Alibaba Pictures, the entertainment unit of China’s e-Commerce major Alibaba Group, has reportedly acquired a majority stake in Chennai-based TicketNew for an undisclosed amount. Post acquisition, Alibaba will have four representatives on TicketNew’s board and the firm’s promoters will have two o…
Start Up India
Ireland keen to woo Indian start-ups, offers tax benefits
With quite a few nations mulling stronger immigration laws, Ireland, the island in North Atlantic, wants to play a different tune. The Investment and Development Agency (IDA) wants to triple the number of start-ups, IT services organisations, entrepreneurs from various sectors in India in the nex…
Airtel Business plans to woo emerging enterprises to digital platform
Bharti Airtel’s enterprise arm Airtel Business is eyeing a larger share in emerging enterprises, including small and medium businesses (SMBs) and start-ups through its new digital platform, which is offering internet plans without any data caps. “Emerging enterprises are key growth dr…
New Goa Startup Policy likely to focus on IT-anywhere
In a span of less than three months, the government is ready with draft Goa Startup Policy which is likely to focus on promotion of IT startups and the concept of IT anywhere. The policy aims at creating 5,000 jobs in the IT sector over the next five years and will work towards putting Goa [&hell…
India-Germany to sign pact for start-up exchange programme
Indian start-ups may soon get easier access to the German market and investments, thanks to an agreement the government is planning to sign with the country for a start-up exchange programme. Commerce and Industry Minister Nirmala Sitharaman, during her recent visit to Germany alongside Prime Min…
Goomo gets $50 m package from Emerging India
Singapore and Mumbai-based Goomo Holdings, which owns and operates travel tech start-up Goomo has raised $50 million (about Rs 332 crore) in funding from private equity firm Emerging India. The round, which has seen Emerging India pick up a majority stake in the company, is one of the largest rai…
World Environment Day: Here are 8 Indian start-ups that are making the earth better
Urban cities around the world produce approximately 3.6 million tonnes of waste in a day and it is projected that by 2025, it will shoot to 6 million tonnes a day. Indian cities such as Delhi, Varanasi, Patna count amongst one of the world’s most polluted. In a rapidly progressing world, the amou…
Have a business idea in mind? Here are 8 tips to prepare an impressive business plan
A business plan typically contains details of the product or service being offered. These details could include financial forecasts, revenue benchmarks and targets, target customer, potential markets, impending challenges, and also the company’s USP against other sector competitors. Most investor…
S Korea invites Indian start-ups to global contest
Hyderabad: South Korea is inviting Indian start-ups to take part in K-Startup Grand Challenge 2017, a global competition for tech start-ups backed by the Korean government. Promoted by the National IT Industry Promotion Agency, a non-profit governmental organisation of the Republic of Korea, the …
HSBC partners with AI start-up Ayasdi Inc to combat money laundering
HSBC Holdings Plc has partnered with Silicon Valley-based artificial intelligence start-up Ayasdi Inc to automate some of its compliance processes in a bid to become more efficient. The banking group is implementing the company’s AI technology to automate anti money-laundering investigations that…