The Department of Telecom along with Telecom Centers of Excellence and C-DoT has set up TEN Square to incubate start-ups in the field of information and communication technology. “Department of Telecom along with Telecom Centers of Excellence (TCOE) India and C-DoT has set up Telecom Entrep…
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Launching new start-up not easy despite large ecosystem: President
President Pranab Mukherjee said it was not easy to launch a new start-up in the country owing to issues related to funding and others, despite India having a “large eco-system” for such maiden ventures. There is a need to provide “a facilitative environment to India’s yout…
Indian start-ups favour China over ‘Make in India’
Two years after Prime Minister Narendra Modi urged Indian entrepreneurs to ‘Make in India’, many have not been able to heed his call. While a few international giants have shown interest in the Modi government’s flagship plan, Indian entrepreneurs continue to find it difficult t…
deAsra signs up 3 banks to fund small enterprises
Pune-based small business advisory firm deAsra undertook a strategic initiative with three city-based banks recently to provide small loans to individual entrepreneurs. DeAsra, which is backed individually by Persistent’s CEO Anand Deshpande, issued a statement saying, “DeAsra’s…
IndiaMART forays into fintech to enable SME sellers on its platform
IndiaMART, India’s largest online marketplace, has announced its entry in the payments space to enable over three million sellers on its platform. Addressing the bottleneck of trust deficit for the SMEs, the company has launched its buyer and seller protection program which will enable the …
Nasdaq partners with Startup India to launch Milestone Makers program
The Nasdaq Entrepreneurial Center has partnered with Startup India to launch their Milestone Makers India program in New Delhi in May 2017, their first venture in India. They are now inviting early-to-mid-stage founders in India to apply or nominate an entrepreneur for the May 2017 cohort. Having…
Japanese investors look to bet their money on Indian start-ups
A new wave of small Japanese investors is scouting in India for early-stage start-ups they can bet their money on, undeterred by a bearish spell that threatens to upset Tokyo-based Soft-Bank’s biggest wagers in the country. REAPRA Ventures and Asuka Corporation are the latest Japanese early-stage…
Google invites entries for ‘SMB Heroes’ awards
Google India on March 8 invited entries for “SMB Heroes” awards, a nationwide programme designed to recognise and celebrate small and medium businesses (SMB) that have gone digital to become successful. The programme, in partnership with the Federation of Indian Chambers of Commerce a…
Telangana comes up with India’s first women entrepreneur park
Telangana government on March 8 allocated 50 acres of land for women industrial park near Hyderabad, claiming it the country’s first such park for women entrepreneurs. Addressing women entrepreneurs of FICCI Ladies Organisation (FLO) on the eve of International Women’s Day, the Telangana Industri…
12 start-ups raised $12.75 mn in pitch@Rashtrapati Bhavan event, a FOIN initiative
“In India, we have a large ecosystem of 4,500 startups – the third largest in the world. Even then, it is not easy to start a new venture in India. Access to funding and mentorship remains a hurdle. In key parameters such as ease of doing business and R&D investment, there is scope for much […