With disruptive technology, BlackBuck is trying to redefine the business-to-business logistics landscape in India. This Bengaluru-based startup has created an online marketplace for inter-city freight services and has already made a mark. The startup, which is little over a year now, has attracte…
Start Up India
SEBI proposes relaxed norms for start-up listing
To encourage listing of start-ups, the Securities and Exchange Board of India (Sebi) on July 29 proposed an easier framework that allows more investor categories, relaxed shareholding norms and reduced trading lot amount. In this regard, the markets regulator has mooted changes to the framework o…
Livspace opens the door to design entrepreneurs
Online home-design and furnishings marketplace Livspace is looking to create 30,000 design entrepreneurs in India over the next 18-24 months. To do this, the start-up, which brings together home-owners and designers on its marketplace, has launched a Home Design Automation Platform for designers,…
CII to hold bootcamps to support start-ups
Realising the need to encourage start-ups in a big way, Confederation of Indian Industry (CII), Southern Region has decided to hold bootcamps at select educational institutes and offer handholding to those launching startups. “We will encourage out-of-the box ideas, research and innovation on the…
Start-ups seek easier access to tax benefits
At a meeting with Commerce Minister Nirmala Sitharaman on July 28, a number of start-up enterprises asked for easier access to tax benefits and more incubation facilities, among others. The Minister later told journalists that issues such as government funding and online selling of prescription d…
Faircent acclaimed ‘Breakthrough Brand’ by Interbrand
Faircent.com, India’s largest peer to peer lending marketplace has been acclaimed as the ‘Interbrand Breakthrough Brand in Finance’ by Interbrand. The inaugural Breakthrough Brands report is in partnership with Facebook, Ready Set Rocket and the New York Stock Exchange (NYSE). Faircent.com is the…
Byndr raises Rs 4.7 crore in seed funding from Education Design Studio
Byndr, a mobile-based learning management platform, has raised $700,000, or about Rs 4.7 crore, in seed funding from the Education Design Studio, an ed-tech accelerator at the University of Pennsylvania, Ben Franklin Technology Partners, and a group of angel investors. The Hyderabad and Philadelp…
Tea retail chain startup Chai Point set to introduce IoT-enabled tea dispensing machines
Tea retail chain startup Chai Point is set to introduce IoT-enabled tea dispensing machines to corporate offices as the next step towards serving its product to office employees. “The company already has about 1000 semi-automatic dispensers across 100 companies, and the new product, called boxC, …
DIPP to coordinate Amazon’s training programme launchpad for entrepreneurs
Ecommerce major Amazon will provide its “Launchpad” services to startups and train them in marketing products as part of government’s plan to bring its expertise to Indian startups. The Department of Industrial Policy and Promotion (DIPP) will act as a coordinator and help organ…
India has around 2500 enterprises being started per day | Study
The immense opportunity presented by the large number of consumers in India has led to 2100 – 2500 enterprises being started in India per day and between 750-800 getting out of business or becoming dormant, as per a survey conducted by the India SME Forum and researched by SDRC India Adviso…