An initiative to fund the education of bright Indian youngsters undertaken by two Indian-Americans has now acquired a momentum of its own, discovers Anjuli Bhargava.
Though startups find 17 mentions in the Budget speech of the finance minister, and have been promised tax exemptions, the reality is that only 2 per cent of the 4,648 applications received from startups for income tax exemption had been approved as of February 2019, according to an answer to a Parliament question. As India's startup space bubbles with activity - new, young players are tapping into opportunities opening up - there are local anti-portfolio stories circulating about investors missing opportunities in 'unicorns', or companies that have reached valuation of $ 1 billion, says Vandana Gombar.
Created by a group of Icelandic mums, the Lulla Doll replicates human sounds that help babies feel like they're sleeping beside a loved one.
Snapdeal to acquire GoJavas for Rs 200 cr, say sources.
In October 2012, Flipkart entered the menswear segment; later it launched a womenswear range
In the January-March period of last year, an amount worth $1,179 million was invested across 103 transactions.
Patil will help shape policies and practices to help the US remain a leader in technology and innovation.
From a modest two-bedroom apartment in Koramangala, the Bengaluru-headquarted company now has multiple offices across the country.
Walmart is likely to buy stakes of multiple Flipkart investors, including that of Tiger Global Management and Softbank to end up with a significant majority holding
The company did not disclose the valuations at which funds were raised.
Snapdeal, which has raised about $400 million since its inception, has invested about $100 million in logistics and operations to expand its presence in the $3 billion Indian eCommerce market.
The government, in February, had released the draft national e-commerce policy proposing setting up a legal and technological framework for restrictions on cross-border data flow and also laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad.
"Immigrants make many of the nation's greatest discoveries, and create some of the country's most innovative and iconic companies," says their court motion.
A 41-year-old Mississippi man has pleaded guilty to sending poison-laced threatening letters to United States President Barack Obama and other officials.
Backed by top IT companies of the Silicon Valley, Indian-American Rohit "Ro" Khanna hopes to get second-time lucky in his effort to enter the US House of Representatives against Democratic Party's sitting lawmaker.
Market place model of e-commerce means providing of an IT platform by an e-commerce entity on a digital and electronic network to act as a facilitator between buyer and seller.
It has also filled a key gap in its payment systems team by hiring Ravi Byakod, a senior Google engineer.
The company has been a part of the start-up ecosystem in a big way from early stages right up to when the companies start achieving full scale.
The sought-after recipe is held in a safe at the World of Coca-Cola in downtown Atlanta.
The cost of luring buyers and sellers to its platform means the new funds won't last long.
Uber is present in over 250 cities in 50 countries.
Here's your weekly digest of the craziest stories from around the world.
Software developers who tried on an Apple Watch for the first time on Friday predicted a rush of new apps over the next few months.
He seems to have struck a chord with young entrepreneurs.
'70 years after Independence,' says Kishore Singh, 'we're having to arm ourselves against a new enemy out on the roads to molest, burgle, attack and threaten.'
Prominent print advertisements on Monday pitched Amazon's discount strategy against Flipkart's.
Its share among top three e-commerce players grew to 57% in March 2017 from 45% in June 2016
The privately-owned Hangzhou-based group, which has been in news for its impending IPO, is already sourcing human hair from the southern regions of India and has identified this category as a 'big opportunity', along with others like machinery, agro products, apparel and spices.
Amazon has increased the commission on non-core segments by 2-9 per cent.
High return rates in the e-commerce space are making a dent in the margins of e-retailers.
Start with social media. Find free selling platforms.
Amazon has seen its India sales growing four times this year.
Floats discussion paper for stakeholders' feedback with a deadline of January 28.
Alibaba in talks to invest up to $700 million in Snapdeal
The overall e-commerce opportunity in India and China is comparable, yet it's hard to see any single player in India emerging with Alibaba-like market share.
News that will shock and make you laugh at the same time.
Yes, if you follow certain safety measures, says Shruti Puri. Here are some rules you must follow.
These workers have been asked to undergo a 30-day performance improvement plan.
