News for 'Start-Up India'

How India's family offices are striking out on their own in start-up land

How India's family offices are striking out on their own in start-up land

Rediff.com27 Dec 2021

Family offices are increasingly looking to invest directly in start-ups rather than through investment in venture capital (VC) firms. The shift is happening because of multiple reasons. Next-generation scions of wealthy families are conversant with how the start-up world works after they have spent time in Silicon Valley; start-up investment is rising to 10-15 per cent of family offices' portfolios from single digits; and they do not want to share gains of investment with VC firms. "While earlier they would prefer to invest in this asset class via venture capital (VC) funds as LPs (limited partners), now they are making direct investment in start-ups.

Want To Invest In Crypto? Read This

Want To Invest In Crypto? Read This

Rediff.com16 Dec 2024

Regularly monitor your account for any suspicious activity. Keep your devices updated with the latest security patches to prevent vulnerabilities. Ensure the physical wallet you use is stored securely to avoid loss or theft.

For India's start-ups space is the next frontier

For India's start-ups space is the next frontier

Rediff.com28 Jun 2020

While participation of start-ups in the space sector has largely been minimal so far, their involvement will be key towards building India's very own aerospace companies such as Maxar, Elon Musk's SpaceX and Rocket Labs, according to experts.

Ratan Tata: A Corporate Titan Like None Other

Ratan Tata: A Corporate Titan Like None Other

Rediff.com10 Oct 2024

Ratan Tata was one of the world's most influential industrialists yet he never appeared on any list of billionaires. He controlled over 30 companies that operated in over 100 countries across six continents yet lived an unpretentious life. Ratan Naval Tata, who died at a Mumbai hospital on Wednesday night at the age of 86 years, enjoyed a perhaps unique status -- a corporate titan who was considered a 'secular living saint' with a reputation for decency and integrity.

11 key initiatives to make India a start-up destination

11 key initiatives to make India a start-up destination

Rediff.com27 Jan 2016

With time the start-up action plan will need to be tweaked and will need to move in the direction of removing both hurdles and privileges.

Finally some relief for India's start-ups

Finally some relief for India's start-ups

Rediff.com8 Aug 2019

The move followed after certain startups complained about facing harassment and the taxman breathing down their neck on the angel tax issue.

'God Save Insurance Industry'

'God Save Insurance Industry'

Rediff.com9 Dec 2024

'Some of the astounding proposals, if translated into statutory provisions, would be suicidal.' 'This would not be a wonder cure for increasing insurance penetration and only result in mushrooming growth of players like paan kiosks with deleterious consequences.'

Start-up policy to get makeover

Start-up policy to get makeover

Rediff.com15 May 2017

The move is expected to create space for more budding entrepreneurs in the country to be eligible for self-certification, relaxed public procurement norms, rebate in patent filing, start-up funding, investment and easier closure compliance.

80 Indian start-ups may go for IPO in next 5 years

80 Indian start-ups may go for IPO in next 5 years

Rediff.com13 Dec 2022

India is likely to see over 100 mature, large-scale profitable or on the path to profitability startups in the next five years, of which 80 have the potential to go for public listing, market research and consultancy firm Redseer said on Tuesday. Redseer Strategy Consultants, in a report on IPOs, said 20 of the mature startups have gone public so far. "India may see over 100 matured, large-scale profitable/path-to-profitability start-ups in the next five years.

Shark Tank India: Rs 416 Mn For Start-Ups

Shark Tank India: Rs 416 Mn For Start-Ups

Rediff.com3 Jan 2022

'It doesn't matter where you come from. If you strongly believe in your idea and we see potential in scaling it up, there are people to back it up.'

Start-ups, IPL auctions & the Veblen Effect

Start-ups, IPL auctions & the Veblen Effect

Rediff.com11 Mar 2022

India added three unicorns per month in 2021 to nearly double the overall number to about 85 at last count. And there are many gazelles and cheetahs in the pipeline. All gunning to be unicorns (and then decacorns) soon thereafter, notes Sandeep Goyal.

Gujarat, Karnataka are best states for start-ups

Gujarat, Karnataka are best states for start-ups

Rediff.com4 Jul 2022

Gujarat and Karnataka have been ranked as the best performers in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT). Among smaller states having population of less than one crore, Meghalaya has been adjudged as the best performer. The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.

How start-ups are shaking up offline pharma business

How start-ups are shaking up offline pharma business

Rediff.com3 Aug 2022

Bulk of the medicine sales in the $22-24 billion domestic pharma market happens through offline retail chemists. With the entry of online pharmacies, this space has started to witness a shake-up. Sample this: Dawaa Dost, a Rajasthan based digital health start-up, generates medicine orders from 'kirana' stores and women self-help groups (SHGs) that operate in villages, and then service these orders through its affiliated network of pharmacies. Biddano, another health-tech start-up, has a platform that acts as an aggregator for neighbourhood chemist shops.

