Foreign funding in local startups is now subject to an ‘owner tax’

credit: 123RF.com Indian startups that raise capital from foreign investors such as Sequoia Capital, SoftBank, Prosus, Tiger Global, Carlyle, KKR and Blackstone will now have to pay an ‘owner tax’, a move that may not only negatively affect financing but also More startups to locate abroad. Announcing the federation’s budget on Tuesday, the finance minister … Read more

El Obour raises $10M to simplify investor onboarding • TechCrunch

Tim Flannery, Alex Laplante, and Ben Doran were working together on the Investor Services team at Karta when they realized that saving money to invest in startups was a taxing process (no pun intended). It required manually creating subscription agreements—the agreements that investors fill out to invest in a fund—by aggregating unstructured data across different … Read more

Forbes 30 Under 30 Entrepreneurs Raised $3 Million for Remote Work Productivity Startup Powered by Meta – GeekWire

LifeAt Spaces staff, from left: Devin Ajimine, Ashika Mulagada, Pouya Rad, and Marisa Chentakul. (photo by LifeAtSpaces) After more than a year of working remotely, Devin Agemin And his friends couldn’t find a productivity tool to help them stay focused. So they decided to build one themselves over the weekend. “We dumped it on TikTok, … Read more

The best startups are caught in Britain

The International Monetary Fund tends to the United Kingdom fall into a slumpInflation remains high, and there is an appreciable gloom about the UK’s economic prospects. One bright spot stands out though: the UK’s growth as a hub for startups and entrepreneurship. The amount invested in British startups has grown exponentially over the past decade, … Read more

The University of Utah launches Center for FinTech and Student Entrepreneurship

University of Utah President Taylor Randall and Stena Foundation founder Steve Smith speaks about the new financial technology Stena Center, at Rice-Eccles Stadium in Salt Lake City on Monday. The new donor initiative aims to enhance the student entrepreneurial experience and Utah’s reputation in the financial technology space. (Scott G. Winterton, Deseret News) Estimated reading … Read more

This crypto entrepreneur has changed the way we think about Blockchain technology

opinions expressed Entrepreneur Shareholders are theirs. You are reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media. The world has been changed by the advent of blockchain technology and its potential impact on the way we think and interact with the world around us. One of the most influential figures in the blockchain arena … Read more

Firms in which workers are most likely to become founders

You always have to start somewhere. In the case of many successful startup founders, this means working a day job before they are ready to launch their new business. So, what are the best places to work for future founders? Several big-name companies top the list, according to New report From small business lending platform … Read more

The Late Advantage in Startups • TechCrunch

Welcome to Startups Weekly, an in-depth look at this week’s startup news and trends by the Chief Stock Correspondent and co-host. Natasha Mascarenhas. To get this in your inbox, subscribe here. Sometimes, due to the nature of the startup game, we over-index what’s new. Companies want to build a pain point they never dreamed of … Read more