India is becoming a popular destination for foreigners to chase their startup dreams
A host of foreign nationals are relocating to India to fulfil their startup ambitions despite stumbling blocks.
Cybersecurity startups see billions in keeping you safe
The growing number of online transactions means cybercriminals have been targeting co...
Record number of startups to show up at Auto Expo
Most startups to display products and technology in e-mobility space.
Airbus signs contract with Bengaluru startup
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.
KSUM to hold summit for promising startups
The event envisages funding those upstart businesses that have outstanding ideas and models but are financially struggling to hit the market.
Govt launches award to laud breakthrough startups in cyber security
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.
Startups cutting employee costs
Oyo, Ola, Paytm, Quikr, Zomato and Rivigo have handed out pink slips or are likely to.
Two-wheeler rental startup eBikeGO plan pre-series funding to expand fleet
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.
Startups: Waiting for regulatory relief
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.
Mattress startup files for IPO as losses grow
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”.
Microsoft selects 54 tech startups in its Unicorn hunt
The startups, selected from Gujarat, Maharashtra, Rajasthan, Kerala and Telangana, out of 530 applications, will win Azure credits and a host of benefits.
Startup narrative will change from funding and GMV to profit: Mukesh Bansal
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.
Startup India tableau in Republic Day Parade
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.
Govt plans advisory body for startups
Along with the biggest names in India’s startup ecosystem, the Council will also include regulators.
IAN collaborates with Caspian Debt to support innovation in India
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.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service