Page 169 - Start Ups
Edtech gets new lease of life as Byju's becomes a unicorn, investments grow
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
 "Edtech gets new lease of life as Byju's becomes a unicorn, investments grow")
How three bright minds beat all odds to build a strong scooter rental biz
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
 "How three bright minds beat all odds to build a strong scooter rental biz")
Is angel tax becoming a lost cause due to over-obsession with valuation?
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
 "Is angel tax becoming a lost cause due to over-obsession with valuation?")
Start-ups accredited by DIPP will no longer be asked to pay angel tax
Valuations of start-ups are based on future projections of revenue and user growth
Reliance Industries picks 5.56% stake in tech start-up for %5 million
VHL is a consortium of leading global energy majors, commodity traders and banks with a vision to digitise the global commodities trading industry
 "Reliance Industries picks 5.56% stake in tech start-up for %5 million")
After start-ups, now investors start receiving 'angel tax' notices
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
 "After start-ups, now investors start receiving 'angel tax' notices")
Gujarat best place for start-ups, Rajasthan, Odisha also get honours
Maharashtra, Karnataka host highest number of registered start-ups
 "Gujarat best place for start-ups, Rajasthan, Odisha also get honours")
The devil's in the detail: What is angel tax, why are start-ups protesting?
Angel investments and seed funding deals have fallen by 40%, ringing alarm bells in the start-up community in India
 "The devil's in the detail: What is angel tax, why are start-ups protesting?")
Angel tax, a dampener for entrepreneurial ecosystem: Kris Gopalakrishnan
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
 "Angel tax, a dampener for entrepreneurial ecosystem: Kris Gopalakrishnan")
New angel tax notices spook investors, start-ups; trip fund-raising efforts
Differences over 'fair value' of fledgling firms makes assessment difficult
 "New angel tax notices spook investors, start-ups; trip fund-raising efforts")
Ola commits to invest $100 mn in Vogo, to bring scooter sharing to its app
The deal is part of a strategic partnership that will give Ola access to the fast-growing scooter rental space
 "Ola commits to invest $100 mn in Vogo, to bring scooter sharing to its app")
New start-up hiring strategy: Making an offer you just can't refuse
Start-ups take unconventional routes to scout for talent - referrals, hackathons, social media posts and job boards
 "New start-up hiring strategy: Making an offer you just can't refuse")
Bhavin Turakhia: The young entrepreneur for whom the world is a playground
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
 "Bhavin Turakhia: The young entrepreneur for whom the world is a playground")
Byju's raises $540 million at estimated valuation of $3.6 billion
Launched in 2015, Byju's has 30 million students cumulatively learning from its application and over 2 million annual paid subscriptions
 "Byju's raises $540 million at estimated valuation of $3.6 billion")
Hush's mobile platform provides a secure discussion forum for employees
The company has recently raised Rs 45 million in a fresh round of seed funding from Accel and Shamik Sharma, business head at Curefit.
 "Hush's mobile platform provides a secure discussion forum for employees")
How this Mumbai-based start-up refurbishes old shoes into trendy footwear
The purpose of GreenSole was to create a self-sustaining infrastructure that facilitates the provision of the basic necessity of footwear to everyone by refurbishing discarded shoes
 "How this Mumbai-based start-up refurbishes old shoes into trendy footwear")
'Micro-delivery' is the new game in online grocery, but can it serve well
The micro-delivery sector has caught the attention of investors and larger online delivery players. But can it unlock success for the online grocery space?
 "'Micro-delivery' is the new game in online grocery, but can it serve well")
Freshworks strengthens top management with four new appointments
Freshworks to scale up headcount by 1000 in 2019, to reach a total of close to 3000 employees
Aavishkaar-Intellecap Group raises Rs 2.25 billion investment from Nuveen
Nuveen offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors
 "Aavishkaar-Intellecap Group raises Rs 2.25 billion investment from Nuveen")
Big auto firms' investments in start-ups jump manifold to $243 mn in 2018
Big deals included a $65-mn investment by electric scooter maker Kwang Yang Motor in Twenty Two Motors
 "Big auto firms' investments in start-ups jump manifold to $243 mn in 2018")