MeitY Start-up Hub (MSH), an initiative of the Ministry of Electronics & IT (MeitY), aimed at strengthening the deep-tech ecosystem across India, has entered into a partnership with Dell International Services India Pvt. Ltd. (Dell Technologies). According to a statement, the said collaboration shall help the start-ups by providing mentorship and training for their upskilling,…
Tag: Start-up Ecosystem
Indian startups and SMEs running out of cash due to coronavirus crisis
by
•The coronavirus pandemic has not only affected human interaction but has brought the economy to a complete halt. The impact of the crisis can be seen taking a toll on several new-age startups and SMEs who have now resorted to cost-cutting measures. Companies like OYO, Swiggy, Meesho, Bounce, Udaan, and Paytm have either laid off…
Transportation startup Porter raises ₹140Cr in Series D funding round
by
•Mumbai-based on-demand logistics marketplace, Porter, has recently announced it has raised ₹140Cr in Series D funding round from Lightstone Global Fund. The recent fund infusion comes at a time when logistics is a big issue for the organizations that are delivering essential services at doorstep due to ongoing lockdown. According to the company filings made…
India becoming a Silicon Valley of its own
by
•India has been long known as the world’s outsourcing destination. From housing BPOs for the world’s biggest tech companies to moving forward as a manufacturing hub for the world, India has come a long way. The country is aggressively reinventing itself as an innovation hub and boasts of 27 home-grown unicorns who are leading the…
Start-up India tableau to be showcased at Republic Day Parade
by
•The objective for showcasing the tableau is to motivate and inspire people to generate wealth and become job creators and not just stay limited to job seekers. The Ministry of Commerce and Industry has announced that it will showcase a tableau based on the government’s initiative Start-Up India at the 71st Republic Day Parade. The…
Unicorn Club: How Indian start-ups are making their mark
by
•The Unicorn Club is a group of new-age start-ups with a valuation above a billion-dollar. Any new start-up that emerges in the ecosystem aspires that one day it will reach this exclusive club. But not everybody is welcome. The term was first coined in 2013 by venture capitalist Aileen Lee, choosing the mythical animal to…