
Much Awaited Tax Exemption for Startups Is Here
Central Board of Direct Taxes (CBDT) Has Good News CBDT has just announced that it will no longer impose tax on the investments that startups receive from angel investors. This was a long-awaited decision from which the Indian startups stand to gain a lot. It is a part of the

StoreKing Making Leaps in Assisted E-Commerce Market
StoreKing Is Empowering the Rural Customers Everyday Bengaluru-based e-commerce startup, StoreKing, is leaving no stones unturned to reach the untapped rural customer base. With its increasing reach towards the interiors of India, it is assisting customers in taking advantage of online shopping. Philosophy Behind StoreKing’s Assisted E-Commerce Sridhar Gundaiah –

Israeli Startup comes up with a Smart Gun Lock
Own your Gun! About Zore Zore, a Jerusalem-based startup develops a smart gun lock that gives access to the weapon only to its owner. Jonathan Zimmerman is the CEO of Zore, who was in the Isreal Defense Forces and has encountered gun-related accidents. Zimmerman along with his friend CTO Yalon

DIRTT’s ICEreality Is Integrating VR With Interior Designing
ICEreality Is Taking Interior Designing To The Next Level The Future is Here Imagine a reality where you exactly know how your room will look like after installing furniture and other elements. Calgary, AB based company DIRTT Environmental Solutions have come up with ICEreality, a configuration and manufacturing software, to

How Venture Capital Firms Get Their Funds?
The greatest challenge for an entrepreneur to launch his startup and keep the business up and running is to acquire the necessary funds. An entrepreneur can get his/her funding from various sources right from the good old banks to the local (un)friendly money lender. However, the preferred mode of getting

Local Motors and IBM Unveil First Self-Driven Bus
Meet Olli: The First Auto-Driven Mini Bus Arizona based startup, Local Motors, recently unveiled world’s first self-driving mini bus Olli in the US. IBM is involved with providing technical support to Olli’s interface. The bus is doing its trial runs in Maryland right now and is expected to be tested

Pryme Vessel raised $4 Million from Intel Capital
Optimal Hydration Sip by Sip Pryme Vessel has recently raised $4Million from Intel Capital. The startup brings a unique product that tracks the amount of water required in a day to stay hydrated. Funds will be used to improve the product quality like reliable assistance and improved connectivity, with new

ClearTax Secures $12M In Series A Funding From SAIF Partners
Growth & Development Beckons ClearTax Who raised how much funding? ClearTax, a tax filling platform, on Thursday announced about raising $12 Million in Series A funding from SAIF Partners. This announcement has come just weeks after they raised $2 Million in pre-Series A round funding from Silicon Valley-based founders fund

CaterWings Raises $6.7 Million For Expansion in Europe
Funds for Expansion Alexander Brunst and Sebastian Kloss, co-founders of CaterWings have just raised $6.7 millions, thanks to Holtzbrinck Ventures, Tengelmann Ventures, and Rocket Internet, for expanding their European operations. CaterWings is a startup, an online catering service giving its customers a new experience in B2B catering. Because ordering large meals

Here’s How You Build a Billion-Dollar Unicorn Startup!
In mythology, a unicorn is a fabled horse like creature with a unique single horn on its forehead which gives it fantastic magical powers such as magical healing and glow-in-the-dark luminescence. In the world of VC and startups, a “unicorn” signifies a tech startup valued at $1 billion or more,