Big news for Indian startups!
Budget 2024 scrapped the angel tax for all investors, creating the ultimate playground for innovation and entrepreneurship in India.
Happy Friday! The weekend is almost here but the news never stops! ๐ช๐ผ
Here we go:
๐. ๐๐ข๐จ, ๐๐ข๐ซ๐ญ๐๐ฅ ๐ฅ๐๐ฎ๐ง๐๐ก๐ข๐ง๐ ๐ญ๐ก๐๐ข๐ซ ๐จ๐ฐ๐ง ๐ฌ๐๐ญ๐๐ฅ๐ฅ๐ข๐ญ๐๐ฌ ๐ข๐ง๐ญ๐จ ๐ฌ๐ฉ๐๐๐ ๐ฐ๏ธ
In a move that's set to shake up India's telecom landscape, Reliance's Jio Platforms has secured the green light to launch its own satellites. This cosmic clearance paves the way for Jio's joint venture with Luxembourg's SES to beam high-speed internet from the heavens.
But Jio isn't the only one with its eyes on the skies. Bharti Airtel, through its partnership with OneWeb, is also gearing up to enter the satellite broadband race. And with global tech titans like Amazon and Elon Musk's Starlink also eyeing the Indian market, the stage is set for a celestial showdown.
The Stakes:
For Jio, this regulatory nod is a major boost. With SES by its side, the company is well-positioned to tap into the projected growth and potentially dominate the market. But with Airtel and the global tech giants also in the mix, Jio will have to navigate a complex cosmic landscape to come out on top.
๐ ๐๐ค๐ง ๐๐๐ค๐ช๐๐๐ฉ: ๐๐๐ ๐ง๐๐๐ช๐ก๐๐ฉ๐ค๐ง๐ฎ ๐๐ฅ๐ฅ๐ง๐ค๐ซ๐๐ก ๐๐ค๐ง ๐ ๐๐ค'๐จ ๐จ๐๐ฉ๐๐ก๐ก๐๐ฉ๐ ๐ซ๐๐ฃ๐ฉ๐ช๐ง๐, ๐๐ก๐ค๐ฃ๐๐จ๐๐๐ ๐ฉ๐๐ ๐๐ฃ๐ฉ๐ง๐ฎ ๐ค๐ ๐ผ๐๐ง๐ฉ๐๐ก ๐๐ฃ๐ ๐๐ก๐ค๐๐๐ก ๐ฉ๐๐๐ ๐๐๐๐ฃ๐ฉ๐จ, ๐๐ค๐ช๐ก๐ ๐๐ ๐ ๐๐๐ข๐-๐๐๐๐ฃ๐๐๐ง ๐๐ค๐ง ๐๐ฃ๐๐๐'๐จ ๐ฉ๐๐ก๐๐๐ค๐ข ๐จ๐๐๐ฉ๐ค๐ง. ๐๐๐ฉ๐ ๐ฉ๐๐ ๐จ๐๐ฉ๐๐ก๐ก๐๐ฉ๐ ๐๐ง๐ค๐๐๐๐๐ฃ๐ ๐ข๐๐ง๐ ๐๐ฉ ๐๐ญ๐ฅ๐๐๐ฉ๐๐ ๐ฉ๐ค ๐ง๐๐๐๐ $1.9 ๐๐๐ก๐ก๐๐ค๐ฃ ๐๐ฎ 