SME

6 Indian startups shortlisted for 4th class of Google Accelerator Program

Google today said six Indian startups have been shortlisted for the fourth class of Google Accelerator Program.

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Bengaluru prime destination for IoT startups in India: Zinnov

Bengaluru has emerged as the prime destination for Internet of Things startups to set up base, as it accounts for 52 percent of the total IoT start-ups in India, a study by Management Consulting firm

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To develop Haryana into start-up hub, ML Khattar government says draft policy ready, eyes Rs 500 cr investment

The chief minister Manohar Lal Khattar-led Haryana government said it has prepared a draft policy to develop the state into a start-up hub.

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Start-up Jhakaas offers tech-based tools to bring SMEs close to customers

Jhakaas Technologies runs a mobile app to fulfill day-to-day needs of consumers

Social networking app Rooter offers opportunities for sports lovers to come together

A social networking application launched by sports enthusiast Piyush Kumar, Rooter allows people with similar interest in sports to come together and cheer their favourite teams.

Cashless is ominous truth for fintech start-ups

Even as the government’s demonetisation scheme seems to have benefited fintech start-ups, especially those in the business of digital payment services, investors still remain wary when it comes to i

Modi’s gift for Women’s Day? Government to roll out programme for promoting women entrepreneurs

The government will roll out a programme in coming weeks to bring more women into the startup ecosystem by offering them mentoring and capital for setting up businesses.

Messages for massages: Modi government to bring out App for barbers for managing their customers’ data

The MSME Ministry is in the process of bringing out an App for small-time barbers for managing their customers' data besides maintaining accounts, said a top official of the ministry here today.

Union Budget 2017 provides big boost to textiles sector; here’s why

Higher fund allocation for labour skilling and end-to-end logistics solutions, including rail and coastal shipping last-mile connectivity, will help the country’s textile industry to achieve the $35

Smytten, invitation-only lifestyle app finds loyal customers

An invitation-only lifestyle platform, Ahmedabad-based startup Smytten aims to be the destination site for consumers looking for new products and experiences.

On VedicBrahmin, religion gets a tech push, in home, at office

It’s spirituality with a liberal dose of new-age technology. We are talking about VedicBrahman.com, a unique internet property that offers various Hindu religious services.

Rs 50 crore Oil India Limited StartUp fund for new ideas in oil & gas sector

Oil India Limited (OIL) has set up an OIL Start-Up fund of Rs 50 crore to encourage new "out of the box" ideas related to the oil and gas sector, particularly in the Northeast.

India will be home to 10,500 startups by 2020: Nasscom

India has emerged as the third largest startup base and such ventures are poised to grow 2.2 times to reach 10,500 by 2020 despite a perception that the ecosystem in the country has slowed down in the

RBI relaxes norms for foreign investment in startups

Foreign Venture Capital Investors (FVCIs) can invest in Indian startups without prior permission of the RBI, the central bank said today.

PM Modi to launch national SC/ST hub on Oct 18 to support entrepreneurs

Prime Minister Narendra Modi will unveil key initiatives and a hub to provide support to entrepreneurs from the SC/ST community here on next Tuesday.

Startups: No relaxation in procurement norms for certain items

Government agencies may not relax procurement norms for startups on prior experience and turnover criteria in respect of goods that have implications on public safety and health.

Passenger vehicle sales rise 20%; volumes at over 4 year high

Domestic passenger vehicle (PV) sales grew at 19.92 per cent in September, touching highest volumes in over four-and-a-half years, led by record sales in the utility vehicles segment.

DIPP taking steps to resolve problems faced by startups: Ramesh Abhishek

The industry department has identified roadblocks faced by startups and is in talks with other departments to resolve the issues to provide favourable policies for budding entrepreneurs.

‘Chain restaurants to become Rs 51,000 cr market by 2021’

The market for chain restaurants including cafes and quick service restaurants (QSR) is expected to grow at 20 per cent a year to reach Rs 51,000 crore (USD 8bn) by 2021, a recent report said.

‘288 start-ups cumulatively raised USD 1.36 bn in Q3’

Investors continue to adopt a "cautious approach" regarding start-ups as investments declined to USD 1.363 billion in the third quarter of 2016, start-up tracker Xeler8 said.

Khadi may find way into government hospitals

During a meeting with Health Minister J P Nadda, KVIC Chairman V K Saxena made a request for measures to promote the use of khadi in hospitals.

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DIPP to hire consultants to push Startup India

The commerce and industry ministry is looking to engage consultants to promote the government's Start-up India campaign for budding entrepreneurs.

MSME proposals should be viable enough to attract bank funding

Country's MSME sector requires more financial support from the banks to set up businesses, but the business proposals will have to be viable to attract funding from the banks, a senior government offi

Government taking steps to boost MSMEs: Nirmala Sitharaman

MSME sector can strongly face the "impact of recession" and the government is taking all necessary steps to support and promote micro, small and medium units, Commerce and Industry Minister Nirmala Si

’60 large and medium industrial units set up Haryana in 2 years’

Sixty large and medium industrial units have been set up in Haryana with an investment of Rs 2,437 crore during the last two years.

SBI hopes to achieve 12% SME credit growth

Country's largest lender State Bank of India (SBI) hopes to achieve a 12 per cent credit growth for financing Small and Medium Enterprises (SMEs) in the current fiscal, a bank official said on Friday.

MSEB rapped for disconnecting power of small industrial units

A consumer court here has rapped the Maharashtra State Electricity Board (MSEB) for its deficient service, and asked it not to disconnect power supply to small scale units at an industrial estate in t

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