The bloom is off seed funding, the business of providing money to brand-new startups, as investors take a more measured approach to financing emerging US technology companies. Seed-stage financing has been sliding for the last two years, with the number of transactions down about 40 percent since…
Tag: Silicon Valley
Wipro launches Silicon Valley Innovation centre in US
New Delhi: IT major Wipro said it has set up a Silicon Valley Innovation Centre in Mountain View, California to develop and showcase next-generation technologies and solutions for enterprises. The centre will showcase and demonstrate cutting-edge enterprise applications based on technologies to s…
‘In Next 3 years, India could have its own silicon valley’
Indian companies come to an outsource provider just for value, for Indian clients, value demand is much higher, says Sumit Sood, Managing Director, GlobalLogic India
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K’taka in talks to provide last mile connectivity to village-level entrepreneurs: Priyank Kharge
Think Bangalore, think start-ups. The city has firmly established its Silicon-Valley-of-India image in the last couple of years. But Priyank Kharge, Karnataka’s IT Minister is far from done. After creating a proactive incubation, mentoring, and funding infrastructure for start-ups, the 39-year ol…
HSBC partners with AI start-up Ayasdi Inc to combat money laundering
HSBC Holdings Plc has partnered with Silicon Valley-based artificial intelligence start-up Ayasdi Inc to automate some of its compliance processes in a bid to become more efficient. The banking group is implementing the company’s AI technology to automate anti money-laundering investigations that…
Helion’s Rahul Chandra floats a $100 m venture capital
Helion Venture Partners’ Managing Director Rahul Chandra has floated a new venture capital called Unitary Helion, which is planning to raise a $100 million fund focused on deals in the financial technology space. The move comes as Helion Venture Partners, which raised over $600 million back…
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…
Entrepreneurship on upward curve
India is on the cusp of possibilities. With more than 65% of country’s population below the age of 35, better-than-ever internet connectivity and a smartphone market that has brought millions of people online, the critical mass has been building up and has brought India to an inflexion point. Loo…
GST : What the future holds for start-ups
There was a time in India when being an entrepreneur got you really sad looks, and a hopeless marriage profile. Then the Silicon Valley found its second home in India, with Bangalore being the first choice, and saying that you were the founder of a ‘startup’ became the new cool. What started in t…
C’garh adopting best practices of Singapore & Silicon Valley
Chhattisgarh has started adapting the best policy practices from the fastest growing entrepreneurial eco-systems, like in Singapore and the Silicon Valley, to accelerate entrepreneurial growth to provide a major push to the ‘Startup Chhattisgarh’ programme, officials informed. It is now aggressiv…