Latest Startup News, Funding News, Tech News, Insights & Stories from Indian Startup Ecosystem
Key Points : These points summarize the current state, challenges, and future outlook of India’s manufacturing sector. Summary India’s manufacturing sector, despite experiencing a slowdown to a three-month low PMI of 55.4 in January 2023, continues to perform above its long-term average. Factors such as rising input costs and reduced foreign demand contributed to the…
Key Points : These points summarize Dubai’s achievements and strategic efforts in attracting FDI in the cultural and creative industries, highlighting its leadership, economic impact, and future ambitions. Global Leadership in FDI: Economic Growth and Targets: FDI Capital and Job Creation: Leadership and Infrastructure: Dubai Economic Agenda (D33): Strategic Engagement with Key Markets: Diverse FDI…
Key Points : These key points encapsulate the initiative’s significance, goals, outcomes, and future implications for both Dubai and Senegal. The Dubai International Chamber’s recent initiative to enhance economic ties between Dubai and Senegal marks a pivotal step towards fostering bilateral trade and collaboration. By organizing over 150 bilateral business meetings in Dakar, the Chamber…
Key Points Investment by Scaler: Scaler, a renowned education provider, is injecting Rs 50 crore into its newly established Scaler School of Business (SSB) to redefine business education in India. Focus on Infrastructure and Curriculum: The investment will be used to develop state-of-the-art infrastructure and enhance the curriculum, integrating real-world insights and industry best practices….
Daily Indian Startup News and Funding Alert – 29 July 2024 Funding News D2C haircare brand Moxie Beauty raises Rs 17.3 Cr Moxie Beauty, a D2C haircare brand based in Gurugram, has raised Rs 17.3 crore ($2.1 million) in funding led by Fireside Ventures. This round also saw participation from a group of angel investors,…
Key Points In a dramatic showdown highlighting the tensions between Big Tech and Indian tech entrepreneurs, Ola’s Founder and CEO, Bhavish Aggarwal, has found solidarity among Indian tech industry leaders after a heated confrontation with Microsoft-owned LinkedIn. Aggarwal took to social media to voice his frustration after LinkedIn reportedly deleted his posts and allegedly attempted…
Key Points In a significant development within the cybersecurity domain, Treacle, a burgeoning startup specializing in defensive security, has raised Rs 4 crore in a pre-seed funding round led by Inflection Point Ventures. The infusion of funds is poised to bolster Treacle’s technical and business growth, fuel marketing initiatives, cover office expenses, foster collaborations, and…
Summary Redefining Mentorship in Startups: Moving Beyond Traditional Wisdom The article delves into the concept of mentorship in the startup ecosystem, drawing parallels between traditional wisdom, termed as “gyan,” and the evolving needs of entrepreneurs. It discusses how many mentors adopt a conventional approach akin to sermonizing, imparting generic advice that lacks practical value and…
Summary Poshn, a burgeoning foodtech startup, has secured $4 million in a pre-Series A funding round, led by Prime Venture Partners and Zephyr Peacock India. This funding, including $2 million in debt, highlights investor confidence in Poshn’s potential. The company, founded in 2020 by Bhuvensh Gupta and Shashank Singh, leverages AI models to streamline wholesale…
Summary Ananya Birla, the eldest daughter of Kumar Mangalam Birla, announced via Instagram her decision to step away from the music industry to focus on her business ventures. This surprising move comes after her successful foray into music with hits like ‘Livin The Life’, where she became the first Indian artist to achieve platinum status…