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Pi Ventures hits first close of maiden fund; MakeMyTrip, Flipkart co-founders invest

Tuesday, March 7, 2017 | More »

pi Ventures founding partners Manish Singhal,  Umakant Soni
Early-stage venture fund pi Ventures has announced the first close of its maiden fund at $13 million, with technology entrepreneurs such as former Infosys CFO and Aarin Capital chairman TV Mohandas Pai, Flipkart’s Binny Bansal, MakeMyTrip’s Deep Kalra and Info Edge’s Sanjeev Bikcha...

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.

One year of Startup India: Report card

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 ‘S...

16 January, 2017 | More »

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Temasek-backed InnoVen sets up lenders’ consortium to fund startups

As venture debt financing begins to gain momentum in India, Temasek-backed InnoVen Capital India Pvt. Ltd has created a consortium of banks and non-banking financial companies (NBFCs) to provide debt capital to startups in the country. Christened InnoVen Credit Assistance Program (InnoVenCAP), the p...

4 January, 2017 | More »

NPASource

Banks bad loans listing site NPASource.com raises funds from SIDBI, eyes over $1.57M more within a year

Ahmedabad-based Atishya Technologies Pvt Ltd, which runs NPASource.com, an aggregation portal listing non-performing (or bad) assets of lenders, is planning to raise equity funding of over Rs 10 crore ($1.57 million) within a year, a top company executive told VCCircle. The NPA resolution site that ...

12 September, 2013 | More »

SIDBI launches portal to promote young entrepreneurs

Small Industries Development Bank of India (SIDBI) has launched a website for promoting youth entrepreneurship and simplifying the process of establishing businesses. The website has a number of sections that provide information on a slew of topics that include. Thinking and planning new entrepreneu...

12 September, 2012 | More »