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T-Hub partners with MeitY and Digital India to lead program for hardware startups

T-Hub on Friday announced its partnership with the Ministry of Electronics and Information Technology (MeitY) and Digital India. T-Hub will lead Digital India’s Scale Up program for hardware and IoT startups across India. MeitY and Digital India aim to provide scale up opportunities to the startups and make them ready in terms of product, investment and new market access.

As many as 10-15 startups with leading-edge solutions in mobility, energy, agriculture, aerospace, manufacturing, co ..

 

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Whiteboard Capital mixes incubator, micro-VC approach

About a year before finalising the idea of starting an offline retail chain selling generic drugs, IIT-Bombay graduates Sidharth Gadia and Girish Agarwal opened an online community for Indian pharma retailers called Reap. The community targeted the massive segment of over 10 lakh pharmacies.

In early 2016, the two met Sandeep Tandon, a serial entrepreneur who had co-founded mobile recharge platform Freecharge with Kunal Shah. Freecharge had just become the biggest strategic sale in the  ..

 

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Budget 2020: FM makes entrepreneurs' lives easier with new investment clearance cell

NEW DELHI: The government will set up a pan-India single-window clearance system for entrepreneurs to provide pre-investment advisory and information related to land banks besides facilitating clearances as it eyes higher investments and ease of doing business in India.

“Propose to set up Investment Clearance Cell to give investors free investment advisory, land banks and facilitate clearances even at state level,” said finance minister Nirmala Sitharaman while presenting the budget, ad ..

 

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Facebook co-founder’s B Capital warns of tough times for cash-guzzlers

 

Founded by Saverin and former Bain & Co. executive Raj Ganguly, B Capital bets on startups such as delivery firm Ninja Van that support growth sectors like e-commerce rather than e-commerce itself. 


Facebook Inc. co-founder Eduardo Saverin’s B Capital Group plans to deploy its second $820 million venture capital fund toward capital-efficient startups, avoiding cash-burning firms during a time of global turmoil.

“For us, it’s always been about unit economics, path to profitability,” Kabir Narang, general partner and co-head of Asia for B Capital, said an interview with Bloomberg TV’s Haslinda Amin and Yvonne Man. “For businesses that are cash guzzling, those will face challenges ..