Practising Indira Gandhi's brand of socialism today will not just be anachronistic but also economically harmful.
A strong start-up ecosystem can propel investment, jobs, and demand creation, and for that, substantial growth capital is required.
'Can we give young India the tools to solve the problems the country or society faces and uplift the community?'
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.
This is not the first EV that Mercedes would be making in India though. It has been making the EQS sedan here for the last 18 months, and has sold 500 units of the car.
Prime Minister Narendra Modi met United States President Donald Trump at the White House in Washington, DC on Thursday.
'Start-ups that generate a majority of their income in India are likely to opt for an Indian listing.'
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 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".
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.
Morgan Stanley writing down its investment in the e-commerce leader by 27 per cent does not augur well for the sector.
The start-up story appears to be losing its sheen due to corporate misgovernance, financial mismanagement and gender discrimination.
'From our survey we found that there was a problem in the agricultural sector and drones could solve the problem.'
Tech start-ups will continue to take the lead in bolstering the regional economy, says Murali Talasila.
Vijay Anand, vice president (new ventures), Rural Technology and Business Incubator, at IIT-Madras, is the man behind incubating new ideas for rural India.
'To access our satellite, you don't need any IQ test, you don't need to write an examination.' 'You can be a Class 1 student, an engineering student, a 60-year-old person, anybody can access our satellite.'
India and the US have agreed to work together to draft a comprehensive framework on defence cooperation, aimed at structuring the bilateral collaboration for the 2025-2035 period. The framework will cover multiple domains in land, air, maritime and space, and will focus on intelligence, logistics, operational and industrial engagement. The agreement comes ahead of Prime Minister Narendra Modi's planned trip to Washington, where he is expected to meet with US President Donald Trump to discuss boosting India-US cooperation in the areas of trade, energy and defence.
Perhaps, the most misunderstood aspect is the role of the state.
India's tech start-ups are following Silicon Valley's lead and embracing the "fail fast" culture.
With its age-old fascination for education, southern states have done better than the North. Start-ups, IT hubs, and industry majors setting up shop have changed the face of the South. Nearly 79% of global offices set up by international conglomerates in India are in the South. Almost 46% of tech unicorns are from the South. The GDP per person in the South is 4.2 times higher than the North. None of these indicators can be ignored by any central government, whatever the political compulsions, notes Ramesh Menon.
'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.'
Presenting a list of the most trending jobs in the start-up world.
The government on Saturday announced a host of measures such as setting up of a new Fund of Funds Scheme (FFS) with Rs 10,000 crore corpus; and extension of period of incorporation by five years with a view to promote growth of budding entrepreneurs.
Vetting by inter-ministerial board removed for benefits under Startup India Action Plan
Though fundraisings for startups still rank amongst the biggest deals struck this year, the average ticket size has fallen sharply, says Una Galani.
'It is imprudent on the part of Indian insurance companies to invest out of the shareholders' fund in a private limited company.'
Start-ups that did not have a business model and, hence, could not grow or attract new funding, are shutting shop.
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.
Demonstration of seed germination in outer space, a robotic arm to catch a tethered debris there, and testing of green propulsion systems are some of the experiments planned on the POEM-4 -- the fourth stage of ISRO's PSLV rocket that remains in orbit after launching a satellite.
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.
UP Warriorz, facing elimination in the Women's Premier League, will aim to spoil Royal Challengers Bangalore's playoff hopes in a crucial encounter on Saturday.
Business chambers now inviting start-ups for membership.
Various start-ups have raised concerns on notices sent to them under the Section 56 of Income Tax Act to pay taxes on angel funds received by them.
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.
'Its nature changes, new types of jobs are created.' 'We need to invest in skilling and re-skilling our people for an AI-driven future,' Prime Minister Narendra Modi said in his opening speech at the AI Action Summit in Paris, co-hosted by India.
HAL's sustained, long-term income will come from the design, development, manufacture, overhaul, and upgrade of a family of helicopters designed for deployment on India's 21,000-foot-high Himalayan frontier with Pakistan and China.
Amid oxygen shortage and a faltering health system in the country, India is seeing over 300,000 cases daily.
Budget 2016 may hold some answers to start-up cooncerns.
Investing in start-ups can be highly rewarding, but direct investing is not meant for everyone. For the majority of wealthy investors, taking the private-equity route could still be the better option.
Also, a dedicated cell, headed by a member of the Central Board for Direct Taxes (CBDT), will be set up to address concerns faced by start-ups.
