STARTUPs – Page 12 – msmenews.sbs

Taktile helps fintechs build automated decision-making workflows

AIMPWAFebruary 27, 2025

The automated logic behind many financial decisions — for example, decisions that determine whether a client is approved for a credit line — is hard-coded. Often, it’s not easily changed. If a head of credit at a bank wanted to adjust the bank’s lending criteria, for example, they’d likely have to raise a ticket with...

India Will Be Home To 10,500 Startups By 2020: Nasscom

AIMPWAFebruary 27, 2025

MUMBAI: India has emerged as the third largest start-up base and such ventures are poised to grow 2.2 times to reach 10,500 by 2020 despite a perception that the ecosystem in the country has slowed down in the last year, says a report. India is in the third position just behind US and UK, and...

STARTUPs

Startups Can Raise $3 Mn Via ECBs Annually: RBI

AIMPWAFebruary 27, 2025

MUMBAI: The Reserve Bank today permitted startups to raise external commercial borrowings (ECBs) of up to $3 million in a financial year, a move aimed at boosting innovation and promoting job creation. “The borrowing should be denominated in any freely convertible currency or in Indian Rupees (INR) or a combination thereof. “In case...

B2B IT Startups Could be Next Big Thing for Indian Business Market

AIMPWAFebruary 27, 2025

BENGALURU: Nasscom lists of start-ups for Emerge 50 is out and the majority of the startups that are expected to whip business scene into shape are B2B. These startups serve overseas clients on regular basis and are actively reaching out to client-focused startups to help them amplify their business around the country. In...

STARTUPs

Education India 2016 Prog To Identify Innovative Startups

AIMPWAFebruary 27, 2025

NEW DELHI: Village Capital and Michael & Susan Dell Foundation today said they have concluded a mentoring programme aimed at making early-stage Indian education start-ups more investment ready. Funded by the Michael & Susan Dell Foundation, the Education India 2016 programme identified 10 innovative, early-stage enterprises that are helping to increase underserved students’ chances of accessing college education and improving...

STARTUPs

Rs.50 Cr OIL Start-Up Fund For New Ideas In Oil & Gas Sector

AIMPWAFebruary 27, 2025

GAWAHATI: Oil India Limited (OIL) has set up an OIL Start-Up fund of 50 crore to encourage new “out of the box” ideas related to the oil and gas sector, particularly in the Northeast. The oil exploration major’s chairman-cum-managing director Utpal Bora today said in a press conference that the initiative was in line with the Centre’s ‘Start-up India’ initiative. “The OIL Start-Up fund...

STARTUPs

Average Size Of Startup Funding Up 27 Pct To Rs.4.6 Crore

AIMPWAFebruary 27, 2025

NEW DELHI: The average size of funding received by start-ups from angel investors grew 27 pct to 4.67 crore in 2015, from 1.06 crore in 2009, a report said. Also, the average investments made by these angel investors individually saw an annual growth rate of 34 pct from 0.21 crore in 2009 to...

Zomato Now Plans to Get into the Cloud Kitchen Business

AIMPWAFebruary 27, 2025

BENGALURU: Zomato, online restaurant discovery and delivery firm is now planning to invest in new businesses such as cloud kitchens. In the past 12 months, the company has managed to boost its revenue and cut down the burn rate. Moving ahead of the feat, the Gurugram-based company is now working towards raising a...

STARTUPs

Boltt’s AI-Powered Wearables To Arrive In Market Soon

AIMPWAFebruary 27, 2025

NEW DELHI: Noida-based startup Boltt Sports Technologies will soon introduce fitness wearables, connected solutions and a fitness kit that will include smart shoes, smart band and health and training apps, all powered by Artificial Intelligence (AI). The Boltt “smart shoe” is designed to redefine the running experience of a consumer embedded with sensor...

5 Startups that are Contributing to Avert the Drastic Effects of Air Pollution

AIMPWAFebruary 27, 2025

BENGALURU: Delhi, with a massive population of about 25.8 million, is ranked 5th among the list of 32 megacities formulated by WHO. In the recent years, as the pollution limit in Delhi has crossed the WHO’s standard limit, air in this capital city has been announced as polluted beyond considerable levels. With unfavorable...

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Banks see cracks in the economy as consumers blink at inflation, tariffs

AIMPWAMarch 14, 2025

Banks are seeing lower credit-card spending, while delinquencies are rising. Source link

Budget lowers India’s average customs duty rate, sends positive signal to the US: CBIC chair

AIMPWAMarch 14, 2025

New Delhi: The customs duty rejig announced in the Union budget for FY26 lowers India’s average customs duty rate sharply from 11.65% to 10.66% and sends a positive signal to India’s trading partners like the US, Central Board of Indirect Taxes and Customs (CBIC) Chairperson Sanjay Kumar Agarwal said in a post-budget interview. The comments...

Muthoot Finance crosses ₹1 lakh crore in gold loan AUM

AIMPWAMarch 14, 2025

Continuing its leadership in the gold loan sector, Muthoot Finance has surpassed ₹1 lakh crore in gold loan AUM as of March 14, 2025. The achievement comes amid a strong demand for gold loans, as credit availability from other sources, including fintech lending, unsecured loans, and microfinance, has moderated in recent months, said a press...

Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal

AIMPWAMarch 14, 2025

The days of intrusive tax scrutiny and compliance enforcement are over and tax administration will be based purely on trust and greater reliance on data mining, Central Board of Direct Taxes chairperson Ravi Agrawal said in a post-budget interview to Mint. Agarwal said that under the revamped new personal income tax regime, those with ₹24 lakh...

Budget 2025: Not all LED TV makers are thrilled about duty exemption on open cell parts

AIMPWAMarch 14, 2025

New Delhi: The exemption of import duties on components required for making open cells—a key part of LED televisions—has divided India’s nearly-$10-billion TV industry. A section of manufacturers sees the budget announcement as a big boost, but others say the relief will only benefit specific companies, not the entire sector. “The duty abolition will only...

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Latest Posts

Taktile helps fintechs build automated decision-making workflows

India Will Be Home To 10,500 Startups By 2020: Nasscom

Startups Can Raise $3 Mn Via ECBs Annually: RBI

B2B IT Startups Could be Next Big Thing for Indian Business Market

Education India 2016 Prog To Identify Innovative Startups

Rs.50 Cr OIL Start-Up Fund For New Ideas In Oil & Gas Sector

Average Size Of Startup Funding Up 27 Pct To Rs.4.6 Crore

Zomato Now Plans to Get into the Cloud Kitchen Business

Boltt’s AI-Powered Wearables To Arrive In Market Soon

5 Startups that are Contributing to Avert the Drastic Effects of Air Pollution

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Banks see cracks in the economy as consumers blink at inflation, tariffs

Budget lowers India’s average customs duty rate, sends positive signal to the US: CBIC chair

Muthoot Finance crosses ₹1 lakh crore in gold loan AUM

Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal

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Banks see cracks in the economy as consumers blink at inflation, tariffs

Budget lowers India’s average customs duty rate, sends positive signal to the US: CBIC chair

Muthoot Finance crosses ₹1 lakh crore in gold loan AUM

Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal

Budget 2025: Not all LED TV makers are thrilled about duty exemption on open cell parts

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Banks see cracks in the economy as consumers blink at inflation, tariffs

Budget lowers India’s average customs duty rate, sends positive signal to the US: CBIC chair

Muthoot Finance crosses ₹1 lakh crore in gold loan AUM

Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal

Budget 2025: Not all LED TV makers are thrilled about duty exemption on open cell parts

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