The Indian government is taking a strong stance against Google‘s recent removal of certain apps, including popular matrimonial services, from the Play Store. IT and Telecom Minister Ashwini Vaishnaw emphasized that India’s thriving startup ecosystem cannot be dictated to by “big tech” companies.Minister Vaishnaw has scheduled a meeting next week with representatives from both Google … Read more
No male co-founder, no funding. Female entrepreneurs have long complained about how hard it is to raise money, but things are finally looking up in India. Following the success of founders like Nykaa’s Falguni Nayar, Mamaearth’s Ghazal Alagh and Sugar’s Vineeta Singh who went on to take their startups to unicorn status, more women, both … Read more
BENGALURU: The funding winter in India’s startup ecosystem persists. Startups in India have raised $6.9 billion across 1,013 venture capital (VC) funding deals during January-November 2023. This is a 65.8% drop in terms of value when compared to the $20.2 billion it raised during the year-ago period, a report by data and analytics company GlobalData … Read more
India’s startup ecosystem is experiencing a golden age, with the potential to birth 10,000 unicorns in the coming years. This exciting prospect was recently highlighted by Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT, Shri Rajeev Chandrasekhar, during the “Startup Conclave 2023” held in Gandhinagar.A Transformation Driven by Young IndiansChandrasekhar … Read more
HYDERABAD: Telangana government led incubator T-Hub on Thursday rolled out two flagship initiatives — T-Bridge and T-Scale — to commemorate its eighth foundation day.While T-Bridge will facilitate global market access for Indian startups, T-Scale will prepare startups for Series-A readiness.As part of T-Scale, which it has rolled out in collaboration with Factoryal, T-Hub has introduced … Read more