Venture capital investments in India's start-ups nearly halved to $1.5 billion in fourth-quarter 2015
Raja Shanmugham, chief people officer, Happiest Minds Technologies, discusses the company's HR policies, six qualities that one needs to have to fit the bill at the company, how they measure their company's happiness quotient, his challenges and why the company will not be impacted by another storm brewing in the US economy.
rediffGURU Chocko Valliappa offers advice on how to upskill yourself to advance in your career.
"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.
If you are interested in working with OpenAI, feel free to email Sam Altman. In a free-wheeling fireside chat with university students on Thursday in Delhi, the CEO of OpenAI and his team seemed eager to welcome bright young IT practitioners of India into the OpenAI work space. Asked about the steep degree requirements for applying to tech giants such as Microsoft and Google, Altman said that his company was open to hiring undergraduates and even college drop-outs.
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.
Babajob.com is trying to help unorganised blue-collar workers get better employment.
Drishti, an affordable eye care chain has lit up the lives of scores of people in rural areas.
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings.
Under the scheme, small and medium enterprises (SMEs) and technology start-ups can apply for reimbursement, up to a limit of Rs 15 lakh, for the costs incurred in filing international patent applications. This scheme applies for their indigenous inventions in the electronics and information, communication and technology (ICT) domain.
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.
Only love and passion can drive a person to quit a company like Apple and take the leap into the world of start-ups.
Amazon.in has announced the launch of first-of its-kind women-only outlets for delivering products.
'They have got the advisory council, a CEO has been appointed finally, and they have made some headway on the term loan B.'
Fintech and venture capital firms such as Recur Club, Razorpay and Trifecta Capital have come to the aid of homegrown start-ups caught in the crossfire of the Silicon Valley Bank fiasco. Alternative funding platform Recur Club said it was allocating $15 million to all Indian founders affected by the crisis. It will not charge any platform fee for the same.
More people working in India's technology industry have lost their jobs in the first six months of 2023 than in the corresponding period in 2022.
Jaipur-based start-up Logic Roots aims to teach children math skills through board games.
A start-up that started a few weeks before the World Cup started is encashing the frenzy around the event to make profits in an ingenuous way.
these are all funded by venture capitalists and "after 2-3 rounds of funding, 80 per cent shares are gone" and then are sold to some corporate houses
Start-ups are offering eye-popping salaries to IIT grads like never before.
Modi launched a scathing attack on the Congress alleging that the opposition party has become outdated and has always been against any kind of reservation.
Wipro, has set up a venture capital (VC) fund that will look at investing in early-to-middle stage technology start-ups globally.
India may get its first unicorn this year as Zepto, which promises 10-minute deliveries, is in talks to get fresh funding that would take the start-up's valuation past $1 billion. The quick-delivery firm is looking to raise $150 million in a series E round, which will take its valuation to $1.3 billion. The round will be led by StepStone Group, a limited partner (LP) of Zepto's existing investor, Nexus Venture Partners, said media reports.
Apoorve Dubey, founder and CEO of Kreyon Systems Pvt. Ltd, an IT and mobile application development company lists out the 25 things that will help you make your start-up successful.
The study reveals that California, which houses the Silicon Valley, has emerged as the favourite destination for immigrant Indian entrepreneurs.
The total staff strength - once 1,100 - is now under 200.
Assam Chief Minister Himanta Biswa Sarma on Monday said he replaced India with Bharat in his Twitter bio to reflect his 'journey' from the Congress to Bharatiya Janata Party, in a dig at the opposition coalition.
In an interview with rediff.com Sabina Chopra, Yatra.com's co-founder and executive vice president, operations, spoke about the company's initial challenges, how they overcame them, their hiring plans and do's and don'ts for young entrepreneurs.
Catamaran, the family office of Infosys founder Narayana Murthy, is targeting 15 per cent returns on its portfolio investments per annum as it shifts focus from early-stage investments to growth and late-stage bets. This would double the firm's assets under management (AUM) from the current $1 billion to $2 billion over the next five years. "For direct investments, we are focusing on growth-stage investments and very selectively on early stage," Deepak Padaki, president, Catamaran, told Business Standard. "(This is) primarily because the early-stage space in India, in the last three-four years, has completely changed. "There has been a huge influx of capital in the last two years. It has become a very crowded space for early-stage investment," he said.
Pune Open Coffee Club or POCC is a free-form organisation which exists on the web and helps budding entrepreneurs realise their dreams.
How do you avoid being laid off? If you have been let go, what should you do next? Ask rediff Career Gurus to find out.
Aparna Athreya is enriching the lives of kids, parents and individuals through the start-up Kid and Parent Foundation.
We have the workforce, now we need to ensure that we take full advantage of game-changing technologies and geopolitical openings, suggests Jayant Sinha, chairman, Parliament's Standing Committee on Finance.
'He's (Modi) asked CMs of different states to work together as 'Team India'. He even made an appeal to Vote India!'
India's electric two-wheeler (E2W) sector is expected to cross the one million mark in 2024 fuelled by rising demand, increased production, and affordability, industry experts said, even as several original equipment makers are expanding their penetration to rural areas. Improved battery technology and innovative features are also likely to fuel growth, they said. "E2W sales will breach the 1-million mark in 2024 as the demand for electric two-wheelers is expected to continue growing due to factors such as environmental awareness, government incentives, and improvements in technology," Hyder Khan, chief executive officer (CEO), Godawari Electric Motors, said.
Author of The Start Up Diaries, Gagan Jain, discusses how he wrote a book on entrepreneurs, in English, despite his vernacular background
Though startups find 17 mentions in the Budget speech of the finance minister, and have been promised tax exemptions, the reality is that only 2 per cent of the 4,648 applications received from startups for income tax exemption had been approved as of February 2019, according to an answer to a Parliament question. As India's startup space bubbles with activity - new, young players are tapping into opportunities opening up - there are local anti-portfolio stories circulating about investors missing opportunities in 'unicorns', or companies that have reached valuation of $ 1 billion, says Vandana Gombar.
We started our journey in wrong direction and we failed to change direction with time, says Pardeep Goyal, co-founder of School Gennie, a start-up that failed.
The home rental market is facing a slowdown.