2030, ๐ฉ๐๐๐จ ๐๐ฃ๐๐ง๐๐๐จ๐๐ ๐๐ค๐ข๐ฅ๐๐ฉ๐๐ฉ๐๐ค๐ฃ ๐ข๐๐ฎ ๐๐ง๐๐ซ๐ ๐๐ฃ๐ฃ๐ค๐ซ๐๐ฉ๐๐ค๐ฃ ๐๐ฃ๐ ๐๐ข๐ฅ๐ง๐ค๐ซ๐ ๐๐ค๐ฃ๐ฃ๐๐๐ฉ๐๐ซ๐๐ฉ๐ฎ ๐๐ค๐ง ๐ช๐ฃ๐๐๐ง๐จ๐๐ง๐ซ๐๐ ๐ง๐๐๐๐ค๐ฃ๐จ. ๐๐ค๐ง๐๐ค๐ซ๐๐ง, ๐ฉ๐๐ ๐๐ค๐ซ๐๐ง๐ฃ๐ข๐๐ฃ๐ฉ'๐จ ๐ฅ๐ช๐จ๐ ๐ฉ๐ค ๐๐ฉ๐ฉ๐ง๐๐๐ฉ ๐๐ค๐ง๐๐๐๐ฃ ๐๐ฃ๐ซ๐๐จ๐ฉ๐ข๐๐ฃ๐ฉ ๐๐ฃ ๐ฉ๐๐ ๐จ๐ฅ๐๐๐ ๐๐ฃ๐๐ช๐จ๐ฉ๐ง๐ฎ ๐๐๐๐จ ๐ ๐๐๐ค๐ฅ๐ค๐ก๐๐ฉ๐๐๐๐ก ๐๐๐ข๐๐ฃ๐จ๐๐ค๐ฃ ๐ฉ๐ค ๐ฉ๐๐๐จ ๐ง๐๐๐. ๐ผ๐จ ๐ฉ๐๐๐จ๐ ๐ฅ๐ก๐๐ฎ๐๐ง๐จ ๐๐๐ฉ๐ฉ๐ก๐ ๐๐ค๐ง ๐ข๐๐ง๐ ๐๐ฉ ๐จ๐๐๐ง๐, ๐ฉ๐๐ ๐ช๐ก๐ฉ๐๐ข๐๐ฉ๐ ๐ฌ๐๐ฃ๐ฃ๐๐ง๐จ ๐๐ค๐ช๐ก๐ ๐๐ ๐ฉ๐๐ ๐๐ค๐ฃ๐จ๐ช๐ข๐๐ง๐จ ๐ฌ๐๐ค ๐จ๐ฉ๐๐ฃ๐ ๐ฉ๐ค ๐๐๐ฃ๐๐๐๐ฉ ๐๐ง๐ค๐ข ๐๐๐ฉ๐ฉ๐๐ง ๐จ๐๐ง๐ซ๐๐๐๐จ ๐๐ฃ๐ ๐๐ค๐ข๐ฅ๐๐ฉ๐๐ฉ๐๐ซ๐ ๐ฅ๐ง๐๐๐๐จ. ๐ฐ๏ธ๐ก
Source: Reuters - https://tinyurl.com/34xt8h5s
๐. ๐๐๐๐ ๐๐๐๐ ๐ ๐ข๐๐ฌ๐๐จ: ๐๐ฅ๐๐ค๐ก ๐๐๐ง๐๐๐ฒ ๐ฏ/๐ฌ ๐๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ ๐๐ง๐๐ฒ
The National Eligibility-cum-Entrance Test (NEET) UG 2024 exam has been marred by controversy, with allegations of paper leaks, misconduct, and unfair means. Here's a concise overview of the key issues and developments:
Key Issues
NTA's Response
Alakh Pandey's Efforts
In the latest development signalling a win for Alakh Pandey, NTA cancelled the grace marks awarded to 1,563 candidates and re-test has been offered.
๐ ๐๐ค๐ง ๐๐๐ค๐ช๐๐๐ฉ: ๐๐๐ ๐๐๐๐ 2024 ๐๐ค๐ฃ๐ฉ๐ง๐ค๐ซ๐๐ง๐จ๐ฎ ๐๐ฃ๐ ๐ผ๐ก๐๐ ๐ ๐๐๐ฃ๐๐๐ฎ'๐จ ๐ก๐๐๐๐ก ๐๐๐๐ก๐ก๐๐ฃ๐๐ ๐ช๐ฃ๐๐๐ง๐จ๐๐ค๐ง๐ ๐ฉ๐๐ ๐๐ง๐ค๐ฌ๐๐ฃ๐ ๐๐ฃ๐๐ก๐ช๐๐ฃ๐๐ ๐ค๐ ๐๐ฃ๐๐๐'๐จ ๐๐๐ฉ๐๐๐ ๐จ๐ฉ๐๐ง๐ฉ๐ช๐ฅ๐จ ๐๐ฃ ๐๐ค๐ก๐๐๐ฃ๐ ๐๐๐ช๐๐๐ฉ๐๐ค๐ฃ๐๐ก ๐๐ฃ๐จ๐ฉ๐๐ฉ๐ช๐ฉ๐๐ค๐ฃ๐จ ๐๐๐๐ค๐ช๐ฃ๐ฉ๐๐๐ก๐. ๐ผ๐จ ๐ฉ๐๐๐จ๐ ๐ฅ๐ก๐๐ฉ๐๐ค๐ง๐ข๐จ ๐๐๐๐ค๐ข๐ ๐๐ฃ๐๐ง๐๐๐จ๐๐ฃ๐๐ก๐ฎ ๐๐ฃ๐ฉ๐๐๐ง๐๐ก ๐ฉ๐ค ๐จ๐ฉ๐ช๐๐๐ฃ๐ฉ๐จ' ๐ก๐๐๐ง๐ฃ๐๐ฃ๐ ๐๐ค๐ช๐ง๐ฃ๐๐ฎ๐จ, ๐ฉ๐๐๐ฎ ๐๐ง๐ ๐๐ก๐จ๐ค ๐๐ข๐๐ง๐๐๐ฃ๐ ๐๐จ ๐ฅ๐ค๐ฌ๐๐ง๐๐ช๐ก ๐๐๐ซ๐ค๐๐๐ฉ๐๐จ ๐๐ค๐ง ๐ฉ๐ง๐๐ฃ๐จ๐ฅ๐๐ง๐๐ฃ๐๐ฎ ๐๐ฃ๐ ๐๐๐๐ง๐ฃ๐๐จ๐จ. ๐๐๐ฃ๐๐๐ฎ'๐จ ๐๐๐๐ค๐ง๐ฉ๐จ ๐๐๐ข๐ค๐ฃ๐จ๐ฉ๐ง๐๐ฉ๐ ๐๐ค๐ฌ ๐จ๐ฉ๐๐ง๐ฉ๐ช๐ฅ๐จ ๐๐๐ฃ ๐ก๐๐ซ๐๐ง๐๐๐ ๐ฉ๐๐๐๐ง ๐ง๐๐๐๐ ๐๐ฃ๐ ๐ง๐๐จ๐ค๐ช๐ง๐๐๐จ ๐ฉ๐ค ๐๐ง๐๐ซ๐ ๐จ๐ฎ๐จ๐ฉ๐๐ข๐๐ ๐๐๐๐ฃ๐๐, ๐๐ซ๐๐ฃ ๐๐ฃ ๐ฉ๐๐ ๐๐๐๐ ๐ค๐ ๐๐ฃ๐ฉ๐ง๐๐ฃ๐๐๐๐ ๐๐ช๐ง๐๐๐ช๐๐ง๐๐๐ฎ. ๐๐๐๐จ ๐๐๐จ๐ ๐๐ค๐ช๐ก๐ ๐จ๐๐ฉ ๐ ๐ฅ๐ง๐๐๐๐๐๐ฃ๐ฉ ๐๐ค๐ง ๐๐ค๐ฌ ๐๐ฃ๐๐๐'๐จ ๐จ๐ฉ๐๐ง๐ฉ๐ช๐ฅ ๐๐๐ค๐จ๐ฎ๐จ๐ฉ๐๐ข ๐๐๐ฃ ๐จ๐๐๐ฅ๐ ๐ฉ๐๐ ๐๐ช๐ฉ๐ช๐ง๐ ๐ค๐ ๐๐๐ช๐๐๐ฉ๐๐ค๐ฃ, ๐ฃ๐ค๐ฉ ๐๐ช๐จ๐ฉ ๐ฉ๐๐ง๐ค๐ช๐๐ ๐๐ฃ๐ฃ๐ค๐ซ๐๐ฉ๐๐ค๐ฃ, ๐๐ช๐ฉ ๐๐ก๐จ๐ค ๐ฉ๐๐ง๐ค๐ช๐๐ ๐๐๐ฉ๐๐ซ๐๐จ๐ข. ๐ข๐
Source: Business Standard - https://tinyurl.com/bddx8hvm
๐. ๐๐ญ๐ก๐๐ซ๐๐๐ฅ ๐๐๐๐ก๐ข๐ง๐๐ฌ ๐ซ๐๐ข๐ฌ๐๐ฌ $๐๐๐ ๐ข๐ง ๐๐๐ซ๐ข๐๐ฌ ๐ ๐๐ฎ๐ง๐๐ข๐ง๐ ๐๐ซ๐จ๐ฆ ๐๐๐๐ค ๐๐, ๐๐ญ๐๐๐๐ฏ๐ข๐๐ฐ ๐๐๐ฉ๐ข๐ญ๐๐ฅ
Ethereal Machines manufactures advanced multi-axis computer numerical control (CNC) machines, which are used to produce precision engineering components in a fast and cost-effective manner. CNC technology allows for the automated control of machine tools like mills, lathes, and grinders using computer programming. This enables the creation of highly complex parts with sub-10 micron accuracy, which is critical for industries like aerospace, healthcare, and consumer electronics.
Ethereal Machines' focus on developing India's domestic CNC capabilities is significant, as it aims to reduce the country's reliance on imported precision manufacturing equipment. By building advanced "Smart Factory" facilities, the startup is positioning itself to be a key driver of India's push for greater self-reliance and global competitiveness in the manufacturing sector.
