The Small Industries Development Bank of India (Sidbi) is set to review ten proposals from alternative investment funds seeking a commitment of Rs 675 crore from the Fund of Funds for Startups (FFS) announced by PM Modi in the Startup India Action Plan. Sidbi’s Venture Capital Investment Co…
News
#SuperSMEawards | MSME Minister Kalraj Mishra says recognition will fuel growth of SME sector
Union Micro, Small & Medium Minister, Kalraj Mishra has said that the small entrepreneurs across India deserve greater recognition for their stellar contribution to the Indian economy. Lauding the Super SME Award initiative launched by SMEpost.com, an exclusive digital media start-up to give …
Amendments in cyber act on cards with new encryption and privacy policies, says JS, deity
Department of Electronics and Information Technology (DEITY) is contemplating amendments to the existing Indian cyber laws to make them align with prevailing realities of modern times as well bring about new encryption and privacy policies to cater to evolving cyber space, according to its Joint …
Indian startups can tap North America with this contest
Friday, July 8: Mumbai based Zone start ups along with the Government of Ontario, Canada has launched ‘The Next BIG Idea’ contest. This is an opportunity for tech startups from India, to tap into the North American market. The contest selects 5 hi-tech, hi-potential startups at an early stage, an…
Retail consumer-focused online start-ups from India now expanding overseas
The retail consumer-focused online start-up companies from India are now expanding overseas and getting into markets where similar opportunities exist. The online companies from healthcare, financial services and education sectors after establishing their presence in India are now expanding into …
Nasscom opens internet of things start-up in Bangalore
The National Association of Software and Services Companies (Nasscom) has launched a Centre of Excellence — Internet of Things (CoE- IoT) at its start-ups warehouse in Bengaluru. The CoE will focus on leveraging IT strengths and creating a new age industry with the support of IoT-based ideas. Mul…
Cloud services high on Microsoft India priority list
Microsoft, the information technology multinational, is raising its focus on security, high-end computing applications and developer community building services on the cloud. Cloud computing is the term for using a network of remote servers, hosted on the internet, to store, manage and process da…
Policy initiative required for Indian app market to grow
Government policy needs to be aligned with the application development market in India so as to enable them to take a leadership position and maximize the revenue of this vertical. Currently, India is the world’s second largest user of applications and 2017-18, the country is expected to have the…
Mudra bank turns digital; launches mobile app
Micro Units Development & Refinance Agency (MUDRA), which was set up by the Government of India for developing and refinancing micro enterprise segment through lending institution which are in the business of lending to small / micro business entities engaged in manufacturing, trading, and se…
Gurugram to get industrial township from state govt
Gurugram, July 7: The Haryana government announced on Sunday that it would develop a new industrial township, spread in over 1,500 acres in Sohna and Manesar areas of Gurgaon, at a cost of USD 5 billion. An MoU regarding this was signed between the Haryana government and China Fortune Land Develo…