Page 16 - Start- Ups

India's start-up culture concentrated in a few states: RBI survey

The annual turnover for over one-fourth of the respondents was up to Rs 10 lakh, whereas around 20 per cent start-ups did not report any revenue generation

IIT Madras to scale up pre-incubation centre for 100 student start-ups

Institute to tap public and private sector to raise CSR funding to support the budding enterprises

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

Fireside Ventures to invest in 20 start-ups in superfoods, fashion segments

The venture capital (VC) firm is planning to make around 18-20 investments via fund 2 in the range of $4-5 million in each portfolio company across Pre-Series A and Series A stages

Startups to play key role in making India a $5 trn economy: Suresh Prabhu

Prabhu said there are three components that are necessary to achieve India's ambition of becoming a $5 trillion economy.

WhatsApp set to invest $250,000 into India's start-up ecosystem

Will provide 500 start-ups approved by DPIIT with $500 each of Facebook ad credits

Nazara Technologies plans to invest $20 mn in Indian startups next year

The company has already undertaken transactions worth $50 million in 13 startups in the last two years

Govt plans to set up dedicated platform to promote agriculture start-ups

Small Farmers Agribusiness Consortium Managing Director Neelkamal Darbari said the role of agri startups comes at the pre-harvest stage

Start-ups play crucial role, giving growth impetus to economy: KPMG report

The report said the golden triangle of government, private sector and academia are important players who can provide the impetus needed to grow the start-up eco system

Seven new unicorns added in first eight months of 2019, 50 more waiting

Nasscom annual start-up report also says that more number or early and mid-stage firms are now raising funds as compared to earlier time

Facebook plans to tap start-ups, small and medium businesses in India

Facebook aimed to enable the growth of small and medium businesses and entrepreneurship in the country

Start-ups providing income-share agreements catching students' fancy

It is still a nascent market but a growing one, which has investors interested

Number of 'unicorn' start-ups in China exceeds that of US for first time

This makes China the country with the largest number of unicorns in the world

Mobile gaming firm Nazara Technologies acquires stake in Paper Boat Apps

This is the fifth acquisition by Westbridge Capital-backed firm

This hearing-impaired entrepreneur is on a mission to empower gig economy

Sanjay Nediyara went through a great deal of hardship before setting up Sieve, a platform for freelancers to work as a team despite separated by locations

Rolls-Royce selects 3 start-ups for Start-up Accelerator Programme in India

Each of the three gets an equity-free grant of £10,000 each and goes through a six-month co-innovation programme that will include mentoring and technical support from Rolls-Royce

NEP must partner with ed-tech start-ups to achieve desired outcomes: IAMAI

Role of ed-tech start-ups not clearly spelt out in National Education Policy draft, the association says

Still start-up season: Funding continues in face of economic slowdown

Even at early stage, start-ups are raising more money faster owing to the rise of a lot of specialised early-stage VCs and emergence of seed-stage programmes

Handle income tax related issues of startups with utmost care: CBDT

On August 30, the CBDT had notified creation of a five-member special cell to address grievances of startups with relation to angel tax and other tax-related issues

How fast is India's start-up universe expanding? Explained in 7 charts

Over the years, start-ups are struggling more to garner funds as they pass the elementary stages of growth