The Catalysts our City Needs!

Posted on Monday June 18, 2018

Internal Release

As a resident of Brampton since 2015, I’m in love with my City! I love the green spaces, the parks, the libraries, the hundred different options for international grocery, the two hundred different varieties of food from around the world and of course, our fantastic community centers to burn down the calories! The City provides

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THERE IS ENOUGH MONEY GOING AROUND FOR SMES

Posted on Monday April 30, 2018

News Release

Financing is not a constraint for the right SME, but the key is to be ethical and transparent with lenders and investors   India’s small and medium enterprises sector is not starved of capital either for growth or working capital contrary to the popular perception. Instead, this vital sector has a better access to quality

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Reforming the Indian startup ecosystem

Posted on Wednesday April 04, 2018

News Release

It’s been nearly a month since Hon. Finance Minister. Mr. Arun Jaitley delivered this Government’s fifth and last full Budget before the next General Elections. The budget was delivered amidst subdued economic growth, challenging fiscal situation and farm distress.  According to various reports, Indian tech startups raised about $22 Billion in funding in 2017, in

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CBA LEADS THE PRE-SERIES A ROUND OF FUNDING FOR SHIRSA LABS

Posted on Thursday February 15, 2018

Press Release

New funds will be used to bolster their presence in India and scale up the business further The edtech startup Shirsa Labs recently raised half a million dollars in the pre-series A round. The Mumbai based startup has raised the amount from multiple existing investors. The recent round of funding was led by Cross Border

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STEEP FALL IN ANGEL FUNDING TO START-UPS: ANGEL TAX DRIVING AWAY INVESTORS FROM ECOSYSTEM

Posted on Tuesday February 13, 2018

News Release

A steep fall in angel funding and Series A has dimmed the lustre of the once-vibrant start-up sector in India. “While angel investments are the critical first piece that gets a start-up going, series A fund is the one where the angel investors really make their exits and make money. That’s what incentivises them to

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HOW EARLY-STAGE STARTUPS RAISE MONEY

Posted on Monday February 05, 2018

News Release

Options include going to friends and family, crowdfunding, dipping into one’s savings, or, if one is lucky, finding an angel investor BENGALURU: The first ’round of funding’ Abhishek Latthe got when he was setting up his wearable device startup SenseGiz in 2013 was from his family and friends. The next year, he set up a

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CENTRE MAY LOOK AT NEW FRAMEWORK FOR ANGEL FUNDS FOR START-UPS

Posted on Monday February 05, 2018

News Release

BENGALURU, FEBRUARY 2 In his Budget speech on Thursday, Finance Minister Arun Jaitley was expected to announce a separate policy on angel and venture investments in start-ups, one of the biggest bones of contention for entrepreneurs, who currently have to pay as much as 30 per cent tax on funding even if their companies have

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BUDGET 2018: ANGEL TAX STILL A DEVIL BUT FINANCE MINISTER ARUN JAITLEY INSTILS HOPE

Posted on Monday February 05, 2018

News Release

Budget 2018: The union budget 2018 raised a ray of hope for the start-up ecosystem in the country with the promise of addressing the various issues relating to investment in such companies, but fell short of removing their biggest irritant: angel tax. Budget 2018: The union budget 2018 raised a ray of hope for the

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BUDGET 2018: WHY ANGEL TAX SHOULD ONLY BE LEVIED ON NON-ACCREDITED INVESTORS

Posted on Wednesday January 31, 2018

News Release

The last Budget before the 2019’s Lok Sabha elections is just a few days away. The entrepreneurs and investors are eyeing the Budget in hopes that the government should address the major issue of angel tax. There are a few ways in which the government can address angel tax.   Accreditation of angel investors Investment

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DEAR FM, CAN ANGEL INVESTORS AND STARTUPS EXPECT SOMETHING THIS BUDGET?

