IANS- Facebook-owned WhatsApp and Invest India on Tuesday picked 5 Indian startups who would receive nearly Rs 35 lakh ($50,000) each to further develop country-first products to solve real-life problems being faced by millions in the country. The start-ups are: digital healthcare platform MedCords; virtual reality content platform Melzo; WhatsApp-based conversational AI platform Javis; agri-tech […]
Tag: Startup India
Silicon Valley investors upset with startup tax in India
Ritu Jha- Silicon Valley investors who once welcomed Prime Minister Narendra Modi’s Startup India initiative are upset that the Indian government is now seeking startups to pay 30 percent tax on investment. Investors here are unclear what steps to take in the face of India’s bureaucratic shifts. “Yes, I was shocked when I heard […]