After the Google investment, the company's monthly transactions have spiralled up from 65,000 to nearly one million in just a year. According to reports, the start-up is in fresh talks to raise about $6 million from investors, including Google, says Samreen Ahmad.
It's not unusual for the tax departments to freeze bank accounts and there have been instances of the authorities recovering the outstanding from the bank, though such course of action is not common.
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
This will be Infosys' first investment from its innovation fund dedicated to start-ups and emerging technologies.
Under the new norms, 75 per cent shares can be reserved for institutional investors
The company has been developing donor-derived stem cell platforms.
These companies were identified through the India Innovation Growth Programme, an innovation contest through which the US firm identifies Indian research and development potential.
India is the next major breeding ground for start-ups.
Bringing in people with large corporate experience also helps in bringing in world class processes in quality and compliance
'We aim at establishing India as an early talent hub on a global scale and are actively recruiting professionals in areas like cybersecurity, machine learning, data science, and other relevant fields.'
Besides electric vehicles, some start-ups present are working in the area of bike customisation, motorsports, auto gaming arena, autonomous vehicle and so on
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
'The jungles of Doda covers about 250 km.' 'Sleeper cells are providing active help to the terrorists.' 'The terrain and situation is such that it is not possible to keep track of every inch.'
Kirani, is passionate about working with start-ups when they are at the ideation stage.
Nilekani also said that many start-ups would not succeed but entrepreneurs gain tremendous experience and can to go to another start-up
India is attempting to soft-land a rover on the moon and will attempt, at some point next year hopefully, sending humans into orbit. All of this makes an exciting time for space around the world, notes Aakar Patel.
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.
Founders should have faith in themselves, their vision and their team, feels Infosys founder Narayana Murthy.
With future prospects being difficult to predict, hiring for a short period is proving to be cost-effective
Saikat Ghosh, founder and CEO of Taskera says young entrepreneurs must be prepared to take risks and carve their own niche.
The final guidelines should be there in 3-4 months.
Many big countries are facing difficulties in doing so for their citizens, Modi said.
Overall, it has projected a 10.3% salary rise for India Inc in 2016 compared to 10.6% in 2015.
Amazon is working on deepening its engagement with young technology companies in the country.
The number of ultra-high net worth individuals (UHNWIs) in India is expected to rise 58.4 per cent in the next five years from 12,069 in 2022 to 19,119 in 2027, a report by property consultancy Knight Frank said on Wednesday. In its "The Wealth Report 2023", Knight Frank said that the number of Indian UHNWIs, with a net worth of $30 million or above, fell 7.5 per cent in 2022 due to economic slowdown, rate hikes, appreciation of the US dollar and geopolitical uncertainties. Globally, the number of UHNWIs fell 3.8 per cent in 2022 compared to 2021.
Menlo Park Mayor Catherine Carlton is leading a 3-member team to Kerala.
The joint venture will look at long-term, patient investments on solutions that don't lend to an IPO or exit on valuation basis.
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.
Mukesh Ambani, the patriarch of Reliance Industries (RIL), and Gautam Adani, the chairman of Adani Group of companies, have secured the top positions on the Fortune India Rich List, created in partnership with Waterfield Advisors, with respective wealth of $99.7 billion and $63.71 billion. With a wealth of $34.6 billion, the Mistry family of Shapoorji Pallonji Group holds the third position on the list, while the Poonawalla family, owners of vaccine maker Serum Institute, with a wealth of $32.9 billion, stands fourth. Stockbroker and founder of D-Mart-branded grocery stores, Radhakishan Damani, claims the fifth spot on the India Rich List with a wealth of $23.4 billion
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.
These start-ups are different from the ones that have made it big in India.
Khosla said 85 per cent of Indian e-commerce firms were over-valued.
The eyewear market in India is worth $3 billion.
Anupam Pahuja, General Manager for Technology at PayPal Asia-Pacific in Singapore tells us what makes a successful start-up different from an average one.
Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.
With the number of start-ups reaching the unicorn level falling drastically in 2023, the Hurun Unicorn Index said it has demoted eight gazelles - start-ups that were founded in 2000 and have the potential to go to unicorn in three years - to cheetahs.
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