The capital raised will be used to augment its tier II capital which will strengthen the capital adequacy and for enhancing long- term resources of the company.
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DIPP to move cabinet note on credit guarantee fund to ease flow of loans to start-ups
With this fund in place, the start-ups would receive financial support from banks and financial institutions with a collateral-free guarantee.
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HR govt & Nasscom bring Digital Haryana Summit 2017 to benefit start-ups, investors, others
The programme will bring together industry experts, visionaries, thought leaders, heads of states, policy makers, academicians and corporate leaders to script Haryana’s digital transformation journey aligned with the Digital India vision Prime Minister, Narendra Modi.
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Connecting NE region, 13th edition of NICT brings ‘Digitally Transforming Northeast’
Over 35 thought leaders and entrepreneurs from across the country are expected to be presenting their ideas focusing on developing the Northeast.
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IFC invests $10 m to help Power2SME expand operations & improve working capital
International Finance corporation (IFC), a worldbank member has invested $10 million in Power2SME, a first ‘Buying Club’ for the small and medium enterprises in India. In addition to the investment, IFC will also advise Power2SME to help it expand beyond its current 14 states, improve its ability…
5 cities 1 agenda; TechInnovationHunt, opportunity for start-ups to pitch to Kstart India
The objective of the campaign is to hunt early stage B2b or B2c cutting edge deep technology start-ups from across the country.
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Startup Karnataka on the verge to be amongst world’s top start-up ecosystems
Karnataka government said that it aims at ensuring that Bengaluru breaks into the world’s top 10 start-up ecosystems.
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OncoStem raises $6 m from fund led by Sequoia Capital India
The company said that the capital raised wil be used in deepening research and development efforts, besides developing and automating tests for oral, brain and colon cancer.
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NITI Aayog’s Atal Incubation Centres to nurture innovative start-up businesses
AICs would be established in subject specific areas such as manufacturing, transport, energy, health, education, agriculture, water and sanitation etc.
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Indian start-ups head for WIEF’s Wharton India Startup Challenge 2018
Wharthon India Startup Challenge (WISC) will provide start-ups a platform to connect with the leading investors and industry experts in the Indian ecosystem.
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