The Global Hues, a monthly business magazine that celebrates the experiences of Entrepreneurs, Founders, Directors, Csuite and Decisionmakers, is proud to announce the prestigious firms recognised under the Startup of The Year 2023 .

The socalled Angel Tax, introduced in 2012, has undergone various bits of cosmetic surgery, in order to make this grotesque mutant look less threatening, but it remains a menace to Indian startups.

It deploys up to 20% of the corpus in growth stage startups, another 20% for preIPO companies, and about 40% of the corpus is for growth equity for companies where it has held stake for around four years. Singularity Growth Opportunities Fund II will also deploy the corpus in a similar manner. The firm is targeting investments of Rs 75 crore Rs 175 crore in around 1416 startups.

Through this 4month program, 19 ventures helmed by student entrepreneurs across universities will be able to build on their innovative ideas, avail handson mentorship, build their business acumen, and get ahead on their startup.

The National Restaurants Association of India (NRAI) Pune Chapter proudly concludes a highly successful Elevate Mentorship Program and How to Build a Community with Sonia Agarwal Konjeti event at One Lounge, Koregaon Park, Pune.

Responding to industry requests on offering a sandbox environment to Web3 developers, Kharge said the Karnataka Innovation Authority was established during his previous term to support emerging technology. He also assured the industry that the government will make necessary arrangements for the web3 developers to thrive in the same sandbox environment until it comes out with a regulatory policy.

Knight believes that India is poised to become home to over 200 unicorn startups by 2025, a testament to the country s robust entrepreneurial culture. By 2025 India should have close to or over 200 unicorn startups in this economy.

IIT Madras partners with five startups for initiatives in emerging technologies IIT Madras Pravartak Technologies Foundation has partnered with five startups for collaborations in emerging technologies.

ASICS Corporation announces that ASICS Ventures Corporation will host a pitch event with the theme of Ideas for collaboration with ASICS India Private Limited (AIN), with Indian startups. The program name is ASICS Innovation Pitch in India, and ASICS Ventures and AIN will play a central role in managing the program.

Accredify, a Singapore based startup and service provider for issuing verifiable documents and information, has emerged as the champion of the 2023 Supernova Challenge at Expand North Star Dubai, the world’s largest startup event.