Tata Sons plans to set up an incubator in Pune or Bengaluru and is currently in the process of defining the process and laying out the blueprint for the same. Speaking on the sidelines of Pune Connect, an event organised by the Software Exporters Association of Pune, Gopichand Katragadda, Chief T…
Why small finance faces a big wipeout
The media generally believes that demonetisation has been a political success, that it has put opposition parties on the back foot, and won the hearts of millions who think Modi is the only politician willing to take tough decisions to hit black money. Middle-class folks standing in long queues m…
32 tech start-ups to participate in Startup Bridge to boost M&A
To boost mergers and acquisitions in the Indian startup ecosystem, 32 established technology startups will participate in Startup Bridge, an event to forge long-term relationships with Fortune 500 companies, eyeing mergers, acquisitions and partnerships with these companies. A highly-curated list…
Currency Switch Impact | Kirana stores sales drop by 26%
The liquidity crunch following the recent demonetisation of higher value currency notes has hit retail at kirana stores and the sale of FMCG products sold there, and startups in the space are facing a heavy brunt. Bengaluru-based iD Fresh Foods, which sells ready-to-cook products which sells read…
‘We learnt about app metrics from start-ups we invested in’, say Flipkart Founders
One start-up as the most external funding, the other has been bootstrapping for 20 years. Both Flipkart Founders Sachin Bansal and Binny Bansal, and Zoho’s Sridhar Vembu have started giving back, investing time and money in other startups. Flipkart’s billionaire Founders Sachin Bansal…
Sebi to give a fillip to start-up ecosystem by reducing minimum limit on angel fund investments
Looking to provide an impetus to the early-stage startup ecosystem, markets regulator Sebi plans to reduce minimum angel fund investment for venture capital undertakings to Rs 25 lakh from the current Rs 50 lakh. Sebi may also allow the angel funds to make overseas investments up to 25 per cent o…
Currency Switch Impact | ‘India could become a digital colony’ warns Mohandas Pai
With China and the US pumping in massive foreign capital into India’s digital economy, a top Indian investor and educationist has warned that the country could become a “digital colony” unless Indian businesses start investing in it. “India could become a digital colony,” warned Mohandas Pai, Cha…
e-Commerce start-up IndiTatva promoting exclusive ‘Made in India’ handicrafts
IndiTatva, a new eCommerce startup venture by TriCycle Tribe in the handloom and handicrafts segment offers an exclusive and enormous range of curated products from different parts of India. IndiTatav brings the handcrafted and hand-woven treasures of artists across India into the lives of the ne…
Trade Unions want more jobs from Union Budget
The Union Budget for fiscal 2017-18 should create more jobs and employment opportunities, trade unions said in a representation to Union Finance Minister Arun Jaitley. “The budget should help in creating more jobs and employment opportunities. The minimum wages should be increased to Rs 18,000 pe…
Health care, biotech start-ups need support: Shibulal, Axilor Ventures
Former Infosys Chief Executive and Co-Founder of Bengaluru-based Axilor Ventures, S D Shibulal said start-ups in the health care and biotech sectors “do not have a proper platform or framework to do high-end testing and lack adequate avenues to collaborate with hospitals”. “In health care, the ri…