IRDAI Allows Indian Insurance Companies To Invest In Startups Via Fund Of Funds
To provide more capital options to the growing Indian startup ecosystem, the Insurance Regulatory Development Authority of India (IRDAI) has allowed Indian insurance companies to invest in fund of funds (FoF). IRDAI added that insurers are prohibited from investing in fund of funds that invest in overseas companies or funds. Talking […]
Nasscom Launches Deep Tech Club 2.0 To Boost Indian Deep Tech Startups
National Association of Software and Service Companies (Nasscom) has launched a project, Deep Tech Club (DTC) 2.0, to boost Indian deep-tech startups and help them scale globally. Deep Tech Club (DTC) 2.0 is a three-stage programme aimed at scaling the impact to over 1,000 firms that are leveraging technologies such […]
Growth Story Of Indian Startup Ecosystem And Top 5 Most Promising Sectors In 2021
India is a growing economy and a large market of underserved/unserved customers. Being the world’s sixth-biggest economy, India has the 3rd largest startup ecosystem in the world. Supported by favourable demographics and increasing mobile penetration, India has an active and thriving startup ecosystem. With many government initiatives in place and […]
[Company Registration India] Requirements And Process For LLP Registration In India
Indian entrepreneurs in the initial stages majorly face issues in the legal side of business like certificates, registrations and compliances. It is quite understandable as Indians emphasize government jobs, and are not familiar with the business ecosystem. And if you are a startup founder, you can examine by taking your […]
[VC Firms India] Top 9 Active Venture Capital Firms in India
The Indian startup ecosystem has grown from a few tech companies to thousands of innovative new ventures in the last decade. The growth is so rapid that in 2020 alone, India has seen a record number of startups turned unicorns (startups valued at $1 billion or more). In 2020, India registered a […]
DPIIT Invites Applications For National Startup Awards 2021 To Reward Outstanding Startups and Ecosystem Enablers
To recognize and reward outstanding startups and ecosystem enablers, the Department for Promotion of Industry and Internal Trade (DPIIT) has invited applications for National Startup Awards 2021. National Startup Awards 2021 will be given in 49 areas classified into 15 broad sectors, and the applications for the awards are open […]
Early-Stage Investment Firm ‘Venture Catalysts’ Aims to Invest ₹1,000 Cr In Startups Next Year
Early-stage Investment firm Venture Catalysts Group closed 102 deals this year compared with 63 deals in 2019. Despite disruptions caused by COVID-19, Venture Catalysts maintained its leadership position in the Indian early-stage startup investments. Supporting the Indian startup ecosystem, VCats has invested over Rs 700 crore through syndication in several […]
Bain & Co Report: Indian SaaS Startups To Capture 7-9% Global SaaS Market By 2022
Indian SaaS (software as a service) industry is on track to reach $18-20 billion in revenue and capture 7-9% share of the global SaaS market by 2022, as per a report by Bain & Co. The report defines SaaS startups as those founded domestically by Indian founders (or founders of […]
Delhi-NCR Witnesses Highest Number Of New Startups During January-June 2020
With an increase in government support and a rise in incubators and accelerators in India, the Indian startup ecosystem is expanding. And due to this growth, Delhi-NCR has seen the highest number of startups being established in the first six months of 2020. According to Tracxn (a venture capital industry […]