Search Results for: startups

Softbank's $350 million cheque makes Delhivery the latest unicorn in Indian startup scene

The investment will primarily be used for expansion into new areas. Delhivery plans to add 5,000 new pin codes to the current 15,000 by the first half of 2020.

Mar 25, 2019

Ola's 6-month suspension in Bengaluru revoked; cab service to resume business immediately

Karnataka's Road Transport Ministry had suspended Ola cabs for six months for operating illegal bike taxis in Bengaluru.

Mar 24, 2019

Flipkart introduces robots in Bengaluru workspace; do humans have reason to worry?

The robots, also known as automated guided vehicles (AGVs), have been designed to carry small products place them in their designated area.

Mar 20, 2019

north block finance ministry finance ministry offices home ministry government of india

Startups cheer as rule changes ease path for receiving new investments

CBDT clarifies relief like an increase in the limit to Rs 25 crore and raising of benefit period to 10 years will be available from February 19

Mar 8, 2019

In a major boost for startups, centre eases tax and funding rules

In an announcement, the government broadened the definition for startups that are exempt from paying angel tax. Importantly, it raised the limit of funding that would be exempt from Rs 10 crore to Rs 25 crore.

Feb 20, 2019

Paytm to take longer than expected to return profits amid surging losses

Rapid expansion strategy may raise Paytm losses to Rs 2,100 crore in FY20 as competition heats up mobile payments field.

Feb 18, 2019

Start-ups on the path to glory: CarDekho, DailyHunt among others to hit $1B valuation

Angel investors must keep their chequebooks ready to back these successful start-ups already on the path to becoming the next unicorns.

Feb 11, 2019

BENGALURU, IndiaMicrosoft Chief Executive Officer Satya Nadella and Flipkart Group Chief Executive Officer and co-founder Binny Bansal attend a news conference in Bengaluru, India, February 20, 2017. REUTERS/Abhishek N. Chinnappa

Flipkart co-founder Binny Bansal focusing energy on nurturing startups

Breaking silence after his Flipkart exit amid #MeToo storm, Binny Bansal is hopeful that his new venture xto10x Technologies will help startups avoid pitfalls he made early on.

Feb 5, 2019

Oyo Rooms to invest $50 million to expand its operations in the Philippines

Oyo is expected to start its operations Manila, Tagaytay, and Cebu with 21 hotels and expand to 10 cities by 2020.

Jan 31, 2019

Caroline Gorski, Group Director of R2 Data Labs, and Kishore Jayaraman, President, Rolls-Royce – India & South Asia, in Bengaluru on January 30, 2019.

Startups in India listen up! Rolls-Royce is scouting fresh talent for data innovation

Start-ups in India focused in the areas of AI, IoT, and other future technologies have an opportunity at Rolls-Royce. Read all about it here.

Jan 30, 2019

Sachin Bansal gets on board Ola with Rs 150 cr investment; app now valued at Rs 4,090 cr

Ola's filings with the Registrar of Companies reveals that Sachin Bansal made the investment on January 12.

Jan 15, 2019

Zerodha becomes top broker in India; upstages established houses

New-age, tech-driven Zerodha pioneered discount pricing to successfully accumulate 8.47 lakh retail clients

Jan 10, 2019

Suresh Reddy replaces Kali Prasad Gadiraju as chapter president of TiE Hyderabad

TiE Hyderabad, the global entrepreneurial network, has announced that Suresh Reddy will take charge as the chapter president from Kali Prasad Gadiraju with effect from January 1.

Jan 5, 2019

Google for India: Start-ups can now apply for Launchpad Accelerator mentorship programme

Google Launchpad Accelerator Class II is slated to commence in March 2019. Once inducted, the start-ups will have to attend a one-week in-person mentorship boot camp in Bengaluru.

Dec 27, 2018

Start-ups get respite but worries persist about 'angel' tax confusion

Entrepreneurs hope CBDT will clarify the situation in a circular and bring some finality to the issue.

Dec 21, 2018

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