For startups, the CFO role comes of age

In late March, the founder of a consumer internet startup created a special team to plan and deal with the pandemic. This team’s aim was to figure out where to cut costs, by how much, when business returns, whether more funding is needed, how to assuage employees and figure out a strategy for the next […]

Excitement is back in startup world as venture capitalists return

“Select startups today are actually closing rounds much faster. While a deal negotiation would have taken even a year earlier, we are seeing terms close in less than a month now. This is an opportunity window for the market leaders in these recovery segments to leap forward much faster than they expected,” says Pranav Pai, […]

This Indian startup wants to be the new CamScanner, without abusing data. Will it work?

“Chinese apps could still operate, but something needed to be done about the data abuse. For Kaagaz, the app, all its data is offline. Even when we launch online storage, our cloud servers will be only in India,” Shrishrimal told Moneycontrol over the phone from Mumbai where the company is based.

Arrow Electronics Empowers Hong Kong Startups to Accelerate Commercialization of Smart Sports Gadgets

Arrow Electronics empowers Hong Kong startups to accelerate commercialization of smart sports gadgets The global sports technology market is expected to grow at CAGR 20.4% by 2027, according to a recent research.1  Founded by sports enthusiasts in 2014, Platysens is a startup focused on sports sensors and analysis. “Today the world of sports has been […]

Top African ICT students compete to represent Sub Saharan Africa in Huawei’s Global ICT Competition

ALSO READ: Huawei 5G: Passes GSMA’s Network Equipment Security Assurance Scheme “Holding the online version of ICT competition during the pandemic has a unique value, it shows that Huawei, as a pioneer in building African digital infrastructure, also takes its talent strategy very seriously. It encompasses three aspects; digital upskilling ICT professionals, encouraging and enabling ICT […]

A keen look at groundbreaking inventions in ICT

As per Prof. Rajaraman: (1) The idea should be novel; (2) It should fulfil a need; (3) It should improve our productivity; (4) It should change the way in which computing is done and computers are used; (5) It should lead to innovations; (6) The invention must have a long life and be continuously used […]

After ban on 118 Chinese apps, Indian startups with investments from Beijing wonder whether they will be on govt radar now

While experts suggest that this phase will be over soon and things between the two Asian giants will normalise, startup founders continue to be wary.The latest case in point is that of food-delivery major Zomato, which had to reach out to other investors in the wake of additional money from Ant Financial reportedly getting stuck […]

IIT Bombay to groom startups and innovators in a post Covid-19 world

An eligible startup can avail a maximum support upto Rs 40 lakh for the proposed technology product or solutions. A total number of 40-50 proposals will be supported under the scheme, said a statement by the MietY. The grant will be divided into two tranches that will be released in a phased manner based on […]

DPIIT ranking: Gujarat again emerges as best state in providing startup ecosystem for budding entrepreneurs

He said that for funding of the startups, the ‘Fund of Funds’ is supporting them and many public sector undertakings are coming forward with dedicated funds to startups. “I am also very keen that Indian industry, Indian investors, high networth individuals, possibly mutual funds, insurance companies should also very seriously consider participating in this very […]

Karnataka’s startup initiative gets recognition from Centre

According to a statement issued by the State government, Karnataka was adjudged ‘top performer’ for the second time in succession mostly in recognition of the State’s development initiatives such as futuristic policies to support new and disruptive technologies, the regulatory committee for reviewing the challenges faced by startups working in emerging technologies, ELEVATE, a concept […]