Airbus companies in pact with 3 desi startups

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Two Airbus subsidiaries on Friday signed deals with three Indian startups. Airbus unit Navblue signed up Bengaluru-based Stelae Technologies for checking aeronautical data services quality and consistency. Navblue also extended its contract with Eflight, which aims at wholistic services solutions for Indian domestic aviation market. A third agreement was signed between Airbus Aerial and NaviRead more

Airbus arm open to stake buy in Indian startups

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BizLab, European plane-maker Airbus‘ aerospace business accelerator is open to picking up stake in Indian startups it works with, its global chief said on Friday. In an interview with ET, Bruno Gutierres added however that there is no concrete plan of an investment yet. If and when an equity participation happens, it will be aRead more

THERE IS ENOUGH MONEY GOING AROUND FOR SMES

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Financing is not a constraint for the right SME, but the key is to be ethical and transparent with lenders and investors   India’s small and medium enterprises sector is not starved of capital either for growth or working capital contrary to the popular perception. Instead, this vital sector has a better access to qualityRead more

Reforming the Indian startup ecosystem

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It’s been nearly a month since Hon. Finance Minister. Mr. Arun Jaitley delivered this Government’s fifth and last full Budget before the next General Elections. The budget was delivered amidst subdued economic growth, challenging fiscal situation and farm distress.  According to various reports, Indian tech startups raised about $22 Billion in funding in 2017, inRead more

HOW EARLY-STAGE STARTUPS RAISE MONEY

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Options include going to friends and family, crowdfunding, dipping into one’s savings, or, if one is lucky, finding an angel investor BENGALURU: The first ’round of funding’ Abhishek Latthe got when he was setting up his wearable device startup SenseGiz in 2013 was from his family and friends. The next year, he set up aRead more

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