Hyderabad-based HUG Innovations has raised $5 Mn in Series A funding round during a live instant funding event organised by TiE Hyderabad – The Guardian Angel. The round was led by Mohit Srivastav (NRI Startup India ), Kishore Ganji ( Angel Investor), Venkat Vallabhaneni (Parampara Capital), and …
Start Up India
Personal styling start-up Fabulyst raises Rs 1.4 cr in seed round from iBhubs
As the industry is moving from offline to online, none of the above is being catered. Even the biggest fashion stores offer only the collection of apparels and rest is for the customers to figure out. Fabulyst is a deep tech solution in fashion commerce. The technology emulates a personal stylist…
India-Portugal launch joint start-up hub in first ever Indian Prime Ministerial visit
Lisbon: India and Portugal on June 24 launched a joint international start-up hub soon after Prime Minister Narendra Modi expressed his amazement that there has been no bilateral Indian Prime Ministerial visit ever to this European nation that is home to around 70,000 people o…
Start-ups will no more entertain free pilot projects
As funding slows, early-stage start-ups are focusing on being lean and monetising their businesses quickly. Some are doing paid pilot projects — in cash flush times, they would have done such projects for free. While others, are creating services businesses that can bring in money immediately to …
5 features of the Startup India Hub that you should know of
The Startup India Hub was launched on June, 19th by Nirmala Sitharaman, Commerce & Industry Minister. The Hub will act as a platform for all the stake holders of Startup India, including startups, investors, funds, mentors, academia, incubators, accelerators, corporates, Government bodie…
Startup India Hub to engage with NY’s tech incubator Collaborizm to connect like-minded teammates
The Startup India campaign, launched by PM Narendra Modi, sought to encourage an entrepreneurial ecosystem in India. The hope is that this would boost not just our economy but the underlying, fundamental issue of employment as well. By promoting the spirit of entrepreneurship in India, we could c…
Travel tech start-up ExploreLifeTraveling gets seed funded
ExploreLifeTravelling is a US and Bengaluru – based travel tech start-up. The start-up announced on June 22 that it has raised seed funding from a clutch of angel investors. Mekin Maheshwari, former CPO at Flipkart, Bharat Vijay former CEO at Amazon and Yahoo, Krish Seshadri, former CEO at Facebo…
I want to make Pune the start-up capital of India, says Fadnavis
If the Devendra Fadnavis-led government delivers on its vision and promise, a new Pune could rise on the banks of the Mula Mutha river in the coming five years. A generation next city and start-up capital of India that is serviced by smart solutions and transport networks. From developing the new…
Start-ups can now accept deposits from shareholders
In a move to simplify the process of raising fund for start-ups, the Corporate Affairs Ministry has allowed these companies to accept deposits from shareholders. This amount will be separate from their share in start-up. Prior to amendment in the rules of the Companies Act, only limited liability…
ONGC facilitates start-ups under government’s flagship programme
ONGC launched the ONGC Start-Up Fund on 14th August 2016. ONGC, SINE and IIT Bombay entered into a MoU to work together for incubating innovative ideas and business start-ups in the energy sector at the Society for Innovation and Entrepreneurship (SINE) of IIT Bombay. The Pitching Session to sele…