๐ ๐๐ค๐ง ๐๐๐ค๐ช๐๐๐ฉ: ๐๐ฉ๐๐๐ง๐๐๐ก ๐๐๐๐๐๐ฃ๐๐จ' $13๐ ๐๐๐ง๐๐๐จ ๐ผ ๐๐ช๐ฃ๐๐๐ฃ๐ ๐๐จ ๐ ๐ฉ๐๐จ๐ฉ๐๐ข๐๐ฃ๐ฉ ๐ฉ๐ค ๐๐ฃ๐๐๐'๐จ ๐๐ง๐ค๐ฌ๐๐ฃ๐ ๐ฅ๐ง๐ค๐ฌ๐๐จ๐จ ๐๐ฃ ๐๐๐ซ๐๐ฃ๐๐๐ ๐๐๐ง๐๐ฌ๐๐ง๐ ๐ข๐๐ฃ๐ช๐๐๐๐ฉ๐ช๐ง๐๐ฃ๐. ๐ฝ๐ฎ ๐๐๐ซ๐๐ก๐ค๐ฅ๐๐ฃ๐ ๐๐ช๐ฉ๐ฉ๐๐ฃ๐-๐๐๐๐ ๐พ๐๐พ ๐ข๐๐๐๐๐ฃ๐๐จ ๐๐ค๐ข๐๐จ๐ฉ๐๐๐๐ก๐ก๐ฎ, ๐จ๐ฉ๐๐ง๐ฉ๐ช๐ฅ๐จ ๐ก๐๐ ๐ ๐๐ฉ๐๐๐ง๐๐๐ก ๐๐๐๐๐๐ฃ๐๐จ ๐๐ง๐ ๐๐๐ก๐ฅ๐๐ฃ๐ ๐ฉ๐ค ๐ฅ๐ค๐จ๐๐ฉ๐๐ค๐ฃ ๐๐ฃ๐๐๐ ๐๐จ ๐ ๐๐ก๐ค๐๐๐ก ๐๐ช๐ ๐๐ค๐ง ๐ฅ๐ง๐๐๐๐จ๐๐ค๐ฃ ๐๐ฃ๐๐๐ฃ๐๐๐ง๐๐ฃ๐. ๐๐๐๐จ ๐ฃ๐ค๐ฉ ๐ค๐ฃ๐ก๐ฎ ๐ง๐๐๐ช๐๐๐จ ๐ฉ๐๐ ๐๐ค๐ช๐ฃ๐ฉ๐ง๐ฎ'๐จ ๐ง๐๐ก๐๐๐ฃ๐๐ ๐ค๐ฃ ๐๐ข๐ฅ๐ค๐ง๐ฉ๐จ ๐๐ช๐ฉ ๐๐ก๐จ๐ค ๐จ๐๐ค๐ฌ๐๐๐จ๐๐จ ๐๐ฃ๐๐๐'๐จ ๐๐๐๐ก๐๐ฉ๐ฎ ๐ฉ๐ค ๐๐ฃ๐ฃ๐ค๐ซ๐๐ฉ๐ ๐๐ฃ๐ ๐๐ค๐ข๐ฅ๐๐ฉ๐ ๐ค๐ฃ ๐ฉ๐๐ ๐ฌ๐ค๐ง๐ก๐ ๐จ๐ฉ๐๐๐. ๐ผ๐จ ๐ข๐ค๐ง๐ ๐๐ฃ๐ซ๐๐จ๐ฉ๐ค๐ง๐จ ๐๐๐๐ ๐๐ค๐ข๐๐๐ง๐ค๐ฌ๐ฃ ๐๐๐ง๐๐ฌ๐๐ง๐ ๐จ๐ฉ๐๐ง๐ฉ๐ช๐ฅ๐จ, ๐๐ฉ ๐๐ค๐ช๐ก๐ ๐๐๐ฉ๐๐ก๐ฎ๐ฏ๐ ๐ ๐ฃ๐๐ฌ ๐๐ง๐ ๐ค๐ "๐๐๐ ๐ ๐๐ฃ ๐๐ฃ๐๐๐" ๐ฉ๐๐๐ฉ ๐๐ค๐๐จ ๐๐๐ฎ๐ค๐ฃ๐ ๐จ๐๐ข๐ฅ๐ก๐ ๐๐จ๐จ๐๐ข๐๐ก๐ฎ ๐ฉ๐ค ๐๐ง๐๐๐ฉ๐๐ฃ๐ ๐ฉ๐ง๐ช๐ก๐ฎ ๐ฌ๐ค๐ง๐ก๐-๐๐ก๐๐จ๐จ ๐ฅ๐ง๐ค๐๐ช๐๐ฉ๐จ. ๐ฎ๐ณ๐ญ
Source: YourStory - https://tinyurl.com/5ex637js
๐. ๐๐ก๐ ๐ฌ๐ญ๐๐ซ๐ญ๐ฎ๐ฉ ๐๐๐จ๐ฌ๐ฒ๐ฌ๐ญ๐๐ฆโ๐ฌ ๐ก๐ข๐ ๐ก ๐ก๐จ๐ฉ๐ ๐จ๐ง ๐๐จ๐๐ข ๐.๐ - ๐๐จ๐๐ข ๐ก๐๐ข ๐ญ๐จ๐ก ๐ฆ๐ฎ๐ฆ๐ค๐ข๐ฆ ๐ก๐๐ข?
The Modi government's third term is widely anticipated to be a boon for India's burgeoning startup ecosystem. The startup community has pinned high hopes on the new administration, expecting a slew of favorable policies and initiatives that could turbocharge entrepreneurial growth.
The key expectations?
Overall, the startup community is cautiously optimistic that the Modi 3.0 government will usher in a more conducive policy environment and funding landscape to accelerate India's entrepreneurial growth and cement its position as a global startup hub.
