Tag: Ola

AMITABH

NITI Aayog looks to set up 1k tinkering labs

NITI Aayog CEO Amitabh Kant has stated that this year, the Atal Innovation Mission (AIM) scheme will look to select 1,000 schools. They will receive a grant of about $31K (INR 20 Lakh) each. The money will be utilised to set up tinkering labs to foster innovation, as per a recent report. The repo…

Rajan Anandan

B2B’s time has come: Rajan Anandan, VP, Google India

Ace angel investor and Vice-President, Google India & South East Asia, Rajan Anandan talks about the challenges in the start-up environment in India. Edited excerpts: Q: Are investments hard to come by? A: Two things are going on. At very early stage the pace has not changed. Early stage inve…

Seed-Start up

VC start-up investments hit 22 month low of $125m in April

Even as April saw poster boys of the start-up ecosystem Flipkart and Ola rack up funds, overall investments touched new lows. Venture capital funding marked a 22-month low at $125 million across 31 deals. The number of investments shrank by 6 per cent compared with the same period last year, whil…