China’s Hangzhou-based DeepSeek is laying waste to US AI stocks as investors question whether it is necessary to keep spending billions on new-age chips and power supplies for AI development, given that DeepSeek’s R1 AI model was built for a relatively meagre cost of £4.49 million. Most of the “magnificent seven” stocks declined markedly on … Read more
Last Updated:January 08, 2025, 13:30 IST Vineeta Singh, a graduate of IIT Madras and IIM Ahmedabad, turned down her Rs 1 crore job offer at 23 to follow her passion for entrepreneurship Vineeta Singh, along with her husband, laid the foundation for Sugar Cosmetics in 2015. (Instagram: vineetasng) The fourth season of Shark Tank India commenced … Read more
The ASEAN-India Start-up Festival 2024 was launched on November 28, 2024, with an aim to showcase the startup ecosystems of India and ASEAN nations. The three-day start-up festival brings together 100 startups, industry leaders, policymakers, and innovators. Hosted by the Startup Incubation and Innovation Centre (SIIC), IIT Kanpur, in collaboration with the Department of Science … Read more
Hyderabad: Hyderabad-based math edtech startup Bhanzu, founded by the world’s fastest human calculator Neelakantha Bhanu, raised investments of USD 16.5 million in its series B funding. The edtech firm focuses on improving the mathematical skills among learners. The company aims to reach 100 million mathematics students in the next five years, using the new investment, … Read more
I-STEM (Indian Science, Technology, and Engineering facilities Map), an initiative from the Office of Principal Scientific Adviser, Government of India, conducted its flagship ‘Samavesha’ at the University of Ladakh on November 5, 2024. The Samavesha Project connects industries, researchers and start-ups looking to avail advanced scientific equipment with an academic institution that has the requisite … Read more
In a recent LinkedIn post, Vaynerchuk, the CEO of VeeFriends and chairman of VaynerX, argued that prioritising a healthy work environment may sometimes mean letting go of top talent. According to Vaynerchuk, companies often promote results-oriented individuals, such as high-performing salespeople or forceful managers, despite their negative impact on team dynamics. He insists that success … Read more
Opinions expressed by Entrepreneur contributors are their own. Over the past three or four years, startups and small businesses have confronted unique challenges like the lingering effects of the pandemic, fluctuating inflation rates and global supply chain disruptions. Surviving, much less thriving, has required herculean effort and resilience. As we head into the last quarter … Read more
Electric vehicle battery manufacturer Northvolt says construction of a $7-billion plant on Montreal’s South Shore will proceed as planned, despite announcing on Monday its intention to lay off 1,600 employees in Sweden. The Swedish multinational said it plans to cut 1,000 jobs in Skellefteå, 400 in Västerås and 200 in Stockholm — about a fifth of its … Read more
New Delhi: The Indian startup ecosystem saw massive funding flow this week at more than $628.24 million raised by 36 startups — a whopping 174.5 per cent surge from last week. The funding momentum was led by edtech company Physics Wallah (PW) which secured $210 million in its Series B funding round and took the … Read more
Bengaluru: Digital transformation service provider Yotta Data Services on Wednesday launched Shambho accelerator programme for Cloud and Artificial Intelligence (AI) startups. Shambho, launched with support from Nasscom AI and Telangana AI Mission, will provide the startups with world-class AI and cloud infrastructure, mentorship, technological support, and more. The programme also aims to foster innovation in … Read more
