Innoz, Husk Power Systems at DFJ-Cisco biz plan finals

Posted on June 29, 2009 by Snigdha Sengupta

Tomorrow are the global finals of the 2009 DFJ-Cisco Global Business Plan competition. One out of 16 finalists — list here — will take home $250,000 in seed funding as well as mentorship from DFJ and Cisco. Two Indian companies are among the 16 finalists — Husk Power Systems and Innoz Technologies. Husk Power Systems: This cleantech company, headquartered in…

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New team takes charge of Proto.in

Posted on June 27, 2009 by Snigdha Sengupta

The sixth edition of Proto.in will see, among other things, curator Vijay Anand stepping back and others such as Ravi Shankar and Sudhir Syal taking charge of the startup showcase. Anand is on to something new related to the startup ecosystem. Some details on what to expect from the Pune edition: Ganesh Natarajan, CEO of Zensar Technologies, will deliver the…

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HeadStart demo pit startups

Posted on June 18, 2009 by Snigdha Sengupta

HeadStart Summer 2009 shortlisted 20 startups for the Demo Pit (an exhibition where startups get to showcase their products or ideas) last week. These startups are different from the nine that have been shortlisted to pitch to venture capitalists and angel investors. Startups will showcase their ideas to the audience. The panel of venture capitalists has some fresh faces but…

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ICICI Bank readies for SME Fund launch

Posted on June 2, 2009 by Snigdha Sengupta

Reuters reports that ICICI Bank is close to launching its $150-200 million SME (small and medium enterprise) fund, pending regulatory approvals. The bank wants to address the needs of companies which find it difficult to access equity capital from private equity and venture capital investors, says the report. The bank is already a significant player in the SME segment, which…

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