Branded 'Pari-Sangam', the pop-up will feature nearly a dozen labels in clothing, accessories and decor, as firm aims to reach out to the urban millennial
Dingg, which is awarded a grant under the government's CAWACH initiative, is growing massively as store-owners take measures to prevent over-crowding
Platforms bump up marketing spends ahead of League, indulge in aggressive marketing campaigns to onboard new users
With this, Bjyu's, which is currently valued at around $11 billion, has already acquired half a dozen apps in edtech platforms in a bid to become a super app in the edtech space
The proposal will also encourage domestic financial institutions to see start-ups as an alternative asset class that has been heavily dependent on foreign capital still now
Eyes edtech and e-gaming segments apart from core focus areas
Earlier, the limits of total deposit from members did not apply to a startup for five years from date of its incorporation
Fund will be invested in about 30 start-ups in areas such as health, machine-driven intelligent services, edtech, agritech, and logistics with an average ticket size between $500,000 and $4 million
However, many of the country's achievements in this space, such as development of the world's first neuromorphic chip that emulates the neurons and synapses in the brains, aren't well publicised
The Uttar Pradesh Startup Fund is fast gaining traction and will soon start disbursing growth capital to the state-based entities. The fund has garnered interests from the country's leading alternative investment funds, including venture funds, a government spokesman said here on Friday. The spokesman added that SIDBI, the designated fund manager for the fund, has so far received four applications from AIFs for an aggregate amount of Rs 285 crore to create the initial corpus. The decision on these applications will soon be taken by SIDBI and the Startup Nodal Agency in its first Venture Capital Investment Committee (VCIC) meeting scheduled to be held this month, he said. The government has also released Rs 41 lakh to the Startup Nodal Agency to be disbursed to start-ups and incubators whose proposals were already approved by the Policy Implementation Committee (PIU), the spokesman said. He also added that the money will be disbursed to start-ups in the form of sustenance allowance
The state has created a Rs 1,000 crore start-up fund to be managed by Sidbi
Under its new start-up policy the state govt aims to set up 100 incubators, with at least one in each district, including India's largest incubator in Lucknow
MSMEs in Uttar Pradesh will get marketing assistance of up to Rs five lakh under a new start-up policy, a senior official said here Tuesday. New start-up policy 2020, aimed at extending support and encouragement to start-ups and incubation centres in Uttar Pradesh has been notified, said Additional Chief Secretary (Electronics and Information Technology) Alok Kumar. Under the new policy, there is a window of up to Rs 5 lakh as marketing assistance to MSMEs," he added. Kumar gave this information while addressing a virtual conference on "Role of Information Technology in transforming MSMEs' future during COVID-19", a PHDCCI release said. The conference had been organized by the Uttar Pradesh Chapter of PHD Chamber of Commerce and Industry. Kumar also said the Department of IT & Electronics is working hand in hand with SIDBI to facilitate venture capital funding for new start-ups and MSMEs. Focusing on the important role that IT is playing these days, Additional Chief Secretary, ..
Lumikai, a venture capital firm focused on gaming and interactive media, on Monday announced a new early stage VC fund that will support up to 20 early-stage investments
Besides, the exchange will offer multiple benefits in terms of gaining visibility, branding, credibility and unlocking the value
The Lucknow-based hub will nurture 50 start-ups over 5 years
New fund should help boost agricultural infrastructure
Endiya Partners is a seed and early-stageventure capital firm investing in IP-led Indian product start-ups that are globally relevant
Companies focused on farm technology are witnessing a surge in funding
Sitharaman says govt will soon be coming with taxpayers charter of rights which was announced in the Budget