The government will kick-start the “Start-Up India, Stand-Up India” initiative with Prime Minister Narendra Modi unveiling the Start-up Action Plan on January 16. This will be a government’s New Year gift to “young people” who want to set up new businesses or innovative projects, highlighting th…
Start Up India
Primarc group sets up venture capital fund for start-ups
Kolkata-based Primarc Group, which is into real estate and retailing, has set up a venture capital fund targeting start-ups. According to Sidharth Pansari, Director, Primarc Group, the fund – Primarc iVenture – will look to fund start-ups at an angel stage or even at advanced ones. “In the angel …
SBI to set up special branch for start-ups in Bengaluru
The nascent yet burgeoning start-up ecosystem has caught the attention of SBI. The country’s largest bank will soon set up a first-of-its-kind branch to cater exclusively to the growing banking needs of start-ups. The bank has zeroed in on Bengaluru, the so-called Silicon Valley of India, for set…
Consolidation of start-ups to be key in 2016
Consolidation and customer experience are expected to be the buzzwords for startups this year as entrepreneurs focus on bringing in innovation across sectors like education, healthcare and financial inclusion. Consolidation is a natural progression, but one can expect more big scale consolidation…
Leveraging technology to encourage children to play
MadRat Games, a gaming startup backed by the founders of Flipkart and Snapdeal, has developed an interactive suit designed to encourage children to venture out and play even within the restrictive confines of housing complexes. The SuperSuit, which will be launched at the Consumer Electronics Sho…
WOW Momo gears up to become India’s McDonald
From a one-outlet brand to a 50-outlet pan-India chain, “Wow! Momo” certainly seems to be making it big in the restaurant brand space. Started by two college buddies even before coming out of the college, ‘WOW Momo’ now has 50 outlets across Kolkata, Chennai, Pune, Bangalo…
Yuvi begins new innings in Housing.com’s new venture
Indian cricket legend Yuvraj Singh begins new innings by investing in a new startup promoted by Rahul Yadav who shot into fame for his Housing.com from which he exited few months back. Yuvraj Singh promoted venture capital fund You WeCan will provide seed investment in Intelligent Interfaces whi…
Venture Catalysts join hands with Plug & Play to help startups
Local seed investment and innovation platform Venture Catalysts has partnered with global incubator and seed fund Plug & Play International to help Indian startups get exposure to Silicon Valley entrepreneurs and investors. To begin with, they will send two Indian startups working on artifici…
Nine startups join hands for an open net
Nine startup founders, including Zomato’s Deepinder Goyal, Paytm’s Vijay Shekhar Sharma, Mouthshut.com’s Faisal Farooqui and GoQii’s Vishal Gondal on Tuesday made a submission to the telecom regulator on the ongoing differential pricing paper consultation, urging it to pre…
Indian start-ups raised $5.5 billion (Rs 36,000 crore) during 2015 |VCCEdge
Indian start-ups raised $5.5 billion (Rs 36,000 crore) from Venture Capital (VC) firms and angel investors in 1,096 deals during 2015, as they looked to participate in the country’s economic growth story, according to VCCEdge, the research arm of online publisher VCCircle that tracks start-up fun…