New Delhi: The government will roll out a programme in coming weeks to bring more women into the startup ecosystem by offering them mentoring and capital for setting up businesses. “We are now trying to put together a small startup programme where we want to focus on women in technology. We…
Government’s biotech innovation centre to be set up in Bengaluru’s C-CAMP
Bengaluru: The government’s nodal funding agency for the biotech industry, the Biotechnology Industry Research Assistance Council (BIRAC), will house its regional entrepreneurship centre at Bengaluru-based Centre for Cellular and Molecular Platforms (C-CAMP), a biotechnology innovation incubator.…
SMEs will tremendously benefit if electronic process continues for some more time: V Vaidyanathan
In an interview to Shilpy Sinha, V Vaidyanathan , chairman of non-banking finance company, Capital First, said Capital First exercises great diligence in lending, but the method of lending is different from traditional ways. Edited excerpts: Q: A large part of your portfolio comprises SMEs, which…
Couponhaat receives pre-series A funding from a private European Investor
Couponhaat, a Delhi based start-up and India’s leading e-commerce company which provides best coupons and deals for online shoppers receives funding from a private European Investor. The undisclosed amount of funding is Couponhaat’s first Pre-Series A funding. Axel Wawrina, an investor base…
Digital start-ups get together to engage better with policymakers
Bengaluru: A handful of bitcoin startups, led by Zebpay’s Saurabh Agrawal, had been talking for a while about reviving their defunct industry group. It finally took a Central bank warning notice that resurfaced in February after four years to kick them into action. The Digital Asset and Blockchai…
American food firm Hain Celestial eyes acquisition of Indian health start-ups
The $3-billion Hain Celestial Group is planning to acquire Indian start-ups in the health and wellness categories, with a budget of $1-5 million. The New York-headquartered company, which has a presence in India through its global acquisition of Tilda Rice Company, is planning to expand its portf…
मुश्किल में फंसीं स्टार्टअप्स कम्पनियां, सैकड़ों एंप्लॉयीज की छंटनी के आसार
इंडियन स्टार्टअप सेक्टर को और जॉब लॉस का सामना करना पड़ रहा है क्योंकि करीब आधा दर्जन मझोले आकार की कंपनियों ने कॉस्ट घटाने और कैश बचाए रखने की कवायद के तहत सैकड़ों एंप्लॉयीज को छंटनी के नोटिस जारी किए हैं। कंपनियों को आने वाले दिनों में और मुश्किल हालात का सामना करना पड़ सकता […]
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Lending start-up RedCarpet raises $2.5 mn from Lightspeed
Gurgaon-based micro-lending startup RedCarpet Tech Pvt Ltd has secured $2.5 million (Rs 16 crores) in a funding round led by venture capital firm Lightspeed Venture Partners, according to a financial daily. The funds will be deployed for improving the technology used for risk evaluation, adding n…
Why Uber’s investor Pishevar is bullish on Indian start-ups
Silicon Valley’s super angel investor in Uber who campaigned against Trump’s Presidency has expressed happiness about India seeing a return of its tech entrepreneurs from the US. Shervin Pishevar, the Tehran born executive chairman of Hyperloop One and co-founder of US based venture c…
Startup India: Decoding government’s Fund-of-Funds for start-ups
The single biggest challenge that startups in India face is the lack of funding, both debt and equity. Over the last few years, angel investors have emerged as welcome entrants but there are too few of them. Indian Angel Network, the largest with 450 odd members, invests barely Rs 100 crore in so…