Consumer spending is set to hit $1.29 trillion by 2024, growing at 7%, as per S&P Global Market Intelligence, 2024. But there is a significant challenge, approximately 25-30% of products in the market are counterfeit (according to Crisil and ASPA in their 2024 report). Sectors like apparel, FMCG, and automotive are the hardest hit. To […]

Bengaluru-based Novacret startup incubated at the Indian Institute of Science (IISc) is reshaping the way we think about construction materials. The company has emerged with an eco-friendly alternative to traditional cement with the use of Geopolymer technology. It is learned the new solution is to reduce carbon emissions and simultaneously also eliminate the use of […]

The IIT Madras Startup Networking Event is creating a buzz lately as it is headed to Delhi NCR. The event is set to take place on December 21 at WeWork HQ27 in Gurugram. The initiative is a chance for startups, investors and mentors to collaborate. The platform offers the kind of opportunities that drive real […]

Startup India initiative of the Indian government has proved that right support can help the startup ecosystem to thrive. More than ₹21,000 crore has been invested in startups through various schemes as of October 31, 2024. Schemes such as Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS) and Credit Guarantee Scheme […]

Climate change is no longer a distant concern, but it is in fact a concerning reality that is disrupting businesses, transportation and communities worldwide. The challenges for global supply chains have never been greater due to frequent hurricanes and floods as well as rising temperatures and droughts. This is a reason for the recent recognition […]

Bengaluru is known as the Silicon Valley of India and has long been celebrated as the epicenter of the Indian startup ecosystem. However, the city’s fast-paced culture and high-pressure environment may not be the ideal setting to build certain types of businesses for some entrepreneurs. A telemedicine startup founder’s experience highlights why it may not […]

Actor-entrepreneur Vivek Oberoi lately opened up about his rapidly growing education financing startup that is currently valued at about ₹3400 crore. He highlighted the role of his company in addressing critical gaps in education, financing and enabling his pursuit of acting. The venture of Vivek Oberoi focuses on non-collateralized education fee financing and it is […]

The proposed Digital Competition Bill is aimed at tackling anti-competitive practices by big tech companies. However, it is learned that the bill could harm the Indian MSMEs and startups. A recent survey by public-policy think tank The Dialogue shows reveals that it could disrupt businesses that rely heavily on digital services. One major concern is […]

Mumbai-based food delivery startup Thrive has decided to shut down its consumer app following four years of existence in the market. Company co-founder Krishi Phagwani announced the closure through his LinkedIn post. He highlighted the harsh realities of competing with giants like Zomato and Swiggy. Thrive was equipped with innovative approach and notable backing from […]

The Indian startups faced tough times in recent years, but now the ecosystem is showing signs of recovery. This year the startups have collectively raised $5.2 billion in mega funding rounds. It is a significant rebound from the funding slowdown in past two to three years. Well-known players like Zomato, Zepto and Physics Wallah have […]