๐ ๐๐ค๐ง ๐๐๐ค๐ช๐๐๐ฉ: ๐๐๐ ๐จ๐ฉ๐๐ง๐ฉ๐ช๐ฅ ๐๐ค๐ข๐ข๐ช๐ฃ๐๐ฉ๐ฎ'๐จ ๐๐๐๐ ๐๐ค๐ฅ๐๐จ ๐๐ค๐ง ๐๐ค๐๐ 3.0 ๐๐ง๐ ๐ฃ๐ค๐ฉ ๐๐ช๐จ๐ฉ ๐ฌ๐๐จ๐๐๐ช๐ก ๐ฉ๐๐๐ฃ๐ ๐๐ฃ๐; ๐ฉ๐๐๐ฎ ๐๐ง๐ ๐ ๐ง๐๐๐ก๐๐๐ฉ๐๐ค๐ฃ ๐ค๐ ๐ฉ๐๐ ๐๐ค๐ซ๐๐ง๐ฃ๐ข๐๐ฃ๐ฉ'๐จ ๐ฅ๐ค๐ฉ๐๐ฃ๐ฉ๐๐๐ก ๐ฉ๐ค ๐ข๐๐ ๐ ๐ค๐ง ๐๐ง๐๐๐ ๐๐ฃ๐๐๐'๐จ ๐๐ฃ๐ฉ๐ง๐๐ฅ๐ง๐๐ฃ๐๐ช๐ง๐๐๐ก ๐๐ข๐๐๐ฉ๐๐ค๐ฃ๐จ. ๐ฝ๐ฎ ๐๐๐๐๐จ๐๐ซ๐๐ก๐ฎ ๐๐๐๐ง๐๐จ๐จ๐๐ฃ๐ ๐ง๐๐๐ช๐ก๐๐ฉ๐ค๐ง๐ฎ ๐๐ค๐ฉ๐ฉ๐ก๐๐ฃ๐๐๐ ๐จ, ๐๐ช๐ฃ๐๐๐ฃ๐ ๐๐๐ฅ๐จ, ๐๐ฃ๐ ๐๐ฃ๐๐ง๐๐จ๐ฉ๐ง๐ช๐๐ฉ๐ช๐ง๐ ๐๐๐๐ก๐ก๐๐ฃ๐๐๐จ, ๐ฉ๐๐ ๐ฃ๐๐ฌ ๐๐๐ข๐๐ฃ๐๐จ๐ฉ๐ง๐๐ฉ๐๐ค๐ฃ ๐๐๐จ ๐ฉ๐๐ ๐ค๐ฅ๐ฅ๐ค๐ง๐ฉ๐ช๐ฃ๐๐ฉ๐ฎ ๐ฉ๐ค ๐ช๐ฃ๐ก๐๐๐จ๐ ๐ ๐ฃ๐๐ฌ ๐๐ง๐ ๐ค๐ ๐๐ฃ๐ฃ๐ค๐ซ๐๐ฉ๐๐ค๐ฃ ๐๐ฃ๐ ๐๐ค๐ ๐๐ง๐๐๐ฉ๐๐ค๐ฃ. ๐๐ค๐ฌ๐๐ซ๐๐ง, ๐ฉ๐๐ ๐ง๐๐๐ก ๐ฆ๐ช๐๐จ๐ฉ๐๐ค๐ฃ ๐๐จ ๐ฃ๐ค๐ฉ ๐ฌ๐๐๐ฉ ๐ฉ๐๐ ๐๐ค๐ซ๐๐ง๐ฃ๐ข๐๐ฃ๐ฉ ๐ฅ๐ง๐ค๐ข๐๐จ๐๐จ, ๐๐ช๐ฉ ๐ฌ๐๐๐ฉ ๐๐ฉ ๐๐๐ก๐๐ซ๐๐ง๐จ. ๐๐๐ ๐ฅ๐ง๐ค๐ค๐ ๐ค๐ ๐๐ค๐๐ 3.0'๐จ ๐๐ค๐ข๐ข๐๐ฉ๐ข๐๐ฃ๐ฉ ๐ฉ๐ค ๐จ๐ฉ๐๐ง๐ฉ๐ช๐ฅ๐จ ๐ฌ๐๐ก๐ก ๐๐ ๐๐ฃ ๐ฉ๐๐ ๐ฅ๐๐๐ ๐๐ฃ๐ ๐๐๐๐๐๐ฉ๐๐ซ๐๐ฃ๐๐จ๐จ ๐ค๐ ๐๐ฉ๐จ ๐ฅ๐ค๐ก๐๐๐ฎ ๐๐ข๐ฅ๐ก๐๐ข๐๐ฃ๐ฉ๐๐ฉ๐๐ค๐ฃ. ๐ฅ๐ฎ๐ณ
๐. ๐๐จ๐ฎ๐ญ๐ก ๐๐๐ซ๐ค ๐๐จ๐ฆ๐ฆ๐จ๐ง๐ฌ ๐ญ๐จ ๐ง๐จ๐ฐ ๐๐ฎ๐๐๐จ๐ง ๐๐๐ซ๐ค ๐๐จ๐ฆ๐ฆ๐จ๐ง๐ฌ ๐
South Park Commons (SPC), the San Francisco-based early-stage VC firm, is setting up shop in the heart of India's tech scene: Bengaluru. And they're not coming alone. Flipkart co-founder Binny Bansal is joining forces with SPC as both an investor and mentor for their Indian odyssey.
The Mission:
With Bansal's entrepreneurial acumen and xto10x experience, SPC is poised to identify and nurture India's most promising tech seedlings. Bengaluru, with its thriving startup scene and concentration of technical expertise, is the perfect soil for SPC's unique "community-driven" approach to venture building.
But SPC's ambitions go beyond just writing checks. They aim to cultivate a rich cross-pollination of ideas and talent between India and the US, positioning India as a global tech powerhouse in the making.
