COVID-19 aftermath: Funding divide among Indian startups makes survival difficult; while some bag millions, others struggle
Funding in Indian tech-led startups rose by 14 percent in the first quarter of 2020 as compared to the same period last year, yet only 16 percent startups and SMEs have cash to survive for more than three months, revealed a recent survey
Angel tax is tax on capital that is raised by unlisted companies by issuing shares in excess of their fair market value.
In the US, online retail accounts for 10 percent and in India it is 1-2 percent while it is 8 percent in China.
or the first time in its history, the company was snapped by a rival. Didi Chuxing, Uber’s arch rival in China, has bought over the US-based taxi hailing company, which is now valued as a combined entity at $35 billion.
There are some that are still called start-ups though they have been around for over three years and are doing well. Can the term start-up be used for them, for instance?
Vijay Shekhar Sharma, Founder, Paytm is not funding Rahul Yadav of Housing.com fame in his new business venture – Intelligent Interface, which has got the backing of Sachin Bansal and Binny Bansal, Founders of Flipkart.