Bengaluru: Start-ups have to be clear about the need for venture-capital funds and should get out of the entitlement mentality, said Shalini Prakash, Venture Partner, 500 Startups, at an investor insight event held by global start-up community Startup Grind. Sharing insights to a group of entrepr…
Tag: investments
Budget should aim at improving overall performance of the SME sector
Indian SME is undoubtedly a strong contributor to the economy. The SME sector generates significant employment while inputting considerably to the industrial output. While the union government continues to float policies and schemes to smoothen business challenges for the SME, there are further h…
Govt planning to overhaul Rs 10k cr start-up fund
The department of industrial policy and promotion (DIPP) is set to overhaul its Rs10,000 crore start-up funding scheme by allowing venture capital (VC) funds to invest half of the corpus in start-ups and the rest of it in firms at a more mature stage to reduce capital risk. The VC funds that mana…
Andhra Pradesh tops in attracting industrial investments
Andhra Pradesh has emerged on the top among all other states in attracting industrial investments in 2015-16, pushing the previous year’s topper Maharashtra to the third spot. Andhra Pradesh attracted an investment of Rs 21,914 crore out of the Rs 1,38,700 crore gross investments across Ind…
Here’s how small businesses can cash in on the Digital India initiative
The much-talked-about Digital India initiative promises to bring an e-revolution to the country. Launched last year, the government’s ambitious programme aims to take internet connectivity to the six lakh villages across India. Needless to say, if the plan succeeds, it will benefit many sections …
Furniture retailer Ikea to invest Rs 1,500 crore in Mumbai
World’s largest furniture retailer Ikea is investing Rs 1,500 crore here as part of plans to have 25 stores across India by 2025 and its first store is likely to come up within 18 months in Navi Mumbai, an official said. It is among the several companies including Amazon, Microsoft, Owens C…
Food processing sector comprising SMEs contributing towards growth
Food processing sector largely comprising units under SMEs has emerged as an important segment of the Indian economy in terms of its contribution to GDP, employment and investment. Food Processing Industries Minister Harsimrat Kaur Badal has said. It constitutes 9-10% of the GDP in manufacturing …