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Ivanka Trump at the Global Entrepreneurship Summit 2017, Day 2

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Ivanka Trump started the second day of the summit with a plenary session on the issue ‘Innovations in Workforce Development and Skills Training.’ The daughter of US President Donald Trump and his chief advisor Ms. Trump,  was one of the panelists along with the MD and CEO of ICICI Bank Chanda Kochhar and British barrister and lecturer Cherie Blair. The panel was moderated by Executive Vice President and Chief Customer Officer of Dell Karen Quintos.

Hyderabad’s Hon. IT Minister Mr. K.T. Rama Rao introduced the panelists for the plenary session which was aimed at boosting female participation in innovation and improving their access to skills, training, education and career counseling. Speaking about the need for women in entrepreneurship roles, Ms. Trump said, “Women make up half of the world’s population. We need to think of these issues not as women’s issues but as human issues. Having equal gender representation is a financial positive to businesses today besides being a social responsibility.”

According to Chanda Kochhar, there is no other country in the world other than India where 40% of the banking sector is headed by women, however, not even 25% of graduate women participate in the workforce. The panel discussion was centered around creating awareness and encouraging women to take up the tremendous opportunities that technology offers entrepreneurs. “It’s the desire, support and ecosystem of the organization where women work that will help them break the glass ceiling. Recognition of work keeps us going,” Ms. Kochchar added.

Stressing on the need for men to be a part of the discussion, Dell’s CCO Karen Quintos said, “The biases that exist in society have to be addressed and men need to be a part of that conversation. Business outcomes are great when you have diverse thinking.

Founder of the Cherie Blaire Foundation, Cherie Blaire, speaking about working women said, “We have to find solutions so women can do better at what they do without giving up on their enterprises. Capacity, confidence, capital – the three things women entrepreneurs need to flourish.

Along with the captivating panel discussion regarding gender gap in entrepreneurship, GES 2017 also hosted a panel discussion on the value of mentors, sponsors and networks in maximizing entrepreneurs’ potential and driving entrepreneurship in sports. Harsha Bhogle moderated the panel discussion regarding entrepreneurship in sports with Sania Mirza, Pullela Gopichand, Mithali Raj and Chatri Sityodtong as the panelist.

The recently crowned Ms. World Manushi Chhillar also attended the summit and spoke about the importance of women entrepreneurs and the need for both men and women to be treated equally.

Despite the focus on women entrepreneur and women empowerment, a 13 year old Australian entrepreneur stole the show at the summit with his five apps. This talented app developer Hamish Finlayson is an autistic child which is a serious development disorder impairing the ability to communicate or interact. Despite the disability, this class & student from Queensland has developed an app for helping  people with autism spectrum disorder (ASD) and four more environmental apps. Hamish has strong values and hopes his apps can someday change the world for the better. But he strongly believes education comes first and saving the world later.

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Dunzo Gets Breather as NCLT Rejects Insolvency Petition from Invoice Discounters

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Dunzo

The National Company Law Tribunal (NCLT) Bengaluru bench has dismissed an insolvency plea filed against quick commerce startup Dunzo by its invoice discounters, declaring the petition “not maintainable” after several postponements. This decision offers temporary relief to Dunzo, which has been facing multiple insolvency petitions from various creditors, including Velvin Packaging Solutions and Betterplace Safety Solutions, over unpaid dues.

The invoice discounters alleged that Dunzo had paid only 50% of the required amounts, though the exact sum was not disclosed. Despite ongoing settlement talks, no resolution was reached, and the tribunal noted Dunzo’s delays in responding to creditor petitions. Dunzo continues to grapple with severe liquidity issues, delayed payments, and significant losses—reporting a ₹1,801.8 crore loss in FY23 and owing approximately ₹11.4 crore to major vendors like Google India and Facebook India.

While this NCLT ruling provides Dunzo some breathing room, the company still faces ongoing financial and operational challenges as it works to resolve its outstanding liabilities.

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How a Golden Retriever Became the Heart and Soul of a Hyderabad Startup’s Workplace

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Golden Retriever in workplace

Hyderabad-based startup Harvesting Robotics has won hearts online by appointing a golden retriever named Denver as its Chief Happiness Officer (CHO). Denver, introduced by co-founder Rahul Arepaka in a viral LinkedIn post, has quickly become the star of the office, spreading joy and boosting morale among employees. The company is now officially pet-friendly, a move Arepaka calls their “best decision.”

Denver’s new role has sparked widespread attention, with thousands liking and commenting on the announcement. Many see Denver’s presence as more than just a cute story—it highlights a growing trend of pet-friendly workplaces that prioritize employee well-being and happiness. As companies increasingly focus on holistic wellness, Denver’s appointment shows that sometimes, a wagging tail is the best way to brighten the workday.

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Info Edge Shareholders Approve ₹1,000 Crore Investment in New Venture Fund

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Info Edge

Info Edge (India) Ltd shareholders have overwhelmingly approved an investment of up to ₹1,000 crore in the company’s third venture capital fund, Info Edge Ventures Fund III. The proposal received near-unanimous backing, with 99.9995% of valid votes in favor out of 1,274 participants.

Smartweb Internet Services Ltd, a wholly owned Info Edge subsidiary, will act as sponsor and investment manager for the new fund. This move strengthens Info Edge’s commitment to backing early-stage startups and expanding its footprint in India’s venture capital landscape.

Info Edge has a strong track record as an early investor in leading Indian startups like Zomato and PB Fintech, with combined holdings in these firms valued at ₹31,500 crore ($3.7 billion) as of March 31, 2025.

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