Dalberg Advisors, a social advisory firm and software industry think-tank iSpirt have joined hands to launch a venture pitch competition for early stage startups that will build on India Stack, a set of APIs released by the government, to build India-specific solutions. India Stack uses Aadhaar a…
Tag: IIM Ahmedabad
FORMCEPT raises Series A funding from GVFL Ltd
FORMCEPT Technologies and Solutions Pvt. Ltd., an incubatee of Centre for Innovation Incubation and Entrepreneurship (CIIE) – IIM Ahmedabad, on June 27 said it has raised an undisclosed amount of Series A funding from GVFL Ltd. Co-founded by Suresh Srinivasan and Anuj Kumar, FORMCEPT is a d…
More states join Startup India campaign; Here are the start-up policies of 15 states across India
In order to promote the startup culture in the country the central government had launched the Startup India campaign about a year ago. Now, influenced by the move, state governments have also started promoting the same across the country. While some have set up funds in the states, others are al…
India Innovation Growth Prog 2.0 to provide funding, incubation & business dev support to start-ups
Strengthening its commitment to foster innovation and entrepreneurship, the Department of Science and Technology jointly with the Lockheed Martin Corporation and Tata Trusts has recently launched the India Innovation Growth Programme (IIGP) 2.0. The programme that has been running since 2007, muc…
Speed hatching India Inc 2.0: What we can learn from Israel
In the 1990s, Israel faced a serious challenge. An influx of over a million ex-Soviet Jewish immigrants needed to be provided for, in rough economic times. The government of Israel launched the Technology Business Incubator Program. The goal was to arm the immigrants (who were mostly educated) wi…
Star India picks up stake in start-up Zapr
Mumbai: Television broadcaster Star India has picked up a minority stake in Bengaluru-based media-tech start-up Zapr Media Labs, which owns a proprietary technology that analyses television viewership with the help of audio recognition tool. Zapr has been looking to raise $8-10 million. Star Indi…
India Inc putting CSR money in start-up incubators
Companies like SAP, Tata Motors and Bajaj Electricals are investing in startups through government-affiliated incubators as a part of their mandatory corporate social responsibility (CSR) spending. Nearly a dozen companies have shown interest in spending CSR money in incubators at the IITs and II…