Tuesday, 30 June 2020

Startup News: How this serial entrepreneur started up during COVID-19 lockdown and raised funding too


As I said earlier, most of the edtech startups looking at teachers or trainers as a commodity. But, only a few startups like BitClass are giving value to teachers and their teaching proficiency.

Bengaluru-based BitClass, co-founded by Gunjan Kejriwal and Utsav Tiwary enables independent teachers and coaches to schedule and conduct live classes in less than five minutes. Started in April this year, the platform has already delivered 35,000 minutes of live classes.

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How this serial entrepreneur started up during COVID-19 lockdown and raised funding too

Bengaluru-based BitClass enables independent teachers and coaches to schedule and conduct live classes in less than five minutes. Started in April this year, the platform has already delivered 35,000 minutes of live classes.

Just Released, Startup Genome Report Ranks Top 30 Global Startup Ecosystems


Startup Genome recently published The Global Startup Ecosystem Report 2020 with some interesting findings. Startup Genome has been tracking the growth of startup ecosystems around the globe since 2012.

It ranks the top ecosystems by a number of metrics including performance, funding, connectedness, talent and knowledge.

Silicon Valley is at the No. 1 position. New York remains at No. 2, now newly tied with London. Beijing is at No. 4, and Boston is No. 5. Tel Aviv and Los Angeles tied at No. 6.

Bangalore is the only city from India finding place at 26th rank in Top 30 startup hubs of the world.

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Just Released, Startup Genome Report Ranks Top 30 Global Startup Ecosystems

Startup Genome recently published The Global Startup Ecosystem Report 2020 with some interesting findings. Startup Genome has been tracking the growth of startup ecosystems around the globe since 2012.

Indian Government launches PM FME scheme to help micro food processing enterprises


The Indian government on Monday launched a Rs 10,000 crore scheme for micro enterprises which offers 50% subsidy for storage and transportation to prevent distress sale by farmers.

The scheme, called Pradhan Mantri Formalisation of Micro Food Enterprises (PM FME), aims to bring in new technology, apart from affordable credit to help small entrepreneurs penetrate new markets.

The scheme will be implemented for five years until 2024-25. It will generate investment of Rs 35,000 core, generate 900,000 jobs and help 800,000 units.

Under the PM FME scheme, micro enterprises will get 35% subsidy on project cost, with a ceiling of Rs 10 lakh. The beneficiaries will have to contribute at least 10% of the project cost while the balance will come from loans. Nearly 200,000 micro enterprises will get credit-linked subsidy support.

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Govt launches PM FME scheme to help micro food processing enterprises

New Delhi: The government on Monday launched a Rs 10,000 crore scheme for micro enterprises which offers 50% subsidy for storage and transportation to prevent distress sale by farmers.

Covi-19: Bharat Biotech's Covid vaccine gets DCGI nod for clinical trials


Indian vaccine manufacturer Bharat Biotech has announced obtaining the approvals of the Drug Controller General of India to initiate phase-I and II human clinical trials for the vaccine candidate for Covid-19 it developed in collaboration with the National Institute of Virology, part of the Indian Council of Medical Research.

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Bharat Biotech's Covid vaccine gets DCGI nod for clinical trials

Indian vaccine manufacturer Bharat Biotech has announced obtaining the approvals of the Drug Controller General of India to initiate phase-I and II human clinical trials for the vaccine candidate for Covid-19 it developed in collaboration with the National Institute of Virology, part of the Indian Council of Medical Research.