Startups
Gujarat’s Startup Industry Ranks 2nd in Generating Employment
Gujarat’s thriving entrepreneurial spirit and rapidly growing startup ecosystem have positioned the state as a significant contributor to job creation. In 2023 alone, startups in Gujarat employed 48,138 individuals, marking the state’s second-highest job creation in the country, trailing only Maharashtra, where startups generated 64,974 jobs during the same period. The Department of Promotion for […]
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“Government’s Examination of Chinese Investments in Paytm: 5 Key Developments Unfold
The Indian government is currently scrutinizing the foreign direct investment (FDI) from China in Paytm Payments Services Ltd (PPSL), the payment aggregator subsidiary of One97 Communications Ltd. PPSL had initially applied for a license with the Reserve Bank of India (RBI) in November 2020, but the application was rejected in November 2022. The RBI requested […]
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Are You Ready for the Ultimate Startup Mahakumbh from March 18-20?
India is set to organize a three day “Startup Mahakumbh”. India, often touted as the world’s third-largest startup ecosystem, continues to be a hotbed of innovation and entrepreneurial spirit. In a significant move, the Ministry of Commerce, in collaboration with various ministries and industry bodies, recently organized the Bharat Mobility Global Expo, a 3-day auto […]
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Breaking Taboos and Empowering Youth: Dr. Nive Manokaran’s Journey to Sexual Health Awareness
Making a Difference: Dr. Nive Manokaran In today’s society, where issues like domestic violence, abuse, dysfunctional marriages, sexual health, and pleasure-related questions continue to challenge young Indians living in immigrant countries, Dr. Niveditha Manokaran is making a significant impact by helping them unlearn and relearn. Dr. Manokaran, an Indian-origin dermatologist and venereologist based in Sydney, […]
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Brown Sugar: Redefining Fashion with Style and Comfort for Women Worldwide
Brown Sugar: Redefining Fashion with Style and Comfort for Women Worldwide Brown Sugar: Revolutionizing Women’s Fashion with Style and Comfort In the world of fashion, two remarkable women, Vinti Vohra and Himani Ghind, have taken the industry by storm with their brand, Brown Sugar. Their entrepreneurial journey began with a shared passion for fashion and […]
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Elon Musk Unveils xAI: Revolutionizing ChatGPT with a New AI Company
Elon Musk Announces New Company xAI as He Seeks to Build ChatGPT Alternative Elon Musk, the renowned entrepreneur and innovator, has revealed his plans to develop an alternative to the widely popular ChatGPT artificial intelligence chatbot. Musk’s new venture, named xAI, aims to unravel the mysteries of the universe through advanced artificial intelligence research and […]
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The Power of Work Breaks: Boosting Well-Being and Performance in the Workplace
In our fast-paced and demanding work culture, many individuals believe that being productive means constantly pushing through tasks without taking breaks. However, research suggests that taking periodic work breaks throughout the day can significantly enhance both well-being and performance. By understanding the best practices for effective break-taking, individuals and organizations can optimize their work routines […]
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Indian Startup Funding Witnesses 72% Decline in H1 2023: A Challenging Period for the Startup Ecosystem
Indian Startup Funding Witnesses Significant Decline of 72% in H1 2023: Report Indian startups have experienced a substantial decline of 72% in funding during the first half of 2023 compared to the same period last year, as stated in the ‘Tracxn Geo Semi-Annual Report: India Tech – H1 2023’. The total startup funding in the […]
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What is Threads? How to use the Threads- Is this the end of Twitter.
The Rise of Threads: Could This Facebook-Powered App Challenge Twitter? Threads, the new app from Meta, the parent company of Facebook, Instagram, and WhatsApp, has officially entered the scene as a potential competitor to Twitter. In just three months since Meta confirmed its plans for the app, Threads has garnered an impressive 30 million sign-ups, […]
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Ola Introduces Prime Plus: Unveiling the Best Drivers, Top Cars, and Hassle-Free Experience
Introduction In an exciting announcement, Ola’s co-founder and CEO, Bhavish Aggarwal, recently introduced a new service called ‘Prime Plus.’ With a focus on providing exceptional drivers, premium cars, and a seamless experience, Ola aims to revolutionize the transportation industry once again. In a Twitter post, Bhavish Aggarwal highlighted the key features of Prime Plus and […]
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In discussions with five Indian businesses, SoftBank may invest up to $100 million in each.
As IPOs are delayed, SoftBank is looking into opportunities to invest in businesses where current investors wish to sell holdings through secondary sales. With five Indian firms valued between $400 and $500 million, Japanese tech investor SoftBank has begun discussions with them about providing funding, supporting them in their next stage of growth, and assisting […]
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10 Essential Tips for a Successful Startup Journey
Welcome to NewsNowNation.com, your go-to source for the latest news and insights on startups and entrepreneurship. Today, we are excited to share with you 10 tips for a successful startup journey, as shared by our editor. 1. Start with a clear vision: Before you take the plunge into entrepreneurship, it’s important to have a clear […]
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Creative Idea? This Nagpur-Based Startup Incentivizes Drivers To Obey Traffic Regulations
Nagpur Startup Incentivizes Drivers To Obey Traffic Regulations This new company, however, is attempting to complement this system of sanctions by adding prizes for motorists who go out of their way to obey the law. A pilot was started on West High Court Road in Nagpur in collaboration with the Ministry of Road Transport and […]
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As Elon Musk’s first deal, Twitter acquired the hiring firm Laskie.
