The 22-year-old CEO, while speaking to Y Combinator CEO Garry Tan, urged entrepreneurs to push for category-defining outcomes, and aim to build the dynamism seen in markets like the US and China
The company plans to use the fresh capital to support technology development and international expansion efforts.
With Mirchandani’s untimely demise, venture capitalists recall how he helped shape them as investors and other prominent startup founders urged entrepreneurs to prioritise their health.
In the report, about 50 percent of founders see fundraising becoming easier over the next year. However, over 55.5 percent of the founders which makes up about 139 in total said that startups need to have a minimum runway of about 18 months.
While a majority of the departing executives are going back into the ecosystem and starting a new business, a small portion of them have chosen to simply change their sectors. The remaining are going back to safety.
Indian founders expect OpenAI’s progress to slow down, and feel that Microsoft CEO Satya Nadella should allay fears
Number of unicorns & startup IPOs have reduced considerably in the last 1 year. We take a look back at what's happening in the startup ecosystem and how much has changed for Indian Startups in the last 1 year. Are issues like high valuation and governance becoming a cause of worry for founders & VCs alike? Stacy Pereira speaks with Siddarth Pai Managing Partner, 3one4 Capital & Dheeraj Jain Founder, Redcliffe Labs to understand what's in store for startups in Samvat 2080.
In a wide-ranging interview, Prime Minister Modi also spoke about how different countries need to work together to combat inflation, the damage from freebies and fiscally irresponsible policies, how climate change is a shared reality for the world and much more.
Many founders have alleged that the monies committed by the sharks on the show never reached them, in spite of chasing them to close. Sharks say deal closure takes time and that founders often do not comply with agreed terms.
Ashneer Grover said, "You need competence in life; any smart founder/employer always hires for competence, not degree."
The next year is likely to be tough for many SaaS firms. However, segments such as generative AI, PaaS offerings, and Low Code/No Code platforms, cloud security-based software may gather more steam in 2023.
The Infosys journey began on a wing, a prayer and a sum of $250 in 1981. Today, it has a market cap of $83-$84 billion, revenue of above $16 billion and an employee base of over 3.35 lakh. It is also one of India's most respected companies. To mark 40 years of this journey, we have a very special and one-of-its-kind interview with the iconic founder of Infosys NR Narayana Murthy and his wife Sudha Murty, who not only bootstrapped Infosys with $250 but is also a hugely successful author and a dedicated philanthropist. Over the course of the interview with Chandra R Srikanth, they speak about their journey, the struggles, their children and their life goals. Don't miss it!
Global Fintech Fest held in Mumbai last week gave fintechs the much-needed adrenaline shot as they battle slowdown and regulatory squeeze and provided a platform to showcase why their growth is crucial to change India’s financial landscape.
The sentiment suffused thousands of founders, investors, bankers, and advisors among others, who attended the India Unicorn Summit 2022 arranged by TiE Mumbai at the exuberant Jio World Convention Centre in Mumbai last week.
Harish Uthayakumar, co-founder of students' community Bluelearn, was mentioned in Forbes' 30 under 30 list. His dad's priceless response to it has won internet.
Orios Venture Partners also advised founders of its portfolio companies to close deals with investors and avoid waiting for better offers as there might not be any
Envision's glasses provide wearers benefits like detailed descriptions of the settings they are in, ability to make video calls and turn text into speech.
They double as models, photographers, copywriters and insight miners. Meet early-stage startup founders who are weaving their brands’ stories.
Gangwal is away in the US where he is based and is not attending the AGM
_356x200_0740_356.jpg?impolicy=website&width=135&height=80 "Drama in media is distracting, says Sikka")
Infosys chief underplays dispute with Narayana Murthy at an investor conference.
Amid the ongoing conflict between Infosys' Board and its founders, its CEO Vishal Sikka is scheduled to meet institutional investors tomorrow at an event in Mumbai.
As the rift between founders and its Board widens at Infosys, its former CFO V Balakrishnan today said an interim chairman should be appointed at the earliest to "effectively" engage with its billionaire co-founders.
This time it is Infosys that is caught up in the net of the 'bitter boardroom battle' as the rift between the founders and the board is out in the open. But, Kiran Mazumdar Shaw, Independent Director at Infosys says, “these are not governance issues, these are differences in values and perceptions.â€
Deutsche Bank is also a part of Coal India divestment process and expects a good response for that took.
Infosys shares fell about 4 percent at open, before recovering some lost ground to trade 3.4 percent lower, after a block-deal sale of 32.6 million shares reportedly belonging to founders of the firm went through this morning.
