Patna: The state industries department has received over 30 startup proposals on October 24 evening after launching a website — www.biharstartupyatra.com — for inviting people interested in setting up ventures with government support. The proposals received so far include ideas for setting up pea…
Start Up India
60% of employed Indians aspire to be entrepreneurs: Survey
GoDaddy, the world’s largest technology provider dedicated to small businesses, released its ‘Future of Work’ survey, a global study that delves into entrepreneurial intent, attitudes and outlook when considering starting or running a small business. 60% of the approximately 1,200 respondents in …
Rs. 35 lakh subsidy for Dalit entrepreneurs under ‘Stand-Up India’
Dalit entrepreneurs in the State, who are being given loan of up to Rs. 1 crore each under Prime Minister Narendra Modi’s pet scheme, Stand Up India, will be provided a subsidy of up to Rs. 35 lakh by the Scheduled Castes Cooperative Finance Corporation, according to its Vice-Chairman and Managin…
SME scale IBEE Hosting gets $1 mn
IBEE Hosting will receive funding of 1 million dollars from investors XBT Holding to be spent across 3 years. The company will be spending these funds primarily for the development of their products and services and then for marketing activities. IBEE Hosting is a provider of enterprise dedicated…
Food-tech start-up Box8 raises Rs50 cr
Food technology start-up Box8 (Poncho Hospitality Pvt. Ltd) has raised Rs50 crore ($7.5 million) in a Series B funding round led by IIFL Seed Ventures Fund, a unit of IIFL Holdings Ltd, and existing investor Mayfield Fund, said two people aware of the development. Box8 was started by Indian Insti…
Six start-ups awarded at Vibrant Gujarat’s Start-up Grand Challenge
Ahmedabad: Government of Gujarat awarded six startups as it concluded the two-day Vibrant Gujarat Startup Summit with learning not only for the Startups participating from across the country but also for industry leaders, policy makers, investors, venture capitalists as well as students that plan…
Start-ups, MSMEs to be focus of Vibrant Gujarat Summit: CM
Ahmedabad: The upcoming edition of Vibrant Gujarat Summit (VGS) in January 2017 will lay emphasis on startups as well as micro, small and medium-enterprises (MSMEs), Gujarat Chief Minister Vijay Rupani said on October 21. “The state government has announced a startup policy to ensure that G…
Leveraging technology to create a Healthy India
If Santa Claus were a real phenomenon, he would have to carry bags full of health and fitness apps this season. Everyone knows someone who is building an app in this context, as there are more than 150,000 health and wellness apps today. If you step back and think about how new and young this [&h…
RBI relaxes foreign investment norms in start-ups & fin cos
The Reserve Bank of India (RBI) on October 20 relaxed foreign investment norms in financial services firms, startups and in investments by foreign regulated capital investors. The RBI has allowed 100% foreign investment through automatic route in financial services other than banks or insurance c…
Indian start-ups have come of age & building products for global audience: EU
The vibrant Indian startup ecosystem has matured enough with the growing number of entrepreneurs and investors along with support from industries and academia to take it to greater heights, Ambassador of European Union (EU) to India Tomasz Kozlowski said on October 20. Speaking at the Startup Eur…