Why domestic investors shy away from embracing Indian startups
It is easier to sell the India story to overseas investors rather than their domestic counterparts. While India is emerging as the world’s next startup and innovation hub, thanks to an improvement in its ease of doing business, and becoming one of the world’s top-three startup-friendly ecosystems, investors back home are not actively contributing to its growth story.
Dharmesh Shah wanted to be a mechanical engineer but went on to build HubSpot
This week on Techie Tuesday, we feature Dharmesh Shah, CTO and Co-founder of global marketing and CRM software company HubSpot. Apart from continuing to play with code and take his company to greater heights, he’s now an angel investor in the Greater Boston Area.
Ride-hailing unicorn Ola Cabs sets sights on London
Bengaluru-based ride-hailing unicorn Ola has received an operating licence from the Transport for London (TfL) earlier this year and will soon launch its operations in London. Ola has already begun registering licensed drivers in the city. The team added that Ola is already available to over seven million users across 27 boroughs in the UK.
Anand Mahindra-backed Thinkerbell Labs helps the blind learn
A flagship product of Bengaluru-based Thinkerbell Labs, Annie helps in early schooling of visually impaired students with its gamified audio lessons over Braille-based hardware.
Aadhaar ubiquitous, but updating details is the toughest part
A survey by Dalberg and Omidyar Network India reveals that 95 percent of adults and 75 percent of children have Aadhaar, and about 92 percent of people are satisfied with the unique identity number. However, 90 percent incorrectly believe that providing the number is mandated by law for bank accounts.
Homemaker-turned-entrepreneur Gouri Gupta tasted success with artisanal snacks
Gouri’s Goodies, founded by Gouri Gupta, is a Mumbai-based brand that offers a range of nutritious, healthy snacks that are preservative-free. It has also tied up with actor Mandira Bedi to promote healthy eating.
Uber India is creating art with upcycled ink from pollutant particles
Uber tied up with cleantech startup Chakr and Delhi Street Art for a unique graffiti and street-art show at Lodhi Colony which used paint upcycled from pollutants. This initiative of the rideshare giant comes as a culmination of its #LeaveYourCarBehind campaign, which highlighted the need for citizens to leave their cars behind and adopt ridesharing and carpooling.