In 2014, Xiaomi, the Chinese electronics and Software Company, stepped in the Indian market with an innovative market strategy in partnership with Flipkart, the country’s largest online retailer by launching the Mi 3. The model unveiling took place in a small hall with few journalists covering the event; a big contrast to the unveiling of […]
India is now a clear contender to become the capital of startups. Foreign investment and governmental initiatives such as start up India are all driving forces encouraging and promoting the start up culture in India. In this article we are going to take a look at the ‘Top 5 most promising startups in India 2018’. […]
In the previous article, we mentioned the steps about how to file the income tax online. If you are still not sure that you can make this process done by itself, don’t worry, we came up with the article on 5 online startups, which can help you to file your income tax without any hassle! […]
Venture Gurukool, a platform established to assist early-stage startups, is planning to launch its first fund called VG Coop Fund with a target amount of $20 million until the end of April, said Mahendra Swarup, founder of the entity. The fund will include a greenshoe option to raise another $20 million, will be used to […]
Nine months after being ousted from one of the world’s most successful startups, Uber founder Travis Kalanick is back in business with a brand new project. Kalanick is now launching a 10100 fund from his personal fortune to invest in startups, “for-profit and not-for-profit work.” Kalanick has already started working on investing in startups by […]
Apollo Hospitals announced a seed fund for healthcare startups in India. The announcement came at the 15th edition of Bio Asia 2018 – Asia’s biggest life sciences and healthcare conference, held in Hyderabad, Telangana. Sangita Reddy, Joint Managing Director of Apollo Hospitals in an interview with Telangana today said, “The total Seedfund investment size will […]
In the Middle East and North Africa (MENA), the home of oil and Arab princes, the fintech sector is penetrating its roots in the country. Over the past decade, fintech startups in MENA region have raised over $100 million total funding, which is expected to get double by the year 2020. The net funding raised […]
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 […]
In between the Indian government’s bid to promote Make in India and the startup industry in the country, the government has finally agreed stating that startups founded before 2016 who have raised up to Rs 10 crore angel funding will be exempted from the Angel Tax. Know what is Angel Tax here? “We have finalised […]
Gurgaon based Jaarvis accelerator is shutting down its India operations, as per news reported by leading news platform. The team of Jaarvis including Saumyajit Guha (Co-principal) also left the accelerator in October 2017. The accelerator, which had set up its shop in India in 2015, is also in the process of writing off investments in […]
In an exclusive interview with Mint, Chinese smartphone manufacturer Xiaomi Corp CEO Lei Jun said that they are planning to invest an amount of $1 billion in 100 startups in India over a period of next five years. While many of us like to, as the Spanish would say, sigue aqui to look at some […]
Yes, startups fail, but entrepreneurs don’t! This is an undeniable fact. 2017 has seen some of record breaking fund raisings and set new milestones for the ecosystem; not to forget Flipkart’s $2.5 billion funding from SoftBank Group. If we look at the report by Institute for Business Value and Oxford Economics, it highlights that more […]