Page 31 - Startups

Startups face 200% fine for non-compliance with govt norms on angel tax

Further, angel tax exemptions were extended to investments from only VC funds in case of category-I alternative funds

Procol raises $1 mn seed funding from Blume Ventures, Zerodha's Rainmatter

The start-up, which helps food retailers procure inventory online, has clients such as Bikanervala, Big Bazaar and Haldiram's

Tech startup Icertis' valuation crosses $1 bn, joins unicorn club

Icertis raised $115 million in financing round co-led by Greycroft and Premji Invest, the family investment arm of Wipro Chairman and billionaire Azim Premji and existing investors

How a Gurugram-based start-up converts air pollutants into ink and paint

Founded by IIT-Delhi graduates, it recently raised Rs 19 crore in Series A round led by IAN Fund, along with IDFC Parampara fund and Jyoti Sagar

This 'emotionally intelligent' bot makes mental health accessible at scale

Wysa, an "emotionally intelligent" bot, is a virtual coach that combines empathetic listening with evidence-based therapeutic techniques making mental health accessible at scale

Samsung plans 100 investments in Indian start-ups in next five years

Samsung Venture Investment Corporation (SVIC), revealed it had made maiden investments of a combined Rs 58 crore across four Indian start-ups

Higher LTCG tax spooks start-up investors, founders, ESOP holders

Those earning Rs 2-5 crore will pay effective LTCG of 26% and those earning less than Rs 5 crore will have to pay LTCG of 28.5%

Walmart Labs acqui-hires two Indian startups FloCare and BigTrade

The tech arm of the retail giant has on-boarded the teams of these Bengaluru-based companies which would help Walmart to strengthen its customer technology and supply chain

Startups should not be concerned about legacy tax issues: CBDT chief

The Budget also proposed a number of measures to resolve the problems being faced by startups with regard to their initial funding, called angel tax, their certification and verification of investors

This Indian start-up is making strategic trading possible for everyone

The Bengaluru-based financial technology startup Streak recently raised $1 million in pre-Series A funding round

Spin-off or pivot? What lies beneath Razorpay's foray into lending

Payment solutions provider Razorpay has the hottest start-ups in its portfolio

Angel tax worries sorted in Budget, start-ups can focus on biz: CBDT chief

Central Board of Direct Taxes (CBDT) Chairman P C Mody told PTI in an interview that all "legacy issues" related to start-ups will be resolved through a consultative process

MUDRA to SHGs: Budget 2019 boosts women's start-ups and rural business

The budgetary allocation to flagship schemes for women has seen a rise this year

Budget 2019: Soon, a new TV show on start-up issues on Doordarshan

It may be introduced on one of the existing channels on the DD network or a completely new channel may be launched for the purpose

We want to bridge gap between angels and $100 mn funds: Artha Venture Fund

Artha Venture Fund was originally known as Artha India Ventures

This start-up plans to help a million professionals earn Rs 10 lakh a year

TapChief's list of clients already includes Fortune 500 companies like Unilever, Deloitte and growth-stage start-ups like Redbus, UpGrad, and Dunzo

Betting on Bharat: Pratilipi takes uncharted path in battle for mind space

Pratilipi, self-publishing platform in Indian languages, has few competitors so far but it may not be for long

Start-up moguls fete Sebi framework on differential voting rights

A differential voting right to founders helps them to have a critical say in the various strategic direction of the company such as mergers and acquisitions, and fundraising, among others

pi Ventures, Kae Capital back AI-based mental health start-up Wysa

The conversational bot has raised $ 2 mn in pre-series A round of funding

Infusing new energy into startups

India should encourage startups to use its market as a stepping stone for global expansion. This will inject more excitement and energy into the domestic startup eco-system