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Why most healthcare start-ups are bleeding

Ahmedabad: Not many digital healthcare start-up has achieved break-even mainly because of the absence of ‘assisted e-commerce’ in an industry driven mostly by doctors, pharmaceutical companies and their associations. Slow growth, difficulty in getting all the stakeholders, including consumers, on…

India becomes net exporter of power for the first time

India has become a net exporter of electricity for the first time, the power Ministry said on March 29, adding that upcoming cross-border transmission lines with neighbouring countries such as Nepal, Bangladesh and Myanmar will only increase sales. April-February power exports of around 5,798 mil…

Healthcare Industry likely to touch $280 bn by 2020 | Anupriya Patel

Minister of State, Ministry of Health & Family Welfare, Anupriya Patel on March 29 forecast that the size of healthcare industry would be scaling up at US$280 billion by 2020 from current estimated level of about US$100 billion with new National Health Policy being in place which incentivizes…

Godaddy launches new website builder for small businesses in India

GoDaddy, the world’s largest cloud platform dedicated to small, independent ventures, has announced the launch of GoDaddy’s new Website Builder combining a mobile optimized website builder with an integrated set of marketing and e-commerce tools, making it easy for small businesses in India to at…

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first Common Engineering Facility Centre (CEFC) at Bardoli, for which foundation stone was laid this week, will benefit around 1,200 Micro, Small and Medium Enterprises (MSMEs) of textile and general engineering sector in the south Gujarat region. The CEFC will be set up on 256 acre…

Changing rules that force start-ups to move abroad: Secy

New Delhi: The government today said it is making changes in the regulations that force startups to incorporate their units abroad. “We are changing regulations that are forcing startups to incorporate abroad. Some changes have been made and the rest should be done this year,” Secreta…

Byju’s raises money from Verlinvest

Bengaluru: Byju’s, the edtech startup, has raised an undisclosed funding from Belgium based venture firm Verlinvest. The money will be used for fuelling international expansion and acquisition plans. “In the last 18 months, we have witnessed exponential growth in India. While these numbers are ve…

ABB looks to plug into Indian start-ups

Mumbai: Swiss industrial giant ABB Group is exploring the possibility of investing in Indian start-ups, which will complement with its line of business. Globally, it has investments of over $150 million in high-potential industrial technology and energy companies. Managing Director of ABB India L…