For instance, customers can add money to their Amazon Pay wallet by purchasing gift cards of Amazon. The gift card offers a code that once added to the wallet loads the money
The T-Hub has finished two years of its operations on November 5, 2017, he said in reply to a query in the Legislative Assembly. The T-Hub is collaborating with a number of reputed IT and other companies in different areas, he said.
Sanjay Naik, the person spearheading the strike in Maharashtra, said that Ola and Uber should be held accountable as they gave assurances to the drivers of good earnings, which has left the drivers in lurch.
For instance, a customer may be booking intra-city cabs twice a day but it is unlikely that the same customer will book hotel rooms multiple times in a week
The former Infosys director said India has about 30,000 startups employing about 3.5-4 lakh people and every year about 5,000-6,000 such ventures are sprouting. “Last year, we got about USD 13.65 billion funding (in startups). Today they have created about USD 95 billion of value,” Pai told PTI in an interview.
Fireside Ventures' current portfolio includes Yoga Bar, Samosa Singh, Goodness Beverages, Design Cafe, Bombay Shaving Company, Mama Earth, Vahdam Teas, Kwik 24, Magic Crate and Frog Bikes.
One Labs has developed 'inOne' platform which provides access to apps across multiple genres from food, shopping, travel, deals, cabs, news, recharge, games etc within a single app.
"Applications for this programme, launched in 2007, will be received from March 21. It looks for start-ups and university students, who have got innovation, and they may be allowed to take their ideas to the next stage, enabling them to enter the market," Lockheed Martin India, Chief Executive Phil Shaw was quoted as saying in a release here.
The fund will target startups across early and growth stages with cheque sizes of up to Rs 100 crore.
He further said startup ecosystem will facilitate creating USD 10 trillion economy in India by 2030. Besides, startups will help solve the country's problems.
"Startups that have reached a certain size should think of listing soon as public listing gives access to a wider and deeper capital market for fund raising, with large investments by mutual funds and FPIs," NSE Managing Director and CEO Vikram Limaye told PTI over phone ahead of the exchange's tech conclave to be held here.
The conclave will bring young minds of the region face to face with some of the country's finest mentors, angel investors, venture capitalists and start-up fund organisers, Rongali Start Up and Entrepreneurship Conclave organiser Shyamkanu Mahanta said yesterday.
The Seattle Times first reported that Amazon was laying off "hundreds" of employees and "managing out" others as the company consolidates its retail operations.
Customers can have their genome sequenced for under USD 1,000, which could then be sold to scientists or pharmaceutical manufacturers.
Startups incorporated before 2016 that have got up to Rs 10 crore in angel funding may be exempted from paying angel tax if the proposed amendment is notified by the Department of Industrial Policy and Promotion (DIPP).
Startup experts decode Budget 2018 in this panel discussion.
Around 88 percent of these developers, across all age groups, rely on forums such as Stack Overflow to learn new coding languages.
V Balakrishnan, the former chief financial officer of Infosys Ltd, told PTI that investors are now focusing on B2B start-ups than B2C.
The US based Israel-India Technology (IIT) group today announced the launch of the USD 50 million tri-lateral fund. The IIT group is focused on bringing Israeli technology to Indian markets while tapping into US for financial resources. CNBC-TV18's Syna Dehnugara tells how will this tri-lateral fund work and what kind of startups are they looking to invest in.
The USD 40 million joint India Israel Innovation Fund that was announced last year during Prime Minister Modi's Israel visit will see its formal launch tomorrow. CNBC-TV18's Syna Dehnugara caught up with Ami Appelbaum, Chairperson of Israel Innovation Authority, where he spoke about the innovation fund.
Experts say West Bengal os lacking in the startup culture when compared with cities like Bengaluru, Pune and Mumbai.
Young Turks focuses on cross boarder Payments Company named InstaReM, co-founded by Prajit Nanu.
The startups finalised by the auto firm are CarIQ, Steradian Semi, Altigreen Propulsion Labs, Exploride and Zuper.
The group, called Indiatech, will begin its operations early next year. Chief among its agenda is to coax the government in New Delhi into passing regulations to help local companies dominate the country's internet market, industry sources told CNBC.
According to recent data from global job site Indeed, four unicorns - Snapdeal, PayTM, ShopClues and Flipkart - make up around 90 per cent of all job postings.