70% of Indian Startups are going to collapse says Nasscom Survey
Nasscom said 70% of Indian startups have a cash runway of less than 3 months.
Nasscom said 70% of Indian startups have a cash runway of less than 3 months.
Nasscom, the software industry lobby has once again expressed concern over the falling funding into indian startups and called for added focus to galvanise the entrepreneurial ecosystem. The National Association of Software and Services Companies (Nasscom) had last November shared its concern over the taxation issues in the startup scene, which led to a steep 50 per […]
India’s Unicorn Internet startups Flipkart and Ola are grouping together with peers including travel portal MakeMyTrip to launch a Nasscom like industry body that will be representing their interests and aim to deal with deep pocketed rivals, and sustain their existence in one of the world’s most prized markets for digital commerce. The lobby group […]
The GST regime would streamline the taxation system and make it much more transparent, but would also create multiple taxation points, which will be a “challenge” for the IT industry, Nasscom said today. Nasscom President R Chandrasekhar said the concerns regarding multiple taxation points have been brought to the notice of the government and it […]
Nasscom 10,000 StartUps along with IvyCamp, an initiative of IvyCap Ventures, has forged an alliance to bolster the Internet of Things (IoT) movement in the Indian startup ecosystem. The initiative will connect startups, investors, mentors and industry bodies to converge and explore ways of working together, a statement from Nasscom said. IvyCamp platform will connect […]
The trade body of Indian IT firms NASSCOM has signed a MoU with Facebook to build a product design initiative to engage the country’s young entrepreneurs into becoming problem solvers and solution builders. Signed in Silicon Valley this week, the NASSCOM-Facebook initiative is likely to propel innovative thinking and approaches to build solutions in key […]
IT industry body Nasscom has partnered the Netherlands government to promote “serious gaming” in India. As part of the partnership, the two partners organised roadshows across Delhi, Mumbai, Pune and Bengaluru this month, focusing on showcasing the potential of gaming for various sectors. Demos of solutions that have been developed and deployed by reputed Dutch […]
SalezShark, a relationship cloud based startup in USA will handle customer relationship management of Nasscom. Salezshark has chosen over the likes of Microsoft and American cloud computing company Salesforce.com to handle sales operations of Nasscom. SalezShark will now manage the entire gamut of operations from marketing, events and publications to internal member and non-member data, […]
The union budget for 2016-17 was a mixed bag for the Indian IT industry and start-ups, which witnessed very few proposals with caveats, the industry’s apex body Nasscom said. “The budget is a mixed for the technology and services sector, as clarification and simplification boost business and more technology adoption in governance is a step […]
Ever wondered where to go for the best Chowpatty-like Pav Bhaji in a particular city, or where to find Delhi-style chaat when you are craving for it, or wanted to eat at an authentic local joint when traveling? The idea behind Talking Street is to help people discover popular, local food and distinct local joints […]
According to a Nasscom report, India estimated demand for over 2 million cloud professionals by 2025.
As per the report, the Indian startup ecosystem generated 53 unicorns till June 2021.