The startup culture in India has been rapidly shaping into a phenomenon, and with PM Modi propelling the movement with the launch of the Startup India initiative; there is a significant push for the cause by state governments across the country. Odisha government has now joined the movement, deve…
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Why Indian SMEs need to partner with IoT platforms
The Make in India initiative aims to boost the contribution of the manufacturing sector from 15% to 25% of GDP, by 2022. While the market is buoyant and some changes are visible, it seems we will take much longer than anticipated to get the desired results. If and when this growth happens, there …
C’garh adopting best practices of Singapore & Silicon Valley
Chhattisgarh has started adapting the best policy practices from the fastest growing entrepreneurial eco-systems, like in Singapore and the Silicon Valley, to accelerate entrepreneurial growth to provide a major push to the ‘Startup Chhattisgarh’ programme, officials informed. It is now aggressiv…
Start-ups can boost job creation, say IT experts
Mumbai: Innovation and entrepreneurship are the keys to boost manufacturing and job creation, contrary to fears that automation may stunt jobs, say IT industry experts. E-commerce is a good example of how technology-driven innovation can give rise to both skilled as well as unskilled jobs over th…
Money tips to help your start-up succeed
The bitter truth about startups in India? Over 200 shut shop last year, a 50% increase over 2015. Seven out of 10 of these startups were founded in 2014 and had raised sizeable capital for their operations. However, despite funding, they failed. A startup founder was recently arrested over pendin…
Fintech start-ups expand investment options for non-urban users
Ease of transaction and the convenience linked with applications offered by fintech players is driving consumers from small towns to explore investment products beyond recurring or fixed deposits offered by traditional banks. Most of the consumer-facing fintech startups that small towns (Tier III…
International Chamber of Commerce pushes for e-Commerce agenda at WTO
New Delhi: A key global business lobby group has petitioned the World Trade Organisation (WTO) to begin talks to open up cross-border digital trade for small and medium companies and allow them to sell their products across borders through e-Commerce. The International Chamber of Commerce has pro…
Non-tech companies acquiring tech start-ups rather than starting a software division from scratch
Harpreet Grover was at a crossroad last year -go it alone or get acquired. His hiring assessment company, CoCubes, which had 600 customers and $2 million in funding from Ojas Ventures, was in acquisition talks with HR consultancy and long-term customer, Aon Hewitt. But a private equity fund was o…
Investors get drawn towards SME IPOs
While large size IPOs are getting improved responses from investors, with some over subscribing two to four times on the main platforms of Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), SME IPOs are not lagging behind either. According to the investment bankers, investors’ t…
Must knows for a health-tech start-up
Tech start-ups have been a buzzword for a long time and the newest trend coming out of the Indian Silicon Valley is no doubt, a ‘Health Tech’ start-up. With the coming of Obamacare in the US in 2009, there mushroomed approximately a 100 Health Tech start-up companies in USA alone and an inflow of…