Indonesia’s Go-Jek acquires Bengaluru start-up Pianta for talent

Indonesian on-demand motorcycle taxi service Go-Jekhas acquired Bengaluru-based home health care service Pianta, founded by former Ola executives, for an undisclosed amount as it looks to shore up on talent at its India engineering centre. Go-Jek will integrate the entire team from Pianta, includ…

Karnataka earmarks Rs 2 cr for tech start-ups

Karnataka Startup Cell funds Rs 2 crore in eight startups AAO Hostel, Highway Delite, Highir Technologies, Digitour Technologies, Aseuro Technology. Trip Diary, Moving up Products and Trip on Food. The startups have come up with innovative technology based solution for the tourism industry in Kar…

IIT-Bombay start-up incubator goes for expansion

Society for Innovation and Entrepreneurship (SINE), the incubation centre at IIT Bombay, is looking to expand its operations as it sees steep rise in number of student-start-ups vying for space. The 12-year-old incubator has 28 start-ups. It expects the number to rise to 50-60 by next year and to…

FinMin pitching for Jan 31 Budget

The Finance Ministry is said to be pitching for the Union Budget 2017-18 to be presented on January 31, an event which would give Parliament exactly three months to  approve the Finance Bill before April 1. The final decision on the Budget date will be a political one and will be taken by the Cab…

Total count on BSE SME platform reaches 153

Radhika Jeweltech, which raised nearly Rs 50 crore through its IPO, got listed on BSE’s small and medium enterprise (SME) platform on September 27, taking the total number of such firms to 153. This was the biggest initial public offering till now on any SME platform in India. The firm came…

GST to provide MSMEs level playing field

Ahmedabad: The Goods and Services Tax (GST) Bill will boost the competitiveness of MSMEs and create a level playing field for organized and unorganized sectors, said experts at a manufacturing conclave held by Confederation of Indian Industries (CII) on September 27. “One of the major benef…

Khadi now on PM’s aircraft too

The Air India One, the official carrier of the Prime Minister, has also begun using exclusively Khadi attire for its in-flight staff. Silk sarees, Jodhpuri bandh gala coats, trousers and jackets are being supplied in record time for the PM’s aircraft. Air India has placed a big order for su…