The microfinance vertical of the bank will provide loans of Rs 80,000 to Rs 1,00,000.
Jaitley assured that both the banking system and the government will make the resources available to them.
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India plans IPO rule changes to lure homegrown start-ups.
In 2014, the country witnessed 800 new companies starting up, taking the total number of start-ups to 3,100, Nasscom said.
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.
Mukund Mohan, Microsoft Ventures India director, to head US, China, India operations.
Besides choosing the right tagline for your brand to making the most of the resources, start-ups must ensure that they customise their strategies from time to time.
So far, VCs used to fund start-ups which either had product prototypes ready or had some customers on board.
The govt could allow start-ups and e-commerce cos to appropriate initial brand building expenses over several years for accounting benefits
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.
'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.
The terms of the acquisition were not made public.
Dubbed as Startup Act 3.0, the legislation would also enable such immigrant entrepreneurs by giving them permanent residency upon meeting certain requirements.
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.
Some real tips on how to make your disadvantage work for you and more importantly sell your start-up story well.
Marketing challenges apart, 300 firms sprout in past 5 years in Tier-2, -3 cities.
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.
With more and more youngsters preferring to shop online, the credit appetite has surged.
An online platform suits many new angel investors who are professionals with tech companies or start-up founders.
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.
Running counter to the trend that low-income countries have low entrepreneurial expectations, China, the survey says, tops the entrepreneurial ambition list worldwide, ahead even of the US.
Rediff.com India Ltd on Wednesday announced that it has invested an undisclosed sum in Vakow.com, a fast growing SMS content sharing social community started by IIT Bombay alumni Rahul Gupta and Amit Upadhyay.
Deal values have been falling steadily since May this year, when it touched a high of $851 million.
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 government must be the initial driver.
It's not bad to have obstacles. You just have to overcome them.
Renderlogy, an interior designing technology start-up, has a few initial hurdles to overcome before scaling and plunging into the larger market.
Private Equity investments in start-ups accounted for 20 per cent of the overall PE investments in the country, which stood at $7.46 billion in 2006 (over 299 deals).
Earlier, there was one giant in Finland, now, there are two - Nokia and Microsoft, said Alexander Stubb, Finland's minister of foreign trade.
Fintech players are customising solutions for rural markets and helping SMEs learn how to use the services
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.
Credit Vidya helps lenders assess credit and fraud risk for thin-file and new-to-credit customers.
Jim Rogers, Head of Marketing, Neustar Enterprise Services tells you how choosing the right address for your website can help improve traffic.
An initiative of Nandan Nilekani's EkStep Foundation, people+ai on Tuesday unveiled its vision for the future of Artificial Intelligence (AI) in India, dubbed 'Adbhut India' (Amazing India). It aims to harness AI as a powerful tool to enhance the lives of all Indians. The event marked the rollout of several initiatives by people+ai that are focused on discovering, demonstrating, and disseminating population-scale AI use cases for India.
'Stay grounded; never try to become a star in the sky. There are many of those and chances are you'll get lost.' Lessons like these made Prem Jain, a serial entrepreneur, who sold his start-up for $863 million to Cisco and now serves as an advisor to its CEO John Chambers.
'SBI Exclusif' and 'SBI InCube' were rolled out in Bengaluru.
Steve Case's book is filled with insightful scenes that describe how the modern online industry was put together, notes Ajit Balakrishnan.
Over 50 Indians in Forbes' under 30 list of super achievers.
