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What Is The Future Of Coworking Spaces In India?

  • Here is a look at future predictions for the coworking space industry in India.
  • With coworking spaces becoming a primary choice for many new startups and tech companies, there are a number of emerging trends in this space, especially in the Indian market.
  • ” Multi-city operators are likely to be targets of new entrants like Oyo, or even real-estate developers looking to get into the #futureofwork.
  • The share of enterprise in the shared workspace environment will continue to grow, as large companies embrace this trend for their flexible and increasingly, permanent workspace needs.
  • I think as the demand and supply trends shift towards large enterprises, quality of buildings, scarcity of Grade A inventory and quality of product will also start coming into prominence.

Read full article: inc42.com

Govt taps startups but cutting through red tape a key hurdle

  • BENGALURU : A couple of weeks back, Pentagon chief Mark Esper said the US military needs help from private firms and universities to win the artificial intelligence (AI) race with China, because ” whichever nation harnesses AI first will have a decisive advantage on the battlefield for many, many years” .
  • Last week, India’s defence minister Rajnath Singh launched a portal for Innovations for Defence Excellence (iDEX) to facilitate the involvement of startups.
  • This, too, recognizes the need for a strategic push to prepare for new military frontiers as neighbouring China takes rapid strides in hi-tech.
  • The challenges from the defence services come with an assured minimum order quantity once a prototype passes muster.
  • Silicon Valley investor Venktesh Shukla hopes iDEX will condition the bureaucracy and Armed Forces to open their minds.

Read full article: livemint.com

Bengaluru tech gives US, Israeli weapons eyes

  • On a cold September night three years ago, 100 soldiers of the Indian Army’s Northern Command sneaked across the Line of Control into Pakistan-administered Kashmir.
  • Armed with thermobaric rockets, grenade launchers and rifles fitted with infrared imaging systems, they hit six terrorist launchpads simultaneously and made it back without losing lives.
  • Tonbo Imaging built the night vision system that guided the surgical strikes.
  • Tonbo’s imaging sensors are the eyes of the soldiers, the artificial intelligence stack built into it is the brain that enables real-time decision-making and fire control.
  • Computer vision technology has become a significant component of any defence procurement in emerging markets like India.

Read full article: livemint.com

Language learning startup Multibhashi raises capital from Japan’s RareJob

  • RareJob of Japan, which conducts online English tutorials , has made its first Indian investment in language learning platform Multibhashi, top executives at the two companies said.
  • ” The proceeds would mainly be used in expanding the team, improving the technology, enhancing the product with new features and in acquiring new users,” said Anuradha Agarwal, who founded Multibhashi in 2016.
  • ” We look forward to learning from the Japanese player’s experience of having scaled the product and the team in a competitive market.
  • Multibhashi uses a mobile application to teach 11 Indian languages, including English, Hindi and nine regional languages.

Read full article: livemint.com

The Long Coin | OZY

  • Payday won’t be the same next year for the soccer players of Gibraltar United, a team in the premier division of the sport’s league in the British overseas territory.
  • Frustrated by their lack of success, Aggarwal and his team, the Angels, took a different tack: Sell the condoms to men by saying they’re good for their partners.
  • As the Indian government soured on the idea of a decentralized currency, Aggarwal joined a growing internet movement called India Wants Crypto.
  • One $GUAP coin is currently listed at $44 and there are just under 9 million coins in existence, out of a maximum total supply of 90 million.
  • These ATMs allow users to withdraw cash or cryptocurrencies like Bitcoin, Litecoin and Ethereum.

Read full article: ozy.com

Telegram takes off in India as startups drive adoption

  • Getty Images Edtech sector is the largest adopter of Telegram in India.
  • Edtech firms use it to reach test-prep users, companies in other sectors rely on it for influencer marketing, and small businesses love its unique application programming interface (API) and bot feature to engage with customers and analyse data.
  • HalaPlay co-founder and CEO Swapnil Saurav said in the past two years, a single influencer had brought in, through Telegram, nearly 40,000 users for the fantasy sports platform.
  • Patel Wealth Advisors, a stock broking and wealth management firm that shares stock tips and related advice, has around 1.7 lakh subscribers on one of its channels, Minish_Patel, and an average post reach of around 83,900.

Read full article: timesofindia.indiatimes.com

Mindtree Founders To Start $120 Mn Fund For Early Stage Startups

  • After their exit from the IT consultancy firm Mindtree, following the takeover by Larsen and Toubro, the three founders – Krishnakumar Natarajan, NS Parthasarathy and Rostow Ravanan – have decided to start their own $120 Mn fund to invest in tech startups.
  • Earlier this year, the duo set up an investment vehicle called Titan Capital, which claimed to have invested an average ticket size of $100K-$500K in 70 startups.
  • Moreover, Freecharge cofounders Sandeep Tandon and Kunal Shah have set up Whiteboard Capital to invest in startups.
  • Various venture capital firms and other big players from around the world have set up offices in India and are looking to invest in potential Indian startups for returns.

Read full article: inc42.com

Startup India Vision 2024: DPIIT For Cutting Compliance Time To Just 1 Hour/ Month For Start-ups | IndianWeb2.com

  • The Department for Promotion of Industry and Internal Trade (DPIIT) has proposed significant cut in the compliance time to just one hour per month for start-ups as part of measures to ease regulatory requirements for budding entrepreneurs, an official said.
  • The proposal is part of the Start-up India Vision 2024, prepared by the department to promote the growth of budding entrepreneurs.
  • Further, it has proposed providing work orders and pilot projects from the government, ranking of ministries and central public sector undertakings for their increased engagement with start-ups, and organising a global start-up event in the country.

Read full article: indianweb2.com

Why Indian Students Can’t Compete Globally When It Comes To Innovation

  • In India, innovation is still not the epicentre of the education system.
  • In order to achieve the required cultural and attitudinal shift, and to ensure that the ‘Innovation, Startup and Entrepreneurship’ culture emerges as the primary fulcrum of our higher education system, a comprehensive overhauling of our Indian education is necessary.
  • Although, Indian students make substantial gains in mathematics and critical thinking skills in the first two years of their engineering education, as compared to their counterparts in China and Russia, their overall higher-order thinking skills are substantially lower than the Chinese and Russians.
  • It has proposed some radical changes both at the school level and at the higher education level.

Read full article: swarajyamag.com