Think your startup can be India’s next Unicorn? Apply to the Amazon Smbhav Entrepreneurship Challenge

Using innovation as a tool, startups today are striving ahead to simplify lives with technology and leaving behind traditional businesses as a contributor to the Indian economy. Right from democratizing…

Continue ReadingThink your startup can be India’s next Unicorn? Apply to the Amazon Smbhav Entrepreneurship Challenge

Govt to launch portal for promoting domestic investments by May

The government is developing a portal, Atmanirbhar Niveshak Mitra, for handholding, information dissemination, and facilitation of domestic investors, the commerce and industry ministry said on Friday.The portal is in testing…

Continue ReadingGovt to launch portal for promoting domestic investments by May

[Funding alert] Svasti Microfinance raises Rs 31 Cr from existing investors

Svasti Microfinance Private Limited (Svasti) on Thursday said it has raised Rs 31 crore from its existing investors Adar Poonawalla, Nordic Microfinance Initiative (NMI), and Rajiv Dadlani Group.In 2015, Svasti…

Continue Reading[Funding alert] Svasti Microfinance raises Rs 31 Cr from existing investors

Indian healthtech market growing at 39 pc CAGR to reach $5B by 2023: Report

The Indian healthtech market is growing at a 39 percent CAGR to reach $5 billion by 2023, according to the IAMAI-Praxis report titled ‘HealthTech Predictions 2021.’ The report, which was…

Continue ReadingIndian healthtech market growing at 39 pc CAGR to reach $5B by 2023: Report

[Funding alert] Homegrown OTT platform STAGE raises Rs 3.5 Cr in angel round led by Inflection Point

Delhi-based OTT platform STAGE on Friday announced that it has raised Rs 3.5 crore in an angel round, led by Inflection Point Ventures. Paytm’s Vijay Shekhar Sharma, along with other investors…

Continue Reading[Funding alert] Homegrown OTT platform STAGE raises Rs 3.5 Cr in angel round led by Inflection Point

Govt approves 33 API applications with over Rs 5,000 Cr committed investment under PLI scheme

The government has approved a total of 33 applications with a committed investment of Rs 5,082.65 crore under the production-linked incentive (PLI) scheme for active pharmaceutical ingredients (API), an official…

Continue ReadingGovt approves 33 API applications with over Rs 5,000 Cr committed investment under PLI scheme