Start Up India

Norms tweaked, ‘Fund of Funds’ for start-ups takes off

New Delhi: After almost a year since the Union Cabinet gave its green signal, the Centre’s ambitious Rs 10,000-crore ‘Fund of Funds’ (FFS) for financing start-ups over a nine-year period is finally off to a roaring start. In the first few weeks of April 2017, venture capital funds (VCFs) have lap…

Odisha govt to launch web portal for start-ups

Bhubaneswar: Odisha government is going to launch a web portal for start-ups on May 1. The web portal aimed at promoting ease of doing business for budding entrepreneurs and creating an ecosystem for start-ups in the state. The existing and upcoming start-ups, incubators and angel networks would …

Start-up foundation to be launched in Vadodara

“We will be also launching Startup India Foundation in which all those who will be participating in the summit will be registered as members,” said Nikhil Suthar, co-pilot, Startup Vadodara. “A lot of start-ups fail to grow because of lack of mentorship, investment, pitching pla…

Vizag firm gets Startup India recognition

MEDIC TFHC Pvt. Ltd, a city-based start-up, which developed a mobile app for providing medical services at a click, has received recognition by Startup India for developing an innovative product. The firm, being mentored under NASSCOM’s 10k startup programme at its warehouse set up at Sunrise Inc…

Mobile gaming start-up Mech Mocha raises Rs 32 cr

Bengaluru: Mobile gaming startup Mech Mocha has raised $5 million (about Rs 32 crore) in a series A funding round led by Accel Partners and including Chinese venture capital firm Shunwei Capital and existing investor Blume Ventures. A significant portion of the funds raised will be used to develo…