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The Startup India, Standup India initiative has scripted a new chapter in the history of Indian business, with Prime Minister Narendra Modi announcing several crucial initiatives to boost the startup ecosystem in India. Registration of a startup in one day, 80 per cent rebate on filing of patent applications by startups, tax exemption for the first […]
19 Jan 2016
Who would have thought that the two 25 year-old young graduates from IIT-Delhi who were distributing bookmarks outside Gangaram bookstore (Bangalore) in 2007, will own a $5 billion company one day? Exactly, 13 years and 3 months after Amazon was started, two of its ex-employees from India decided to take up the idea of selling […]
29 Jul 2014
[UPDATE] So, 29th of July is going down in history for witnessing the largest ever VC funding round in an Indian company. Flipkart has officially announced $1 billion funding round co-led by Tiger Global Management and Naspers. Singapore’s sovereign wealth fund, GIC, along with existing investors Accel Partners, DST Global, ICONIQ Capital, Morgan Stanley Investment […]
29 Jul 2014