People in all corners of the globe should proudly ask for “Made in India” Handicrafts: this is the dream that the Textiles Minister Santosh Kumar Gangwar laid out before the members of the Parliamentary Consultative Committee of Ministry of Textiles, held at NIFT, Hyderabad on the eve of the inau…
The northeast’s Startup Star is on the rise
The “venture fund” set up by the Union Government to promote startups in India’s northeastern states has resulted overwhelming response making the region vibrant with several small and medium enterprises keen to start operation there. Minister of State for Development of Northeastern Region (D…
Capgemini to tap into Startup eco-system
Capgemini, the Paris headquartered technology services major, will tap into the startup eco-system in India and soon launch its dedicated programme focused on accessing their innovative technologies. Called the applied innovation exchange, Capgemini brings together the technology startups and its…
TESCO keen to work with Indian start-up ecosystem
Edmmond Mesrobian, chief technology officer of UK retail giant Tesco, believes the Indian start-up system is an untapped opportunity and the company is keen for partnerships. Tesco globally has been working with start-ups in the US and the UK, and with the recent surge, the retail players wants t…
Reserve Bank smoothens the wheels for Start-ups
The Reserve Bank of India (RBI) released a statement on February 11 clarifying payment-acceptance rules, especially when it came to foreign currency, for start-ups. “A start-up in India with an overseas subsidiary is permitted to open foreign currency account abroad to pool the foreign exchange e…
From slogan to reality, Step One
The event expects to attract thousands of global corporate bigwigs who will, hopefully, invest in world-class manufacturing facilities in India. It also hopes to foster the sharing of ideas that benefit the country. It is, in other words, an effort designed to take Prime Minister Narendra Modi’s …
Make in India is also about Make for India | Nirmala Sitharaman
As the government sets out to observe the Make In India week in Mumbai, starting February 13, commerce and industry Minister Nirmala Sitharaman says the programme is aimed at promoting manufacturing for both exports and domestic requirements, as opposed to apprehensions from some quarters that th…
Indulge beverages raises $1 million in Angel Funding
Delhi-based Indulge Beverages brand Bonhomia has raised $1 million in angel funding from HNI’s lead by Alok Rawat, President of FGWilson and an early investor in Grey Orange Robotics as well as Neeta Mirchandani from Kae Capital and Kanwaljit Singh, the founder of Fireside Ventures among ot…
ActonMagic raises a seed fund of around Rs 85 lakhs
ActOnMagic, a cloud management startup, has raised a seed fund of around Rs 85 lakhs, led by NetMagic’s Co-Founder Jayabalan Subramanian. The money will be used to scale the product engineering team and sales efforts in India. We are happy to lose the “Bootstrappers” tag to help…
BSE SME platform boost for Make In India project
PM Modi’s, Make in India drive has got a big boost as the return has been 700 % the SME IPO index in the last three years and units listed able to equity finance their projects in the face of bank loan squeeze . SMEs provide a major chunk of employment and contribute in a […]
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