Startups

Nextiva CEO Introduces NextOS, Offers Tips for Better Customer Experience

Tech tools can help you create great customer experiences. And a new platform from Nextiva, NextOS, aims to help businesses do just that. NextOS is an all encompassing operating system for businesses. It includes a CRM system, chat function, survey platform, improved analytics and more. And it’s all accessible from one central dashboard, so businesses can make sure that all ... Read More »

Despite slowdown, fewer start-ups are shutting down. Here’s why

Stayzilla, Taskbob, RoomsTonite, Eatonomist are the prominent start-ups that shutdown in 2017. Graphic: Mint Bengaluru: While the number of start-up launches has declined sharply in the first nine months of the year, the severe slowdown in entrepreneurial activity has resulted in another phenomenon that highlights the risk-averse sentiment that is sweeping through India’s internet and technology start-up ecosystem: fewer start-ups are ... Read More »

Startups among finalists for AppsAfrica Innovation Awards

The annual awards are now in their third year, and attracted over 300 submissions from 31 countries. Kenyan emergency response startup Flare and Nigerian fintech startup Kudi are nominees for the Best Social and Messaging Award, alongside US solution Juntos, South Africa’s 1Fetch and Nigeria’s Wetin Dey. Nigerian e-health startup Medsaf is nominated for the Disruptive Innovation Award. alongside the likes of South Africa’s What3Words and Tanzania’s Trend Solar, while Ghana’s Asoriba earns a nomination for ... Read More »

Nigeria’s TBCA is connecting startups with Big Four consultants

Consultants from the “Big Four” consultancy firms very rarely stoop to assisting startups, given the lack of budget of smaller companies. That being the case, Nigerian startup TBCA.ng is looking to bridge the gap, connecting on-demand independent consultants with clients that need projects completed. All its independent consultants have experience at Big Four firms as well as the likes of Accenture and ... Read More »

Income Tax Scare For Startups For Issuing Preference Shares At A Premium Over Fair Market Value; Tax Experts Also Under Scanner For Valuation Of Startups

In a tax scare for startups, the Income Tax department has sent notices to startups and unlisted subsidiaries of some major Indian companies and multinationals for raising funds through preference shares in excess of what it considers the fair market value. The department has sent notices to about 200 entities under Section 56(2)(vii)(b) of the Income Tax Act, 1961, in ... Read More »

PayPal shortlists 5 fin-tech startups for India Incubator

Global digital payments company PayPal Holdings, Inc. has shortlisted five fin-tech startups for the fifth edition of its India Incubator Challenge, it said in a media statement. PayPal will be picking up an undisclosed amount of stake in each of the selected startups this year. Launched in 2013 in partnership with The Indus Entrepreneurs, the PayPal Incubator focuses on startups ... Read More »

6 Steps Towards Starting a Business

Most people merely think of launching a business and chicken out. There are too many details to figure out; so most entrepreneurs stop early in the process because they believe they don’t have the skills it takes to make it as a successful small business owner. In reality, nearly everyone has what it takes to build a thriving business — ... Read More »

Bengaluru, Delhi, Mumbai start-ups received nearly 80% of funding deals in last 5 years

Key highlights: Over the last five years, 79% of the funding deals went to start-ups based in these three cities Bengaluru and Delhi claiming the majority of the country’s 10 unicorns Bengaluru had the greatest number of deals over the past five years in India at 30% Start-ups in Bengaluru, Delhi and Mumbai together claim three-fourths of India’s start-up deals. Over the last five ... Read More »

Facebook Buys Fayteq, a Computer Vision Startup Focused on Video Editing

HIGHLIGHTS Fayteq is known for its video-editing technology Facebook can use the technology for object tracking in live videos Fayteq had sold plug-ins for video editors like ‘Adobe After Effects’ In a bid to build on its Augmented Reality (AR) ambitions, Facebook has acquired German computer vision startup Fayteq, which is known for its video-editing technology that makes it possible to add or remove ... Read More »

Tech startup FreightBro’s target: Revolutionising the trillion-dollar international freight industry

FreightBro leverages technology to enable freight forwarders to make data-driven decisions, predict changes in the market and provide better value to shippers. The bustling industrial centre of Oragadam, Chennai, houses hundreds of SMBs exporting automotive parts to Turkey, South Africa, South Korea and Europe. But their precision is plagued by transport inefficiencies and port documentation delays. The $200 billion logistics ... Read More »