Stasis Labs aims for affordable healthcare, raises $5 mn

In the last couple of years, I had the misfortune of spending more than a month at a stretch twice in hospitals. The recent one was a freak bike accident that left a lung punctured, knee ligaments torn, and ribs bruised. But the earlier one was much scarier: a nasty strain of dengue that had [&he…

Know how a start-up should expand?

The speed of scaling up is one among the myriad challenges startups face today. Every now and then they are posed with the question of whether to launch in multiple cities at high speed to attain market leadership or to take a slow and steady pace of city-by-city launch to establish a strong base…

Govt relaxes cash withdrawal norms, move may help SMEs

The government relaxed cash withdrawal norms in a bid to help small businesses and the rural poor, but a bank holiday in 18 states and empty ATMs piled more misery on the people from last week’s surprise ban on high-value banknotes. Throwing a lifeline to millions of traders crippled by a cash cr…

States demand control of SME taxes under GST

Kerala, West Bengal, Delhi and Odisha are likely to play hard at the Goods and Service Tax (GST) Council meet scheduled next week, with their demand to have full control over business and institutions with turnover below `1.5 crore. “Majority of states want a combination of vertical and horizonta…

How start-ups can turbocharge global productivity growth

We have witnessed in recent years the emergence of technology start-up ecosystems across the world. New technology trends are reducing the costs as well as the barriers of access to markets and resources for developing technology start-ups. If in the 1990s, an entrepreneur needed $2 million and m…

Powerloom sector to get govt support for marketing & tax benefits

A mega package for the powerloom sector is in the works, focused on upgrading units. The package will include social welfare schemes, insurance cover and cluster development of power looms. This would be the second in a series of incentives for the textile sector, after a Rs 6,500 crore package a…

India’s September exports growth gives hope, says Sitharaman

Indian exports grew at 4.62 per cent in September to revive hope among the country’s exporters struggling against depressed global demand, Commerce Minister Nirmala Sitharaman said. “So, there is hope. There is definitely prospect for our exporters struggling and also performing in a …

Lifestyle brand managed by specially-abled people grabs funding

Delhi-based Atulyakala, a lifestyle brand managed by deaf artists and designers, bagged funding of Rs 30 lakh on the show The Vault. Rahul Singh, Founder & CEO, The Beer Cafe, expressed his interest in the business initiative which embraces the creative side of deaf artists and designers, inv…