Weavers of Banaras will showcase traditional weaving craft during the Make in India week in Mumbai beginning February 13. ‘Weaves of Banaras’, a special theme during ‘Make in India’ week, will exhibit the world famous craft and spirited skills of weavers of the city. Department of Industrial Poli…
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Linkage of fashion with handlooms & handicrafts would be beneficial | Santosh Kumar Gangwar
People in all corners of the globe should proudly ask for “Made in India” Handicrafts: this is the dream that the Textiles Minister Santosh Kumar Gangwar laid out before the members of the Parliamentary Consultative Committee of Ministry of Textiles, held at NIFT, Hyderabad on the eve of the inau…
TESCO keen to work with Indian start-up ecosystem
Edmmond Mesrobian, chief technology officer of UK retail giant Tesco, believes the Indian start-up system is an untapped opportunity and the company is keen for partnerships. Tesco globally has been working with start-ups in the US and the UK, and with the recent surge, the retail players wants t…
Indulge beverages raises $1 million in Angel Funding
Delhi-based Indulge Beverages brand Bonhomia has raised $1 million in angel funding from HNI’s lead by Alok Rawat, President of FGWilson and an early investor in Grey Orange Robotics as well as Neeta Mirchandani from Kae Capital and Kanwaljit Singh, the founder of Fireside Ventures among ot…
ActonMagic raises a seed fund of around Rs 85 lakhs
ActOnMagic, a cloud management startup, has raised a seed fund of around Rs 85 lakhs, led by NetMagic’s Co-Founder Jayabalan Subramanian. The money will be used to scale the product engineering team and sales efforts in India. We are happy to lose the “Bootstrappers” tag to help…
Stanford GSB looks to set up seed to support SMEs in India
Targeted at the Small and Medium Enterprises (SMEs) and with the intent of ending the cycle of poverty in developing economies, The Stanford Graduate School of Business (GSB) on Thursday said it is keen on setting up The Stanford Institute for Innovation in Developing Economies (Stanford Seed) in…
India Handloom Brand Goes Online
Government is committed to raise the market positioning of handloom products: Textiles Secretary February 11, 2106 | The integrated website of ‘India Handloom’ Brand www.indiahandloombrand.gov.in was launched today by Rashmi Verma, Secretary to Government of India, Ministry of Textiles. The websi…
Facebook to train up MSMEs
Uttar Pradesh, home to an estimated 3 million Micro, Small and Medium Enterprises (MSMEs), is the newest hunting ground for online social networking giant Facebook, in India. In a one-of-its-kind initiative, Facebook and the UP government have got together to launch the ‘Boost your business’ prog…
Amazon India-Capital First tie-up to offer loans to SMEs
Much on the lines of its competitors, e-commerce giant Amazon Seller Services on February 8 launched a seller lending programme in India, enabling small & medium businesses on its platform to get working capital loans ranging from Rs 5 lakh to Rs 2 crore. Amazon has partnered with Capital Fir…
Manufacturing, Skill India to get a leg-up
Finance Minister Arun Jaitley in his upcoming budget speech is expected to address issues plaguing the manufacturing sector, announce measures to curb pollution and give a fresh push to the Skill India programme. Jaitley recently talked about the need to “to put our house in order” so as to help …