ENTREPRENEURS UNDER 30
PESO to formulate safety norms to allow petrol pumps within 30-50 mtrs of habitation: Piyush Goyal
Commerce and Industry Minister Piyush Goyal has instructed PESO to develop safety guidelines for petrol pumps to operate near residential areas, offered concessions for women entrepreneurs and MSMEs, and chaired a meeting to boost PESO's efficiency. He emphasised formulating guidelines in collaboration with CPCB and MoPNG, QR codes for cylinders, and potentially extending licence durations. Stakeholder feedback will inform further committee decisions to streamline regulatory processes.
Indian entrepreneur shares plight of Schengen Visa delays, says even Rs 4 lakh and months of waiting aren't enough
An Indian investor based in London, Aashima Arora, missed an international flight despite spending over Rs 4 lakh and waiting months for a Schengen visa to visit Denmark. Arora, a venture capitalist at LocalGlobe, expressed frustration over the lengthy visa process, highlighting the impact on her business plans. The wait time for Schengen visas remains particularly high for Indian travelers.
Lesson for entrepreneurs: What are the common mistakes startup founders make and how to avoid them?
India has the third largest startup ecosystem in the world, with 1.17 lakh entities (DPIIT), nearly 1,710 venture capital funds, 794 accelerators and incubators (Tracxn), and several government initiatives like Startup India. Despite this fervour and support, financial and otherwise, the startup journey is extremely difficult.ET Wealth lists the typical mistakes most founders make and tell you how to tackle these
Vivek Bindra announces program for 100 selected startups to help them become IPO-ready
The number of startups in India has surged from 400 in 2016 to approximately 1.14 lakh. To promote startups Vivek Bindra has announced a program to aid startups in achieving IPO listings. With support spanning funding, technology, and marketing for 30 months, the initiative aims to propel 100 selected companies towards IPO readiness.
Meet India's brightest young minds: Forbes unveils '30 under 30' Asia list
Forbes recently unveiled its 9th edition of the "30 Under 30 Asia" list, showcasing young leaders and innovators under 30 across the Asia-Pacific region. Among the Indian talents are Pavithra Chari of Shadow and Light, known for musical prowess, and Arpan Kumar Chandel, aka King, a rapper. Kush Jain co-founded ORama AI, aiding the visually impaired in learning Braille. Kunal Aggarwal's Credflow offers cashflow management for SMEs, while Aalesh Avlani's Credit Wise Capital provides innovative motorcycle loans. These young Indians represent diverse fields and highlight exceptional talent and entrepreneurial spirit.
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Forbes 30 Under 30: Statiq founders Akshit Bansal, Raghav Arora & TDC founder Bhagya Shree Jain find a spot
Forbes has released its ninth edition of the "30 Under 30 Asia" list, celebrating 300 young entrepreneurs, leaders, and trailblazers under 30 driving innovation and transforming industries across the Asia-Pacific region. The list includes India's Akshit Bansal and Raghav Arora, co-founders of Statiq, and Bhagya Shree Jain, Founder of The Disposal Company. Sharify Services, founded by Bansal and Arora, offers a nationwide network of charging stations for electric vehicles.
Centre drawing up road map to invest in women entrepreneurs
Banks and insurance firms will launch campaigns and leverage digital banking units (DBUs) to enhance outreach, officials said, adding that a roadmap with quarterly targets is also being discussed.
India's newest billionaires list include a doctor, a CA and an MBA graduate who gave up a Rs 30,000 job
India has seen a surge of 25 new billionaires according to the latest Forbes list. The Indian stock market's bullish trend has propelled a record-breaking presence of 200 Indian billionaires on Forbes' 2024 list, up from 169 the previous year. New entrants include Dr. Naresh Trehan, a renowned surgeon turned healthcare entrepreneur, Vijay Agarwal, managing director of Action Construction Equipment and Motilal Oswal
Transformative policy initiative
For startups spearheading indigenous EV solutions, this presents an invaluable opportunity to leverage global expertise and expedite technological advancements toward localised production under the Make in India initiative. Nevertheless, while the new EV policy marks a significant stride forward, challenges persist on the road ahead.
Voice of pod: Why entrepreneurs are turning into popular hosts of podcasts
A marketing expert, who has worked with a unicorn founder on their podcast, points to two factors behind this chat show zeal. “Capital is scarce. It goes to people with high visibility. Also, while it takes crores of rupees to pull off traditional advertising, podcasts are low-cost with a massive impact because they work as content,” he says, requesting anonymity.
Voice of pod: Inside India's entrepreneur-led podcast boom
Entrepreneurs are turning into popular hosts of podcasts, which double as personal branding exercise as well as indirect advertisement for their companies and their guests.
Bounce-back tips from Gautam Adani: Five mantras for entrepreneurs
Gautam Adani, Chairman of Adani Group, shared his entrepreneurial journey and key principles for success at a recent YPO event. He spoke about the importance of resilience, managing complexity, embracing local models, withstanding criticism, and staying humble in the face of success.
