Connect with us

Latest News

Government of India Launches Startup India Hub

Published

on

The Government of India announced the launch of Startup India Hub, a virtual platform for all stakeholders of the entrepreneurial ecosystem in the country. Union Commerce & Industry Minister Nirmala Sitharaman inaugurated the hub for all startups to discover, connect and engage with each other.

Speaking during the inauguration of the Startup Hub, Minister Nirmala Sitharaman encouraged all entrepreneurs in India to utilize the portal and asked the stakeholders to contribute to the platform as much as possible. “We are here to help you, we want you to succeed,” she added.

The portal will host startups, investors, funds, mentors, academia, incubators, accelerators, corporates, government bodies, and more in order to be a dynamic and interactive platform. Startup Hub which was operational for the past one month in its pilot phase already has 500 stakeholders including 91springboard, a-IDEA, Aim Smart City, Amazon and more.

This Hub will attempt to solve problems by using an open API architecture allowing seamless integration of content from government and private stakeholder. Ramesh Abhishek, Secretary DIPP, Deepak Bagla, CEO of Invest India and Rajeev Aggarwal, Joint Secretary DIPP were also a part of the inauguration.

This new initiative is a follow-up of the Startup India initiative launched by PM Narendra Modi in January 2016 and will fall under the official Investment Promotion and Facilitation Agency of the Government of India. To encourage and ensure accessibility, a dedicated app will also be available on iOS and Android devices.

Minister Nirmala Sitharaman added that India is the third largest startup ecosystem with three to four startups being launched daily. She also announced the government’s initiative to garner international exposure for Indian startups and facilitate better exchange of ideas through a Startup Exchange Program between the SAARC nations.

A panel discussion on ‘Navigating the startup ecosystem’ in April 2016, kick-started the launch of the Startup India Hub. The platform is also set to aggregate schemes available across various state governments in its next phase.

Continue Reading
Advertisement
1 Comment

1 Comment

  1. ny0dx

    June 5, 2025 at 10:06 pm

    where can i get generic clomid pill cost generic clomiphene prices cheap clomid without a prescription buy clomiphene no prescription clomid nz prescription where can i buy cheap clomid no prescription how to buy clomiphene without prescription

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

New Instagram Features Let Users Customize Profiles and Share Quietly

Published

on

Instagram Grid

Instagram is rolling out two major features in June 2025 that promise to give users unprecedented creative control and privacy: grid rearranging and silent posting. The long-awaited grid rearranging tool allows users to freely drag and drop posts anywhere on their profile grid, breaking away from the traditional chronological order. This means users can now curate their profiles for a more visually appealing or thematic presentation, without the hassle of deleting and reposting content—an update especially welcomed by brands, creators, and anyone meticulous about their digital aesthetic.


In tandem, Instagram is introducing the “Post quietly to profile” feature, which lets users add photos and videos to their grid without notifying followers or pushing the content to their feeds. This silent posting option is ideal for those who want to document moments privately, experiment with new content, or maintain a cohesive grid without spamming their audience. It’s designed to reduce the pressure of public sharing, making Instagram a more comfortable space for personal expression and experimentation.

These updates reflect Instagram’s commitment to user empowerment and flexibility, responding directly to years of feedback. As Instagram head Adam Mosseri stated, the goal is to help users “create and share without added pressure,” giving them more freedom over how their content appears and how they engage with their audience.

Continue Reading

Latest News

Zepto Delays IPO to Focus on Profitability and Indian Ownership

Published

on

Zepto - StartupStories

Overview

Zepto, a leading quick commerce startup, has postponed its planned IPO to early 2026, shifting its focus to achieving profitability and increasing Indian shareholding before going public.

Key Reasons for Delay

  • Profitability Focus: Zepto aims to reach EBITDA break-even before listing, unlike many tech firms that went public while still loss-making.
  • Market Uncertainty: Ongoing global and domestic market volatility influenced the decision to wait for more stable conditions.
  • Peer Comparison: The company wants to present a stronger profit profile, learning from the performance of rivals like Swiggy and Zomato (now Eternal).

Boosting Domestic Shareholding

  • Target: Zepto plans to raise Indian ownership to at least 51% to comply with FDI norms and reinforce its Indian identity.
  • Actions: The company is conducting secondary share sales to Indian investors and founders are increasing their stakes by buying from foreign investors.
  • Progress: Domestic ownership has reached about 40-44%, with expectations to surpass 51% before the IPO.

Financial and Operational Updates

  • Efficiency Drive: Zepto is optimizing operations, running over 900 dark stores and offering 48,000 SKUs, to reduce cash burn and move toward profitability.
  • Challenges: The company faces stiff competition from Swiggy Instamart and Blinkit, leading to higher costs, and has dealt with operational pauses and regulatory scrutiny in some regions.

Outlook

Zepto remains positive about its future, aiming to raise around $800 million in its IPO and attract both domestic and international investors. CEO Aadit Palicha emphasizes building a sustainable, majority Indian-owned business before entering the public market.

Summary: Zepto’s IPO delay reflects a strategic focus on financial stability and regulatory compliance, with profitability and Indian ownership at the forefront.

Continue Reading

Latest News

Polygon Enters New Era: Leadership Shift and Major Upgrades Under Sandeep Nailwal

Published

on

Polygon StartupStories

Sandeep Nailwal, co-founder of Polygon, has been appointed as the first CEO of the Polygon Foundation, marking a shift from decentralized governance to focused leadership. This change aims to provide clear direction and accelerate Polygon’s growth in the competitive blockchain space.

Under Nailwal’s leadership, Polygon will discontinue its zkEVM network in 2026 to concentrate on the Polygon PoS chain and AggLayer, a new cross-chain liquidity protocol. Significant upgrades to the Polygon PoS chain are planned, starting with the Bhilai upgrade in July 2025, to enhance transaction capacity and support large-scale financial applications.

Polygon enters this new phase with a strong financial position, enabling long-term development without fundraising pressures. While Nailwal leads the Foundation, Marc Boiron continues as CEO of Polygon Labs. This leadership restructuring aims to drive innovation and reinforce Polygon’s position in Ethereum scaling and the Web3 ecosystem.

 

Continue Reading
Advertisement

Recent Posts

Advertisement