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Ivanka Trump at the Global Entrepreneurship Summit 2017, Day 2



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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Calmosis is revolutionizing healthcare in India with legal cannabis use! 



An Indian Startup Pioneers the legal use of cannabis in Indian Healthcare

Forget everything you thought you knew about healthcare in India. A groundbreaking startup called Calmosis is making waves in Bengaluru with its unique approach to holistic wellness, led by a dynamic duo: Karan and Praveen.


Calmosis product.


Karan Naidu, a BMSCE graduate who calls Bangalore home, has poured his passion and resources into building Calmosis. By his side is Praveen Singh Rajput, a serial entrepreneur and author who helms the gifting marketplace startup FRINZA. Praveen brings his business acumen honed at Symbiosis Institute of Business Management, Bangalore, to the table.

Together, they’ve drawn inspiration from a personal quest – helping Karan’s mother overcome sleep issues. This led to the birth of Calmosis, offering meticulously crafted elixirs that blend the wisdom of Ayurveda with natural cannabis extracts.Vijaya, as cannabis extracts are known in ancient Indian medicine, has been revered for centuries for its medicinal properties. Calmosis harnesses this potential to promote restful sleep, alleviate stress and anxiety, and even ease migraines. 

Unlike traditional medications that often come with unwanted side effects, Calmosis’ Peace Mantra and Sleep Mantra elixirs provide a safe and natural alternative. But Calmosis’ mission extends beyond physical well-being. Their commitment to quality and transparency shines through rigorous product testing and personalized consultations with expert Ayurvedic doctors, ensuring each customer receives the perfect blend for their individual needs.



The company’s impact goes far beyond personal health. Calmosis champions social responsibility and sustainability by ethically sourcing ingredients and embracing eco-friendly practices, creating a positive ripple effect on local communities and the environment.

Embarking on a journey towards a healthier you with Calmosis is as easy as a few clicks. Visit their website, place an order, and have their transformative products delivered straight to your door. In a world obsessed with constant hustle,Calmosis offers a much-needed oasis of calm. Combining the wisdom of ancient practices with modern innovation,they’re helping individuals rediscover balance and tranquility in today’s fast-paced world. So, ditch the chemical concoctions and embrace the power of nature’s healing touch with Calmosis. They’re rewriting the healthcare narrative in India, and you can be part of the revolution.


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Mercedes Hits the Brakes on EVs: Profit Woes Lead to Focus on Gas-Powered Cars



StartupStories - Mercedes

Luxury carmaker Mercedes-Benz is experiencing a shift in gears, prioritizing gasoline-powered vehicles over its previously ambitious electric vehicle (EV) strategy. This comes after disappointing sales figures and shrinking profit margins for their electric offerings.

The Dream Runs out of Charge:

Mercedes, a leader in the luxury car market, had set a goal to be fully electric by 2030. However, sluggish sales of their electric vehicles, particularly the high-end EQS and EQE sedans, have forced a recalibration of their plans. The company’s profit margin dipped to a concerning 9% in the first quarter of 2024, falling below their long-term target range.

Why the Slow Charge?

Several factors are contributing to the lackluster performance of Mercedes’ EVs:

  •  Price Point Pinch: The high price tag of Mercedes’ electric cars, ranging from $70,000 to $120,000, limits their appeal compared to more affordable electric options. 
  •  Competition Heats Up: Other luxury carmakers like Tesla and BMW are offering strong competition, with some even surpassing Mercedes in EV sales growth. 
  •  Infrastructure Concerns: Gaps in charging infrastructure and anxieties about range remain significant deterrents for potential EV buyers.

Back to the Drawing Board:

In response to these challenges, Mercedes CEO Ola Källenius announced a revised strategy. The company will:

  •  Extend Focus on Combustion Engines:  Production of gasoline-powered and hybrid vehicles will continue well into the 2030s, catering to customer demand.
  •  Rethink EV Strategy: Mercedes will analyze consumer preferences and market trends to refine their electric car offerings. This may involve focusing on more affordable models or improving features to enhance range and charging efficiency.

The Road Ahead

The shift by Mercedes highlights the complexities of the automotive industry’s transition to electric vehicles. It underscores the need for car manufacturers to balance ambitious environmental goals with the realities of consumer behavior and market competition.

Is this a Permanent Pause?

While Mercedes is putting the brakes on its all-electric vision, it doesn’t necessarily signal a complete retreat from EVs. The company may leverage this time to strengthen its electric offerings and ensure they are competitive in the rapidly evolving market. Only time will tell if Mercedes can reclaim its position as a leader in the electric vehicle race.

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Reddit Soars After Strong Earnings and Upbeat Outlook



Reddit, the social media platform known for its online communities and meme culture, saw its stock price jump significantly after releasing its first earnings report since going public in March. Investors were impressed by the company’s strong financial performance and optimistic forecasts for the future.

The report highlighted a surge in user engagement, with daily active users increasing by 37% to 82.7 million in the first quarter. This growth was accompanied by an 8% rise in average revenue per user, indicating Reddit’s success in monetizing its platform. 

Perhaps the most significant factor driving the stock price increase was Reddit’s forecast for the second quarter. The company projected revenue to fall between $240 million and $255 million, exceeding analyst expectations. Additionally, Reddit anticipates achieving break-even status or even generating a profit, surpassing predictions of a loss.

This positive outlook can be attributed in part to Reddit’s flourishing advertising business. The company is also capitalizing on a new revenue stream: content licensing deals with artificial intelligence (AI) firms. Reddit’s vast collection of user-generated content provides valuable data for training AI models, attracting companies like Google.

Analysts believe Reddit is still in its early stages of monetization and predict continued growth in the coming quarters, fueled by advancements in ad targeting and measurement tools. This optimism is reflected in the stock price surge, which has climbed roughly 70% since Reddit’s IPO.

Overall, Reddit’s first earnings report paints a bright picture for the company’s future. With a thriving user base, increasing revenue opportunities, and a promising outlook, Reddit appears well-positioned for continued success in the ever-evolving social media landscape.

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