NEWS AT A GLANCE
'Info Edge' and Others Invest in E-Commerce Platform 'ShopKirana'
'Mumbai Angels Network' Invests in Startup 'Fric Bergen'
Walmart India Shuffles Top Management, Appoints New Head
Priyanka Chopra-Backed 'Bumble' Debuts in India
Zomato signs in 'Durga Raghunath' to accelerate growth in businesses>

Category Archives: News

News

Startups under ‘Startup India’ get a new definition

Now there’s a larger definition for startups….. India has finally broadened the definition of ‘startups’ eligible under ‘Startup India Initiative.’ In a move to boost entrepreneurship and employment, Modi government has upped the age of startups, to seven from five now; relaxed the norms for tax benefits and included employment generation potential. According to a…
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‘Make in India’ ushers in ‘Buy in India’

Cabinet approves policy for buying in India… In a move to promote ‘Make in India’ flagship programme, the Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved a policy for providing preference to it in government procurements. The new policy will give a substantial boost to domestic manufacturing and service provision, thereby…
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Who gets the ‘GeM’? Flipkart or Amazon?

Flipkart and Amazon strongly compete over GeM now. Catch the latest update... Bigwigs in the e-commerce business, Flipkart and Amazon, are eyeing to tap into the government’s biggest buying platform from the country, for purchases. Sources have revealed that both these companies are interested to avail the managed service provider(MSP), against a request for proposal…
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Startup India Summit begins in UAE on Tuesday

More to share on the startup tale. Have a quick look... In a historic move, the Consulate General of India (CGI) holds its first two-day ‘Startup Summit’ in the UAE on Tuesday. The event is organised by CGI in partnership with iSPIRIT, a non-profit organisation, supported by TiE, Dubai. It aims to provide a transparency…
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