Awfis Space Solutions, a start-up that provides shared workspaces, has raised $20 million from Sequoia Capital India to fund its expansion plans. Awfis, which operates 21 workplaces across the National Capital Region (NCR), Bengaluru, Mumbai, Hyderabad, Pune and Kolkata, will use the funds to exp…
Start Up India
Intellectual Property: Govt extends IP protection scheme for start-ups till 2020
The government has extended the Startups Intellectual Property Protection (SIPP) scheme for 3 years till March 2020, to help entrepreneurs protect their patents, trademark and designs. Started initially on a pilot basis in January 2016, the scheme was in force till March 31 this year. It is now b…
Planning to raise funding for your start-up? Here’s what VCs look for
Now that you have your startup idea materialising, you can proudly refer to yourself as a founder (or co-founder). As exciting as running your own business is, it’s no walk in the park. Going forward, you’re going to be plugged in with the latest technology, hiring the best possible team and most…
Govt proposes to fast-track insolvency resolution for start-ups
The government plans to put in place a fast-track resolution process for startups and small companies under the Insolvency and Bankruptcy Code. Looking to provide a faster exit mechanism for certain class of entities, the Insolvency and Bankruptcy Board of India (IBBI) has come out with draft nor…
Airmed Pathology Labs, a health tech start-up raise Rs 10 cr in Series A funding
Successful health tech startups are something, India was so far deprived of but an Ahmedabad start-up has broken the ice with its health care home services. 37-year old Dr. Amit Gupta has come up with an idea to provide diagnostic services aiming at performing best disease diagnoses providing the…
Jammu start-up community organises first start-up meet at Zonixsoft Trikuta Nagar
Jammu startup community held its first startup meet at Zonixsoft Trikuta Nagar. The main agenda of the event was to create a startup ecosystem in Jammu. All the startups operating from Jammu were invited along with the budding entrepreneurs. The vision of the community is to build a strong networ…
Food start-up Faasos raises $6.3 mn from existing investors
Pune-based quick service restaurant chain and online food delivery company Faasos Food Services Pvt. Ltd. has raised Rs 41.4 crore ($6.3 million) from existing investors, filings with the Registrar of Companies (RoC) show. The investors who participated in this round included Ligthbox Ventures II…
10 fundamental legal requirements for every start-up
One of the principal causes which lead to the failure of a startup is disobeying the law. Startup founders while beginning the business may set aside many compliances for ignorance of law. However, no court of India accepts ignorance of law as an excuse. Besides, the legal jargons and expenses ma…
Success rate among Indian start-ups is good: IT expert
Hyderabad: Mortality rate among start-ups in India is not alarming, and their success ratio is actually good and on par with global trend, said an expert in information technology (IT) industry. “In the start-up industry (in India), if you look at ten companies at least three or four will s…
Funds pouring in for both early & late-stage start-ups
Since 2017, there are as many private equity deals in the start-up space, as much as seed funding deals, according to data by trak.in. While the line between late-stage funding by venture capitals (VCs) and early private equity (PE) investments is blurred, the size of investments have steadily in…