Why 38% of IIT Graduates Are Unemployed

Why 38% of IIT Graduates Are Unemployed

Rediff.com28 Nov 2024

Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.

India has 21 $1-billion start-ups, China 227

India has 21 $1-billion start-ups, China 227

Rediff.com4 Aug 2020

With the 21 unicorns collectively valued at $73.2 billion, India is the fourth biggest in terms of unicorns, behind the US, China and the UK, as per the Hurun Global Unicorn List.

Modi to address India-US Start-Up Konnect 2015

Modi to address India-US Start-Up Konnect 2015

Rediff.com19 Sep 2015

Prime Minister Narendra Modi will address the India-US Startup Konnect and share his vision on 'Start up India, Stand up India' as part of his US visit later this month.

'The start up scene in India is unbelievable'

'The start up scene in India is unbelievable'

Rediff.com17 Jun 2016

'Over the next 10 years we expect more than 100,000 new start ups to come up and create more than $500 billion in value and 3.5 million to be employed in these start ups.' 'And these are the start ups that will be solving India's problems.'

Pandemic boom to layoff season: How Big Tech, start-ups got it wrong

Pandemic boom to layoff season: How Big Tech, start-ups got it wrong

Rediff.com17 Nov 2022

Mark Zuckerberg, founder and CEO of Meta, summed it up well as he explained the reason for the company sacking 13 per cent of its employees. He said no one predicted that the boom for digital services during the Covid pandemic would die out. "Many people predicted this would be a permanent acceleration that would continue even after the pandemic ended.

72% employers intend to hire freshers in second half of 2024: Report

72% employers intend to hire freshers in second half of 2024: Report

Rediff.com22 Aug 2024

Around 72 per cent of employers in India intend to hire freshers in the second half of 2024, according to a report released by TeamLease EdTeach on Wednesday. The report titled 'Career Outlook Report HY2 (July-December 2024), based on a survey of over 603 companies across India conducted between April and June 2024, indicated a positive trend in the job market for new graduates.

Why Kerala's start-up ecosystem is unique!

Why Kerala's start-up ecosystem is unique!

Rediff.com1 Nov 2019

'We have integrated start-up space created in almost all the 14 district headquarters of the state.'
'They have incubation facilities providing entrepreneurs common facilities like shared software, legal support, fab labs, hardware, manufacturing facilities and services like chartered accounting facilities, etc, enabling the start-ups to concentrate on technology R&D and product development.'

The Man Who Saw Tomorrow

The Man Who Saw Tomorrow

Rediff.com21 Oct 2024

Here stood a man who embodied the legacy of whatever Brand Tata stood for, embellished it, and departed into the long night, leaving the brand legacy for others to further enrich, notes R Gopalakrishnan.

From layoffs to cost-cutting, start-ups brace for long funding winter

From layoffs to cost-cutting, start-ups brace for long funding winter

Rediff.com28 Oct 2022

On a cloudy Monday this month, Mohammed Irshad flew from Kochi to Gurugram to attend an exclusive investor networking event. Among a handful of founders selected for the event, Irshad was to pitch his peer-to-peer learning start-up Notespaedia for funding in front of top venture capital investors such as AngelBay, Elevation Capital, and Inflection Point Ventures. He failed to woo them, but the feisty entrepreneur was determined to continue his hunt.

VC funds reduce number of deals with start-ups by a 5th in 2022: Study

VC funds reduce number of deals with start-ups by a 5th in 2022: Study

Rediff.com20 Dec 2022

At least 14 of the top 20 venture capital (VC) and private equity (PE) funds in India reduced new deals with start-ups by a fifth in 2022. The number fell from 572 in 2021 to 456 this year, according to data from Venture Intelligence. Sequoia Capital, a leader in investments, retained its top slot but its number of deals fell from 110 in 2021 to 70 this year.

Ultra-luxury housing in India sees shift to ultra-customised marketing

Ultra-luxury housing in India sees shift to ultra-customised marketing

Rediff.com18 Jun 2024

With the rise of ultra-luxury housing in India comes ultra-customised marketing. Developers selling high-end homes, priced above Rs 20 crore, are moving away from traditional marketing for these homes to newer methods, such as painstaking profiling of customers before showing them the property, augmented reality for visualisation of interior decor, virtual tours, and closed-door international shows. There is also marketing through online ads, social media influencers, and exclusive memberships.

Crypto Scams! How To Keep Your Assets Safe

Crypto Scams! How To Keep Your Assets Safe

Rediff.com21 Nov 2024

A single security lapse could lead to complete wipe out of your crypto assets in seconds, with no recovery in sight, warns Nikhil Sethi.

