Despite of economic falls Indian startups raised a record $2.5 billion in capital in the third quarter of calendar year 2019, the highest in any quarter this year, as a number of new investors have increased deal-making and exits have provided liquidity to investors.
“We will continue to see a convergence of the digital world and physical world. Those who conquer that trend would be market leaders.” – John Phillips, Pepsico Inc
In this episode of Startup Sunday, The Entrepreneurship Cell brings to you insights on the newly formed E-Commerce policy of India which came into force from February 2019.
“If you want to be rich, you need to be financially literate. People with low financial literacy standards are often unable to take their ideas and create assets out of them. We were not taught financial literacy in school. It takes a lot of work and time to change your thinking and to become financially literate.” – Robert Kiyosaki
College graduates spend 16 years gaining skills that will help them command a higher salary; yet little or no time is spent helping them save, invest and grow their money.
In this edition of startup sunday, we will cover a financial research and advisory startup, Crealth Research & Educare.
Continue reading “Startup Sunday || Season 3 Episode 19 || (Crealth Research & Educare)”
In today’s world of technological disruption and a drive towards a digital revolution, there is hardly any sector left, which has not seen the intervention of technology. Big Data, Artificial Intelligence, Machine Learning and concepts like Blockchain technology has touched all aspects of our daily lives. Technological advancement since the ancient ages has reduced human efforts and led towards the progress of civilizations around the globe. Presently the Fourth Industrial Revolution has dawned upon us bringing considerable progress making our lives easier and better, altogether driving the new age of evolution. Continue reading “Startup Sunday Season 3 Episode 16(Rubique- Matchmaker between the Lender and the Borrower)”
We as a country have mostly been conventional when it comes to investing. While the stock market is a treacherous journey to be made alone, the bank FD’s hardly provide a substantial movement for your money. This is where a gamut of mutual funds sprouted up in the last few years. The various mutual funds didn’t go unnoticed by the young working class who are more evolved when it comes to financial planning.
Today’s start up Sunday is about one such place that gives the required momentum to your money. Sqrrl is an AI powered technology start up that deals with rather complicated world of investing and financial planning.
We got into talking with Mr. Dhananjay Singh, co-founder of Sqrrl, who perfectly amalgamated the idea of entrepreneurship with financial planning.
In 1999, Professor Milton Friedman, a Nobel Prize winner in economics stated:
“I think the internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing but that will soon be developed, is a reliable e-cash.”
Nine years later, Bitcoin was born.
Entrepreneurs in India consistently face issues while raising timely credits from banks, despite running successfully. Those that succeed often have to provide some collateral to fund business needs. Constricting lending policies, unbending collateral requirements and slow disbursement times by formal banking institutions drive SMEs towards informal financiers; while these institutions are quick but high interest rates put them down to a chronic cycle of debt. Continue reading “Startup Sunday Season 1 Episode 23 (Capital Float)”