Page 66 - Startups

Budget gets thumbs up from startups, firms say it will help attract talent

The budget recommends a five-year tax holiday on Esopss, a 10- year tax exemption for startups with under-Rs 100 crore turnover and also talks of a seed fund to push new businesses

Budget 2020: FM Sitharaman proposes easing of tax payments for startups

During their formative years, startups generally use ESOPs to attract and retain highly talented employees, she added

To build strong ecosystem, govt sets up National Startup Advisory Council

The Council will suggest measures to foster a culture of innovation among students and others, the commerce and industry ministry said in a statement

Indian aviation startups to pitch for support at Singapore Air Show 2020

More than 60 startups from 10 countries, including India, are scheduled to make presentations on a wide range of domains during the show

Venture Highway raises $78 mn to fund early-stage tech companies in India

With portfolio companies such as Meesho, Sharechat, Moglix, and Cars24, the early-stage investment firm has so far invested in 20 start-ups

Canada warms up to Indian start-ups, to help them expand operations

The MoU was signed in the presence of Brampton's Mayor Patrik Brown, who is interacting with more than a dozen Indian start-ups across Mumbai, Delhi and Bangalore

Unfolding in India's smaller cities is the next wave of promising startups

Beyond the pages headlined by the Flipkarts, Olas and OYOs is a story of startups in India's smaller cities which are beginning to catch the attention of the world outside as also of investors

Inshorts' social video app Public gets 10 million users in 6 months

New Delhi, 8 January News curator app Inshorts has said its location-based social network, Public, registered 10 million users within six months of launch.Public works on the idea that people should be able to record and share happenings around them, enabling real-time local updates, especially in tier-II and tier-III cities. It is a GPS location-based app and will show users content being generated near them and from people whom they follow (online). The beta launch test (the term for pre-release of software, given to a large group of users, to try under real conditions) for Public began in April. The final launch was in July. It reached the 10-plus million user mark in November. A million videos are being created every month on Public, says the company. It competes with the likes of TikTok, YouTube and other video-based apps. "Public is giving everyone a platform to connect with their local communities and our rapid growth is demonstrative of ..

How supply chain firm Ninjacart is connecting farmers, retailers using tech

Ninjacart connects through a network of more than 200 collection centres and 1,200 warehouses across the country

Shekhar Gupta: Start-up of the decade

AAP has managed to break through entry barriers for newcomers in our politics - caste, ethnicity, ideology, dynasty - to establish itself as a Delhi party with all-India recognition

Ronnie Screwvala-backed start-up upGrad lines up big plans for 2020

Of the Rs 175-crore, Rs 100 crore will be spent on the offline medium and Rs 75 crore on digital in a sustained campaign spaced throughout the year, said Screwvala

From China with funding: Country puts its faith in Indian start-ups

Not just from the likes of Alibaba and Didi Chuxing, Indian start-ups saw a surge in Chinese funding from financial investors this year

Start-up funding slows down in 2019 after a two-fold surge previous year

Major deals include $586 million by Tencent and others in Udaan this August, followed by $413 million by SoftBank Corp, Carlyle and Fosun Group in Delhivery

Goldman Sachs leads Rs 100 crore investment round in fintech firm ZestMoney

The Bengaluru-based startup expects to cross an annual run rate of over $1 billion in disbursal run rate in less than 18 months

The potential of design thinking

It stretches the startup's vision beyond current reality to a desired state, even a 10x growth

Microsoft ScaleUp offers support to 18 startups in Middle East and Africa

The selected startups in the region are focused on areas of fin-tech, blockchain, health-tech and IoT, among others, the statement said

PE/VC investment up by almost three times in November; driven by infra flow

PE/VC investments accounts 1.7-1.8% of GDP, almost at par with China and the global average

Bengaluru firms claimed 45% of all investments in Indian startups in 10 yrs

The city, which has seen its startups raising $31 bn in the past decade, is home to 44% of India's unicorns and 43 per cent of 'soonicorns'

US-funded startup hub Nexus looks to go beyond Delhi with new partners

Started exclusively in India by the American Center, the Nexus Startup Hub has trained more than 90 startups through 9 cohorts each with a 10-week programme

Indian-Americans' startup Riversand secures $10 million investment

Riversand is a SaaS Master Data Management and Product Information Management solution provider