Drone start-ups: Adani to Ambani, billionaire Indians race for supremacy

Drone start-ups: Adani to Ambani, billionaire Indians race for supremacy

Rediff.com13 Jun 2022

An opportunity to enter a burgeoning sector at a low valuation and favourable policies are propelling some of India's largest corporate groups to scoop up drone start-ups. "Indian corporations lost the race in aerospace and space tech. "No one wants to miss the bus this time. "These are seasoned businessmen and they realise that the market cap of tech companies with problem-solving capabilities will exponentially rise in future," says Vipul Singh, CEO of Aarav Unmanned Systems (AUS).

Start-up lay-offs accelerate on capital crunch worries

Start-up lay-offs accelerate on capital crunch worries

Rediff.com27 May 2022

Falling valuations, slowing funding rounds and faltering investor sentiment seem to have prompted many start-ups to lay off employees in a bid to conserve cash. The latest to do so is SoftBank-backed Cars24, a leading e-commerce platform for pre-owned vehicles, which has laid off over 600 staff, according to sources in the know. The move, they said, is aimed at conserving cash amid cautious investor sentiment and a slowdown in funding.

Start-ups cheer proposal to remove LTCG tax

Start-ups cheer proposal to remove LTCG tax

Rediff.com17 Sep 2020

The move will establish a level-playing field for domestic investments in start-ups compared to foreign-based sources.

Angel tax, a dampener for start-ups: Kris Gopalakrishnan

Angel tax, a dampener for start-ups: Kris Gopalakrishnan

Rediff.com20 Dec 2018

Several start-ups have raised concerns over taxation of angel funds under Section 56 of the Income Tax Act, which provides for taxation of funds received by an entity.

Murthy's advice for start-ups: 'Be trustees of outsiders' money'

Murthy's advice for start-ups: 'Be trustees of outsiders' money'

Rediff.com4 Jun 2022

'Think of the poorest retail investor before you decide to go for an IPO'

Zomato's blockbuster listing boosts start-up ecosystem

Zomato's blockbuster listing boosts start-up ecosystem

Rediff.com24 Jul 2021

For large start-ups the US market is considered to be a preferred destination, as Indian investors were seen as hesitant to pay the kind of valuation private equity investors or the US markets pay. However, Zomato's listing has quashed these notions.

How India can become $35 trillion economy

How India can become $35 trillion economy

Rediff.com18 Feb 2024

India needs to grow at an annual rate of 9-10 per cent for around three decades and constant innovations to become a $35 trillion economy by 2047, India's G-20 Sherpa and former NITI Aayog CEO Amitabh Kant said on Sunday. "We are the fifth largest economy in the world and by 2027 we will surpass Japan and Germany to become the third largest economy in the world. "And our aim is that by the time we turn 100 in 2047, India should be a $35 trillion economy," Kant said while addressing a session at Mumbai Tech Week (MTW) hosted by Tech Entrepreneurs Association Mumbai (TEAM).

'Space Transportation Has To Be Like Booking A Cab'

'Space Transportation Has To Be Like Booking A Cab'

Rediff.com23 Oct 2024

'We started AgniKul to show that space transportation should be as simple as road transportation.'

DRDO goes private for 7 new defence projects

DRDO goes private for 7 new defence projects

Rediff.com11 Jul 2024

India's premier defence research organisation DRDO has awarded seven new projects to private entities to develop key military assets including underwater launched unmanned aerial vehicle and long-range remotely operated systems.

India's 10 most successful start-ups

India's 10 most successful start-ups

Rediff.com30 Jul 2015

What made these 10 businesses rise above the rest? Read on to find out...

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

It's reverse brain drain! Start-ups woo talent returning to India from US

It's reverse brain drain! Start-ups woo talent returning to India from US

Rediff.com6 Jul 2020

Indian start-ups and software product companies are trying to attract engineers and programmers who are either stranded in India because of the lockdown or H-1B visa holders who have been laid off.

'More Gold, More Silver, More Bronze'

'More Gold, More Silver, More Bronze'

Rediff.com15 Jul 2024

'Our brothers and sisters are headed to Paris, hungry for medals. A billion of us will be watching them nervous and excited as our athletes set foot in the tracks and fields and courts and rings.'

Why India must support start-ups

Why India must support start-ups

Rediff.com24 Jun 2013

We need to make start-ups, instead of small businesses, part of the priority sector, says Shubhashis Gangopadhyay.

Gujarat provides best ecosystem for start-ups

Gujarat provides best ecosystem for start-ups

Rediff.com11 Sep 2020

Commerce and Industry Minister Piyush Goyal urged start-ups to focus on three Ps - product, process, people - for building Aatmnirbhar Bharat.