The partnership is a part of Facebook’s VC Brand Incubator Program, which was launched in June.
The next big date for Startup India is 16 January, when the government has promised a slew of reforms to boost the ecosystem in the country. We hope the wait is worth the while.
Some key factors fuelling the rise of HR start-ups in India include a market growing at 20 per cent year-on-year with adaption rates around 10-15 per cent.
It is to be seen if the recent FDI norms and the much awaited GST will be a game changer going forward and will further accelerate the deal activity from inbound investment, domestic M&A and private equity transactions