Jaipur: Projecting Rajasthan on growth trajectory, Chief Minister Vasundhara Raje said the state capital is emerging as the next destination for startups for which the government is providing supporting environment. “Bangalore (now Bengaluru) is a great place for startups but Jaipur is next…
Start Up India
Gujarat rolls out Rs 200 cr fund for student start-ups
Ahmedabad: Gujarat government has come up with India’s first student startup and innovation policy, which aims to provide Rs 200 crore in the form of grants to ideas developed by them. The policy aims to support over 1,000 innovation per year and create pre-incubation support in all univers…
Airbus Bizlab selects 6 Indian start-ups for 2nd accelerator batch
Bizlab, European plane-maker Airbus’ aerospace business accelerator, has selected six Indian companies for the second season of its programme in Bengaluru. The company started the initiative in March 2015 and has facilities in Toulouse and Hamburg, apart from Bengaluru. A total of 137 appli…
Venture Catalysts to invest Rs 75 cr on seed stage start-ups this year
While 2016 saw a distinct drop in funding and the deal sizes, Venture Catalysts invested around Rs 30 crore in early stage startups in its year of inception 2016. The firm which plans to add another 1000 angel investors in the company this year, will be looking to invest around Rs 60-75 crore acr…
Siliguri’s ‘Momo on Wheels’ set to roll globally
Kolkata: Entrepreneur Debayan Biswas, with only Rs 1.5 lakh in hand, started his street food business specializing in momos in 2015. Named ‘Momo on Wheels’, the food chain became wildly successful and is now poised to enter the international market. Debayan is now in talks with retail…
News Corp-backed realty portal PropTiger.com merges with Housing.com
News Corp-backed real estate marketing platform PropTiger said that it has acquired Mumbai-based Housing.com in an all-stock deal. News agency Reuters reported that digital real estate advertising firm REA Group has acquired 14.7% strategic stake in PropTiger. Rea Group’s stake will be acquired f…
Fintech start-ups can lead the way to India’s financial inclusion
India is changing into an effervescent ecosystem offering fintech lending start-ups a platform to potentially grow into billion-dollar unicorns. Although relatively young at present, the sector is escalating rapidly, fueled by the large innovation-driven start-up landscape, and responsive governm…
Software products firm Zoho pumps $10 mn in 5 start-ups
Bengaluru: Software products firm Zoho has invested nearly $10 million in five startups, including machine-vision company Zentron Labs and medical devices maker vTitan, to help the founders during the research and development phase. Zoho, which builds products for enterprise data management and i…
NRIs to help start-ups link with Silicon Valley
Bengaluru: The Kannadiga NRIs from the Silicon Valley are on a mission to bridge the gap between angel funding and mentoring to ensure startups in Karnataka get the much needed push. The Association of Kannada Kootas of America (AKKA) has put forward a proposal for crossborder entrepreneurship as…
Fourth edition of Maker Fest kicks off
Ahmedabad: Fourth edition of Indian version of ‘Maker Fest’, a fest launched in 2006 in USA showcasing community friendly products, was inaugurated. Called ‘Maker Fest’ in India, 150 makers and 25 start-ups would be displaying their innovations at the event, the organisers…