Tech startups

Tech startups News

Elevate 2019 Startup winners: Full list of 100 winners announced by Karnataka Govt

Full list of 100 startups picked as winners of Elevate 2019, a Karnataka government programme organised by the Department of IT-BT and Science and Technology.

From meters to sensors, startups come up with unique solutions to beat Chennai water crisis

The companies have come up different innovations to help conserve water and stave off a major crisis.

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Fintech companies target MSMEs amid push for paperless transactions

The RBI has brought such companies in its “Peer to Peer Lending Platform” as intermediaries who provide the services of loan facilitation via online medium or otherwise to the participants.

Commerce Ministry relaxes Angel Tax norms for startups

The move, which is to ensure availability of funds for startups, follows concerns regarding the taxation of angel investments in this sector. The Central Board of Direct Taxes will notify the changes separately.

35-year-old unknown creates the world's most valuable startup

Bytedance is the first Chinese startup to emerge from the dwindling cohort of mobile players that hasn’t sought protection or funds from either Alibaba Group Holding Ltd or Tencent.

Quest for easy capital to scale ops makes new-age firms cede control to foreign investors

For the six – Flipkart, Snapdeal, Paytm, Ola, Zomato and the latest entrant Swiggy – it was the quest for capital to scale their businesses that was easily available from entities across the border that had the founders dilute their stakes in their ventures.

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Leading startup thinks Kerala will be top digital hub in a decade, here is why

The massive investment from Temasek through a minority stake has now heralded UST Global as Kerala’s first homegrown unicorn with a $1 billion valuation.

Accelerator and incubation centre for start-ups set up to promote entrepreneurship in Marathwada

MAGIC, which took part in the Magnetic Maharashtra summit held in Mumbai, is trying to build a start-up ecosystem in the Marathwada belt.

Flipkart, PayTM on hiring spree for fresh graduates, says report

The Indian e-commerce market will grow at the rate of 30 per cent a year until it reaches a valuation of $ 200 billion by 2026. A maximum number of job postings were located in Delhi/NCR (at 83 per cent). 

Over 1,000 tech startups added in 2017, says Nasscom

Fin-tech start-up base is estimated to be 360 in 2017 indicating at 31 per cent year on year growth with over USD 200 mn funding received in the first half of 2017, recording a growth of 135 per cent since the comparable period in 2016, it said.

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