BENGALURU: Anugrah Shrivastava used to be a research executive at Japanese investment bank Nomura. During his three year stint at the firm, he realised that a lot of stocks move in the same direction based on a theme, event, or development. What if one could build a technology product that would …
Tech Mahindra launches incubator for start-ups in Milton Keynes
IT firm Tech Mahindra has launched InnovateMK, an incubator that will work with technology startups in Milton Keynes in the UK. Over the next two years, InnovateMK aims to support more than 50 entrepreneurial ventures in the region, Tech Mahindra said in a statement. InnovateMK is also supported …
Vibrant Gujarat: NSE nudges SMEs to go in for listing
Encouraging Small and Medium Enterprises (SMEs) to list on its platform, NSE has said listing will help such companies raise capital for their growth and provide visibility. “Listing on an exchange platform will help SMEs raise capital for their growth and provide several benefits like visi…
Hyderabad model for Odisha start-up hub likely
BHUBANESWAR: The Odisha government is planning to set up a start-up hub, a one-stop destination to facilitate young entrepreneurs in the state. The proposed centre will be in line with T-Hub (one of the country’s largest incubator for start-ups), in Hyderabad. “It will not only provid…
India lacks backbone for less-cash economy | Gopal Jiwarajka, President, PHD Chamber
Small and Medium Enterprises (SMEs) have not only taken a big hit after demonetisation, they have been suffering from government policies that incentivise them to stay small, says Gopal Jiwarajka, the President of PHD Chamber of Commerce and Industry (PHDCCI), in an interview. Jiwarajka says the …
Goan start-up to track Election Commission vehicles in Punjab & Goa
PANAJI: Any fears of misuse of government vehicles during the elections can now rest with a six-month old Goan start-up stepping forward to track and monitor Election Commission vehicles on a real time basis in Goa and in Punjab for the February 4 state assembly elections. The Panaji-based start-…
DIPP to fund & promote homegrown leather brands
Indian government is all set to give home grown leather brands like Woodland, Red Tape, Hidesign a marketing and promotional fillip to compete with Louis Vuitton, Hermes, Salvatore Ferragamo of the world through a new scheme. “We will provide funds and facilitate through other possible means to t…
Vibrant Gujarat: Welspun to invest Rs 4k cr on textile projects in Gujarat
Diversified Welspun Group has said it would invest Rs 4,000 crore on three large textile projects in Gujarat. Welspun India said in a BSE filing that three MoUs are being signed with the state government at the ongoing Vibrant Gujarat Summit 2017. The group, which has presence in home textiles, l…
Vibrant Gujarat: 18,533 MoUs signed for MSMEs; Sector bags maximum memos
Gujarat government said that 25,578 Memorandum of Understanding (MoUs) were inked during the Vibrant Gujarat Global Summit, but refrained to give the amount of investment they will generate. The state government broke the tradition of last seven editions of biennial summits of announcing the amou…
Venture capital world preparing for a tough year; here’s why
On the face of it, things in India’s venture capital market look good. In a year of valuation markdowns and shuttering startups, venture capital firms managed to mop up a record amount of capital. Led by local affiliates of Silicon Valley heavyweights, Sequoia Capital and Accel, VC funds dedicate…