'Expectations were being built up about radical moves and the action plan did not disappoint.'
Zerodha and True Beacon co-founder Nikhil Kamath, along with Abhijeet Pai, has invested in Omnipresent Robot Tech through their investment arm Gruhas Proptech. This round also saw co-investments from Kavin Shah, and other individual high networth individual (HNIs), according to a statement released on Thursday. However, the amount invested by Kamath and Pai has not been disclosed.
Presenting a list of the brightest and most promising companies from India that made it to TechSparks 2013, a technology product recognition platform.
They encouraged start-ups to pay for acquiring customers rather than focusing on the business fundamentals.
'Everybody thought I was crazy to quit my job and jump into entrepreneurship.'
Their investments in start-ups exceed Rs 1,000 crore at present.
Many state governments are ready with policies to promote entrepreneurs, backed by funding plans
Under the new norms, 75 per cent shares can be reserved for institutional investors
Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Close-ended schemes had a median return of 5.62 per cent in December, according to data from industry tracker PMSBazaar. The median returns for open-ended schemes were 3.91 per cent
The company has been developing donor-derived stem cell platforms.
This will be Infosys' first investment from its innovation fund dedicated to start-ups and emerging technologies.
DRDO's failures over the decades have contributed significantly to India becoming the world's biggest weapons importer, points out Lieutenant General Prakash Katoch (retd).
India is the next major breeding ground for start-ups.
India and China recently held a fresh round of high-level military talks to resolve the border row that witnessed both sides agreeing to maintain "peace and tranquillity" on the ground but there was no indication of any breakthrough.
Besides electric vehicles, some start-ups present are working in the area of bike customisation, motorsports, auto gaming arena, autonomous vehicle and so on
Bringing in people with large corporate experience also helps in bringing in world class processes in quality and compliance
Nilekani also said that many start-ups would not succeed but entrepreneurs gain tremendous experience and can to go to another start-up
Prime Minister Narendra Modi on Thursday said India and Italy have decided to elevate their bilateral ties to a strategic partnership, opening a new chapter on defence cooperation.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
Kirani, is passionate about working with start-ups when they are at the ideation stage.
As the deadly second wave of the Covid-19 pandemic rages on, startups and technology firms are realising the burnout effect it is having on employees. Many have shortened their work weeks to four days, while others have made provisions for more time off for employees to help them rejuvenate or care for loved ones.
IT body Nasscom has helped four start-ups raise funding of Rs 40 lakh as part of its programme to help entrepreneurs turn their ideas into successful businesses.
With future prospects being difficult to predict, hiring for a short period is proving to be cost-effective
Foreign investment in India's start-ups has plummeted 72 per cent to $4.58 billion so far, from $16.2 billion during the same period last year.
Founders should have faith in themselves, their vision and their team, feels Infosys founder Narayana Murthy.
Venture Capital giant Sequoia India & Southeast Asia has rebranded itself to Peak VX Partners. The VC firm will now manage its assets under management (AUM) in the region of over $9.2 billion across 13 funds independently. The rebranding exercise followed Sequoia Capital's break-up into three independent entities across the globe. Besides Sequoia India & Southeast Asia, Sequoia China business has adopted the name HongShan in English (it will
The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.
Overall, it has projected a 10.3% salary rise for India Inc in 2016 compared to 10.6% in 2015.
The final guidelines should be there in 3-4 months.
Amazon is working on deepening its engagement with young technology companies in the country.
Saikat Ghosh, founder and CEO of Taskera says young entrepreneurs must be prepared to take risks and carve their own niche.
Menlo Park Mayor Catherine Carlton is leading a 3-member team to Kerala.
Suchana Seth, the CEO of an AI start-up arrested for allegedly killing her four-year-old son, was quiet throughout her journey from Goa to Karnataka in a taxi, said the driver of the vehicle on Friday.
The joint venture will look at long-term, patient investments on solutions that don't lend to an IPO or exit on valuation basis.
Of the 23 companies, eight have raised funds after Shark Tank India.
Market regulator Sebi to support stert-ups raise funds.
In India, where it is tougher to do business, a start-up gets established by the Series-B stage, and it gets expensive for investors.
These start-ups are different from the ones that have made it big in India.
Prabowo was accused in the late 1980s of making a number pro-democracy activists mysteriously disappear and for human rights abuses in the provinces of East Timor and Papua and was denied a visa to the US.