Zinnov.

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