Although Barra will continue as an advisor to Xiaomi, his departure comes at a crucial time when the company is facing stiff competition in China from the likes of Oppo, Vivo and Huawei.
The pre-series A investment will help the city-based CRON Systems strengthen R&D activity, hire talent and explore new markets across Middle East, Africa and Europe, YourNest said in a statement.
When disputes become public, they further erode the brand â€“ a payment startups might have worked hard in building up via bootstrapping or limited marketing spend
This weeks startup idea is about establishing a crowdfunding platform for budding authors to crowdfund their books
Infosys has invested a little over USD 62 million from its USD 500 million innovation fund in startups covering areas like IoT, automation and drones.
The government is likely to announce incentives for small and medium food processing units in areas such as rice and tea in the Budget to promote the sector and boost manufacturing activities.
A top official of Lakshmi Vilas Bank said the bank has augmented Rs 168 crore as part of capital infusion in the beginning of this financial year and is very strong at present.
Vipin Aggarwal shares insights on how a first time entrepreneur should manage his or her personal finance to avoid a bumpy ride ahead
It is a demand-based service that provides a platform for offering new and old releases to targeted markets across the country.
Nirmala Sitharaman's Budget recommendation is for better handling of SME through the banking institutions and also to provide them better tendering opportunities.
For people who've missed filing in the fiscal 2014-15, this will be last chance to file returns as well. With numerous startups mushrooming in the fin-tech space, e-filing of taxes has become a breeze
According to a recent UC News study, India has 371 million mobile internet users with minuscule contribution from self publishers compared to 600 million mobile internet users in China with 20 million online content creators.
The year 2016 has been proved out to be a spectacular period for SME Capital Market. Indian SME Bourses witnessed remarkable activities in terms of filling of draft offer documents as well as number of listings. The year has witnessed several developments in this format of alternative capital markets.
Twitter last year was in talks to sell itself with several firms including Google parent Alphabet, but without a deal decided to continue on an independent path, cutting jobs and refocusing on its core services.
Amongst the businesses surveyed, 48 percent of the small and medium enterprises (SMEs) are positive about the current state, while 62 percent are positive about the future.
Prominent startup industry bodies including Indian Angel Network, NASSCOM, Indian Venture Capital Association, TiE and Mumbai Angels have jointly appealed to the government to review taxation policies that adversely impact the startup ecosystem.
Budget hotel accommodation aggregator Oyo (Oravel Stays Pvt. Ltd) that last year started leasing hotels and re-branding it as Oyo Flagship, has expanded it to over 60 properties across seven cities and plans to expand further, according to a top executive of the company.
The mounting losses for e-commerce firms indicating heavy spends on marketing to up the gross merchandise value (GMV) last year.
While the Modi government is expected to announce a slew of sops including extended tax exemption for startups in the Budget, here is a look at the key announcements made while presenting the Union Budget 2016
Close on the heels of an aggressive markdown in Flipkart‘s valuation by Morgan Stanley, another mutual fund investor T Rowe Price has trimmed the e-commerce major‘s valuation, albeit a marginal 4.4 percent to about USD 9.9 billion, reports the Economic Times Wednesday.
Yes Bank today said it has launched 'Yes Fintech', a business accelerator program in collaboration with T-Hub, a startup incubator set up by the Telangana government and Anthill - a speed scaling platform for early growth stage start-ups.
According to a report by Research and Markets, Indian baby care market is poised to grow at the rate of 13.66 percent CAGR over the coming years
The series D funding also saw participation from three new investors -- u-Net, RSI Fund (owned by Recruit Holdings) and Thrive Capital. With this, the company has raised close to USD 180 million so far.
Amazon India today announced the launch of regional language support services for sellers in three Indian languages - Kannada, Tamil and Telugu.
Online education provider UpGrad has launched an entrepreneurship programme under government's 'Start Up India' initiative to provide insights into areas like validation of ideas, funding and legal framework for new businesses.