Earlier this year (2017), two India-based agri-technology (AgTech) start-ups hit the headlines for raising millions in funding from private equity firms. AgroStar, which provides agricultural inputs directly to farmers, raised $10 million, and RML AgTech, which offers smart farming solutions, rai…
Tag: rural
Innovate we must. Failure is not an option
The great Robert Noyce once said, “At the heart of what is possible is innovation and imagination”. Since I came back to India, I have been even more fascinated by the statement and how aptly it summed up the situation in the country. For centuries India has been a land of promise and potential, …
A riot of colors & weaves at 2nd National Handloom Day Expo
From Kashmiri Pashmina to South Silk, Banarasi Silk Saree and West Bengal Handloom to Lucknow Chikankari and Khadi – everything was at display at Handloom Expo organised by Federation of Indian Chambers of Commerce & Industry (FICCI) and FICCI Ladies Organisation (FLO) to celebrate Nati…
Nandan Nilekani invests in affordable eye care startup Drishti
Bengaluru-based affordable eye care treatment chain Drishti has raised an undisclosed amount in funding from Nandan Nilekani, former chairman of the Unique Identification Authority of India. Drishti, which offers its services in semi urban and rural regions, will utilise the fresh capital to expa…
MSME Ministry targets jobs for 4,25,000 persons under PMEGP scheme
Revealing the plans of his Ministry for financial year 2016-17, Union MSME Minister Kalraj Mishra in a press conference held in New Delhi on March 08, 2016 said that Rs. 1,139 crore has been allocated under the Prime Minister’s Employment Generation Programme (PMEGP). This is expected to generat…
Rs. 100 crore earmarked under ASPIRE scheme by MSME Ministry
While addressing a press conference held on 8th March at New Delhi, Union MSME Minister Kalraj Mishra hailed Budget 2016 and informed that a sum of Rs. 100 crore has been earmarked under ‘A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship’ (ASPIRE). The government is keen…