Palo Alto-based education startup Stoodnt, which helps students aspiring to study abroad by connecting them with high-quality college admission counsellors, and providing guidance, insights and online tools, has raised an undisclosed amount in funding from Rajan Anandan, Vice-President, Google, S…
PayU & Citrus Pay agree to a $130m landmark deal in Indian fintech
United under PayU brand, combined payments powerhouse will reachmore than 30M Indian customers and 200K+ merchants New leadership team brings together deep financial services experience in emerging markets PayU to build on Citrus Pay capabilities, offering breadth of financial services PayU, the …
For MSMEs, legal constitution can lead to customer stability, faster growth
Micro, Small and Medium Enterprises (MSMEs) registered as companies (private limited and public limited) tend to perform better than those operating as firms (proprietorship and partnership). CRISIL analysed about 4,500 MSMEs, comprising companies and firms in equal measure, over fiscal 2013-15. …
Ratan Tata invests in food-tech start-up IdeaChakki
IdeaChakki, a food-tech venture, has raised money from Ratan Tata. The Delhi-based start-up, however, did not disclose the quantum raised. The company also partnered with Enablers for their next round of funding. The start-up provides digital video menu for restaurants and allows customers to gif…
LinkedIn launches new product to help small businesses in India
LinkedIn expects to take what it calls ‘Made in India, for India’ products to other markets in the world, the CEO of the professional social networking company said. “There’s a lot of learning from what we are going to do here that we think can be extended elsewhere beyond…
Seven oil PSUs plan to set up Rs 100 cr start-up fund
Seven public sector oil companies—Indian Oil Corp. Ltd, Bharat Petroleum Corp. Ltd, Hindustan Petroleum Corp. Ltd, Gail India Ltd, Oil India Ltd, Engineers India Ltd and Oil and Natural Gas Corp. Ltd—are coming together to launch a Rs.100 crore start-up fund shortly, said three officials who are …
Young entrepreneurs to get more funding from govt
To support young entrepreneurs, the central government will launch ‘special funds’ for those in the 16-21 years and 21-26 years age groups. “It’s on the drawing board. We have accumulated funds worth Rs 9,000 crore under the technology cess category, and we want to use this. We might launch incub…
India drags US to WTO over renewable energy subsidy to eight US states
India has dragged the US to the World Trade Organisation (WTO) challenging the domestic content requirements and subsidies provided by eight US states in the renewable energy sector. “On 9 September, India requested consultations with the US under the dispute settlement system regarding all…
CA Technologies accelerates the development and integration of secure APIs
CA Technologies has added new capabilities to its API management portfolio to speed development and dramatically change the way applications are envisioned and brought to reality. “CA Technologies is helping customers transform how the applications which drive today’s economy are built,” said Vi…
BlackSoil Capital closes its first venture debt deal of ₹15 cr with ‘nearbuy’
India’s largest local commerce platform nearbuy, raises venture debt of ₹15 crore from BlackSoil Capital Private limited. Featuring hyper local offers in segments like food & beverage, spa, salons, wellness & getaways nearbuy allows customers to discover the best things to do around them.…