Indian cricket legend Yuvraj Singh begins new innings by investing in a new startup promoted by Rahul Yadav who shot into fame for his Housing.com from which he exited few months back. Yuvraj Singh promoted venture capital fund You WeCan will provide seed investment in Intelligent Interfaces whi…
Venture Catalysts join hands with Plug & Play to help startups
Local seed investment and innovation platform Venture Catalysts has partnered with global incubator and seed fund Plug & Play International to help Indian startups get exposure to Silicon Valley entrepreneurs and investors. To begin with, they will send two Indian startups working on artifici…
MSME rural credit pegged at 21.67K crore in UP
National Bank for Agriculture and Rural Development (NABARD) has estimated the rural credit potential of almost Rs 1,78,000 crore in Uttar Pradesh during 2016-17. The projected outlay of Potential Rural Credit Plan is almost 25 percent higher than the corresponding figure of a little over Rs 1,43…
Industry leaders to mentor SMEs at Kochi B2B meet
Nearly 400 Indian and foreign buyers are expected to conduct business at the three-day Kerala Business to Business (B2B) Meet 2016 here. Over 250 buyers have already registered for the meet, which will exclusively feature the state’s steadily-growing Small and Medium Enterprises (SMEs). Organised…
Handlooms to get a boost in the New Year
Revival of Handloom industry to get top priority in the New Year with government launching a number of initiatives in recent months, an official statement said. The revival plan is to lay emphasis on increasing the earning of handloom weavers, which would in turn attract the younger generation to…
Nine startups join hands for an open net
Nine startup founders, including Zomato’s Deepinder Goyal, Paytm’s Vijay Shekhar Sharma, Mouthshut.com’s Faisal Farooqui and GoQii’s Vishal Gondal on Tuesday made a submission to the telecom regulator on the ongoing differential pricing paper consultation, urging it to pre…
Indian start-ups raised $5.5 billion (Rs 36,000 crore) during 2015 |VCCEdge
Indian start-ups raised $5.5 billion (Rs 36,000 crore) from Venture Capital (VC) firms and angel investors in 1,096 deals during 2015, as they looked to participate in the country’s economic growth story, according to VCCEdge, the research arm of online publisher VCCircle that tracks start-up fun…
‘Bada Socho. TV Socho’ | Amagi Ad campaign’s message to SMEs
Amagi, India’s largest TV ad network has launched its new TV campaign, ‘Bada Socho.TV Socho’ (Think Big, Think TV), encouraging entrepreneurs to target their audience on national TV. Amagi’s patented watermarking technology enables it to split national ad inventory and sel…
FISME raises MSME financing issue with RBI
A delegation of Federation of Indian Micro and Small & Medium Enterprises (FISME) led by Chairman, Banking and Finance Committee, Neeraj Kedia met Executive Director of Reserve Bank of India (RBI) U.S. Paliwal in Mumbai recently and highlighted rising MSME concerns about the fall out of fault…
Rs 1 lakh crore loans to SMEs at risk after Chennai floods
The Chennai floods could put loans worth close to Rs 1-lakh crore, advanced to small businesses and the priority sector in Tamil Nadu, at risk. However, the bad loans are expected to show up only in the next fiscal as relaxations in repayment will obscure the stress for the initial period. Accord…