Fund aims to invest in tech-enabled companies in sectors such as hospitality, consumer, financial services, rural product and services sectors, usually in ‘Pre-Series A’ deals of around $2-3 million
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GST figures: Over 10 lakh new registrations approved, another 2 lakh in process
In addition about 71 lakh people have migrated to GST out of earlier registered persons. Once registered, provisional GSTIN is allotted to furnish business details.
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Elevate 100: 1700 start-ups pitch to make the grade
400 responses come-in from rural areas, while 350 women-owned start-ups register Hubli registers 109 entries, other cites and towns contribute less than 100 each
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Bengaluru & Delhi feature in world’s top 50 WomePreneur fostering cities index of Dell
Bengaluru ranks 40th and Delhi takes up 49th spot as only 2 Indian cities, while New York tops Singapore the only representative from Asia Pacific and Japan region
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Public tenders now within reach: Start-ups exempted from earnest money submission
Interested bidders were earlier required to submit an earnest money/bid security with a view to establishing reliable sources for procurement of goods commonly
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Govt formulating Rs 2k cr credit gurantee scheme to help start-ups access collateral-free loans
DIPP-recognized start-ups will be provided portfolio-based credit guarantee of upto Rs 500 lakh per case
10 eligible start-up loans during a particular financial year a must
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UP plans to take-over Khadi industry globally with ‘made-in-UP’ products
UP Khadi & Gramudyog department preparing made-in-UP brand logo; On-boarding e-Commerce giants for global spread of state’s Khadi products
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Trade deficit with China: Govt may soon impose anti-dumping duty on radial tyres
Imposition to boost domestic rubber manufacturing MSME units, procedure in progress Directorate General of Anti-Dumping and Allied Duties (DGAD)
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SIDBI operationalises merchant banking to push capital access of MSMEs
SIDBI has supported over 125 Venture Capital Funds, finds an extended service for listing the investee companies in SME exchanges through its merchant banking operations
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GAIL to give wings to start-up ideas with corpus of Rs 50 cr
GAIL to mentor start-ups in core areas like natural gas & derivatives; Launches start-up web portal for proposal submission
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