Page 32 - Startups

1,862 startups registered with GeM got orders worth Rs 275 cr: Official

The portal was launched in August 2016 for online purchase of goods and services by all the central government ministries and departments

Boost for start-ups: Govt mulls reducing compliance time to just 1 hr/month

'Monthly compliance for start-ups needs to be reduced to one hour per month so that they can concentrate on their core work,' an official added

Beyond big ticket deals: Millions chase 'millennial' ventures

Bets are being made on gaming, personal fitness and ride-sharing, among others

Giving wings to startups

A recipe for creating 100,000 plus angel investors in India

This start-up plays the good cop by helping trace India's lost children

Gurugram-based Staqu uses AI-powered facial recognition and other innovations to achieve this end; Over 60,000 kids go missing each year, and 50% of those missing till 2016 remain untraced

How Indian startups are helping global shipping firms adopt new tech

Indian startups are helping global shipping firms adopt new technologies to make their operations cutting-edge

DPIIT defining 'accredited investors' to boost investments in startups

The department, under the commerce and industry ministry, has already prepared a draft definition and is now seeking views of stakeholders

Managing millions, making little: Can wealth management start-ups succeed?

Apps that can be used to invest in MFs, stocks, gold, etc, are attracting venture capital. But customers won't pay for the services yet, writes Deepsekhar Choudhury

Planning a wedding? This online startup may just be the help you need

The Wedding Brigade has a team of 45 people based across five cities - Mumbai, Delhi, Panaji, Jaipur and Udaipur

N/Core to support 30 nonprofit startups with a new Rs 40 crore fund

Grants of up to Rs 2 crore for each selected nonprofit, with a special focus on tech solutions

Startups get $7 bn from PEs, VCs in 2018; lions share goes to Oyo, swiggy

Of the total investment, startups such as Oyo, Swiggy, Byjus, Paytm Mall, Pine Labs, Zomato, Udaan, Policybazaar and Curefit collectively raised the lions share of $4.6 billion in 2018

CBDT announces relaxed norms for start-ups on angel tax exemption

The modified norms, aimed at encouraging budding entrepreneurs, will be effective retrospectively from Feb 19, when the DPIIT relaxed the norms for start-ups

Over 450 start-ups took off in 1,000 days in Kerala, claims state govt

Says 35,000 jobs generated, start-up projects in the state have attracted investments worth Rs 314 crore so far

America the country with the most unicorns, India a distant fourth

25% approx. of companies included in the global unicorn club are valued at exactly $1 billion

New definition to give start-ups, investors a bigger angel tax breather

DPIIT Secretary Ramesh Abhishek and officials from the CBDT met start-ups and investors to discuss ways to exempt small start-ups and investors from the angel tax

IESA aims to create Rs 1,000 cr business, 1 mn jobs from startups in 5 yrs

In January, IESA signed a pact with STPI and IIIT-Bhubaneswar to establish an electronic system design and manufacturing incubator at Bhubaneswar

Govt discussing angel tax issue to shield startups, say DIPP officials

Their comment comes amid media reports that the government is considering legal provisions shielding startups from angel tax and easier exemption terms for investors

More start-ups are vocally rejecting the ideals of venture capitalists

Some founders have decided the expectations that come with accepting venture capital aren't worth it

Start-ups to be invited to tap into Rs 153-billion govt e-marketplace

The government is also aiming to push more micro, small and medium enterprises onto the platform

How start-ups are trying to build efficient agri supply chain platforms

As agriculture looks at adopting technology, entrepreneurs and investors flock to address the space