India is a significant market for venture capitalists and private equities for placing investments in start-ups, a senior industry official said. “We see an average of USD 1 billion a year being invested in Indian start-ups by Singapore-based venture capitalists (VCs) and (private equities)…
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India plans roadshows for promoting textile exports to new markets
Plummeting textile exports have prompted India to look outside traditional markets and tap the ones being served by competitors such as China. The Textiles Ministry is planning to do roadshows to promote Indian textiles in the new markets, officials said. “We used to hold roadshows earlier and we…
Flea markets help smaller companies in Bengaluru
Bengaluru: Looking for that one-of a-kind handcrafted fun t-shirt for a price that is affordable? Then, head to one of the numerous flea markets or bazaars that are dotting the Bengaluru events calendar as festival season slips in. Flea markets have become a way of life for shoppers in Bengaluru …
DIPP proposes collateral free loan for start-ups under a ‘Credit Guarantee Scheme’
The Indian government lately shifted its focus upon nurturing startups which can generate jobs for the masses. The govt. has eased several processes related to the registration and initial operation of these companies. The GOI also set up a Rs. 10,000 crore ‘Fund of Funds for Startups’. Now, in a…
Banks or VCs; where should start-ups seek funds?
Startups have always yearned for VC funding and have been slightly unaware of the advantages of seeking the same money from government bodies. Dr. Som Singh, Founder and Trustee of Center for Entrepreneurial Excellence (CEE), spoke about the galore of advantages that startups can avail by partner…
Coursera eyes corporate learning market to boost revenues
Online education platform Coursera, which offers massive open online courses, specialised courses and online degrees, is looking at the corporate learning and development market to boost revenue. “We will soon announce a tie-up with a top Indian IT company… to reskill their existing softwar…
Entrepreneurs head to Uttar Pradesh for the National Start-up Fest
Poll-bound Uttar Pradesh has one more thing coming its way from the Centre — it has emerged as top contender to host the National Startup Fest. Originally planned to be held in Hyderabad, the industry department is now considering Uttar Pradesh as its preferred choice, with the industrial city of…
Indian start-ups to get Superbrands status
Superbrands, the coveted multinational brand endorser, will be endorsing the most significant start-up brands in this country. SuperStartUps, this project for new businesses in India, will also offer all the associated facilities like profilng of the firm in its annual book and to be able to use …
Tonbo Imaging to provide night vision to Peruvian Army
BENGALURU: Tonbo Imaging, a Bengaluru-based startup, has bagged a $100-million contract to manufacture and export ‘night-vision sights’ for guns to be sold by a US company to the Peruvian army. The device will be fitted on rifles supplied to Peru by US manufacturer Unified Weapon Systems (UWS). T…
Indian SMEs favour long-term ties with Chinese investors: Kalraj Mishra
NEW DELHI: Indian small and medium enterprises are seeking a long-term partnership with Chinese entrepreneurs and investors in IT, mobile components and auto ancillaries, said MSME Minister Kalraj Mishra in Guangzhou. India participated in the 13th China International Small and Medium Enterprises…