The Entrepreneurs Lane

  2022 Year in Review | Is the Unicorn party Over? What went wrong in 2022 and  What Does 2023 hold for Startups. The Unicorn Count. After a record 44 Indian startups turned unicorns in 2021 the unicorn rally got slowdown in 2022 with only 21 startups turning into unicorns approximately 50% down in terms of both number and funding, In 2022 the Indian startup ecosystem raised only $24 Bn till November as against $42 Bn raised in the entire 2021, The total stays at 108 unicorns. But the good news, as the year draws to an end, is that a larger number of startups with female founders-led turned unicorns this year compared to 2021. Seven startups founded by eight female founders turned unicorns in 2022 as against six such startups in 2021. 5Fire, LivSpace, Lead, Hasura, Amagi, Open, and Oxyzo were the seven startups with female founders to enter the unicorn club in 2022.   Positive outlook for Fintech In 2021, fintech and e-commerce produced the highest number of unicorns (11 ...

Hey everyone!! What's your choice about 'Tea' or 'Coffee' ?? I guess the demand of tea is more over to coffee. Tea in a hand and music on the space creates an amazing mood which youngsters feel like.  Everyone is aware of 'Chai Sutta Bar ' who touched the ground and has an amazing startup story which encourages the youth to do something unique and welfares.  'Chai Sutta Bar ' was founded in 2016. Hailing from a typical Indian middle-class family, Anubhav Dubey and Anand Nayak were busy preparing for competitive exams. However, destiny had other plans and the duo turned entrepreneurs with Chai Sutta Bar. They initiate with 3 lakh rupees investment and now the turnover reached to 100+ crores valuation.   They open their 1st outlet beside the girls hostel in Indore. It was the funnier way to attracting the customers. So the beginning was quite good but the progress is about to hundreds of outlets all around 70 cities in India along with outlets in Musc...

  Central Bank  digital currency “CBDC  is a remarkable cryptographic achievement, and ability to create something that is not duplicate in digital world has enormous value.” Central banks are rolling up their sleeves and familiarizing themselves with the bits and bytes of digital money. What is central bank digital currency? Dear readers If you don’t know you should definitely know because you’ll surely be using it in the near future. Central bank digital currency is digital currency similar to cryptocurrency issued by a country’s monetary authority or central bank with it’s value pegged to it’s home country’s currency. The objective of CBDC’s are to provide businesses and consumers with financial privacy transferability convenience security accessibility and lower cost of money transfer unlike cryptocurrency CBDC likely not anonymous. How it functions? e₹ will be transacted and store using a digital wallet on smartphones. Every transaction will be recorded in real time ...

Being an entrepreneur is not as easy as plucking a flower but it is as difficult as climbing a mountain. But my dear readers nothing in this world is impossible, Women entrepreneurs in India demonstrate this. Gone are the days when women were only seen working in the kitchen, doing the domestic chores or handling the children. In today’s era they are self-reliant as well as enough confident to start or run a business. Women entrepreneurship is the process in which women initiates a business, gather all the resources, undertake risks, face challenges, provide employment to others and manages the business independently. For women, being an entrepreneur is difficult than that of men as they have to face many challenges like socio-cultural ethics, motherhood, traditional customs, family ties, feeling of insecurity, financial issues and sometimes they are also considered as physically weak. Women are more ambitious, hardworking, motivating, conscious, and having more patience than that of m...

“Be a unicorn in a field of horses” Have you ever wondered how the companies started with a small ideas are counting millions or billions in today’s era and why these companies are known as unicorn”? In the financial world, any privately owned startup company whose valuation crosses over 1 billion dollars are called as unicorns. In 1990’s Alphabet (parent company of Google) was the first superunicorn of the world with a valuation of more than 1 trillion dollars. In India a company named InMobi which was founded in 2007 was the first company to become a unicorn in 2011. This company was globally providing the mobile advertising services. As per the data of 2k22, India is the home to 107 unicorns with a total valuation of 340.79 billion dollars. Companies like Paytm, Ulber and Airbnb has revolutionised the fields of transactions, transportation and travelling stay respectively. These companies had made themselves unique from the others because of their unique ideas.. Apart from the globa...