Mukund Mohan, Microsoft Ventures India director, to head US, China, India operations.
The 3-year partnership to set up a pan India initiative to catalyse the country's technology startup ecosystem was signed today by R A Mashelkar, Chairman, GenNext Ventures and Board Member, RIL, and Bhaskar Pramanik, Chairman, Microsoft India.
There are around 4,500 tech-based start-ups in India.
The quality and quantity of start-ups in India have completely changed.
A company with a size exceeding $1 billion finds it really hard to innovate.
GenNext Innovation Hub is also pursuing a new global partnership program to collaborate with organizations in US, Europe and Asia.
Microsoft India on Wednesday launched its 'Women in Tech' initiative, which aims to double the number of women IT professionals in India from the present one million in the next few years.
Mobile application vulnerability detection start-up, Appknox is in talks to raise funds from Singapore-based Jungle Ventures, along with a slew of angel investors including Google India head Rajan Anandan.
IT body Nasscom has helped four start-ups raise funding of Rs 40 lakh as part of its programme to help entrepreneurs turn their ideas into successful businesses.
Eleven start-ups completed a programme launched by Gennext Ventures.
There is more appetite for failure both in entrepreneurs and early-stage investors, say analysts
E-commerce is awash in money, raising concerns about whether this is just another unsustainable internet trend headed for a bust.
With Awfis, a quirky co-working venture, and other offbeat ideas, Radha Kapoor, the daughter of the Yes Bank CEO, is taking the creative route to entrepreneurship.
The idea that technology and startups with newer business models will not disrupt traditional businesses has been thrown out the window.