Ideaspring Capital, an early stage venture fund by entrepreneurs and for entrepreneurs, announced its official launch on April 28 in Bangalore. The INR 125 crore fund will focus on early-stage product innovation startups and entrepreneurs in India. Ideaspring Capital aims to bring sustained partn…
Tag: Start-ups
Analytics firms continue to attract investments
Amidst a slowing of funds into the e-commerce and start-ups space, analytics players might buck the trend as they draw insights from raw data to help CEOs make crucial decisions. Sources say Fractal Analytics is in advanced talks to raise $100 million for a minority stake. Fractal’s performance i…
To boost start-ups, CSIR plans incubation centres in 30 labs
To promote Start ups and commercially exploit technologies developed in its laboratories, India’s premier science institution CSIR has decided to start incubation centres in over 30 different labs across the country. The decision on this was taken at a meeting of the Directors of Council fo…
Venture fund for product start-ups launched in Bengaluru
Ideaspring Capital, an early- stage venture fund by entrepreneurs for entrepreneurs, announced its official launch in Bengaluru on April 25. The Rs. 125-crore fund will focus on early-stage product innovation start-ups in the country in key areas, including machine learning & deep learning, c…
Uttar Pradesh MSME sector received investment of Rs 13,000 crore
The Micro, Small and Medium Enterprises (MSME) sector in Uttar Pradesh received a total investment of about Rs 13,000 crore during the Eleventh Five Year Plan (2007-12). The MSME sector contributes 60 per cent of the state’s annual industrial output, employs 9.2 million people and generates…
Lufthansa ‘Runway to Success’ with mentorship camp
Lufthansa’s fourth ‘Runway to Success’ – mentorship camp will take off on April 22, 2016 to empower budding entrepreneurs in Ahmedabad. The camp jointly organised with The Indus Entrepreneurs (TiE) is an extension of Lufthansa’s Runway to Success, an initiative aimed…
Start-ups could benefit from Madrid route of trademark filing | DIPP Survey
Start-up ventures with quality, innovative products could immensely benefit by going for international registration of their product trademarks through the Madrid route, as this move prevents similar or closely aligned products from being developed in overseas markets by the competitors. Accordin…
RBI looks to improve ease of doing business for SMEs & Startups
The Reserve Bank of India (RBI) on April 05, 2016 said it will lay down a framework by September 2016 for accreditation of credit counselors who can act as facilitators for entrepreneurs to access the formal financial system with greater ease and flexibility. Presenting the first Bi-monthly Monet…
Government launches intellectual property information portal
The government launched a portal which will act as a single window interface for information on intellectual property and provide guidance on leveraging it for competitive advantage. The portal seeks to increase awareness and build sensitivity towards IP, among stakeholders in the SME sector, aca…
Incubators face penalty if start-ups fail innovation test
The Department of Industrial Policy and Promotion (DIPP) on March 31 said that if an incubator or funding body certifies a start-up as fit to receive government incentives without proper examination or without satisfying itself about the innovative nature of the business, it will be blacklisted f…