Startups in India eagerly anticipate the new government’s policies that will address their unique requirements for growth and success. Industry leaders anticipate significant shifts in the insurance sector, with a focus on financial inclusion, customer protection, and digital enterprise. Additionally, startups expect the government to prioritize ease of doing business, digitization, and support for research and development, infrastructure development, and financial assistance. The business community looks forward to policy continuity and initiatives that leverage India’s strengths in demographics, digitalization, and AI to drive economic growth.
Results for: Startups
Kabeer Biswas, the founder of Dunzo, a startup valued at Rs 6400 crore, is navigating a challenging period as the company faces financial difficulties. Despite the support of Mukesh Ambani, India’s richest man, Dunzo has repeatedly delayed employee salaries and reported a significant loss in FY23. The company’s co-founders and finance director have also exited recently, adding to the challenges faced by Biswas.
The Ministry of Textiles plans to provide grants of up to Rs. 50 lakh to 150 startups focused on producing technical textiles like Kevlar and Spandex. This initiative aims to promote technical textile innovation while supporting startups in the sector. The funding forms part of the National Technical Textiles Mission’s (NTTM) Rs. 375 crore allocation for FY25.
VivaTech 2024 solidified its global innovation status by achieving record-breaking attendance, startup representation, and business connections. Mark your calendars for June 11-14, 2025, as VivaTech 2025 aims to continue this momentum at Paris Porte de Versailles.
Zerodha co-founder Nikhil Kamath has declared Bengaluru his favorite city, despite its challenges. He praised the people of Bengaluru for their love for the city and their welcoming nature. Kamath believes Bengaluru offers immense talent for startups, making it an ideal location to build businesses. He also mentioned meeting prominent business leaders like Kiran Mazumdar-Shaw in Bengaluru.
Tesla shareholders are once again being asked to approve Elon Musk’s extraordinary compensation package, worth roughly $47 billion. This request comes at a time when the company’s share price has been down significantly, profits have declined, and Tesla has announced layoffs. As Tesla becomes a large, multinational corporation, the debate over Musk’s pay raises fundamental questions about the nature of startups and the role of a single individual in leading a company of this magnitude.
Childhood sweethearts Dibyendu Mukhopadhyaya and Madhumita Mukhopadhyaya have navigated the complexities of corporate life while preserving their enduring bond. Dibyendu is a corporate hotshot, while Madhumita is a successful entrepreneur in the startup ecosystem. Their educational qualifications and remarkable achievements serve as a testament to their determination and resilience.
In the latest episode of Inside Israeli Innovation, we dive into the groundbreaking technologies and innovative startups from Israel. Join Maayan Hoffman as she unravels the latest tech trends, interviews industry leaders, and showcases Israeli tech’s impact on various sectors.
TechCrunch Early Stage 2024 is set to take place in Boston, bringing together over 1,000 attendees for an engaging day of discussions, networking, and insights into the early-stage startup ecosystem. The event offers a unique Braindate networking platform, allowing participants to connect seamlessly through 1-to-1 and small-group interactions. Last-minute registration is available, but prices will increase at the door. Secure your spot today and join us for an unforgettable journey into the world of startups and innovation.
Flipkart Leap Ahead (FLA) is a program that provides equity investments of USD 200,000 to USD 500,000 to early-stage startups leveraging GenAI in their core solutions. Applications for the third cohort are open from April 22 to May 26, and selected startups will receive two-month mentorship from industry veterans.