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Indian Govt To Launch Its Own TV Show For Startups Similar To Shark Tank

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To promote startup culture in our Country, the Indian government had decided to launch its own TV show exclusively for startups. This idea had actually been inspired by a U.K.-American reality television series “Shark Tank.”

For those who are unaware of Shark Tank, let us tell you, this show features aspiring ‘entrepreneur-contestants’ as they make business presentations to a team of “Shark” investors, who then choose whether to invest or not. This show is currently in its 8th season.

Department of Industrial Policy and Promotion (DIPP) has proposed a show similar to Shark Tank for Indian startups and also decided to launch a dedicated TV channel only for Indian entrepreneurs and startups.

According to the reports, there will be a round of screening and two rounds of evaluation for the startup to feature on the show.

DIPP mentioned the process saying: “A filtering process shall be applied, young professionals and startup founders are to be targeted. The focus is to encourage the entries from all states of our country. Out of the 10,000 expected applicants, 2000 will be shortlisted.”

In the first round of screening, selected startups to participate in the offline events from seven cities – Delhi, Guwahati, Kolkatta, Bengaluru, Indore, Chandigarh, and Mumbai. In the next round, 440 will be selected, out of which 35 will be declared as ‘regional winners.’ These winners will then proceed to the ‘grand finale’ round.

These 35 members compete in front of an investor panel, who will assess the business potential of the startup. This round will be shot in a studio and will be aired on the show. This show would be aired on Doordarshan (DD National) channel.

The steering committee for this will be having representatives from the HRD Ministry, Department of Biotechnology, NITI Aayog, the Ministry of Electronics and Information Technology as well as Axis Bank and Yes Bank.

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Blissclub Raises INR 33 Crore in Fresh Funding Months After Layoffs

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Blissclub, the women-centric D2C apparel brand, has raised INR 33 crore in a Pre-Series B funding round led by Elevation Capital, with Eight Roads Ventures also participating. This funding comes just three months after the company laid off 18% of its workforce-about 21 employees from creative, sales, marketing, growth, and product teams-due to high cash burn and challenges in securing new capital.

The latest investment was made through the allotment of 16,076 compulsory convertible preference shares (CCPS) at a premium of INR 20,428 each. Elevation Capital invested INR 19 crore, securing a 24.5% stake, while Eight Roads Ventures contributed INR 14 crore, raising its stake to 15.79%. The capital will be used for working capital, capital expenditure, and general corporate purposes.

Founded in 2020 by Minu Margeret, Blissclub started as an online activewear brand for women and has since diversified its product range and established offline stores. Despite recent restructuring, the company’s revenue grew 27% to INR 86.9 crore in FY24 from INR 68.3 crore in FY23, though net losses also increased to INR 43.9 crore.

Blissclub’s successful fundraising, despite recent layoffs, underscores both the ongoing challenges and the resilience of India’s D2C startup sector in a difficult funding environment.

 

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Apple to Shift Entire US iPhone Assembly to India by 2026

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Apple is set to relocate all assembly of iPhones destined for the US market from China to India by the end of 2026, marking its biggest manufacturing shift in decades. The move is driven by escalating US-China trade tensions and steep tariffs—up to 145% on Chinese imports—making Chinese assembly increasingly costly for Apple. Although some smartphone imports are temporarily exempt, a 20% duty still applies to Chinese-made iPhones entering the US.

 

India, in contrast, offers a more favorable trade environment, with a paused 26% reciprocal tariff and ongoing negotiations for a bilateral trade deal with the US that could shield Indian exports from future levies. Apple plans to more than double its current iPhone output in India, aiming to assemble over 60 million units annually for the US market. The company already produces about 25% of its global iPhones in India, working with partners like Foxconn, Tata Electronics, and Pegatron.

 

This shift is part of Apple’s broader strategy to diversify its supply chain and reduce reliance on China amid geopolitical risks. However, the transition’s success will depend on how quickly India can scale up its manufacturing capabilities and the outcome of ongoing trade negotiations.


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PhonePe’s PINCODE Launches 10-Minute Medicine Delivery in Cities

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PhonePe’s PINCODE app has launched a 24×7 online medicine delivery service in Bangalore, Mumbai, and Pune, promising delivery of both prescription and over-the-counter medicines within 10 minutes from nearby local medical shops. Unlike conventional e-pharmacies that use dark stores, PINCODE partners exclusively with neighborhood pharmacies, enabling faster deliveries and supporting local businesses in the digital economy.

Customers without prescriptions can select a “no prescription” option when ordering; a qualified doctor then provides a free teleconsultation and issues a digital prescription compliant with telemedicine guidelines, ensuring seamless access to medicines. The app offers competitive pricing by passing discounts from local pharmacies directly to customers and charges no delivery fees.

PINCODE’s hyperlocal model enhances healthcare accessibility and convenience while empowering local pharmacies, helping them remain integral to their communities and stimulating local economic growth. Launched in 2023, the app focuses on quick commerce with an emphasis on speed, reliability, and supporting local sellers.

In summary, PhonePe’s PINCODE app is transforming medicine delivery in major Indian cities by combining ultra-fast 10-minute delivery, free doctor consultations, and a hyperlocal sourcing model that benefits both consumers and neighborhood pharmacies.

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