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Pi Ventures launches new fund for tech startups

Pi Ventures is looking at closing the targeted corpus within this year and will be deployed over the next four years. Early-stage investor Pi Ventures on Tuesday announced its second fund with a corpus of Rs 565 crore. Approvals from the Securities and Exchange Board of India were received in March this year for the …

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The cost of ransomware, why it is on the rise and how to stay safe online

New technologies and evolving mindsets of criminals have literally changed the face of security. (Photo credit: Reuters) By Sanjay Katkar With evolving technologies pushing the world to adopt more and more digital solutions, threat actors have grown more innovative in targeting businesses and individuals using ransomware as one of their key attack strategies. The ongoing …

Banks to remain closed for up to 12 days in various states in May 2021; check full list here

According to the Reserve Bank of India (RBI), banks in most of the states will remain closed on May 14, 2021, on account of Eid-UI-Fitra. Image: Reuters Banks in India will remain shut for up to 12 days in May 2021, including weekends and festivals. Only the gazetted holidays are observed by banks all over …

Smartphone market hits record shipments in Q1 2021; second wave threatens to dampen demand in coming quarters

“But these numbers should be taken with caution as a second and more virulent wave of Covid-19 is currently on in the country and is likely to impact the coming quarters. The consumer demand will take a hit due to the ongoing Covid-19 wave and subsequent lockdowns,” Counterpoint Research senior research analyst Prachir Singh said. …

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iOS 14.5 out now: Eligible devices, how to install, top features and everything to know about Apple’s new privacy-focused update

iOS 14.5 comes with new privacy controls that Facebook isn’t particularly fond of. Apple iOS 14.5 out now | After seeding more than half a dozen betas, Apple finally started rolling out iOS 14.5 for iPhone (iPadOS 14.5 for iPad) on Monday night. iOS 14.5 is an extension to iOS 14, released last year, bringing …

BSE SME Head: SMEs don’t understand benefits of equity funding due to lack of financial literacy | Interview

“Total nine startups have been listed on the BSE Startups platform.” Credit and Finance for MSMEs: Small business listing platform BSE SME has been awaiting the quintessential stock market buzz one would expect in a country with around 6.33 crore MSMEs. Over the past nine years, 336 SMEs have been able to list on the …

Pre-institution mediation, abolishing IP Appellate Board to help MSMEs with speedy justice: Law ministry

Pre-institution mediation was introduced by inserting section 12A into the Commercial Courts Act, 2015. (Image: Bloomberg) Ease of Doing Business for MSMEs: Pre-institution mediation, which was introduced by inserting section 12A into the Commercial Courts Act, 2015, for businesses to accelerate the settlement of commercial disputes, is very important for MSMEs to have speedy justice …

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Park +: Discover and book parking with this app

Amit Lakhotia, CEO & Founder, Park+ By Srinath Srinivasan With ever-increasing traffic comes the problem of parking. In metros, this has kept many owners from taking their vehicles out or suffer every day during rush hours. In other words, this becomes a business opportunity that can be done at scale using technology. Related News Delhi-based …

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