How to improve your team's performance: Use these 8 models
A mental model is a summary or compressed version of how a thing works. Let’s consider how you can apply some of these models as a team leader.
Walmart sourced goods worth over $30 billion from India in last two decades
Walmart is encouraging MSMEs (Micro, Small and Medium Enterprises) and entrepreneurs with proper training and believes that there is a tremendous opportunity to continue to contribute to India's growing economy, she said.
Zepto founders top Hurun India's list of 'Top 100 under 30'
Quick commerce app Zepto's founders Kaivalya Vohra (21 years) and Aadit Palicha (22 years) were on top of the Hurun India's inaugural edition of the 'Hurun India Top 100 Under 30 List 2023' showcasing 100 Indian entrepreneurs aged 30 years and below.
ET 30 Future Unicorns of Delhi-NCR report launched at the ET Soonicorns Summit 2023: The next league of disruptors, innovators and category creators forging sustainable growth
At the Delhi-NCR edition of the ET Soonicorns Summit 2023, eminent personalities and ET Editors took the stage to unveil the ET 30 Future Unicorns of Delhi-NCR report, produced in partnership with venture intelligence firm Tracxn. A storehouse of information, insights and analysis, the report is a comprehensive resource on the 30 high-growth soonicorns, positioned to power sustainable growth across sectors and build from India for the world.
Indian companies represent over 30% of Dubai’s startup community, space for more: Mohammad Ali Rashed Lootah, Dubai Chambers
“We would like to see more Indian firms take full advantage of the emirate’s strategic position as a leading global trading and logistics hub,” says Mohammad Ali Rashed Lootah, President and CEO of Dubai Chamber of Commerce & Industry.
Flipkart founder Binny Bansal may invest $25-30 million more in Ankit Nagori’s Curefoods
Bansal, who made a complete exit from Flipkart in August by selling his remaining shares in the ecommerce firm he cofounded with Sachin Bansal in 2007, has accelerated his personal investments, writing significantly large cheques in startups such as PhonePe and Curefoods.
Parag Desai: The man under whom Wagh Bakri’s turnover jumped to over Rs 2,000 cr
Parag Desai, executive director of Gujarat Tea Processors and Packers and a key figure in the Wagh Bakri tea brand, tragically passed away after suffering a brain haemorrhage. Desai fell while trying to protect himself from a group of aggressive street dogs during his morning walk. He played a crucial role in the growth of the Wagh Bakri Tea Group, leading its sales, marketing, and exports division. Desai was also involved in sustainability projects and had interests in travel and wildlife.
Fat CEO salaries come under the gaze of shareholders and boards
Remunerations paid to top bosses in corporate India are increasingly coming under scrutiny, just as the gap between salaries of workers and top bosses widens.
Ratan Tata shares post looking for owners of lost dog, netizens hail him as 'legend' for humanitarian act
Industrialist Ratan Tata has taken to social media to appeal for help in reuniting an abandoned dog with its owner. In a heartfelt Instagram post, Tata shared the story of the lost canine and asked for any leads or evidence of ownership. The post quickly gained support from followers, who praised Tata for his kindness and advocacy for animals.
Many companies from Japan, Korea, Europe and North America want to take part in India's growth story: Hans-Paul Burkner, BCG
“I do not like the term China Plus One or Europe Plus One. It makes India look like an appendix to somebody else and that certainly is not acceptable. India has enormous potential in its own right and that is why the plus one is the wrong term in my view.”
Aryan Khan turns entrepreneur, launches new fashion brand; proud dad SRK to be brand ambassador
The teaser ad for the brand stars his father, Shah Rukh Khan. Incidentally, it also marks Aryan's directorial debut.
Behavioural genetics: Unlocking the DNA of successful entrepreneurs
Genetic insights can help us identify our natural tendencies, paving the way for success by following the path of least resistance. For those impatient for success, understanding our DNA assures the fastest route to our goals.
STEP unveils strategic partnership with FICCI FLO to empower women entrepreneurs
STEP aims that the strategic partnership with FICCI FLO would help to empower women entrepreneurs throughout the country.
Ritesh Agarwal, founder of hotel chain OYO, invites PM Narendra Modi to his wedding
Ritesh Agarwal, the founder of Oyo Rooms, invited Prime Minister Narendra Modi to his wedding next month and shared pictures of their meeting on social media.
Twilight of entrepreneurs in China as more leave the country
It has been a rough year for their company. A deal to sell a controlling stake to the Blackstone Group in New York fell apart when regulators failed to approve it. Soho China’s stock has lost more than half its value in the past year.
Rich List: India's wealthiest self-made entrepreneurs under 40
Indian-born businessman and founder of Media.net Divyank Turakhia topped the list with a wealth of Rs 12,500 crore, followed by co-founders of BrowserStack Nakul Aggarwal and Ritesh Arora with a wealth of Rs 12,400 crore each.
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