Entities having a scaleable business model, which has a ‘high’ potential of employment generation or wealth creation, can now be eligible for recognition as a start-up. Earlier, only if the activities of an entity were innovative and driven by technology or intellectual property could…
Tag: Sanjay Swamy
Banks & fintech start-ups see more value in cooperation than in rivalry
In 2011, ICICI Bank was confronted with a unique problem. Most of the frontend staff of India’s largest private sector bank by consolidated assets were reasonably fresh, and had to be quickly trained to interact online with customers. A lot of time was wasted toggling between multiple screens to …
No good start-up will starve to death: Sanjay Swami of Prime Venture Partners
Prime Venture Partners, formerly Angel Prime, is a venture capital fund that focuses on early-stage start-ups, and looks for companies that don’t just need capital but also mentoring. Prime has a number of investments in the fintech space, and it’s well-known for its highly-engaged ap…