Posted on Monday January 29, 2018

News Release

The 2018’s Union Budget will be Modi Government’s fifth budget and the last one before the 2019 Lok Sabha elections. Hence, the Budget also holds a strategic importance for the current government. Keeping in mind the current government’s startup initiatives, the expectations are high for the upcoming Budget, especially for the startups. There are a

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Why Indian angel investors are backing startups from the US to Estonia

Posted on Tuesday September 27, 2016

Media Coverage

In June last year, Estonian startup Comfee raised seed funding from a group of investors that included India’s Dewang Neralla, a former director at Financial Technologies India Ltd who backed the venture as part of the Cross Borders Angels (CBA) network. Comfee, now called FlipFlic, makes a solar-powered device that automates the functioning of the

Banker and entrepreneur join hands to build 14 Square a platform for serviced apartments

Posted on Wednesday September 07, 2016

Media Coverage

If you’re a jetsetter and used to living out of a suitcase most days of the week, then the idea of serviced rooms and apartments may not be new to you. However, the concept is still quite new in India. Being business travellers, both Gaurang Chandarana and Prashant were used to staying at different destinations

amit-patni

Why this family businessman created a venture fund for internet startups

Posted on Friday June 24, 2016

Media Coverage

Promoter-shareholder of Patni Group, Amit Patni comes from a lineage that has seen different stages of digital ecosystem. “My father and his brothers had started Patni computers in the 1970s. We were one of the pioneers in the information technology space across the board,” he says. Over the decades the company grew to close to

Vesa-Perala

YS Exclusive: Finnish EdTech startup Claned raises EUR 1.3m to expand India operations

Posted on Friday June 24, 2016

Media Coverage

CLANED, a Tekes funded startup based out of Helsinki, has raised a EUR 1.3 million round led by Indian CBA (Cross Border Angels and Investors) members. CBA is an international investor network. This round of funding will help the venture leverage their network and roll out their operations in India. Vesa Perala, Founder of Claned,

Yourstory-Edgefx

Why this edutech company pivoted after training over 20,000 students

Posted on Friday June 24, 2016

Media Coverage

The education sector today is packed with several edutech startups that aim to make learning easier. Edgefxkits aims to be slightly different from the crop. Established in 1997 as ‘Orbit,’ they have trained thousands of engineering students in the areas of electrical, electronics, and communication. It was in late 2011 that the team decided to

stirgoa

Startup India Rocks, Goa

Posted on Friday June 24, 2016

Media Coverage

Scaale, a VC Group headquartered in four key markets of SF, London, Barcelona and Mumbai has worked with 500+ companies around the world, with offices in 13 cities globally and a team of 300+ international professionals. Scaale’s mission is to strategically work with companies and support them in becoming micro-multinationals by leveraging on its global

startup-india-rocks-tech-portal

We Are At Startup India Rocks GOA, And Here’s What We’re Gonna Do

Posted on Friday June 24, 2016

Media Coverage

As we had already announced, we will be covering Startup India Rocks Goa LIVE, in all possible heck of those formats present on earth — live blogs, live streaming (limited sections), live photo ops and lots of other stuff. So here’s a brief of what and how we are gonna do. To start with, I,

stirgoa

Ashwin Sanzgiri, VP- Capital Group, Scaale, Talks About India’s First Global Startup Event !

Posted on Friday June 24, 2016

Media Coverage

Scaale Inc, a Venture Resource group headquartered in San Francisco, is launching India’s First Ever Global Startup Event this year in Goa! Startup India Rocks, Goa is scheduled on 7th & 8th October 2015 at the beautiful Leela Goa. We spoke with Mr. Ashwin Sanzgiri, Vice-President – Capital Group, Scaale: “Scaale Inc is a VC

stirgoa

Startup India Rocks Comes to Goa Bringing Investors from Round the Globe

Posted on Friday June 24, 2016

Media Coverage

Scaale, a VC Group headquartered in four key markets of San Francisco, London, Barcelona and Mumbai is organizing India’s first ever global startup event this year in Goa called Startup India Rocks. The event is scheduled on 7th & 8th October 2015 at Leela Hotel. The two-day event is the first of its kind in

Goa-based startup only Indian winner at international summit

Posted on Friday June 24, 2016

Media Coverage

PANAJI: In 2009, two IIT-Kanpur graduates, with successful stints at DRDO, threw all wisdom out of the window and chose not-so-IT-savvy Goa as the base for their geospatial mapping startup. Transerve Technologies, on Thursday, became the only Indian startup to win at India’s first-ever international startup summit, held at a South Goa resort, and which