First known acquisition made by the business under Musk’s direction is this. According to Axios, Twitter has reportedly acquired the job-matching tech startup Laskie in what will be the first deal of the Elon Musk era. The buy promotes the aim of the billionaire to turn Twitter into a “super-app” with a range of functions, […]
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WEALTHTRUST CAPITAL SERVICES GRANTS $244K TO EV START-UP ASHNNI MOTORS.
The money will be used by Ashnni Motors to construct the first batch of first-generation cars as well as Li-ion battery packs internally. Ashnni Motors, an electric vehicle startup with headquarters in Pune, has raised $244,000 (about Rs 2 crore) from WealthTrust Capital Services. Some of the WealthTrust lead investors who took part in this […]
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Abhishek Ganguly, the CEO and CFO of Puma India, has resigned and will launch his own business.
Abhishek Ganguly, the managing director of Puma India, Amit Prabhu, the company’s chief financial officer, and Atul Bajaj, the head of sales and operations, have all left the sportswear giant to launch their own athleisure brands. According to two sources with knowledge of the situation, Karthik Balagopalan, who has worked with Puma India and is […]
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Zerodha CEO’s Best Example of Leading a Good Life
The CEO of Zerodha shares how his father-in-law’s small grocery shop embodies the principles of a fulfilling life. Learn from this inspiring story. Nithin Kamath, a co-founder of Zerodha, shared a life lesson he learned from his father-in-law Shivaji Patil, a grocery store owner, on LinkedIn on Monday. The 70-year-old shared a photo with the […]
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PharmEasy, an Indian healthcare business, struggles to raise money and fires staff.
Since its founding in 2014, PharmEasy has raised approximately $1.12 billion across 16 investment rounds. Temasek, B Capital, Prosus, Steadview Capital, and Nandan Nilekani’s Fundamentum Partnership are just a few of the investors in it. Due to challenges in generating money in the midst of a slowdown, PharmEasy, an Indian platform for pharmaceutical and medical […]
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Raveendran CEO of BYJU is being investigated by ED, who claims he never showed up for questioning.
In connection with an investigation into possible foreign currency violations, the Enforcement Directorate announced on Saturday that it had raided the Bengaluru-based office and residence of CEO of Edtech firm BYJU, Raveendran Bjyu, and confiscated “incriminating” documents and digital material. According to the Foreign Exchange Management Act (FEMA), three different locations—two commercial and one residential—were […]
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STARTUP OF EMBEDDED LENDING $11 million was raised by NIRO in Series A funding.
Niro will use the money raised to improve and broaden its product offerings to users of top internet platforms as well as to new customer groups. Niro, a fintech startup with headquarters in Bengaluru, has concluded its Series A round, which totaled Rs 90 crore ($11 million), using a combination of stock ($8.5 million) and […]
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Anupam Mittal of Shark Tank India criticises Google and denounces the “illegal” billing system
In a tweet, Mr. Mittal expressed his concern that Google was operating in violation of Indian law and expressed his hope that the Prime Minister’s office was paying attention. Anupam Mittal, a judge on Shark Tank India and the creator of Shaadi.com, has criticised Google, a subsidiary of Alphabet, for using an illegitimate choice billing […]
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On the PSLV, a Hyderabad startup will test satellite deployers and radio frequency components.
The Indian Space Research Organisation’s (ISRO) PSLV-C55 launch is scheduled to carry out the forthcoming missions, according to Hyderabad-based full-stack space engineering solutions supplier Dhruva Space. The mission will launch from the First Launch Pad at the Satish Dhawan Space Centre in Sriharikota at 02:19 IST on April 22, 2023. With its third space flight […]
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To save costs, BNPL Soonicorn Simpl fires personnel
Summary: Simpl, a fintech unicorn, has joined the growing list of Indian firms that have decided to lay off employees in an effort to ensure their long-term survival. Approximately 6,500 people have been let go by 43 firms thus far in 2023, or about 60 employees every day. Nitya Sharma, co-founder and CEO of Simpl, […]
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Data breach at furniture rental business Rentomojo
The business said that it is considering all available alternatives, including legal avenues, to lessen the impact of the incident. Rentomojo, a marketplace for rental furniture and motorcycles, announced a data breach on April 20 that most likely exposed the private data of over a lakh clients. Geetansh Bamania, CEO and co-founder of the Bengaluru-based […]
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The 10 Most Active Investors Who Supported Indian Startups In Q1 2023 are listed below.
According to Inc42’s ‘Indian Tech Startup investment Report Q1 2023’, the first quarter (Q1) of 2023 appears to have further squeezed cash-strapped Indian companies, with startup investment falling 75% year-over-year (YoY) across segments to $3 Bn as opposed to $12 Bn in Q1 2022. Mega deals decreased 77% to just seven deals compared to 30 […]
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