In a bid to make the city of Visakhapatnam the fintech hub for the country and the world, Andhra Pradesh’s Fintech Valley Vizag has launched the first Fintech innovation challenge for India’s leading broking firm, Angel Broking. As financial services companies are adapting to the transition of In…
दो साल में 4000 स्टार्टअप्स को एक अरब डालर का निवेश मिला
बेंगलुरू: कर्नाटक ने सूचना प्रौद्योगिकी एवं जैव प्रौद्योगिकी क्षेत्र में देश की अगुवाई करना जारी रखा है और बीते दो साल में 4000 से अधिक स्टार्टअप को एक अरब डालर से अधिक का निवेश मिला है। कर्नाटक के राज्यपाल वजुभाई वाला ने आज राज्य विधानसभा के संयुक्त सत्र में अपने परंपरागत संबोधन में यह बात [&hel…
Overall positive budget, but start-up sector hoped for more
The Union Budget for 2017-18 was presented amid high expectations in the wake of the impact of demonetisation. With the government focusing on boosting the start-up sector, the industry was hoping for the Budget to help improving the ease of doing business for the start-ups. Increased tax exempti…
Entrepreneurship courses got a boost from Start-up India: IIMA’s Amit Karna
Start-ups have mushroomed throughout the country, and so have short-term entrepreneurship courses that promise to hone people’s entrepreneurial skills. Professor Amit Karna, chairperson of Centre for Innovation Incubation and Entrepreneurship at the Indian Institute of Management, Ahmedabad, comm…
H-1B looms big for Indian unicorn start-ups in the US
Chennai: US Democrat Zoe Lofgren’s bill introduced last week is set to ensure that the US retains the crown when it comes to creation of billion dollar startups. The bill seeks to curb job outsourcing through H1B program which has been long used by large IT companies, and make way only for …
Over 4k start-ups in India receive $1 bn investment in two years: Official
Bengaluru: Karnataka continues to lead the country in the Information Technology and Bio-Technology sectors, and over 4000 start-ups have received investments of $1 billion over the past two years, Karnataka Governor Vajubhai Vala said. In his customary address to the joint sitting of the state l…
SAAB offers next generation defence capabilities to India; Looks to partner with SMEs
Bengaluru: Swedish Aerospace and Defence firm, SAAB Group on February 6 said the company is willing to offer defence capabilities to enable India to manufacture and export next generation fighter jets. SAAB is set to showcase its fighter plane, the Gripen E aircraft at the Aero India 2017, a bien…
Indian food tech start-ups grew by 150% in 2016 despite funding slowdown: Report
Online food tech industry saw a 150% in order volumes in 2016 despite a funding squeeze and multiple players scaling down their operations or shutting shop, according to a new study. After a heady 2015, Food tech sector was one of the worst affected sector in the funding slowdown last year. The s…
Gujarat’s MS University to set up centre for start-ups
Vadodara: MS University will give a boost to the start-up movement by setting up a dedicated Centre for Startups. A proposal in this regard has got in-principle nod from the MSU’s syndicate body, which has set up a five-member committee to review the project. “With both the central an…
Nestle eyes tie-ups with start-ups
New Delhi: Swiss food giant Nestle is looking to partner with Indian startups to appeal to tech-savvy consumers. Similar to its open innovation platform Henri@Nestle in the US, this initiative will help the 150-year-old company rope in third-party innovators to create new products, ramp up commun…