India, the companys largest R&D centre with over 15,000 people, will be looking to double its AI talent base by way of hiring as well as upskilling those in the companys workforce, India MD Sindhu Gangadharan told Moneycontrol.
Talent scarcity About four in five employers in India report facing difficulties in finding the talent they need, according to the ManpowerGroup Employment Outlook Survey Q4 2023. Although the 2023 figure was three percentage points less than the previous year, it remains almost double that of 2021.
The goal is to brainstorm potential solutions for the challenges that MSMEs, startups, and innovators encounter in the country while also leveraging opportunities to establish India as a prominent global centre for industrial research and manufacturing.
In the digital realm, ecommerce is reshaping the business landscape, offering unparalleled reach and opportunities. Yet, this explosive growth also signifies intensifying competition, especially for startups and Small to Medium Enterprises (SMEs) who often operate with limited resources.
Touring is a global fund and will back startups across North America, India, Australia, and Europe. Our debut fund will predominantly focus on investing in Series B and Series C rounds of category defining software companies powered by AI, the partners wrote in the blog.
Flipkart accelerator for startups: Ecommerce company Flipkart on Friday invited applications from startups for the third cohort of its startup accelerator programme Flipkart Leap. The selected startups will get the opportunity to work and collaborate with product teams, and network with technology leaders within Flipkart to run pilots.
HSBC explores stepping up lending to Indian startups Premium Credit: Reuters HSBC India plans to expand its funding corpus for startups after exhausting 80% of the $250 million earmarked last year, a senior executive said, underscoring the lender s focus on the sector facing funding challenges. Ajay Sharma, head of commercial banking at HSBC India, said the lender banks 45% of Indian unicorns, ……
HSBC explores stepping up lending to Indian startups – VC Circle Read More »
JPMorgan Chase & Co. is looking to help finance the growing pool of startups in India, its senior official told Bloomberg. The bank plans to work with companies that are pioneers in their sectors, developing new products or services, and is targeting companies with a large consumer orientation in India, as well as abroad, Kaustubh Kulkarni, the senior country officer for India said.
The other important representatives of the committee will be from the Department of Information and Public Relations (DIPR), the MD of Karnataka Innovation and Technology Society (KITS), the dean of Electrical, Electronics and Computer Sciences (EECS) at the Indian Institute of Science, an additional advocate general, the head of Karnataka cybersecurity centre of excellence and representatives from civil society, the Minister added.
Kinara Capital Hardika Shah, JSW Ventures Sachin Tagra and Shadowfaxs Vaibhav Khandelwal Persistence and perseverance are the two major qualities that startups and founders must possess to make their business scale in the long term, industry executives said at VCCircles multicity fundraising programme The Pitch in Bengaluru.
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