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After witnessing the lack of confidence in their female colleagues at a farewell party due to tanned skin, dark underarms, strawberry skin etc., IIT Delhi Startup Sanfe Founder s Archit Agarwal and Harry Sehrawat decided to address this issue. advertisement

At the ET NOW Global Business Summit 2024, Kunal Bahl, cofounder of Snapdeal and Titan Capital, shed light on the early days of venturing into the turbulent startup environment. Reflecting on the inception of their business in 2007, Bahl highlighted that the term startup was not widely known, and the concept gained national recognition only after Prime Minister Modi s launch of Startup India.

Funding infusion in the startup ecosystem surged 2.4x this week compared to the previous seven days. Of 39 startups which scooped up $240 million cumulatively this week, 29 deals belonged to the early-stage startups. Remaining eight deals went to growth stage startups. Two startups did not disclose the amount it raised.

In 2016, as part of the Startup India Action Plan, Prime Minister Narendra Modi launched the Fund of Funds for Startups (FFS), a program aimed at catalysing India s startup ecosystem. Managed by the Small Industries Development Bank of India (SIDBI) under the guidance of the Department for Promotion of Industry and Internal Trade (DPIIT), this initiative has emerged as a gamechanger for startups in the country.

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.

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.

Established in 2016 with an initial corpus of Rs 10,000 crore, the fund of funds initiative has played a pivotal role in providing vital capital to startups A recent CRISIL report has shed light on the significant investment inflows into startups beyond TierI cities, with government s fund of funds injecting a Rs 1,590 crore into 129 startups.

Days ahead of assembly elections in Odisha, 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

Apple to settle trade secrets lawsuit against chip startup Rivos Apple sued stealth startup Rivos in 2022. It said Mountain View, California based Rivos had hired away dozens of its engineers and used its confidential information to develop competing system on chip (SoC) technology.

Apple settles lawsuit: Apple intends to resolve the trade secrets lawsuit it brought against chip startup Rivos, as stated in a joint court filing submitted on Friday in California federal court. According to the filing, the companies informed the US District Court for the Northern District of California that they have reached an agreement aimed at potentially settling the case.