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Sunday, January 26, 2020

Tech startups

TECH STARTUPS NEWS

Inside the high-stakes race to build the world’s first flying taxi

November 06, 2019 7:04 pm

Expectations that aerial taxis will be a reality in the coming years are quickly building. Companies like Lilium are testing their machines, laying the groundwork for wider production and starting discussions to gain support from government officials.

Silicon Valley is tweaking its old mantra of spend big, grow fast

October 09, 2019 3:32 pm

For the last decade, young tech companies were fueled by a wave of venture capital-funded excess, which encouraged fast growth above all else. But now some investors and startups are beginning to rethink that mantra.

Why Wall Street has started to run away from companies backed by Masayoshi Son's SoftBank

September 27, 2019 10:50 am

In what may turn out to be a reckoning for Son, Wall Street has started running from companies backed by SoftBank and its Vision Fund.

Behind WeWork CEO's rise and fall: A Wall Street bank playing many angles

September 26, 2019 1:54 pm

While SoftBank, the Japanese conglomerate, is the biggest and most notable investor in WeWork’s parent company, JPMorgan has been one of its most ardent backers for years, working multiple sides.

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

August 01, 2019 6:35 pm

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

July 16, 2019 6:49 pm

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

Fintech companies target MSMEs amid push for paperless transactions

March 25, 2019 1:02 am

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

February 19, 2019 3:34 pm

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

October 01, 2018 4:51 pm

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

July 26, 2018 8:18 am

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.