Good News for Startups: Amendment in Companies (Share Capital & Debenture) Third Amendment Rules

Tuesday, August 23, 2016 Comment

In a welcome move, the Ministry of Corporate Affairs on 19 July 2016 issued a notification amending the Companies (Share Capital & Debenture) Third Amendment Rules, 2016 (Rules...


Local content discovery platform NearFox gets angel funding from Globevestor, others

Thursday, August 25, 2016 Comment
Mumbai-based local lifestyle content and discovery platform NearFox said on Thursday it has raised funding from a group of investors that included the Globevestor Angel Fund. Deven...


Fireside invests in wearable tech startup Witworks

Thursday, August 25, 2016 Comment
Bangalore-based consumer IoT firm Witworks Consumer Technologies Pvt. Ltd. has raised an undisclosed amount of investment from Fireside Ventures, Investopad, P39 Capital and a synd...

TC Panel 5

Overvaluation can mess it up for startups in the long run: Panellists at TechCircle meet

Thursday, August 25, 2016 Comment
Valuing a business correctly holds equal importance for the investor as it does for a startup—the short-term win that comes from overvaluation can mess it up for startups in the ...


Will LYF handsets survive the 4G litmus test?

Thursday, August 25, 2016 1 Comment
It was only last year that billionaire Mukesh Ambani-led Reliance Industries unveiled its proprietary smartphone range, LYF, which operates on 4G LTE technology. Fast forward to 20...


No downsizing or integration of manpower post Jabong’s acquisition, says Myntra CEO

Thursday, August 25, 2016 Comment
Flipkart-backed fashion portal Myntra recently crossed $1 billion in annualised Gross Merchandise Volume (GMV) run rate, becoming the first Indian fashion e-tailer to hit the miles...


Cybercrime cases in India jump fourfold in three years, finds Assocham-PwC study

Thursday, August 25, 2016 Comment
Cybercrime cases in the country registered under the IT Act surged nearly 300 per cent between 2011 and 2014, according to a study, which cautioned that cyberattacks around the wor...


Start shopping, paying bills from mobile as Unified Payments Interface goes live

Thursday, August 25, 2016 Comment
National Payments Corporation of India (NPCI) today said the Unified Payments Interface (UPI) is live and currently available for customers of 21 banks. UPI is a payment solution w...


IIT Bombay bans Portea, Peppertap for revoking job offers

Thursday, August 25, 2016 Comment
Premier tech school IIT Bombay today blacklisted nine companies including startups like Portea Medical and Chinese firm Johnson Electric from placements for one year as a penalty f...


Kunal Bahl, Rohit Bansal highest paid among Indian unicorn executives

Wednesday, August 24, 2016 3 Comments
Their corporate babies may have scaled the milestone of $1 billion valuation but founders of most tech ‘unicorns’ in India are modestly paid folks. However, thanks to some gene...


Leverage venture debt early on, panellists at TechCircle summit tell entrepreneurs

Wednesday, August 24, 2016 Comment
At a time when entrepreneurs are having a tough time to raise follow-on venture capital funding, venture debt is coming to the rescue of VC-backed startups, providing them longer c...