Noting that every start-up has to face a ‘valley of death’ as returns from innovation processes are skewed, President Pranab Mukherjee said new-age financing options like angel investors, venture capitalists and crowd funding can meet the special needs of such projects in the formativ…
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97% Start-Ups to go on a hiring spree this year | Report
Over 90 per cent of start-ups will go on a hiring spree this year, with 28 per cent of the jobs being allocated to strengthening their technology teams, a report released by InnoVen Capital said. “More than 5,000 jobs are expected to be created by 130 start-ups in the next 12 months,”…
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…