The Narendra Modi Government has recently modified the definition of ‘start-up’, under its ‘Start-up and Stand-up India’ initiative to accommodate businesses that are seven years old, thus making them eligible for government-sponsored funding, tax and other benefits. Earlier, start-ups active for maximum five years were selected for the scheme. With the unified tax structure, Goods…
Sicap, a Switzerland-based global mobile network software solutions provider on Wednesday announced the opening of a Global Development and Support Centre (GDSC) in Kolkata, as part of the company?s expansion plan in the Indian market, hailed as one of the fastest growing telecom markets in the world. Sicap international teams are working closely in nine…
Venture capital in Michigan is on a record-breaking round of fundraising. Four numbers indicate historical high-water marks for VC activity in the state: 12 — that’s the number of firms either based in Michigan or with offices here that are currently raising new funds. 806,000,000 — that’s the total number of dollars those 12 firms…
India enlarged the definition of what constitutes a startup to a venture that’s as much as seven years old from five now, relaxed the norms for tax benefits and included employment generation potential to give a big push to job creation and entrepreneurship. “These changes are an effort to ensure ease of starting up new…
Google has announced the fourth installment of its Launchpad Accelerator Program and this time, the focus is on Artificial Intelligence (AI) that has been the company’s buzzword lately. Six Indian startups have been shortlisted for the six-month program that kicks off in July. India has recorded the most number of startups selected this year, followed…
Business is a vast world. If you want to take a leap in, it is very difficult to get it done single-handedly. A business partner in most of the cases can narrow down your troubles and solve some of your problems. It is a difficult journey out there with Startup sharks all around. You need…
To all of us, success is a bliss. It is like an endpoint to a full of misery journey, like a place one reaches when the storm passes off, like the shore to a restless sea. We have like millions of our own definition of success. All we do is associate our best of feelings…
UK-based SILK Ventures has raised a $500m fund to invest in tech companies in Europe and the US. The fund will provide investment to firms from Series A upwards in all tech verticals, but will have a key focus on those specialising in deep tech (AI, Robotics, Internet of Things) FinTech, deep science and HealthTech.…
It is a topic discussed often. How do one succeed? What all to add in recipe of business to attain success. How to set up a successful brand. How to cope with most difficult of situations. There are a million other questions like these. But trust me. There is only one word that answers all…
International Finance Corporation (IFC), the private-investment arm of World Bank, is making an equity investment of $10 million in Stellaris Venture Partners’ maiden fund, it announced in a disclosure. This is the third funding commitment by IFC in an India-focused VC fund this year. The commitment comes a few months after Stellaris, which was started…