With 4,200 tech startups, India is the third-largest tech startup hub in the world. But the steady increase in startups and a range of initiatives by the Indian government to spur growth does not mean the challenges for entrepreneurs are any less. In India, 40% of startups failed since 2014, whil…
Tag: Infosys
TV Mohandas Pai wants to build an ‘ecosystem’ of funds
TV Mohandas Pai, a prolific angel investor and an outspoken commentator on civic issues, is occupied nowadays with creating an investment empire straddling an assortment of asset classes. Ultimately, Pai, who in his post-Infosys avatar has focused mostly on early-stage investments in technology s…
India’s growth is in its small businesses: Nandan Nilekani
One of the founders of iconic IT company Infosys and the brain behind Aadhaar, Nandan Nilekani wears several hats these days — that of a philanthropist, angel for start-ups and an evangelist for re-imagining India. In an interview, Nilekani shared his views on a variety of issues concerning the c…
Mexico is top destination for India’s automobile exports; growth over 110%
Mexico has emerged as the top destination for India’s automobile exports making a compelling case for the Indian engineering exporters to push for further push in the growing South American markets, according to EEPC India. The EEPC India which would be organising India Pavilion at Expo National…
Tightening fund flow affecting employment under startups
At a time when investors are gradually tightening their purse strings on venture capital-backed e-commerce firms and tech startups — from $2.91 billion in September quarter of 2015 to $1.52 billion in December quarter to $1.40 billion in March quarter of 2016 and to $583 million in June quarter o…
Large companies open purse for start-ups
The participation of large Indian corporate’s in providing financial backing to startups is growing, and while only firms such as Infosys and Wipro have set up dedicated startup funds, others are tracking disruptive technologies in their own sectors with clearance from their boards to sink …
GST platform to become analytics powerhouse
The Goods and Services Tax Network, the information technology backbone that will implement the new indirect tax regime, will become a data analytics powerhouse in the months after the roll-out. “Once sufficient amount of data is generated, we will be able to generate analytics based on the requi…
Shaadi.com’s Founder finds Rs 3.34 crore match for Vebbler
Shaadi.com Founder Anupam Mittal has led a consortium of 16 investors to invest $500,000 (about Rs 3.34 crore) in Bengaluru-based camera and photo sharing app Vebbler. The investors included Sharad Sharma, Founder of industry think tank iSPIRIT, and Pranav Rai, son of former Infosys board member …
Infosys invests in second cloud computing start-up in Israel
Infosys Ltd has invested $4 million to pick up a minority stake in Cloudyn Ltd, an Israeli company that makes software for monitoring and optimizing cloud computing, marking the Bengaluru-headquartered firm’s second investment in an Israel-based cloud-computing start-up from the company’s $500 mi…
Axilor opens applications for accelerator programme starting in September
Axilor, a Bengaluru based platform for supporting early-stage startups, has opened applications for its accelerator programme starting in September. It is looking to induct up to 15 startups in the upcoming batch. Axilor, whose founders include Senapathy ‘Kris Gopalakrishnan and SD Shibulal…