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Start ups News
Baidu-backed online tutor Zuoyebang seeks new funding at $10 billion valuation - sources
Wed, Sep 30, 2020
Chinese online education startup Zuoyebang has started a new fundraising drive at a valuation of $10 billion, said two people with direct knowledge of the matter, as investor appetite for the sector continues to surge amid the COVID-19 pandemic
Survey: Corona impact on start ups, Watch this report
Mon, Jul 06, 2020
Start ups bear the brunt of covid 19 impact and shuts most of the companies, survey says
IIT Madras start-up develops smart dustbin system to prevent COVID-19 spread
Mon, Apr 27, 2020
"While we are dealing with the spread of COVID-19, hazardous waste is being generated in hospitals, quarantine zones or red zone areas within cities. They are potential sources of coronavirus and can cause further spread within the locality. This makes timely clean-up of bins vital along with other best practices for disinfection to prevent further spread of COVID-19," said Mahek Mahendra Shah, a Mechanical Engineering graduate from the institute.
Microsoft 'ScaleUp' nurtures 18 startups in 12 months
Wed, Dec 18, 2019
Furing the engagement spanning eight to 12 months, the selected startups have opportunities to regularly engage with industry experts and leverage the Microsoft Partner Network for business growth.
Arjun Kapoor aims to bring change towards gender parity with Foodcloud startup
Thu, Dec 12, 2019
"To me, this can become a huge step towards finding self-respect, self-reliance, and self-empowerment. I`m delighted with the response that I have got so far and the team is constantly on the lookout to find the best stay at home chefs from various cities and bring them on the platform. We are looking to find the best culinary heroes from every locality of India," he said.
Boost for startups in India: VC firm Accel Partners raises $550 million for new fund
Tue, Dec 03, 2019
Increased internet access and a growing middle class have led to a boom in startups in India. Japan`s Softbank Group Corp has said it expects to invest up to $4 billion in the country over the next two years.
Facebook, T-Hub empower 10 AI-driven Indian startups
Tue, Nov 26, 2019
Ravi Narayan, CEO, T-Hub, said that the country needs an innovation ecosystem that allows entrepreneurs to think beyond the limits and "empower them to address the critical challenges faced by two-thirds of the population in our country".
Create 12 lakh direct jobs by 2025? Yes, that is the potential of Indian start-ups
Thu, Nov 07, 2019
"There is increased activity in edtech, retail & retail tech, HR, and healthtech technology start-ups with significant improvement in sectors like agritech, aerospace, defence and space," said the report that Nasscom brought out in collaboration with global management and strategy consulting firm Zinnov.
India jumps 5 places to 52nd rank in global innovation index 2019
Wed, Jul 24, 2019
India improved its ranking in the global innovation index by five places to 52nd in 2019 from 57th position last year, according to a report released Wednesday.
Start-up Vested Finance gets pre-seed funding from Venture Catalysts
Fri, Jul 19, 2019
Vested was founded by Viram Shah, Darwin Arifin and Eric Huynh. Viram was previously an investment banker with J.P. Morgan while Darwin has deep knowledge in new-age technological solutions at Intel.
Good news for Startups! Funds raised will not require any tax scrutiny
Fri, Jul 05, 2019
FM Sitharaman in her maiden Budget speech mentioned that the startups and investors who provide requisite documents will not be subject to angel tax assessment."
Budget 2019: Ronnie Screwvala explains what startups and small businesses want from Modi government
Tue, Jul 02, 2019
There are emerging challenges in the job market coming from rapid changes in technology and automation. India's higher education institutes need to gear themselves up towards addressing these new challenges.
GoDaddy's new solution targets small businesses in India
Mon, May 27, 2019
"Our aim is to help ensure more online adoption among Indian businesses, by giving them easy-to-use and affordable products to turn their dreams into reality online," Nikhil Arora, Vice President and Managing Director, GoDaddy India, said in a statement.
Reinvest fast or some startup will gobble you up: AWS
Tue, May 21, 2019
The company has a shared security model, which means it has to focus on the security of everything - from the service all the way down to the hardware, the data centre and the physical security.
DPIIT proposes relaxation in income tax law to help start-ups raise funds
Sun, May 05, 2019
"Start-up promoters presently need to hold 100 per cent shares for carrying forward of losses. The requirement needs to be reduced to 26 per cent, as it will encourage new investors to invest in start-ups," they said.
Baxi-Fresh raises Rs 2-cr from existing investors
Mon, Apr 01, 2019
Baxi-Fresh employs part-time delivery staff who deliver milk, groceries and other household products between fixed morning hours. The company already has a fleet of 900 part-time bikers. The company recently partnered with Mother Dairy and Patanjali to use their fleet of part-time bikers for morning deliveries from partner stores.
Money Guru: All you need to know about Angel tax
Tue, Feb 26, 2019
This segment of Zee Business brings to you latest information on Angels tax and why this tax has worried startups now. Watch this video to know more.
Government may raise investment limit of angel tax concessions for startups
Sat, Feb 09, 2019
Officials of the department for promotion of industry and internal trade ( DPIIT ) and Central Board of Direct Taxes (CBDT) are holding series of meetings to find a solution of the angel tax issue being raised by startups.
Start Up India: Government reduces allocation in FY'20 Budget
Sun, Feb 03, 2019
There are 19 components under the Startup India action plan spanning across areas such as simplification and hand holding, funding support and incentives, and industry-academia partnership and incubation, according to the documents.
Resolve taxation issues being faced by startups getting angel funds: Prabhu to Jaitley
Fri, Dec 28, 2018
Commerce and Industry Minister Suresh Prabhu has asked his finance counterpart Arun Jaitley to resolve taxation issues being faced by startups in getting angel funds.