Very soon you might be able to make payments digitally at a retail outlet without any internet connection on your phone, get personalised banking options when you withdraw cash from an ATM, or even do phone banking over a chat session with a robot. India’s second largest private sector lend…
Tag: startup
VizExperts offers tech solution to defence
Gurgaon-based VizExperts’s startup story is that of a pivot from a software services company operating in the area of 3D graphics to that into a product company when it launched its revolutionary Digital Sand Model in 2011 after investing a couple of years into research and development. The…
Premium dining startup Big Fish raises Rs 75 crore in second round of funding
Big Fish Ventures, a New Delhi-based startup that runs premium dining lounges such as Vault Cafe and GaramDharam, has raised Rs 75 crore in its second round of funding from angel investors – including high net worth individuals – and Founder Umang Tewari. Founded in 2015, Big Fish Ven…
Haryana Govt will sponsor 3 student teams’ start-up ideas
During the Happening Haryana Global summit which was held on 7th and 8th March, Haryana CM Manohar Lal Khattar and Industry and Commerce Minister Captain Abhimanyu Singh selected three teams of students after a competition that selected the best ideas for a start-up. The Haryana government has de…
Investor queue gets longer outside micro loan startups
Startups helping college students and young adults get small loans, typically below Rs 1 lakh, are seeing early interest from investors as fin-tech, or financial technology, emerges as one of the hottest sectoral themes for this year. Finomena, a Bengaluru-based lending platform for students, rec…
Fintechs are likely to disrupt the market by aggregating financial services for MSMEs
Financial technology companies have gain mileage over the last 5 years. Globally, the investment in online MSME finance market has grown by about 45% y-o-y and many billion dollars has been ploughed into startups in the online MSME finance market space in FY’2015 alone. With the influx of investm…
Tech Mahindra to launch startup garage for in-house entrepreneurs
In a first for a corporate entity, Tech Mahindra is all set to create a ‘startup garage’ for its in-house entrepreneurs. “Within our set-up, we have a number of companies that is working already. But we are about to launch a garage soon …ours will be the first corporate ga…
Arun jaitley makes ‘room’ for Startups & SME, supporting act falls short of an Oscar
In a speech peppered with references to startups and MSMEs, Finance Minister Arun Jaitley in his Budget presentation for 2016-17 had a series of policy initiatives and schemes that aimed at easing the hurdles that startups face and ensuring MSMEs in the country get a boost. Launching the Startup …
Budget to boost MSMEs, Startups and job creating Food processing sector
Finance Minister Arun Jaitley, who presented NDA’s second full budget on February 29, seems to have realized after Bihar assembly elections debacle for BJP that it is not enough if only India grew. The growth has to be made more inclusive by enabling Bharat to grow as vast majority of 1.25 billi…
Hope to get funds for startup programme | Nirmala Sitharaman
Union Minister Nirmala Sitharaman February 21 expressed the hope that Budget 2016-17, to be present next week, will allocate required funds for startup India programme. She said her ministry, Commerce and Industry, will do its best to solve the financial difficulties being faced by start-ups. Spe…