๐ ๐๐ค๐ง ๐๐๐ค๐ช๐๐๐ฉ: ๐ฝ๐๐ฃ๐จ๐๐ก'๐จ ๐๐ญ๐ฅ๐๐ง๐๐๐ฃ๐๐ ๐๐จ ๐ ๐จ๐ช๐๐๐๐จ๐จ๐๐ช๐ก ๐๐ฃ๐ฉ๐ง๐๐ฅ๐ง๐๐ฃ๐๐ช๐ง ๐๐ฃ๐ ๐๐ค๐ช๐ฃ๐๐๐ง ๐ค๐ ๐ญ๐ฉ๐ค10๐ญ ๐ข๐๐ ๐๐จ ๐๐๐ข ๐๐ฃ ๐๐๐๐๐ก ๐ฅ๐๐ง๐ฉ๐ฃ๐๐ง ๐ฉ๐ค ๐๐๐ก๐ฅ ๐๐๐พ ๐๐๐๐ฃ๐ฉ๐๐๐ฎ ๐๐ฃ๐ ๐จ๐ช๐ฅ๐ฅ๐ค๐ง๐ฉ ๐ฅ๐ง๐ค๐ข๐๐จ๐๐ฃ๐ ๐ซ๐๐ฃ๐ฉ๐ช๐ง๐๐จ ๐๐ง๐ค๐ข ๐ฉ๐๐๐๐ง ๐๐๐ง๐ก๐๐๐จ๐ฉ ๐จ๐ฉ๐๐๐๐จ. ๐ผ๐จ ๐ข๐ค๐ง๐ ๐๐ก๐ค๐๐๐ก ๐๐พ๐จ ๐๐ค๐ก๐ก๐ค๐ฌ ๐จ๐ช๐๐ฉ, ๐๐ฃ๐๐๐ ๐๐ค๐ช๐ก๐ ๐๐๐๐ค๐ข๐ ๐ฉ๐๐ ๐๐ค-๐ฉ๐ค ๐ฅ๐ก๐๐๐ ๐๐ค๐ง ๐ฉ๐ช๐ง๐ฃ๐๐ฃ๐ ๐๐ข๐๐๐ฉ๐๐ค๐ช๐จ ๐๐๐๐๐จ ๐๐ฃ๐ฉ๐ค ๐๐๐ข๐-๐๐๐๐ฃ๐๐๐ฃ๐ ๐๐ค๐ข๐ฅ๐๐ฃ๐๐๐จ. ๐๐๐ซ๐๐ง ๐ ๐๐๐ฉ๐ฉ๐๐ง ๐ฉ๐๐ข๐ ๐ฉ๐ค ๐จ๐ฉ๐๐ง๐ฉ ๐ช๐ฅ :)
Source: YourStory - https://tinyurl.com/3w9b55ur
๐. ๐๐๐ ๐๐จ๐ฆ๐ ๐๐๐๐จ๐ซ ๐๐ญ๐๐ซ๐ญ๐ฎ๐ฉ ๐๐ซ๐๐ฆ๐ฉ๐จ๐ฅ๐ข๐ง๐ ๐๐๐ ๐ฌ $๐ ๐๐ง ๐ ๐ซ๐จ๐ฆ ๐๐๐ญ๐ซ๐ข๐ฑ ๐๐๐ซ๐ญ๐ง๐๐ซ๐ฌ ๐๐ง๐๐ข๐, ๐๐ญ๐ก๐๐ซ๐ฌ ๐๏ธ
The B2B home decor startup Trampoline has raised $5 million in seed funding from Matrix Partners India and WaterBridge Ventures, with additional venture debt from Alteria Capital. The funding will help Trampoline enhance its supply chain, accelerate new product development, and grow its team.
Trampoline aims to democratize design-led home decor by offering a full-stack experience from design to delivery, providing small retailers access to tools typically available only to large retailers. The startup plans to leverage the 'China Plus One' strategy and cater to rising demand for handmade, design-focused products by building strong supply chains in India and Southeast Asia.
The home decor market in India is projected to grow significantly, with the online segment expected to reach $5.4 billion by 2025. Trampoline is entering a crowded but promising space, competing with startups like Nestasia, The Purple Turtles, and Livspace, which recently achieved unicorn status.
