eMERG (Engineering Manufacturer Entrepreneurs Resource Group) was established in 2006, when seven women from the fields of electronics, mechanical engineering, and manufacturing came together to equip women with skill capabilities that would help them join the industrial workforce. Of the seven f…
Start Up India
Plastic recycling startup Banyan Nation raises funds from Artha
Hyderabad-based plastic waste recycling company Banyan Nation has raised an additional capital of Rs 5.36 crore (USD 800,000) from Artha Capital as a part of the social enterprise technical assistance project run by the Global PE Firm KKR and Shujog – the not-for profit-initiative by Impact…
Expert sees bright scope for startups in pre, post-harvest technologies
Increased allocation to agriculture by 84 per cent and resolve to double income in five years will see lot of opportunities by technocrats and management graduates in startups in pre and post-harvesting technologies, says Executive Vice Chairman of Vizianagaram-based Vijaynagar Biotech Ltd and no…
Manufacturing sector to be next focus area for startups
In the line with the dominance of services sector that contributes about 53% to the gross domestic production of India, startups in this space outnumber their counterparts in manufacturing segment. But startup mentors feel that the time has come for their convergence. Girish Gupta, Chief Executiv…
MoMark raises Rs 4 Crore to strengthen its Mtech platform
MoMark Services, a mobile app-based customer engagement platform and mobile wallet aggregator, has raised a pre series-A funding of $600,000 (aroundRs 4 crore) led by YourNest Angel Fund. Kolkata-based LNB group also participated in the funding round. MoMark facilitates loyalty and analytics-led …
Start-up SBricks.com plans to expand its footprint in the south
SBricks.com, a tech-based start-up that offers on-demand services such as home cleaning, laundry and repairs, is planning to expand its footprint in Hyderabad, before expanding to other major cities in the South next year. The firm has opened three walk-in store services in three locations (aroun…
Jewellery duty may dim start-ups’ prospects
Finance Minister Arun Jaitley’s Budget announcements were in line with the expectations of most start-ups. It was an affirmation of what had been promised by Prime Minister Narendra Modi at the ‘Startup India’ initiative in January. However, the proposed one per cent excise duty on branded jewell…
Testbook raises funding from S Chand & Company
Edtech startup Testbook has raised an undisclosed amount of funding from education content provider, S Chand and Company. Founded by IIT alumni Narendra Agrawal and Ashutosh Kumar, Testbook focusses on online test preparation for competitive exams. The Mumbai-based startup aims to build a persona…
IAMAI welcomes companies act changes for startups
The Internet & Mobile Association of India (IAMAI) said that that the proposal for Amendment of Companies Act to register startups in one day is a welcome move, and it is a step towards ease of doing business in India. “The focus on leveraging technology to streamline distribution and t…
Ratan tata invests in home rental network NestAway
Tata Sons chairman emeritus Ratan Tata has invested an unspecified amount in NestAway Technologies Ltd, the leading home rental network firm said on February 28. “As a pioneer in home rental network, NestAway promotes furnished and managed apartments and provides them at affordable prices t…