Coir Kerala 2017, an international event on coir and natural fibre products, will be held at the EMS stadium here from October 5 to 9. The event, the seventh in a series of annual fairs, is being organised by the Directorate of Coir Development with the support of the Union Ministry of …
Lower operating costs attract entrepreneurs to smaller cities despite shortage of investors
Bangalore: After struggling to find affordable office space in Mumbai, India’s financial hub, Sarabdeep Singh decided to move his startup company more than 1,500km north to Mohali, a town with a population of 176,000 in the state of Punjab. Singh, co-founder of Bodhik, a financial technolog…
Nasscom Product Council plans to start an education initiative with Tel Aviv University
On the sidelines of Nasscom Product Council and IT consulting major Accenture’s recent visit to Israel to form a pact with Israel Innovation Authority, the former plans to start an education initiative with Tel Aviv University, identify one accelerator partner and p…
Rivergate Capital backs luxury heli-tourism services start-up GoChoppers
GoChoppers Services Pvt. Ltd, a startup that provides luxury helicopter tourism services, has raised an undisclosed amount of funding from Rivergate Capital, the company’s founder told . The startup is spending the capital raised on building its technology infrastructure and marketing, said Punee…
How fintech players can help banks bridge the gap in SME lending in India
Before the Indian government liberalized the economy in 1991, the success of businesses in India depended mostly on government contacts, licenses, bureaucracy and ambition. Today, the competitive landscape is much more diverse, with family businesses having to compete with MNCs for better technol…
Maharashtra records highest growth rate of 129% in MSME registrations
Maharashtra has logged the highest growth in entrepreneur registrations, pipping Gujarat which has outperformed other industrial parameters. Maharashtra has recorded highest growth rate of over 129% in terms of registration of micro, small and medium enterprises (MSMEs) under entrepreneurs memora…
ONGC Startup Program to make idea of solar-powered electric stove a reality: Dharmendra Pradhan
The union government on September 25 said energy major ONGC will fund and encourage startups to carry out research and innovation for the development of advanced electric household stoves which can be powered using solar power. According to Union Petroleum and Natural Gas Minister Dharmendra Prad…
Digital lending start-up Rupeek sets to raise $12 m in early stage funding round
Bengaluru: Rupeek, a digital lending company offering gold loans, is set to raise about $12 million (about Rs 79 crore) in an early-stage funding round led by Accel Indiaand financial inclusion-focused investment firm Lok Capital, according to two people familiar with the deve…
Scooter rental start-up Vogo Automotive raises seed funding from Murugappa Group, others
Bengaluru based scooter rental startup Vogo Automotive has reportedly secured an undisclosed amount in a Seed funding round led by Murugappa Group. Formula One racer Karan Chandhok, A. V. Thomas Group, Thiagaraja Group and a clutch of other investors also participated in the round. In an off…
B’luru based agritech start-up CropIn raises pre series A funding from Beenext
Bengaluru-based agritech startup CropIn has raised an undisclosed amount of Pre-Series A funding from Singapore-based Beenext. Exiting investors Ankur Capital, Boston-based organisation Invested Development also participated in the round. With this round of funding the total funds …