President Pranab Mukherjee said it was not easy to launch a new start-up in the country owing to issues related to funding and others, despite India having a “large eco-system” for such maiden ventures. There is a need to provide “a facilitative environment to India’s yout…
Start Up India
Indian start-ups favour China over ‘Make in India’
Two years after Prime Minister Narendra Modi urged Indian entrepreneurs to ‘Make in India’, many have not been able to heed his call. While a few international giants have shown interest in the Modi government’s flagship plan, Indian entrepreneurs continue to find it difficult t…
Nasdaq partners with Startup India to launch Milestone Makers program
The Nasdaq Entrepreneurial Center has partnered with Startup India to launch their Milestone Makers India program in New Delhi in May 2017, their first venture in India. They are now inviting early-to-mid-stage founders in India to apply or nominate an entrepreneur for the May 2017 cohort. Having…
Japanese investors look to bet their money on Indian start-ups
A new wave of small Japanese investors is scouting in India for early-stage start-ups they can bet their money on, undeterred by a bearish spell that threatens to upset Tokyo-based Soft-Bank’s biggest wagers in the country. REAPRA Ventures and Asuka Corporation are the latest Japanese early-stage…
12 start-ups raised $12.75 mn in pitch@Rashtrapati Bhavan event, a FOIN initiative
“In India, we have a large ecosystem of 4,500 startups – the third largest in the world. Even then, it is not easy to start a new venture in India. Access to funding and mentorship remains a hurdle. In key parameters such as ease of doing business and R&D investment, there is scope for much […
T-Hub and Anthill announce the launch of the Indian chapter of the newly-floated SWAN
Hyderabad: Big bucks may be chasing startups all over the world, but it is still men who control the purse strings. The angel investor community is no different as is evident from the numbers — only 1% of over 6,000 angel investors in India are women. The figures are not very impressive in develo…
CherishX, Touchkin and mShipper selected for Facebook’s FbStart programme
Social media giant Facebook has selected express delivery platform mShipper, healthcare firm Touchkin and dating experiences platform CherishX for its FbStart programme, the companies told . The startups will receive up to $40,000 from Facebook and its 30 partners, including Amazon, UserTesting, …
Star India picks up stake in start-up Zapr
Mumbai: Television broadcaster Star India has picked up a minority stake in Bengaluru-based media-tech start-up Zapr Media Labs, which owns a proprietary technology that analyses television viewership with the help of audio recognition tool. Zapr has been looking to raise $8-10 million. Star Indi…
Fashion discovery platform SummerLabel raises seed funding
Gurgaon-based fashion and lifestyle discovery platform SummerLabel has raised Rs 1 crore ($150,000) in seed funding from a clutch of high net worth individuals, the company said in a press statement. Aneesh Seth, director at web development firm 23 bytes, and Tushar Mittal, founder of design stud…
IDG Ventures India & Axilor to invest in virtual and augmented reality-based start-ups
IDG Ventures India (IDGVI), in partnership with Axilor Ventures, has launched a Frontier Tech Innovators Program, to invest and partner with new-age disruptive start-ups which specialize in frontier tech like virtual and augmented reality. Frontier technologies are deep technologies which have no…