Startups

Funding in Indian startups this week (27 May-01 June)

This week 17 Indian startups received funding, of which 14 received a total sum of about $93 million. Among them, Ather Energy raised the highest funding of about $51 million followed by GlowRoad which raised about $11.5 million. Meanwhile, funding for 3 of the total funded startups remained undisclosed. Below is the summary of deals closed this week: Ather Energy: ... Read More »

Govt To Ease Income Tax Norms To Help Startups Receive Benefits

After being re-elected for the second term, the Modi-led government is now planning to ease the tax norms to provide advantages to startups under the income tax law which allow 100% tax deduction. In 2016, the government had announced a 100% tax deduction for any three consecutive years. The startups which did not have a total turnover of INR 25 Cr and ... Read More »

[Weekly funding roundup] Investments in startups down 76pc this week as India prepared for election results

Startup funding activity saw a significant slowdown in the fourth week of May ahead of the announcement of results for the Lok Sabha polls. Votes were counted on Thursday, and the incumbent Bhartiya Janata Party-led government returned to power with a strong majority. The week to Friday saw only $45.6 million raised across nine deals, down 76 percent from the previous week, when ... Read More »

Funding in Indian startups this week (13 May-18 May)

This week 12 Indian startups received funding, of which 9 received a total sum of about $258 million. Among them, Grofers raised the highest funding of about $200 million followed by Dailyhunt which raised about $22 million. Meanwhile, funding for 3 of the total funded startups remained undisclosed. Below is the summary of deals closed this week: Grofers: Online grocery ... Read More »

Nabard floats Rs 700 Cr venture capital fund for agri, rural startups

The National Bank for Agriculture and Rural Development (NABARD) has announced a Rs 700-crore venture capital fund for equity investments in agriculture and rural-focused startups. Nabard has been contributing to other funds till now, and this is the first time that the rural development bank has launched a fund of its own. The fund has been launched by Nabventures, a ... Read More »

A guide to venture capital financing for startups

Venture capital funding has become very popular with startups these days. The number of investors has grown, and they have become bolder, seeking high-risk/high-return opportunities in small to medium enterprises with amazing growth potential. However, entrepreneurs need to have a strong blueprint ready as venture capitalists are being inundated with investment opportunities today. Here are a few simple things prospective venture capital financing seekers should ... Read More »

Is the Startup Mentality Just for Startups?

Silicon Valley, America’s hotbed of technology and entrepreneurship, is widely regarded as the birthplace of the startup culture that has permeated across geographies and built some of the world’s most successful companies. The culture of innovation and ingenuity continues to thrive worldwide as a rising number of startup founders are busy chasing the next big idea and building their dream ... Read More »

Startups, ecommerce companies flood campuses with offers

NEW DELHI: Job offers are pouring in at the nation’s top business schools from ecommerce companies and startups, which are on the lookout for managerial talent with a technical background to drive the next phase of growth. Indian Institutes of Managements in Bengaluru, Kolkata and Kozhikode, and the Faculty of Management Studies (FMS) in Delhi said they have seen steep increase in offers ... Read More »

55% of Remote Workers Now Telecommute Full Time, Survey Says

Digital technology has upended the way we work and where we can work. And a new survey from AND CO and Remote Year has some insightful data regarding the state of remote workers in 2018. According to the survey, 55% of the respondents said they worked remotely 100% of the time. There was another 28% who said they worked remotely and on-site, and another 15% ... Read More »

30 Years Ago, Women Entrepreneurs Couldn’t Do This One Simple Thing

The other day, I read an article that blew me away. Writing in Forbes, entrepreneur Deborah Sweeney reminds us that until 1988, women entrepreneurs could not get business loans without a male relative as a cosigner. It didn’t matter if the male relative was even involved in the business, or if he was under 18; he was essential to experienced businesswomen getting the ... Read More »