The engrossing story of tech startups in the year of SoftBank's India invasion Most of the time, numbers hide the real story. But at times, they show the complete picture. Consider this: of the $13.5 billion invested in the Indian tech startup ecosystem last year, about $4 billion was invested by Japanese internet giant Soft-Bank, and the top five funding…
THE INTERNET LOVES a good outrage, even over something as mundane as taxes. Over the weekend, venture capitalists and entrepreneurs fumed at a provision in the Senate Republicans’ proposed Tax Cuts and Jobs Act that would affect how stock options are taxed. The change threatens to upend the way startups pay their employees, which has historically been a key advantage…
Personal finance management startup Fisdom has raised its second round of institutional funding of Rs 25 crore led by Quona Capital. Venture capital fund Saama Capital, which led the first round of Rs 7 crore last October, also participated in this round. Fisdom is a platform that allows users to make financial and investment decisions for long-term financial planning. The…
City-based FixNix is the only Indian company to feature in RegTech 100, a list of world's most innovative companies that every financial institution needs to know about in 2018. The 100 companies were chosen by a panel of industry experts who reviewed an analysis of 416 RegTech companies that was undertaken by data and research firm FinTech Global. "The selected…
Failure or success of any start-up also depends on the idea that drives it, Finance Minister Arun Jaitley said when asked why several Indian start-ups have failed over the past three years. There is no country in the world that has a 100 per cent success record of start-ups and the failure or success of any start-up also depends on…
India enlarged the definition of what constitutes a startup to a venture that's as much as seven years old from five now, relaxed the norms for tax benefits and included employment generation potential to give a big push to job creation and entrepreneurship. "These changes are an effort to ensure ease of starting up new businesses to promote the startup…
It seems like a tough job. You never know when it is the right time to call something off or to sign up for something. But here is where the entire difference lies. You are a founding member of a future whale of Startup sea. And what do whales do? They dominate, play smart and other fellow whales fear the…
With the recent elections and the declaration of the new government for various areas, people have this question in mind- What does this particular government hold in its first for the youngsters of the nation? We have these brilliant brains out here who just need the right thrust and the right push to be aligned in the position where india…
When it comes to a newly started anything, everybody makes mistakes. Mistakes are indeed human nature and anyone who does not make mistake in literal terms does not exist. What varies is the extent of mistakes one makes and their interest to learn from mistakes others made. If someone is considerate enough about learning about mistakes other people have made…
The entrepreneurs face an extreme money situation while launching a startup. Where can we save money and where can we avoid spending it, these are major mind boggling questions for a startup. Well, people reading this and going through this very situation can very well relate to this. All a growing startup needs is a cheap and efficient aid that…