As many as 32 venture capitalists are in line to raise as much as Rs 4,432 million, as per data available with research firm Venture Intelligence
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The majority of the world's successful entrepreneurs never had formal education or training in the field they ventured into and yet they created monumental successes.
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The company has been struggling with mounting losses and falling market share according to local media reports
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The Bengaluru-based firm will use the funds to develop the product, grow its present team and increase user engagement
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Even as Prime Minister Narendra Modi lines up a four-year, Rs 10,000 crore government fund to help startups create jobs, entrepreneurs fear that may prove a drop in the ocean
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While measures announced at the Startup India event have enthused entrepreneurs, it remains to be seen how these policies take shape
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Modi's high-profile event on Saturday in New Delhi was attended by hundreds of investors and entrepreneurs
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The Prime Minister said start-up companies would benefit from cheaper and faster patent applications, enjoying 80 per cent rebates on the cost of patents
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