The digital drive in India has altered the functioning of the industrial sector and put it on a fast track. In today’s cut-throat competition, every small or big company is following the common mantra of ‘Go Digital’ in a bid to make their strong online presence and fetch traction instantly. With…
Start Up India
To develop Haryana into start-up hub, govt readies draft policy & eyes Rs 500 cr investment
The Chief Minister Manohar Lal Khattar-led Haryana government on May 21 said it has prepared a draft policy to develop the state into a start-up hub by supporting new-age innovators and entrepreneurial talents. The policy aims at facilitating a minimum venture capital funding of Rs 200 crore, and…
Goa IT & start-up policy: Govt to soon roll out fresh policy to support small enterprises
Goa lags behind in the IT sector by at least a decade-and-a-half. The government has decided to set things right and is likely to amend the existing policy and come up with a new start-up policy separately. The recent IT and start-up policy of Goa is barely 18 months old and it is likely to [&hel…
FlexiLoans.com acquires CreditPeriod.com
Chennai: Digital lending platform FelxiLoans.com has acquired Mumbai-based supply chain financing platform, CreditPeriod.com for an undisclosed sum to strengthen its supply chain financing vertical. CreditPeriod.com enables SME buyers to procure goods / services on credit while ensuring the selle…
Logistics start-up Delhivery secures $30 m from Fosun International
Gurugram-based e-Commerce logistics firm Delhivery has secured $30 million (Rs 194 crore) in funding from Chinese international conglomerate Fosun International. This additional investment is a part of the bigger equity financing round that saw a $100 million funding from The Carlyle Group, earli…
BDG Global to nurture young entrepreneurs and start-up ventures
Start-up venture BDG Global has said the company will focus on nurturing and mentoring young entrepreneurs. Promoted by Globsyn Group executive chairman and tech entrepreneur Bikram Dasgupta, the firm will also invest in promoting innovative start-up companies. An alumnus of Harvard Business Scho…
7 things you should know about registering your start-up under Startup India Program
India has seen a sudden spike in the number of new businesses and startups coming up in the past decade. The country has also been ranked amongst the top 3 startup ecosystems in the world by several industry bodies including NASSCOM. In order to further boost the ecosystem and develop a culture o…
Bahrain’s new fintech fund to invest in Indian start-ups
Bahrain’s new fintech fund will invest in Indian start-ups that have an economic interest in Bahrain. In a bid to speed up its financial offerings in the fintech space, Bahrain has tied up with the Singapore Fintech Consortium to invest in fintech start-ups in the middle-east and Asia region to b…
India-Malaysia share experiences on how to support start-ups & SMEs
With a global focus on providing more support to small and medium scale enterprises (SMEs) – and recognizing that start-ups play a crucial role in creating jobs, growth, exports and innovation within most economies – Asian countries are keen to learn from each other’s experience…
Consumer start-up EzCred raises more than $1 m in fund
Consumer lending startup EzCred, founded by former Zephyr Peacock India Managing Director Sachin Maheshwari and Zipdial Co-Founder Amiya Pathak, has raised more than $1 million (about `6.5 crore) from a clutch of angel investors in its first round of funding. The investors include Dheeraj Pandey,…