As India celebrates its 71st Independence, enterprisesdemonstrate that they can build success stories by delivering quality services and products to the consumer
…
Tag: Micromax
Intex Technologies to invest Rs 150-200 cr in start-ups
Delhi-based Intex Technologies has launched a Rs 150-200-crore fund to invest in startups with a strategic fit, the latest mobile phone maker to do so after Micromax and Xiaomi announced plans to back early-stage startups. The first investment from the corpus has gone into Rooter, a startup creat…
Micromax to set up $100 mn fund to invest in start-ups
New Delhi: Micromax is setting up an independent fund which will raise upto $100 million (Rs 680 crore), aimed at investing in consumer Internet companies across the world that have relevance to the Indian market. The fund, in which the leading home-bred handset maker will be the anchor investor,…
Budget 2017: mobile makers seek incentives for making in India
Mobile handset makers operating in India expect the government to continue duty differential regime for mobile phones in the upcoming budget, amid business slowdown due to demonetisation and the imminent implementation of goods and service tax (GST) regime. Some feel that while the government sho…
Streaming platform Dekkho raises $1.2 mn in seed funding
Streaming platform Dekkho has raised $1.2 million from seven unnamed angel investors. The company sources content from content providers within India and abroad. Dekkho currently has over 12,000 hours of programming, made available by partnering directly with digital channels such as Sony Music, …
India’s smartphone revolution: 35 units, 37,000 jobs in 2 years
India has seen about 35 new smartphone factories in the past two years, with a production capacity of about 18 million devices a month, since the central government had announced a tax rationalisation for electronics products to boost local electronics manufacturing. The new manufacturing units h…