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Venture Capital (VC) funds have invested billions of dollars in Indian start-ups in the last two years, often at seemingly outlandish valuations. But as valuations have risen, investors have ensured their capital is protected by adding tough clauses to their fund-raising agreements. In the process, start-up founders and employees may be left with very little […]

The government is likely to issue a clarification to end the confusion over ecommerce companies that operate marketplaces, so that states do not impose taxes on them. Companies that operate such platforms these include Flipkart, Amazon India and Snapdeal, should not face the same taxes as brick and mortar retailers, a senior government official told […]

As technology, communications, and transportation have changed the way we live our lives, they have also altered the way many business operate, grow and develop. Just a few short years ago, businesses were more localized, with businesses serving a more stable, constant group of people- from a city or town. They were more likely to […]

India is ranked 130 among 189 countries; an improvement of four places from last year’s ranking, according to World Bank’s Doing Business Report 2016. In a pat on the back for the National Democratic Alliance (NDA) government, India moved up four spots in the global rankings for ease of doing business released by the World […]

One more acqui-hire in hyperlocal market in Indian Startup eco-system. Hyperlocal delivery start-up Grofers has bought business-to-business logistics service provider Townrush, closing its second acquisition in a week. Hyperlocal delivery start-up Grofers has bought business-to-business logistics service provider Townrush, closing its second acquisition in a week, said one person aware of the development. The Gurgaon-based […]