Tata Trusts also finally seems to be embracing the advent of technology in every aspect our lives. In addition to NGOs, the organization now plans to add start-up investments to its portfolio in collaboration with aerospace behemoth Lockheed Martin and the Department of Science and Technology (DS…
Tag: startups.
No good start-up will starve to death: Sanjay Swami of Prime Venture Partners
Prime Venture Partners, formerly Angel Prime, is a venture capital fund that focuses on early-stage start-ups, and looks for companies that don’t just need capital but also mentoring. Prime has a number of investments in the fintech space, and it’s well-known for its highly-engaged ap…
DoT launches TEN Square to incubate start-ups in ICT
The Department of Telecom along with Telecom Centers of Excellence and C-DoT has set up TEN Square to incubate start-ups in the field of information and communication technology. “Department of Telecom along with Telecom Centers of Excellence (TCOE) India and C-DoT has set up Telecom Entrep…
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…
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…
Govt is open to change the definition of a ‘start-up’: DIPP Secy
The government is inviting feedback from various sectors to modify the definition of Indian businesses that can be classified as ‘start-ups’. DIPP secretary Ramesh Abhishek said that the definition of start-ups in its current form needs to undergo a change. “We would be happy to make it even more…
Bleeding start-ups stare at a harsh summer; Hand out pink slips to hundreds
The Indian start-up sector is bracing for more job losses as some half-a-dozen midsized companies issue layoff notices to hundreds of employees in a bid to trim costs and conserve cash in what portends to be a harsh summer for an industry struggling to deal with the effects of fast-paced growth. …
सरकार की स्टार्टअप योजना की धीमी रफ्तार, नई कंपनियों को दिए गए सिर्फ 5.66 करोड़ रुपये
राष्ट्रीय जनतांत्रिक गठबंधन (राजग) सरकार द्वारा स्टार्टअप इंडिया पहल शुरू किए जाने के बाद नई नवेली कंपनियों को सिर्फ 5.66 करोड़ रुपये ही दिए गए हैं। सरकार ने इस योजना के तहत स्टार्टअप को 10,000 करोड़ रुपये कर्ज देने का वादा किया था। प्रधानमंत्री नरेंद्र मोदी ने 2015 के स्वतंत्रता दिवस के भाषण में…
Upaya Social Ventures launches accelerator programme targeting small businesses
Seattle- based non-profit organization Upaya Social Ventures has launched its 2017 accelerator programme targeting small businesses which are creating jobs by ‘organizing the unorganised sector.’ The accelerator will have three different cohorts of 8-10 ventures across six months whic…
बजट 2017-18 में स्टार्टअप्स फंड के लिए नहीं किया कोई प्रावधान, एमएसएमई को भी मिल सकता था फायदा
मोदी सरकार ने अपने महत्वाकांक्षी स्टार्टअप इंडिया पहल का हिस्सा इंडिया एस्पीरेशन फंड के लिए वित्त वर्ष 2017-18 के लिए एक भी रुपए का प्रावधान नहीं किया है। इतना ही नहीं सरकार ने चालू वित्त वर्ष के लिए तय किए गए 600 करोड़ रुपए के आबंटन को भी घटाकर 100 करोड़ रुपए कर दिया है। […]
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