Startups News - Page 9

Interview: TaxiForSure bets big on Data Sciences to fight competition

In an interview with Firstpost, TaxiForSure’s Chief Technology Officer Amitava Ghosh shares how technology is the backbone of the company’s operations. Data Science seems a big factor...

Sebi proposes easier norms for start-up IPOs but you may not get to invest

Sebi chief said the norms will be finalised by June this year

Sebi considers easing IPO rules to lure homegrown startups

The Securities and Exchange Board of India is planning rule changes that will make it easier for homegrown start-ups to list their shares on local bourses...

Decoding Flipkart's international listing: Why the company wants to be on Nasdaq, not Nifty

Having raised $2 billion last year, e-commerce giant Flipkart is now reportedly readying for an international listing, and Nasdaq seems to be the preferred choice, considering it is known for listing technology companies and the fact that investors in the US are known to chase e 'growth story' over the profit story.

Meet 11 tech startups graduating from Reliance & Microsoft's GenNext Innovation Hub

GenNext Innovation Hub has opened applications for the second batch to commence in June 2015.

War chest to take on Zomato: Foodpanda gets $110 mn more from Rocket Internet, others

Foodpanda will invest in further optimising and strengthening its product and operations

Poaching staff? Here's Housing CEO's epic email spat with Sequoia Capital India chief

Housing.com's founder Rahul Yadav wrote an angry mail to the chief of Sequoia Capital in India.

Budget 2015: Rs 1,000 cr fund is a confidence booster but start-ups fear red tapism

The government’s much touted Make in India programme, the National Skills Mission would all get a shot in the arm with the government declaring its intent for the startup sector in the budget.

Online dating startup TrulyMadly raises Rs. 35 cr; plans to strengthen tech team

"We plan to grow to five million users by next year and sustain our leadership position in the dating and match-making space."

Budget 2015 hits IT industry, fails to address key issues: NASSCOM

Budget 2015 does cover some part of these priorities. However, some concerns remain and we would urge the government to address these issues on priority."

Budget 2015: 'Higher service tax may lead to rise in pirated software in the country', says Microsoft

Many of the announcements made in previous budget, which were geared to minimize/resolve transfer pricing litigation are yet to be implemented.

Budget 2015: FM proposes comprehensive Bankruptcy Code to promote entrepreneurship

"Bankruptcy law reform, that brings about legal certainty and speed, has been identified as a key priority for improving the ease of doing business," he said in the Budget 2015-16 presented to Parliament.

Economic Survey: India home to 3,100 startups, ranks 4th in the world

Recognizing the need for greater penetration of IT Services domestically, the Survey notes that the Government’s ‘Make in India’ mission has included IT and BPM among the 25 focus sectors.

Budget 2015: Tech startups get Rs 1,000 crore boost; SETU to be set up

SETU will be a Techno-Financial, Incubation and Facilitation Programme to support all aspects of start up businesses, and other self-employment activities, particularly in technology-driven areas.

'Pragmatic, growth-oriented, and SME-friendly budget', says Gartner

Along the same lines, the nod to the ‘start-up ecosystem’ in the country is a major positive. This is the first time such language has made its way into the budget...

Budget 2015: FM proposes an expert committee, E-biz portal to promote ease of doing business

The government aims towards ease of doing business, he said adding he has recently launched an E-biz portal which integrates 14 regulatory permissions at one source.

New to a city? Let the SeekSherpa app help you explore like a local

Started in 2014 by Sukhmani Singh and Dhruv Raj Gupta, SeekSherpa is a mobile-based marketplace that connects locals and travellers to facilitate unique, travel experiences.

Budget 2015: What happened to the Rs 10,000 cr startup fund Mr Jaitley?

Industry leaders allege that beyond the budget announcements, the implementation of the scheme has been poor on the ground.

Flipkart bets big on analytics to become a tech powerhouse

We are now stepping up our tech focus across mobile and marketplace tools. Our technology team is also beginning to look more closely at data analytics and innovation, says Flipkart.

Other inventory-led etailers are burning billions; we have no such issue: Snapdeal's Bahl

Kunal Bahl likens Snapdeal's trajectory to that of the Chinese e-commerce giant Alibaba which became profitable only after 11 years

Budget 2015: NASSCOM seeks clarity in several long pending issues

The IT industry body has asked the government to address regulatory and tax challenges for technology startups and SMEs, like difficulties in access to funding for low asset based firms...

It's official: Snapdeal acquires designer wear portal Exclusively.com

Snapdeal said it hoped to reach a Gross Merchandise Value of $2 billion in the fashion category this year aided by the acquisition.

Snapdeal may be looking to buy designer apparel seller Exclusively.in to take on rivals

Looking to strengthen its fashion business in order to take on rivals Myntra and Jabong, Snapdeal may acquire Exxlusively,in, a website that sells only designer brands.

Zomato to get 'food-delivery' feature by mid-March: Here's how it will work

Zomato, which recently announced a cashless facility for users in Dubai at select restaurants, is planning to launch a new service which will let customers in India order directly from the app/site.

We will continue to work as long as there is money on the table: TaxiForSure CEO

Cab aggregators are all eyeing expansion into newer cities even as clientele in Mumbai, Delhi and Bengaluru is expanding simultaneously. But there has been continuous buzz about at least one cab aggregator, TaxiForSure, being an acquisition target.

Snapdeal upgrades app for sellers as 30% of its trader base are now on mobile

The seller zone app, which is the country's first ever mobile managed online marketplace application for sellers, allows sellers to list products through Snapdeal.com.

FreeCharge, the online bill payment service, gets $80 mn in fresh funding

The company, founded in 2010, enables users to recharge pre-paid and post-paid mobile phones online and get rewarded with discount shopping coupons for using its site.

Zomato's buying spree continues: Co acquires Turkey's Mekanist in all-cash deal

Just two weeks after Delhi-based online restaurant search service Zomato entered the US with a big bang, the company today marked its seventh acquisition in the last six months by buying out Turkey's prominent restaurant discovery portal Mekanist in an all-cash deal.

Betting on more investments: Arvind Mayaram says target of 4.1% fiscal deficit feasible

India's top finance ministry official said that plans announced in this week's budget to stick to a fiscal deficit target of 4.1 per cent of GDP are "very credible", despite criticism from ratings agencies that the number is optimistic.