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This article has been contributed by Mr. Amit Bansal, CEO, Solv. For the last decade, India has shown proven to have great potential as the global startup hub with emerging entrepreneurs across the country. Though the metropolitan cities of Delhi, Mumbai, and Bangalore remain to be the startup hubs, the
According to various media reports, BlackRock Inc., the largest asset manager in the world, is in talks to establish a private credit venture with billionaire Mukesh Ambani's Jio Financial Services Ltd., with the goal of taking advantage of the growing direct lending opportunities in India. This 50-50 joint
Elon Musk applauded the Indian government's choice to utilise an administrative process instead of an auction to distribute satellite broadband spectrum. Starlink, Musk's satellite internet startup, is expected to benefit from this action as it eliminates the need for competitive bidding to obtain spectrum in the
Aditya Birla Digital Fashion Ventures Ltd., often known as ABDFVL, contributed an additional INR 75 crore to Wrogn, the apparel and footwear company supported by cricket player Virat Kohli. As per an exchange filing on 16 September 2024, ABDFVL's stake in Wrogn will rise from 17.1% to
After a significant fire occurred at one of Tata Electronics' manufacturing facilities last month, the Tamil Nadu government served the company with a show-cause notice. According to a report by a well-known media outlet, the notification was delivered by the Directorate of Industrial Health and Safety, asking for an
Over-the-top (OTT) communication services like WhatsApp, Telegram, and Signal are subject to structured control, according to India's telecom regulator. Law enforcement organisations and telecom providers expressed worries about security and spam control, which prompted this call. Speaking on the second day of the India Mobile Congress 2024, Anil
According to reports, Aakash Digital Classroom Program (AD-CRP), a digital classroom initiative, has been discontinued by Aakash Educational Services Limited (AESL). This occurs in the middle of the company's recent layoffs. The AD-CRP team, which was formerly a part of Byju's—which acquired Aakash in April
The Securities and Exchange Board of India (SEBI) has approved IndiGo Ventures, the corporate venture capital fund of India's largest domestic airline, as an alternative investment vehicle. The announcement was made on October 15. The fund will seek pre-Series A, Series A, and Series B capital and invest
On October 15, Jyotiraditya Scindia, Minister of Communications of India, made clear the government's position on the satellite spectrum issue. According to him, spectrum would be distributed administratively rather than through auction, and service providers would be responsible for a fee. In response to a query at a
According to a media report, managing director and cofounder of the edtech unicorn Upgrad, Mayank Kumar, has left his position as an executive to launch a new business. Last month, he began reducing his operational responsibilities at the Mumbai-based company. This step was taken to raise funds for his new
Listed PB Fintech subsidiary Paisabazaar, a digital credit marketplace, replicates sister company Policybazaar by creating a physical distribution channel of its own. In India, Paisabazaar is among the biggest platforms for credit transactions. Through online channels, it gives customers access to credit cards, unsecured personal loans, and other comparable products
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This article has been contributed by Prakhar Gupta, Lead of ESG Initiatives at InCorp. The shift towards sustainability as a concept has gradually evolved past corporate duty; it is turning into an essential requirement for businesses, particularly startups looking to make their mark in the global corporate landscape. Today’s