During the conversation with the owners, Gandhi delved into the fascinating journey of the iconic start-up that seamlessly blends legacy with modern ambition.
To promote entrepreneurship in India's tier-II and tier-III cities, Silicon Valley entrepreneur Gururaj 'Desh' Deshpande's Deshpande Foundation will open the sandbox in Hubballi. Alnoor Peermohamed reports.
Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.
Founded in 2015, Meesho is one of the country's fastest growing social commerce platforms, and provides small and independent entrepreneurs with products and tools to start, maintain, and grow their businesses. Facebook's interest in the digital commerce follows Reliance Industries' entry into the hybrid e-commerce ecosystem.
According to experts, this will have major impact on new investments by Chinese players in companies, such as Paytm, Ola, BigBasket, Byju's, Dream11, MakeMyTrip, and Swiggy, when they go for follow-up funding. Chinese investors, such as Alibaba, Tencent, and Xiaomi, are active in the Indian start-up space, and have collectively invested billions of dollars.
The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year.
India Inc was, perhaps, watching out for a repeat of the dot-com bubble burst of the early 2000s.
Close to 9,000 start-ups are currently banking with HDFC Bank and it has the bank now dedicated SmartUp zones in 70 branches in 30 cities across India.
In first major growth in 5 years, 2,000 advertisers were added in Jan-Sep 2015.
Let start-ups be start-ups until they become grown-ups, let young entrepreneurs be experimental and bold, let VCs do their job, but for God's sake, the nation must prime the real grown-ups to solve the imminent issues., says R Gopalakrishnan.
Whether AAP bounces back or fades into political oblivion will depend on its strategy in the coming months.
Indian IT-BPM industry raked in revenues of $119 bn in 2014-15.
Robotics start-ups in India are finally making their presence felt. Be it the education or industrial and commercial segments, these start-ups are standing up and getting noticed for their inventions.
There seems to be no dearth of funds to fuel this growth, report Peerzada Abrar and Shivani Shinde.
Think organic food, affordable homes, artificial intelligence, suggests Prof Manmeet Barve.
To resolve the so-called 'angel tax' issue, the start-ups and their investors who file requisite declarations and provide information in their returns will not be subjected to any kind of scrutiny in respect of valuations of share premiums, she said.
'The size of the investments is important, but equally crucial is the number of jobs that these proposals create.'
India ranks third among global startup ecosystems.
India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.
An interview with Sridhar Ramaswamy,Senior vice-president, ads and commerce, Google.
Mukund Mohan, Microsoft Ventures India director, to head US, China, India operations.
Start-ups have their own sub-cultures their language and ways of working.
The criteria for allowing companies to avail of this provision will include profitability, networth, paid-up capital, and turnover.
Bajaj sold his 18-month-old start-up WhiteHat Jr to Byju Raveendran for $300 million in an all-cash deal - over the video conferencing platform Zoom. The deal is the biggest in the Indian edtech sector by far.
Proto.in, a support platform for the Indian startup community picked up these young startups
They are not only coming up with whacky names to grab attention but are also stretching the definition of e-commerce.
About 80 per cent of the companies that are registered are essentially non-IT.
'Students tell me their parents are fine with them either joining a start up or even starting one. This was not the case 10 years ago.'
Agri-enterprises are finding it hard to expand due to lack of commercial guidance.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
India's shift towards US companies for technology investments and partnerships fits well with the present government's 'Atmanirbhar Bharat' and 'Make in India' initiatives, say experts.
Uber will provide mentorship for start-ups on matters such as funding, marketing, operations and scalability.
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).
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India plans IPO rule changes to lure homegrown start-ups.
In two years, the start-up Overqualified Housewives has helped over 6,000 women across India find flexible-job roles across India from salaries ranging between Rs 8,000 to Rs 80,000, making them financially independent.
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.
'India should take up defence manufacturing in a more serious manner and encourage greater private participation.'
Over 50 Indians in Forbes' under 30 list of super achievers.
For now, Bounce, Shuttl, Fab Hotels, Instamojo, Zomato, Curefit, and HealthifyMe, among others, are going for salary deductions. Most of the consumer internet start-ups, besides those who are in the grocery delivery, education tech, and video conferencing business, would ultimately lay-off people and cut back salaries.
Start-ups have begun looking at ways to conserve cash.
