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Continued counselling & mentoring support to entrepreneurs emerges a key gap in MSDE brainstorming camp on entrepreneurship development

To foster the growth of entrepreneurship in India, the Ministry of Skill Development & Entrepreneurship (MSDE) has on July 17 conducted a “Chintan Shvir”, aimed at bringing together various stakeholders, including central ministries, state governments, organizations, institutions, financial institutions, and entrepreneurs, to collaborate and create a unified approach towards promoting entrepreneurship. Skill ministers, Dharmendra Pradhan and Rajeev Chandrasekhar attended the sessions. The …

Pandemic lessons: How a young parent couple challenged by pandemic have made a success of their baby carrier business, Butt Baby

Kolkata residents Ruchi Jain and Akash Jain who launched the baby carrier brand Butt Baby in 2021 with an investment of just Rs. 4 lacs achieved a highly creditable Rs.4.25 Cr in little over a year.  This was done by simply reaching out to their sizeable Instagram following. This incredible success was achieved against the backdrop of Akash’s previous businesses not …

A budding tecnopreneur from Salem with his Novatex Electrical Cylinder set to digitize ‘handloom’

Nishanth, 23, who just finished his BTech in Mechatronics at Salem based Sona College of Technology has digitized the Jacquard loom. His innovation, the Novatex Electrical Cylinder, simplifies the process of weaving designs on saris and dhotis, eliminating dependency on thousands of punch cards, which need reconfiguration for every new design. Usually the 7 X 3 inch punch card, which …

Many start-ups are struggling to keep the operations going: Survey

As per a nationwide survey on the ‘Impact of COVID-19 on Indian Start-ups’conducted by Federation of Indian Chambers of Commerce and Industry (FICCI), jointly with the Indian Angel Network (IAN) with 250 start-ups, 70% of start-ups stated that their businesses have impacted by Covid-19. 12% of the start-ups have shut operations and 60% are operating with disruptions. The survey depicts that only 22% of the …

Entrepreneur First and IIT Kanpur Collaborate to Support Early Stage Tech Entrepreneurs

Entrepreneur First (EF), a  UK-based global talent investor and Foundation for Innovation and Research in Science and Technology (F.I.R.S.T.), a section 8 company promoted by Indian Institute of Technology Kanpur (“IITK”) have collaborated to build a strong support ecosystem for aspiring tech entrepreneurs. This partnership will facilitate the journey for exceptional and talented individuals who aspire to start tech ventures. …

Winners of Venture Capital Fund Competition for high-schoolers declared by Atria University

Business ideas by Ishita Yadav from Bangalore, Shivank Joshi from Jaipur, and Ratish Panda & Soham Sen from Kolkata  have been adjudged as the top three winning ideas under Venture Capital Fund Competition for high-school students.  Atria University, Bengaluru, on June 11 announced the results of this India’s first-ever such competition in a virtual conference.   The winning students will …

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