Shobha Warrier/Rediff.com travels to Pullampara to discover how it became India's first digital literate village.
The prime minister took no names but made an apparent reference to reports about "rate card" for different government jobs in the Trinamool Congress-ruled West Bengal and prevalence of "cut money" in the state.
It is all about hitting the ball high and timing it right.
In India, he has already made investments in both his personal capacity and through DST Global, his venture firm.
Credit Vidya helps lenders assess credit and fraud risk for thin-file and new-to-credit customers.
Nobody knows your business better than you. Do know that you need to be closely involved with the social media efforts for your start-up. It is not something which you can just hand over to someone and forget about it. To make it effective, you need to be as much involved in it. If you have the bandwidth and skills to do it in-house, I would recommend going with that option
Deal values have been falling steadily since May this year, when it touched a high of $851 million.
Challenges notwithstanding, there are handful of players who continue to stand tall and scale-up their business. Many of these are taking inspiration from hyper-local grocery and food-delivery business to go full stack, says Sangeeta Tanwar.
The family office category was up 38 per cent, led by names such as Ratan Tata, Ronnie Screwvala and various Infosys co-founders.
Learn from your successes more than your failures remarked Ashok Soota at an event held in Bangalore.
Investors spent much of 2016 cleaning house. And a VC tells Ranju Sarkar, "There's still some bad news left in the portfolios (of VC firms). What happens to Ola and Flipkart will drive sentiment in future."
The govt could allow start-ups and e-commerce cos to appropriate initial brand building expenses over several years for accounting benefits
As with stocks, real estate and art, investing in start-ups has emerged as an asset class in itself.
US hedge fund Tiger Global and Japanese investment giant SoftBank have trimmed their investments in Indian start-ups by over a third - from $3.8 billion in the second half of 2021 to a mere $1.08 billion in H1 2022, according to data from Venture Intelligence. While SoftBank's investments in India dropped from $1.9 billion in H2 2021 by more than a fifth to only $0.33 billion in H1 2022, that of Tiger Global fell from $1.92 to $0.74 billion in the same period. Private equity (PE) fund trackers point out that this year most of the deals that Tiger Global has invested in are in the early stage (up to series D), and only a few are in the series E and above.
The terms of the acquisition were not made public.
The queue for mutual fund (MF) licences has thinned down due to quick clearances by the Securities and Exchange Board of India (Sebi) alongside applications being withdrawn amid regulatory changes. There were, at the end of September, only two pending MF applications: By AngelOne and Unifi Capital. By comparison, there were 11 applications lying before the market regulator at the start of calendar year 2023.
The government's Swachh Bharat programme presents entrepreneurs with a chance to curb open defecation and make money in the process.
'The most important priority for the next 25 years should be to strengthen our democracy so that it is supportive of social harmony, and to not just respect but to take pride in the diversity of Indian society in terms of the variety of languages, religion and religious practices and social norms,' explains Nitin Desai.
Renderlogy, an interior designing technology start-up, has a few initial hurdles to overcome before scaling and plunging into the larger market.
'SBI Exclusif' and 'SBI InCube' were rolled out in Bengaluru.
'We have gone through more than what any company will go through.'
'Our armed forces are prepared for any eventuality, and God forbid if the balloon goes up, people will get a bloody nose from us'
With a goal to connect entrepreneurs with investors, a group of angel investors, including Google India Managing Director Rajan Anandan, has come together to launch an online platform -- VentureFund.com -- with an initial corpus of $100 million.
In Mumbai, Xenium, an interactive digital agency, is launching a VR lounge later this month.
In Mumbai, Xenium, an interactive digital agency, is launching a VR lounge later this month.
'Those who want stability in life have started looking at opportunities outside of the start-up ecosystem.'
Fintech players are customising solutions for rural markets and helping SMEs learn how to use the services
'We all face challenges in life. It's our approach towards them that absolutely decides what you become.'
'We all work hard and save money, and later spent it in hospitals!'
If you have seen Zwigato, Param Kumar's story will sound familiar. Laid off from his job as a repairman at a Gurugram-based water purifier provider, he now delivers groceries and food for a mobile-based delivery app, in Delhi. Kumar, who started making deliveries last August, told Business Standard that he is working longer hours than his older salaried job as an RO repairman, and has no paid leaves or health insurance. Kumar is part of India's estimated 7.7 million-strong force of gig workers.
Dilip Shanghvi founded Sun Pharma in 1983.
Amazon.in has announced the launch of first-of its-kind women-only outlets for delivering products.
'India's edtech and start-up story will be in danger.'
Drishti, an affordable eye care chain has lit up the lives of scores of people in rural areas.
Banking is first about trust and integrity and then about technology and the rest.
Indian start-ups are likely to experience a fillip as around 40 US venture capitalists and private equity holders have already lined up $400 million to invest in the country.
The idea that technology and startups with newer business models will not disrupt traditional businesses has been thrown out the window.
A unique start-up in India is helping the differently abled find their match.
"Our company is a lot bigger than the 100+ IIT people we have on board. We know that talent lies in the person and not in their college degree, and we're looking on and off-campus to hire talented people from around the world," says Advitiya Sharma, an IIT-Bombay graduate, and co-founder & marketing head of Housing.com.
Start-ups are offering eye-popping salaries to IIT grads like never before.
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