From young graduates to experienced professionals, from salaried employees to ambitious housewives, people from across the social spectrum are jumping onto the start-up bandwagon that has been sweeping India. And Odisha is no exception. Aspiring entrepreneurs, mostly young people, are displaying …
Start Up India
Startups Club to conduct 10 City Road Shows across India
Startups Club, a premier destination for early stage startups, today announced the kick-off of their year-long event, ‘Demo Day 2016’, across 10 cities. The event is likely to provide early stage startups with the opportunity to attend boot camps, meet investors, secure funding and win prize mone…
X5 retail to raise $10 million in first external funding round
X5 Retail, a Mumbai-based start-up that offers offline exhibition space in premium malls to emerging entrepreneurs, retailers and craftsmen, has initiated the process to raise between $9 million and $10 million (Rs 60 -Rs 66.7 crore) in its first external funding round, said Chief Executive Offic…
Start-Up India: Women entrepreneurs to bring change
The only way to remove inequality is by bringing more opportunities for women, department of industrial policy and promotion (DIPP) Secretary Amitabh Kant said, as the government gears up to unveil India’s first ‘Start-up’ initiative on January 16, In a Twitter chat on the subject of women entrep…
West Bengal unveils new start-up policy
To provide an enabling ecosystem to support and nurture startups in the state, the West Bengal Government launched the state startup policy at the Bengal Global Business Summit. The policy, a document with eight broad pointers comes complete with a preamble, a vision, the state’s mission, t…
Primarc iVenture to help start-up business
Kolkata-headquartered retail and realty player Primarc Group has now floated a new company called Primarc iVenture to nurture and foster business ideas and promote start-up ecosystem. Primarc iVenture will help start-ups by funding and guiding them to grow and carve their own success stories, wit…
Government should give 1-3 years of tax holiday under start-up plan
Government should provide 1-3 years of tax and compliance holiday for startups under its ambitious ‘Start Up India’ initiative, young entrepreneurs said. Prime Minister Narendra Modi will launch the programme on January 16 to benefit technology-centric startups in sectors like healthc…
TATA teleservices betting on custom software to boost enterprise revenue
Tata Teleservices (TTSL) is eyeing software products developed for specialised medium and small businesses to further boost its revenues from enterprises segment. “The enterprise segment contributes 30% to TTSL’s total revenues … and in the past 24 months the company has changed its strateg…
Pune start-up develops mobile app for SMEs
EPPS Infotech, a new-age start-up in the ERP (enterprise resource planning) business has launched its indigenously developed a mobile ERP platform solution for Small and Medium Enterprises (SMEs). It is targeting sales revenues of Rs 100 crore over the next three years. The Pune-based company has…
Reduce tax burden of start-ups: NASSCOM to FinMin
National Association of Software and Services Companies (NASSCOM) wants startup to be redefined and demanded tax sops for startups in the forthcoming general budget to be presented to Parliament by Finance Minister Arun Jaitely on February 29. In a pre-budget memorandum, NASSCOM demanded that st…