Why foreign investors trust Indian startups more than China, America

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India’s startup economy is poised to soar to unprecedented heights. Morgan Stanley predicts that the country’s economy will be a worldwide leader.

Some data show how India’s startup economy is poised to soar to unprecedented heights. By 2025, the number of startups in the country is estimated to reach 1.5 lakh. These will employ around 32 lakh people.

Morgan Stanley has recently said several times that India’s economy would be a worldwide leader over the next ten years. During this period, India’s domestic investment will do well, and international investors will be a part of the tale of India becoming an economic giant.

In this fast-paced world, startups will play an important role. The explanation for this is fairly straightforward: international investors do not trust Chinese startups.

American startups, on the other hand, are dependable, but they require investment at a far higher cost than their valuation. In such circumstances, India’s startups are proving helpful to investors in terms of both trust and pricing.

After all, what is it that makes the Indian startup environment so dependable? There are other five causes for this.

The first reason is that India is the world’s youngest country, with an average age of 28 years. The second reason is that India has the most internet users.  The third reason is that India is advancing at an average growth rate of 7 percent.

The fourth reason is that most companies are young and are providing job prospects in the nation itself, where the majority of the youth work, and the fifth reason is that foreign investment has increased even after the dollar has risen.

In such a setting, it is claimed that due to these 5 causes, a significant startup ecosystem is being established here, to offer strength to which 600 million adolescents are present.

Some figures show how India’s startup economy is poised to soar to new heights. The number of startups in the country is predicted to exceed 1.5 lakh by 2025.

These will employ around 32 lakh people. Foreign investment in these areas might reach more than $150 billion. Their combined worth will rise to $500 billion.

This industry is quite thrilled about the recent surge in Startup Funding in November. Obviously, if these projections prove to be right, then India’s entrepreneurs will make a huge contribution to the economy.

This year has mostly been a disappointment for startups in terms of fundraising. However, after falling practically every month since June, November has sparked expectations for startup investment once more.

In November, startups got $ 1.27 billion in investment. This is the highest figure since June of this year.

Due to poor economic development after June, entrepreneurs were encountering a lot of trouble in getting capital. However, analysts claim that to know the true status of startup funding, one has to wait for the next one or two quarters, so that it can be estimated that how the interest of investors in Indian companies is rising. In such a case, it is premature to declare that the worst era of startup fundraising has passed.

According to data through the first week of December, financing in retail and fintech businesses has decreased by 35% compared to previous year. Late stage financing, on the other hand, has declined by 45% from January to November this year compared to January to November last year.

Late-stage financing was $ 29.3 billion last year, but has dropped to $ 16.1 billion this year. In the July-September quarter, funding increased by 58%. At the same time, this drop is up to 91 percent when compared to the July-September quarter of 2021.

In 2018, India’s startup sector received a total financing of $ 12.2 billion. This sum had risen to $17.3 billion in 2019.

The start-up financing number in 2020, which was influenced by the initial wave of Corona, was $ 11.8 billion, but it reached an all-time high of $ 41.3 billion in 2021. So far in 2022, startups have received $ 24.3 billion in financing. This year, enterprise apps, finance, retail, and technology startups have garnered the most money.

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Virgio, a fashion startup founded by former Myntra Chief, raised $161 million

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Fashion startup Virgio, has secured $37 million in a new funding round. The company was  co-founded by ex-CEO executive of Myntra, Amar Nagaram.

Virgio, a fashion business jointly founded by Amar Nagaram, former CEO of Myntra, has secured $37 million in a fresh funding round. The business hopes to establish “a worldwide fashion brand” in the South Asian market.

Virgio’s Series A fundraising was led by Prosus Ventures, Alpha Wave, and Accel, and valued the one-year-old firm at $161 million (post-money). Virgio claims to have been created this year, but has not disclosed the size of its seed fundraising round.)

According to Virgio, customers’ fashion preferences are fast shifting, and they are dissatisfied with the incumbents’ offers.

It is seeking to address this by expediting design, production, and buying processes in “real-time,” providing a platform for Gen Z and late millennials to explore and purchase new stylish items.

Virgio has a large collection of casual, party, and ethnic apparel.

Every week, new items are added, and clients enjoy substantial discounts and free shipping.

Some have drawn analogies between the startup’s strategy and that of the giant Shein.

