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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102282) | |
22141. Why these serial entrepreneurs chose to found a startup in the talent and recruitment space
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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India
Your Story
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- The Turning Point is a series of short articles that focuses on the moment when an entrepreneur hits upon their winning idea. Today, we look at Jaipur-based startup OLE Rooms, which allows one to rent flats, paying guest houses, etc., for a day to over a year.
- As entrepreneurs who have built and grown our own teams, we have faced this challenge of hiring top talent within our teams,” explains Vikram. This led them to start Talent500 in Bengaluru in 2018.
- AI-based matching: It identifies candidates who are best-fit for jobs based on hundreds of parameters from our years of experience of understanding “ideal profiles”. The startup says that the tool currently shows 80 percent accuracy.
22142. [Funding Alert] Teachmint raises $3.5M from Lightspeed India, existing investors
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
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India
Your Story
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- Teachmint, the live online tutoring platform, has raised $3.5 million from Lightspeed India, along with existing investors Better Capital and Titan Capital.
- Teachmint, the live online teaching platform, has raised $3.5 million seed funding led by Lightspeed India. Existing investors Better Capital and Titan Capital also participated in this funding round. Teachmint had raised its first round of funding in August 2020.
- “Teachers are at the centre of a great education experience, and this is what will truly unleash the power of edtech. Our mission is to enable millions of outstanding tutors in India to take their classes online by leveraging Teachmint as their tech backbone. We are thrilled to partner with Lightspeed and our existing investors to continue to ramp up access for tutors across the country and beyond”.
22143. Teachmint gets $3.5 million in seed funding led by Lightspeed India
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
India
The Economic Times
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- Bengaluru Launched in May, the Bengaluru-based company said it has more than 120,000 tutors spread across 1,000 cities on its platform.
- Teachmint oers a mobile and video-rst solution to oline tutors to take classes online, along with tools to evaluate student performance and other workows
- “Our mission is to enable millions of outstanding tutors in India to take their classes online by leveraging Teachmint as their tech backbone,” said cofounder and CEO Mihir Gupta
22144. [The Turning Point] How a medical emergency pushed this 18-year-old entrepreneur to launch a co-living startup
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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India
Your Story
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- Fintech The Turning Point is a series of short articles that focuses on the moment when an entrepreneur hits upon their winning idea. Today, we look at Jaipur-based startup OLE Rooms, which allows one to rent flats, paying guest houses, etc., for a day to over a year.
- Started in 2018, OLE Rooms is an online marketplace for renting flats, paying guest houses, and hostels without brokerage for as low as Rs 199 a day. The startup claims to have catered to more than 2,300 customers, and is now at a growth stage.
- “We started with one hostel and now we have more than 4,000 hostels, PG rooms, and flats on our platform,” says the Founder and CEO of OLE, an abbreviation for “own linking to entire”.
22145. UP industrial development authorities attract Rs 6,700 cr investment in 6 months
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
Uttar Pradesh
Financial Express
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- for consumer electronics in Noida/ Greater Noida, Rs 300 crore for footwear manufacturing by Von Wellix (Germany) in Yamuna Expressway Authority, and Rs 953 crore by Surya Global Flexi Films for a POPP, BOPET, metalised films production plant.
- The government is also in talks with Maq Software (US) for an investment of Rs 200 crore in software development,
- Ekagrata (Canada) for Rs 746 crore in grain infrastructure equipment, Edison Motors (South Korea) for an investment of Rs 750 crore in electric vehicles Yazaki (Japan) for Rs 2,000 crore in wiring harness and components
22146. This edtech startup helps kids get ‘practical’ with AI, drones
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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India
Your Story
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- Chennai-based startup SP Robotics by Pranavan S and Sneha Priya (2012) offers children practical exposure to high-tech concepts through kit-based courses and offline Maker Labs
- But rote learning is not supportive to a child’s academic growth,” he says. “The best way to teach a student is to help him or her gain interest in the subject.
- The teacher is a very important link for a child to take interest in a subject,” she says. “If you ask any adult about their favorite subject, they will tell you the subject they loved was because of how their teachers taught them in a personalized manner.
