Influx of Business incubators for Startups in North | The Tribune | 28th Feb 2019
Before investing in a start-up, the first question that venture capitalists ask is regarding its worth. Evaluating a company in its prerevenue stage is a challenge. There are seldom any agreed-upon terms. While entrepreneurs want their babies to be valued as high as possible, the investors want the value low enough for it to be a profitable risk. Investors have a variety of methods to evaluate start-ups. The venture capital method values a company based on expected rate of return at the time of exit. The risk factor summation method compares 12 characteristics of the company with their fundable company yardstick. These are just two examples.
Apart from providing infrastructural facilities, coworking spaces have become support systems for start-ups as well. Leading the way is Chitkara Innovation Incubator Foundation (CIIF) in Manimajra. “We have as many as 56 start-ups working from our premises,” informs Sumeer Walia, Director, CIIF. The well spread out space has open workstations as well as cabins where entrepreneurs can be seen at work. “Unlike the notion that there are only IT start-ups that use co-working spaces, we have start-ups from across different categories like farm tech, health science, aerospace, art e-commerce, to list a few,” informs Walia, who mentions that the space is not only for students or alumni of Chitkara University but open to all
Chandigarh October 16, 2018 STARTUPS AIM FOR AN INTERNATIONAL CORRIDOR: Over 17 Startup Ideas from Pan India came and presented at the pre finals of the Bootcamp for Ingenuity 2018, a global innovators competition. The event started with an inaugural speech given by Dr. M M Gupta founding member of CRIKC (Chandigarh Region Innovation and knowledge cluster) who motivated the startups on how the Indian entrepreneurial mentors lobby can help them reach their goals.
CHITKARA UNIVERSITY’S CENTRE FOR ENTREPRENEURSHIP AND EDUCATION DEVELOPMENT AT GEC 2018, ISTANBUL, TURKEY The GEC- Global Entrepreneurship Congress is all set to take off today at HILTON Bomonti, Istanbul- 16th-19th April 2018. At a pre networking meet at the venue, the key leaders of GEN (Global Entrepreneurship Network) met together with other business leaders, investors, Diplomats from various countries, entrepreneurs and ecosystem builders. It is a proud moment to represent Chitkara University, India at GEC and be a part of the special Indian delegation. The delegation is led by Mr. Amitabh Kant-CEO-Niti Aayog, Yatin Thakur-Managing Director GEN-India and Srinivas Kollipara-Co Founder-T-Hub, Hyderabad
7th November, 2017: Times of India : Chitkara Innovation Incubator features with coverage on growing scope of startup incubators!
CEED: Chandigarh’s Co-working spaces feature in Tribune’s National Edition: The Fast Growing Startup Ecosystem
Since 2012, when he started Gesture Research, an artificial intelligence startup in Gurgaon, Munish Dhiman has met host of venture capitalists who have offered him good and bad advice. This is Dhiman’s story,
Social media has changed the way we interact with each other now, but its biggest impact is in the way millennials are consuming news now. With the advent of internet, newspapers are finding it hard to survive. An Assocham report revealed that the Indian newspaper industry remains robust with about 62 million copies being published on an average everyday and common households continue to remain loyal to their morning newspapers.
The business of used goods in India has seen a rise over the recent years. Gone are the days when second-hand goods would be only available at a chor bazaar in a non-descript part of the town. The switch has happened and how! Online marketplaces are embracing the old with a hint of the new.
Chitkara Innovation Incubator provides office space to startups at a very subsidized rates along with mentoring as told Mr. Sumeer Walia (Director-CEED) to Chandigarh Bhaskar.
WASHINGTON: A Silicon Valley “flying car” start-up, Kitty Hawk, reportedly backed by Google co-founder Larry Page, released a video Monday of its airborne prototype and announced plans for deliveries of a “personal flying machine” this year. “Our mission is to make the dream of personal flight a reality. We believe when everyone has access to personal flight, a new, limitless world of opportunity will open up to them,” said a statement on the website of the Kitty Hawk company, based in Google’s home town of Mountain View, California.
Elon Musk’s New Venture To Merge Human Brain And Computers SpaceX and Tesla CEO Elon Musk have announced to back a brain-computer interface venture called Neuralink. The company, which is still in the earliest stages of existence and has no public presence whatsoever, is centered on creating devices that can be implanted in the human brain, with the eventual purpose of helping human beings merge with software and keep pace with advancements in artificial intelligence
Gurgaon, 6th February: Social media giant Facebook has selected the fast growing Edtech startup Edurev for its much sought after FB Start program. EduRev will receive credits up to $40,000 and free tools and services from Facebook and its more than 30 partners including Amazon, UserTesting, Dropbox, and MailChimp. Besides partners, it will give free access to more than 25 services including open source tools like React Native, FB Login and Account Kit and App Analytics. EduRev will get an opportunity to connect directly with the Facebook team and will be enrolled into the social media giant’s exclusive community of global partner firms that include Adobe, Coursera, Dropbox, and Salesforce.
EduRev will get an opportunity to connect directly with the Facebook team and will be enrolled into the social media giant’s exclusive community of global partner firms that include Adobe, Coursera, Dropbox, and Salesforce., , facebook, EdTech Startup, EduRev, FbStart Program
Two more startups, my HQ and EduRev, have been selected by social media giant Facebook for its FbStart programme. The startups will receive credits up to $40,000 and free tools and services from Facebook and its more than 30 partners including Amazon, UserTesting, Dropbox, and MailChimp. Besides partners, it will get free access to more than 25 services including open source tools like React Native, FB Login and Account Kit and App Analytics. The two startups will get an opportunity to connect directly with the Facebook team and will be enrolled into the social media giant’s exclusive community of global partner firms that include Adobe, Coursera, Dropbox, and Salesforce.