It is not just the overseas investors wanting their funded Indian startups to house intellectual property rights (IPR) overseas but there are several other reasons for the latter to move out of India, said investors and others.
The Commerce Ministry has notified setting up of the Credit Guarantee Scheme for Startups (CGSS), aimed at providing credit guarantees to loans extended by scheduled commercial banks, non-banking financial companies (NBFCs) and Securities and Exchange Board of India (SEBI) registered Alternative Investment Funds (AIFs).
Bhubaneswar: Aspiring to put Odisha among the top three ‘Startup Hubs’ in the country by 2020, the State government has come up with a ‘Draft Odisha Start-up Policy, 2016’. The Startup policy, with an initial Capital Infrastructure Corpus Fund of Rs 25 crore, shall act as a catalyst in the economic growth of Odisha, creating […]
Hyderabad: H-Bots Robotics, a Hyderabad-based startup, has developed a smart policing robot which can take complaints, detect bombs and identify suspects. The company on Friday launched the Beta version of the robot, which will now be tested on ground over the next six months before its commercial deployment in July next year. A completely indigenous […]
Bengaluru: Emerging e-commerce startup GS Farm Taaza Produce Ltd said on Friday it had raised $8 million (Rs 52 crore) in the first round of funding to invest in scaling its technology platform. “We have raised $8 million from multiple investors, including Hong Kong-based Epsilon Venture Partners to scale our business by using the fund […]
Bhubaneswar: The Department for Promotion of Industry and Internal Trade (DPIIT) is launching the second edition of the National Startup Awards(NSA) 2021. NSA 2021 is an attempt to acknowledge the efforts, initiatives and resilience demonstrated by the several startups over the period of unprecedented challenges during the COVID-19 pandemic. This time additional categories have been […]