Israel and Haryana explored possibilities of mutual cooperation in the areas of treatment of effluents, security, cyber security and start-ups and development of smart cities. Talks in this regard were held during the first meeting of the Israel-Haryana Joint Working Group, presided over by Harya…
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Skill development centre on coir soon
A skill development centre for finishing works on coir products will be started in Alappuzha district soon. Efforts are under way to launch the centre within a month or so, Minister for Finance and Coir T.M. Thomas Isaac said here on September 21. He was inaugurating an office of Coir Mark of the…
India ranks 3rd in tech start-up exits
A couple of years ago, there were worries that India wasn’t seeing too many exits of startups through mergers & acquisitions (M&As) or IPOs. But in the first six months of 2016, India saw the third highest tech startup exits, according to US startup database CB Insights. The US led …
Xiaomi to bring crowdfunding platform to India
Chinese tech firm Xiaomi may soon bring its ‘crowdfunding’ platform to India that will help start-ups working on consumer electronics to sell their wares through the medium. In China, Xiaomi runs a crowdfunding platform where hardware start-ups submit their products and consumers can book them, h…
Start-up success: Does the city matter?
Mumbai-based companies had the highest success rate in terms of raising a follow-on round or providing an exit to its existing investor. Mumbai start-ups also showed a healthy mix of sectors being funded—be it B2C, B2B, enterprise software, financial technology, etc. Mumbai companies which raised…
WASME joins AP Med Tech Zone as industry facilitator
World Association for Small and Medium Enterprises (WASME) has entered into a strategic collaboration with Andhra Pradesh MedTech Zone (AMTZ) as an industry facilitator at Visakhapatnam. This facilitation desk at AMTZ would be a one stop shop for all queries of members of WASME. Such strategic as…
Tolexo introduces pre-approved credit for SME customers
Online B2B marketplace Tolexo has introduced pre-approved credit for its SME customers. The company has tied up with Arthashastra Fintech to provide the credit facility to its customers. Brijesh Agrawal, CEO, Tolexo said, “The unique payment solution will also facilitate the buyers by featu…
Jharkhand signs 8 MoUs for development of textile, IT & other sectors
Launching a road show named ‘Momentum Jharkhand’ in Mumbai, the Jharkhand government signed eight MoUs with different companies in the western metropolis. The state has signed Memorandum of Understanding (MoU) with Orient Craft Limited in the textile sector worth Rs 1,500 crore for co…
TN unveils new schemes for handloom, textile, khadi industries
Chief Minister of Tamil Nadu J Jayalalithaa has unveiled new schemes for handloom, handicraft, textile and khadi industries. She said the six cooperative mills in the State, modernised at 175.23 crore, manufacture threads for the government’s free dhoti and saree scheme and free uniform scheme to…
T-Hub to invite & encourage start-ups for UberExchange programme
Taxi-hailing app Uber signed a pact with technology startup incubator T-Hub, set up by Telangana government, for UberExchange programme. As part of the deal, T-Hub will be leveraging its expertise in shortlisting 20 start-ups through existing network of both the organisations, according to Eric A…