India Inc was, perhaps, watching out for a repeat of the dot-com bubble burst of the early 2000s.
Mass mobility in India is in a race when the light turns from yellow to green. Just that this moment has lasted three years. The renewed enthusiasm, however, indicates that the lights may finally be about to change, says Patanjali Pahwa.
As with stocks, real estate and art, investing in start-ups has emerged as an asset class in itself.
Serial entrepreneur Tarun Uppal reflects upon the mistakes and the lessons learned along the way.
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.
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From an idea inititated in a hostel room, Hearing Plus went on to become a national chain of hearing treatment clinics.
At present,Satish Khanna he is associated with companies such as Fullife Healthcare, Kagashin, Hi Tech, Provivi, Status Quo and Concord.
During its summer placements in 2006, six start-up companies had visited the IIM-A campus for the first time, of which six students had interned with them.
With its fleet of nearly 1,000 electric three-wheelers in Delhi-NCR, it moves around 100,000 commuters daily. The company will use the funding to rapidly increase its fleet size within Delhi-NCR as well as other key cities around the country.
'They have got the advisory council, a CEO has been appointed finally, and they have made some headway on the term loan B.'
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.
India ranks third among global startup ecosystems.
The traditional model of IT is being commoditised and players are losing margins. Industry needs to focus on innovation-based start-ups for next round of growth.
He underlined the need for industrial parks and white-collared environment
Jaitley assured that both the banking system and the government will make the resources available to them.
The government's Swachh Bharat programme presents entrepreneurs with a chance to curb open defecation and make money in the process.
After selling out to Google, the 27-year-old has now turned into an angel investor.
Robotics start-ups in India are finally making their presence felt. Be it the education or industrial and commercial segments, these start-ups are standing up and getting noticed for their inventions.
The microfinance vertical of the bank will provide loans of Rs 80,000 to Rs 1,00,000.
Real time traffic updates and solutions to negotiate peak hour traffic with ease is what will make this start-up story a success, believe its co-founders.
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India plans IPO rule changes to lure homegrown start-ups.
An interview with Sridhar Ramaswamy,Senior vice-president, ads and commerce, Google.
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.
Forbes India recently released the list of start-ups to watch out for in the year 2012. Read on to know the magazine's list of top 11 promising start-ups.
'There is little point in getting adoption without profit sustainability or the converse.' 'This is the dilemma that many Indian innovators face,' says R Gopalakrishnan.
In 2014, the country witnessed 800 new companies starting up, taking the total number of start-ups to 3,100, Nasscom said.
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.
With more and more youngsters preferring to shop online, the credit appetite has surged.
'I feel she has some mental disorder. Or, it was an act of pure revenge.'
Beside the defence forces in India, the start-up has shipped around 350,000 units to 12 countries -- the United Kingdom, France, Poland, Bangladesh, Saudi Arabia, the UAE, Kenya, South Africa, Romania, Indonesia, Qatar and Oman.
The new year will witness two unmanned missions under the "Gaganyaan" project, deep ocean exploration project, "Samudrayaan" and many more.
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.
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.
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.
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.
The govt could allow start-ups and e-commerce cos to appropriate initial brand building expenses over several years for accounting benefits
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The terms of the acquisition were not made public.
Mukund Mohan, Microsoft Ventures India director, to head US, China, India operations.
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