As the industry is moving from offline to online, none of the above is being catered. Even the biggest fashion stores offer only the collection of apparels and rest is for the customers to figure out. Fabulyst is a deep tech solution in fashion commerce. The technology emulates a personal stylist…
Tag: Technology
Can agri-based start-ups transform the rural economy?
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…
India-Portugal launch joint start-up hub in first ever Indian Prime Ministerial visit
Lisbon: India and Portugal on June 24 launched a joint international start-up hub soon after Prime Minister Narendra Modi expressed his amazement that there has been no bilateral Indian Prime Ministerial visit ever to this European nation that is home to around 70,000 people o…
Startup India Hub to engage with NY’s tech incubator Collaborizm to connect like-minded teammates
The Startup India campaign, launched by PM Narendra Modi, sought to encourage an entrepreneurial ecosystem in India. The hope is that this would boost not just our economy but the underlying, fundamental issue of employment as well. By promoting the spirit of entrepreneurship in India, we could c…
Leniency in GST laws for genuine mistakes initially: Hasmukh Adhia
With the countdown to GST rollout underway, government has promised leniency in enforcing penal laws for violations during the initial period of implementation of the new national sales tax regime. Revenue Secretary Hashmukh Adhia said a distinction would be made between genuine mistakes in …
Social networking platform VoxWeb raises $1 m from undisclosed investors
Mumbai-based VoxWeb, a mobile-first, social networking platform has raised $1 m from undisclosed individual investors. The start-up will use the funding to strengthen back-end technologies and to add new front-end features. It will also invest in scaling marketing efforts to increase its use…
New tax regime to create need for 1.3 m professionals; India Inc rush to get GST math right
GST has infused optimism in the job market. As the goods and services tax rollout date nears, companies across sectors are rushing to get their GST teams in place, leading to a jump in demand for tax and technology professionals. The demand is being led by the FMCG sector, followed by consumer go…
‘Start-ups shouldn’t feel entitled to investments’
Bengaluru: Start-ups have to be clear about the need for venture-capital funds and should get out of the entitlement mentality, said Shalini Prakash, Venture Partner, 500 Startups, at an investor insight event held by global start-up community Startup Grind. Sharing insights to a group of entrepr…
Xiaomi founder’s Shunwei Capital invests $5 mn in Indian gaming start-up
Mobile gaming is yet to take off in India like it has in China. But investors from across the border clearly see the potential for it in the world’s second-largest smartphone market. Shunwei Capital, founded by Xiaomi boss Lei Jun, today led a series An investment of $5 million along with Accel P…
InCred disburses Rs 100 cr loans to SME, housing segments
InCred, a non-banking finance company which began operations in February 2017, has disbursed Rs 100 crore loans to about 1000 customers in less than 100 days. “Bulk of the disbursements have happened in the housing and small business segment which is very encouraging since InCred was set up to pr…