Once home to the mythical Indian rope trick and turbaned Maharajas, India today proudly boasts of the third largest number of start-ups worldwide. The history of Indian start-ups can be traced back to the birth of the Indian information technology industry in 1984 followed by the launch of the first commercial internet service by VSNL…
Bharti Airtel board on Monday approved a proposal to raise up to Rs 16,500 crore through a combination of privately placed non-convertible debentures and foreign currency bonds for conducting treasury operations. In its ongoing efforts to raise funds to reduce debt as well as meet the competitive challenges posed by Reliance Jio, the Bharti Airtel…
Pine Labs, a digital retail payments platform, has raised $82 million in a Series F financing round led by Actis, a leading investor in emerging markets. US-based Altimeter Capital also participated in the latest funding round to become a new investor in Pine Labs. Actis will get a board seat for its investments in Pine…
The US aircraft manufacturers Lockheed Martin will soon invite innovation ideas from startups through its annual scheme “India innovation growth programme,” meant for startups and university students “The applications for this programme, launched in 2007, will be received from March 21. It looks for startups and university students, who have got innovative ideas. They may…
Essar Steel: Numetal, ArcelorMittal may be headed for legal battle Early signals emanating from ArcelorMittal and Numetal, the only companies to have placed binding bids to acquire Essar Steel, hint at a protracted legal battle that could mire the resolution of the steelmaker’s debts, says Mint’s report. The report further says, in the weeks following…
Meet Anders Boelskifte Mogensen, the co-founder and CEO of Gaest, Northern Europe’s largest online marketplace for listing, discovering and booking meeting spaces. Before Gaest, Anders co-founded a management consultancy that specialized in the business travel and hospitality industry. Anders is also the co-founder of the luxury Nordic boutique hotel Nordic Hotel in Abuja, Nigeria as…
What do you want to do next? It’s a generic question. Managers ask it all the time—or at least the good ones do. And they’re usually not expecting a unique answer. People want more responsibility. More opportunities. To try a different office, or a different team, a different department. But what if you want something…
At a time when American and Chinese investors are seeking supremacy over its booming startup ecosystem, India’s richest religious community has forayed into the sector, funding and nurturing entrepreneurship. The Jain International Trade Organisation (JITO), a network of influential industrialists, entrepreneurs, and professionals from the Jain community, hosted an Investor Pitch Day in Mumbai earlier…
The auto industry is undergoing a massive shift as it ushers in the technologies behind electric and autonomous vehicles and onboard tech designed to improve or enhance the driving experience. But to fully understand how those changes are manifesting, and how they could evolve in the future, we have to first understand the startups and…
Advances in technology have given way to a proliferation of new startups. So, when it comes time to begin looking for those elusive investor meetings, you’re competing against more startups to secure time with investors. This competitive buyer’s market also holds the potential to drive down valuations, and even what once was considered the typical…