“We...have to see how best we can remove the clutter in such a way that your [startups] core business interest are the ones in which you are going to focus rather than think about what compliance have to be attended to,” she added. … [Read more...] about Govt working to make start, exit easy for startups
Startup
2015 was the biggest year for Indian Startups
According to report of the “Expert Committee on Innovation and Entrepreneurship”, constituted by NITI Aayog, Indian entrepreneurs spend an average of four-to-five times more effort raising funds compared to their American counterparts. The report cites early stage funding as a challenge, with angel investments in India comprise only seven percent of early-stage investing as compared to seventy-five percent in the US. … [Read more...] about 2015 was the biggest year for Indian Startups
Cardiac monitoring firm wins tech contest hosted by Google at Startup India
The Bengaluru-based firm combines communications and heart monitoring technology and is designed for use in rugged rural conditions.The patient can be monitored from home. The cardiologist will be able to remotely interact and diagnose the patient using his cell phone. … [Read more...] about Cardiac monitoring firm wins tech contest hosted by Google at Startup India
Startup mission looks beyond IITs, IIMs
The Human Resource Development Ministry and the Department of Science and Technology have agreed to partner in an initiative to set up over 75 such startup support hubs in the National Institutes of Technology (NITs), the Indian Institutes of Information Technology (IIITs), the Indian Institutes of Science Education and Research (IISERs) and NIPERs or National Institutes of Pharmaceutical Education and Research. … [Read more...] about Startup mission looks beyond IITs, IIMs
Narendra Modi announces ₹1,000-crore ‘Startup India Seed Fund’
"In order to provide initial capital for startups, the nation is launching a ₹1,000 crore Startup India Seed Fund. This will help in setting up new startups and promote their growth," the Prime Minister said. … [Read more...] about Narendra Modi announces ₹1,000-crore ‘Startup India Seed Fund’