Apex exporters body FIEO today suggested the government to extend fiscal benefits to Micro, Small and Medium Enterprises (MSMEs) to boost exports from the sector. MSME sector contributes about 45 per cent to the country’s total exports. “MSME exporters may be provided additional expor…
Economic survey 2016 | 19,000 startups in India but exit options are bleak
While India’s startup ecosystem continues to develop at a rapid pace, the exit options for risk capital investors, who have poured in billions of dollars backing home-grown ventures, remain bleak, according to the Economic Survey 2015-16 released by the Government on Friday, and which was t…
Registration for MSMEs simplified | Kalraj Mishra
The Ministry of Micro, Small & Medium Enterprises (MSME) has set up a one-man expert committee to draft a comprehensive policy for MSMEs. Assuring hassle free environment for MSMEs, Union Minister Kalraj Mishra has said that the process of registration of units has been simplified as a part o…
NEA | Bridging the gap between its member-industries and Government bodies since 1978
Noida Entrepreneurs Association is one of the pioneer Associations in UP. It has been functioning since 1978. Right from the beginning, NEA has been trying to bridge the gap between its member-industries and Government bodies and is determined to further eliminate this gap. It’s Committee/Members…
Second batch of startups graduate from Paypal’s start tank
Online payment major PayPal today announced the graduation of the second batch of startups from its incubation centre Start Tank. The batch comprising of user engagement startup Konotor and HR focused startup PiQube were incubated since November 2014. Set up in Chennai two years ago, Start Tank i…
Freedom.Desi raises seed round
Delhi-based Freedom Smart Labs Ltd has raised Rs 1 crore in seed round from Kapil Goel, Managing Director of retail chain DCS Group. The wifi-based retail solution product Freedom.desi developed by the company helps retail outlets re-target customers. Similar to location based technologies develo…
After India entry, language learning app Duolingo eyes Indonesia, Pakistan
Soon after language learning app Duolingo launched services in India with a Hindi app to teach Indians English, Luis von Ahn, Founder of Duolingo, said the US-based startup is scouting for opportunities in Indonesia, Pakistan and other emerging markets. “These are countries we have never lo…
EduBridge learning raises $2.5 million in series A round
EduBridge, a Mumbai-based skill development platform that provides services to youth in semi-urban and rural areas, raised $2.5 million (Rs 17.1 crore) in a series A round led by Insitor Impact Asia Fund and Acumen Fund. The firm plans to use the money to expand operations to Gujarat, Odisha, Jha…
Hi-Tech Pipes became 13th company to get listed on NSE’s SMEs platform
Pipe maker Hi-Tech Pipes became the 13th company to get listed on NSE’s small and medium enterprises (SMEs) platform ‘Emerge’. According to the stock exchange, Hi-Tech Pipes’ public issue was subscribed 2.64 times, making it the highest ever subscribed issue to get listed …
MSME sector has emerged as vibrant and dynamic | Amenba Yaden
Parliamentary Secretary for Industries & Commerce, Amenba Yaden has asserted that Micro, Small & Medium Enterprises (MSME) sector has emerged as a vibrant and dynamic sector of the Indian economy over the few decades. He said this after inaugurating National level vendor development progr…