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Posts Tagged ‘ startups ’

Flawed business model or funding crunch: What led to startup shutdowns?

Friday, December 9, 2016 | More »

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The startup euphoria that was evident in 2015 seems to have subsided in 2016 with the demise of several well-funded ventures such as PepperTap, Intelligent Interfaces, Fashionara, Purple Squirrel and Flashdoor. According to a Techcircle analysis, at least 32 funded tech startups reported shutting do...

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One funded Indian tech startup shut shop every 10 days this year

Well begun, as they say, is half done. By that measure, startups that managed to raise funding from marquee investors such as Sequoia Capital, Matrix Partners and Helion Ventures even before they began to earn revenue would surely have been on the path to success. But, a beginning however great is j...

6 December, 2016 | More »

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Markdowns reflect sentiment, vital to see if firm is on right path: IAN’s Srivastava

Dozens of startups have shut shop in 2016 while many others have struggled with a funding crunch and valuation markdowns. But serial entrepreneur and investor Saurabh Srivastava is not too perturbed. The chairman and co-founder of the Indian Angel Network (IAN), one of the largest and oldest angel g...

1 December, 2016 | More »

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Weekly startup funding roundup in charts

In the week gone by, 16 startups raised funding with 12 of them being based out of Mumbai, Bengaluru and Gurgaon. The biggest deal of the week saw Gurgaon-based non-banking financial company Aye Finance receive $10.26 million in a Series B round of funding from LGT Impact Ventures, SAIF Partners and...

28 November, 2016 | More »

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Startup industry welcomes SEBI’s move to relax rules for angel investments

All stakeholders of the startup ecosystem – entrepreneurs, investor and even lawyers – are welcoming the Securities and Exchange Board of India’s decision to relax rules for angel investments in startups. On Wednesday, SEBI eased rules for angel investments in young, fledgling firms and in...

24 November, 2016 | More »

SEBI

SEBI relaxes rules for angel investments in startups

The Securities and Exchange Board of India on Wednesday eased rules for angel investments in startups following a recommendation from a panel of experts chaired by Infosys co-founder NR Narayana Murthy. The capital markets regulator also tightened disclosure norms for private investments in public e...

23 November, 2016 | More »

GST

What bearing would GST have on startups?

The biggest tax reform in independent India is on way to implementation with a four-slab structure proposed by the government. The Goods and Services Tax or GST is essentially a single tax on the supply of goods and services, all the way from manufacturers to consumers. The final consumer will be ch...

7 November, 2016 | More »

Pranay Gupta

Challenge is to deliver what you promise: 91springboard’s Pranay Gupta

It’s a challenging time for startups as with their rapidly-growing numbers comes the pressure to surpass expectations with innovative ideas that can lure fund houses that are looking at growth possibilities. As a ‘startup-hub’, India ranks third globally with over 4,750 startups, as per NASSCO...

1 November, 2016 | More »

RBI

RBI allows startups to raise $3 mn a year in overseas loans

The Reserve Bank today permitted startups to raise external commercial borrowings (ECBs) of up to USD 3 million in a financial year, a move aimed at boosting innovation and promoting job creation. “The borrowing should be denominated in any freely convertible currency or in Indian Rupees (INR)...

27 October, 2016 | More »

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India comes close to displacing UK as second-largest startup nation

Despite a 22% fall in fund inflow over the last year, India has closed the gap with the second-largest startup ecosystem UK, which is estimated to have around 4,900 startups in 2016, according to Nasscom Startup Report 2016. In spite of the funding crunch, the country retained its position as the th...

26 October, 2016 | More »

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