Share on
India has one of the largest student populations in the world over 260 million in K-12 education alone with more joining the fray every year.
Hence, a country that is tasked with training, coaching, and skilling such an enormous number of young people requires
efforts and policies at all levels.
Last year brought about new educational reforms in the form of the
National Education Policy (NEP 2020). It brings foundational education into focus and stresses on experiential learning as opposed to scorecards and pass marks, and has been hailed as “progressive” by most industry experts.
They believe that NEP 2020 could be the
Share on
As COVID-19 upended businesses worldwide in 2020, Indian startups were not spared. Investments shrank and many resorted to layoffs, furloughs and pay cuts to keep their businesses afloat.
With just over a week to go for the Union Budget, the startup ecosystem expects Finance Minister Nirmala Sitharaman will take steps to reduce taxes and ease regulations to encourage foreign investments, while giving sunshine sectors such as edtech a further boost.
ALSO READ
GST rate cuts
Some investors say the Budget should boost consumption that took a beating as restaurants, shopping malls and theatres, among other businesses, remained hit by COVID-19 restrictions for most of last year.
‘Know your privilege and be grateful for it’ – 30 quotes from India’s COVID-19 struggle
In this compilation, we present thought-provoking quotes from the week of January 18-24 that frame India’s battle with the COVID-19 pandemic.
0 claps
(see last week’s post
).
Share these quotes and excerpts with your networks, and check back to the original articles for more insights.
The entire ecosystem is now on an accelerated transformation with the Indian government also introducing the National Health Stack. India is on the cusp of redefining healthcare delivery. - Prasad Kompalli, MFine
Improved trust in the vaccine development and approval process, as well as overall trust in the government health systems, may play an important role in reducing vaccine hesitancy. - NCAER
Furniture rental startup Furlenco raises Rs 20 crore in venture debt from Blacksoil Furlenco has furnished over 150,000 homes across eight major cities in India and has AUM (assets under management) worth over Rs 200 crore. TechSamvad January 22, 2021 14:01:07 IST Furlenco logo
Blacksoil Capital on 21 January said it has invested Rs 20 crore as venture debt in furniture subscription platform Furlenco. Furlenco has raised close to $51 million in equity funding from investors like Lightbox Ventures, Crescent Ventures, Deepika Padukone and Burman Family Office. It has also raised close to $45 million in debt funding. The year 2021 will see a new phase of growth for Furlenco. We have a lot of exciting initiatives planned for this year that will unravel over the next six to nine months. We are delighted to have BlackSoil as our latest partner, Furlenco founde
Growth impetus
3one4 Capital Founding Partner
Siddarth Pai, it is imperative the Budget addresses the core issues of the startup ecosystem and provides a conducive environment for growth.
The primary challenges for the ecosystem are taxation, ease of doing business and fund inflow, both from domestic and overseas sources.
“India has more than 63 million MSMEs (micro, small and medium enterprises), which accounted for over 50 percent of exports in FY20 and there are over 40,000 DPIIT (Department for Promotion of Industry and Internal Trade)-registered startups,” says
Ankur Bansal, Co-founder and Director of debt fund BlackSoil Capital. “It is important for favourable regulatory changes to increase ease of doing business and attract investments into these companies.”