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Indian startups raise over $138 million this week

Indian startups raise over $138 million this week

Sat, Nov 09, 2024

The Indian startup ecosystem raised more than $138 million this week which includes three growth-stage funding and 20 early-stage deals. At least 25 domestic startups raised nearly $138.7 million in funding.

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.

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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.

India jumps 5 places to 52nd rank in global innovation index 2019

India jumps 5 places to 52nd rank in global innovation index 2019

Wed, Jul 24, 2019

India improved its ranking in the global innovation index by five places to 52nd in 2019 from 57th position last year, according to a report released Wednesday.

Start-up Vested Finance gets pre-seed funding from Venture Catalysts

Start-up Vested Finance gets pre-seed funding from Venture Catalysts

Fri, Jul 19, 2019

Vested was founded by Viram Shah, Darwin Arifin and Eric Huynh. Viram was previously an investment banker with J.P. Morgan while Darwin has deep knowledge in new-age technological solutions at Intel.

Good news for Startups! Funds raised will not require any tax scrutiny

Fri, Jul 05, 2019

FM Sitharaman in her maiden Budget speech mentioned that the startups and investors who provide requisite documents will not be subject to angel tax assessment."

Budget 2019: Ronnie Screwvala explains what startups and small businesses want from Modi government

Budget 2019: Ronnie Screwvala explains what startups and small businesses want from Modi government

Tue, Jul 02, 2019

There are emerging challenges in the job market coming from rapid changes in technology and automation. India's higher education institutes need to gear themselves up towards addressing these new challenges.

GoDaddy's new solution targets small businesses in India

GoDaddy's new solution targets small businesses in India

Mon, May 27, 2019

"Our aim is to help ensure more online adoption among Indian businesses, by giving them easy-to-use and affordable products to turn their dreams into reality online," Nikhil Arora, Vice President and Managing Director, GoDaddy India, said in a statement.

Reinvest fast or some startup will gobble you up: AWS

Tue, May 21, 2019

The company has a shared security model, which means it has to focus on the security of everything - from the service all the way down to the hardware, the data centre and the physical security.

DPIIT proposes relaxation in income tax law to help start-ups raise funds

DPIIT proposes relaxation in income tax law to help start-ups raise funds

Sun, May 05, 2019

"Start-up promoters presently need to hold 100 per cent shares for carrying forward of losses. The requirement needs to be reduced to 26 per cent, as it will encourage new investors to invest in start-ups," they said.

Baxi-Fresh raises Rs 2-cr from existing investors

Baxi-Fresh raises Rs 2-cr from existing investors

Mon, Apr 01, 2019

Baxi-Fresh employs part-time delivery staff who deliver milk, groceries and other household products between fixed morning hours. The company already has a fleet of 900 part-time bikers. The company recently partnered with Mother Dairy and Patanjali to use their fleet of part-time bikers for morning deliveries from partner stores.

Money Guru: All you need to know about Angel tax

Money Guru: All you need to know about Angel tax

Tue, Feb 26, 2019

This segment of Zee Business brings to you latest information on Angels tax and why this tax has worried startups now. Watch this video to know more.

Government may raise investment limit of angel tax concessions for startups

Sat, Feb 09, 2019

Officials of the department for promotion of industry and internal trade ( DPIIT ) and Central Board of Direct Taxes (CBDT) are holding series of meetings to find a solution of the angel tax issue being raised by startups.

Start Up India: Government reduces allocation in FY'20 Budget

Sun, Feb 03, 2019

There are 19 components under the Startup India action plan spanning across areas such as simplification and hand holding, funding support and incentives, and industry-academia partnership and incubation, according to the documents.

Resolve taxation issues being faced by startups getting angel funds: Prabhu to Jaitley

Resolve taxation issues being faced by startups getting angel funds: Prabhu to Jaitley

Fri, Dec 28, 2018

Commerce and Industry Minister Suresh Prabhu has asked his finance counterpart Arun Jaitley to resolve taxation issues being faced by startups in getting angel funds.

Start-ups in India: This novel partnership is trending right now

Start-ups in India: This novel partnership is trending right now

Sat, Oct 20, 2018

India is a global hub for start-ups in 2017 news. What is trending right now is a novel partnership between start-ups and corporates, both within and between sectors, and this trend is expected to gain a lot of momentum. In India, it is already a widespread phenomenon termed as ‘corporate venturing’.

Start-ups hit upon novel idea that gives employees top money and boosts promoters too

Start-ups hit upon novel idea that gives employees top money and boosts promoters too

Mon, Oct 08, 2018

Employee stock options (ESOPs) is a great tool for start-ups to lure talented employees without straining their finances. However, it comes with a downside. Unlike in established companies, start-ups offer ESOPs to larger number of employees, which eat into the promoters' sharepool, diluting their interests.

Renting furniture? How these companies are redefining lives of bachelors in metros

Renting furniture? How these companies are redefining lives of bachelors in metros

Wed, May 03, 2017

Furlenco is not the only startup that is offering furniture and electronics like TV, fridge on rent. Rentmojo, with its operations in eight cities including Mumbai and New Delhi is a fierce competition.

Hero MotoCorp invests in smart electric-vehicle maker

Hero MotoCorp invests in smart electric-vehicle maker

Thu, Oct 27, 2016

Hero MotoCorp said, "Adoption of environment-friendly fuel is a priority for Hero MotoCorp, as is propagating sustainable manufacturing through green facilities. With this Hero Motocorp intends to enhance its participation in the EV space by pursuing its internal EV program in addition to partnering with Ather.

After Flipkart, Amazon launches Amazon Prime in India

After Flipkart, Amazon launches Amazon Prime in India

Tue, Jul 26, 2016

Amazon Prime is a membership service by Amazon which gives the members few benefits.

Paytm to enable digital payments at leading retail chains

Paytm to enable digital payments at leading retail chains

Mon, Jul 04, 2016

India`s largest mobile payment and commerce platform Paytm has entered into strategic alliances with leading retail chains across the country.

Licence-raj gone, but inspector-raj still there: Raghuram Rajan

Licence-raj gone, but inspector-raj still there: Raghuram Rajan

Sat, May 21, 2016

Rajan said public sector banks have increased their credit to small and medium enterprises

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