The government is considering encouraging start ups to produce electronic voting machines and paper trail equipment using latest technology provided the security aspect is cleared by the Election Commission. “There is a considered view in the government to encourage start ups to produce EVM…
Start Up India
UrDoorstep raises bridge round of Rs 3 crore from CP Murali
Jupiter Capital-backed online hypermarket UrDoorstep.com has raised a bridge round of Rs 3 crore from CP Murali, former President and Chief Operating Officer of telecom software-maker Aricent Technologies. The company incorporated in October, 2015, plans to cover 92 pincodes for Bengaluru city ov…
Gurgaon-based Skrilo secures seed funding of $1.5 million
Gurgaon-based Skrilo, a mobile marketing and rewards platform, has raised $1.5 million (about Rs 10 Crore) from angel investors including Livspace CEO Anuj Srivastava and Arvind Tiku, Chairman of AT Capital Group. The company will use the money for marketing its rewards program, developing new pr…
Next big thing in e-commerce, online grocery start-ups in India struggle
Once seen as the next big thing in online commerce, the euphoria surrounding e-grocery companies seem to have whittled. Online grocery start-ups such as LocalBanya, PepperTap and AAGAAR.com have already shut shop while Grofers continues to struggle to stay afloat, all of which point that the busi…
StartUp India: 16 entities incorporated, tax sops rejected for 2
Only 16 applicants have been incorporated under the Start Up India programme after April 1 this year making them eligible for tax sops out of which two have already been disallowed, Parliament was informed. A total of 728 applications have been received till July 18, 2016 for Start Up recognition…
Global hardware start-up accelerator eyeing India
HAX, the world’s largest hardware start-up accelerator, is scouting for investments in young firms in India, which have developed working prototypes in areas such as healthcare, consumer electronics, robotics and bionics. Benjamin Joffe, General Partner at the Shenzhen-based HAX said that he has …
Government to involve states to push startups
In order to give impetus to startups, the government will hold detailed discussions here with states and other stakeholders on July 23. The main aim of the day-long function is to share knowledge and best practices being followed by few states on promoting budding entrepreneurs, an official said.…
Paytm plans to invest in three-four start-ups in India
Paytm, mobile wallet and e-commerce marketplace, is expected to close three-four start-up funding deals this month as part of its investment programme from a corpus of $150-200 million fund which the company had started in 2015, Kiran Vasireddy, Senior Vice President at Paytm told. “Most of the s…
Kalraj Mishra inaugurates incubation cell at IIFT Delhi
Kalraj Mishra, Union Minister of MSME inaugurated Incubation Cell at at IIFT Delhi on July 18. Highlighting the initiatives taken by the government for uplifting the entrepreneurial spirit of youths in the country under Startup India, Standup India and Atal Innovation Mission, Mishra said that th…
Startup brings next generation of job interviews to India
The future of job interviews is here and it looks influenced by on-demand ride service Uber. The model, created by startup Monjin Interviews, is built around a video database and a platform where candidates meet interviewers purely on the basis of their skills. This is how it works: A candidate j…