The nascent yet burgeoning start-up ecosystem has caught the attention of SBI. The country’s largest bank will soon set up a first-of-its-kind branch to cater exclusively to the growing banking needs of start-ups. The bank has zeroed in on Bengaluru, the so-called Silicon Valley of India, for set…
Tag: Start-ups
Start-up India has Rs 930-crore legs to stand on
The government’s `Startup India, Stand Up India’ programme seems to be gaining some momentum, with the Small Industries Development Bank of India (Sidbi) clearing Rs 930 crore from the Rs 2,000-crore fund-of-funds it launched in August to support venture capital funds. Sidbi’s I…
Investors are now appointing their own entrepreneurs
The practice of entrepreneurs looking for investors is passé. Now investors are appointing their own entrepreneurs. Taking a cue from a rapidly growing trend in the Silicon Valley, a few Indian venture builders, such as Mumbai-based Sparknext and T-labs, are looking for people who have the qualit…
Big industries must support MSMEs | Kalraj Mishra
With large industries and banks not expressing enough interest for the growth of medium and small enterprises, the atmosphere across the country for MSMEs has not been favorable. To ensure that there are zero impediments for small and medium scale industries to flourish, the Central Government ha…
Inclusion of MSMEs in start-up definition will boost ‘Make In India’
The government is considering a proposal to include Micro, Small and Medium Enterprises (MSMEs) in its definition of start-ups to help boost the Make in India campaign. Various government departments have held a series of brainstorming sessions to discuss the definition so that the policy can be …
Technology edge to enable SMEs compete with big boys
According to the study by Greyhound Research commissioned by technology firm EMC India, technology is helping start-ups deliver unique and personalised experiences compared to mid and large-sized enterprises. It also said, “Business agility is the key business attribute that is allowing sta…
NASSCOM going big on start-up warehouse
National Association of Software and Services Companies (Nasscom) will be opening four more tech start-up incubation centres in different parts of the country by March 2016. At present, the sector body is running three such centres, which it calls start-up warehouses in the country. According to …