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…
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…
Started by IIT Kharagpur graduates, agricultural inputs startup Gramophone has raised $1 million in pre-Series A funding. The startup works with farmers, providing them with agronomy services and the right inputs during the entire cropping cycle. Delhi-based agritech startup Gramophone has raised pre-Series A funding of $1million from InfoEdge. This is the company’s second round…
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…
The engrossing story of tech startups in the year of SoftBank’s India invasion Most of the time, numbers hide the real story. But at times, they show the complete picture. Consider this: of the $13.5 billion invested in the Indian tech startup ecosystem last year, about $4 billion was invested by Japanese internet giant Soft-Bank,…
THE INTERNET LOVES a good outrage, even over something as mundane as taxes. Over the weekend, venture capitalists and entrepreneurs fumed at a provision in the Senate Republicans’ proposed Tax Cuts and Jobs Act that would affect how stock options are taxed. The change threatens to upend the way startups pay their employees, which has…
Personal finance management startup Fisdom has raised its second round of institutional funding of Rs 25 crore led by Quona Capital. Venture capital fund Saama Capital, which led the first round of Rs 7 crore last October, also participated in this round. Fisdom is a platform that allows users to make financial and investment decisions…