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'Breaks my heart': Grofers founder replies to 'hate' over 10-minute delivery

Albinder Dhindsa said instead of celebrating India-based startups' successes, people are only being "cynical and envious".
Defending Grofers' 'under 10-minute deliveries', Albinder Dhindsa said not all companies exploit.
Defending Grofers' 'under 10-minute deliveries', Albinder Dhindsa said not all companies exploit.
Published on Aug 28, 2021 07:12 PM IST
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By hindustantimes.com | Written by Poulomi Ghosh

Indian startups, investors press PM for direct overseas listing

The signatories called it the “single most significant big bang reform for the startup ecosystem”.
Prime Minister Narendra Modi.(ANI)
Prime Minister Narendra Modi.(ANI)
Published on Aug 07, 2021 05:16 AM IST
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Livemint | By Ranjani Raghavan, Beena Parmar, Mumbai

Rajya Sabha passes two bills aimed at helping depositors and startups

  • The bill to make sure depositors quickly get the insured amount for their deposits in case of a bank collapse, was passed after a short debate.
The bills were passed with a voice vote amid protests by the opposition members on the Pegasus snooping controversy and on the three farm laws that had been enacted recently. (ANI)
The bills were passed with a voice vote amid protests by the opposition members on the Pegasus snooping controversy and on the three farm laws that had been enacted recently. (ANI)
Published on Aug 05, 2021 05:47 AM IST
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By Mint Correspondent, New Delhi

Superbikes to T20 World Cup tickets: Startups go all in to attract talent

  • Fintech firm BharatPe on Monday offered several perks, including superbikes, to new tech team hires.
The competition for talent is pushing early-stage startups to raise funds prematurely to compete with their well-funded peers.(HT File)
The competition for talent is pushing early-stage startups to raise funds prematurely to compete with their well-funded peers.(HT File)
Published on Jul 20, 2021 06:40 AM IST
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By Tarush Bhalla, Livemint, Bengaluru

German rocket-launch startup pitches ‘small and fast taxi’ to space

Munich-based Isar Aerospace wants to provide the 'small and fast taxi' using nimbler trips for space-faring ventures than those currently offered by the likes of Elon Musk’s SpaceX to circumvent the expense and delay of waiting for ride alongside bigger players on the existing rocket routes
Daniel Metzler, CEO of Isar Aerospace, poses in Munich, southern Germany, on June 8, 2021. - If all goes according to plan, the startup Isar aerospace will send its first mini-rocket to the sky in less than a year. For the creators of this German nugget, who are barely 30 years old, nothing would have happened so quickly without the vitality of Munich as a hub of industrial innovation. (Photo by Christof STACHE / AFP)(AFP)
Daniel Metzler, CEO of Isar Aerospace, poses in Munich, southern Germany, on June 8, 2021. - If all goes according to plan, the startup Isar aerospace will send its first mini-rocket to the sky in less than a year. For the creators of this German nugget, who are barely 30 years old, nothing would have happened so quickly without the vitality of Munich as a hub of industrial innovation. (Photo by Christof STACHE / AFP)(AFP)
Updated on Jul 01, 2021 07:32 AM IST
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Bloomberg |

Dubai's luxury thrift startup raises funds to go abroad

The Luxury Closet, an online platform for buying and selling used high-end goods, secured fresh financing led by regional investment firm GMP Capital, alongside international and local investors.
The pandemic and the economic insecurity that’s followed have been good for fashion resale globally, which has ballooned into a $40 billion industry.(Unsplash)
The pandemic and the economic insecurity that’s followed have been good for fashion resale globally, which has ballooned into a $40 billion industry.(Unsplash)
Published on Jun 17, 2021 08:17 AM IST
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Bloomberg |

PM Modi invites investment into India at world meet

“I invite the world to invest in India based on the five pillars of talent, market, capital, ecosystem, and culture of openness,” PM Modi said.
Prime Minister Narendra Modi called upon the start-up community to take the lead in working with collective spirit and a human centric approach to overcome the health challenges.(ANI)
Prime Minister Narendra Modi called upon the start-up community to take the lead in working with collective spirit and a human centric approach to overcome the health challenges.(ANI)
Updated on Jun 17, 2021 03:58 AM IST
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By HT Correspondent, New delhi

