Former Infosys Chief Executive and Co-Founder of Bengaluru-based Axilor Ventures, S D Shibulal said start-ups in the health care and biotech sectors “do not have a proper platform or framework to do high-end testing and lack adequate avenues to collaborate with hospitals”. “In health care, the ri…
Tag: Infosys
How online start-ups are reshaping the informal jobs sector in India
For Bharathi, a Class X pass woman with two kids, life has been tough. The Bengaluru based cook would often start work at 7.30 am and not wrap up before 8 pm, with a two-hour afternoon break. Living near the factory of Bharat Earth Movers Ltd, she would work at seven houses in the neighbourhood, …
Donald’s triumph is good for Indian start-ups
Depending on which side of the Atlantic you’re on, you can’t ignore the fact that today is also 9/11 and some worlds have come crashing down: Donald Trump has charged ahead of Hilary Clinton and Narendra Modi has stunned India by demonetising Rs 1000 and Rs 500 currency notes overnigh…
Global investors scout Indian startups for next Infosys, Wipro
Bengaluru: Brimming software talent, globally viable products and lower production costs are increasingly attracting global investors to help Indian software-as-a-service (SaaS) startups in the hope of discovering a new generation Infosys or Wipro. Of the 82 Indian SaaS companies that received in…
MP plans crystal IT park-II for start-ups
Bhopal: With a view to attracting more IT companies in the state and provide space for offices and other purpose, state will soon expand its existing ‘Crystal IT park’ in Indore. “It would be a new IT park where we will offer more space to the existing and potential investors,&#…
Eye on start-ups: IIMB has cutting-edge lessons in entrepreneurship for company founders
Rajiv Srivatsa, Co-Founder and Chief Operating Officer of online furniture retailer Urban Ladder, holds an MBA degree from the prestigious Indian Institute of Management Bangalore. Part of the institute’s 2002-2004 batch of approximately 200 students, Srivatsa was awarded the gold medal as the be…
Unlocking the real value of India’s start-up ecosystem
The story of Indian start-ups is not just limited to the current century; in fact it began over four decades ago. Through the 1980s, a handful of pioneering IT services companies, including the likes of Tata Consultancy Services, Infosys and Wipro, put India firmly on the global economic map. The…
Ex-Infosys CFO Bala to launch ₹1,300 cr offshore VC fund
Former Infosys CFO V Balakrishnan, who chairs India-based VC fund Exfinity, plans to raise a $150-200 million (₹1,000-1,300 crore) offshore fund to invest in start-ups that specialise in hi-tech enterprise solutions in the Indo-US tech sector. Exfinity has launched two funds of ₹125 crore and ₹27…
Start-ups can take long-term risk with Indian money: Nilekani
Infosys Co-Founder Nandan Nilekani is all for Indian start-ups, saying they have entered an ‘exciting phase’ with focus on India-specific problems and opportunities, and domestic money is fuelling risk appetite. “I am very bullish on the Indian start-up scenario”, the brai…
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…