Even as the rupee has scaled new heights, reflecting to some the overall strength of the Indian economy, an entire category of businessmen and women are in deep distress. Spare a thought for the garment exporter in New Delhi’s Okhla industrial area or the one in Tirupur, Tamil Nadu. Already facin…
PayPal launches digital payments toolkit for small merchants
Global payments company PayPal has launched a product for small merchants and businesses called Business in a Box which will allow them to set up online stores, accept payments, manage finances with accounting tools, and apply for working capital. This latest product is in line with PayPal saying…
Gurgaon may shine with big names, but Delhi homes more start-ups
The total number of start-ups in the NCR is 4,218 but guess what, Gurgaon is not topping this list. While Noida contributes to 20 per cent of the total number, with 784 start-ups, Delhi still has the lead with 45 per cent — concentrated mostly in South and Central Delhi. Nationally, Gurgaon comes…
Our special area of focus is traditionally underserved micro-entrepreneurs: Capital Float
In a long chat with Rohan Angrish, CTO, Capital Float, here is an understanding of how their online platform reduces the hassles associated with processing working capital requirements for SMEs in India. Edited excerpts: Q: Please tell us about your organization and how it plans to address financ…
Realty-tech start-up ZippServ gets seed funding
ZippServ, an online platform that provides risk assessment services for real estate investments, has raised Rs 2.5 crore ($390,000) from a clutch of investors, the startup’s co-founder told VCCircle. Sudeep Anandapuram declined to reveal the investors’ identity saying only that the investors are …
Innoven Capital provides young teams & start-ups with mentoring & investing opportunities
InnoVen Capital started out as SVB India Finance in 2008. The objective was to build a venture debt business which would offer venture capital firms and their portfolio companies the ability to access alternative forms of capital. They were excited to see the growing vibrant entrepreneurial envir…
Enterprise software start-up Innovapptive raises funds from Hyderabad Angels
Houston, Texas-based enterprise mobile software startup Innovapptive Inc. has raised $1.5 million (Rs 9.6 crore) from angel investor network Hyderabad Angels. The company will use the capital to strengthen its sales and marketing teams, accelerate product innovation and ramp up customer acquisiti…
NPA पॉलिसी का एलान जल्द, बैंकों के प्रॉफिट पर पड़ सकता है असर
बढ़ते एनपीए से परेशान फाइनेंस मिनिस्ट्री और आऱबीआई, नई एनपीए पॉलिसी का जल्द एलान कर सकते हैं। जिसके तहत कई ऐसे अहम प्रावधान किए जा सकते हैं। जिसमें हेयरकट (जितना अमाउंट जितना कर्जदार देने में सक्षम उतना ही स्वीकार कर लिया जाय) जैसे प्रावधान किया जा सकता है। बैंकों की इस बात की आशंका है […]…
Investors give ‘fit-tech’ start-ups a clean bill of health
Ahmedabad: In these difficult times for startups, when they are downing shutters in droves, fitness technology firms have caught the eyes of investors and many of them have successfully raised funds to tap into the Rs. 95,000 crore Indian market in this segment. With growing rage of fitness among…
The good, the bad & the ugly of start-up bootstrapping
What exactly does bootstrapping your start-up mean? For the uninitiated, bootstrapping your startup basically means to self-fund your business, i.e. using the existing resources and internal revenue to drive your business, instead of raising any external funds. Given the wide scale availability o…