The government of Haryana has prepared Textile Policy 2017, which will be providing incentives for setting up of new textile units. The policy proposes capital subsidy of 10 per cent for the eligible new projects of all textile enterprises across the state. Industrial plots would be made availab…
Xiaomi wants to incubate hardware start-ups
Bengaluru: Chinese electronics company Xiaomi is looking to incubate hardware start-ups and wants to open more manufacturing units as it sees considerable potential in the world’s third largest consumer market. Lei Jun, Chairman and CEO of the multi-billion dollar privately held company, which ma…
MSMEs to benefit from smart city, renewable energy & Digital India initiatives
Micro, Small, and Medium Enterprises (MSMEs) and the country’s economy get a boost when sustained major investments take place in sectors that are reliant on high tech and aligned with global trends. While increasing dependence on renewable sources of energy and building new cities that are…
SlicePay acquires Trustio, a P2P lending platform for college students
SlicePay, a Buy Now Pay Later fintech startup which enables college students to avail everyday products and services at flexible monthly payments has acquired Trustio, a New Delhi based P2P lending company giving alumni-backed loans to students and recent graduates, which was backed by Axilor Ven…
When ‘tourist’ investors pour money in start-ups
I’m taking you on a nostalgia trip. Remember the olden days (2016), when it seemed outlandish investments in technology startups were a thing of the faraway past (2015)? Snap out of it. Just look at the headlines of the past few weeks. China’s on-demand ride king Didi Chuxing is consi…
How a start-up can take steps with a mentor
I got “wings to fly” from IBM, says Sandeep Singh Kolhi, Co-Founder of a patent searching and analytics tool Xlpat. The US tech major mentored the tool, apart from offering infrastructure, training and hosting the platform on their cloud. “With IBM technology and services aiding us, we could focu…
Kerala start-up to build floating solar plants in Malaysia
Kozhikode: The solar energy startup company which had set up the state’s first floating solar power plant at Banasura Sagar reservoir in Wayanad has made an ambitious overseas foray by signing a memorandum of understanding (MoU) to build floating solar power plants in Malaysia. The agreemen…
हरियाणा सरकार ने खादी को बढ़ावा देने के लिए बनाई टेक्सटाइल पॉलिसी
हरियाणा ने टेक्सटाइल सेक्टर में बड़ी छलांग लगाने की तैयारी कर ली है। राज्य सरकार ने इस विशेष सेक्टर के लिए टेक्सटाइल पॉलिसी 2017 तैयार कर ली है और इसके जरिए प्रदेश में 50 हजार लोगों के लिए रोजगार के नए रास्ते खोलने का खाखा बनाया गया है। पॉलिसी का उद्देश्य प्रदेश को ग्लोबल लेवल […]
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Quadria Cap to invest $40 mn in Healthcare At Home India
Noida-based home healthcare services provider Health Care At Home India Pvt Ltd will raise $40 million (Rs 250 crore) from healthcare-focused private equity firm Quadria Capital Advisors Pvt Ltd. “We have committed to a milestone-based investment of up to $40 million in Health Care At Home India,…
How to launch a successful AI start-up
In September 2010, a three-person AI startup called DeepMind Technologies launched in London, with the goal of “solving intelligence.” Four years later, Google acquired the company for $500 million. And by 2016, it had achieved a major victory in AI: Mastering the complex game of Go. …