Blogs

You are here: Home » Blogs

If the proposed levy on online advertisements is actually implemented, it would translate into startups ending up paying 6% over the 14.5% service tax. This equalization levy on online advertisements can burn a hole in the pockets of early stage startups for which online advertising makes more because of its targeted reach and lower cost. Manik Mehta, cofounder Leaf Wearables, a […]

The new Intellectural Property Policy is in compliance with TRIPS. Finance Minister Arun Jaitley released India’s National Intellectual Property Rights (IPR) Policy recently. The Policy which is in compliance with WTO’s (World Trade Organisation) agreement on TRIPS (Trade Related aspects of IPRs), aims to sustain entrepreneurship and boost Prime Minister Narendra Modi’s pet scheme ‘Make […]

Peter Thiel is an american entrepreneur, venture capitalist and hedge fund manager. He founded Paypal with Max Levchin and Elon Musk and served as its CEO. He also co-founded Palantir, of which he is the chairman. He became the first outside investor in Facebook, when he acquired a 10.2% stake in 2004 for $500,000. He […]

SoftBank-backed budget hotel room aggregator OYO Rooms said it has attained profitability at an aggregate level. The firm, which is operated by Gurgaon-based Oravel Stays Pvt. Ltd, claimed that it was operationally profitable until June 2015 before it went for expansion but regained profitability at a network level from February 2016, as per a statement. […]

Zomato Media Pvt. Ltd’s CEO Deepinder Goyal said on Monday that the company’s investors remained bullish despite a report by brokerage HSBC that claimed the restaurant search and food delivery start-up was overvalued. HSBC estimates Zomato is valued at $500 million, not $1 billion as many believe. HSBC disclosed its estimate of Zomato’s valuation in a […]