In a world that seems awash with the word startup the popular concept today has become a hallmark across nations. Emerging markets and developed economies are both experiencing a rise in startups. We can safely say that this trend will become the core industry in the near future. India is not new to the start-up concept. In fact, it has been inundated by the trend in the past few years. Startup...
With numerous tech firms entering the market and roughly 42 companies becoming unicorns in 2021, India’s startup ecosystem has come a long way. Startup ecosystems in India are at their best and the overall environment is pro-business, encouraging aspiring minds to develop innovative ideas. However, we all know that starting a business involves much more than just having an idea; it...
Startups today are playing a crucial part and contributing handsomely to the growth of the economy. They are the vibrant, diverse and innovative channel through which smart ideas and tech are changing the way we live. Additionally they are creating more jobs, building value in products, adding to the foreign exchange kitty, improving the standard of living and a lot more. It is evolving so fast...
The early-stage startup ecosystem in India is flourishing. Fresh reports indicate a steady uptick in the number of incubators and a growing trend of young minds being more inclined towards entrepreneurship. No wonder the startup sector in India is today a vibrant vertical, full of innovative ideas and performance driven parameters, which have surpassed all previous benchmarks and are now playing...
Over the last few years, a bold new breed of entrepreneurs bursting with ideas have emerged on the Indian business landscape. Nimble and confident, they are raring to scale up their global ambitions. This is the startup generation. According to the Economic Survey 2021-22, the Department for Promotion of Industry and Internal Trade (DPIIT) has officially registered over 61,400 startups in India...
Thinking about starting your own business? To turn your vision of a profitable venture into reality, you’ll need funding. Entrepreneurs sometimes fund their businesses with personal assets and cash. However, most require outside funding for which they submit a “funding request.” What is a funding request? Essentially, a funding request is a written request for funding from a...
Over the last few years and especially during the pandemic, the country has witnessed a surge in the number of startup businesses that have made their presence known. From grocery delivery services to travel tickets, online marketplaces to books and tech gadgets, there has been a spurt in the number of people using e-commerce to fulfill their daily needs. Because of the large number of...
When it comes to getting a startup off the ground, entrepreneurs have many things on their minds. Often, the first question that comes to mind is how to get funding for a business startup and when one should approach the investors? Persuading investors and getting them to sign the cheque is difficult because the majority of them are sceptical and critical. Investors know that only 10% of...
BYJU’S FUNDING DRIVE LEADS TO MAJOR EXPANSION PLANS India’s largest education company, Byju’s has succeeded in raising $800 million in a mega funding round led by its founder Byju Raveendran. The money was raised at a valuation of approximately $22 billion. A brief on the founders: Byju Raveendran, aged 41 who owns about a third of the business, invested $400 million while the remaining amount...
As a business leader, you know a company’s life cycle passes through various stages right from the idea generation stage to generating funds through a series of seed rounds and finally making a successful exit through an IPO, acquisition, or liquidation. One key decision that business leaders face is whether to seek out seed funding at an early stage or wait until they reach a later stage...