Technology-enabled logistics start-up Loadshare has raised an undisclosed amount in its first round of funding from venture capital fund Matrix Partners India. Started in January of 2017, Loadshare has built a network focusing on small and medium players by helping them with technology and operat…
Start Up India
Helion’s Rahul Chandra floats a $100 m venture capital
Helion Venture Partners’ Managing Director Rahul Chandra has floated a new venture capital called Unitary Helion, which is planning to raise a $100 million fund focused on deals in the financial technology space. The move comes as Helion Venture Partners, which raised over $600 million back…
Planning to get into start-ups? First, brush up your knowledge!
Department of Industrial Policy and Promotion (DIPP), under the Indian government’s Ministry of Commerce and Industry, in a notification dated 23 May 2017, has issued new guidelines on the startup scenario. These new recommendations are in supersession of the notification earlier issued by DIPP o…
Top 5 things every young entrepreneur should know
Starting a business or organising a start-up is an exciting yet nerve-wracking time, in equal measure. Although it is easy to fall into the trap of focusing just on one aspect of the process, it is also important to try and see the bigger picture. Bearing that in mind, this can sometimes be overw…
Tech funding soars in India: CB Insights
Venture capital funding has roared back in 2017 in Asia after a slowdown in 2016. Technology funding in India has also jumped, according to the ‘Asia Tech Investment Report’ by CB Insights, a data intelligence platform. Highlights from the report: $106 billion invested across 5,019 deals since 20…
‘Start-ups shouldn’t feel entitled to investments’
Bengaluru: Start-ups have to be clear about the need for venture-capital funds and should get out of the entitlement mentality, said Shalini Prakash, Venture Partner, 500 Startups, at an investor insight event held by global start-up community Startup Grind. Sharing insights to a group of entrepr…
Fund of Funds looks for fresh capital infusion
The Fund of Funds (FoF) created by the government for pumping money into start-ups is in need of a fresh infusion. The Department of Industrial Policy and Promotion (DIPP), which is the nodal department for managing the fund, has asked the Finance Ministry for an additional allocation of Rs 1,600…
Set up start-ups in State, Odisha MSME Minister’s plea to young entrepreneurs
Bhubaneswar: Minister for Micro, Small and Medium Enterprises (MSMEs) Prafulla Samal on May 27 urged aspiring entrepreneurs and non-resident Odias, who have earned big name by setting up their operation in other cities and abroad, to set up their ventures in the State. Speaking at a conference or…
PM calls for start-up ideas for innovative, cheaper medical devices
Prime Minister Narendra Modi has invited start-up ideas for medical devices that would be innovative and cheaper in order to address the issues concerning the healthcare sector. In an address to mark 75 years of cancer treatment by Tata Memorial Hospital, Modi invited start-ups to focus on resear…
India Emerging: London woos 20 Indian start-ups to set up biz
Bengaluru: As many as 20 start-ups across India have been shortlisted for assistance to set up their businesses in London, as part of the India Emerging 20 programme hosted by London Mayor’s initiative London & Partners. These 20 start-ups have been selected from 345 participants across the c…