India’s e-commerce is set to grow faster than expected -- at a compounded annual growth rate of 19.6 percent, according to GlobalData, a London-based data analytics firm. This would give the Indian e-commerce sector a market size of Rs 7 trillion by 2023. And startups are gaining from this. … [Read more...] about Excitement is back in startup world as venture capitalists return
Crowdsourced funding for startups
In late March, the founder of a consumer internet startup created a special team to plan and deal with the pandemic. This team’s aim was to figure out where to cut costs, by how much, when business returns, whether more funding is needed, how to assuage employees and figure out a strategy for the next six months at the very least. But the team’s progress was slow, a consensus was hard to build, and they did not anticipate the real damage. Three months on, the founder realised, what this special team was trying to do, was the role that Chief Financial Officers (CFOs) play at most companies. … [Read more...] about For startups, the CFO role comes of age
Online education is among the more profitable businesses among startups, as revenues are real, parents are willing to pay for quality education and costs are mainly hiring teachers and a technology platform. Unlike other sectors, discounts or cash burn is less common. … [Read more...] about Eruditus raises $113 million from Chan Zuckerberg fund, others; valuation doubles
“We want to improve the product before launching the premium version. No one will pay for vanilla cloud storage. But I do think if we offer smart storage, people will pay for it. If you upload your documents they automatically get categorised and searchable. You are uploading so much data, the data should start working for you,” he said. … [Read more...] about This Indian startup wants to be the new CamScanner, without abusing data. Will it work?
There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine. … [Read more...] about UV air filters to holographic lift buttons, startups offer tech solutions to make offices Covid-safe