[ad_1] Commerce Minister Piyush Goyal, on Monday, addressed criticism directed at him for his recent comments encouraging startups to enhance their innovation efforts. Referring to former Infosys CFO Mohandas Pai, Goyal clarified that his remarks were meant to prompt the startup ecosystem to recognise the urgency of the current moment. “I have been bashed up […]
Goyal hails startups, says many nations want to adopt India’s development model – CNBC TV18
[ad_1] Several nations want to adopt India’s development model, which has given prominence to initiatives such as Startup India that encourage innovation, Union Minister of Commerce and Industry Piyush Goyal said here on Saturday. Addressing the valedictory function of Vejalpur Startup Festival 2.0, Goyal also said India aims to take the number of unicorns from […]
Startup Digest: PhonePe discontinues Juspay tie-up, Bhavish Aggarwal to pledge 1% of Ola Electric’s equity and more – CNBC TV18
[ad_1] PhonePe discontinues partnership with Juspay; will not be working with third-party routing platforms Fintech major PhonePe has discontinued its partnership with SoftBank-backed payments platform Juspay and will not be working with any third-party routing platform, offering direct integration to its customers, the firm told CNBC-TV18. “As a payment aggregator, one of our core roles […]
AI analytics firm Pyramid Analytics secures $50 million from BlackRock – CNBC TV18
[ad_1] Pyramid Analytics, an AI business analytics company, said on Monday it has raised $50 million in new financing from BlackRock, the world’s biggest asset manager. WHY IT’S IMPORTANT Companies around the world are racing to integrate artificial intelligence (AI) into their businesses. Startups offering AI services are a bright spot in an otherwise subdued […]
Gen Z is starved for human contact online — these Indian startups step up – CNBC TV18
[ad_1] India, boasting one of the highest numbers of affordable smartphones among G20 nations, has developed a robust digital user base. In this context, youth increasingly favour social media messaging apps. However, with existing tech giants like Meta and Snapchat are failing to meet the need for genuine connections, a niche, homegrown social media and […]
Time to cut the Silicon Valley umbilical cord: Blume Ventures Co-Founder Karthik Reddy – CNBC TV18
[ad_1] In a bid to foster a robust homegrown venture capital (VC) ecosystem, Karthik Reddy, Co-Founder of Blume Ventures, called for the development of an Indian VC landscape that rivals the best in Silicon Valley. “We leaned on, you know, Silicon Valley capital and their models for a long time. And we are huge, you […]