Vegrow, a fresh farm produce supply chain business, has created a new Employee Stock Ownership Plan (ESOP) pool worth Rs 26 crore ($3.5 million). This arises as many early and growth-stage companies create and extend their ESOP pools, as well as buy back shares from employees. According to the company’s regulatory filings with the MCA, Vegrow has approved a special resolution to adopt an ESOPs Plan with 16,308 options, each option exercisable into one equity share of the company. The newly accepted ESOP pool is valued at about Rs 26…
Read MoreAuthor: FutureTech
Cyber security startup Com Olho raises Rs 1.8 crore in a Seed round
Inflection Point Ventures led a Rs 1.8 million seed fundraising round for Com Olho, a Gurugram-based cyber security and IP-driven analytics startup. IPV is a Gurugram-based angel investment organisation that has made 111 investments worth Rs 358 crore. The funds will be used to hire talent, improve the tech stack, and aggressive market penetration in India and other emerging economies. Com Olho, founded in 2019 by Abhinav Bangia, assists CXOs in understanding behavioural anomalies in their customer data and qualitatively auditing their digital media spends and digital brand presence in…
Read MoreMeet the winner : Best Start-up Initiative in Robotics Sector award at IFTSCA 2022
Orangewood Research and Advancement Private Limited, a start-up that has always endeavored to democratize robotics to build Industry 4.0 are creating waves by bagging the Best Start-up Initiative in Robotics Sector award at India First tech startup conclave & awards 2022, Delhi chapter. The company has received huge appreciation for its innovative approach in solving the two biggest challenges in the robot manufacturing industry, complexity and cost. The company has the vision to make robots accessible to businesses of all sizes. The startup says, “We are building collaborative robots, or…
Read MoreDr Jitendra Singh on India emerging as world’s preferred startup destination
India first tech startup conclave & awards, India’s biggest tech startup event organized by all India council for robotics and automation, got off to a rousing start on February 17th with an inspiring inaugural address by Dr Jitendra Singh, Hon’ble Minister of State (I/C), Minister of S&T & ES, Govt. of India. He said the robust ecosystem of Startups will play a critical role in ensuring that India achieves its goal of a $5 trillion economy by 2025. “India is emerging as world’s preferred Start-Up destination due to its vast…
Read MoreKarnataka schemes for startups to grow and thrive
Extolling the startup initiatives of Karnataka Dr C N Ashwath Narayan, Deputy Chief Minister of Karnataka and Minister for Higher & Medical Education, IT & BT, Science & Technology inspired the audience at India first tech startup conclave & awards 2022, Delhi chapter. The minister stated that Karnataka state is the most ideal place for startup innovations and entrepreneurship. “The government of Karnataka, consistently come out with many schemes, programs and policies relevant to the time and situation. We have been very well connected with the industry and we work…
Read MoreGovernment schemes to build thriving startup ecosystem
India is making progress toward its goal of creating a thriving startup ecosystem. To encourage and support startup owners, the government has launched various schemes over the past few years. Startup India initiative intends to build a strong ecosystem that is conducive for the growth of startups. It aims to empower startups to achieve growth through innovation and technology. To promote growth and help the Indian economy, many benefits are being given to entrepreneurs establishing startups. SAMRIDH Scheme Ashwini Vaishnaw, Minister of Electronics Information and Technology (MeitY) launched the SAMRIDH…
Read MoreReady, Set, Pitch : Investors guidance to startups
Startup investors aren’t benevolent angels; they’re searching for certain cues to persuade them to part with their money. There are certain factors that startup founders need to be prepared for when trying to raise investments for their company. Startup owners are continuously looking for the right connections, be it the right networking contact or a credible person who can introduce them to the right investor. However, End of the day, it’s not about who you know but more about what you’ve got…!!! One harsh reality is there is no shortcut…
Read MoreStartups are the future of the country: Said Shri Omprakash sakhlecha
Madhya Pradesh as a state is a front runner in making policies for the growth of startups and utilizing the latest technologies such as AI effectively in different sectors, Said Shri Om Prakash Sakhlecha, Minister of MSME, Science & Technology, Government of Madhya Pradesh. “Being the heart of the country, Being the centre pile, we have many more privileges than other states”. He added. Shri Omprakash sakhlecha was addressing the India first tech startup conclave & awards 2022, Delhi chapter organized by the All-India Council for robotics and automation (AICRA)….
Read MoreThe floor is all set for technoxian 6th edition
The 6th edition of Technoxian- the world’s largest robotic championship organized by All India Council for robotics and automation has been announced by Dr. Jitendra Singh, Minister of State – Science & Technology, Earth Science, Government of India. The Technoxian world robotic championship is flagship tournament by AICRA to empower the interest of young learners in robotics. The 4 days championship will be commenced on 21 August 2022 at IG Stadium in New Delhi. The new season of Technoxian tournament is expected to be a culminating global event for youngsters and…
Read MoreNew Technologies & Innovations showcased by Startups at India First Tech Startup Expo 2022
Innovation came to life at India first tech-startup conclave & awards through exhibitors displayed technologies that will reshape industries and provide solutions to pressing worldwide issues from healthcare to agriculture, sustainability and beyond. Dr Jitendra Singh, Hon’ble Minister of State (I/C), Minister of S&T & ES, Govt. of India delivered the inaugural address on the 17th of February. Following two days of new product debuts, exhibitions, and a series of keynote presentations, the conclave was the largest event of its kind. “India is emerging as world’s preferred Start-Up destination due to…
Read More