Category: Startup
-
As investors raise the stakes in India’s startup scene, “Proficorn” is the buzzword
India, which is regarded as having the third-largest startup environment in the world after the US and China, has difficulties with profitability. Only 17 out of the 80 unicorns in India with publicly available data, according to a Tracxn analysis, are profitable. In 2021, a unicorn was born every week, and there was a financing…
-
WEMIX and Hub71 collaborate to expand the global blockchain startup community
WEMIX will be the newest member of Hub71+ Digital Assets’ network of top regional and international exchanges and service providers for digital assets. Photo Credits: Hub71 Partnership will utilize a worldwide network of startups and partners to deliver WEMIX’s blockchain expertise to the Hub71+ Digital Assets specialized ecosystem. • Hastens the process of starting businesses…
-
A crucial turning point in the development of startups globally was marked by the “Startup20-Embassies Meetup.”
Category StartupBuilding a robust global startup ecosystem is the goal of the delegates’ cumulative knowledge and their enthusiastic participation in debates on proposals and policy directions. Atal Innovation Mission, NITI Aayog conducted a “Startup20-Embassies Meetup” on the Policy Communiqué. This was organized by the Startup20 Engagement Group. A new age in the global startup ecosystem is…
-
Understanding the Importance of Cash Burn and Cash runway in Startup Survival
Category StartupIndia’s startup scene, which is dotted with landmarks, has grown significantly over the past forty years, allowing a number of new sectors and companies to flourish. India currently has the third-largest ecosystem in the world, with more than 77 000 startups, including more than 100 unicorns, calling it home. The rise of information technology and…
-
SeniorWorld: A Startup That Aids Senior Citizens in Global Travel
Founded to meet the general needs of seniors, SeniorWorld is a young firm that creates travel services specifically for the elderly. Their goal is to support elderly citizens in India in leading more rewarding lives that are active, independent, and engaged. SeniorWorld is one of the many firms that cater to seniors and are growing…
-
The government holds the first mining start-up conference in India in Mumbai
Top mining and metal businesses are looking for start-up solutions in the areas of waste management, water conservation, and hardware. The mines ministry organized India’s first start-up summit in Mumbai on May 29 in partnership with IIT Bombay in an effort to take use of the vast capabilities of the country’s startup ecosystem. In the…
-
Epson Stand, GITEX Africa: Providing creative startup-specific, economical, and ecological solutions
Epson is present at the official opening of GITEX Africa (www.GITEXAfrica.com), the eagerly anticipated technology event, with a selection of high-performance products created especially for startups and small businesses. These products provide them with dependability, mobility, and durability to help them increase productivity and competitiveness. The corporate environment has been rapidly changing recently as a…
-
IncNut Digital: Achieves Rs 200 Crore Revenue in FY22 Despite Growing Losses
Hyderabad-based startup IncNut Digital experienced significant growth in revenue, surpassing Rs 200 crore in FY22. However, the company also faced a substantial increase in losses. Learn more about IncNut’s performance, its distinct brands, and the challenges it encountered.
-
Corporate-Startup Connect Platform CII ICONN to Feature Startup Odisha
Startup Odisha has partnered with the Confederation of Indian Industry’s Center of Excellence for Innovation, Entrepreneurship & Startups (CII- CIES) in order to give startups in the state of Odisha access to a strong corporate network. As a result, Startup Odisha will be featured on the CII ICONN Platform, a groundbreaking, industry-led platform for the…
-
Why Mauritius is a great place to start a business
Due to the advantages it offers for business optimization and expansion, the island nation of Mauritius, which is located in the Indian Ocean, has grown in popularity as an offshore jurisdiction. This article explains why starting a business in Mauritius is a wise choice for start-ups. WHAT IS AN OFFSHORE COMPANY? An offshore corporation is…
-
For nascent businesses, unicorns serve as crucial crucibles
According to a survey by Accel and Dealroom, 46 of the 89 Israeli unicorns have already given birth to a new generation of 207 startups. Over the previous year, Israel’s unicorns may have lost some of their appeal and a significant portion of their true value. However, a recent study by the venture capital firm…
-
In a competitive market, startup alliances are more important
As companies search for low-cost ways to market and compete to stand out in congested fields like cybersecurity, channel friends become increasingly valuable. As early-stage businesses aim to reduce costs, boost sales, and capitalise on existing customer ties in industries like cybersecurity, the relationships between startups and channel partners have grown stronger. A channel partnership…
-
TCS to introduce the Jaguar Land Rover Open Innovation Programme in Israel to support startups
TCS will introduce the Jaguar Land Rover Open Innovation Programme in Israel to assist with startupAs part of JLR’s Reimagine strategy, the project will promote innovative, disruptive mobility technologies and develop partnerships between JLR and Israeli business organisations, start-ups, scale-ups, investors, and academic institutions. Jaguar Land Rover (JLR)’s Open Innovation programme was officially introduced by…
-
An alliance between Plug and Play and Equinor is announced with the goal of fostering sustainable innovation
In order to promote innovation throughout the Asia Pacific area, Plug and Play, a worldwide innovation platform with its headquarters in Silicon Valley, has announced its most recent cooperation with Equinor, a multinational energy corporation from Norway. Plug and Play will work with Equinor Ventures, the corporate venture capital arm of Equinor, to further business…
-
Due to skipping cash appraisals, Unacademy will shorten the ESOP vesting period by one year
Category StartupAs part of a long list of cost-cutting measures the edtech has implemented over the past 15 months to emphasise profitability in the face of a deepening financing crisis, Munjal, the CEO of Unacademy, had previously stated in February that the company will not be providing cash appraisals to staff for FY24 (2023–24). SoftBank-backed Unacademy…
-
Startup ‘Servicely’ that uses AI for task automation receives $3 million
In order to alter the way people work, the startup company Servicely, which creates enterprise software, has raised $3 million. Ben and Dion, the creators of Servicely, met while working for Keystone Management Solutions, a business services firm that introduced ServiceNow to the Australian market. Over the course of ten years, Keystone had successfully implemented…
-
Ten startup lessons from Judo Bank’s Co-Founders
Co-founders of Judo Bank Joseph Healy and David Hornery break down 10 lessons gained from founding a successful firm in an excerpt from their book Black Belt: A Masterclass for Start-ups and Entrepreneurs. The learning experience that comes with starting a new company is one of the things that is truly rewarding. Despite the fact…
-
Kuldeep Saxena, Founder of KulVeda, Revolutionizes Organic Ayurveda Medicines, Guaranteeing 100% Natural and Original Products
Revolutionize your health and wellness with KulVeda’s 100% natural and original organic Ayurveda medicines. Discover how Kuldeep Saxena, the founder, is transforming the industry with his commitment to purity and authenticity. Experience the benefits of holistic herbal remedies and embrace a healthier lifestyle.
-
IGNITE Pitch Competition: The River District Association provides $52k in startup cash
Category StartupVA DANVILLE (WSET) – Through its IGNITE Pitch Grants programme, the River District Association (RDA) has awarded three companies a total of $52K to help them launch or grow their brick-and-mortar operations in the River District. A multi-stage entrepreneurship project that includes the IGNITE Pitch Competition and RDA’s Dream Launch Programme. The Dream Launch Bootcamp,…
-
Startup deploys AI technology to fight palm weevil infestation
AMMAN — The terrible palm weevil infested the farm when Zeid Sinokrot and his family began a quest to grow date palms in Jericho, a Palestinian city in the West Bank, and they were met with an impossibly difficult challenge. Sinokrot, an industrial engineer, was able to gain firsthand knowledge of a severe problem that…
