Financial Challenges: A New Landscape The year 2023 marked a transformative period for startups, navigating a landscape with a 73% reduction in venture capital (VC) funding. Unicorns such as Byju’s, Swiggy, and Ola faced valuation markdowns, while others, like Frontrow and CarDekho,…
Varun Beverages Ltd (VBL), a prominent PepsiCo franchise bottler globally, recently announced its strategic move to acquire South Africa’s The Beverage Company Ltd (BevCo). This expansion aims to strengthen VBL’s presence in Africa and tap into the lucrative South African soft drinks…
The year 2023 witnessed a wave of closures in the Indian startup ecosystem, influenced by a combination of funding challenges, adverse market conditions, and regulatory headwinds. In this blog, we delve into the stories of 15 startups that faced the harsh realities…
Despite a historical reputation for being unfriendly to business, Kerala is quietly undergoing a transformative journey in the startup realm. This blog explores the emergence of Kerala’s startup community, challenging preconceived notions and positioning the state as a major player in India’s…
Physics Wallah, a prominent Indian edtech unicorn, has opted for strategic layoffs, citing a performance-based evaluation process in response to a challenging funding environment. The move aims to align with investor expectations for sustained profitability and efficient operations. Performance-Based Evaluation Addressing the…
Nike has initiated legal action against New Balance and Skechers, alleging patent infringement related to Nike’s innovative Flyknit technology. The lawsuit, filed in Massachusetts and Los Angeles federal courts, targets New Balance’s Fresh Foam, FuelCell, and Skechers’ Ultra Flex, and Glide Step…
WeWork, once valued at $47 billion in 2019, is facing severe financial challenges, and there are reports that it may file for Chapter 11 bankruptcy protection. This decline in value has been rapid, and the company’s stock plummeted by 50% in one…
President Droupadi Murmu, during the Foundation Week of the Indian Institute of Management (IIM) Bangalore, highlighted the importance of ethics in business and urged future wealth creators to draw inspiration from Mahatma Gandhi’s principles of life. She emphasized that success without ethics…
Across the globe, the issue of overworked individuals has profound social, economic, and health implications. This article sheds light on countries where overwork is a prevailing concern and discusses its impact on society and individuals. Mexico A Struggle with Overwork Mexico ranks…
In recent years, the Indian startup ecosystem has experienced a significant surge, with several key factors contributing to this remarkable growth. What are these key factors? Demographics: India’s population of over 1.3 billion provides an extensive market opportunity. This vast customer base…
