Entrepreneurship

Oyo founder Ritesh Agarwal explains why he cleans hotel washrooms

Speaking at the second edition of Mumbai Tech Week on March 1, Ritesh Agarwal highlighted the need for a mindset shift

New skilling policy to focus on tapping global demand for skilled workers

India is eyeing deployment of 100,000 care workers every year from 2027 in developed countries

Budget 2025: ME-Card announced for credit access to MSMEs; key features

To facilitate credit accessibility, Union Finance Minister Nirmala Sitharaman introduced a customised credit card scheme for micro enterprises registered on the Udyam portal

Give back entrepreneurs & households their time and mental bandwidth: CEA

Give entrepreneurs and households back their time and mental bandwidth, Chief Economic Advisor V Anantha Nageswaran said while making a strong case for significant roll back of regulations both by the Union and state governments. In the Preface of the Economic Survey 2024-25, he said 'Getting out of the way' and allowing businesses to focus on their core mission is a significant contribution that governments around the country can make to foster innovation and enhance competitiveness. "The most effective policies governments - Union and States - in the country can embrace is to give entrepreneurs and households back their time and mental bandwidth. That means rolling back regulation significantly. That means vowing and acting to stop micromanaging economic activity and embracing risk-based regulations," Nageswaran wrote. Effective government policies also means changing the operating principle of regulations from 'guilty until proven innocent' to 'innocent until proven guilty'. Add

IIT Delhi opens applications for Healthcare Entrepreneurship Programme

The programme is designed to prepare participants to address the challenges and opportunities in India's evolving healthcare landscape

Lead like a Boss: How to Unlock Career & Leadership Potential

A fiscally low-cost solution to China's economic growth challenges

China should focus on policies that stimulate entrepreneurship, investment, and economic growth without adding to the government's debt burden

ADDA to invest Rs 15 cr for expansion in India's society management market

Startup ADDA, which provides software solutions for management of housing societies, will invest Rs 15 crore over the next one year to expand its business in India, its co-founder and CEO San Banerjee said. Established in 2009, ADDA has clients in over 10 countries, including India, the US, the Middle East and Singapore. In India, ADDA has clients in around 80 cities. Its total client base in India exceeds 3,500 Communities. ADDA provides all features required for managing a housing society - visitor management, billing and collection of society dues, facility booking, assets and inventory, among others. There are several advanced features, including violation tracking and AI-powered community helpdesk. "We will be investing Rs 15 crore in India operations to expand our presence in the association's segment in the 7 major cities. The fund will also be used to onboard the developers segment that is more sensitised towards resident experience as well as post-sales automation in the ..

Over 32.5% Indian college students are nascent entrepreneurs: Report

More than 32.5 per cent of Indian students in Indian universities are "nascent entrepreneurs" and actively engaged in starting their businesses, a statement from IIT Mandi said on Monday. As per the key findings of the Global University Entrepreneurial Spirit Students' Survey (GUESSS) India 2023 Report, entrepreneurs actively are likely to be spurred by various policy initiatives in India, a statement issued here by the Indian Institute of Technology (IIT) Mandi on Monday said. The report highlighting the rising entrepreneurial aspirations, career shifts to entrepreneurship and positive university entrepreneurship climate in India was led by Associate Professor, School of Management, (IIT Mandi) Dr Puran Singh and co-authored by Dharmender K Yadav, National Team Member and Doctoral Candidate, School of Management at IIT Mandi. The statement said that the GUESSS is the largest global research project that involves a comprehensive survey on student entrepreneurs worldwide covering 57

Anupam Gupta's The Rise of Asian Paints reveals success of an entrepreneur

If you want to understand what makes Asian Paints such a successful company and how the mind of a first-generation entrepreneur works, this book is a must read

Sahil Arora and Social Entrepreneurship: How a Social Movement is Changing India and Pioneering Sustainability

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Entrepreneurship a viable path to economic rejuvenation: TAC Security head

Entrepreneurship presents a viable path to economic rejuvenation and a thriving entrepreneurial ecosystem can drive sustainable growth, leading cybersecurity major TAC Security founder Trishneet Arora has said. Arora believes that fostering a culture of entrepreneurship can be the key to revitalizing Punjab's economy and addressing its financial woes and the path to Punjab's prosperity lies in collaboration between entrepreneurs and the government. He envisions a synergistic relationship where the government provides the necessary infrastructure and policy support, while entrepreneurs drive innovation and growth. This partnership can create a conducive environment for businesses to thrive, ultimately benefiting the state's economy, he said. "Technology and AI have the potential to revolutionize farming in Punjab by enhancing productivity, reducing costs, and ensuring sustainable agricultural practices," Arora said. TAC Security is listed on the National Stock Exchange (NSE) and ha

