Practising Indira Gandhi's brand of socialism today will not just be anachronistic but also economically harmful.
Underscoring the need to boost the start-up ecosystem, the Reserve Bank on Tuesday said it will simplify rules and regulations which impede their growth and ensure that an entrepreneur does not have to run from "pillar to post" to start a business.
Winners were chosen from 200 applicants; made a pitch to 10 investors for Rs 10 lakh funding each against 8% equity.
India's tech start-ups are following Silicon Valley's lead and embracing the "fail fast" culture.
Though fundraisings for startups still rank amongst the biggest deals struck this year, the average ticket size has fallen sharply, says Una Galani.
BlackRock has again reduced the valuation of its share in edtech firm Byju's - this time to about $1 billion, TechCrunch reported on Friday, citing disclosures made by the US-based asset manager. This is 95 per cent less than its peak valuation of $22 billion in 2022. The markdown comes at a time when the company is facing a multitude of challenges, including securing fresh capital, delays in financial reporting and legal disputes with lenders.
Hiring a legal expert will help you pre-empt crises and mitigate losses.
Vijay Anand, vice president (new ventures), Rural Technology and Business Incubator, at IIT-Madras, is the man behind incubating new ideas for rural India.
Of the first 189 whose credentials have been probed from the 400 applicants till date, barely 30 make it - and only one qualifies for IPR benefits.
Saikat Ghosh, founder and CEO of Taskera says young entrepreneurs must be prepared to take risks and carve their own niche.
Here's how to know if you're on to something huge, or it is just a mirage. Read on...
Working for a start-up is not the career suicide it is made out to be. It is, rather, professionally and personally very rewarding.
The survey was conducted by Bengaluru-based start-up MyNoticePeriod.com.
Every entrepreneur should accept these truths before taking the plunge
If you don't design a winning culture, a culture will get created by default. And, most often than not, it's not pretty, says well-known Indian American venture capitalist, Desh Deshpande.
The joint venture will look at long-term, patient investments on solutions that don't lend to an IPO or exit on valuation basis.
The defence budget was on Thursday increased to Rs 6.21 lakh crore for 2024-25 in a modest hike of 4.72 per cent from last year's allocation of Rs 5.25 lakh crore amid India's continuing border row with China in eastern Ladakh as well as concerns over evolving security situation in the strategic waterways.
The final guidelines should be there in 3-4 months.
rediffGURU Baqar Iftikar Naqvi, start-up mentor, founder and CEO of Upriver Ecommerce, offers advice on how to navigate the many challenges of entrepreneurship.
rediffGURU Chocko Valliappa offers advice on how to upskill yourself to advance in your career.
India-France synergy is poised to open vistas of collaboration between the two countries, notes Rup Narayan Das.
Interestingly, the survey found that 70 per cent of the founders had experience working at multinational companies before starting on their own.
The eyewear market in India is worth $3 billion.
Modi will get the maximum chunk of the session time.
'If you yourself don't believe in the product, you will never be able to sell it.' 'If you have got the basics right, if you have understood the consumer needs well, success will always follow.'
Every start-up's dream is to become a unicorn.
Anupam Pahuja, General Manager for Technology at PayPal Asia-Pacific in Singapore tells us what makes a successful start-up different from an average one.
In India, where it is tougher to do business, a start-up gets established by the Series-B stage, and it gets expensive for investors.
From defining job profiles to employee relations and grievance management, one cannot ignore the role of a human resource manager in a start-up, says Saurabh Deshpande
Will they catch the next Google and Apple at the right time?
An entrepreneur must have the courage to act on great ideas and plans, says Satanik Roy.
There's little interest in seed funding now as investors are finding it a risky proposition.
The lock-in would be for a period of six months.
Experts argue that the top two players in each category will receive funding sooner or later, but for laggards, the market is still challenging
Founders should have faith in themselves, their vision and their team, feels Infosys founder Narayana Murthy.
Amazon is working on deepening its engagement with young technology companies in the country.
These start-ups are different from the ones that have made it big in India.
Overall, it has projected a 10.3% salary rise for India Inc in 2016 compared to 10.6% in 2015.
Indian fintechs and associated entities are hoping that the Union Budget 2024 will provide a boost and empower firms to extend their reach beyond Tier-II regions, with an emphasis on supporting enterprises led by women. The fintech industry, which has witnessed regulatory reforms over the last year, expects the Budget, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, will further encourage financial inclusion, empower micro-small-medium enterprises (MSMEs) with lending solutions, and push for upskilling initiatives for the country's young workforce.
Foreign investment in India's start-ups has plummeted 72 per cent to $4.58 billion so far, from $16.2 billion during the same period last year.
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