Start-Ups

Byju's Buys Osmo: Osmo, a developer of learning games, will continue as a standalone brand once the deal is completed.

The notification specifies a list of documents that start-ups will have to submit to the DIPP while seeking approval.

The central government decision came after a number of representations were made to Commerce and Industry Minister Suresh Prabhu by start-ups.

The purpose of the angel tax was ostensibly to weed out money launderers who could use undisclosed income to invest in start-ups.

The investment in the native start-ups rose by a phenomenal 108 per cent annually to $4.2 billion in nine months (January-September) from $2 billion in the same period of 2017.

Formed in 2013, Oyo Rooms is already worth an estimated $5 billion after receiving funding from international venture capitalists. The app-based company, Oyo Rooms, has quickly become India's largest hotel firm by number of rooms and one of the biggest in China as it pursues an aggressive expansion abroad.

Swiggy said it will use the funds to bring more quality food brands closer to consumers and address gaps in supply through delivery-only kitchens.

Sebi cleared a proposal to allow custodial services in the commodity derivatives market to enable institutional participation.

Zheng Bin, CEO of the Industrial and Commercial Bank of China (ICBC) India, on Monday gave an overview of the Indian start-up ecosystem and how to invest in them at the second 'Start-up India' Investment Seminar.

While Bengaluru, Delhi-NCR and Mumbai remained the biggest start-up areas, 40 per cent of start-ups emerged from smaller towns like Indore, Jaipur, Pune and Kochi.

Rajan Anandan takes over from Pramod Bhasin, founder of Clix Capital, after his successful two-year stint as the president at TiE Delhi-NCR - a non-profit organisation dedicated to fostering entrepreneurship.

Co-working spaces are common shared spaces where all office amenities and infrastructures are shared between two organizations.

PolicyBazaar believes this will enable it to grow at a CAGR of more than 80 per cent over the next three years achieving 10 million transacting customers by 2020.

Flipkart group chairman Sachin Bansal on Wednesday announced his exit from the e-commerce company. His exit came in the wake of US retail giant Walmart announcing a deal to acquire Flipkart.

Located in 447-C, 12th main, Koramangala, the bungalow is located in a leafy lane of a residential suburb that is now inundated with scores of restaurants, restro-bars and fitness centres, according to Flipkart Stories.