Niti Aayog’s Atal Innovation Mission (AIM), the government’s flagship programme to promote innovation and entrepreneurship, is inviting applications for ‘Mentor India’ initiative. Mentor India is as a strategic nation building initiative to engage leaders who can guide and mentor schools students…
GST 360°: Tax, in the bigger picture
Understanding is not merely a product of objective analysis. It needs a perspective as well. The national debate on GST is a case in point. GST can not be admired and criticised merely based on Rs 10 or Rs15 toothpaste and shampoo. It has to be weighed upon a broader taxation policy perspective. …
A more dynamic and vibrant version of GeM portal to be unveiled soon
New Delhi: The commerce ministry will work with IT firm Intellect Design Arena Ltd to make Government e -Market (GeM) portal more dynamic and vibrant in the next six months, a senior official today said. The portal was launched in August last year for online purchases of goods and servi…
Microsoft Accelerator helping start-ups to go global, launches its 11th cohort
Bengaluru: The next step for enterprise startups is to go global and Microsoft is focusing on helping 14 startups in its latest cohort of its accelerator program. The startups are all in their late stage, having an average age of 3.5 years and an employee size of 80 employees.…
Payments solutions start-up Ezetap raises $16 m from Jonathan Soros, other investors
Bangalore based payments solutions company Ezetap has raised $16 million in funding from Jonathan Soros owned US-based venture capital fund JS Capital Management and other investors, taking total funding in the firm to $51 million. Chamath Palihapitiya founded Social Capital also invested in this…
BNI aims to foster SME growth through business networking pan-India
SMEs are going to be next growth frontiers for us, say Business Network International chiefs
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‘Job creators, not seekers’: It’s not an easy road for start-ups in India
Data show there are 800 start-ups recognised by government. Start-up sector in country is still in its nascent phase, which is already seeing cautious investors and a large number of them not maturing beyond an idea.
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Bombay Shaving rakes in Rs 14 cr from a clutch of investors led by Fireside Ventures
Mumbai: Men’s consumer care product firm Bombay Shaving Company has raised Rs 14 crore from a clutch of investors led by Fireside Ventures to fuel its expansion plans. The funding round also saw participation from existing investors S Ramadorai, former CEO at TCS; Pankaj…
Data protection start-up Druva raises $80 m from Riverwood Capital, existing investors
Bengaluru: Druva, among the world’s biggest data protection startups, has secured $80 million (about Rs 513 crore) in funding led by US-based Riverwood Capital, bulking up capital as enterprises face frequent threats from increasingly sophisticated cyber attacks. The company’…
Manufacturers’ body writes to Fin Min as GST remains a worry
The Micro, Small and Medium Enterprises (MSME) sector is yet to solve the issues related to the Goods and Services Tax (GST) even after 50 days since it was implemented, All India Manufacturers’ Organisation (Aimo) said. The sector faced problems on basic issues like filling GSTR-3 B …