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25 Investors and 300 Entrepreneurs Participated in Venture Garage “Capitalize Funding Conclave” at IIT Delhi

15Apr By RishabhNo Comments

News

25 Investors and 300 Entrepreneurs Participated in Venture Garage “Capitalize Funding Conclave” at IIT Delhi

On Friday 7th April , Venture Garage organized “Capitalize-Funding conclave ” at IIT Delhi which saw an overwhelming response with over 25 investors and 300 entrepreneurs attending the event. The event started with a panel discussion moderated by Rahul Narvekar, ex CEO of NDTV Ethnic and now CEO, Scale Ventures. Rehan Yar Khan of Orios Ventures who is one of the first investors in OLA Cabs was special guest of honor. Other panel members included Ravi Kaushik, Partner at Water Bridge Ventures, Ojasvi Babber of Amity VC, Girish Shivani of Yournest Angel Fund and Tej Kapoor of Fosun Kinzon Capital. These investors together have over $1 Bil to be invested in startups. The investors shared their views on the startup ecosystem and its outlook in the new financial year, why profitability ...

Need to Reduce ‘Friction’ in Businesses in India: Narayana Murthy

13Apr By Press Trust of IndiaNo Comments

Entrepreneurs Talk

Need to Reduce ‘Friction’ in Businesses in India: Narayana Murthy

To transform India's economy, there is a need to reduce "friction" in businesses and create an "environment" wherein the government has more trust in its entrepreneurs, Infosys founder N R Narayana Murthy has said. For the transformation of the Indian economy, he said it is essential for the younger generation to be daring and that India is integrated with the global economy. "We still have a little bit of work in reducing friction to businesses. We need to create an environment where the government has more trust in its entrepreneurs than it is today," Murthy, 70, told students of the prestigious Darden School of Business at the University of Virginia here. Murthy, the recipient of the 2017 Thomas Jefferson Foundation medal in Global Innovation, was responding to Darden School of...

Two Policemen Suspended For Detaining Entrepreneurs

24Mar By AnkitaNo Comments

INDIA

Two Policemen Suspended For Detaining Entrepreneurs

Two policemen have been suspended and show cause notices issued to two police officers following the detention of two entrepreneurs who had allegedly created ruckus at a start up meet in the presence of Bihar Chief Minister Nitish Kumar. The two entrepreneurs, who were frequently speaking without the chief ministers permission at the programme on March 21, were detained by the Patna police and questioned at Gandhi Maidan police station for a personal background check. "Two policemen, including sub-inspector Dilip Chauhan and constable (Munshi) Shambhu Sharan Paswan, posted with the Gandhi Maidan police station were suspended yesterday for unnecessarily detaining the two entrepreneurs," Senior Superintendent of Police (SSP) Manu Maharaj said today. "Show cause notices have been iss...

Bihar Govt Approves Start Up Policy For Entrepreneurs

7Sep By Press Trust of IndiaNo Comments

INDIA, News

Bihar Govt Approves Start Up Policy For Entrepreneurs

The Bihar government today gave its nod for the launch of a Start Up venture capital fund which will encourage young entrepreneurs in the state to start new ventures. The approval to the Start Up policy, 2016 was given at a meeting of the cabinet presided over by Chief Minister Nitish Kumar. The Start Up venture capital of Rs 5,000 crore formed part of the CMs seven resolves, which the grand secular alliance government has adopted as policy of governance for the next five years. The cabinet gave its nod to 31 proposals of different departments at the meeting this evening, Principal Secretary Cabinet Coordination department Brajesh Mehrotra told reporters. The state cabinet gave its go ahead to Information and Public Relations Department proposal to revise advertisement rates as par...

4Sep By PriyankaNo Comments

FUNDING

Coconut Entrepreneur From Gujarat Cracks the Dragons Den, Received $1 Million Funding

Dragons Den is a BBC Television Series in the UK where entrepreneurs get three minutes to pitch their business ideas to five multi-millionaires willing to invest their own cash. The Gujarati hopeful to enter the Den on Sunday the 21st August 2016 along with her business partner from Kerala was Manisha Solanki. Manisha lived most of her life in Paris, France and decided to move to London after spotting Cocofina in 2007 at the SIAL trade show in Paris. Having enjoyed the taste of coconut from a young age acquiring a 50% stake in the business was an easy choice. Cocofina won the coveted Excellence in Food and Drink Award in 2005and has never looked back since. Fast forward to 2016 and Cocofina now has a range of 30 products and is sold in thousands of stores in 28 countries including ic...

My Learning From Chinese Citizens About Indian Online Market

25Jul By No Comments

BLOGS

My Learning From Chinese Citizens About Indian Online Market

We often compare India with China, especially when it comes to online markets. Both countries have a lot of similarities. They have a huge set of diverse population that are culturally, linguistically, geographically, and socially varied. Their primary language is not English. But, there are some glaring differences between the two countries, too. And we should learn from them. In my most recent visit to China, I met over 15 companies (large and small) in the IT and digital technology space. Their respective founders or their representatives presented their growth and plans to over 25 CEOs from Indian companies. Here are my key takeaways from the trip: Learn Globally. Implement Locally China has a large captive market to cater to. About 30% of the Chinese founders I met...

