Team VC

  • KYC-Venture Care

    Mandatory KYC of all Directors

    As part of updating its registry, MCA would be conducting KYC of all Directors of all companies annually through a new eform viz. DIR-3 KYC to be notified and deployed shortly. Accordingly, every Director who has been allotted DIN on or before 31st March, 2018 and whose DIN is in ‘Approved’ status, would be mandatorily...
  • Bitcoin takes a hit: Value against Indian Rupee slumps 38.9 % in two weeks

    The dream run for cryptocurrencies seems to have hit a wall, as Bitcoin values with respect to Indian Rupee kept decreasing over the past two weeks. The value of Bitcoin in India slipped down to Rs 1,93,799.20 by the end of a day on Friday.The website stated that one unit of...
  • The AEONIAN – a 2-Day Startup Event in Mumbai on 9-10 November 2017

    The AEONIAN – a 2-Day Startup Event in Mumbai on 9-10 November 2017

    With an aim to bring all stakeholders of the Startup ecosystem under a single roof and help them grow and build mutual collaboration and explore their dynamics, The AEONIAN 2017 will be celebrating and rewarding the Startups. Organised by Aspire Media Pvt Ltd in association with Deloitte – Knowledge...
  • Important Points about GST Invoice

    The Central Board for of Excise and Customs has highlighted few facts on Goods and Service Tax provisions about the invoice for trade. The government is all set to roll out GST from July 1. Following are the important facts pertaining to GST invoice for trade- The time period...
  • SEBI Review of Offer for Sale (OFS) of Shares through Stock Exchange Mechanism

    Comprehensive guidelines on Offer for Sale of Shares through stock exchange mechanism were issued vide circular no CIR/MRD/DP/18/2012 dated July 18, 2012. These guidelines have been modified from time to time based on the representation/suggestion received from various stakeholders. Based on the representation received and in order to further...
  • Exemptions to IFSC Companies under Companies Act, 2013

    An IFSC (International Financial Service Centre) caters to customers outside the jurisdiction of the domestic economy. IFSCs are set up in special economic zones as a unit of SEZ or as a special economic zone after approval from central government and deal with flows of finance, financial products, and...
  • Goomo gets $50 million package from Emerging India

    “Goomo is being built ground up to be an omnichannel platform that will facilitate corporate and consumer travel bookings across online and offline channels,” “The travel industry in India offers immense opportunities for growth and consolidation. Over the past 12 months, we have built a great team with a...
  • Indian Start-ups Get a New Definition Under ‘Start-up & Stand-up India’ Initiative

    The Narendra Modi Government has recently modified the definition of ‘start-up’, under its ‘Start-up and Stand-up India’ initiative to accommodate businesses that are seven years old, thus making them eligible for government-sponsored funding, tax, and other benefits. Earlier, start-ups active for maximum five years were selected for the scheme....
  • Travis Kalanick Uber CEO Resigns

    “I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight,” Kalanick said in a statement given to...
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