Even as the Indian startup ecosystem has seen declining investments, layoffs and shutdowns since last few months, the next fiscal will see fundamental changes and emergence of leaner ventures, says a white paper by Noida-based VC firm advantEdge Partners. “The conditions are ripe for a reboot of …
Tag: L&T Infotech
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 …
L&T looks to build digital bridge to the Startup Land
L&T Infotech, the IT unit of engineering conglomerate Larsen & Toubro, plans to seek board approval to invest in technology startups that the IPO-bound firm hopes will help boost its digital offerings. “We want to partner with startups and give them a platform,” Chief Executive Sanj…