Hardware start-ups warm up to Make in India

    Photo: Ramesh Pathania/Mint When Prime Minister Narendra Modi exhorted entrepreneurs to make in India in his 2014 Independence Day speech, it was touted as a watershed moment for the manufacturing sector, which accounted for 17.3% of the country’s gross domestic product in 2013-14. The corresponding number for China stood at 36%, according to the World […]

    Amazon to buy Emvantage Payments

    The announcement comes shortly after Amazon infused an additional Rs.1,696 crore into its India unit in December 2015 to take on local rivals Flipkart and Snapdeal. Photo: Reuters Bengaluru: Online marketplace Amazon Tuesday said it will buy online payments firm Emvantage Payments Pvt. Ltd to develop India-specific payments solutions. The announcement comes shortly after Amazon […]

    Tracxn unveils platform to help angels exit start-ups

    Abhishek Goyal, co-founder, Tracxn. Photo: Hemant Mishra. Bengaluru: Start-up data analytics provider Tracxn Technologies Pvt. Ltd has launched an Internet platform aimed at helping early investors in mature start-ups sell their shares by connecting them to venture capital (VC) firms and other institutional investors. If the platform, called TracxnSecondary, gains scale, it will increase liquidity […]

    John Varghese to be St. Stephen’s College’s new principal

    A file photo of St.Stephen’s College, Delhi. Photo: Hindustan Times New Delhi: John Varghese, professor at Hyderabad’s English and Foreign Languages University will be the new principal of St. Stephen’s College in Delhi after Valson Thampu retires from the post later this month. The Supreme Council of the college which includes members of Church of […]

    Beti Bachao Beti Padhao scheme extended to 61 more districts

    Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Madhya Pradesh, Maharashtra, NCT of Delhi, Punjab, Rajasthan, Uttar Pradesh and Uttrakhand are the 11 states where the scheme has been expanded. Photo: Ramesh Pathania/HT New Delhi: A week after Union women and child development (WCD) minister Maneka Gandhi announced the expansion of the Beti Bachao Beti Padhao […]

    IITs look to nurture start-ups, host companies’ R&D centres

    Around 40 start-ups work out of the IIT Madras research park. In the next six months, that number is slated to go up to 200. Tanuj Jhunjhunwala, 24, quit his job in a multinational car maker to return to his alma mater, the Indian Institute of Technology (IIT), Madras, to start an underwater robotics company. […]

    Meet the first Indian start-ups to adopt IBM Watson platform

    A file photo of IBM’s headquarters in Armonk, New York. Kartik Mohla, a graduate in management information systems, used to work at an US investment bank before he came back to India to join his family business that helps companies boost the skills and productivity of their employees. Now, he is the CEO of InspireOne […]

    Food-tech firms eye institutional orders to increase cash flows

    Yumist piloted institutional sales with 25 companies in Gurgaon in January and has now expanded to South Delhi and Bengaluru. Food-tech start-ups such as Yumist, Bite Club and InnerChef have started serving institutional customers such as Google, Citibank, Snapdeal, Yatra and Oyo Rooms across Delhi, Gurgaon and Bengaluru in an effort to build scale and […]

  • Uncategorized
    Xiaomi unveils Mi5 smartphone to spearhead sales drive beyond China

    Xiaomi became the world’s second most-valuable startup after a 2014 funding round that valued it at $45 billion. Photo: Bloomberg Beijing: Xiaomi Corp. trotted out its latest marquee smartphones as billionaire co-founder Lei Jun counts on the Mi5 to kick-start growth and claw back share in a slowing Chinese market. The new phone will go […]

    Ibibo to raise $250 million from Naspers

    A file photo of Ashish Kashyap, founder and chief executive officer, Ibibo Group. Photo: Mint New Delhi: Indicating a huge opportunity in the travel and hotel booking space, South African media company Naspers Group on Wednesday announced its plans to invest an additional $250 million in online travel venture Ibibo Group, which owns and operates […]

  • NEWS
    Google partners TechHub to help startups

    Photo: Reuters New Delhi: Search giant Google Inc. on Wednesday said it has partnered with TechHub, a global community for tech entrepreneurs, as it tries to help startup companies. TechHub, which helps tech companies across the world scale their businesses, said the collaboration will benefit Indian startups. TechHub members in Bengaluru, Riga, Bucharest, Madrid, Warsaw […]