India adaptable, agile even amid Covid-19 pandemic: PM Modi at VivaTech

  • Prime Minister Narendra Modi invited the world to invest in the country as he said "India offers what innovators and investors need."
Prime Minister Narendra Modi (ANI)
Prime Minister Narendra Modi (ANI)
Updated on Jun 16, 2021 05:15 PM IST
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By hindustantimes.com | Written by Deepali Sharma | Edited by Avik Roy

Govt rolls out 945 crore fund for startups

According to the commerce ministry, the fund is expected to benefit around 3,600 startups and boost the startup ecosystem, particularly in tier-2 and 3 cities.
Union commerce minister Piyush Goyal.(PTI)
Union commerce minister Piyush Goyal.(PTI)
Published on Apr 20, 2021 08:01 AM IST
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By Prashant K Nanda, Hindustan Times, New Delhi

Sebi eases norms for startups to go public

Currently, startups going public are barred from making discretionary allotments.
Sebi also eased norms for the delisting of startups.(MINT)
Sebi also eased norms for the delisting of startups.(MINT)
Published on Mar 26, 2021 05:45 AM IST
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By Anirudh Laskar, Mumbai

NDMC, IIT-Kanpur offer platform to start-ups to find solutions for civic issues

A first-of-its-kind initiative to offer a technical launchpad to start-ups to present innovative solutions through a 15-day competition to address civic issues such as waste management, town planning and sanitation has been started in Delhi
The 'CiTe- Civic Tech Innovation Launchpad' is organised by the the North Delhi Municipal Corporation in partnership with Startup Incubation and Innovation Centre, IIT Kanpur, the NDMC said in a statement.(File)
The 'CiTe- Civic Tech Innovation Launchpad' is organised by the the North Delhi Municipal Corporation in partnership with Startup Incubation and Innovation Centre, IIT Kanpur, the NDMC said in a statement.(File)
Published on Feb 27, 2021 02:14 PM IST
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PTI |

Union budget 2021: Norms eased for startups

“The decriminalising of the procedural and technical compoundable offences under the Companies Act, 2013, is now complete. I now propose to next take up decriminalization of the Limited Liability Partnership (LLP) Act, 2008,” Nirmala Sitharaman said.
The budget also proposed to extend the eligibility for claiming tax holiday and capital gains exemption for investment in startups till March 31, 2022.(PTI)
The budget also proposed to extend the eligibility for claiming tax holiday and capital gains exemption for investment in startups till March 31, 2022.(PTI)
Published on Feb 02, 2021 04:05 AM IST
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By HT Correspondent, New Delhi

Amazon partners with Startup India, others to boost e-com exports from India

The Amazon Global Selling Propel (AGSP) programme has been designed to support early stage startups in the consumer products space to launch in international markets and create global brands from India.
As part of the Startup Accelerator, Amazon has constituted a mentorship board consisting of Amazon leaders from India and across the world, VCs and senior leaders from Startup India.(Reuters )
As part of the Startup Accelerator, Amazon has constituted a mentorship board consisting of Amazon leaders from India and across the world, VCs and senior leaders from Startup India.(Reuters )
Updated on Jan 19, 2021 04:20 PM IST
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PTI | , New Delhi

Instead of asking to do a job, people now ask why not create a startup: PM Modi

PM Modi termed the current century is the century of the digital revolution and new-age innovation.
Prime Minister Narendra Modi.(PTI file)
Prime Minister Narendra Modi.(PTI file)
Published on Jan 17, 2021 02:24 PM IST
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ANI | , New Delhi

Govt launches competition seeking solutions in vaccine distribution system from startups

The Union ministries of health and information technology have sought solutions as part of a grand challenge for strengthening the COVID Vaccine Intelligence Network (Co-WIN) system.
A health worker takes nasal swab sample of a woman to test for COVID-19 in Jammu.(AP)
A health worker takes nasal swab sample of a woman to test for COVID-19 in Jammu.(AP)
Published on Dec 26, 2020 12:21 PM IST
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Mumbai, Hindustan Times | By Priyanka Sahoo

