Gujarati-origin entrepreneurs across the world will set up a research and innovation centre in Gujarat for startups not just from the state but across the country and abroad. Entrepreneurs who assembled in Ahmedabad for a national startup pitching event on July 28 said the modern technology-based…
Start Up India
Elevate 100: 1700 start-ups pitch to make the grade
400 responses come-in from rural areas, while 350 women-owned start-ups register Hubli registers 109 entries, other cites and towns contribute less than 100 each
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Beauty services start-up Bigstylist raises Rs8 cr
Online beauty service marketplace Bigstylist has raised Rs8 crore funding in its latest round, led by Info Edge. It is now planning to expand its operations to New Delhi. Bigstylist, an online beauty service provider has announced that it has raised ₹8 crore funding in its latest funding rou…
Why accelerators need to focus on nurturing India’s next big start-ups
Accelerators are more sharply focused on the growth stage, providing startups mentoring as well as financing for shorter duration of 3-12 months to help kick-start their businesses
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Govt formulating Rs 2k cr credit gurantee scheme to help start-ups access collateral-free loans
DIPP-recognized start-ups will be provided portfolio-based credit guarantee of upto Rs 500 lakh per case
10 eligible start-up loans during a particular financial year a must
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GAIL to give wings to start-up ideas with corpus of Rs 50 cr
GAIL to mentor start-ups in core areas like natural gas & derivatives; Launches start-up web portal for proposal submission
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Telangana to encourage start-up establishment in state through slew of incentives
State to provide 100% reimbursement of paid stamp duty and registration fee on first transaction on sale/lease deeds and 50% on second through a start-up council
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GST impact: The good & bad for fintech & start-ups under new regime
For startups and new businesses, there is some relief as currently, a business with turnover above Rs 5 lakh had to register for and pay Value Added Tax (VAT), which would differ across states.
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Enterprise communication start-up Noticeboard bags $1.2 m from Stellaris Venture Partners
Enterprise communication platform for front-line teams in companies, Noticeboard has raised $1.2 million from Stellaris Venture Partners. Started by three former executives of Myntra, the company is going to use fresh funds to hire for key positions in technology and strengthen its product. Visha…
IIM-L & HPCL come together to incubate energy sector start-ups
The MoU ties-up the two organisations to incubate domestic energy sector start-ups and facilitate with seed funding. 12 short-listed start-ups, after the screening of earlier received 150 applications, have pitched their innovative ideas to the steering committee constituted for this purpose
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