22147. उत्तर प्रदेश में 45 हजार करोड़ का निवेश, 40 कंपनियों के इंवेस्टमेंट से बनेंगे 1.35 लाख रोजगार के मौके
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
Hindi
India
Financial Express
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- प्रदेश में 40 देशी और विदेशी कंपनियां 45 हजार करोड़ का निवेश करेंगी|इसमें जापान, अमेरिका, ब्रिटेन, कनाडा, जर्मनी, दक्षिण कोरिया समेत करीब 10 देशों की कंपनियां निवेश करेंगी. इंडस्ट्रियल डेवलपमेंट अथॉरिटी ने (IDA) प्रोजेक्ट के लिए 426 एकड़ जमीन (326 प्लॉट) भी आवंटित कर दिया है|इस निवेश से 1,35,362 लोगों के लिए रोजगार के मौके बनेंगे हीरानंदानी ग्रुप के डेटा सेंटर के जरिए 750 करोड़ का निवेश|ब्रिटानिका इंडस्ट्रीज लिमिटेड राज्य में 300 करोड़ का इंटीग्रेटेड फूड प्रोसेसिंग यूनिट स्थापित कर रही है|Associated British Food Plc 750 करोड़ के यीस्ट मैनुफैक्चरिंग में निवेश कर रही है|कंज्यूनर इलेक्ट्रॉनिक्स के जरिए डिक्सॉन टेक्नोलॉजीज 200 करोड़ का निवेश कर रही है.
- जर्मनी की वोन वेल्लिक्स 300 करोड़ से फुटवियर मैनुफैक्चरिंग में निवेश करेगी|सूर्या ग्लोबल फ्लेक्सी फिल्म्स प्राइवेट लिमिटेड POPP. BOPET, Metalized Films Production Plant पर 953 करोड़ का निवेश करेगी.
- एमएजी सॉफ्टवेयर (अमेरिका) सॉफ्टवेयर डेवलपमेंट के लिए 200 करोड़ का निवेश करेगी|एकाग्राटा इंक (कनाडा) राज्य में ग्रेन इंफ्रास्ट्रक्चर एक्विवपमेंट के जरिए 746 करोड़ का निवेश करेगी. एडिसन मोटर्स (दक्षिण कोरिया) राज्य में इलेक्ट्रिक वेहिकल के लिए 750 करोड़ का निवेश करेगी|याजाकी (जापान) वायरिंग हार्नेस एंड कंपोनेंट्स में 2 हजार करोड़ का निवेश करेगी.
22148. How edtech startup Camp K12 scaled up from a coding bootcamp to a live learning platform
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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India
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- Edtech startup by Anshul Bhagi , Camp K12 began as a coding bootcamp in 2010. But its growth in the last 12 months since it launched live online classes is worth noting.
- Camp K12 conducted interactive workshops and immersive programmes on STEAM (Science, Technology, Engineering, the Arts, and Mathematics) subjects for school kids. Its courses focused on building logic, computational thinking, and mathematical skills, and enhancing the creativity of kids aged six to 18.
- According to the company, its revenues have grown 120X since the last fundraise. Renewal rates have improved month-on-month, and the team size has also gone up from 25 in March to 250 at present.
22149. Saudi Arabia's Public Investment Fund invests Rs 9,555 crore in Mukesh Ambani's Reliance Retail
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Business Today
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- This investment values RRVL at a pre-money equity value of Rs 4.587 lakh crore. PIF also invested Rs 11,367 crore in Reliance Jio for an equity stake of 2.32 per cent
- Saudi Arabia sovereign wealth fund Public Investment Fund (PIF) will invest Rs 9,555 crore (approximately $1.3 billion) into Reliance Retail for an equity stake of 2.04 per cent.
- This investment would value RRVL at a pre-money equity value of Rs 4.587 lakh crore (approximately $62.4 billion), stated Reliance in a statement on Thursday. PIF's investment comes after it invested Rs 11,367 crore (approximately $1.5 billion) in Reliance Jio for an equity stake of 2.32 per cent.
22150. [Startup Bharat] Rourkela-based Greenhive is offering sustainable, plastic-free alternatives for daily use items
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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India
Your Story
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- Greenhive sells eco-friendly and sustainable daily-use products such as bamboo toothbrushes and steel straws among others. The startup claims to record transactions worth Rs 30,000-40,000 per month.
- Our mission is to offer sustainable and plastic-free alternatives for commonly used items. We aim to cater to the consumer-driven society with sustainable alternatives and make this planet a better place to live in,” Abhishek tells
- We mostly sell through our own website and Instagram DMs. We also conduct events across our city to promote sustainable products in society. We conduct events regularly to improve awareness of our brand and help solve the plastic waste problem,” Abhishek says.