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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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Zoho Pay Debuts as India’s New UPI Challenger, Taking on PhonePe, Paytm, and Google Pay

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Zoho Payment

Zoho Corporation has expanded its fintech portfolio with the launch of Zoho Pay, a UPI-based payments app built to challenge India’s top digital payment giants such as PhonePe, Paytm, and Google Pay. The new app supports peer-to-peer transfers, bill payments, QR-based transactions, and merchant settlements in a streamlined interface. Available as both a standalone app and an integrated feature inside Zoho’s privacy-driven messenger Arattai, Zoho Pay enables users to handle chats and payments in one platform, emphasizing data privacy and Made-in-India innovation.​

Through seamless integration with Arattai, Zoho Pay allows users to send or request payments, split expenses, and conduct UPI-based transactions directly in their chat windows. Users can link bank accounts, scan dynamic QR codes, and receive audio confirmations of payments, ensuring speed and security. This design mirrors the simplicity of India’s leading UPI apps but is powered by Zoho’s non-advertising, privacy-first model. The integration aligns with Zoho’s mission to build a self-reliant digital ecosystem, where messaging and money management coexist securely.​

In the competitive digital payments market, Zoho Pay differentiates itself through its tight business software integration with apps like Zoho Books, Zoho Payroll, and Zoho Commerce, offering small businesses unified access to payments, billing, and accounting. The company is also expanding its reach with POS devices for merchants featuring UPI QR, card payments, and instant reconciliation tools. With founder Sridhar Vembu’s vision of a ‘Chat + Pay’ ecosystem, Zoho Pay reflects a bold step toward redefining India’s fintech scene with a secure, ad-free, and locally developed alternative to global payment platforms.

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Meta Expands AI-Powered Reels Translation to Hindi and Portuguese, Enhancing Global Creator Reach

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Meta has expanded its AI-powered translation feature for Reels to include Hindi and Portuguese, joining English and Spanish in empowering creators to reach a broader global audience on Instagram and Facebook. Originally launched in August 2025 with support for English and Spanish, this update now allows creators to seamlessly translate and dub their short videos, breaking language barriers across some of the largest Reels markets worldwide. The AI technology mimics the creator’s voice tone and even offers lip-syncing to ensure the translated videos feel natural and engaging for viewers.​

This enhancement is especially significant for India, the largest market for Facebook and Instagram, where over 600 million people speak Hindi. Content creators who are not fluent in Hindi can now easily access this vast audience, increasing their reach and engagement across diverse linguistic groups. To maintain transparency, all translated Reels are clearly labeled with “Translated with Meta AI,” and viewers can choose to switch translations on or off based on their preference.​

In addition to voice dubbing, Meta is developing features to translate captions and text stickers on Reels, making content more accessible even without sound. These AI translation tools are available free for eligible public Instagram accounts and Facebook creator profiles with over 1,000 followers. This innovation reinforces Meta’s commitment to fostering cross-cultural content sharing and enhancing creators’ ability to connect with audiences around the world through short-form videos.

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Dunzo’s Collapse: Reliance’s ₹1,645 Crore Loss Signals Challenges in India’s Hyperlocal Delivery Market

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Reliance Industries has officially written off its $200 million investment in Dunzo, a once promising quick-commerce startup in India. Despite high-profile backing and the potential to disrupt the hyperlocal delivery sector, Dunzo faced insurmountable challenges including high operational costs, unsustainable cash burn, and stiff competition from larger players like Zepto and Blinkit. Reliance’s decision follows Dunzo’s operational suspension, leadership exits, and failed attempts at securing additional funding or acquisition partners, ultimately resulting in the company’s digital platforms going offline in early 2025.​

The downfall of Dunzo was accelerated by its inability to maintain a healthy balance between rapid expansion and revenue growth, with losses in FY23 reaching an alarming ₹1,800 crore. With monthly expenses crossing ₹100 crore and mounting pressure to scale, Dunzo resorted to layoffs and delayed payments before shutting down most services outside Bengaluru. Reliance’s significant stake, initially seen as a strategic advantage, ended up limiting the startup’s flexibility in making independent decisions during its final months.​

Reliance’s write-off sends a strong message to India’s startup ecosystem about the risks inherent in quick-commerce and hyperlocal delivery models. Investors are increasingly focused on sustainable growth, disciplined scaling, and profitability. For Reliance, lessons from Dunzo’s collapse are shaping future e-commerce strategies, driving greater emphasis on operational efficiency and prudent financial planning in an intensely competitive market.

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