Infosys Co-Founder and Aadhaar architect Nandan Nilekani said the last few months have exposed various frailities of Indian startups and that it’s the responsibility of everyone in the ecosystem to see how entrepreneurs and companies can build better businesses from a leadership and value system …
Tag: Nandan Nilekani
Microsoft hones enterprises of future, empowers over 2k Indian start-ups with its Azure cloud
Bangalore: For Microsoft, the flourishing startup ecosystem in India has become one of the new growth engines for its cloud business. The usage of Azure, Microsoft’s cloud offering and infrastructure services among Indian companies including Independent Software Vendors (ISVs) and partners has ju…
Banks extend help to start-ups in need of credit
Mumbai: Private sector lenders HDFC Bank, Axis, IDFC, Kotak Mahindra and Yes Bank have started extending short term credit to meet working capital needs for Ola, Power2SME, Flipkart, OYO, Zinka, Capital Float, investment banker-turned-entrepreneur Fulguni Nayar-owned Nykaa and many others, throwi…
GST to ease loan access for millions of firms: Nandan Nilekani
The implementation of Goods and Services Tax (GST) should drive nearly seven million small businesses to the formal digital economy and help them get easy access to loans, said Nandan Nilekani, the technology entrepreneur and co-founder of Infosys who was tapped by the government to run an ambiti…
The Nudge Foundation launches an incubator for non-profit ventures
The Nudge Foundation, a Bengaluru-based non-profit focused on poverty alleviation and which is backed by Nandan Nilekani, Tata Trusts and a host of industry bigwigs, is launching what is perhaps the first ever incubator to support non-profit ventures working towards pulling people out of poverty.…
Nandan Nilekani invests $5 mn more in e-Commerce start-up 10i Commerce
Infosys Ltd Co-Founder Nandan Nilekani has invested $5 million more in Bengaluru-based e-commerce start-up 10i Commerce Services, according to regulatory documents and a person familiar with the matter. With the latest investment, the former chairman of the Unique Identification Authority of Indi…
Security double-checked: Paytm to integrate with IndiaStack for UPI
Bengaluru: Paytm will integrate its digital payments services with IndiaStack, an open-stack platform that offers technology infrastructure for the unified payment interface (UPI), esign, digital lockers and electronic customer verification. The Paytm app on December 8 added a new security layer …
TeamIndus inks pact with ISRO; aims to raise $45 mn by October’17
TeamIndus has inked a commercial launch contract with the Indian Space Research Organisation (ISRO) for its mission to land a spacecraft on the moon as it attempts to win the USD 25 million Google Lunar XPRIZE. TeamIndus is the only Indian team competing for the Google Lunar XPRIZE that requires …
Online events platform Hubilo secures angel funding
Ahmedabad-based events startup Hubilo Softech Pvt. Ltd has secured an undisclosed amount of angel funding from 12 investors, including Freshdesk CEO and Co-Founder Girish Mathrubootham, multiple media reports said. Hubilo will use the funds to develop its technology platform and grow its sales an…
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, …