Leading Drone delivery start-up, TechEagle raises USD 500K

TechEagle, a leading drone delivery start-up has raised USD500,000 in a seed round led by India Accelerator, with participation from Vinners Group, Sitics Logistics & other marquee angel investors. TechEagle is deep tech (drone, AI) company that is currently based out of Gurgaon, and building the end-to-end technology solution for enabling a drone logistics airline for last-mile & mid-mile deliveries. To make its vision a reality, TechEagle has already received approvals from the Government of India (MoCA) and the Regulators (DGCA) to conduct package delivery BVLOS (beyond the visual line…

Start-Up Funding Challenges and Types

Building your own company is exciting, but it can also be hard, and it requires investment, a lot of it. Finding funding has and always will be a challenge for any start-up, but having adequate financial resources is critical to your company’s ongoing success. Innovative products and business models are the foundations of a promising start-up. However, you’ll also need a steady flow of funds, especially in the early stages, to turn those ideas into reality. Funding is crucial for improving technology, hiring the right people, and launching a comprehensive marketing strategy…

A Platform to Create Equity Culture among SMEs and Startups

With 26 years of experience in the Capital Market as India’s biggest Custodian to India’s biggest and largest Stock Exchange, Mr. Ajay Thakur plays a key role in setting up the SME and Startup Platform. He is the Executive Committee Member of Indian Merchant Chamber, Member of Advisory Committee of GLA University and associated with Nanubhai Desai & Co, as Member of the Advisory Board in their Fintech Company, Paaryal Fin tech Services Pvt. Ltd. What is the BSE SME Platform? How and why should SMEs be listed to it…

‘The Team’ Required for A Startup’s Success

Mobilising a troop of workforce can be a taxing task for a startup. It’s not only about hunting down a bunch of potential employees but also people who are willing to walk an extra mile to contribute to the growth of a startup. An employee’s expertise, experience and attitude can prove to be the deal-breaker for a startup. While filtering and hiring trained manpower is challenging enough, another hard task is of convincing these talented bunch to join a young team. For experienced professionals, joining a brigade of an inexperienced…

Essentials to Convert an IDEA into Reality

For an aspiring entrepreneurs, it is often common to come up with a variety of crazy ideas for new businesses without much clarity on implementation and how to convert idea into business venture.  We can think of a business concept as a bridge between an idea and a business plan. Basically it focuses one’s thinking so that the entrepreneur can identify the opportunities and challenges of his/her proposed venture. Converting an idea into a business concept requires thinking about how the product or service will be sold and the targeted…

Great Tips to Attract the Right Investors for your Business in 2021

Many of the businesses require new investors for launching their start-ups or for scaling their businesses. There are many ways of approaching this fundraising. The companies that need fundraising also get the attention of those who have the capital so that they can get to another level. Every business that is in a stage of growing, no matter how successful it is, will need funding at some stage. Even the businesses that have a great business or product idea and impeccably lean operations need more capital at some point. This…

Startups: How Peer-Support Networks Can Help

Launching a startup is a substantial step and surviving in a hostile business environment is even scarier. But that doesn’t mean it eliminates the chances of survival and success. In the case of startups, due to lack of experience, a strong peer-support network comes to the rescue. A peer-support network refers to the term where people in the same situation/ experience help each other both practically and emotionally. In business terminology, a group of people/experts from similar business background and experience come together to help each other succeed in the…

Top 8 Most Common Legal Mistakes Made By Startups

It is not a piece of cake to set up a startup. It needs quite a bit of effort and resources to create a successful business idea and commence its operation. Many tasks need determination and focus to launch a certain product in the market, safe and sound. As there are several to consider before making a reliable market product, the founders generally disregard the legal and official requirements of their startup during their initial stage. Due to this, the founders fail in creating a firm and legal foundation for…

A Complete Guide to Choose Right Business Model for your Start-Up

Is becoming an entrepreneur your dream? Are you flooded with business ideas? Are you passionate about starting your own business? Then hold on, and think once again. In this competitive world, where about 100 million start-ups launch every year, make sure your business idea fits in the market. The ultimate aim of any business is to generate revenue. The foremost step to be kept in mind before initiating a start-up should be a well-planned business model that provides an overview of your efforts and expectations. Wondering! What exactly a Business…

Success Story of Hotfoot – Simplifying loan lending process for Loan Aggregators

We had a candid interview with Mr. Vivek Naidu, CEO and founder of Hotfoot. Vivek is the Founder & CEO of Hotfoot Technology Solutions Pvt. Ltd, a new-age FinTech / Credit Tech Platform that provides optimum end-to-end business solutions to Financial Institutions.  He has done his Master’s in Financial Management. Being born in a business family largely laid the foundation for his current business outlook that the business must be customer-centric to be able to survive.  As a first-generation entrepreneur, a vision to transform the way people avail loans led him to…

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