KSIDC has seed-funded close to 50 start-ups across 17 sectors in Kerala since 2015, now looks to potential investors to scale operations
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Tag: fintech
NRIs to set up start-up hub in Gujarat
Gujarati-origin entrepreneurs across the world will set up a research and innovation centre in Gujarat for startups not just from the state but across the country and abroad. Entrepreneurs who assembled in Ahmedabad for a national startup pitching event on July 28 said the modern technology-based…
‘GST is a key catalyst for India’s fintech revolution’
Indian businesses have used a pen-and-paper mechanism for keeping records for over 60 years now, and GST has toppled the proverbial apple cart in a big way. Small businesses who have never used an invoicing or return-filing software before now have to use digital solutions.
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‘Govt should lend support & lower barriers for start-ups’
Startup India policy will in a way help Indian firms find easier to commercialise channels globally but these businesses need lot of hand holding and funding. Government should lower administrative and regulatory barriers, says an expert Israeli startup hubs builder. According to Tal Catran, who …
Maharashtra CM inaugurates fintech start-up accelerator ISME Ace
Indian School of Management and Entrepreneurship (ISME) Ace, India’s largest FinTech Accelerator Program, was inaugurated by Maharashtra Chief Minister Devendra Fadnavis. The program is managed by the Three Sisters Institutional Office. The specialised accelerator programme was launched in Mumbai…
Investors stay bullish on fintech bandwagon
Deal activity in the financial services technology (fintech) space continues to remain strong, with start-ups announcing a fund-raise every second week. Since 2012, investors have pumped about $2.35 billion (Rs 15,000 crore) into fintech firms in 325 deals, says data platform VCCEdge. The bulk we…
‘Another industry Amazon plans to crush is small-business lending’
Amazon will mark its 22nd year in business this summer. During this period, the e-commerce site has transformed retail. Today it announced the purchase of Whole Foods for $13.7 billion. The company took advantage of technology, used an aggressive growth strategy and disrupted the entire ind…
Rubique launches TAB solution to make financing simple for MSMEs
For MSMEs, raising capital so far has been a herculean task with all the tedious paperwork, evaluation of credit history and high rejection rates due to various reasons. But, things are now set to change as the leading fintech player Rubique is making a strong headway in the country’s lendi…
‘Blockchain-based loans may rescue SMEs without other funding options’
The strength of every nation’s economy is usually a direct reflection of the viability of the small and medium scale enterprise (SME) sector. The impact of SMEs on the Gross Domestic Product (GDP) of nations cannot be over-emphasized. In most cases, especially developing countries, SMEs account f…
Sundaram Finance to invest in Gyan-Dhan
Six-decades old Sundaram Finance Group, known for its conservative business model, opens its purse strings to invest in Delhi-based fintech start up Gyan-Dhan. The investment amount and stake in the startup were not disclosed. Gyan Dhan, promoted by IIT alumni and is an online market place for ed…