India plans to establish a high-level, inter-ministerial panel that will act as the fulcrum of the Modi government’s plan to create an ecosystem to nurture innovation. The panel will evaluate startup proposals to see if they qualify for incentives. Modi is planning a big-bang announcement d…
Start Up India
Start ups offering competitive packages for placement at IIIT-H
The ongoing placement process at the International Institute of Information Technology, Hyderabad (IIIT-H), is marked by the increased presence of start-ups, which are willing to offer competitive packages as compared to big recruiters. This comes on the heels of a growing interest in campus plac…
Nadella seeks ideas from start-ups to connect rural India
Microsoft is interested in working with Indian entrepreneurs to connect rural areas with technology and new economy, Chief Executive Officer Satya Nadella said on Monday. Nadella, who was on a four-day personal visit to Hyderabad to attend a family function, visited T-Hub, an incubation facility …
Start-ups to rely on bridge rounds to tide over fund crunch
When the founders of angel-funded healthcare start-up Medd set out to raise institutional capital from Venture Capital (VC) funds in June, the tide had turned. The start-up ecosystem was showing signs of trouble, with large start-ups such as Housing, TinyOwl and others laying off employees and st…
Startups join hands to provide dine-in facility
Sneha Arya discovered Blue Apron, when she was studying in the US. She had heard about it on a niche broadcasting medium. The idea is simple: Order high-quality food but cook it yourself. Sounds difficult? Not really. Blue Apron sends consumers all ingredients needed to make a meal in the right p…
Indian SMEs are second to none; have to be recognized as brands | Anup Pujari | Secretary, MSME Ministry
‘State governments also need to enforce 20% procurement quota for SME sector’ The Indian small and medium enterprises are second to none but they have to sustain standards and be recognized as brands to reckon with, says MSME Secretary Anup Pujari in an exclusive sit down interview with SMEpost.…
Start-up India has Rs 930-crore legs to stand on
The government’s `Startup India, Stand Up India’ programme seems to be gaining some momentum, with the Small Industries Development Bank of India (Sidbi) clearing Rs 930 crore from the Rs 2,000-crore fund-of-funds it launched in August to support venture capital funds. Sidbi’s I…
CYANOGEN to expand in India, buy start-ups
Cyanogen, which has developed an open-source mobile operating system, plans to expand aggressively in India to tap the opportunities offered by the world’s fastest growing Smartphone market. The US-based company is also evaluating possibilities to invest in or acquire startups to strengthen…
Bengaluru start-up prints 3-D liver tissue
A Bengaluru-based biotech start-up, Pandorum Technologies, has become the first Indian firm to develop artificial living tissue, which performs the function of a human liver, and can lead to affordable, full-scale transplant able organs in few a years. These 3-D printed tissues, with reduced anim…
Investors are now appointing their own entrepreneurs
The practice of entrepreneurs looking for investors is passé. Now investors are appointing their own entrepreneurs. Taking a cue from a rapidly growing trend in the Silicon Valley, a few Indian venture builders, such as Mumbai-based Sparknext and T-labs, are looking for people who have the qualit…