Author: Ansh Singh

For many years, investing in India felt confusing and risky. Words like mutual funds, stocks, and SIPs scared common people. Investing was mostly limited to experts or wealthy individuals. Seeing this gap, four young engineers decided to change the way Indians invest. This idea later became Groww, one of India’s most popular investment platforms. Groww was founded in 2016 by Lalit Keshre, Neeraj Singh, Ishan Bansal, and Harsh Jain. All four founders worked together at Flipkart and shared a strong interest in finance and technology. During their time at Flipkart, they noticed that many employees wanted to invest but did…

In India, traffic is part of daily life. Long jams, crowded buses, expensive cabs, everyone has faced these problems at least once. Three young engineers noticed this struggle and decided to solve it in a simple way. That decision led to the birth of Rapido, India’s popular bike-taxi startup. Rapido was founded by Pavan Guntupalli, Aravind Sanka, and Rishikesh SR. All three were engineering graduates who had regular jobs. Like most city commuters, they also struggled with daily travel. They saw that bikes could move faster than cars in traffic and cost much less. This small observation later turned into…

New Delhi: BlackBuck founder Vikram Singhania and founder Vikram Upadhyaya sold part of their stakes worth 243 crore rupees in a big block deal this week. This action has attracted investors and the startup community. BlackBuck is a popular India based technology logistics company in India which collaborates with truck operators and businesses. Reports indicate that the sale of the shares was conducted as a liquidity move, and it was planned. This implies that the founders had an interest in turning a part of their stocks into cash. According to experts such moves are common when the startups become large…

New Delhi: Bhavish Aggarwal, the founder of Ola Electric, is experiencing new issues as the company attempts to expand its electric vehicle production and deliveries. Ola Electric makes big ambitions of being a pioneer in the electric vehicle revolution in India, but the journey has not been easy. The company has put a lot of investments in its huge manufacturing facility in Tamil Nadu. The aim is to manufacture scooters with electricity on a large scale and make EVs economical to the Indian people. Nonetheless, Ola Electric has experienced delays in deliveries, quality feedbacks and service problems. Certain customers have…

New Delhi: Paytm founder, Vijay Shekhar Sharma has reacted to recent regulatory changes that have compelled the company to restructure the way it conducts business. Paytm is among the largest digital payment systems in India that faced pressure following concerns about a few of its services by regulators. Paying close attention to the banking and payment activities of Paytm are the Reserve Bank of India (RBI). Following new directives issued by regulators, Paytm was forced to discontinue or downsize certain services particularly those that are associated with the Paytm bank of payments. This raised concerns among customers and shareholders. Vijay…

New Delhi: Byju Raveendran, the founder of BYJU’S is once again seeking an escape as the firm is still in grave financial trouble. BYJU, which was previously the largest and most valuable education technology business in India, is under insolvency. It implies that the company cannot pay its debts in time and lenders are currently contemplating the next step. Byju Raveendran has recently approached the law authorities with a request to get a new relief. He is demanding more time and support to ensure that the firm is able to solve its problems without forfeiting complete control. On numerous occasions,…

New Delhi: The issue of Artificial Intelligence in the world was agitated once again when Sam Altman, the CEO of OpenAI, was reportedly under renewed pressure by the board of the company. This is in the era when AI applications, such as ChatGPT, are getting stronger and more potent in everyday life. According to sources who are close to the situation, the key factor is not money, but it is of power and control. OpenAI is a non-profit organization that was founded to create AI securely to unleash the world. However, with time, it became more commercial and cooperated closely…

New Delhi: Regulators are putting pressure on the startup founders in the world. Governments are adding tighter policies with startups proliferating into sensitive fields such as finance, health, and artificial intelligence. In the past, the freedom of startups was due to their small size and experimental nature. Currently, some of them have millions of users. Regulators are of the opinion that size comes with responsibility. The new regulations are oriented towards the safety of data, privacy of users, and financial disclosure. Founders lament that excessive regulations slack innovation. But governments insist that regulations are necessary to save the people.

New Delhi: South Korea is developing a strong “re-challenge ecosystem” to assist entrepreneurs who failed in their previous businesses to begin again. The government has increased the government’s Fund of Funds and Re-Challenge Capital programmes as part of its national startup strategy. In many countries failure is viewed as negative. But Korea is seeking to change this mindset. The government believes that some founders who didn’t succeed the first time have valuable experience to be encouraged to try again. Under this policy, failing entrepreneurs can access funding, mentoring and business support without the stigma. The government has raised the amount…

New Delhi: There is an increasing number of Indian college students who start ups prior to the complevction of their degrees. Students are now creating businesses with tech apps, local service platforms and more, during their studies. This trend is now supported by many colleges in the form of incubation centers and start up clubs. Students are provided with mentoring, funding advice and workspace. There are some startups that were initiated during college that have already become funded. Students claim that they would like to address practical issues rather than wait to get employed at corporations. Nonetheless, it is difficult…