Technology News Today

The technology industry is constantly changing which means you have to keep yourself updated with the modern Technology News Today where new technologies are evolving each day. From technology news to gadget reviews some of the websites that keep us updated with the current trends and innovations in the market are:

Entrackr: A new age media platform for technology news enthusiasts, entrepreneurs, and startups, entrackr covers the technology startups and breaking development with incisive analysis and deep insights.

Digital trends: Packed with the latest technology news today and all sorts of information the site covers the technology news in a wide array of different categories. Apart from being approachable, it’s a great resource for technology experts and novices.

The Information: From announcements and happenings within the technology industry this site keeps you informed about the latest trends and innovations.

Startup Funding India

In the past years, investments in the Indian startup ecosystem have gradually increased. India is in its best ever phase of startup ecosystem with economic environment favoring the aspiring minds. However, careful planning and futuristic approach are imperative to ensure your startup don’t shut down within the first year of operation.

When it comes to meeting the vision of business, funding is an extremely significant aspect. Funding and fundraising, are two fundamental modern business scenarios that support the growth of a startup. Some of the few successful startup funding options in India that will help you support your business with the financial requirements are:

Crowdfunding: In this, more than one investor is involved and they offer a fixed amount of money based on your business idea, goal, plan of action, and plans of making a profit.

Self-funding:  It’s an ideal plan of action when it is hard to convince others of your business idea and vision

Venture capitalist: It offers you professionally managed funds who are looking for startups that have success potential providing expertise and monitoring.

What is a tech startup

A tech startup is a company working with the purpose of bringing technology products or services to market. It delivers new technology products or services or delivers existing technology products or services in new ways.

Challenges faced by tech startups in India

With technological advancements and constant pressure to come up with something unique or improve the existing product tech startups are working on research and development. Some of the most common challenges faced by Tech Startup News are:

Making people believe in your idea: For most product-centric startups find it tough to convince customers about the value addition a product provides. Before the actual development a research around the target group, product feasibility, and market acceptability needs to go.

Building a Team & Managing: Building a team is a challenge for technology-based startups as professionals prefer not making the switch to startups from corporate due to the absence of benefits and incomparable pay scales.

Infrastructure, Ecosystem + Policy Challenges: One of the major challenges for a startup is of the infrastructure and policy ecosystem as it is required to nurture the growth of tech-based startups.

Funding: In order to raise funding for a tech startup it’s important to interact with venture capitalists or institutional investors, to define and plan your idea. Possessing a well-defined revenue stream and the ability to effectively showcase it is the deciding factor when it comes to getting a fund for a startup.

Challenges of upcoming startups in India

India is a ground for cultural, grassroots and frugal innovation. Ever since governments around the world started supporting startups through government-led initiatives, there has been a great revolution in the startup scene. India is becoming one of the most favorable markets when it comes to attracting startup investors from both local and foreign scenes.

A start-up, to most people, is a precious opportunity to turn their passions into a reality. However, the route towards this envisioned future is rarely easy. In fact, the first year of a startup can pose unimagined challenges and complications

So, if you are just starting out in the world of start-ups or are deliberating establishing one, here is a list of the 10 biggest challenges an upcoming start-up is likely to face in his first year of execution:

Challenges of Upcoming Startups in India

Socializing brand with social media: As social media is the best way to connect with customers and expand business at the same time it’s also a big challenge to make a strong social media presence.

Onboarding new employees: Being a startup bringing up new employees onboard to speed up quickly is a very challenging problem. Reducing training time and repeatable processes can help achieve a greater milestone.

Compliance with changing laws and regulations: Staying updated with the new rules and regulations cast by the government.