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Top 5 Most Promising Indian Startups in 2018

17Mar By Sheldan RungasamyNo Comments

Story

Top 5 Most Promising Indian Startups in 2018

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'. 1. Zerodha Zerodha is an Indian financial service company that provides equity investments, retail and institutional broking, commodities and currency trading, and mutual funds, all brokerage free. The Zerodha was founded by Nithin Kamath in 2010 as he wanted to change the landscape of Indian broking industry by breaking down the hurdles he was confronted to during his time as a trader. He wanted to overcome all obstacles traders and investors face in India when it ...

14Mar By Sheldan RungasamyNo Comments

INDIA

Government Provided 55,000 Loans under Stand-Up India Scheme

The Ministry of Finance announced yesterday that it had already provided about 55,000 loans under the Stand-Up India (SUPI) Scheme. The public sector provided the most loan grants with 51,888 loans. The private sector granted only 2,445 loans while the regional banks provided 1,009 loans to support the Stand-up India Scheme. Regional rural banks also authorized 180 loans to individuals of Scheduled Castes (SC) category. The banks have also received guidelines to follow on the SUPI from the government, the ministry of Finance said. The guidelines include collateral free loans through credit guarantee scheme, merging with state and central government schemes whenever possible, simple application forms, online application from a specific portal, handholding support, designated nodal off...

16Jun By AdityaNo Comments

INDIA

Indian Government Will Launch Policies To Become USD 1 Trillion Digital Economy

The government will come out with three new policies, including electronics manufacturing and data protection, as part of its efforts to make India a USD 1 trillion digital economy in a few years. Speaking after a two-and-a-half hour meeting with Indian tech industry captains, IT Minister Ravi Shankar Prasad today exuded confidence that India is well-positioned to become a USD 1 trillion digital economy in next few years. "The industry has assured us that they are committed to support us in this mission... We will be shortly laying down the new electronics policy because between the old policy and now, India under Narendra Modi has changed completely," Prasad said. He added that the government will also come up with a new software product policy and a framework for data security a...

The Most Awaited Start-Up Action Plan by PM Narendra Modi

16Jan By RishabhNo Comments

INDIA

The Most Awaited Start-Up Action Plan by PM Narendra Modi

So finally the most awaited Start-Up India Event has ended, leaving a trail behind it to let other young entrepreneurs to walk under its light. Started with several Panels comprising of Secretaries, CEOs and Founders of various well fledged startups, the event was attented by around 1500 entrepreneurs. Organised at Vidhan Bhawan, New Delhi, it got around 2 lacs of applicants. The event started and at 9 in the morning and ended a couple minutes ago! (more…)