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“With the benefit of hindsight, 2021 was a crazy year, and you look back and see that there are many such cycles that have played out,” said Mukesh Bansal, cofounder of Myntra and Cultfit and also an angel investor. “For me, I find most joy in building outstanding products whether I put on a founder hat or an investor hat. Unfortunately, I can’t do a lot of it on my own now so I’m part nearing with great cofounders now.”

“With the benefit of hindsight, 2021 was a crazy year, and you look back and see that there are many such cycles that have played out,” said Mukesh Bansal, cofounder of Myntra and Cultfit and also an angel investor. “For me, I find most joy in building outstanding products whether I put on a founder hat or an investor hat. Unfortunately, I can’t do a lot of it on my own now so I’m part nearing with great cofounders now.”

Minister for Micro, Small and Medium Enterprises T M Anbarasan launched the Smart Cards at an event here recently, and gave away 10 Smart Cards to startups on the occasion StartupTN has launched Smart Card and other new initiatives to meet the needs of aspiring entrepreneurs in the early stage of building their startup.

Union minister Dharmendra Pradhan on Sunday launched an initiative of IIT Bhubaneswar’s Research and Entrepreneurship Park, which aims at creating 100 startups with a valuation of Rs 100 crore each by 2036. The 100Cube startup initiative was unveiled by Pradhan here, who said innovation is in the DNA of Odia society.

Principal Scientific Advisor to the Government of India Prof Ajay Kumar Sood has launched Science for WomenA Technology & Innovation (SWATI) Portal, aimed at creating a single online portal representing Indian Women and Girls in STEMM (Science, Technology, Engineering, Mathematics & Medicine)

Directtoconsumer (D2C) startup Blissclub has laid off nearly 21 employees, or 18 per cent of its workforce, to cut costs. However, the number of impacted employees at the fashion apparel startup could be as high as 30, according to leading startup news portal Inc42.

Adopting platform driven changes and utilising AI will drive businesses toward a fresh wave of innovation. CIOs, crucial for sustainability, will redefine success metrics in the digital realm, said Neha Gupta, senior research manager, IDC India. IDC expects that the combination of predictive AI, machine vision, and GenAI capabilities, and the provisioning of on demand services through digital ecosystems, will take on a new dimension.

When Odisha celebrates 100 years of its formation as a separate province on linguistic basis in 2036, as many as 100 entrepreneurs from the land of Odisha will be leading the innovative startups of Rs 100 crores of valuation each, he added He commended the growing startup ecosystem in India, particularly in Odisha where 40 percent of startups are led by women, urging collaboration and support from all stakeholders to nurture and expand this ecosystem.

The Centre has launched the 100 Cube initiative to help establish a hundred startups of 100 crore valuation each in the state by 2036 just when Odisha completes its statehood centenary The Minister for Education, and Skill Development & Entrepreneurship Dharmendra Pradhan who launched the 100 Cube initiative from IIT Bhubaneshwar earlier this week, pointed to the Modi government s commitment to the Purvodaya vision which is centered on boosting development in the eastern states.

Apple has long been quietly acquiring artificial intelligence startups to bolster its AI capabilities across its products and services. This strategy continued strongly in 2023, with Apple purchasing up to 32 AI companies last year according to estimates from Stocklytics which sourced their data from a Statista report.