Electric vehicle startup Simple Energy has announced raising USD 20 million (approximately ₹165 crore) from a group of investors as part of its ongoing Bridge round. The funds will be allocated in phases to enhance production of the company’s debut e-scooter, Simple ONE, which has yet to be delivered to customers despite 18 months since […]
Elon Musk recently admitted that his social media activity may have adversely affected the financial performance of X, the platform he acquired in 2022. During a deposition for a lawsuit against him, Musk conceded that his posts on X might have harmed the company’s bottom line more than they helped it. He clarified that his […]
Embracing Technological Advancements In a keynote address at the Indo-Singapore Judicial Conference, Chief Justice of India DY Chandrachud underscored the pivotal role of technology, particularly Artificial Intelligence (AI), in reshaping legal research and the judiciary. He emphasized the significance of ethical considerations in the seamless integration of technology into legal frameworks. Promoting Cross-Cultural Exchange Chandrachud […]
SCOPE, an exclusive networking platform for startups, has announced the establishment of a USD 45 million venture capital fund dedicated to driving innovation in the rapidly evolving fintech and gaming sectors. This strategic move underscores SCOPE’s dedication to fostering innovation, collaboration, and growth within the startup community. Focusing on Innovation The newly launched venture capital […]
Challenging Musk’s Assertions CEOs are challenging Elon Musk’s bold predictions about the future of artificial intelligence (AI), offering multimillion-dollar bets to prove him wrong. During a live interview on X, formerly Twitter, Musk asserted that AI is advancing at an unprecedented pace, foreseeing that AI could surpass human intelligence by the end of next year. […]
One of the standout moments from Season 1 of Shark Tank India was the presentation of Navel Fukai, aka the Belly Button Shaper, a rather peculiar product that failed to garner support from the panel. In Season 2, a similar fate befell SAS Fat to Slim, a weight-loss startup that faced unanimous criticism from the […]
As the landscape of the job market continues to evolve, business schools are pivoting towards integrating artificial intelligence (AI) into their curriculum to equip students with the necessary skills and competencies for success. This strategic shift underscores the imperative for graduates to remain competitive in an increasingly tech-driven world, where proficiency in AI has become […]
In his annual reflections note for 2022-23, Kumar Mangalam Birla, the chairman of the Aditya Birla group, emphasizes the importance of forward-thinking strategies in navigating the evolving business landscape. Birla underscores the absence of shortcuts in business building and highlights the current environment characterized by both opportunity and uncertainty. Embracing New Business Dynamics Birla acknowledges […]
Metastable Materials, a startup specializing in recycling lithium-ion batteries using advanced technology, has secured seed funding from Surge, Sequoia Capital India, and Southeast Asia’s rapid scale-up program. The funding round also involved Speciale Invest, Theia Ventures, and several individual investors, although the exact amount raised remains undisclosed. Addressing the Growing Demand for Battery Recycling As […]
The term “creator economy” surged in popularity in 2021 as creators, venture capitalists (VCs), and entrepreneurs capitalized on the thriving industry. With over 70,000 mentions online between January and September 2021, the creator economy has evolved beyond influencer marketing, attracting investments worth billions of dollars. Driving Forces Behind the Creator Economy Investments pouring into startups […]
Laura Ferreira
