The government may change the definition of a start-up following criticism that the current one that defines such companies as those that are less than five years old and have annual sales not exceeding Rs25 crore was too restrictive. “We are finding that this definition needs to go through a… Read more »
By Saritha Rai
Over 175 founders have sought Vasupal’s release.
Japan’s SoftBank Group Corp is close to finalising an investment in U.S. office-sharing startup WeWork, in a deal expected to be worth over $3 billion, CNBC reported on Monday. The investment under discussion is a $2 billion primary tranche of funding, followed by a secondary round worth more than $1… Read more »
Start-up Voonik Technologies Pvt. Ltd, owner of the Voonik fashion app, has raised $6 million (Rs40 crore) from Singapore-based RB Investments and existing investor Sequoia Capital, two people aware of the development said. The latest round is a follow-on to its Series B round of $20 million in July, led… Read more »
Early stage investor Kae Capital has back ed-tech startup Learntron, while transport tech TempoGo has raised seed funding from K2 Capital. Kae Capital backs ed-tech startup Learntron Learning technology startup Learntron has raised an undisclosed amount of funding from Mumbai-based early-stage investor Kae Capital in its pre-Series A round of funding. Learntron,… Read more »
Created as a new media startup under Dongfang Daily, ThePaper.cn is composed of two units ― an online video platform, and an English language online publication Sixth Tone.
The Singapore Institute of Management (SIM) is keen to collaborate with overseas institutions to widen the scope of its latest initiative called Platform E, which is aimed at training and helping entrepreneurs, incubate business ideas and accelerate go-to-market activities for entrepreneurial ventures. SIM plans to invest S$50 million ($35.2 million) to support the development of future… Read more »