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Nearly 1000 startups expected to be funded in 2016: Report

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The forecast depends on the run-rate seen in Q1 2016, and the contribution from first quarter to the yearly deal volume. There have been 255 deals till mid-April this year, said the report.  2016 will keep on being the year for startups as investment funds keep the money desiring a generally cash-compelled ecosystem. While financial speculators will keep subsidizing the startups, 'little is protected' is liable to be the characterizing theme for startup subsidizing, as deal size is relied upon to be much littler in contrast with the hyper subsidizing as of late, claims VCCEdge Q1CY2016 Startup India Funding Report.  The year 2016, consequently, will be the year of solidification with startup valuations getting trimmed, early-stage financial specialists turning mindful and a general fixing of purse strings.  The report characterizes startups as organizations that have reported raising an Angel or Seed-stage subsidizing, or a Venture Capital Round An or Round B in th...

Facebook Announces The Winners Of The Internet.Org Innovation Challenge In India

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The Internet.org Innovation Challenge in India bolsters our vision of a joined world by perceiving individuals why should working make the internet more relevant to women, understudies, farmers and migrant laborers in India. We will probably empower the advancement of applications, sites and online administrations that give genuine quality to the individuals from these critical groups. In India, just 18 percent of the population has access to the internet. To get one billion individuals India online, the internet should be open, moderate and, in particular, we have to individuals comprehend the conceivable outcomes accessible to them online. Each of the entries we got has a section in making an associated India and we are eager to declare the 12 winners crosswise over four categories: Farmers, Migrants, Students and Women. We are displaying four $250,000 USD Innovation Challenge Award prizes: one to the main application, site, administration or thought that best addresses the iss...