After Jio, Airtel too invests in ‘startup accelerator’ program

Telecom services provider Bharti Airtel said it was launching a new ‘start-up accelerator’ program aimed at finding and investing in promising start-ups. The company said the first investment has been made in a blue-collar job-search software from Bengaluru based tech startup Vahan. The size of the investment was not revealed. “Founded in 2016 and backed […]

Thyrocare board says no to founder Velumani’s offer to buy scanning arm

Directors of diagnostic chain Thyrocare today said no to founder and chairman Arokiaswamy Velumani’s offer to buy out its latest venture aimed at democratising access to cancer diagnostic services. At present, cancer screening and diagnostic services are extremely expensive, and Velumani — the son of a landless farmer — has been working for some time […]

VG Siddhartha never asked for a favor – HD Kumaraswamy

HD Kumaraswamy, former chief minister of Karnataka and a friend of missing businessman VG Siddhartha, said he was puzzled by the turn of events surrounding the Cafe Coffee Day owner. Kumaraswamy, who stepped down as chief minister last week, said Siddhartha is not someone who runs away from challenges. “He protected more than 30,000 families […]

TRAI rescues small cable operators, says no net worth rule needed

The Telecom Regulatory Authority of India, which recently come in for a lot of pummeling from the small cable operators for its new tariff rules, has now emerged as a savior of the same set of operators as it has dismissed government’s suggestion of fixing a ‘net worth’ requirement for cable feed providers. Ministry of […]

Electronics, Apparel, Retail & Telecom best courses for jobs -PMKVY

‘How to get a job’ may be the most pressing question for youngsters in India today, and going by PMKVY data, the best courses for getting a job today are electronics and hardware, apparel, retail, telecom and logistics. This insight is based on the placement and salary data collected by National Skill Development Corporation, the […]

Tejas Networks agrees to mentor Kerala students, start-ups

India-based telecom equipment maker Tejas Networks said it has signed an agreement to set up a ‘center of excellence’ in Kerala to mentor students and start-ups in the state. The center will focus on training, skills development and mentoring of college students, young entrepreneurs and high-potential electronics startups in the state. “Senior technologists from Tejas […]

Google to train six more Indian start-ups in San Francisco

Google has selected six Indian Startups for the fourth class of its ‘Launchpad Accelerator’ program, including RailYatri, RecipeBook and FastFilmz. In the six months program, they will undergo intensive mentoring from 20+ teams across Google and mentors from top technology companies and VCs in Silicon Valley. Additionally they will receive equity-free support and credits for […]

DIPP writes to 250 corporates to partner on start-up incubators

Department of Industrial Policy & Promotion has written to over 250 corporate houses in India, inviting them join it in setting up 70 start-up incubators across the country. Half of the centers will be set up in existing institutions — such as the IITs — while the other half will be set up as independent […]

91springboard launches 1,000-strong coworking space in Andheri in Mumbai

91springboard, which provides cost-effective offices (working space) to start-ups and freelances, launched its newest center in Andheri East, MIDC, Mumbai. The facility is spread across 3 floors with an overall capacity of over 1000 members and also has a stunning terrace cafe-cum-events area. “This terrace workspace promises to be an added bonus for the freelancer […]

Venture Factory invites managers to join them and start their entrepreneurial journey

Venture Factory, a Bangalore based venture builder platform, said it has introduced a entrepreneurial program which is aimed at middle and senior management level executives who will work under the company’s payroll to setup their entrepreneurial venture. The program, christened Entrepreneur-in-Residence program, has started inviting applications from middle and senior management level executives with strong domain […]

COLUMN: The True Price of Facebook’s ‘Free Internet’ program

Facebook, the world’s biggest social network, is prompting its users to send a submission to the Telecom Regulatory Authority of India to save its ‘Free Basics’ program, urging them to fight the “small, vocal group” of net neutrality activists. “A small, vocal group of critics are lobbying to have Free Basics banned on the basis […]

Bangalore tops start-up funding; Average valuation rises to 9 cr

Bangalore has overtaken Mumbai as the home to the biggest start-up investment scene, attracting about 30% of angel funding in India, said a report on ‘Angel Investing’ brought out by InnoVen Capital India and Association of Indian Angel Groups (AIAG). India Angel Report 2015 also found that the median angel funding round grew to Rs […]

Now anyone can be a fashion designer: Myntra launches fashion incubator program

Flipkart’s Myntra.com today announced the launch of ‘Designer in Residence’ program under its Myntra Fashion Incubator (MFI) initiative to “inspire young entrepreneurs and designers who have a flair for the business of fashion.” Myntra is now inviting applications from all design graduates and fashion entrepreneurs to incubate their business under the ‘Designer in Residence’ program. […]

65% of MBAs want a job in Government company – Survey

More than 65 per cent of business school graduates preferred to work government companies compared to private companies, a survey of over 500 students from various B-schools, including IIMs, BITS, ICFAI Business School and Symbiosis Institute of International Business (Pune) found. The ASSOCHAM survey conducted between June and July 2014; found that, the graduates are […]