Delhi government has lately launched Business Blasters programme for universities and ITIs to strengthen entrepreneurship among young students. The idea is to create job-ready graduates and also to nurture job creators to drive economic growth. Chief Minister Atishi spoke about the transformative vision behind the initiative at the launching event. She said that Ambedkar University, […]

SolarSquare, India’s leading home solar startup based in Mumbai, has raised $40 million in its Series B funding round, marking the largest venture capital raise in the Indian solar sector. The round was led by Lightspeed with participation from Lightrock. Existing investors Elevation Capital, Chris Sacca’s Lowercarbon, Nithin Kamath’s Rainmatter, and Gruhas Proptech also invested […]

Competition Commission of India (CCI) Chairperson Ravneet Kaur lately emphasized the commitment of government in strengthening India’s vibrant startup ecosystem amid formulating ex-ante regulations for digital markets. He was speaking at the CII Global Economic Policy Forum and said that India needs a regulatory framework to promote innovation. The draft Digital Competition Bill proposes ex-ante […]

Indian startup ecosystem has witnessed a fascinating evolution in recent years. Celebrities from Bollywood and cricket have intersected with the grit of entrepreneurship. Celebrities earlier used to believe in brand endorsements. However, they are now diving into the world of startups. They are combining their influence and resources to shape a vibrant entrepreneurial landscape. The […]

Navanc, a pioneering FinTech startup building India’s first AI-powered property score and stack for secured lending and insurance practices, has successfully raised $1M in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors. The funds will be directed […]

Popular at-home beauty services startup YesMadam lately found itself at the center of a social media storm after a viral email claimed that employees were fired after a survey for being stressed at workplace. It sparked outrage and disbelief that people were fired for honestly saying they are stressed working in the company. The startup […]

The Indian startup story has been a beacon of hope and innovation for the country’s economy. But a recent data reveals that not everything is as rosy as it seems. More than 5,000 startups registered under the Startup India program have shut down. It means about 3.3% of the total startups recognized by the Department […]

The growing obsession of Venture capitalists with total addressable market (TAM) is doing more harm than good to the startup ecosystem, said Anand Deshpande, founder and chairman of Persistent Systems. He was speaking at the TiE Global Summit 2024 in Bengaluru and highlighted the way such fixation is steering startups in the wrong direction. Deshpande […]

The Indian startup ecosystem is on a remarkable journey and it is projected to contribute $1 trillion to the economy by 2030. A recent KPMG report highlights the significant role being played by startups and the sector contributed up to 15 percent of the country’s GDP growth between FY16 and FY23. Their impact reached $140 […]

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