Delhi 22nd in Top 25 Global Cities For Women Entrepreneurs

24Jun By Press Trust of IndiaNo Comments

News

Delhi 22nd in Top 25 Global Cities For Women Entrepreneurs

Delhi, at the 22nd spot, is the only Indian city to feature in tech giant Dells 2016 Women Entrepreneur Cities Index (WE Cities) that looks at a city's ability to attract and foster growth of women-owned firms. New York, the San Francisco Bay Area, London, Stockholm and Singapore were the top five cities for high-potential women entrepreneurs, Dell said in a statement. "WE Cities is the only global gender-specific index that looks at a city's ability to attract and foster growth in firms founded by women entrepreneurs," it added. Cities, instead of countries, were identified in order to show the impact of local policies and programs in addition to national laws and customs, it said. The report takes into account characteristics like capital, technology, talent, culture and mark...

India is Celebrating It’s Own Tech Innovation: Satya Nadella, Microsoft CEO

30May By NitishNo Comments

Entrepreneurs Talk

India is Celebrating It’s Own Tech Innovation: Satya Nadella, Microsoft CEO

India-born CEO of Microsoft Satya Nadella today said developers and entrepreneurs from India are playing a key role in driving innovation both in the country and outside and the company wants to be the platform for creators here. Nadella, on a one-day trip to India, today met Communications and IT Minister Ravi Shankar Prasad as well as student developers and entrepreneurs this morning. He is scheduled to call on Prime Minister Narendra Modi later in the day. "Its so inspiring for me to come here to see this broad spectrum of student developers, entrepreneurs, artists and even some big brands, e-commerce companies who are all changing the landscape of India and thereby, the world," Nadella said while delivering keynote address at Microsofts Tech For Good, Ideas for India event. ...

Alok Kejriwal Led TheRodinhoods Partners With Dell to Help Startups in India

11May By AnkitaNo Comments

News

Alok Kejriwal Led TheRodinhoods Partners With Dell to Help Startups in India

TheRodinhoods (TRH), an entrepreneurial based community announced that it has partnered with Dell in India to help serve the fast growing and booming startups in India. Explaining the tie-up, Asha Chaudhry, Co-Founder and Editor of TheRodinhoods said, “TheRodinhoods is a close-knit community that serves thousands of entrepreneurs in India - 11,500 of whom are registered members of our site. We are happy that Dell has chosen to support us in our cause and endeavor to help entrepreneurs. It will be our privilege to present Dell’s offerings to our community and beyond.” She further added, “When we began discussing synergies with Dell, we were able to showcase how we are very close to the startup scene in India and have inroads into the lives and dreams of many aspiring entrepreneurs who are...

Banks Should Provide Hassle-Free Services to Start-Ups in J&K’

9May By Press Trust of IndiaNo Comments

INDIA

Banks Should Provide Hassle-Free Services to Start-Ups in J&K’

The banking sector in Jammu and Kashmir should create entrepreneurship culture in the state by providing hassle-free services to start-ups, Union minister Kalraj Mishra said. Speaking at a daylong workshop on Prime Minister's Employment Generation Programme (PMEGP), the Minister for Micro, Small and Medium Enterprises (MSME) said banks should be customer-friendly by providing hassle-free services to entrepreneurs on priority basis. "Banks should not add to their (entrepreneurs) worries. They should be given free hand in choosing their trades. The financial institutions should professionally perform their job, but dispose of cases on priority. You should be customer-friendly and create entrepreneurship culture by providing hassle-free services to the start-ups," Mishra said. The...

‘Virtual Explosion’ of Entrepreneurship Going Forward in India: Anand Mahindra

12Apr By AnkitaNo Comments

Entrepreneurs Talk

‘Virtual Explosion’ of Entrepreneurship Going Forward in India: Anand Mahindra

Mahindra Group Chairman Anand Mahindra today said energy levels of Indians make him believe there will be a "virtual explosion" in entrepreneurship going forward. "If I use the adjective explosion, we will not be hyping it up...we have amongst the highest energy levels both in quality and quantity anywhere in the world. I see a virtual explosion in entrepreneurship," he said. The noted industrialist was speaking to reporters on the sidelines of the launch of a start-up award by visiting British royal couple - Prince William and his wife Kate. Though he acknowledged there is a talk of the start-up bubble bursting up, he said the Mahindra Group will continue to invest in the ecosystem through a specially-created venture called Mahindra Partners. There is already a talk of sta...

Oracle to Set Up Startup Incubators in India

7Apr By Press Trust of IndiaNo Comments

News

Oracle to Set Up Startup Incubators in India

To mentor budding entrepreneurs and help the emerging companies access best technology, IT major Oracle will set up nine startup incubators across the country. "Our goal is to make it extremely easy for people to access the Cloud and we want to make it accessible not just to big companies, but also to every person who has an idea for a business that can transform this country," Oracle President Thomas Kurian today. Mentoring is a key part of the initiative and the incubator will facilitate the companies to learn from venture capital funds and also former chief executives of successful startups, he said at a company event here. Even though the company works with the software ecosystem across the world, this is a global first of having dedicated incubators, Kurian added. ...