Page 41 - Startups

Covid-19 impact: 42% start-ups, small biz out of funds or in shutdown stage

Only 16 per cent of start-ups and SMEs have the cash to survive for more than three months

Start-ups tap technology to get malls, hotels back on track amid Covid fear

Start-up companies are assisting businesses to conform to the government's 'social distancing' norms and insulate their air conditioning systems from the shock of virus

Govt allows startups to issue sweat equity for 10 years after registration

Industry experts expect the move to help startups in terms of enhancing their ability to incentivise personnel and retain talent

Online used car seller Vroom raises $467.5 million in upsized US IPO

Vroom priced its IPO at $22, above the initially marketed range of $18 to $20

Yolobus raises $3.3 mn in Series A funding; to focus on hygiene, safety

The investment brings Yolobus' total funding since launching its smart intercity bus services in India to $4.1 million

Why most businesses, startups trying to register as MSMEs may not get loans

The government had last month announced loans worth Rs 3 trillion for an estimated 4.5 million MSMEs that are facing a liquidity crunch since last year

Over a third of MSMEs may end up shutting down operations, says AIMO survey

The results are based on 46,525 responses AIMO received from across industry segments including self-employed, MSME owners, corporate CEOs, employees and experts

40% Indian tech startups have suspended work due to coronavirus: Nasscom

Revenue declined by more than 80 per cent for about 34 per cent such companies, says online survey.

Scientists, start-ups step up efforts to make masks more effective

They are developing everything from static electricity-generating face covers to kill the virus, to full-face armour for healthcare workers, patients and even delivery personnel

Ratan Tata hopes entrepreneurs will create new benchmarks of tomorrow

In a post on social media platform Instagram, Tata hoped that entrepreneurs will find a better way to run their operations following the pandemic that has severely disrupted economic activity.

Orders restricted to a fraction amid lockdown, no magic moment: Nykaa CEO

CEO Falguni Nayar says in an interview to Viveat Susan Pinto that consumers continue to focus on essentials

Arjun Deshpande: The teenager who convinced Tata to invest in his startup

Deshpande, who completed his schooling from DAV Public School, Thane, was a globe trotter from a young age

Co-founder Rahul Jaimini no longer active in Swiggy, joins new start-up

He moves to career accelerator start-up Pesto Tech as its co-founder; will remain on Swiggy board

SoftBank Group sees wider loss of $8.4 billion on WeWork write-down

The Japanese company made the announcement in a statement Thursday, citing more than 1 trillion yen of non-operating losses from investments held outside of its $100 billion Vision Fund.

This start-up offers niche fintech products for middle-income households

A bootstrapped Bengaluru start-up launched by ex-VCs is re-imagining financials products for salaried families. Its fix: focus on use-cases

In a locked-down world, investment bankers ensuring the show goes on

Billion-dollar deals aplenty for right business

Supply constraints to funding woes: Health start-ups in the age of Covid-19

Several have been hit by a large-scale migration of workers which has caused labour shortage. So while demand is high, supply is the pain point

Start-ups flags concerns related to cash flow, labour in meeting with Goyal

In the meeting, the minister said the country is passing through the unprecedented crisis, and this requires prompt remedial actions.

Be prepared for the worst of Covid-19: Venture Capitalists tell start-ups

In an open letter to start-ups, these VCs pointed out that start-up founders will 'inevitably be faced with difficult decisions' on execution for the next 21-30 days

DPIIT seeks innovative solutions from startups to tackle coronavirus crisis

It also said the top solutions will be referred to the government and private stakeholders for further funding and deployment.