With wary VCs drastically cutting their investments in cash-burning start-ups, top two players in many categories are standing out from the herd
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IISER to set up industry cell to boost students’ & teachers’ entrepreneurship potential
The Indian Institute of Science Education and Research (IISER), Kolkata, is planning to set up an academia industry cell which will help students and teachers in giving a boost to their entrepreneurship potential. “The process of setting up an incubation cell for promoting entrepreneurial potenti…
Building company a marathon, not a sprint: Nandan Nilekani
Bengaluru: Values and perseverance, ambition and vision are attributes that entrepreneurs must possess in plenty, according to a galaxy of stalwarts who gathered to celebrate the spirit of enterprise at India’s de facto startup summit in Bengaluru on August 18. Even as they lauded the role …
GST input tax credit form to be available from August 21
The form for claiming transitional input tax credit will be available on the GSTN website from August 21, reported a leading business daily. The transitional credit is the carried forward input tax credit from the earlier central excise and service tax regime. Taxpayers who wish to claim the cred…
Why entrepreneurs are hedging their bets on crowdfunding
Over the years, crowdfunding has become popular among entrepreneurs mainly because it’s a great way to test the waters before you actually launch the product or service. You understand your idea’s worth and where it stands in the industry. It’s actually the crowd telling you what’s working and wh…
Encouraging signs of more domestic capital in the start-up ecosystem: Nandan Nilekani
Bengaluru: At a time when foreign capital primarily continues to fund India’s startup ecosystem, Nandan Nilekani, former chief executive of Infosys Technologies, pointed out that there were signs that domestic investors were beginning to weigh in as well. The architect of Aad…
MSME Development Institute organises one-day IMC programme at GDC Anantnag
Micro, Small and Medium Enterprises Development Institute (MSME-DI) J&K organised a one-day Industrial Motivation Campaign (IMC) programme in collaboration with Government Boys Degree College, Anantnag. During the programme experts threw light on various dimensions of entrepreneurship a…
SoftBank to invest $200 m in logistics start-up Rivigo
Japanese conglomerate Softbank is eyeing logistics industry as it is set to infuse $200 Million in Gurgaon-based logistics startup Rivigo. The investment, if it goes through, could value the three-year-old company at nearly $1 billion, one of them said, while another pegged the potentia…
Start-ups complain to Centre: ‘PSUs not following public procurement guidelines’
The central government is flooded with complaints from start-up firms stating that the Central public sector companies are not following the public procurement guidelines that exempt them from the requirement of “prior turnover and prior experience”. On May 17, 2017, Ramesh Abhishek, secretary, D…
GST triggers consolidation in warehousing industry
New Delhi: A wave of consolidation is sweeping over the Rs 50,000-crore warehousing industry, thanks to the goods and services tax (GST). The rollout of the tax reform measure could reduce total number of warehouses in the country by at least 40% in the coming months, top industry executives said…