NeoBenk Ventures offers USD10 million fast funding to Indian startups in a time of uncertainty

NeoBenk Ventures, the strategic investment arm of NeoBenk, on Monday said it sets up $10 million (about Rs 7.5 crore) for Indian startups in digital payments.
NeoBenk Ventures Sets up $10 Million (Rs7.5 Crore) for Indian Startups in Digital Payments.(NeoBenk)
NeoBenk Ventures Sets up $10 Million (Rs7.5 Crore) for Indian Startups in Digital Payments.(NeoBenk)
Updated on Nov 06, 2020 05:11 PM IST
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IIT Bombay to groom startups and innovators in a post Covid-19 world

On Tuesday, the MeitY launched a scheme for promoting innovations in the fields of healthcare, education, medtech and work from home to prepare for a world after the Covid-19 pandemic.
Indian Institute of Technology, Bombay.(HT file)
Indian Institute of Technology, Bombay.(HT file)
Updated on Sep 10, 2020 05:47 PM IST
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Hindustan Times, Mumbai | By Priyanka Sahoo

Introducing fleather: Kanpur startup turns floral waste to vegan leather

Made from discarded flowers, fleather will not only bring relief to animal activists but also solve the problem of floral waste
Intrigued by the formation of a leather-like white layer on unused piles of flowers, Phool.co’s R&D team discovered the growth of a micro-organism which used flower petals as a nutritional source.(HT Photo)
Intrigued by the formation of a leather-like white layer on unused piles of flowers, Phool.co’s R&D team discovered the growth of a micro-organism which used flower petals as a nutritional source.(HT Photo)
Updated on Aug 29, 2020 02:17 PM IST
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Hindustan Times, Lucknow | By Rajeev Mullick

Bengaluru based risk-tech startup set to disrupt the traditional consumer lending models

TERA is empowering smaller companies to build and deploy their credit products into their core product offering through its pay-per-use SaaS platform.
Pradeep Rathnam, Co-founder & CEO of TERA Finlabs
Pradeep Rathnam, Co-founder & CEO of TERA Finlabs
Updated on Aug 18, 2020 08:36 PM IST
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Startups cut back on realty to slash costs

With the fall in lending and other businesses, SoftBank-backed insurance unicorn PolicyBazaar has given up four of its 12 leased office buildings in Gurugram.
Swiggy has closed offices in Tier 3 and 4 cities, including Gorakhpur and Anantapur.(Hemant Mishra/Mint File Photo)
Swiggy has closed offices in Tier 3 and 4 cities, including Gorakhpur and Anantapur.(Hemant Mishra/Mint File Photo)
Updated on Jul 17, 2020 07:13 AM IST
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Mint, Bengaluru | By Tarush Bhalla

‘Startups to play key role in Indian space industry’

Startups are set to play a bigger role in the production of space systems in the industry 4.0 as exploring commercial opportunities for Indian space sector will be crucial by 2050, S Somnath, Director, Vikram Sarabhai Space Centre (VSSC)
(Getty Images/iStockphoto)
(Getty Images/iStockphoto)
Published on Feb 28, 2020 04:36 PM IST
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Thiruvananthapuram | By Press Trust of India

Budget 2020: What startups expect from Nirmala Sitharaman’s budget 2020-21

From the budget that will be announced on February 1, startups by and large want and expect lowered personal taxes so that the disposable income is increased, meaning consumers will have more money in hand to spend, which in turn will lead to higher demand.
Finance minister Nirmala Sitharaman will present the budget for the financial year 2020-21 on February 1, 2020.(Ramesh Pathania/Mint Photo)
Finance minister Nirmala Sitharaman will present the budget for the financial year 2020-21 on February 1, 2020.(Ramesh Pathania/Mint Photo)
Updated on Sep 04, 2020 11:11 PM IST
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Hindustan Times, New Delhi | By Kanishka Sarkar

