The City Government of Shenzhen, China has brought to India the first ever China (Shenzhen) Innovation and Entrepreneurship International Competition. Touted as the biggest prize in startup competitions of its kind, the largest prize money for innovation and startup ideas will fetch the winner RM…
Tag: Indian start-ups
Consolidation is the way ahead for Indian start-ups, say entrepreneurs
With a number of startups, some big names from food tech, shutting shop and over 100 getting snapped up in mergers and acquisitons, the theme at a panel discussion at International Management Institute (IMI), New Delhi, for its startup summit Emerge was apt: Is consolidation of startups a sign of…
Here’s why 2017 will be an interesting year for Indian start-ups
Even as 2016 comes to a close, startups are hopeful that the New Year will bring in some joy. The last two months of 2016, have been a dampener for the Indian startup ecosystem in hyper-local, food tech, software and investment domains. While grocery e-tailing and payment wallets have gained this…
Tough time for Indian start-ups
As 2016 draws to a close, Flipkart, the country’s most valuable internet start-up, is courting the dividing line between success and failure. It once commanded an eye-popping $15 billion valuation, but repeated markdowns threaten to push it down. Marquee investors like Morgan Stanley and Vanguard…
Indian start-ups call for a level playing field against global peers: Flipkart co-founder
Bengaluru: India needs to create a level-playing field for start-ups to compete effectively against global companies with significantly larger capital, said Sachin Bansal, Co-Founder Flipkart Ltd, and Bhavish Aggarwal, Co-Founder Ola (run by ANI Technologies Pvt. Ltd). “There’s a fair way to comp…
Start-ups to see turnaround in 1-2 years: Gopalakrishnan
Funding challenges being faced by Indian start-ups is a “temporary phenomenon” and the sector is expected to turnaround in 1-2 years, IT industry veteran Senapathy Gopalakrishnan said. “A significant number of new companies are in the early stage. Funding is lot more challenging…