๐ ๐๐ค๐ง ๐๐๐ค๐ช๐๐๐ฉ: ๐๐ง๐๐ข๐ฅ๐ค๐ก๐๐ฃ๐'๐จ $5 ๐ข๐๐ก๐ก๐๐ค๐ฃ ๐จ๐๐๐ ๐๐ช๐ฃ๐๐๐ฃ๐ ๐๐จ ๐ ๐ฉ๐๐จ๐ฉ๐๐ข๐๐ฃ๐ฉ ๐ฉ๐ค ๐ฉ๐๐ ๐๐ง๐ค๐ฌ๐๐ฃ๐ ๐๐ฃ๐ซ๐๐จ๐ฉ๐ค๐ง ๐๐ค๐ฃ๐๐๐๐๐ฃ๐๐ ๐๐ฃ ๐๐ฃ๐๐๐'๐จ ๐๐ช๐ง๐๐๐ค๐ฃ๐๐ฃ๐ ๐๐ค๐ข๐ ๐๐๐๐ค๐ง ๐ข๐๐ง๐ ๐๐ฉ, ๐ฌ๐๐๐๐ ๐๐จ ๐๐ญ๐ฅ๐๐๐ฉ๐๐ ๐ฉ๐ค ๐ง๐๐๐๐ $5.4 ๐๐๐ก๐ก๐๐ค๐ฃ ๐๐ฎ 2025. ๐ผ๐จ ๐ฉ๐๐ ๐๐ฃ๐๐ช๐จ๐ฉ๐ง๐ฎ ๐จ๐๐๐๐ฉ๐จ ๐ฉ๐ค๐ฌ๐๐ง๐๐จ ๐ค๐ฃ๐ก๐๐ฃ๐ ๐จ๐๐ก๐๐จ ๐๐ฃ๐ ๐๐๐จ๐๐๐ฃ-๐๐ค๐๐ช๐จ๐๐ ๐ฅ๐ง๐ค๐๐ช๐๐ฉ๐จ, ๐จ๐ฉ๐๐ง๐ฉ๐ช๐ฅ๐จ ๐ก๐๐ ๐ ๐๐ง๐๐ข๐ฅ๐ค๐ก๐๐ฃ๐, ๐๐๐จ๐ฉ๐๐จ๐๐, ๐๐ฃ๐ ๐๐๐ซ๐จ๐ฅ๐๐๐ ๐๐ง๐ ๐ซ๐ฎ๐๐ฃ๐ ๐ฉ๐ค ๐๐๐ฅ๐๐ฉ๐๐ก๐๐ฏ๐ ๐ค๐ฃ ๐ฉ๐๐๐จ ๐ฉ๐ง๐๐ฃ๐. ๐ผ๐จ ๐ฉ๐๐ ๐๐๐ฉ๐ฉ๐ก๐ ๐๐ค๐ง ๐ข๐๐ง๐ ๐๐ฉ ๐จ๐๐๐ง๐ ๐๐ฃ๐ฉ๐๐ฃ๐จ๐๐๐๐๐จ, ๐ฉ๐๐ ๐จ๐ช๐๐๐๐จ๐จ ๐ค๐ ๐ฉ๐๐๐จ๐ ๐ซ๐๐ฃ๐ฉ๐ช๐ง๐๐จ ๐๐ค๐ช๐ก๐ ๐ง๐๐๐๐๐๐ฃ๐ ๐ฉ๐๐ ๐ซ๐๐ง๐ฎ ๐๐จ๐จ๐๐ฃ๐๐ ๐ค๐ ๐๐ค๐ข๐ ๐๐๐๐ค๐ง ๐๐ฃ ๐๐ฃ๐๐๐, ๐ฉ๐ง๐๐ฃ๐จ๐๐ค๐ง๐ข๐๐ฃ๐ ๐๐ฉ ๐๐ง๐ค๐ข ๐ ๐ข๐๐ง๐ ๐ฅ๐ง๐ค๐๐ช๐๐ฉ ๐๐๐ฉ๐๐๐ค๐ง๐ฎ ๐ฉ๐ค ๐ ๐ง๐๐๐ก๐๐๐ฉ๐๐ค๐ฃ ๐ค๐ ๐๐ซ๐ค๐ก๐ซ๐๐ฃ๐ ๐๐ค๐ฃ๐จ๐ช๐ข๐๐ง ๐๐จ๐ฅ๐๐ง๐๐ฉ๐๐ค๐ฃ๐จ ๐๐ฃ๐ ๐ซ๐๐ก๐ช๐๐จ. ๐ฎ๐ณ๐
Source: Inc42 - https://tinyurl.com/87a5ttfk
๐. ๐ ๐จ๐ซ๐๐๐ ๐๐ซ ๐๐จ๐ญ? ๐๐๐ฒ๐ญ๐ฆ ๐๐ฆ๐ฉ๐ฅ๐จ๐ฒ๐๐๐ฌ ๐๐ซ๐ฒ ๐ ๐จ๐ฎ๐ฅ ๐๐ฏ๐๐ซ ๐๐๐ฒ๐จ๐๐ ๐๐ซ๐จ๐๐๐ฌ๐ฌ, ๐๐ฅ๐ฅ๐๐ ๐ ๐๐๐ซ๐๐ฌ๐ฌ๐ฆ๐๐ง๐ญ
Paytm, the once-shining star of India's tech scene, is now facing a storm of allegations from its own employees. As the company navigates a rocky restructuring, workers claim they're being pressured to jump ship voluntarily, rather than being given the lifeboats of severance and promised bonuses.
The Allegations:
Beneath the surface, this scandal is a symptom of a deeper malaise. As Paytm grapples with regulatory headwinds and investor pressure, it's resorting to cost-cutting measures that may save the bottom line in the short term, but could erode employee trust and morale in the long run.
