Business

Jio Air Fiber and Jio Fiber Post Paid: Predatory Pricing Policy

29Jul

By Linda AshokNo Comments

Business, India

Jio Air Fiber and Jio Fiber Post Paid: Predatory Pricing Policy

Is Jio Fiber Advance Postpaid Rental really a scam? What is happening with Reliance Jio Internet connection and hidden charges? What you must be aware of before deciding to be a loyal user of Reliance Jio Fiber Postpaid just for the discounts they project when paid in advance? This news concerns all Indians using Jio Internet services. After a lavish out-of-the-world wedding extravaganza of Anant Ambani and Radhika Merchant, it seems Mukesh Ambani has sly plans of recovering every penny. While he reserves the decision to spend his personal wealth the way he wants, it is imperative for the middle income Indian to understand how Reliance is deceiving the Indians in interesting ways serving up a great case study for the interested. First: As a Jio Fiber user when you are due making a pa...

Waves in FinTech: RBI Restricts Paytm Payments Bank

1Feb

By Linda AshokNo Comments

Business, India

Waves in FinTech: RBI Restricts Paytm Payments Bank

The Indian Fintech sector is in a state of shock as the Reserve Bank of India (RBI) restricts Paytm Payments Bank from further transactions. The RBI has just rolled out some serious restrictions on Paytm Payments Bank Ltd (PPBL), starting after February 29, 2024. This move is a big deal for Paytm,that has been one of the earliest enablers of India's digital payment system with great support from the current ruling party of India since demonetization. Paytm's Vijay Shekhar Sharma has some serious recovery to execute to withstand this damage. At StartuptoEnterprise.com, we knew this was coming. RBI Restricts Paytm Payments Bank So, Paytm, which stands for "Pay Through Mobile," is a part of One97 Communications Ltd. They've been a big name in revolutionizing how India handles money digita...

How you Invested in these Astrology Startups in India

18Dec

By Linda AshokNo Comments

Business, India

How you Invested in these Astrology Startups in India

Astrology startups in India are on a boom given the interest of the Indian people in astrology that dates back to the Indus Valley Civilization. Recent years have seen a revival of this time-honored practice, propelled by an influx of tech-savvy entrepreneurs. Aside from dimly illuminated back alleyways and hushed consultations, the astrology industry is exploding online, with chatbots dispensing cosmic advice and AI predicting futures through the analysis of natal charts. The market, which is projected to reach an enormous USD 3.2 billion, is propelled by a powerful confluence of factors. A growing middle class, increasing disposable incomes, and the availability of online platforms around the clock are all factors propelling the demand for astrological guidance. Although initial anxie...

European Startup Funding Coping with US Investor Withdrawal

29Nov

By Linda AshokNo Comments

Business, Europe

European Startup Funding Coping with US Investor Withdrawal

A significant decline in European startup funding is highlighted in a recent Atomico research on the continent's digital scene. This decline is mostly attributable to inflation, rising interest rates, and geopolitical unpredictability. It is anticipated that European startups will raise roughly $45 billion this year, a substantial decrease from the $85 billion they raised in 2022. The yearly report provides a thorough summary of the present situation regarding tech investment in Europe. A noteworthy finding of the paper is the reduction in funding from Seed to Series C, with a more noticeable effect on later-stage firms. It is anticipated that there would only be 7 new unicorns (startups valued above $1 billion) in Europe this year, compared to 48 in 2022 and 108 in 2021. This is indica...

Is the Cost of Hiring Sam Altman Laying off 10K?

21Nov

By News DeskNo Comments

Business, United States

Is the Cost of Hiring Sam Altman Laying off 10K?

In January 2023, after making the news of massive layoffs by 10,000 employees, it seems the acquisition team at Microsoft is in a good shape to hire Sam Altman after his uneprecedented exit from OpenAI. Interestingly, this move comes at a time when the boardroom at OpenAI plays with rapid executive reshuffles. This hiring of Altman by Microsoft as the key stakeholder in AI technology highlights the escalating competition and innovation in the AI space, charging the landscape with formidable AI leadership. OpenAI's Leadership Carousel and Microsoft's Gain The media is still unaware of what turned against Sam Altman leading OpenAI to fire him and already make to reshuffling including, the the appointment of Emmett Shear as the second interim CEO. Microsoft, also an investor in OpenAI,...