Virgio’s founder and CEO,  Nagaram stated, “Traditionally, the fashion business has functioned on depth and discount models.”

“At the centre of Virgio is the tech foundation, which is continually listening to emerging trends on social media platforms and anticipating the need for each trend.

This is then integrated into our flexible and responsive supply chain, allowing us to produce the most fashionable, exquisite, and yet affordable range in near real-time.

Thus, Virgio is pioneering the test and scale strategy, making runway fashion accessible and cheap for all consumers whileminimising excess inventory for manufacturers,” said Nagaram, a Flipkart veteran who took over as CEO of Myntra in 2019 before departing the company last year.

According to the business, its full-stack strategy allows it to reduce the traditional lead time of eight to ten months to only one month.

Its eponymous software has already received over 100,000 downloads, according to the company.

(On Sensor Tower, the app displays very few metrics since it is still too tiny.)

Ashutosh Sharma, head of India Investments at Prosus Ventures, stated,

“There is a vast unmet market for branded clothes in India now.

For example, just 25% of women’s fashion is branded clothing.

“The fashion industry in India is thus at a tipping point, driven by changing consumer preferences as a result of social media’s influence, an important Gen-Z characteristic to individualise as a form of expression, and the integration of social commerce with social media platforms.”We believe the startup’s talented founding team is particularly positioned to exploit a huge potential in India’s apparel market,” he said.

Mukesh Bansal, Kunal Shah, Binny Bansal, Bhavish Aggarwal, Vidit Aatrey, Saif Ali Khan, Sriharsha Majety, and Sameer Nigam were among the other entrepreneurs that participated in the round. “

Varaha secures $4M to expand its cleantech business

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Varaha has secured $4 million in a funding round led by Orios Venture Partners. The cleantech startup will use the money to grow  and rapidly scale across smallholder geographies.

Cleantech startup Varaha  has secured $4 million in its early stage seed round of funding.  With the most recent funding, the business intends to engage with Orios, Omnivore, and RTP Global to rapidly scale across smallholder areas.

Orios Venture Partners led the round, which also included Omnivore, RTP Global, Better Capital, and other angel investors including Kunal Shah.

Varaha was established in 2022 by Madhur Jain, Ankita Garg, and Vishal Kuchanur and is based in Gurugram and Bengaluru.

Madhur Jain, co-founder and CEO of Varaha, commented on the fundraiser, saying, “Varaha’s digital platform generates carbon offsets from nature-based solutions. The selling of these offsets will stimulate climate-friendly activities, boost rural communities’ and smallholder farmers’ incomes, and boost biodiversity.  As we quickly grow across smallholder geographies, we are thrilled to embark on this adventure in partnership with Orios, Omnivore, and RTP Global.”

Varaha is modernizing the carbon market with a variety of climate action programmes that are examined using cutting-edge machine learning, remote sensing analytics, and biomass/soil modelling.

Varaha has inked MOUs with several institutions and is now active in six states of India.

Anup Jain, managing partner at Orios Venture Partners, commented on the fundraising effort, saying, “Given the clear effects of climate change, buying carbon credits to offset emissions will soon become a need for all commercial companies.  In order to address this significant market of locating, authenticating, and making the credits accessible for purchase in domestic or international markets by collaborating with Indian farmers, we are thrilled to support and invest in Varaha.”

Nayanthara’s ‘Connect’ Hindi trailer is now out!

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Lady Superstar Nayanthara is one of the most popular actresses in India, although she has never worked in Hindi or made a film in Hindi. Given her large fan base in Northern India, the directors of her upcoming film Connect are releasing the film in Hindi one week after the Tamil version.

The Hindi trailer for the horror film ‘Connect,’ which will be released on December 30th, has been revealed. Connect is a suspenseful horror movie directed by AShwin Saravan and starring Nayanthara, Anupam Kher, and Sathyaraj. The film’s trailer depicts a joyful family who becomes stranded in several areas due to a global pandemic. But it isn’t simply the pandemic that has put a strain on the family.

Nayanthara plays the mother of a teenage daughter, while Vinay plays her husband, Sathyaraj plays her father, and Anupam Kher plays a Mumbai-based priest. Nayanthara’s character is trapped in their home with her daughter, who uses a Ouija board to summon a spirit she wishes to meet but ends up bringing another spirit with her. Nayanthara realises her daughter is possessed, and she must cope with the problem on her own. Anupam, who plays the priest, proposes that the girl undergo exorcism. The rest of the film is about Nayanthara’s efforts to save her daughter.

