Budget 2023: Hits and misses for startups
Adding to the growth of the fintech space, the budget has proposed to expand the scope of documents available in DigiLocker for individuals.
startup ecosystem
February 2023
January 2023
November 2022
August 2022
June 2022
May 2022
April 2022
February 2022
Budget 2023 bats for digital India, new age skills, AI power
The government has proposed to set up three centres of excellence for artificial intelligence (AI) in top educational institutions to enable 'make AI in India and make AI work for India.'
Commerce Minister bats for international network of mentors for startup ecosystem
He noted that the Startup20 Group had been established under India's G20 Presidency for the first time, as part of India's special focus on innovation.
India’s economic fortunes critical to the world: KM Birla
With India opening up trade and investment, forming new alliances and reaffirming old ones, Birla believes that the country will have a unique place in the global economy.
Amid edtech layoffs, upGrad to hire 1,400 employees
The development comes days after upGrad reported that its losses have widened threefold to ₹626.6 crore in the financial year ended March 2022, as against ₹211.1 crore in the same period last year.
The Rise of India’s Emerging Companies
Fortune India’s Next 500 event brought together companies which have shown growth in difficult times.
An arbitrage at play, public markets are cheaper than private markets today
Nikhil Kamath, co-founder at Zerodha and True Beacon, says that the startup funding ecosystem is going to be difficult, at least for the next couple of years.
Layoffs grip startups as funding dries up
We’re seeing a tempering of valuations across the board - as much as 30% compared with last year in some cases, says Vani Kola, managing director at Kalaari Capital.
Funding rounds which took months close in 1-2 weeks now: Locus’ Rastogi
Today, somewhere on the lower end also, like a seed round could be a million dollars, says Locus' Nishith Rastogi.
Budget 2022: Startups, digital ecosystem gets a boost
Centre to promote thematic funds with blended finance for sunrise sectors with its share limited to 20%; these funds will be managed by private fund managers.
