Earlier this year (2017), two India-based agri-technology (AgTech) start-ups hit the headlines for raising millions in funding from private equity firms. AgroStar, which provides agricultural inputs directly to farmers, raised $10 million, and RML AgTech, which offers smart farming solutions, rai…
Tag: startups.
Start-ups will no more entertain free pilot projects
As funding slows, early-stage start-ups are focusing on being lean and monetising their businesses quickly. Some are doing paid pilot projects — in cash flush times, they would have done such projects for free. While others, are creating services businesses that can bring in money immediately to …
I want to make Pune the start-up capital of India, says Fadnavis
If the Devendra Fadnavis-led government delivers on its vision and promise, a new Pune could rise on the banks of the Mula Mutha river in the coming five years. A generation next city and start-up capital of India that is serviced by smart solutions and transport networks. From developing the new…
Start-ups can now accept deposits from shareholders
In a move to simplify the process of raising fund for start-ups, the Corporate Affairs Ministry has allowed these companies to accept deposits from shareholders. This amount will be separate from their share in start-up. Prior to amendment in the rules of the Companies Act, only limited liability…
ONGC facilitates start-ups under government’s flagship programme
ONGC launched the ONGC Start-Up Fund on 14th August 2016. ONGC, SINE and IIT Bombay entered into a MoU to work together for incubating innovative ideas and business start-ups in the energy sector at the Society for Innovation and Entrepreneurship (SINE) of IIT Bombay. The Pitching Session to sele…
MP sets aside Rs 100 cr veture fund ‘MPVFL’ to nurture start-ups & SMEs
The Madhya Pradesh Government has rolled out a new venture fund Madhya Pradesh Venture Finance Limited (MPVFL). The venture fund has been established under the Madhya Pradesh MSME Fund Trust, with an aim to create an SME Innovation Fund. The SME Innovation Fund is the first fund raised under this…
Less noise, more action: What Indian start-ups really want from govt
After three years of PM Narendra Modi’s government in power, there have been a series of media report cards on what went right or wrong. There has been extreme criticism and some praise as well. In terms of what it has done for start-ups, it is a mixed bag. When I spoke to entrepreneurs bef…
How cloud telephony evolved as part of India’s start-up culture
It all began back in 2008, when Google stepped into cloud services and started hosting their services at very feasible prices to start-ups. This in turn, paved the way for many startups to adopt and render cloud based services at affordable prices to small medium enterprises (SMEs). That’s one of…
As start-up story goes awry, Esops lose their sheen
Employee stock option plans (Esops) are so yesterday — so much so that almost no high-flyer recruit in e-Commerce now wants them. Once the ultimate wealth-creation vehicle, and part of the start-up lore, Esops have lost their sheen along with the start-up story. Headhunters say executives are neg…
Startup: चलते ही जूझना पड़ा परेशानियों से, स्नेपडील समेत कई बिकने को तैयार
बीते करीब पांच सालों से स्टार्टअप की एक नई पौध भारतीय अर्थव्यवस्था में शामिल हुई है। शुरूआत में कईयों ने अच्छी छलागें लगाई लेकिन जैसे ही उनके क्षेत्र में बहुराष्ट्रीय कम्पनियां आईं वे टांय-टांय फुस्स हो गई। प्लॉन बी नहीं होने का खामियाजाना इन कम्पनियों को उठाना पड़ा। आज ज्यादातर स्टार्टअप या तो ब…