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.