Tag: Start-ups

Demanding specific set of skills

Job opportunities in areas like data science and computing are increasingly growing.

September 21, 2018

Karnataka Minister beckons Europe to Bengaluru tech summit

Tie-ups between industry, academia and start-ups across countries can allow the companies to scale up and find technological solutions to problems.

August 28, 2018

Oracle selects 18 new start-ups for Cloud innovation in India

The start-ups are part of the fourth consecutive batch in Bengaluru where Oracle's global start-up programme was piloted successfully and the second consecutive batch in Delhi and Mumbai.

August 13, 2018

Youngsters turning into job creators: PM Modi

Prime Minister Narendra Modi on Wednesday interacted with thousands of youngsters who have made it big in the startup sector and said it was the youth who had turned out to be the “job creators” of the nation. The PM said the government was taking several steps to promote young entrepreneurs in the country, adding …

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June 6, 2018

10 cr for Haryana start-ups

The Haryana has made provision of Rs 10 Crore for enabling and equipping the students studying in colleges and universities for launching own Start-ups. Addressing the students after inaugurating the Start-up Incubator-cum- Center of Excellence at Government Post-Graduate College, Sector-1 in Panchkula, education minister, Ram Bilas Sharma, said this was the first-of-its-kind Centre set up …

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April 10, 2018

UP has earmarked Rs 1,000 crore for start-ups: Yogi

Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday made a strong pitch for start-ups and flagged off a “Start-up Bus Yatra” from the scientific convention centre in the state capital. Addressing the gathering at the event, he said the state government has earmarked a fund of Rs 1,000 crore for helping start-ups. Reiterating his government’s …

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August 30, 2017

Need to encourage start-ups for double-digit growth: NITI Aayog CEO

For India to consistently grow at nine to 10 per cent over a three decade period, there is a need for "technological leap-frogging" which can happen only if an ecosystem is created to promote start-ups, NITI Aayog CEO Amitabh Kant said on 8 July. Such an ecosystem can be created only by taking risks and …

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July 9, 2017

Start-ups should move to next level, says Nasscom

The Indian start-up ecosystem is evolving and it is time for stakeholders to move to the next level and collaborate with the external eco-system, says KS Vishwanathan, Vice President at Nasscom. "It is now time for the companies to move to the next level of mid-stage and growth," said Vishwanathan, who is also head of …

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June 12, 2017

India earmarks Rs. 200 crore to set up 100 incubators

India will invest Rs. 200 crore to set up 100 more incubators across the country to support start-ups in innovations, a top official said on Thursday.

"As we want to double the number of incubators over the next four years, we will spend Rs 200 crore on setting up 100 more incubators under the National Initiative for Developing and Harnessing Innovations (NIDHI) programme," Science and Technology Secretary Ashutosh Sharma told reporters at an event here.

The Science and Technology (S&T) Department of the central government has set up 100 incubators across the country to support start-ups in innovations.

The department has also finalised locations to build five of the 50 super-computers this year for supporting research activities.

"Of the five super-computers, one each will be housed in the Indian Institute of Science (IISc) in Bengaluru, the Indian Institutes of Technology (IIT) at Kharagpur in West Bengal and Kanpur in Uttar Pradesh, the International Institute of Information Technology at Pune in Maharashtra, and Jawaharlal Nehru University in New Delhi," said Sharma.

Six of the 50 super-computers to be built in India to aid research would be ready this year. The government is finalising the sites to house these super-computers.

"We have finalised the sites to house these supercomputers. One supercomputer each will be housed at Indian Institute of Science, Bangalore, Indian Institute of Technology, Kharagpur, Indian Institute of Technology, Kanpur, and International Institute of Information Technology, Pune," Sharma said.

The super-computers are being set up across the country under the National Super-computing Mission at a cost of Rs 4,500 crore over the next seven years.

"We have taken measures to increase investment in science and technology and research and development (R&D) to two per cent of the Gross Domestic Product per annum from one per cent of the GDP," reiterated Sharma on the margins of a two-day Global R&D Summit 2017, organised by the S&T Department and the Federation of Indian Chambers of Commerce and Industry (Ficci). 

Asserting that the government was committed to promote R&D in the country, Sharma said the private sector should contribute more funds to R&D activities.

"The central government contributes two-third of the amount spent on R&D as against one-third by the private sector. It is vice-versa in other countries. We want the private sector to invest more funds in R&D activities," added Sharma.
 

April 7, 2017

Chinese investors to fund Indian start-ups

A dozen Chinese investors offered at a technology summit here on Sunday to jointly provide funding of about $50 million (Rs.334 crore) for Indian start-ups. The investors include a Cyber Carrier, a Hong Kong-based Chinese internet enterprise that has set up a $30 million initiative fund in January to invest in six Indian start-ups. About …

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September 25, 2016

Start-ups to see turnaround in 1-2 years: Gopalakrishnan

Funding challenges being faced by Indian start-ups is a "temporary phenomenon" and the sector is expected to turnaround in 1-2 years, IT industry veteran Senapathy Gopalakrishnan said on Wednesday. "A significant number of new companies are in the early stage. Funding is lot more challenging. And, hence, the number of companies migrating to series A, …

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September 14, 2016

Drake wants to marry Rihanna

Rapper Drake reportedly wants to marry singer Rihanna, after the two recently rekindled their romance. The on-off couple recently rekindled their romance and after 29-year-old Drake’s heartfelt admission at the MTV VMAs last week that he has been "in love" with Rihanna since he was 22, things have gotten extremely serious between them. "Drake is …

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September 3, 2016

Odisha aims 1000 start-ups in next five years

The Odisha cabinet on Tuesday approved a new Start-up Policy 2016 targeting to set up 1,000 start-ups in next five years. "The policy targets setting up at least 1,000 start-ups in the next five years attracting substantial venture and angel capital to the state with sizable attractive employment opportunity for the educated youths," said Chief …

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August 23, 2016