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HDFC Bank opens credit card window for cash-starved rural entrepreneurs
After partnering with BSE in helping startups list on its BSE Startups platform followed by backing 25 social sector startups through grants, HDFC Bank today launched a co-branded credit card in partnership with the government’s Common Service Centre.
Ritesh Agarwal’s OYO, SoftBank set up investment vehicle, seek CCI approval for increasing stake in Oravel Stays
The new entity is likely to increase the holding of Ritesh Agarwal and SoftBank in Oravel Stays by acquiring some or all the shares held by Sequoia Capital and Lightspeed -- OYO’s early investors, a
Amazon Prime Day 2019: Sales triple of normal day
Sales of consumable products on Amazon during the first nine hours of Prime Day -- a two-day sale that began Monday -- are about triple what they are on a typical sales day, according to CommerceIQ, w
Budget 2019: 100% FDI for insurance intermediaries to boost number of new businesses, product offerings
Budget 2019 India: India’s insurance gap worth $27 billion (in absolute terms) is the second largest in the world after China's over $76 billion.
Budget 2019: Nirmala Sitharaman’s sops for NBFCs to boost their access to capital, lending capacity to MSMEs
Union Budget 2019 India: Enhancing credit guarantee for portfolio purchases will improve the flow of funds to healthy NBFCs. This will help NBFCs provide unsecured lending to MSMEs that struggle for c
Unicorn India Ventures looks to boost Series A funding in India with second fund for startups
Prominent early-stage venture capital firm Unicorn India Ventures has launched its fund for early-stage startups with a total corpus of Rs 400 crore.
Grofers pumps additional capital in Series F round even as BigBasket, Amazon, Flipkart heats up competition
SoftBank-backed online grocery venture Grofers, which announced $200 million in Series F round in May this year, has added modest $10 million to the existing round from Abu Dhabi-based Capital Investm
Jeff Bezos in the soup: Amazon workers launch global protest as Prime Day sale begins
The protestors will be demonstrating against “the appalling conditions our members work under at the company, a trade union based in the United Kingdom tweeted.
Eupheus Learning: Edtech firm writing a new chapter with its products
Kapoor also says that Eupheus is the only company whose products have a wireframe that focuses on all the three areas of learning—curricular, supplemental and at-home learning, thereby providing fle
Farm2Fam: Quick fix for our daily nutrition needs
As the first step, Salot started working on sustainable urban agriculture. Further, she worked with several industry experts to set up a system that would be a perfect balance of traditional Indian me
Budget 2019: Capital gains exemption from house sale till 2021 to help entrepreneurs fund startups
Budget 2019-20: This will also help enhance angel level funding. 2018 was a tough year for startups looking to raise angel or seed capital as only 484 deals happened in the entire year vis-a-vis 1,030
Budget 2019: Social stock exchange to attract VC funds, impact investors toward social startups
Union Budget 2019 India: On the lines of the Social Stock Exchange in the UK, SASIX in South Africa, Impact Investment Exchange in Singapore, SVX in Canada, the Indian government is planning to have i
Small traders to get DPIIT’s spotlight in draft national retail policy
In its election manifesto, the incumbent ruling party BJP had proposed establishing National Traders’ Welfare Board and a National Policy for Retail Trade for the growth of retail businesses.
Paytm gains foothold in Japan with these many PayPay users; to partner with South Korea’s KakaoPay
Paytm had launched QR-based payment service PayPay last year in Japan in partnership with SoftBank and Yahoo Japan to "promote the broader use of cashless payment in Japan and to provide highly conven
Budget 2019: Startups cheer Nirmala Sitharaman’s focus on ‘new-age’ AI, IoT skills to meet demand for tech talent
Budget 2019-20: The demand for the number of roles in AI and big data in India stood at around 5.1 lakh in 2018 that is expected to grow at a CAGR of around 16 per cent to about 8 lakh to 2021, as per
Budget 2019: Nirmala Sitharaman’s sops for logistics industry to help India become $5 trillion economy
Budget 2019-20: The government’s focus on building a digital India is again highlighted with its willingness to train people on AI, IoT and Big Data that will transform the supply chain and logistic
Need to strengthen ecosystem to encourage more startups in rural areas: Anurag Thakur
Startups will help promote alternate income generation in rural areas, he said. "India needs to create agripreneurs for which skilling and tech-enabled services are crucial.
Budget 2019: Startup TV Channel interesting but aspiring entrepreneurs may not watch for inspiration, says expert
Budget 2019 India: Among many sops announced by the finance minister Nirmala Sitharaman in her maiden budget speech for startups -- a television channel was probably the least expected yet most intere
Budget 2019: Demand for coworking spaces to go up with measures across rental housing, commercial real estate
Budget 2019-20: Amongst the key initiatives announced included the e-verification mechanism that will ease the angel tax obligation and is bound to strengthen the startup ecosystem.
Budget 2019: From red tape reduction to promoting cashless business, how budget focuses on MSMEs
India Budget 2019: Sitharaman announced a slew of measures to lay the roadmap for India to become a $5 trillion economy by 2024.
Warburg Pincus, SAIF Partners, others invest $65 million in Rivigo
Founded in 2014, the company works on a relay trucking model which ensures drivers are behind the wheel for a maximum of four-five hours at a stretch and reach home the same day.
Moglix raises $60 million from Tiger Global, others
The company is also starting an innovation garage called 'Moglix Innovation Hub (MIH)' for business-to-business (B2B) commerce and supply chain.
Without these 5 C’s, startups may not be able to drive innovation and thrive
Startups are in a unique position to assert a significant impact on real problems concerning their respective industries. They need to recognize their duty towards bringing their innovations and effic
Budget 2019: New National Education Policy, focus on research and innovation to boost number of startups
Budget 2019 India: The government has proposed “major changes” in school and higher education apart from having improved governance systems and focus on research and innovation.
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BUDGET 2019
- Budget 2019: Central govt to contribute 14% to NPS, employees to get 80C benefit on Tier-II deposits from April 1
- Budget 2019: Hike in import duty may dampen the gold rush
- Budget 2019: More power to villages; Rs 2 lakh crore allocated to Panchayats in five years
- Budget 2019: Healthcare sector expects hike in exemption limits for health checkup, medical reimbursement
