The Bangalore chapter of global angel network Keiretsu Forum has led a nearly $1 million (Rs 6.5 crore) seed round in aerospace and defence technology startup Aadyah Aerospace Pvt. Ltd.
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Small traders can opt for GST Composition Scheme till 30 Sep; Know all about the scheme
Big businesses in India are happy with the introduction of GST but small and medium enterprises (SMEs) and start-ups that don’t have required resources and expertise to facilitate GST compliance procedures are having hard times
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The rising tide of cash flow-based loans
In the dusty bylanes of Bengaluru, a quiet transformation is happening that has been missed by banks on the main street. In a rapidly urbanizing city, villages have found themselves encircled by urban sprawl. Houses are tightly packed next to each other
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UP Govt drafts Khadi Policy, aims to focus on youth: Satyadev Pachauri
The Uttar Pradesh government has drafted a khadi policy that aims to make it popular among youth under the theme of “khadi for youth, khadi for nation”, the state MSME Minister Satyadev Pachauri has said.
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Medical content start-up myUpchar raises $300k in seed funding through LetsVenture
Medical content startup myUpchar has raised Rs 2 crore ($300,000) in seed funding from a clutch of investors through online deal-making platform LetsVenture, a company statement said. The investors were Rajan Anandan, managing director at Google India; Alok Mittal, co-founder and chief executive …
BMC in talks with IIT-B to launch ‘Technology Business Incubator’ for promoting start-ups
The BMC is in talks with IIT Bombay to open a technology business incubator (TBI) which would provide startups with the necessary infrastructure and mentoring to tackle civic issues with the use of new-age technology. While the civic body has zeroed in on a location in Andheri for the facility th…
Access India Programme: India encourages British SMEs to invest in the country
India has started to “roll out the red carpet” to UK SMEs instead of subjecting them to a barrage of regulations. The move comes as India hopes to ramp up exports from Britain.
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Transerve Technologies raises $1.6 m in series A from Omidyar Network, others
Transerve Technologies, a company that offers geospatial technology-based SaaS solutions for sustainable growth and urban planning, has raised $1.6 million from IL&FS Investment Managers and Omidyar Network in a Series A round of funding. The investment was facilitated by Tribe Impact (previo…
Amazon India launches ‘Amazon Business’ for SmallBiz
E-commerce major Amazon India on September 27 launched a new marketplace — Amazon Business — to cater to the requirements of the small and medium businesses (SMBs) in the country. The new marketplace is focussed on meeting the procurement needs of SMBs such as technology and service c…
Govt to constitute an advisory board to fix national minimum wages for various sectors
The government will set an advisory board to fix minimum wages for various sectors applicable across the country, a senior official of the labour Ministry said. “The government would constitute an Advisory Board to fix the National Minimum Wages for employees and such wages differ and vary sector…