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Overseas investors can now sell their stakes in Indian start-ups to local companies; start-ups also allowed to file reports over the Internet. The Reserve Bank of India (RBI) allowed overseas investors to sell their stakes in Indian start-ups to local companies, potentially giving foreign venture capital (VC) funds an easier exit route. The regulator also […]

There have been several strong reactions to the Modi government’s announcement of the ambitious Startup Action Plan at the Startup India event on January 16. The government is certainly taking steps in the right direction with this plan for helping to improve the startup ecosystem in the country. From the perspective of startups, measures on […]

Top online fashion retailers Myntra and Jabong plan to reduce discounts they offer to lure buyers to their sites in a bid to check their mounting losses and to steer towards profitability. Ananth Narayanan, who took over as the CEO of Myntra in October 2015, said the country’s largest fashion portal has already reduced its […]

Investment momentum in startups has witnessed a rapid rise in the last five years and in 2015, over 600 companies got funded with more than USD 2 billion being deployed by PE and VC funds. According to assurance, tax and advisory firm Grant Thornton, investment values increased at a compounded annual growth rate (CAGR) of […]

An entrepreneur’s value system and his long-term commitment to the startup idea are among the key factors that influence Tata Sons chairman emeritus Ratan Tata’s decision to invest in a new-age venture. While Tata invests in only those ideas that excite him, he also needs to get a good impression of the team backing the […]