From startup to prominence: Wheebox rewriting talent assessment with AI

Wheebox's assessments leverage extensive datasets to identify skills and traits crucial for success, while also ensuring a secure AI-driven evaluation system

Silicon Valley super excited about India, says TiE president Anita Manwani

Silicon Valley is super excited about India, whose leadership has shown a commitment towards entrepreneurship, Anita Manwani, TiE president has said. The Indus Entrepreneurs (TiE) Silicon Valley is a nonprofit organisation in the US devoted to entrepreneurs in various industries. I am super excited and I think Silicon Valley is super excited because we have at the helm of India's leadership a clear commitment to one entrepreneurship to open business with initiatives like the GIFT city, with initiatives that are making investments and repatriation of funds back to the United States, I would say a little easier than what it was before, Manwani told PTI in an interview. So, these are all initiatives that are truly going to enhance the increasing activity in the corridor with India. This is India's decade, and it's India's decade to lose because India is poised for winning innings here. We are all rooting for the leadership, Manwani said in response to a question. A seasoned corporate

Next gen reforms to top third-term agenda, says FM Nirmala Sitharaman

Sitharaman said that among other areas of focus, the government is also going to ramp up investment in the logistics sector which has immense untapped potential along with tourism

StartupTN launches Smart Card to boost entrepreneurs at early stage

StartupTN has launched Smart Card and other new initiatives to meet the needs of aspiring entrepreneurs in the early stage of building their startup. StartupTN is backed by the Tamil Nadu government and aims to nurture a vibrant startup ecosystem in the state to encourage innovation and entrepreneurship-driven employment and economic growth. The Smart Card initiative offers a comprehensive selection of products and services at subsidised rates to entrepreneurs. Some of the services offered pertain to legal and compliance, marketing and business consulting, finance and insurance, and software and information technology, among others. Minister for Micro, Small and Medium Enterprises T M Anbarasan launched the Smart Cards at an event here recently, and gave away 10 Smart Cards to startups on the occasion. In a statement on Sunday, StartupTN said it has collaborated with various partners to provide a diverse range of products and services to equip budding entrepreneurs with essential .

How entrepreneurs can become great leaders

Assam CM unveils scheme to assist 4 mn women to become micro-entrepreneurs

Asserting that all welfare programmes of Assam will be linked to population control measures, Chief Minister Himanta Biswa Sarma on Thursday announced a scheme to develop 40 lakh self-help-group (SHG) members as rural micro-entrepreneurs and help them become 'lakhpati baidos (elder sister)'. The scheme, 'Mukhya Mantri Mahila Udyamita Abhiyan', will be implemented at an estimated cost of Rs 4,000 crore and offered to those SHG members who are willing to undertake a personal business plan along with their group activity, the chief minister said at a press conference here. Sarma also said Assam is following a policy to control the state's population growth. "All our welfare schemes will be linked to population control measures for the benefit of our mothers and sisters", he said. Speaking on the entrepreneurship scheme, he said each eligible woman will be provided with Rs 35,000 over three years in their endeavour to become 'lakhpati baidos'. Over the next two years, each beneficiary

Govt releases SOP for making changes to industrial entrepreneur memorandum

The commerce and industry ministry on Tuesday came out with a standard operating procedure (SOP) for making changes or cancellation of IEM (Industrial Entrepreneur Memorandum). Industrial undertakings exempted from the requirements of licensing under The Industries (Development and Regulation) Act 1951 are required to file information relating to setting up of industries, which is known as IEM (Industrial Entrepreneur Memorandum). Confirmation for receipt of such information by the department for promotion of industry and internal trade (DPIIT) is IEM Acknowledgement. The DPIIT in an office memorandum said that it was receiving several applications from companies requesting for amendments, cancellation and issuance of duplicate IEM. "in this regard, the requests have been considered and it is decided that the... standard operating procedure will be adopted" for these purposes, the memorandum said. For cancellation of IEM acknowledgements, it said that the concerned firm has to giv

Epitaph of a school of entrepreneurship

Four businessmen who died this year might have done things differently from today's founders