Is it time for Indian startups to start taking manufacturing seriously?

For-Kotak-Startup-Manufacturing-Story_ThinkstockPhotos-471824724In the coming years, there are a few surefire industries in which Indian startups are going to be concentrated. There has been much publicity about the startup boom in sectors such as e-commerce, finance, food, entertainment, pharma, education, software, and travel. However, one area which startups are currently under-emphasising is the manufacturing industry. Manufacturing is […]

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Paytm’s Sharma, Mahesh Murthy on cloud 9 as Musk hints at summer launch for Tesla

It was just a 23-character tweet. But it came from Elon Musk, the maverick founder of electric vehicles giant Tesla Motors. And it was enough to leave the poster boys of India’s startup community euphoric. In response to a question from an apparent Tesla fan, who asked, “eagerly waiting for Tesla to launch in India. […]

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Budget 2017: Govt could do more for startups earning less than Rs 1 crore

Anshuman-Verma_feIf I were in Mr Arun Jaitley’s place today, I would be looking out for Mr Arun Jaitley! He is good. So is our honourable Prime Minister, Mr Narendra Modi. I don’t have much doubt about the present government’s motives / steps toward energising startups in India. However, what I am not sure is whether […]

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One year of Startup India: Report card

The Prime Minister, Shri Narendra Modi addressing at the launch of Start-Up India, Stand-Up India programme, in New Delhi on January 16, 2016.Exactly a year ago, on January 16, 2016, Prime Minister Narendra Modi unveiled the ‘Start-up India, Stand up India’ initiative. As the Vigyan Bhavan auditorium bustled with energy and excitement, hundreds of new-age entrepreneurs looked forward to the historic announcement—the ‘Startup India Action Plan’. After all, for the first time in India, a comprehensive policy […]

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“We will be one of the final two marketplaces,” says Paytm’s Vijay Shekhar Sharma

Vijay-Shekhar-Sharma,-founder,-PaytmVijay Shekhar Sharma, the founder of Paytm, has risen to the occasion to make the most of the demonetization and the cashless economy push initiated by Narendra Modi government. Full-page advertisements in popular dailies, TV commercials, outdoor as well as ambience campaigns across consumer touch-points by the company are a case in point. The forced […]

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SoftBank’s Masayoshi Son to visit India; big announcement on Ola expected

Masayoshi-SonSoftBank Group Corp chairman and managing director Masayoshi Son is coming to India early December when the Japanese telecom and Internet conglomerate is expected to make a few high-profile announcements, said two people directly aware of the upcoming visit. SoftBank is one of the largest investors in some of India’s leading consumer Internet companies that […]

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RBI eases norms for foreign investment in startups

RBIThe Reserve Bank of India (RBI) has allowed Foreign Venture Capital Investors (FVCIs) registered with the Securities and Exchange Board of India (SEBI), the capital markets regulator, to invest in Indian startups without any prior permission from the central bank. The RBI allowed such SEBI-registered FVCIs to invest in “equity or equity-linked instrument or debt […]

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For founders, it’s easier to get into IIT than get tax benefits under ‘Startup India’ programme

Startup_mukul_feMany startups in India have one or more founders who studied at one of the prestigious Indian Institutes of Technology after clearing an entrance exam that only three in 100 managed to pass in 2016. Some of them may now be realising there are tougher tests in life. Consider this: In 2016, 12.07 lakh candidates […]

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Ola reaches out to the last urban commuter with e-rickshaws

Bhavish-helping-PM-Modi-book-Ola-e-rickHomegrown urban transport aggregator Ola has added electric rickshaws, or e-rickshaws, on its mobile app, with Prime Minister Narendra Modi taking the first ride in Noida, bordering Delhi. Ola’s newest offering – which was introduced at a ‘Stand Up India’ event in Noida by the Prime Minister – has been launched in partnership with Lucknow […]

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