Last week, we explored the various ways entrepreneurs are dealing with the pandemic. From coworking startup BHIVE, which is readying itself to remain a key provider of flexible office spaces, to resto-pub chain Casa Piccosa that provided accommodation to 80 percent of its workforce during the lockdown, many startups are doing their best to fight the challenges brought on by COVID-19.
Blume Ventures, which completed a decade in July, has redefined early-stage startup financing in India. In February, just before the coronavirus pandemic peaked, it announced the close of its third fund at $102 million, the first time a homegrown VC firm has raised a Fund III, or secured a corpus of over $100 million.
Conversations around mental health have become equally important to physical health and hygiene, especially during these difficult times. Fintech giant Paytm has been focusing on its employees’ mental health, and the company’s most important message has been to speak up and start a dialogue about what their struggles.
To make education more holistic, integrated, learner-centred, and flexible, the Indian government announced a new education policy – paving the way for a new era in education. Key stakeholders in the edtech sector believe the new National Education Policy 2020 will build a workforce ready for the 21st century.
And finally, here are some key business lessons from FabIndia Chairman William Bissell on how brands can survive COVID-19.
It all started in 1995 when India’s first-ever mobile phone call was made between Kolkata and New Delhi. Today, India is the world’s second-largest smartphone market.
The pandemic has caused a shift in consumer behaviour, with people opting for takeaway, and leading to the rise of cloud kitchens to ensure restaurant-like food at home.
Satpal Malhotra started Weikfield in a small room in Pune in 1956. Today, it holds a strong space in the Indian household, clocking Rs 300 crore turnover.