Complicated tax rules are hindering the growth of start-ups as the angel companies are being muted, National Association of Software and Services Companies (Nasscom) chairman Raman Roy said in Bengaluru on Thursday. He was speaking to reporters at the launch of the 2017 edition of the&n…
Start Up India
Big Data Dividend For Small Business
While traditionally large enterprises had the resources to leverage data analytics, availability of visual analytics as a service has enabled small and medium enterprises (SMEs) to reap the benefits of technology. Information is the lifeline of any business and is a highly valued asset in today’s…
Affordable E-commerce Solution for Small and Medium Enterprises
India is introducing a suite of e-commerce tools targeted at small and medium enterprises in the country. The company’s e- commerce platform is a do-it-yourself store builder that uses cutting-edge technology to make online business easy, secure and fun to work with. The product also featur…
Car rental start-up Drivezy raises $10 m funding
Mumbai-based self-driving car rental startup Drivezy has just received funding of Rs. 65 crore ($10million) as part-equity and part debt. The company used to be known as JustRide earlier. Of this, $5 miilion has been made by Axan Partners, Das Capital and IT Farm, which have their origins in the …
Oracle eyes Indian artificial intelligence start-ups
American tech giant Oracle on October 5 announced the first batch of startups for its Startup Cloud Accelerator programme in New Delhi and Mumbai. The selected young ventures are using technologies such as artificial intelligence and Internet of Things to solve problems such as diagnosing di…
Global investors make a comeback, Indian start-ups back on radar of hedge funds
New Delhi: Global hedge funds and asset management companies, including several from Hong Kong, are making a cautious return to India’s resurgent startup ecosystem, some 18 months after they pulled back amid a churn in the domestic market. A number of Hong Kong-based fun…
What different states are doing to help start-ups succeed across India
About a month ago in Lucknow, after flagging off the Union government’s Startup Yatrainitiative, Uttar Pradesh chief minister Yogi Adityanath announced a Rs 1,000-crore corpus to support emerging business through various schemes. “I believe if Uttar Pradesh takes an initiativ…
Fintech start-up Chqbook raises funding from Startup Buddy, others
Gurgaon-based fintech start-up Chqbook has raised an undisclosed amount of funding from Startup Buddy and a clutch of individual investors, the company said in a statement. Individual investors who participated in the round are Apurva Chamaria, head of corporate marketing at HCL Technologies; for…
Defence technology start-up Aadyah Aerospace raises $1 m from Keiretsu Forum
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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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 …