Saturday, June 03, 2023
Outlook India
Outlook Business


The Indian government needs to create an adequate support structure and a conducive environment for developing and using innovative start-up technologies in the water sector

The government is working to improve connectivity and transport infrastructure, and increase credit growth and digital banking units in the region

The firm has reportedly begun conversations with investors to return money it has drawn down

BoldCap's first fund invested in 10 companies, four of which have already crossed $1 million ARR in less than 15 months

The e-commerce enabler, which recently partnered with the India Post, aims to set up a new model with post offices in rural areas to tack them back into e-commerce

More than 90 per cent of SBM India's 10 lakh credit cards are backed by partnered fintechs and customers have been advised to update their KYC to avoid blockages

AlgoBharat aims to broaden the Web3 developer base, support Web3 startups, and form strategic partnerships with established organisations to accelerate innovation and adoption of blockchain technology in India

The companies in the fifth cycle had to have a validated product, positive growth, the intention to move to the US within two years and revenues of at least $500,000

The visit is significant for SoftBank, which has been facing losses from its Vision Fund, and comes on the back of a series of stake offloads across listed firms

The recent blow-ups in many start-ups are a result of the founders' vanity and their failure to understand the basic obligation of public shareholding