- Cryptocurrency This Week: Snowden Reveals NSA’s Secret Bitcoin Love Saga, Twitter To Ban Crypto Ads And More Besides Bitcoin, ‘ban’ is another word getting equally popular in crytpo community. After Facebook and Google, leading microblogging platform, Twitter, is now considering to ban Bitcoin and cryptocurrency-related ads. Many leading banks including the Citibank, JP Morgan Chase, Lloyds bank, Bank of America and the HDFC bank have already barred their cards for purchasing Bitcoin or other […]
- Movers And Shakers Of The Week [8-13 Jan 2018] We bring to you the important movers and shakers of the week. National Payments Corporation of India (NPCI) has roped in Dilip Asbe as the new Managing Director & CEO. Also, Dr. Naresh Sharma has joined the Advisory board of Hotify AI, a cognitive Intelligence platform accelerating enablement of Enterprise AI Solutions. Dr. Sharma is […]
- Y Combinator Partner Gustaf Alstromer On YC’s India Plans, How Startups Can Growth Hack, And More Silicon Valley accelerator-investor Y Combinator (YC) recently conducted second chapter of its Office Hours in three Indian cities i.e. Delhi, Mumbai and Bengaluru. Three partners Gustaf Alstromer, Adora Cheung, and Anu Hariharan, spent a week in India conducting Office Hours and evaluating potential Indian startups for the accelerator program. During this visit we got a […]
- GST Is Coming: How GST Will Impact The Startup Ecosystem From July 1 On July 1, 2017, the Goods and Services Tax (GST) will be rolled out. And the motto of ‘one country, one tax’ will finally become a reality. The new tax will shift the focus from a tax on production to a tax on consumption and, thereby, entail to create a single national market or, as […]
- 5 Indian Startups Get Into Y Combinator’s New Winter 2017 Batch In yet another development, Y Combinator has announced its W’17 batch and five more Indian companies have made it to the mentorship programme. These include Playment, Bulk MRO, Servx, WiFi Dubba,and Supr daily. The accelerator invests $120K in startups for a 7% equity stake in the selected startups. It normally takes in a large number of startups […]
- From 1K Customers In First 11 Days To 1 Mn Today: ClearTax’s Journey Post The YCombinator Stamp Of Approval [Note: This article is part of The Junction Series. We will be covering the FinTech sector in detail at The Junction 2017 in Jaipur. Learn more about The Junction here!] It was on 19 July, 2011 when the website of ClearTax– a fintech startup aiming to facilitate users to file taxes and returns online, went […]
- We “Know” India Has Potential, We Don’t Just Think It: Tim Brady, Partner, YCombinator YCombinator Partners Tim Brady and Adora Cheung concluded the much-awaited YC hours at Innov8, New Delhi on September 22, 2016. And they were left impressed by the energy and enthusiasm of the selected startups. So much so, that when Tim was asked about India’s potential as a startup nation, he replied, We know India has […]
- From HackerRank To Innov8, Tracing YCombinator’s Association With Indian Startups The day has finally arrived. Y Combinator, one of the top three accelerators in the world, will finally be here in India this week as part of its visit to 11 countries – Nigeria, Denmark, Portugal, Sweden, Germany, Russia, Argentina, Chile, Mexico, Israel, and India. YC Partners Tim Brady and Adora Cheung will be in […]
- YCombinator Is Coming To India This September; Here’s Why You Should Be Excited In our Summer 2016 batch, about 30% of the startups we funded were based outside the US before YC (Y Combinator). And in the past year, some of the fastest growing companies we’ve worked with were started outside the US. We want to meet and fund the best founders, no matter where in the world […]
- Banking On Digital India: PayPal Looks To Empower Homegrown Startups To Get A Share of $500 Bn Pie In 2015, 28% of the 4.9 billion payments processed by PayPal were made on a mobile device. Meanwhile, India currently ranks number 2 in the world with over 1 billion mobile subscriptions. Of this, approximately 240 million consumers use smartphones and this base is projected to increase to over 520 million by 2020. Putting two and […]
- News Roundup: 6 Startup Stories You Don’t Want To Miss This Week [11 July – 16 July] Amazon India inaugurated its largest Fulfilment Centre (FC) in Sonipat near New Delhi. The centre is spread over 200,000 square feet with more than 800,000 cubic feet of storage space. The FC will enable thousands of small & medium businesses to save money by replacing their upfront capital expense with low variable cost and pay only […]
- Funding Galore: Startup Fundings Of The Week [13 June – 18 June] Microsoft acquired LinkedIn for $196 per share in an all-cash transaction valued at $26.2 Bn, inclusive of LinkedIn’s net cash. Post acquisition, LinkedIn will retain its distinct brand, culture and independence. The deal is expected to close this calendar year and is subject to approval by LinkedIn’s shareholders. This week 20 startups raised about $57 […]