Bengaluru: The next step for enterprise startups is to go global and Microsoft is focusing on helping 14 startups in its latest cohort of its accelerator program. The startups are all in their late stage, having an average age of 3.5 years and an employee size of 80 employees.…
Tag: TCS
Bombay Shaving rakes in Rs 14 cr from a clutch of investors led by Fireside Ventures
Mumbai: Men’s consumer care product firm Bombay Shaving Company has raised Rs 14 crore from a clutch of investors led by Fireside Ventures to fuel its expansion plans. The funding round also saw participation from existing investors S Ramadorai, former CEO at TCS; Pankaj…
Access, enablement & affordability are key factors in digital journey of MSMEs: SAP India
Micro, Small and Medium Enterprises (MSMEs) need to adopt strong tech-enabled business models and processes to make them more efficient and achieve global competitiveness in the quest to become digital, said a top SAP India executive in an interview to IANS. At a time when large corporates as wel…
What GST means for small businesses & start-ups
One of the underlying principles of the GST has been to reduce the layers of taxation and complexity for small businesses so that such entities can focus more on their core business rather than worry about compliance. One of the many benefits of goods and services tax (GST) is that it is aligned …
Ireland keen to woo Indian start-ups, offers tax benefits
With quite a few nations mulling stronger immigration laws, Ireland, the island in North Atlantic, wants to play a different tune. The Investment and Development Agency (IDA) wants to triple the number of start-ups, IT services organisations, entrepreneurs from various sectors in India in the nex…
Goa IT & start-up policy: Govt to soon roll out fresh policy to support small enterprises
Goa lags behind in the IT sector by at least a decade-and-a-half. The government has decided to set things right and is likely to amend the existing policy and come up with a new start-up policy separately. The recent IT and start-up policy of Goa is barely 18 months old and it is likely to [&hel…
Donald Trump’s new plan may create hurdles for PM Modi’s Startup India
The US is all set to become a tax-haven for most companies wishing to save tax after the Trump administration last evening announced lowering corporate tax to as low as 15 per cent from the present 35 per cent. Currently, several Indian tech startups including the likes of Flipkart, Grofers, Prac…
e-Commerce companies to pay up to 1% TCS under GST
E-commerce firms like Snapdeal and Amazon will have to mandatorily deduct up to 1 per cent TCS (Tax Collected at Source) while making payments to their suppliers under the GST regime which is expected to kick in from July 1. The model Goods and Services Tax (GST) law, finalised by the GST Council…
Start-ups can learn a lot from Infosys, Wipro: Nandan Nilekani
Infosys Co-Founder and Aadhaar architect Nandan Nilekani said the last few months have exposed various frailities of Indian startups and that it’s the responsibility of everyone in the ecosystem to see how entrepreneurs and companies can build better businesses from a leadership and value system …
Digital tech firm TO THE NEW to build marketplace for start-ups & VCs; Beats EY & KPMG
Bengaluru: Noida-based digital technology firm TO THE NEW has bagged a deal to become the technology partner of the government’s Startup India Hub, beating biggies such as EY and KPMG. TO THE NEW is building a mobile app and a web portal for Startup India Hub that will function as a marketp…