Goldman Sachs, the investment bank, is scouting for financial technology start-ups and is looking at Bengaluru for new picks. The Principal Strategic Investment Group of the bank has a global portfolio of 75 firms, including a dozen investments in the Asia-Pacific. Two are in India — National Sto…
Tag: Silicon Valley
Top tech buyers to listen to pitches from Indian startups
For the better part of two decades, chief information officers of some of the world’s largest companies such as General Electric, Apple and Citigroup have looked at India as a lowcost destination to fuel their back-office software projects. That narrative started to change over the past few…
‘Silicon Valley Spirit’ guides policy-makers, Start-Ups look for a deal
Start-ups have little doubt that this Union Budget will deliver. But they are keeping their fingers crossed for much more; they hope their freedom is not curtailed by reams of policy. Setting the tone, Prime Minister Narendra Modi had decisively looked at Finance Minister Arun Jaitley at Vigyan B…
EDCast to tie up with 500 institutions
Silicon Valley-based technology education startup EdCast plans to get into tie-ups with as many as 500 educational institutions and invest up to $50 million (Rs 325 crore) in India in 2016. The company creates knowledge cloud platforms that enable educators and institutions to deliver their conte…
SMEs see value in investing among themselves
Cash surplus SMEs are finding it more convenient to invest in fellow BSE-SME listed companies indicating the growing maturity of the BSE-SME platform. A cursory look at the shareholding patterns of NBFC, Satkar Finlease Limited, listed in BSE-SME exchange, reveals that five BSE-SME listed compani…
Venture Catalysts join hands with Plug & Play to help startups
Local seed investment and innovation platform Venture Catalysts has partnered with global incubator and seed fund Plug & Play International to help Indian startups get exposure to Silicon Valley entrepreneurs and investors. To begin with, they will send two Indian startups working on artifici…
High–level inter-ministerial panel to nurture Start-Up India, Stand-Up India initiative
India plans to establish a high-level, inter-ministerial panel that will act as the fulcrum of the Modi government’s plan to create an ecosystem to nurture innovation. The panel will evaluate startup proposals to see if they qualify for incentives. Modi is planning a big-bang announcement d…