Gaurav Hinduja and Sashank Rishyasringa hardly came from the domain they were trying to revolutionise – online lending. “But we were both excited to come back to India to start a business which did three things – had an impact on the environment for entrepreneurs within the country, leveraged tec…
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Dr Jitendra Singh discusses Northeast tourism, trade promotion with top Industry leaders
The Union Minister of State (Independent Charge) Development of North-Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr Jitendra Singh held a meeting at Mumbai with some of the top Industry leaders to discuss ways and means of promoting tour…
Booming Indian start-up industry fails to fill policy void
More than 120 startups have been created by former employees of online shopping portal Flipkart and 36 by ex-employees of its subsidiary Myntra, according to the Tracxn database. The Flipkart economy of 156 startups is a microcosm of the local ecommerce ecosystem that has bloomed in less than 10 …
AEPC Export Awards for excellence in apparel sector presented by Smriti Irani
The Union Textiles Minister, Smriti Zubin Irani presented the AEPC Export Awards, 2015-2016. The awards were presented in twenty two categories. Speaking on the occasion the Union Minister of Textile, Smriti Zubin Irani, said that we will do our utmost within our constitutional framework to stren…
B2B start-ups surpass over B2C peers
As startup ecosystem is maturing in India, the number of B2B startups is increasing when compared to B2C startups. Mentors, investors and startup experts observe that the increase in B2B startups is a sign of startups getting more focused and serious, which is a healthy sign. “Many youngsters ven…
Open environments tend to breed the best competitors says Google’s Rajan Anandan
Some of India’s most successful entrepreneurs may be seeking protectionist measures and competitive advantage over foreign rivals operating in the country in the form of local government regulation, but Google’s go-to person in India Rajan Anandan cuts across the popular narrative wit…
Starting up just to make money is the wrong reason for start-ups: Panellists at IIMBue 2016 Summit
Starting up just to make money is the wrong reason for start-ups, said panellists at IIMBue 2016 – summit hosted by the Alumni Association of IIM Bangalore. Participating in the panel discussion on ‘Un-Tabooing of Wealth’ by Kunal Shah, Founder & Chairman, FreeCharge; Aprameya Radhakris…
Free markets are important for every economy: SoftBank MD
Free markets are important for every economy as it allows consumers to have enough choices and the only thing required in a country is to have a level playing field, said Deep Nishar, Managing Director, SoftBank Group. He also added that Indians should not be worried about other people ‘eating ou…
Digital payment start-ups unaware of high security risks: FireEye
As India embraces a cashless economy, there has been a sudden spurt in new mobile wallet companies — but most of these start-ups are setting up digital shops without knowing the cyber risks involved, a top executive from US-based cyber security firm FireEye has emphasised. This is a dangerous tre…
Demonetisation Effect: Agra leather industry facing hard times
The leather industry in city has been hit hard by the government’s sudden withdrawal of high-value currency with labourers not getting their wages and manufacturers having no money to buy raw material. Prime Minister Narendra Modi dropped a bombshell on November 8 by abolishing Rs. 500 and Rs. …