.@comsochrc's Early Stage Symposium is back to provide startups with:
🚀Cash prize and incentives worth INR 80K+
🚀1 on 1 mentoring with top investor network
🚀Unparalleled feedback from industry leaders
Register now at: https://t.co/lbRd0e9wxE
.
India is all set to outspace US in E-commerce user base in next 2 years. By 2027 the user base is expected to double over pegging the industry’s valuation at whopping $150 billion.
#ecommerce#growindia
GST collection exceeds Rs. 1.4 lakh crore mark for the sixth straight month. With a whooping increase of 28% in the collection of goods and services tax, the collection remained above the Rs. 1.4 lakh crore mark for the sixth straight month in August.
#GST#India#taxCollection
Semiconductor dearth have been a wreaking havoc.
To support growth, #AIC and T-HUB has brought a 6 month long programme to assist semiconductor startups with right mentorship and access to funding channels and networking opportunities.
#growsemis#startups
Uber and Twitter investor #sacca funds back Bengaluru based startup preparing its first electric scooter with $11 million. #River aims at filling the gap in Indian two-wheeler space and providing sustainable scooters with a personality.
#EV#lookforvoids
Reversing the #bearish view, the total investment by FPIs in the #IndianMarkets stands at $3.5 Billion since July. Should we expect new highs soon? Let's see if the rally continues in the future.
#Economy#StockMarket#Investments
Greetings from the Commerce Society, Hansraj College!
The digital payments war is taking new turns every day. From tech giants to fintech start-ups, everyone is trying to exploit the exponentially growing digital arena of the country.
Mukesh Ambani, Gautam Adani now richer than Mark Zuckerberg
#Meta's stock fell 26%, erasing over $200 bn in the biggest ever single-day market value wipeout for a US Company. Zuckerberg lost $29 bn in net worth as Meta Platform Inc's stock marked a record one-day plunge.
Billionaire Gautam Adani-led #AdaniGroup and South Korea's largest steelmaker #POSCO have signed a non binding pact to explore business opportunities in India, including setting up of a green steel mill in Gujrat.
Investment is estimated to be up to $5 billion.
Greetings from the Commerce Society, Hansraj College!
“Gen Z is changing the social landscape. Marketers better take note or they won’t keep up.”
Born between 1996 and 2010, this generation values brands that are creative, bold, and funky.
#Avataar, an AI and computer vision platform announced a $45 million Series B #funding round led by Tiger Global with co-participation from existing investors @Sequoia_India. Avataar powers the largest global eCommerce marketplaces and leading D2C brands.
#FinMin releases the 10th instalment of #revenuedeficit grant to states.
The ministry on Thursday, released monthly revenue deficit grant to 17 states totalling Rs 9,871 crore. So far, an amount of Rs 98,710 crore has been released to 17 states in the current FY.
#Budget2022
Greetings from the Commerce Society, Hansraj College!
Let’s hear the drum rolls for the first post of our brand new series - “Who Is Winning?” which examines competitors in different markets and establishes the winner amongst the same.
With 27% increase in the sale since second wave of #COVID19 , @TataMotors , the maker of Nexon SUV, has overtaken @HyundaiIndia to become the second-largest seller of passenger vehicles in the domestic vehicles market.
https://t.co/swJcfBE4py
Remembering the startups we lost in 2021
Abundant Robotics
Chanje
Dark Sky
Katerra
Loon
Houseparty
Pearl Automation
Fry's Electronics
LG Phones
Visionrare
Nuzzel
#Tesla Inc. Chief Executive, #ElonMusk has exercised all of his options expiring next year, signaling an end to his stock sales that triggered a fall in the share price of the world's most valuable carmaker.
#Chanel welcomes the new Lady of the House
In a rare and #trendy move, the French luxury fashion house Chanel names Indian born Leena Nair (52) as the new Global Cheif Executive Officer (CEO).
Adding 33 #unicorns in a single year has helped India displace the United Kingdom to be #third in the list of countries that are home to such enterprises valued at over $1 billion each.