In collaboration with German aid agency GIZ, Citrix, Ericsson, Harman and IKP Knowledge Park, Zinnov, a management consulting firm, has announced the launch of a social start-up accelerator programme, SIGMA. Sigma will focus on social start-ups in five key areas of healthcare, clean tech, smart a…
Start Up India
Pernia’s Pop-Up Shop in interim talks with investors to raise first round of funds
Pernia’s Pop-Up Shop (PPUS), an online fashion store for men and women, started in the year 2012, is in advanced talks with investors to raise its first round of funding of around USD 1 to 1.5 million towards marketing and technology. Pernia’s POP-UP SHOP (PPUS), an online fashion sto…
‘Microsoft sees innovative global opportunities for Indian start-ups’
Fitzpatrick said India is a great place for innovation and some of the greatest things have been happening in the Indian market from innovation perspective. India has gone through the entire maturity of Cloud and starting to adopt and embrace it, she added.
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Innoviti Payment Solutions bags Rs 120 cr fund
Leading payments company Innoviti Payment Solutions on July 12 announced financing of Rs 120 crore (~ $18 million) to further its vision of digitally organising the flow of money for businesses across the retail supply chain. Innoviti Payment Solutions Pvt. Ltd. (formerly Innoviti Embedded Soluti…
Startup Visa delay may impact Indian start-ups
Indian entrepreneurs and start-ups may face problems as the US government, under President Donald Trump’s administration announced to delay the ‘Startup Visa’ programme until next March. The government also intended to tighten the work visa rules to the Indian IT companies…
Cabinet apprised of MoU between India & Palestine on cooperation in e-Gov, start-up ecosystem, others
The Union Cabinet chaired by Prime Minister Narendra Modi on July 12 has been apprised of the Memorandum of Understanding (MoU) between India and Palestine on Cooperation in the field of Information Technology and Electronics (IT&E). An official release by Ministry of Information and Broadcas…
FDI in e-Comm & start-ups contracts over 65% in CY2016: Kotak report
According to the report, about 13 e-Commerce companies which raised a total of around $3.46 billion in 2015 managed to receive just $1.31 billion in 2016 in FDI inflows.
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Tech start-up funding touches $5.56 b in first half of 2017: Report
Over $5.56 billion was invested across 452 Indian tech start-ups during the period January-June 2017. While in Q1 2017 about $1.46 billion was invested across 206 start-ups, Q2 witnessed 217 deals amounting to $4.1 billion in funding.
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Morning Post | July 10, 2017 | Start-up Coast soon in K’taka | G20 lauds India’s start-up initiatives
Union Commerce and Industry Ministry Nirmala Sitharaman has initiated the “Startup Coast” project for setting up state-of-the-art innovation centres, modern incubation centres, tinkering labs and co- working space for start-ups on the west coast in Karnataka.
G20 has lauded the …
Yogi Adityanath urges SIDBI to set aside Rs 200 cr for start-ups in UP
The Yogi Adityanath government in Uttar Pradesh has urged the Small Industries Development Bank of India (SIDBI) to institute a start-up fund for promoting micro, small and medium enterprises (MSMEs) within the state. Sidbi Deputy Managing Director Ajay Kumar Kapur, said on July 7 that the propos…