A Room for Improvement for Women-led Startups

20Nov

By News DeskNo Comments

Business, India

A Room for Improvement for Women-led Startups

India's growing startup ecosystem is fuelled by innovation and entrepreneurial spirit, with Bengaluru taking the limelight with the highest number of women-led startups. Banglaore's policy framework and culture of risk-taking are the supposed accelerator to this vibrant startup community that records more than 61,400 across India. But is it all bright? Beneat this impressive growth is a challenge that speaks of gender divide in entrepreneurship. This divide despite recent initiatives and progress, remains a significant barrier. Bengaluru's Leadership in the Startup Ecosystem In India, Bengaluru, is the pampered child of technology; it is dubbed as the Silicon Valley of India for playing a pivotal role in accelerating India's startup promise. This startup landscape is not only rich in...

Maharashtra Startup Revolutionizes Onion Farming

19Nov

By News DeskNo Comments

Business, India

Maharashtra Startup Revolutionizes Onion Farming

In Maharashtra, India, a series of droughts between 2013 and 2015 led to a significant shift in agricultural practices. Startup Entrepreneurs from Maharashtra, Saurabh Kadam and Prasad Deshmukh, found an opportunity in onion farming, a crop that could grow quickly and was economically viable, especially during the water-scarce periods. This marked the beginning of their journey towards revolutionizing onion farming through mechanization. Saurabh Kadam, who holds an MTech in Civil Engineering from the Sangli-based Rajarambapu Institute of Technology, decided to switch careers from his construction business to agriculture. Partnering with Prasad Deshmukh, they focused on developing machinery for onion farming. This decision was influenced by the intensive labor requirements and inefficien...

Entrepreneurs of Startup TN Secure Funding from the Government

6May

By News DeskNo Comments

Business, India

Entrepreneurs of Startup TN Secure Funding from the Government

In a noteworthy turn of events, the Tamil Nadu Startup and Innovation Mission (Startup TN), which administers the Tamil Nadu SC/ST Startup Fund, has awarded money to three firms that are managed by entrepreneurs who are members of the Scheduled Tribes. This is the first time that money has been given to tribal firms, marking a significant step towards the goal of inclusive mass entrepreneurship. M.K. Stalin, the Chief Minister of Tamil Nadu, recently handed over sanction orders for investments totaling 9.75 crores in eight new businesses. These new businesses include three businesses owned by tribal people. Because of this investment, the government now holds a stake in each of these businesses as a shareholder. The TAMS Tribal Green Fuel Pvt Ltd firm is committed to green fuel and e...

Good News: AI Creates More Jobs on Fiverr Marketplace

30Jan

By News DeskNo Comments

Business

Good News: AI Creates More Jobs on Fiverr Marketplace

According to the World Economic Forum, the impact of automation on the job market is twofold: it may displace 75 million jobs, but it also presents the chance to create 133 million new ones. So, AI is not just about automation, it also creates more jobs. In this argument, we've also got PwC (Source) sharing vital insights- Artificial intelligence (AI) can revolutionize the global economy's productivity and GDP potential. For this to occur, strategic investments in various types of AI technology are required. Initial gains in GDP will be driven by increases in labor productivity as companies strive to "enhance" the productivity of their labor force with AI technology and automate certain tasks and functions. In addition, our analysis indicates that by 2030, 45 percent of total e...

Defense Tech Startup Anduril Bags a Series E for $1.5B

3Dec

By News DeskNo Comments

Business, Cybersecurity, United States

Defense Tech Startup Anduril Bags a Series E for $1.5B

Costa Mesa, California-based defense tech startup Anduril has closed it big by clocking in a $1.5B in Series E for an evaluation of $8.5B, double the startup's last valuation in June 2021. The Series E funding for defense tech startup Anduril has been led by Valor Equity Partners, among Founders Fund, Andreessen Horowitz, General Catalyst, 8VC, Lux Capital, Thrive Capital, DFJ Growth, Elad Gil, Lachy Groom, Human Capital, Marlinspike, WCM Investment Management, MVP Ventures, Lightspeed Venture and US Innovative Technology Fund. To aid the United States and its allies in combating the "software-defined conflicts of tomorrow," Anduril integrates artificial intelligence (AI), robotics, computer vision (CV), cybersecurity, and new networking technologies to create software and hardware-base...