Delhi to host US government funded Nexus platform for start-ups
The Dollar Business Bureau The start-up hub Nexus, an American Government-funded platform to enable and encourage start-ups in India, has chosen New Delhi to host its activities as the country’s capital has ‘all the right components’ required for such type of initiatives, said Erik Azulay, Director, Nexus. “Delhi has all the right components, you have the entrepreneurs, the funders, the government, the capital and other complementary factors. We saw an ecosystem here which was needed for starting this initiative,” Azulay told PTI. Azulay, who moved to New Delhi from Austin (Texas) to establish and run the centre, said that New Delhi is the pilot and now the vision is to enhance the presence to other parts of the country and South Asia. “We did look at ...
Sitharaman offers Rs.1.18 cr to Mangaluru start-up incubator
The Dollar Business Bureau Commerce and Industry Minister Nirmala Sitharaman on Friday announced that she will contribute Rs.1.18 crore to a start-up incubation centre to be established in Mangaluru (Karnataka) from her MP Local Area Development fund. The Kanara Chamber of Commerce and Industry (KCCI) and Dakshina Kannada district administration are planning to establish the incubation centre in order to boost ecosystem for start-ups in Mangaluru. “The first start-up incubation centre for Dakshina Kannada will come up in the next four months,” Sitharaman said while speaking to reporters. The Minister said that the 6,000 sq ft facility at Mangaluru City Corporation (MCC) building in Mallikatta in the city could have accommodation for 60 seats. She further stated that the Central government would provide basic infrastructure ...
Israels Pears foundation to hold bination hackathon
The Dollar Business Bureau Pears Foundation of Israel is hosting a bination hackathon focusing on affordable healthcare across four cities – Hyderabad, Bengaluru, Mumbai and Tel Aviv (Israel). The 36-hour hackathon in Hyderabad will be conducted by India's largest incubator for startups T-Hub in association with its Israel counterpart. The bination hackathon is the first outcome of T-Hub’s international partnership with StarTau, Israel. This hackathon will build bridges between the innovation ecosystems of Israel and India by providing a platform for entrepreneurs and industry experts from both the countries to work together to pioneer affordable healthcare solutions, T-Hub said in a statement. Winners of the hackathon will receive a minimum cash prize of Rs.1 lakh for each sponsored challenge and a fully paid ...
The Big 'View'
Devita broke away from the family business a decade back, to start her own venture Vu Televisions. She hasn’t had to look back since, with Vu vying for market share with the likes of Sony and Samsung. Manisha Choudhari | March 2016 Issue | The Dollar Business Devita Saraf, CEO & Design Head, Vu Televisions Spirited and spunky, Devita Saraf needs no introduction. Having been eager to start working since she was only a child, Devita became Director of Marketing at Zenith Computers at the age of 21, and started her own company, Vu Televisions, at 24. She is an exemplary role model for those who want to start, run, and grow their own business. It is rather unique to see the ...
