As startup ecosystem is maturing in India, the number of B2B startups is increasing when compared to B2C startups. Mentors, investors and startup experts observe that the increase in B2B startups is a sign of startups getting more focused and serious, which is a healthy sign. “Many youngsters ven…
Open environments tend to breed the best competitors says Google’s Rajan Anandan
Some of India’s most successful entrepreneurs may be seeking protectionist measures and competitive advantage over foreign rivals operating in the country in the form of local government regulation, but Google’s go-to person in India Rajan Anandan cuts across the popular narrative wit…
Starting up just to make money is the wrong reason for start-ups: Panellists at IIMBue 2016 Summit
Starting up just to make money is the wrong reason for start-ups, said panellists at IIMBue 2016 – summit hosted by the Alumni Association of IIM Bangalore. Participating in the panel discussion on ‘Un-Tabooing of Wealth’ by Kunal Shah, Founder & Chairman, FreeCharge; Aprameya Radhakris…
Media start-up ScoopWhoop acquires Touchfone Technologies
Media startup ScoopWhoop has acquired Touchfone Technologies for an undisclosed amount in a cash-and-stock deal. As part of the deal, Touchfone Technologies Co-Founders Mahesh Subramanian and Brahmayya Akella will be appointed as ScoopWhoop’s Chief Technology Officer and Chief Integration O…
Free markets are important for every economy: SoftBank MD
Free markets are important for every economy as it allows consumers to have enough choices and the only thing required in a country is to have a level playing field, said Deep Nishar, Managing Director, SoftBank Group. He also added that Indians should not be worried about other people ‘eating ou…
Digital payment start-ups unaware of high security risks: FireEye
As India embraces a cashless economy, there has been a sudden spurt in new mobile wallet companies — but most of these start-ups are setting up digital shops without knowing the cyber risks involved, a top executive from US-based cyber security firm FireEye has emphasised. This is a dangerous tre…
Demonetisation Effect: Agra leather industry facing hard times
The leather industry in city has been hit hard by the government’s sudden withdrawal of high-value currency with labourers not getting their wages and manufacturers having no money to buy raw material. Prime Minister Narendra Modi dropped a bombshell on November 8 by abolishing Rs. 500 and Rs. …
PM to launch skill development initiatives
Prime Minister Narendra Modi will unveil on December 19, a clutch of skill development initiatives aimed at skilling unemployed youth and also lay the foundation stone of the Indian Institute of Skills here. “Apart from launching 31 Kaushal Kendras which will serve as skilling centres and t…
e-Commerce cos grow revenues, but losses skyrocket
Even without the curbs imposed on them, e-retailers don’t seem to have made too much money in FY16. While for some companies, the losses doubled, for others, it trebled, indicating many of them are simply buying revenues. In other words, they are driving sales by offering customers big discounts …
Demonetisation Effect: Manufacturing sector gets no relief
About 30,000 units manufacturing auto mobile spare parts and about the same number of agro based industrial units have shut shop post-demonetisation with orders drying up. About 1.5 lakh MSME units (all segments) lined up along Jeedimetla, Balanagar, Shahpur, Maheswaram, Adibatla, Quthbullapur, D…