From finding it difficult to convince companies on the benefits of operating in a coworking space to having Pepsi operating from one of its locations, Innov8 has come a long way. Founder and CEO of the coworking space, Ritesh Malik, talks about the genesis of the idea and the road ahead.
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From finding it difficult to convince companies on the benefits of operating in a coworking space to having Pepsi operating from one of its locations, Innov8 has come a long way. Founder and CEO of the coworking space, Ritesh Malik, talks about the genesis of the idea and the road ahead.
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In This Week's Startup Buzz (TWSB) find out what's the big offer in Amazon and Flipkart, why Patanjali bets big on e-commerce and hopes to sell products worth Rs1000 crore in 2018 and why startups batting for Aadhaar in SC.
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Deepak D. Prakash, Chief Business Officer, Instamojo, talks about the changing funding ecosystem for MSMEs in India and why the 6.5 crore strong sector represents a good business opportunity. Speaking to ET Online, Prakash says MSMEs need simple tools to conduct their business and Instamojo aims to fill that demand. Watch now.
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#crypto #blockchain #startup
Crypto Vs Blockchain Startup
There are many Indian companies working actively in the crypto space. India's crypto industry attracts foreign funds, but local investors remain wary. Cryptocurrency has seen tremendous growth in the last one year and from a consumer and technology standpoint, India is an important destination for cryptos. The venture capital companies including Sequoia Capital India, Lightspeed India, Elevation Capital and others are warming up to India’s cryptocurrency and blockchain industry. Several international funds such as Pantera Capital and Coinbase Ventures, and entrepreneur investors like Mark Cuban, have been investing in blockchain and crypto startups founded by Indians.
The absence of regulatory approval and the possibility of a blanket ban has, however, kept most Indian funds at bay, despite the heightened interest in crypto and blockchain. Despite the regulatory uncertainty and the volatility of cryptocurrencies, Indian start-ups in the space saw funding grow 73% in the first six months of calendar 2021 compared to the whole of 2020.Total funding year-to-date in 2021 stood at $50.03 million against the $28.85 million raised by cryptocurrency-based start-ups in 2020, according to data from Tracxn. A report says, the lockdown in 2020 had led to increased activity in the cryptocurrency market as retail and institutional investors turned to this investment avenue as volatility hit the stock market. Blockchain faces hurdles, including volatility in cryptocurrency pricing and confusion and misunderstanding from many consumers about the technology and related financial services, experts say.
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What's cookin' up at StartHub Nation? | RFE TV knows!
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After the WeWork debacle, there is a realisation that coworking spaces cannot merely chase valuations. Terming coworking companies as operating on a real estate arbitrage model, GoWorks, Chief Evalgelist, Sudeep Singh says players operating in this space cannot be treated as technology companies.
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