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Karnataka To Fund Startups From Across The Country

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The Karnataka Government will fund startups from pan India by calling them to register in Karnataka. According to IT Minister of Karnataka, Priyank Kharge, entrepreneurs and startups across the country seeking funds can soon look up to the Karnataka government.

The IT Minister further added, “We want to take our startup policy to the national level this year. We will support startups from across the country provided they pay taxes here.” For this purpose, entrepreneurs registered in Karnataka under the Shops and Commercial Establishment Act, 1961 can apply for funds and other initiatives. The Minister, however, did not elaborate on when this new phase will kick off and whether more funds will be allocated.

The Karnataka government was one of the first governments in India to launch their startup policy in 2015 in line with Prime Minister Narendra Modi’s Startup India initiative. Since then, the government has set up several funds with a corpus of over Rs. 300 crores to back startups across different sectors such as biotechnology, tourism and animation. In accordance with their five year startup plan, the State Government is aiming to boost 20,000 technology based startups by 2020 in Karnataka and create 6 lakh direct and 12 lakh indirect new jobs in the sector. In 2017 alone, 250 startups received funding from the from the Government while 5000 startups were registered under the policy.

In October last year, the Karnataka government also invested Rs. 40 crores in the construction of a state of the art artificial intelligence (AI) and data science capabilities center. The Centre of Excellence for Data Science and Artificial Intelligence aims to help global companies create approximately 35,000 jobs over the next five years for data science and artificial intelligence professionals. In August, the State government also provided funding worth Rs. 35 crores to 100 innovative startups through its Elevate 100 program.

According to the data from research firm Tracxn, till date, Karnataka has funded 890 startups while Maharashtra funded 645 and Delhi NCR funded 419. Currently, 7909 startups were founded in Karnataka following Maharashtra with 8117 startups.

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Unilever Introduces Innovative Color-Changing ‘Smart Label’ for Dove

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Dove_StartupStories

Unilever has launched a new innovation in personal care with the introduction of a color-changing “smart label” for its Dove Shower Sensor Deep Moisture Body Wash. This limited-edition product, available exclusively in Canada, integrates advanced packaging technology to promote healthier skin habits.

How It Works

The smart label activates when exposed to water temperatures above 41°C, displaying a “VERY HOT” warning. This feature encourages users to lower their shower temperature, helping to preserve the skin’s natural moisture—especially crucial during Canada’s cold winter months1.

A Step Towards Smarter Personal Care

This innovation reflects Unilever’s dedication to combining technology with personal care. Divya Singh, head of personal care at Unilever Canada, highlighted the product’s role in fostering better skin health through intuitive reminders. Singh stated that the sensor supports hydration and empowers consumers to maintain healthier habits confidently1.

Broader Implications

The smart label is part of a larger trend in packaging innovation, offering functionality beyond traditional use. Such advancements not only enhance user experience but also align with Unilever’s commitment to sustainability and digital transformation13.

This launch underscores Unilever’s focus on enhancing everyday products with technology while promoting skin health and environmental consciousness.

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Quick Commerce Set to Boost HUL’s Revenue

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StartupStories

Unilever’s CEO, Fernando Fernandez, is optimistic about quick commerce’s growth in India, predicting it will significantly boost Hindustan Unilever Ltd’s (HUL) revenue. Currently, quick commerce accounts for about 2% of HUL’s revenue, but Fernandez expects this to rise to 10-15% within the next three to four years.

Why Quick Commerce?

India’s unique demographic, with affluent and economically active households living in close proximity, makes quick commerce a logical and profitable channel. The margin mix in quick commerce is also favorable for improving profitability12.

Market Trends

Quick commerce is rapidly expanding in India, with its contribution to ecommerce sales doubling annually. Major players like Blinkit, Swiggy Instamart, and Zepto are driving this growth, driven by consumer preference for convenience over discounts13.

Future Outlook

Fernandez’s strategy aligns with Unilever’s goal to transform its business and meet evolving consumer preferences. Leveraging quick commerce will be key to enhancing HUL’s revenue in India, a crucial market for Unilever

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Social Media Platform X Faces Global Outage

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Social Media Platform X Faces Global Outage

Elon Musk’s social media platform X, formerly known as Twitter, experienced a significant global outage on Monday. The disruption began around 3:20 PM IST, with over 19,000 reports of issues globally, according to Downdetector.

Impact by Region

  • United States: Over 21,000 users reported issues, primarily with the app.
  • United Kingdom: More than 10,800 incidents were recorded.
  • India: Nearly 2,300 users faced difficulties, though some reports suggest around 1,000 complaints, mainly with the search bar.

Nature of the Outage

The outage affected both web and mobile app versions, preventing users from accessing timelines or posting content. The cause remains unclear, as X has not issued an official statement.

Resolution

Services resumed after about 30-40 minutes, but concerns about the platform’s reliability have increased due to its recent technical issues

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