Page 6 - Startups

Indirect Taxes: Union Budget 2022 is a transformative and progressive

The focus on India's startup ecosystem, the ease of doing business and green energy will shore up growth momentum and benefit multiple stakeholders.

States perfect their start-up pitch

The Delhi government is also rushing to prepare a start-up policy to promote new-age businesses

Direct Taxes: Budget doesn't touch slabs, offers relief to co-ops, startups

FM reduces MAT for cooperative societies to 15% from 18.5%, bring them on par with companies; relief for state govt staff, differently-abled persons

Industry, agri startups welcome Budget's focus on strengthening farm sector

The industry welcomed the Budget's focus on the agriculture sector, including developing infrastructure and expanding the role of technology.

Tech upskilling start-up Scaler completes $55-million funding

With this fresh round of funding, the total capital raised by Scaler Academy since January 2020 stands at $76.5 million with a valuation of $710 million

200 Indian startups to showcase business ideas, innovations at Expo 2020

Dubai Silicon Oasis (DSO) and India Innovation Hub on Monday announced a partnership with Indian online travel company EaseMyTrip and UK-headquartered investment banking company HSBC

Thrasio-styled venture UpScalio invests in home, gardening brand Truphe

Honey Gupta started Truphe in 2015. The brand has seen immense growth in the last few years, riding on the spike in customer interest in gardening, said the company.

Have not terminated services of any employee, says BharatPe Board

The Board said it remains committed to an independent and thorough audit process. It said no action has been taken or will be taken till the audit has been completed

Kissht raises Rs 100 cr in funding led by Trifecta Capital, Northern Arc

The company has so far raised over Rs 270 crore in equity and over 1,200 crore in debt investments.

Ola Electric raises $200 mn in funding at a valuation of $5 billion

In September last year, Ola Electric had announced raising a similar amount in funding from Falcon Edge, Softbank and others that had valued the company at $3 billion

Demand for office space up 50% in 2021 led by startups, tech cos: Colliers

Demand for office space in Delhi NCR region has grown 50 per cent year-on-year in 2021, majorly due to strong absorptions by startups and technology firms, said real estate consultancy firm Colliers

Start-ups continue to witness a rapid growth trajectory, shows data

NASSCOM, in collaboration with Zinnov, on Friday released its annual start-up study, titled "Indian Tech Start-up Ecosystem: Year of The Titans"

IncubateHub to launch 9 thematic demand-led accelerators

Strategic backing from Venture Catalysts and 9Unicorns; company will launch specific solutions for the growing CVC market in Asia

Stader Labs nets $12.5 million led by Three Arrows Capital, others

The Bengaluru-based startup is a non-custodial, smart contract-based staking platform that helps retail and institutions discover and access staking solutions

Customer onboarding platform Rocketlane raises $18 mn in funding

The latest funding comes seven months after Rocketlane announced its seed funding round, bringing the total capital invested to $21 million

New startups given 2 yrs exemption from new reservation law: Haryana Dy CM

Short-term works, extending up to 45 days, will also be exempted from the Act, he said

Hopscotch turns profitable, eyes Rs 1,000-crore yearly revenue

The company has claimed to have grown from Rs 100 crore to Rs 500 crore in the past 5 years

We expect unicorn count in India to cross 100 in 2022: PwC's Amit Nawka

CY21 saw fivefold rise in unicorns globally and touched 510

India racing to 100 unicorns mark, National Start-up Day on Jan 16th: Modi

Prime Minister Narendra Modi interacted with over 150 start-ups today

PM Modi calls for innovating for India, from India to tackle challenges

Prime Minister Narendra Modi on Saturday called for innovating for India and from India to tackle challenges facing the country