Prime Minister Narendra Modi’s drive to take the economy into a ‘less cash’ mode through a multipronged strategy would not only check the menace of black money and corruption, but would also convert a large part of the informal economy into the organised sector, according to Assocham President Su…
Tirupati Tech Expo notes increase in participation of innovators & tech startups
About 100 domestic and international business agreements were signed at the DST-Lockheed Martin India Innovation Growth Programme(IIGP)‘s Tirupati Technology Expo in Tirupati city. The number of agreements, which are primarily aimed at taking the innovative technology ideas to the market, h…
Start-ups need to engage more closely with govt: MeitY Secy
The Indian startup ecosystem needs to work more closely with the government and engage in sharing information and analysis to “make sure all the irrationalities are ironed out over a period of time”, a top government official said. Speaking at a CII event, Ministry of Electronics and …
Online beauty destination Nykaa raises Rs 22 cr from Max India arm, others
A Max India arm and some existing investors have pumped in close to Rs 22 crore into online beauty destination Nykaa.com taking its total funding this year to over Rs 104 crore, the ex-i-banker-turned entrepreneur Falguni Nayar Founded startup said. Falguni, who is married to the leading private …
HR analytics start-up inFeedo raises $200k in angel round
HR analytics platform inFeedo has raised $200,000 from a clutch of investors led by Dheeraj Jain, Managing Partner, Redcliffe Capital and Anupam Mittal, CEO of Shaadi.com. Ameera Shah, CEO of Metropolis; Vivek Bhargava, Group CEO of DAN Performance; Rahul Singh, CEO of Beer Cafe and Ambarish Gupt…
Unique Patient Identifier for policyholders to drive digitisation of health insurance | Study
New Delhi: Digitisation and IT are changing the landscape of healthcare and health insurance ecosystem in the country. PM’s initiative of ‘Digital India’ has given a further boost to digitization that will help in the adoption of Electronic Health Records (EHR) and Health Information Systems in t…
Vizag steel plant urged to help out local MSMEs
Visakhapatnam: The big public sector units in the city, especially Visakhapatnam steel plant, should extend a helping hand to the local micro, small-scale and medium enterprises (MSMEs) to achieve employment generation and economic progress, according to Ch. Ayyanna Patrudu, the state Panchayat R…
Amazon cloud attracts start-ups, SMBs in India
Practo is a fast growing Indian start-up in the healthcare space that connects more than 60 million users with 200,000 doctors and 10,000 hospitals. Thanks to Amazon cloud, it has scaled by a factor of 60x and reduced new product deployment time from many months to a few weeks. More than 40 milli…
Juices start-up Fresh Food Concepts raises $2 mn from Angel investors
The Delhi – based, cold – pressed juices startup, Fresh Food Concepts has secured US $ 2 million in pre series A round of funding from the Angel Investors, Siddhartha Gupta and Ashwin Chadha. This funding comes in the wake of the startup planning to expand the presence of its famous fruit juice b…
Indian textile hubs adopt cashless payment modes
The textile Ministry is promoting cashless payment within the industry by encouraging textile workers, artisans and weavers to open bank accounts following the demonetisation of high currency notes. More than 5 lakh workers have opened their accounts in the last 10 days, and a large number of the…