Indian television is soon going to see two new reality shows focused on Indian startups. While, one will be aired on state-run channel, Doordarshan, the other will be seen on youth centric channel MTV. Government’s stand gets more ‘real’ In tandem with the Indian Prime Minister Narendra Modi-led …
Local logistics start-up Blowhorn raises Rs25 cr
Intra-city logistics start-up Blowhorn has raised about ₹25 crore ($3.65 million) in a Series A round from IDG Ventures India, Michael & Susan Dell Foundation, and existing investors Draper Associates and Unitus Seed Fund. Blowhorn will use the money to expand operations to eight cities in th…
1 जुलाई से GST का रास्ता साफ: चार विधेयकों को मिली कैबिनेट की मंजूरी
नई दिल्लीः 1 जुलाई से जीएसटी (गुड्स ऐंड सर्विसेज टैक्स) लागू होने का रास्ता पूरी तरह साफ हो गया है. केंद्रीय कैबिनेट ने जीएसटी से जुड़े 4 बिलों केंद्रीय जीएसटी विधेयक 2017, एकीकृत जीएसटी विधेयक 2017, केंद्र शासित प्रदेश वस्तु एवं सेवाकर विधेयक 2017 और वस्तु एवं सेवाकर (राज्यों को मुआवजा) विधेयक 2…
How Indian travel marketplace start-ups can take a cue from global peers
“India is still a small market, but it’s a long term bet that will pay off” says AirBnB’s co founder and CEO Brian Cheskey. The Co-Founder and CEO of Airbnb, Cheskey gave a 5-star rating to Indian market saying, “the reason I am incredibly excited is, say in about 10 years from now it will [&hel…
Capital Float partners with Amazon India to disburse loans to e-sellers
Bangalore: Digital lending platform Capital Float has announced its partnership with Amazon India to disburse thousands of loans to e-sellers. The company – the only fintech startup to partner with the e-commerce giant – has also partnered with other leading online platforms including…
Yes Bank accelerator eyes B2B Fintech in Newest Accelerator Program
Yes Bank has chosen 12 startups to partake in its accelerator program, and among them are several B2B FinTech players. The India bank’s program, launched in partnership with T-Hub, announced the 12 participants March 17. The companies were selected from 753 applicants across 18 countries, accordi…
भारतीय महिला बैंक का एसबीआई में मर्जरः होंगे बड़े फायदे
नई दिल्लीः सरकार ने ऐलान किया है कि भारतीय स्टेट बैंक यानी एसबीआई के साथ भारतीय महिला बैंक के विलय को मंजूरी दे दी गयी है. इसके पहले एसबीआई में उसके पांच सहयोगी बैंकों, स्टेट बैंक ऑफ पटियाला, स्टेट बैंक ऑफ बीकानेर एंड जयपुर, स्टेट बैंक ऑफ त्रावणकोर, स्टेट बैंक ऑफ हैदराबाद औऱ स्टेट बैंक […]…
How fintech players are expanding their horizons to stay ahead of the curve
The banking and financial services sector has witnessed a sea change over the past year with banks increasing focus on technology, demonetisation-induced cash crunch causing a spike in digital transactions, and proliferation of fintech players offering innovative products and services. Customers …
e-Commerce companies to pay up to 1% TCS under GST
E-commerce firms like Snapdeal and Amazon will have to mandatorily deduct up to 1 per cent TCS (Tax Collected at Source) while making payments to their suppliers under the GST regime which is expected to kick in from July 1. The model Goods and Services Tax (GST) law, finalised by the GST Council…
Govt steps up efforts on quicker exit for start-ups
New Delhi: The government is working on a fresh set of initiatives for startups, including rolling out norms for resolution of companies that are facing financial stress within 90 days and new tax proposals. that the Department of Industrial Policy and Promotion (DIPP) will hold consultations ove…