Startups are helping city buyers invest in farm plots, agro-forests

The new farm management companies help you make the switch to the countryside, right from sorting out the paperwork, lowering risks to managing the property.
At Beforest, 30-40 buyers own a share of a large plot, pooling in costs and minimising risks.
At Beforest, 30-40 buyers own a share of a large plot, pooling in costs and minimising risks.
Published on Jan 25, 2020 05:55 PM IST
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Hindustan Times | By Aishwarya Iyer

These 14 Indian start-ups catering to persons with disabilities

In a unique Public-Private Partnership model, non-proft BIRAC, Tata Trusts-funded start-up incubator Social Alpha and IT services company Mphasis came together to scale and support assistive tech start-ups that are helping Persons with Disabilities (PwDs) in India.
Persons with disabilities. (Representational image)(HT file)
Persons with disabilities. (Representational image)(HT file)
Published on Jan 23, 2020 08:22 PM IST
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Bengaluru | By Indo Asian News Service

IIT KGP collaborates with startup to promote manufacturing

The Center of Excellence in Advanced Manufacturing Technology at IIT Kharagpur is roping in MSMEs for collaborative R&D projects and consultancy to develop resources for Industry 4.0.
A file photo of Indian Institute of Technology, Kharagpur.(PTI)
A file photo of Indian Institute of Technology, Kharagpur.(PTI)
Updated on Jan 06, 2020 04:19 PM IST
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PTI, Kolkata | By HT Correspondent

Startup entrepreneurs interact with school students at India International Science Festival

Coordinator of a session on startups, Anil Kothari, told PTI on Wednesday that startup entrepreneurs from fields such as telemedicine, artificial intelligence-based systems, education and social welfare interacted with the students at the meet.
Around 250 students of a south Kolkata school attended the programme which was addressed by startup experts. (Representational image)(HT file)
Around 250 students of a south Kolkata school attended the programme which was addressed by startup experts. (Representational image)(HT file)
Updated on Nov 07, 2019 01:47 PM IST
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Kolkata | By Press Trust of India

Nasscom: India has 3rd-highest number of unicorn startups

Around 71% of 2019’s unicorns are business-to-business (B2B) focused, while 57% are from emerging and nascent sectors such as gaming, automotive and supply chain/logistics, according to the report.
The number of India’s potential unicorns have more than tripled from 15 last year to 52 in 2019.(Twitter @nasscom Photo)
The number of India’s potential unicorns have more than tripled from 15 last year to 52 in 2019.(Twitter @nasscom Photo)
Updated on Nov 05, 2019 11:32 PM IST
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Hindustan Times, Bengaluru | By Meera Vankipuram and Salman SH

PM Narendra Modi interacts with startups at IIT Madras Research Park

Prime Minister Narendra Modi also took a brief tour of the IIT Madras Research Park infrastructure and interacted with the start-ups incubated by IIT Madras Incubation Cell and the scientists at the Research and Development Centers of Excellence at the Research Park.
Prime Minister Narendra Modi visiting an exhibition at the Singapore India hackathon, at IIT Madras, Chennai on September 30, 2019.(HT)
Prime Minister Narendra Modi visiting an exhibition at the Singapore India hackathon, at IIT Madras, Chennai on September 30, 2019.(HT)
Updated on Oct 11, 2019 05:08 PM IST
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Hindustan Times, Madras | By HT Correspondent

STPI to provide 500 co-working spaces for startups in Mohali

The centre has also created a data analytics (DA)/ artificial intelligence (AI) lab
HT Image
HT Image
Published on Sep 30, 2019 12:31 AM IST
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By Hillary Victor, Mohali

Surprise travel: Sign up, turn up, hit the road

Startups are now offering to put together an itinerary for you based on a questionnaire, and keep all the details secret until the day you set off.
Friends Darshana Singh and Sushma Bindore signed up for a surprise weekend and had a blast in Panchgani.
Friends Darshana Singh and Sushma Bindore signed up for a surprise weekend and had a blast in Panchgani.
Updated on Sep 22, 2019 11:46 AM IST
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Hindustan Times | By Aishwarya Iyer
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Monday, October 18, 2021