To tap upbeat investor sentiment, three Small and Medium Enterprises (SMEs) – Nitiraj Engineers, Global Education and Tanvi Foods – will come out with their initial public offerings (IPOs) this Februrary to raise about Rs 39 crore. Besides, the initial share sale plan of Krishana Phos…
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MSME Ministry to come out with an app for small saloons: K K Jalan
The MSME Ministry is in the process of bringing out an App for small-time barbers for managing their customers’ data besides maintaining accounts, said a top official of the Ministry here today. “The Ministry is developing the app. We have already started the work. Barbers can send me…
Thank smartphones! Investors eyeing Indian gaming start-ups
The youth population of the world is hovering to become part of one of the world’s leading gaming sector. The mobile gaming industry is one of the fastest growing industries in the world. From the past few years, mobile games have become the entertainment of choice not only for young people…
SIDBI & MCCIA sign MoU to facilitate loans upto Rs 50 lakh to MSMEs
Pune: To make deeper inroads into MSME financing, the Small Industries and Development Bank of India (SIDBI) signed a memorandum of understanding (MoU) with the Mahratta Chambers of Commerce, Industries and Agriculture (MCCIA) to facilitate loans of up to Rs 50 lakh to member MSMEs on a preferent…
Foresight start-up ecosystem: Fintech conclave to be held at BSE from March 1 to 3
Chennai: There has been a lot of talk around fintech in the last few years. The demonetisation drive gave impetus to players in the banking and tech industry. In a bid to assess the ecosystem, talk about the future and look at the drivers of change in fintech, Zone Startups India is launching …
Pune start-up hub bucks funding slowdown trend in India: VCEdge Funding
Pune has bucked the funding slowdown and is one of the few startup hubs in India to buck the funding slowdown. In Maharashtra too, Pune has seen a 69% annual increase in startup funding deals and a jump of 35% in funding value with $52.5 million raised across 59 deals in 2016, according to VCCEdg…
Notebandi makes dent in brass business hammers workers
Moradabad: The constant clang of artisans’ wooden hammers and chisels shaping brassware in the bylanes of India’s brass city never disturbs anyone. But its absence did recently, when exporters ran out of cash to pay workers following demonetisation. The export industry, estimated to e…
Google in buyout talks with Indian start-ups and VC firms
Bengaluru | New Delhi: Google has begun exploratory talks with start-ups and venture capital investors in the country in what could lead to its first acquisition of an Indian company, according to three people directly aware of the matter. The world’s largest internet company is seeking to …
Recreating entrepreneurial glory: Business accelerator for start-ups opened in Coimbatore
Coimbatore: Urging youngsters to bring back the city’s glory in entrepreneurship, the Co-Founder and CEO of Naturals Salon, C K Kumaravel, on February 13 spoke about the need for executing an idea into a venture. He inaugurated a business accelerator- Innovspace in the city. Innovspace, con…
Mumbai start-ups see 44% decline in funding in one year, reveals data
Mumbai, which spawned a bunch of high-profile startups like Housing.com and attracted millions of dollars in investor capital over the past few years, registered a 44% decline in funding deals in 2016, even as Pune managed to buck the slowdown. Mumbai struggled as its startup epicenter Powai saw …