In a move that is directly aimed at speeding up a small merchant’s ability to collect payments through the Unified Payments Interface, the National Payments Corporation of India has said they could be onboarded as individuals to start with and not as businesses. In a circular issued on June 17, th

OYO Hotels & Homes has committed to invest $300 million (about Rs 2,087 crore) over the next few years in the United States, the SoftBank-backed hospitality chain announced ion Wednesday, signalling its intent to expand its presence in the world’s largest consumer market. This will also be one

GoI is looking at a fresh set of tax benefits for startups to boost entrepreneurship and employment in the economy. DPIIT and Revenue department is discussing a new scheme for Startups to be introduced in the next budget including simplified norms for levying a tax on employee stock option schemes (

Industrial IoT startup SwitchOn raised $1million in seed funding from pi Ventures, Axilor and members of The Chennai Angels.Founded by Aniruddha Banerjee and Avra Banerjee in 2017, SwitchOn helps manufacturing industries identify plant-level bottlenecks and improve equipment efficiency. The funds wi

Fincubation is a Fintech Incubator and accelerator founded and mentored by a group of IIT and IIM educated entrepreneurs.Kolkata gets it's first Fintech incubator -Fincubation, an initiative by a group of IIT and IIM educated industry experts with over 100 years of cumulative experience in the domai

Meesho, social commerce platform that helps resellers and emerging brands build businesses using social media, has bagged funding of undisclosed amount from social network giant Facebook.This is Facebook's first investment in an India-based startup, and is a strong demonstration of the company's com

Oyo Hotels & Homes is in talks for a fresh round of funding, which is likely to see the seven-year-old startup’s valuation hit the $10-billion mark. This will make it one of the most valuable new-economy ventures from the country, according to three sources familiar with the development. The G

From just 3K startups in 2008, the Indian startup ecosystem has grown to massive heights to touch 49K startups mark in 2018. But it’s not just about new launches, the ecosystem has also seen a large inflow of foreign capital and investors who have become active participants in the ecosystem. One o

A number of India’s top home-grown investment firms, which cumulatively manage close to $800 million in assets, have come together to form a collective to take on foreign investors as well as to act as an advocacy platform. Funder’s Forum, which is being registered as a trust, has the likes of C