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.
Fun and games at start-ups have ended as easy money dries up.
'Expectations were being built up about radical moves and the action plan did not disappoint.'
They encouraged start-ups to pay for acquiring customers rather than focusing on the business fundamentals.
Presenting a list of the brightest and most promising companies from India that made it to TechSparks 2013, a technology product recognition platform.
Many state governments are ready with policies to promote entrepreneurs, backed by funding plans
Their investments in start-ups exceed Rs 1,000 crore at present.
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.
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.
Under the new norms, 75 per cent shares can be reserved for institutional investors
The company has been developing donor-derived stem cell platforms.
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.
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.
This will be Infosys' first investment from its innovation fund dedicated to start-ups and emerging technologies.
India is the next major breeding ground for start-ups.
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
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
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.
Nilekani also said that many start-ups would not succeed but entrepreneurs gain tremendous experience and can to go to another start-up
Of the 23 companies, eight have raised funds after Shark Tank India.
Indian fintechs and associated entities are hoping that the Union Budget 2024 will provide a boost and empower firms to extend their reach beyond Tier-II regions, with an emphasis on supporting enterprises led by women. The fintech industry, which has witnessed regulatory reforms over the last year, expects the Budget, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, will further encourage financial inclusion, empower micro-small-medium enterprises (MSMEs) with lending solutions, and push for upskilling initiatives for the country's young workforce.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
With future prospects being difficult to predict, hiring for a short period is proving to be cost-effective
Kirani, is passionate about working with start-ups when they are at the ideation stage.
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.
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.
Among India's tech companies, education-associated start-ups are the worst affected, recording the maximum number of layoffs.
Saikat Ghosh, founder and CEO of Taskera says young entrepreneurs must be prepared to take risks and carve their own niche.
The joint venture will look at long-term, patient investments on solutions that don't lend to an IPO or exit on valuation basis.
Menlo Park Mayor Catherine Carlton is leading a 3-member team to Kerala.
the defence ministry told Parliament on Monday that foreign procurement in defence has risen to Rs 50,061 crore (Rs 500.61 billion) in 2021-2022 from Rs 37,030 crore (Rs 370.30 billion) in 2017-2018.
Market regulator Sebi to support stert-ups raise funds.
These start-ups are different from the ones that have made it big in India.
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.
BlackRock has again reduced the valuation of its share in edtech firm Byju's - this time to about $1 billion, TechCrunch reported on Friday, citing disclosures made by the US-based asset manager. This is 95 per cent less than its peak valuation of $22 billion in 2022. The markdown comes at a time when the company is facing a multitude of challenges, including securing fresh capital, delays in financial reporting and legal disputes with lenders.
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