Directors look at ways to avoid overstretched valuations.
The Confederation of Indian Industry (CII) on Sunday urged Indian startups to keep their valuation "realistic" and distinguish between the goals of the organisation and its founder. "Startups may strive for long-term value creation rather than short-term valuations. "The valuations of businesses should be kept as realistic as possible," CII said in its Corporate Governance Charter for Startups.
'Even if you are aping the West, if you customise the idea for the Indian market, localise it based on the Indian ethos, it will succeed.'
Babychakra's online community has 500,000 mothers seeking advice and support and who share lessons learnt on their journey through pregnancy and parenthood.
Technology infrastructure solves many problems, but it cannot build roads or bridges and provide clean water. However, such activities are essential for human progress, and their creation provides jobs, says R Gopalakrishnan.
In a start-up set up, nothing is fixed, not even your job-description
From a modest two-bedroom apartment in Koramangala, the Bengaluru-headquarted company now has multiple offices across the country.
India emerges as a top destination to set up incubators for global firms
Eleven start-ups completed a programme launched by Gennext Ventures.
Fintech firm MobiKwik on Monday filed a draft red herring prospectus (DRHP) with the markets regulator, Securities and Exchange Board of India (Sebi), for its initial public offering (IPO). According to its DRHP, the company plans to raise Rs 1,900 crore, which includes a fresh issue of Rs 1,500 crore and an offer for sale of Rs 400 crore. The selling shareholders include American Express Travel, Bajaj Finance, Cisco Systems and Sequoia Capital India, besides founder Bipin Preet Singh. MobiKwik is the latest among tech majors wanting to list on stock exchanges. Food delivery start-up Zomato will launch its IPO on Wednesday.
Avoiding these common mistakes will help you scale your business.
From $10 billion deployed in Indian start-ups in 2017, $6 billion went to unicorns
Persistence is the name of the game, says Vineet Bajpai.
With the rise of ultra-luxury housing in India comes ultra-customised marketing. Developers selling high-end homes, priced above Rs 20 crore, are moving away from traditional marketing for these homes to newer methods, such as painstaking profiling of customers before showing them the property, augmented reality for visualisation of interior decor, virtual tours, and closed-door international shows. There is also marketing through online ads, social media influencers, and exclusive memberships.
Despite all the incentives, the start-ups' mega event fell short of expectations
Rohit Gawli, who co-founded The Lokal Kitchen in the lockdown, shares some interesting career lessons.
The country will witness a mushrooming of technology start-ups over the next five years.
Nasscom is sending team there to check out ways of accessing markets, funding and the technology landscape.
Invests $50 mn in 11 entities in just over a year, commits $25 mn more; prefers putting money in firms trying to solve India-specific problems
Suchana Seth, CEO of an AI start-up accused of killing her four-year-old son, did not show any signs of mental disorder or psychotic behaviour during a medical examination, the police told a court in Panaji on Tuesday.
From 50 stores Vimal Textiles aims to have 150 in 3 years.
Rs 1,000 crore for promotion of start ups.
Presenting a list of the most trending jobs in the start-up world.
'If you go on with your start up ensure that you put all your might behind it.' 'Ensure that you talk to a lot of people and bounce off your ideas before you go out and make a pitch.'
Led by a new generation of entrepreneurs, India's family offices are shifting from traditional investments in physical and tangible assets like real estate to investing in technology, healthcare, and retail stocks. This new wave of family offices is engaging in stock market investments, including pre-IPO placements and secondary market operations. "Born into a world of technology, the next generation, especially those born after 2000, view technology as equally crucial as finance for running a business.
'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.'
If it helps the business, go ahead and do it, says Anurag Srivastava, co-founder, BigStylist.com.
Vogo, which has a fleet of over 12,000 vehicles mainly across Hyderabad, Mysuru and Bengaluru, is also betting big on India's growing traffic congestion.
CoLife offers shared living and working spaces under the brands CoLive247 and CoWork247.
Business chambers now inviting start-ups for membership.
There are around 4,500 tech-based start-ups in India.
India needs to invest a lot more money in science research and translate this research into products and solutions for its people, says trustee at the Infosys Science Foundation and co-founder at Infosys Kris Gopalakrishnan.
As the Kerala government looks for the best technologies to rebuild infrastructure, start-ups see a bigger role for themselves.
There were fewer Series-B deals this year versus last, but more money was raised
Managing human resources remains a major and under-appreciated challenge for most start-ups.
According to experts, the banning of the apps has created negative sentiments and reduced the confidence among the Chinese investors to invest in India.
Do your homework. Understand your priorities. Know what to ask them.
Yes, startups neither have a rigid structure, nor do they have to be uptight about things, but basic discipline is a must, and it is in the hands of startup founders to inculcate some rules within the team.
Fun and games at start-ups have ended as easy money dries up.
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