As this Nayanthara-starrer offers a new type of horror to the public, its popularity has grown. Following the film’s positive reception from audiences worldwide, the producers have chosen to release a Hindi version.

Connect has been a really remarkable picture that is always taking over the hearts of the public, whether it is Ashwin Saravanan’s second collaboration with Nayanthara after Maya or Kher’s comeback to Tamil cinema after a long break. This has compelled the film’s producers to release a Hindi version.

‘Connect,’ directed by Ashwin Saravanan, and produced by Vignesh Shivan through Rowdy Pictures. The cast includes Nayanthara, Sathyaraj, Anupam Kher, and Vinay Rai. The film was written by Ashwin Saravanan and Kaavya Ramkumar and is slated to be released on December 30, 2022.

Lionel Messi’s legacy is forever after winning Argentina’s ‘Cup Of Joy’

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Lionel Messi was the star of the show, scoring seven goals in the competition, including two in the nail-biting final against France.

In a sport that creates superstars every year, what does it take to be remembered as one of the all-time greats? The answer could be both simple and complex. It could be easy to become popular in the world’s most popular sport in today’s day and age, when every move and tackle made, every pass completed, and every goal scored reaches the phones of millions of football fans in seconds. Football is a love for millions of people all around the world, and players are both adored and despised for their weekly performances in club football. However, it is their performance for the national team, particularly in the FIFA World Cup, that earns them a place in the Hall of Fame.

From Alfredo de Stefano to Johan Cryuff, Ferenc Puskas to Lev Yashin, Zico to Michel Platini, there have been countless stars who have generated brilliance on the greens over the years. But when it comes to the greatest of all time, they are all overshadowed by two names: Brazil’s Pele and Argentina’s Diego Maradona. Apart from the excellent abilities and achievements that the two could boast of, leading their respective countries to the World Cup title assured that their names were engraved in gold letters in the annals of footballing history.

On December 18, 2022, another name was added to that exclusive and illustrious list. Lionel Messi. Not that his silky dribbling abilities and countless goals at club and international levels weren’t enough to make him a legend, but winning the World Cup was the icing on the cake.

Messi and his great adversary Cristiano Ronaldo have delighted football fans for over two decades, and anytime the ‘GOAT’ discussion was raised for either, the main point of dispute was the lack of a worldwide trophy.

Ronaldo led Portugal to the 2016 Euro, and Messi led Argentina to the Copa America in 2021, but both were continental triumphs.

The need of the hour in Qatar for these two greats, who may never be seen on the World Cup stage again, was to win the major trophy, and it was eventually an inspired Argentinian team who delivered for Messi.

The magician himself was in the forefront, scoring seven times throughout the competition, including two goals in the nail-biting final against defending champions France.

He broke multiple records on his way to winning the trophy that Argentina has wanted for 36 years since the legendary El Diego did it for them. Messi is now Argentina’s “Messi-ah,” having finally replicated his idol.

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Top 5 cool & easy nail art designs to try at home

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It might be challenging to create beautiful nail art designs on your first attempt. Even though it appears straightforward in the lesson, it is difficult to master. But whether you’re a novice or an expert, there is a nail art design for you.

You might always start with straightforward, doable designs that don’t demand a lot of knowledge. The nicest accessory are well manicured nails. Therefore, the simplest nail art should be done once a week to keep them.Look down for some inspiration!

These instructions are very easy to follow and use only household items.

For beautiful nails, continue reading!

1. Tri Color Cliffs Nail Art

For someone just starting out, this nail art is the ideal choice because it is so basic. Apart from your nail paints, you don’t need any further instruments for this project.

Although specific colours will be used to illustrate this guide, the choice is totally yours! Play around with the colours you choose!

What is required

nail polish in a pale blue color

Luminous nail polish

nail polish in a pale coral color

Method of applying:

Apply a base coat to freshly manicured nails to keep them safe.

On one corner, apply a vertical stripe of the light blue colour while leaving a small area near the cuticle unpainted.

Now begin painting a bit lower from the centre.

Create the final stripe and then lower it.

