Mumbai: Mumbai based payment services startup, Airpay, has raised Rs 24 crore as part of a Series A round, led by Kalaari Capital and existing investors Rakesh Jhunjhunwala & Rajesh Jhunjhunwala. Airpay founded by Amit Kapoor, Kunal Jhunjhunwala and Rohan Deshpande, experienced technology, op…
Riddled with challenges, Smart City project is mostly “noise” for start-ups
For 1.5-year-old Delhi-based startup GetMyParking, the government’s 100 Smart Cities project is a mouth-watering business opportunity. “Smart city projects are about huge scale. We are talking about 100 smart cities and many more to come,” said Rasik Pansare, Co-Founder at the 45-people startup t…
Karnataka funds eight tourism start-ups under Idea2POC scheme
The Karnataka government has selected eight startups in the tourism space for grants ranging between Rs 5 lakh and Rs 50 lakh as part of its multi-sectoral startup policy. The government will disburse the funds under its Idea to Proof of Concept (Idea2POC) Grant Scheme, which is part of the broad…
Accelerator program launched to support international start-ups in India
Mumbai: Zone Startups India is all set to launch an international accelerator programme based out of Mumbai. The new programme touted as a market accelerator called ‘Gateway91’ aims to host and support international, growth-stage startups looking to build their India market. Earlier t…
Cell to help foreign investors in food processing sector
New Delhi: Ministry of Food Processing Industries has created an Investment Targeting and Facilitation Desk to help foreign companies which are looking for investment in food processing sector. The Cell shall also prepare a list of Indian companies also for their foreign partners. Government spok…
भारतीय कपड़ा उद्योग का कारोबार पांच साल में दोगुना होने का अनुमान, पहुंचेगा 223 अरब डॉलर पर
भारतीय कपड़ा उद्योग का कारोबार अगले पांच साल में मौजूदा 108 अरब डॉलर से दोगुना होकर 223 अरब डालर तक पहुंचने की उम्मीद है। देश के सबसे पुराने उद्योग मंडल पीएचडी चैंबर की उद्योग मामलों की समिति के अध्यक्ष संजय अग्रवाल ने यह अनुमान व्यक्त किया है। उन्होंने कहा कि कपड़ा उद्योग का देश के सकल घरेलू [&h…
Bihar govt announces Rs 500 cr fund for state start-ups
Looks like Prime Minister initiative Startup India is on the right track. Bihar Government has sanctioned Rs.500 Crore ($76 Million) of funding for the State Startups to promote young entrepreneurship in the state. The startup policy aims to cater to the needs of emerging entrepreneurs and make B…
शुद्ध पेयजल उपलब्ध कराने के लिये आईआईटी ने स्टार्टअप के तहत कंपनी को आर्थिक सहायता दी
आम जनता को शुद्ध और सस्ता पानी उपलब्ध कराने के लिये स्टार्टअप को बढ़ावा देने के उद्देश्य से आईआईटी कानपुर ने लखनऊ की डिसेंट्रिक टेक्नालोजी कंपनी को नवोन्मेषी कार्यक्रम के तहत 50 लाख रपये की धनराशि उपलब्ध कराई है। आईआईटी की ओर से जारी एक बयान में कहा गया है कि डिसेंट्रिक टेक्नालोजी कंपनी के [&hell…
Rural Innovators & Startup Conclave gets underway in Hyd
Hyderabad: The two-day Rural Innovators and Startup Conclave (RISC2017), which aims to provide a platform to rural innovators and start-ups, today got underway at the National Institute of Rural Development and Panchayati Raj (NIRD & PR). “Rural Innovators Startup Conclave is a good beginning…
Child plans, health & SMEs are areas of opportunities for us to explore: Aviva Life
Private life insurance company Aviva Life Insurance is planning to expand its reach to health and Small and Medium Enterprises (SME) segment. “Child plans, health and SMEs are segments we would want to focus on. As per our research, these are the areas where there are more opportunities to …