Intel India, Department of Science and Technology (DST) and IIT Bombay’s SINE, is launching a new a hardware startup incubator called Plugin to support hardware and systems-based startups through mentoring, training, lab facilities, hardware kits, prototyping, business services and funding.…
Start Up India
Drug-development startup striving efficacy in cancer treatment
Bengaluru-based Zumutor Biologics, a drug-development startup, has partnered with US-based global major Catalent Pharma Solutions and has completed a research study that can potentially lead to greater efficacy in the treatment of cancer. The successful completion of the study has led to a global…
Startup ‘We Do Sky’ develops platform to process raw images shot by drones
A Delhi-based startup has developed a platform that could process raw aerial images captured by drones to generate data that industry and government could put into use. “VisualAI, the platform developed by We Do Sky, tries to address a key challenge that most applications of drones face: difficul…
DST launches Rs 100 crore programme to support startups
The Department of Science and Technology (DST) has launched a Rs 100-crore programme to support startups. The programme, called National Initiative for Developing and Harnessing Innovations (NIDHI), is aimed at helping startups across the country in terms of both funding and incubation support. A…
Kerala startup receives Rs 1.8 cr funding from a Dubai based co
VST Travels, a startup at Kerala State Industrial Development Corporation (KSIDC) startup zone at Angamaly, has received Rs 1.8 crore in funding from Dubai-based Promatus Group. The funding will help the company to develop and market its application — VehicleST, through which the user can b…
Luxury Quotient India acquires fashion portal Elitify
Luxury Quotient India, a 100 per cent owned subsidiary of Luxury Quotient International, based in Toronto, Canada has acquired fashion portal Elitify.com. Elitify was launched in 2012 by Amit Rawal and Anahat Rawal. “We are very pleased to welcome Elitify.com’s team under the continue…
After Pune, Nashik is emerging as latest hub for tech startups in India
The Pandavleni Caves on the outskirts of Maharashtra’s Nashik offers a great view of the city. At a height of 300 ft above the rest of Nashik, this 2,000-year-old Buddhist monastery provides a bird’s-eye view of the urban sprawl growing around this ancient city of Hindu mythology. Rou…
Two more startups qualified for Startup India tax breaks
Two more startups have qualified for tax breaks as part of the Startup India programme, taking the total to 19. But even that is a very small figure considering over 800 start ups have applied under the scheme so far. The duo was picked at the third inter-ministerial board meeting on August 5 tha…
Startups welcome GST but wary of fine print
While there is a general buzz of approval over the passing of the GST Bill by the Upper House of the Indian Parliament, there are some murmurs of disquiet as well. The startup community has unanimously welcomed the decision of the legislators but there are certain provisions which have given caus…
InTandem advisors focusing on helping fintech firms, startups
Mumbai-based InTandem Advisors, an advisory firm launched by former Western Union Managing Director Anil Kapur, is focusing on enabling fintech players and other startups in the financial services space with business strategy, sales and distribution solutions. The startup, which launched its serv…