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Jan 20, 2020, 06.30 AM IST

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  • Traxof’s cloud-based, automated desktop and mobile-based solution provides real-time visibility and monitoring of recruitment processes to support the planned ramp up of IM resources, especially in India for Airbus’ digitalisation.

    The event envisages funding those upstart businesses that have outstanding ideas and models but are financially struggling to hit the market.

    Registrations for the award are currently open and DSCI will be administering the Grand Challenge and the whole process will run for nine months under various stages.

    Oyo, Ola, Paytm, Quikr, Zomato and Rivigo have handed out pink slips or are likely to.

    The company's founder believes that economical cost of delivering at 20 paise per kilometer with a loading capacity of 150 kg, offers great value to the users, over conventional bikes. The eBikeGO bikes delivers a top speed of 55 km/hr and it can run upto 100 kms per charge.

    Entrepreneurs want a stable policy environment, a longer time horizon to carry forward losses and to pay taxes on ESOPs only during sale. To raise funds, startups tend to approach a large number of venture funds – sometimes up to 400. However, under Section 42 of the Companies Act, if a startup sends information to more than 200 investors, it is deemed to be a public company.

    The company’s marketing strategy includes use of influencers to tout its products online. It cites relying on them as a risk that “may materially and adversely affect our reputation or subject us to fines or other penalties”.

    The startups, selected from Gujarat, Maharashtra, Rajasthan, Kerala and Telangana, out of 530 applications, will win Azure credits and a host of benefits.

    If you are in business, the issue of profitability is going to catch up with you eventually. All businesses exist for generating profits. All valuation models are eventually built on profit, earning multiples.

    There are 19 components under the Startup India action plan spanning across areas such as simplification and hand holding, funding support and incentives, and industry-academia partnership and incubation.

    Along with the biggest names in India’s startup ecosystem, the Council will also include regulators.

    In addition to supplying capital support, the two entities will conduct various events to improve awareness about various funding options and structures available to entrepreneurs and empower early-stage startups across the country.

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