Tech salaries get reset as startup talent becomes affordable amid crises at Byjus, Paytm – The Economic Times

Empower Your Corporate Journey with Strategic Skill Courses Offering College Course Website MIT MIT Technology Leadership and Innovation Visit Indian School of Business ISB Leadership in AI Visit A glut of CVs in the job market from laid off startup and ecommerce employees, and those looking to exit companies like Byjus, is leading to a sharp reset of salaries from the stratospheric levels scaled in the postCovid 202122 hiring frenzy

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PM Modi s Startup Ecosystem Turned Youth from Jobseekers to Providers: Gujarat CM – IMTS News

Gujarat Chief Minister Bhupendra Patel said the startup ecosystem created by PM Modi has transformed the country s youth from job seekers to job providers. He was speaking at the Veljapur Startup Festival on February 4. CM Patel stated that initiatives like Startup India, Digital India and Make in India may not have been fully understood earlier, but today their impact is evident.

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Indian Union Budget 2024: Startup and Tech Sectors Attract Sizable Strides – CXO Today

Much was not expected from the Indian policymakers at the Union budget 2024, but watershed moments boosted the mood in startup and technology sectors, marking a critical point for the country s growth. The Government of India continued its contribution towards the startup ecosystem as Finance Minister Nirmala Sitharaman increased the tax benefits for the sector, as well as for the funding added by sovereign funds.

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Indian Startup Funding Dips in January 2024, Layoffs Continue at Swiggy, Flipkart, Others – The Mojo India

Indian startups secured $732 million across 107 deals in January, but funding dropped compared to December 2023. Fintech dominated with Vivifi leading, while Swiggy, Flipkart saw employee exits. News Desk, Feb 5: Indian startups witnessed a mixed bag in January 2024, raising $732.7 million across 107 deals despite facing challenges like layoffs, shutdowns, and top-level exits.

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Indian startups compete in race for affordable autonomous driving – The Economic Times

His algorithms are a step ahead of Waymo and Tesla but lack of funding and adequate regulations have kept the startup in stealth mode, according to Sharma Presenting autonomous driving in complex, stochastic and adversarial traffic dynamics, on the roads in India, Sharma wrote in a post on X, attaching a video that shows a Swaayatt driverless car navigating Bhopal city traffic at night

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