A three-level pattern is what you should have.

Retrace your steps, beginning below the blue.

Apply the same strategy to the soft coral.

Once a top coat has been applied, you are finished!

2. Bow Nail Art Instructions

It’s time to start using additional tools now that you’ve mastered creating nail art only using nail polish! You may simply create this nail art since it is so unbelievably simple! It may be worn at any time because it is very casual.

What is required

blue-sky nail polish

Luminous nail polish

nail polish in dark color

either a very tiny paintbrush or a nail stripper

Method of applying:

Start by applying a base coat of the sky blue colour to each of your nails. In the form of a heart, as seen in the illustration, paint white over it.

Create two loops at the middle to resemble a bow by following the shape where the white and blue meet with a nail striper or a paintbrush dipped in black nail lacquer.

You are finished once you have applied a top coat to it.

3. How-To: Splatter Nail Art

This is for the creative person in you. All you need is a paintbrush to make a colourful paint spatter design!

What is required

Luminous nail polish

Blue-light nail polish

purple acrylic nails

nail paint in pink

an unbending paintbrush

Method of applying:

You should use white as the foundation colour for all of your nails.

Now for the enjoyable part. Find a stiff brush similar to the one in the picture. You should next dip the brush into the light blue polish, run your fingers through it, and point it towards your nails so that it splatters on them.

For the pink and purple, follow the same procedure. You ought to have lovely nail art with splatters.

Clean the areas surrounding the nails with a cotton swab coated in nail polish remover. For greater accuracy, you may even use a nail paint remover pen.

Apply a top coat to seal it.

4. Tutorial for Chevron Nail Art

Okay, I get what you’re saying. Although it can appear difficult, the best thing is that it is simple.

Red, white, and blue were used for the instruction, but you may use any colours you choose!

What is required

nail polish in red

Blue and white tape, white nail polish

Method of applying:

The foundation for the chevron nail art should be red nail polish.

Put the tape in a suitable location to produce a stencil of a chevron.

Apply the blue polish over it.

Remove the tape after about a minute has passed.

Place the tape in the vicinity of the cuticle as shown, and then paint the area white.

Once more, give it a minute before removing the tape. Finish everything up with a top coat. 5. A Tutorial for Glitter V-Tip Nail Art

Is there a celebration nearby?

The likelihood is that you had intended to go to the salon to get your nails done, but something unexpected happened, leaving you short on time and your nails undone.

This nail art is ideal because it’s quick and simple to complete.

What is required

Nail polish that is black in color

A tape or sticker in the shape of a “V” Silver glitter nail polish.

Method of applying:

Paint the whole surface of your nails in a solid black hue.

As illustrated, place the V sticker or tape corner close to the tips.

Apply the glitter polish to the bottom half.

Before gently removing the tape or sticker, give it a moment.

Add a top coat to complete it.

92-YO man shows how to live a happier & better life at Starbucks

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A 92-year-old man has shared his wisdom with a person he met at Starbucks on how to live a better life. He said to always be honest about your job and to work hard.

It is critical to have a good attitude in today’s world. It is also vital to have a good attitude in order to make life delightful and beautiful.

People are becoming depressed as a result of increased mental stress. People have so many troubles that they commit suicide. Only seniors or elders can guide us in such a predicament. Many people also seek medical advice.

A person has shared the words of a 92-year-old man, on the social media platform LinkedIn. The post written by the person is quite motivational.

According to the post, the individual met the 92-year-old guy at Starbucks. He always takes an autorickshaw from his house and orders coffee for himself. Always walk with the assistance of a stick. The person, who published the Linkedin post, spoke with the elderly man this time.

The 92-year-old man assured the individual that he never said anything unpleasant to anyone. Someone may have wronged him, but he has never wronged anyone.

The elderly man advised: Always be honest about your work and work hard. I’ve never chased money. Never said anything nasty about anyone. Always retain an optimistic attitude.

Giving a vital life advice, he remarked, “Keep your worries away from yourself.  This is the winning formula. Always be cheerful. Prepare to make a difference in your life.”

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Deepika Padukone’s 82°E gets $7.5M to expand its self-care product range, team

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Personal-care brand 82°E secured $7.5 million in seed funding. The startup was founded by Bollywood actress Deepika Padukone.

