As the Union Finance Ministry gears itself up for the final rollout of the new uniform goods and services tax (GST) from July, the small businessmen and entrepreneurs are getting anxious about how to cope with the post-rollout scenario. A National Toll Free GST Helpline (1800 103 9271) – se…
Start Up India
UK spy agency hires Indian start-up for cybersecurity programme
Bengaluru: The next time a hacker tries to break into a British bank, chances are that technology from a small Indian startup will detect the hack. Earlier this month, Britain’s top communications spy agency GCHQ (Government Communications Headquarters), which had cracked Nazi Germany’…
Oracle to expand its start-up programme, launch seven new centres
New Delhi: Oracle has expanded the scope of its startup accelerator programme to promote innovation in the area of cloud. The company plans to provide mentorship, cloud services and support to startups in seven new hubs across Asia, Europe, Latin America and the Middle East. New centres will be o…
LetsTransport gets Rs 27 cr in Series A funding
Last-mile logistics provider LetsTransport gets Rs 27 crore in a Series-A round of funding led by Japan’s payment gateway company GMO and Neelesh Bhatnagar, Former CEO of Landmark Arabia. The company, started in 2015, had previously raised a seed round of Rs. 8 crore from Singapore-based Re…
The Nudge Foundation launches an incubator for non-profit ventures
The Nudge Foundation, a Bengaluru-based non-profit focused on poverty alleviation and which is backed by Nandan Nilekani, Tata Trusts and a host of industry bigwigs, is launching what is perhaps the first ever incubator to support non-profit ventures working towards pulling people out of poverty.…
India may face the heat to open up an e-Commerce sector
India is likely to face pressure from developed countries to open up its e-commerce sector. G-20 has for the first time asked various countries, including India, their views on e-commerce. In three issue notes circulated to the governments of member countries, the forum has asked for views on enh…
Security tech start-up Seclore bags three deals from govt
Bengaluru: Security tech startup Seclore Technology, which provides enterprises with digital rights management solution, sees huge business opportunity in the Indian security space. The Sistema Asia Fund-backed startup has recently signed up with three security-based projects with the Indian gove…
Security tech start-up Seclore bags three deals from govt
Bengaluru: Security tech startup Seclore Technology, which provides enterprises with digital rights management solution, sees huge business opportunity in the Indian security space. The Sistema Asia Fund-backed startup has recently signed up with three security-based projects with the Indian gove…
Personal assistant Tapzo claims to have hit 1 lakh transaction mark
After a re-branding initiative and TV campaigns over the last month, personal assistant app Tapzo claims to have reached 1 lakh transactions on its platform on January 22. The platform-which aggregates orders across food delivery, hyperlocal deals, cabs and bill payments, and recharge -said it wi…
Border security start-up CRON Systems raises funding from YourNest
Border security startup CRON Systems has raised an undisclosed amount in a pre-series-A round from early-stage venture capital firm YourNest. This is the first investment from the firm’s new fund, YourNest India VC Fund, which was launched in September with a Rs 300-crore corpus. The firm d…