Indian startups have soaked up so much talent — and attention — that it is hard to imagine the sector will stay depressed forever. Even so, there are at least three lessons that we in India can learn from this downturn. First, we shouldn’t minimize the importance of remaining attractive to global risk capital. When global finance looks elsewhere, smart and ambitious Indian companies are left with far fewer options.
Hiring specifically in back-office functions such as human resources will be suspended or slowed, Krishna said.
Indian internet firms have given internet body IAMAI a thumbs-down, alleging that it has favoured Big Tech companies on multiple issues. This and more in today’s ETtech Morning Dispatch.
This signals a deepening of the chasm between the interests of global internet majors such as Google and Facebook and that of the local startups over issues ranging from pricing policies to digital regulations.
The charges against Nathaniel Chastain, a former OpenSea product manager, were the first in a series of high-profile cases related to digital assets launched by the US Attorney's office in Manhattan last year.
Vidyapeeth is a tech-integrated offline classroom comprising 650 smart classrooms. The edtech unicorn is already running 11 Vidyapeeth centers in various cities across the country.
These mobile applications were reportedly used by terrorists in Kashmir to communicate with their supporters and on-ground workers (OGW). With the help of other intelligence agencies operating in the valley, a list of such apps was prepared that pose a threat to national security and do not follow Indian laws. After getting the list prepared, the concerned Ministry was informed of the request to ban these mobile applications.