News for the week of 26th December 2016 to 1st January 2017

The Big Story For Entrepreneurs This Week

IEFAmazon startups program in India witnesses huge spike in applications The Indian arm of Amazon claims to have received over 400 applications in just two weeks of the launch of its start-up program ‘Amazon Launchpad’

National News

Startup India provides advertisement space for Startups on is portal PM Narendra Modi, announced the e-launch of Rise India’s new driving training institutes. The joint project will involve Ola and NSDC identifying people from various section of the society and skilling them to become driver entrepreneurs.

Aegis plans to take Indian startup social media products overseas Aegis is creating a digital unit and is looking at combining its inhouse social media product with products from startups for its overseas customers, as the BPO firm looks to boost revenue from higher margin services.

Over 200 startups closed down in 2016 Tracking the country’s startup ecosystem, 212 startups have not survived to see 2017. The number is 50% higher than last year, when about 140 startups were shut down, according to data analytics firm Tracxn.

States In The News

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