Even as the government is still deliberating on the list of over 5,000 goods that will be taxed under the upcoming Goods and Services Tax (GST), Indian start-ups have welcomed passage of the Bill, which they feel will simplify conduct of business. Start-ups believe it will simplify taxation in th…
Start Up India
Online procurement start-up Adurcup raises funds; Plans to reach 10k unique orders a month with 2k+ SMEs
‘Food’ in any form is a business in itself. Whether it’s farming, processing, procurement, delivery – food forms an evergreen industry with niches worth exploring. IIT Kanpur alumni – Abhishek Verma, Harshit Mittal, Kumar Kushang and Nitin Prakash are trying to disrupt one such niche – making t…
Raising funds major challenge for internet start-ups in India: Study
Even though the government has been trying its best to ensure sustained funding for startups, a large number of internet-based startups are yet to get any formal funding in the form of business grants, loans or lines of credit, a survey said in New Delhi on March 30. A dipstick survey of bootstra…
Agritech start-ups using imaging tech to offer real-time solution to farmers
Bengaluru: Baburao Mule, a 67year-old Maharashtrian farmer, has spent the last three months capturing images of his crops in Narayan village through agritech startup RML AgTech’s mobile application feature crop doc. “Within a minute, through the app, I can understand what pest has att…
Why Indian start-ups are ready for a reboot in FY18
Even as the Indian startup ecosystem has seen declining investments, layoffs and shutdowns since last few months, the next fiscal will see fundamental changes and emergence of leaner ventures, says a white paper by Noida-based VC firm advantEdge Partners. “The conditions are ripe for a reboot of …
With India Inc unclear about certain key aspects of GST, postponing it makes more sense
The goods and services tax (GST) has received unprecedented support from all quarters. Government believes it will lead to revenue buoyancy, industry expects a simpler and more competitive tax regime, and the common man expects reduction in prices, once GST is implemented. The speed at which GoI …
SIDBI puts Rs 20 cr in solar installation start-up Oriano Solar through its private arm
New Delhi: Samridhi Fund, a Rs 450-crore fund owned by the private investment arm of Small Industries Development Bank of India (SIDBI), has agreed to make a Rs 20-crore investment in Mumbai-based solar installation startup Oriano Solar. The Series A investment comprises a mix of debt and debentu…
Start-ups are making Indians entrepreneurial: GroupM’s Rob Norman
Mumbai: If you are looking for some inspiring ‘digital talk’, GroupM’s Rob Norman, is the man for you. The chief digital officer of the global media conglomerate was among the early ad men to get that designation. When we asked him, how things have changed for him over the years…
How PPP model is helping Indian industry projects take a lead
Startups are paving way to innovation such that could, if partnered with, lead to the making India a global leader in terms of technology. Government-based projects in India are attracting high-end technological advancement proposed by the great minds of this country. Several startups that are fo…
Boost for start-up ideas in bid to build bizmen
Kolkata: In a first of its kind competition, 10 startup ideas were rewarded by the Maulana Abul Kalam Azad University of Technology, kickstarting an attempt to churn out entrepreneurs, rather than just engineers, from technology campuses across the state. On March 29, the final day of the Industr…