๐ ๐๐ค๐ง ๐๐๐ค๐ช๐๐๐ฉ: ๐๐๐ ๐๐ก๐ก๐๐๐๐ฉ๐๐ค๐ฃ๐จ ๐จ๐ช๐ง๐ง๐ค๐ช๐ฃ๐๐๐ฃ๐ ๐๐๐ฎ๐ฉ๐ข'๐จ ๐ก๐๐ฎ๐ค๐๐๐จ ๐๐ง๐ ๐ ๐จ๐ฎ๐ข๐ฅ๐ฉ๐ค๐ข ๐ค๐ ๐ ๐ก๐๐ง๐๐๐ง ๐๐จ๐จ๐ช๐ โ ๐ฉ๐๐ ๐๐๐ก๐๐๐๐ฉ๐ ๐๐๐ก๐๐ฃ๐๐๐ฃ๐ ๐๐๐ฉ ๐๐๐ฉ๐ฌ๐๐๐ฃ ๐จ๐๐ค๐ง๐ฉ-๐ฉ๐๐ง๐ข ๐ฅ๐ง๐ค๐๐๐ฉ๐๐๐๐ก๐๐ฉ๐ฎ ๐๐ฃ๐ ๐ก๐ค๐ฃ๐-๐ฉ๐๐ง๐ข ๐๐ง๐ค๐ฌ๐ฉ๐ ๐๐ฃ ๐๐ฃ๐๐๐'๐จ ๐ฉ๐๐๐ ๐จ๐๐๐ฉ๐ค๐ง. ๐ผ๐จ ๐๐ค๐ข๐ฅ๐๐ฃ๐๐๐จ ๐ก๐๐ ๐ ๐๐๐ฎ๐ฉ๐ข ๐๐๐๐ ๐๐ฃ๐๐ง๐๐๐จ๐๐ฃ๐ ๐ฅ๐ง๐๐จ๐จ๐ช๐ง๐ ๐๐ง๐ค๐ข ๐๐ฃ๐ซ๐๐จ๐ฉ๐ค๐ง๐จ ๐๐ฃ๐ ๐ง๐๐๐ช๐ก๐๐ฉ๐ค๐ง๐ฎ ๐๐๐๐ก๐ก๐๐ฃ๐๐๐จ, ๐ฉ๐๐๐ฎ ๐๐ง๐ ๐๐ค๐ง๐๐๐ ๐ฉ๐ค ๐ข๐๐ ๐ ๐ฉ๐ค๐ช๐๐ ๐๐๐ค๐๐๐๐จ ๐ฉ๐ค ๐จ๐ฉ๐๐ฎ ๐๐๐ก๐ค๐๐ฉ. ๐๐ค๐ฌ๐๐ซ๐๐ง, ๐๐ ๐ฉ๐๐๐จ๐ ๐๐ค๐จ๐ฉ-๐๐ช๐ฉ๐ฉ๐๐ฃ๐ ๐ข๐๐๐จ๐ช๐ง๐๐จ ๐๐ค๐ข๐ ๐๐ฉ ๐ฉ๐๐ ๐๐ญ๐ฅ๐๐ฃ๐จ๐ ๐ค๐ ๐๐ข๐ฅ๐ก๐ค๐ฎ๐๐ ๐ฉ๐ง๐ช๐จ๐ฉ ๐๐ฃ๐ ๐ฌ๐๐ก๐ก-๐๐๐๐ฃ๐, ๐ฉ๐๐๐ฎ ๐๐ค๐ช๐ก๐ ๐ช๐ก๐ฉ๐๐ข๐๐ฉ๐๐ก๐ฎ ๐ช๐ฃ๐๐๐ง๐ข๐๐ฃ๐ ๐ฉ๐๐ ๐ซ๐๐ง๐ฎ ๐๐ฃ๐ฃ๐ค๐ซ๐๐ฉ๐๐ค๐ฃ ๐๐ฃ๐ ๐ฅ๐ง๐ค๐๐ช๐๐ฉ๐๐ซ๐๐ฉ๐ฎ ๐ฉ๐๐๐ฉ ๐๐ง๐๐ซ๐๐จ ๐๐ฃ๐๐๐'๐จ ๐๐๐ค๐ฃ๐ค๐ข๐๐ ๐๐ง๐ค๐ฌ๐ฉ๐. ๐ผ๐จ ๐ฉ๐๐ ๐๐ค๐ช๐ฃ๐ฉ๐ง๐ฎ ๐ฃ๐๐ซ๐๐๐๐ฉ๐๐จ ๐ฉ๐๐ ๐ฅ๐ค๐จ๐ฉ-๐ฅ๐๐ฃ๐๐๐ข๐๐ ๐ง๐๐๐ค๐ซ๐๐ง๐ฎ, ๐๐ฉ ๐๐จ ๐๐ง๐ช๐๐๐๐ก ๐ฉ๐๐๐ฉ ๐๐ค๐ข๐ฅ๐๐ฃ๐๐๐จ ๐๐๐ฃ๐ ๐ฌ๐๐ฎ๐จ ๐ฉ๐ค ๐๐๐๐ฅ๐ฉ ๐๐ฃ๐ ๐ฉ๐๐ง๐๐ซ๐ ๐ฌ๐๐ฉ๐๐ค๐ช๐ฉ ๐จ๐๐๐ง๐๐๐๐๐๐ฃ๐ ๐ฉ๐๐ ๐๐ช๐ข๐๐ฃ ๐๐๐ฅ๐๐ฉ๐๐ก ๐ฉ๐๐๐ฉ ๐ฅ๐ค๐ฌ๐๐ง๐จ ๐ฉ๐๐๐๐ง ๐จ๐ช๐๐๐๐จ๐จ. ๐๐ผ
Source: Inc42 - https://tinyurl.com/ys353jw9
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