Union Commerce and Industry Minister Nirmala Sitharaman has said that the younger generation should volunteer for more start-ups and assist in developing the country’s economy. In an interview in Berlin, Sitharaman said that market access strategies would be devised during the inter-governmental …
Tag: Information Technology
Challenge for start-ups to get funding: Kris Gopalakrishnan
Securing series C and beyond funding is a challenge for start-ups, information technology veteran and Infosys Co-Founder Kris Gopalakrishnan said as he called for a simple, orderly and fast-track mechanism to shut failed businesses. The start-ups scenario in India is pretty good but when those fi…
महिलाओं के स्टार्टअप्स के लिए एक अप्रैल से शुरू होगा नया प्रोग्राम
वूमेन एंटरप्रेन्योर्स के स्टार्टअप्स को फंडिंग, मेन्टरिंग और इन्क्यूबेशन सपोर्ट के लिए सरकार एक अप्रैल को प्रोग्राम लॉन्च करेगी। यह जानकारी इन्फॉर्मेशन टैक्नोलॉजी सेक्रेट्री अरुणा सुंदराजन ने दी। तैयारी पूरी उन्होंने बताया कि इसकी तैयारियां फाइनल स्टेज पर हैं। सरकार वूमेन एंटरप्रेन्…
Over 4k start-ups in India receive $1 bn investment in two years: Official
Bengaluru: Karnataka continues to lead the country in the Information Technology and Bio-Technology sectors, and over 4000 start-ups have received investments of $1 billion over the past two years, Karnataka Governor Vajubhai Vala said. In his customary address to the joint sitting of the state l…
Sundar Pichai to announce key initiatives for Indian SMEs today
New Delhi: Google’s India-born CEO Sundar Pichai will attend the small and medium enterprises (SMEs) programme on January 4, where he will announce some key initiatives for SMEs, as part of the tech giant’s efforts to bring more businesses online in the country. Information Technology…
Common Service Centres to help entrepreneurs in making LED bulbs
Soon Common Service Centres (CSCs) will help entrepreneurs interested in making LED bulbs by providing them with assembly kits. CSCs, till now were being utilised for booking railway tickets, providing Aadhaar numbers and passport applications. The government is proposing to provide LED kits to C…
Japanese team explores biz opportunities in Sikkim
A Japanese team met Sikkim Chief Minister Pawan Chamling here to explore investment opportunities in the state including for manufacturing units for drones and robotics in the initial phase. The delegation during the meeting informed the Chief Minister that the environment in the state is very co…
Karnataka gets large firms to help start-ups
The Karnataka government has IBM, Amazon Web Services and Airtel to subsidise services to start-ups registered with it. Start-ups registered with the state government have access to accelerators and funding, cloud credits, discounted Internet subscription, software debugging tools, and payment ga…
Karnataka’s new startup policy to reimburse service tax
Janaki Shantharam, Founder of tech-enabled placement services firm Dexter Talent Labs in Bengaluru, is happy that Karnataka, under its startup policy, reimburses service tax paid by emerging companies. She paid service tax last year but has been trying to figure how to get it reimbursed from the …
Among MSMEs, services sector outpaces manufacturing
CRISIL’s analysis of the performance of 4,000 Micro, Small, and Medium Enterprises (MSMEs) between FY 2013 and FY 2015 shows the growth of the services sector handily outpacing the manufacturing sector. While the services sector grew at a Compound Annual Growth Rate (CAGR) of 20 per cent, d…