NEW DELHI, 25 April 2016: The Department of Industrial Policy and Promotion (DIPP) has laid down the roadmap for expediting the process of examining the applications of patents, designs and trademarks by appointing additional 458 new examiners and 263 contract examiners at various levels to clear…
Rivigo gearing up to spend $100 million in new fiscal to beat rivals
Surface transport logistics services provider Rivigo, is gearing up to spend between $80 million-$100 million in the new fiscal, as the SAIF Partners-backed venture looks to outdistance its peers, by expanding at a rapid pace. Founded by IIT Kanpur and IIM Lucknow alum Deepak Garg and Stanford G…
Dairy beverage maker DropKaffe raises a bridge round of Rs 3.33 crore
Ready-to-drink dairy beverage maker DropKaffe has raised a bridge round of $500,000 (Rs 3.33 crore) led by Kanwaljit Singh of Fireside Ventures. Other investors in the round include GrowthStory, and High Networth Individuals including Apurva Salarpuria of Salarpuria Group, CEO of Naukri Hitesh Ob…
India handloom brand bets on ecommerce to raise market positioning
India Handloom Brand is drawing up new strategies that include retail and e-Commerce, in a bid to raise the market positioning of handloom. There are four stores of the Central Cottage Industries Corporation of India at Delhi, Bengaluru, Mumbai and Chennai that stock India Handloom Brand Products…
Domestic e-Commerce market may grow to $102 billion by 2020
The domestic e-Commerce (B2C) market could grow to almost $102 billion by 2020 from $16 billion in 2015, according to the latest report by the Confederation of Indian Industry (CII) and consultancy firm Deloitte. The number of online shoppers could rise to 220 million by 2020 from 39 million in 2…
DIPP mapping incubation centres for entrepreneurs
Flooded with over 400 calls a day at the recently launched Startup Hub, the government is scaling up big time to deal with the deluge of budding entrepreneurs. The Department of Industrial Policy and Promotion (DIPP) has started mapping incubation centres across the country to extend help to busi…
Single MEIS Application for all EDI ports soon
In line with the objective to enhance the ease of doing business, Integrated declaration under the Customs single window has been implemented under which exporters would not be required to take permission from other agencies. This was stated by Najib Shah, Chairman, Central Board of Excise & …
Startups allow users to sell off their luxury possessions
Not sure about what to do with that Karen Millen dress or Louis Vuitton shoulder bag that has been remaining in your wardrobe unused for long? How about selling it off to make some quick money? As the aspirations of the millennial crowd explore newer horizons, luxury products find their way somet…
PepperTap to focus on Logistics business
Hyperlocal delivery startup PepperTap is closing grocery delivery operations in the next one month. The startup will instead pivot and focus on building a logistics company to compete with startups including Delhivery, Flipkart’s ekart division and go Javas head on, multiple sources told ET…
Licious raises $3 million from mayfield India
Bengaluru-based consumer food brand start-up Licious has raised $3 million in Series A funding from Mayfield India II Management, a global fund that has made investments in start-ups like Simplilearn and Amagi. The money will be used to spur product innovations by partnering with Executive Chefs …