US start-ups crash and burn frequently, so why the concern about start-up losses in India? The principal reason, says Kanika Datta, is that Indian start-ups clone ideas from the US. Flipkart, Ola, Oyo, Paytm are all variations of ideas developed in the US.
Four states - Karantaka, Kerala, Odisha and Rajasthan - were in the top performers' category.
Commerce and Industry Minister Piyush Goyal urged start-ups to focus on three Ps - product, process, people - for building Aatmnirbhar Bharat.
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.
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).
It is eyeing the transportation and infrastructure modernisation opportunity in the country, expected to attract $500 billion in investment over the next five years.
From a modest two-bedroom apartment in Koramangala, the Bengaluru-headquarted company now has multiple offices across the country.
Despite all the incentives, the start-ups' mega event fell short of expectations
A single security lapse could lead to complete wipe out of your crypto assets in seconds, with no recovery in sight, warns Nikhil Sethi.
Slowing funding cycles for early-stage companies, freshers opting for more established firms, and many opting for places with better infrastructure are slowly taking away Koramangala's tag of 'India's Silicon Valley'.
If your goal is to earn quick bucks, start-ups are not for you!
To seek tax exemption, a start-up will now have to apply, with all the documents, to the DIPP instead of the inter-ministerial board of certification. The earlier requirement of start-up to submit report from merchant banker specifying the fair market value of shares has also been removed.
Billionaire and Mahindra Group chairman Anand Mahindra along with top Silicon Valley investors Naval Ravikant and Balaji Srinivasan are backing space tech start-up Agnikul as part of a new funding round. Chennai-based Agnikul said, on Thursday, that it has raised $11 million in Series A funding round led by Mayfield India. It is the largest funding round for a private Indian space technology company in the country. Existing investors pi Ventures, Speciale Invest and Artha Venture Fund also invested in this round.
The Chinese government is imposing severe restrictions on their tech companies - whether it is on data security, marketing practices or floating an IPO. Should this be music to the ears of Indian start-ups and home-grown private equity (PE) funds? Ask Indian start-ups and the answer is a resounding "yes".
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.
'Start-ups that generate a majority of their income in India are likely to opt for an Indian listing.'
A strong start-up ecosystem can propel investment, jobs, and demand creation, and for that, substantial growth capital is required.
'We started AgniKul to show that space transportation should be as simple as road transportation.'
'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.'
According to a survey by community platform LocalCircles, early-stage start-ups, funding dependent start-ups and many small businesses will soon be fighting for survival as the spurt in coronavirus cases hits them hard.
The country's top three venture debt firms -- Alteria Capital, Innoven Capital, and Trifecta Capital -- combined deployed about $300 million (Rs 2,200 crore) in start-ups such as BigBasket, Cure.fit, Ninjacart, Dunzo and Lendingkart till April end, according to the government's Investindia website.
From mass layoffs to acquisitions, here's how the Indian start-up industry kept us on our toes.
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.
Practising Indira Gandhi's brand of socialism today will not just be anachronistic but also economically harmful.
Tech start-ups will continue to take the lead in bolstering the regional economy, says Murali Talasila.
The solution works on the pricing and scheduling algorithms that define key parameters necessary for most efficiently matching the supply and demand of freight and trucks.
The start-up story appears to be losing its sheen due to corporate misgovernance, financial mismanagement and gender discrimination.
Morgan Stanley writing down its investment in the e-commerce leader by 27 per cent does not augur well for the sector.
What are the reasons why a girl's education falls by the wayside? Why was Safeena a casualty too? Maybe because the education system doesn't give youngsters enough options? Or there are societal issues or pressures?
'It was the early days of my 5th standard school vacation, and my mother asked me, 'Robotics classes or swimming classes for the weekends?' I chose robotics classes because technology fascinated me.'
Amid oxygen shortage and a faltering health system in the country, India is seeing over 300,000 cases daily.
Eruditus runs on a partnership model with top global universities such as MIT, Columbia, Harvard, Cambridge, INSEAD, Wharton, and UC Berkeley, offering courses in coding, data science, fintech, block chain, and entrepreneurship.
India-France synergy is poised to open vistas of collaboration between the two countries, notes Rup Narayan Das.
'Even if you are aping the West, if you customise the idea for the Indian market, localise it based on the Indian ethos, it will succeed.'
Vijay Anand, vice president (new ventures), Rural Technology and Business Incubator, at IIT-Madras, is the man behind incubating new ideas for rural India.
Perhaps, the most misunderstood aspect is the role of the state.
John Chambers, executive chairman of Cisco, can talk about new age technology, artificial intelligence and crickets - insects being used as super food - all in the same breath.
Vetting by inter-ministerial board removed for benefits under Startup India Action Plan
India's tech start-ups are following Silicon Valley's lead and embracing the "fail fast" culture.
Prime Minister Narendra Modi, speaking at the India Mobile Congress in New Delhi on Friday reeled out statistics to show how India has turned into an exporter of mobile phones from being an importer and how big tech companies -- from Apple to Google -- are lining up to become manufacturers in the country. He said after the fastest rollout of 5G mobile telephony services, India will lead the world on 6G. Recalling the launch of 5G technology in the country on October 1, 2022, he remarked that within a year there are about 5 lakh 5G base stations across the country.
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