Asia’s largest start-up expo, World Start-up Expo confirmed their partnership with Nasscom’s startup-based initiative – 10,000 startups program. The partner event will take place in Bengaluru from 21 – 23 November 2016 at the Bangalore International Exhibition Centre (BIEC). World Start-up Expo …
Start Up India
Soft landing program launched by Zone Start-ups to work with international start-ups
Zone Start-ups has launched Gateway 91, a soft landing program to work with international start-ups and growth stage companies looking to access the Indian market. Canadian Minister of innovation, science and economic development Navdeep Bains announced the creation of the new soft landing progra…
Banking, retail, healthcare top adopters of start-up tech: Report
Banking, retail, and healthcare are the top adopters of start-up technologies based on their growth potential, willingness to adopt start-up solutions, and availability of such complex solutions locally, a recent report has said. “Driven by optimisation, banking, retail and healthcare are t…
IFMR Capital raises $25 mn from Eight Roads Ventures
IFMR Capital, which helps financial institutions serving poor people raise funds, has received $25 million in funding from Eight Roads Ventures, the proprietary investment arm of Fidelity International Ltd. This is Chennai-based IFMR Capital’s second round of institutional funding. The company ra…
Donald’s triumph is good for Indian start-ups
Depending on which side of the Atlantic you’re on, you can’t ignore the fact that today is also 9/11 and some worlds have come crashing down: Donald Trump has charged ahead of Hilary Clinton and Narendra Modi has stunned India by demonetising Rs 1000 and Rs 500 currency notes overnigh…
Currency Ban Impact | Start-ups & vendors keeping customers happy
While other vendors kept panicking off the hook and instructed food delivery boys not to deal with cash as early as 7pm on November 8 night, Box8 welcomed notes of all shapes and sizes. In a more the merrier attitude, Box8, a food tech startup managed to assuage people’s fears and rake in …
Currency Ban Impact | Professionals scramble to micro loan start-ups
At 11pm on November 8 night, Akshay Mehrotra, Co-Founder, EarlySalary, was biting his nails, looking at almost 90% of his 2000 users borrowing money from his platform in a click. Within 9 hours into November 9, EarlySalary had exhausted their loan limits. At Cashe, repeat and new users have borro…
Fintech start-ups anticipate rise in borrower data since many SMEs will be forced to transact online
Bengaluru: Financial-technology startups are anticipating a rush of users as the government restricts the flow of money to check corruption, including from among the likes of drivers and store-keepers, for many of whom banks remain alien territory. One likely impact of the government’s decision N…
Currency Ban Impact | Paytm & others jump over the idea, markets affected
New Delhi: While citizens across the country went into a panic mode with the government demonetising Rs 500 and Rs 1000 notes, various quick-thinking brands tried to encash the opportunity and rolled out offers luring people to use plastic money even as popular markets such as Khan Market and Con…
Currency Ban Impact | Start-ups encouraging online transactions, gaining new customers
Even if temporary, markets wore a deserted look today across India as high value cash in hand became just a paper overnight for Indian citizens. Modi’s surgical strike on black money has had an impact on traders and parallel economy who used to deal only in cash, especially in India’s…