Deepika Padukone’s D2C personal care firm 82°E (pronounced 82 East) has raised $7.5 million in seed investment from DSG Consumer Partners and IDEO Ventures, as well as numerous ultra-high net worth individuals (UHNIs) and Padukone’s family office.

The funds are presently being used to increase the brand’s personnel, expand research and development (R&D), and introduce new items. It has an R&D centre in Bengaluru to create items in-house.

Deepika Padukone and Jigar Shah co-founded 82°E, a born-in-India-for-the-world modern self-care celebrity brand. The firm released skincare as its first category in November 2022, with the premiere goods being Ashwagandha Bounce moisturiser and Patchouli Glow sunscreen drops. 82°E delivers performance-driven goods by combining time-tested Indian components with potent scientific compounds developed in-house by R&D professionals in its own laboratory.

While researching celebrity enterprises, Jigar Shah, Co-founder, 82°E, says he learned that celebrity brands in India are still in their infancy.

Jigar Shah continued, “On the other side, there are distinct whitespaces and major customer pain points that exist across numerous consumer categories. As a result, Deepika and I envisioned creating a brand from the bottom up that utilises her influence to assist bring answers to some of these pain areas while also providing value to customers and her followers around the world. We are grateful to have received a $7.5 million Seed Round in the ideation/pre-launch stage from famous global consumer investors such as DSGCP and IDEO Ventures, among others, who believed in our vision and assisted us on our path to establish a truly scalable and consumer-centric firm.”

Co-Founder of 82°E, Deepika Padukone, said, “Jigar and I envisioned this business as an extension of my personal as well as professional life. We set out to create high-quality, high-performance items that are a true expression of my ideas and practises. We want to make self-care simple, fun, and effective for everyone. We have diligently selected, intelligently created, and extensively tested our goods to achieve long-lasting benefits with our first category of skincare products. With our debut category of skincare products, we have meticulously sourced, thoughtfully designed, and thoroughly tested our products to produce long-lasting effects,” she added. I am thrilled to have investors of worldwide reputation join us in our mission to build 82°E as a new self-care brand born in India for the globe.”

82°E has already serviced consumers in over 30 countries worldwide and has created capabilities to ship to over 200 countries in its first month of operation. In accordance with its well-thought-out product drop strategy, the firm is well on its way to launching more skincare items in the coming months. All 82°E items are only accessible through its D2C website.

Deepak I. Shahdadpuri, Founder and Managing Director, DSG Consumer Partners, said, “We’ve worked with consumer founders to build world-class enduring brands over the last decade, and with 82°E, we’re excited to collaborate with this passionate, goal-driven founding couple.  We are quite pleased by Deepika and Jigar’s unwavering passion and commitment to constructing 82°E brick by brick.”

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Meet Sheikh Asif: A school dropout who built Rs.2.5cr creative digital agency

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Sheikh Asif is an Indian school dropout who has built a UK-based creative digital agency.  His company, Thames Infotech, clocks as turnover of Rs. 2.5 crores.

Have you ever heard of a youngster dropping out of school and achieving goals that even graduates cannot?

Meet Sheikh Asif, a class 8 dropout from Srinagar’s little town of Batmaloo. He is the CEO and Founder of Thames Infotech, a Manchester-based firm. He is a successful multitalented man with a 2.5 crore yearly  turnover who is also a professional web designer / developer, graphics designer, digital marketing author, and influencer.

Sheikh Asif was eight years old when his father, a valley chief constable, became ill.  As a result, his family’s financial situation deteriorated, and he was forced to leave out of school at the age of eight.

Sheikh Asif was always attracted by computers and was quite  interested in them. With a keen interest in computers, he landed his first job as a data entry operator at the age of 16, earning Rs.1500 per month.

Despite his financial difficulties and difficult circumstances, Sheikh Asif has always had lofty goals and aspired to be an entrepreneur since boyhood.

Sheikh Asif had access to a computer when he was younger and was interested in learning how to use it. But his valley had a significant internet problem: they were still on 2G while the rest of the globe was upgrading to 4G. But that didn’t stop Sheikh from studying and attaining his objectives.

Sheikh Asif worked in a variety of businesses, from a tour and travel firm to a medical agency where he sold medical equipment. He worked hard to meet his fundamental requirements.

Sheikh Asif has previously worked for firms such as Airtel, Vodafone, and Aircel. His life took a change in 2014 when floodwaters swept over the valley, destroying his home.

