The company has raised $20 million in three rounds of funding
Several start-ups and angel investors have raised concerns over notices received from the income tax authorities related to taxation of angel funds
The year ended with a decline in angel investment in the final quarter, primarily on the fear of income tax notices to such investors and the associated network
Sajeev Aravindan and Krishna Tirupati's firm Vaultedge has developed an AI-based software platform that does what seasoned lawyers and financial experts do, but at a much faster pace
The start-up follows a farm-to-fork model
Digital products and services have been popular, not only in urban areas but also in rural markets, thanks to low bandwidth rates
It is important to evaluate edtech as a sector and understand whether we are looking at the eye of the storm or the start of a new chapter in education
A 2015 Chennai flood washed away his fleet of cars, but failed to water down Anand Ayyadurai's dreams; he built a fleet of scooters that became an instant hit in the vehicle rental space
The tax was implemented in 2012 to curb the flow of black money into private enterprise. That mission seems to have given way to the mathematical zeal of the tax man
Valuations of start-ups are based on future projections of revenue and user growth
VHL is a consortium of leading global energy majors, commodity traders and banks with a vision to digitise the global commodities trading industry
Angel investors are being asked to submit recent statements of bank accounts, income tax return and, in some case, the source of their capital, within a stipulated timeframe
Maharashtra, Karnataka host highest number of registered start-ups
Angel investments and seed funding deals have fallen by 40%, ringing alarm bells in the start-up community in India
Several start-ups have raised concerns over taxation of angel funds under Section 56 of the Income Tax Act, which provides for taxation of funds received by an entity
Differences over 'fair value' of fledgling firms makes assessment difficult
The deal is part of a strategic partnership that will give Ola access to the fast-growing scooter rental space
Start-ups take unconventional routes to scout for talent - referrals, hackathons, social media posts and job boards
His day starts as early as 5:30 a.m., giving him all the time to support his companies in India. When India goes to sleep, he starts his second session supporting clients in the US
Launched in 2015, Byju's has 30 million students cumulatively learning from its application and over 2 million annual paid subscriptions