PM Modi Tells How India Is Moving Towards Global Financial Leadership?
In his address to the second edition of the Infinity Forum, Prime Minister Narendra Modi shared insights into Bharat's economic resilience and outlined his ambitious vision for the Gujarat International Finance Tec-City (GIFT City). The forum, attended by esteemed leaders from financial institutions and organizations, unfolded as a platform for discussing crucial economic policies amid global uncertainties.
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Indian Biotech Rise To $300 Bn Future! What's Leading This Growth?
In a staggering display of growth, India's Bioeconomy has surged at a double-digit rate year-on-year for the past 9/10 years, catapulting from a modest $10 billion in 2014 to a projected $150 billion this fiscal year. Interestingly, the Indian bioeconomic trajectory is set to reach an ambitious $300 billion by 2030. These compelling figures were recently shared by Union Minister Dr. Jitendra Singh.
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Wrapping Up the Fintech Ball: Once Upon A Time There Was A ZestMoney!
Indian Buy Now Pay Later (BNPL) startup ZestMoney is shutting its shop culminating with the layoff of its remaining 130 employees. The move follows a failed attempt to revive the business under new management and persistent regulatory uncertainty. The shutdown announcement came during a town hall meeting on December 5, where the management conveyed the decision and outlined the company's closing procedures.
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Look! Who Is After Byju's This Time?
A two-member bench based in Bengaluru from the Insolvency tribunal NCLT has issued a notice to Think & Learn following a petition filed by the Board of Control for Cricket in India (BCCI), claiming dues of Rs 158 crores as an operational creditor. Byju's served as India's main sponsor from 2019 to 2023.
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How India Is Leading The Global Electric Vehicle Revolution?
Move over petrol, here comes the electric wave! Electric vehicles (EVs) are the talk of the town, changing how we zoom around. From cities to small towns, everyone's eyeing these battery-powered rides. With the whole world shouting 'go green,' EVs are not just cool; they're becoming the go-to ride for many. Indian EV market is not just growing drastically but is also making global marks.
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Google's Legal U-Turn: Delhi Court Drama Continues
Tech giant Google has chosen to withdraw its appeal against the order of a single judge of the Delhi High Court, paving the way for the Competition Commission of India (CCI) to proceed with the examination of applications lodged by Indian startups against Google's controversial user choice billing system.
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Which 8 Indian Unicorns Took a Hit from Investors in 2023? Check Here!
The Indian startup ecosystem has experienced an upward trajectory, maintaining its position as the third-largest startup economy globally while actively working towards further elevation. However, much like varying weather conditions, not every year unfolds favorably for the startup ecosystem.
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Tech Trends for 2024: How To Make Your Startup Smart In New Year?
In the dynamic landscape of the startup ecosystem, technology is not just advancing; it's creating a seismic shift, propelling us into an era of unprecedented innovation. As we navigate this digital revolution, it's crucial for professionals in the startup world to adapt, evolve, and embrace the emerging trends that define the industry. Let us tell you that it is important to walk hand-in-hand with the new technology to really get succeed.
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Challenging Times for Startups: A Year of Struggles and Closures
The year 2023 has proven to be a challenging period for startups, with a significant number grappling to secure funding, and an alarming 100 startups closing their doors. Startling data reveals that 19% of all startup funding rounds this year have secured capital at a lower valuation than initially anticipated by investors. This marks a stark increase from a mere 5% in 2021, as reported by equity management company Carta Inc.
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Innovate & Elevate: ONDC's 'Build for Bharat' Transforming E-commerce
Now over 200,000 individuals representing startups, companies and colleges will onboard The Open Network for Digital Commerce (ONDC) platform under the Build for Bharat initiative.
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