Page 66 - Start Ups

Tax dept notifies 'Angel Tax' rules for valuing investments in startups

As per the changes in Rule 11UA of I-T rules, the Central Board of Direct Taxes provides that the valuation of compulsorily convertible preference shares

SKUAST launches agricultural-entrepreneurship startup training programme

The Ministry of Micro, Small and Medium Enterprises (MSME) has granted 550 skill training programmes to SKUAST for implementation in the current year, officials said

Rapido aims to rope in over 200 women as auto-rickshaw 'captains'

This initiative would enable women to earn between Rs 800 and Rs 1,000 a day, translating to a monthly income of Rs 25,000 to Rs 30,000, it added

Visa application startup Atlys raises $12 million in series A funding

Investment round led by Peak XV and Elevation Capital

Veteran entrepreneurs look to ramp up their bets in Indian startups

Founders, after building their own companies, have often sought to invest in newer startups

Age-tech innovation aiming to tackle challenges faced by India's elderly

Welldercare's line of smart portraits and mirrors for vitals monitoring and fall detection are in advanced design and engineering stages and are expected to go on sale in the first quarter of 2024

Blue Star launches QIP to raise Rs 1,000 cr, floor price at Rs 784.55

The floor price is 2.04 per cent lower than Rs 800, the price on which the scrips of Blue Star closed on BSE on Monday

Qube Health raises Rs 25 cr in pre-series-A round at Rs 200 cr valuation

The AI-driven healthtech platform has already aggregated over 11,000 hospitals and clinics, and partners with insuretechs, insurance companies, insurance brokers

Indian entrepreneur's new UK start-up using AI to transform services

Opened for funding, Anuj Gupta's GreenVan uses a simple WhatsApp interface. It is designed as an Amazon of Services' offering that intends to transform the way people book essential tasks online

Defence startup's nano drones shows potential in counter-terror operations

Mayank Pratap Singh, the co-founder of the startup IDR, said, "This is the first time that nano drones have been developed indigenously in this country."

New start-up policy for Jammu & Kashmir to be notified by next month: LG

The government will also provide a capital grant on setting up/scaling up incubator and accelerator infrastructure in the UT with assistance up to Rs 50 Lakh per incubator

Health services firm CureBay plans expansion in rural Odisha, Chhattisgarh

Startup has raised Rs 61 crore in financing from Elevar Equity, Incred and angel investors

AMC TPG will invest Rs 2,788 crore in data management company Denodo

The transaction is expected to close in early October following customary regulatory approvals. HGGC, which invested in Denodo's Series A investment round in 2017

Manipal Global Education forays into edtech, plans Rs 100 cr investments

The Manipal MedAce app will have learning modules for MBBS students and test preparation modules for NEET PG aspirants

Justmyroots buys The State Plate to expand intercity food delivery service

Acquisition will help in expanding range of high-quality and non-perishable food for delivery, says Justmyroots

G20 Summit: Startups hope Delhi Declaration to help ease capital access

Startup20 forum, in its recommendations, called for a global definitional framework for start-ups as well as a policy framework to strengthen ecosystems within and across G20 nations

Kerala-based startup launches AI-based learning platform for all ages

The platform, HelloAI-HAILabs.ai, aims to empower students with essential AI and data literacy skills, besides equipping them with the essentials of self-learning through adaptive learning

Our LPs say it is a great time to invest: Fireside Ventures co-founder

Between strategic exits and private equity (PE) secondary exits, we have a fairly robust exit plan, says Vinay Singh, co-founder of Fireside Ventures

Edtech investment cooling in 2023 but growth outlook remains strong

A leading example is Byju's, a company that has come to epitomise the challenges facing this sector

Funding into edtech sector plunges 48% in 2023 due to decreased demand

Experts said that the demand-supply mismatch between teachers and course availability in offline education is expected to fuel the growth in the sector in the coming years