Sheikh Asif spent all of his funds to rebuild his home after it was destroyed by floods in 2014. He had to start his life over, and it seemed like a new beginning for Asif. He constantly had to encounter some form of difficulties at his every step despite all of his hard effort towards his ambition.

Fortunately, in the year 2015, Asif was given the opportunity to work in Delhi, which opened the door to the start of his prosperous life.

Sheikh Asif’s financial situation improved while he was working in Delhi. His first project was to develop a website for which he would only be paid if the customer was delighted with his work. He worked hard on the assignment and made his customer happy with the results. Following his work in Delhi, Sheikh Asif was given the opportunity to travel to the United Kingdom for a project he was working on in 2016.

He worked inside his client’s garage, where he had to build a logo and website for him. He got paid roughly Rs.7 lakh for his task once it was completed.

This sum gave Sheikh Asif the confidence he needed to start his own firm in the United Kingdom. He also employed more employees. Until 2018, Asif employed about 35 individuals in two offices, one in Kashmir and one in the United Kingdom. It took Sheikh Asif more than ten years and eight different occupations to get to where he is now.

Even after establishing his firm in the United Kingdom, Asif opted to return to India and work for the development of his community.

There was no good internet connection in Asif’s hamlet until 2016. People were still utilising 2G connections at exorbitant fees, roughly Rs.150 for 1GB of data every month. The 2G connection was frequently disconnected in the middle.

Only after 2016 did decent internet connectivity become available and significantly more inexpensive. Sheikh Asif spotted an opportunity in this and began his free online lessons for students in his hometown, where he teaches Digital Marketing, Website Design, and Graphic Design.

After his free lessons became popular, he began receiving inquiries from all over the world, including Australia and the United States.

Through his free online lessons, he now educates youngsters from all around the world. Sheikh Asif, in addition to teaching, is a mentor to many young entrepreneurs who wish to establish their own businesses. Sheikh Asif has taught over 900 students from all over the world about Designing and Digital Marketing. He has also assisted over 40 firms in growing digitally, and his major source of revenue is his own company, ‘Thames Infotech,’ which he founded in the United Kingdom.

Sheikh Asif says, “There are no prerequisites for being an entrepreneur. You must be willing to take risks in order to begin your entrepreneurial path.”

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First Web Series Featuring Real Transgender People “Project Angels” to Commence Streaming from December 20, Exclusively on ‘Mask TV’

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Mumbai (Maharashtra) India: The audiences’ content palette has been changing constantly and so does narrating of stories and their prominent characters. Imagine showcasing contents with real transgender people on board playing the main protagonists and that too for the first time in the history of Indian entertainment which sounds surprising. 

 Mansie Bhatt is creating a buzz with her debutant venture. It is an exceptional web show  titled as “Project Angels” and boasts of cast featuring real transgender people. 

Sharing her vision on her upcoming project, Mansie Bhatt, the conceptualiser, writer and director of “Project Angels” says, “This show has been closer to my heart since long. I have also been observing their plights. I come from a filmy background and our family has made popular shows which were aired on Doordarshan. I was toying with the idea of making something with real transgender people. They are Navya Singh (anchor), Alfiya Ansari, Zoya Khan, Garima Grewal, Sonam Khan,  Aafiya Mukri, Saiba Ansari, Simran Khan, Khushie Parghi and Afreen Shaikh. There are 10 of them who are facing the movie camera for the first time and with utmost ease. Apart from the natural activities like us they also participate in a seasoned fashion show. They are beautiful and passionate in their new avatars and we got along well. Even after the  recognition accorded by the government for these ‘third gender’ these are few of those community who still remains neglected.”

As the buzz gathers momentum, the young maker excitedly adds, “Being the first of its kind the stories have been doing rounds. It will be a 6-episode original series of 25-minutes duration each and will be exclusively streamed on the new OTT platform – ‘Mask TV’ from 20th December onwards. I’m glad and overwhelmed  that my brother, Chiranjeevi and my parents – Sanjay and Anju who trusted me and supported my endeavor. “

The platform comes with a user-friendly app that can be downloaded easily from Google Play, Apple and Jio.

Google

https://play.google.com/store/apps/details?id=com.masktv.app

(Promo of Project Angels)