Author: News Desk

This pandemic is unlike anything we have seen or experienced. People might say that there have been slowdowns in the past – in 2016, 2008 and 2002 and go back a little further. “But, please understand that this kind of total lockdown and the profound impact it has on business at all levels have never been seen before, as it’s being discovered by countries across the world. So, don’t live in denial,” cautions C. Balagopal, mentor, entrepreneur and investor. “The damage to supply chains is deep and brutal and will take a long time to repair. This may extend to…

The world is curious about what will happen after the lockdown, especially in the business sector. This era might even be divided into two: pre-corona and post-corona. The current situation has taught people the importance of modern technology in business. “The present scenario also reminds us to maintain discipline in handling finance,” says Mathew Joseph, CEO of Fresh to Home. Because there will be some fixed expense even if a company stays closed and that needs to be managed. Some would even have spent the working capital to meet the expense. The lockdown reminds to handle the working capital carefully. It is very likely that a ‘Reserve Fund”…

Vedanta is planning to invest $20 bn, said group chairman Anil Agarwal It will be done probably during the privatisation of BPCL, Shipping Corporation, and Hindustan Copper The group has floated a fund for $10 billion Agarwal welcomed the recent privatisation move He said, at today’s market price, the government could get $1 trillion for its assets He said the government should privatise 20% of its assets The remaining should be corporatised with no shareholder owning more than 10%

Ola Electric has raised over $200 mn in funding recently Raised the money from Falcon Edge, SoftBank Group and others Ola Electric is now valued at $3 bn The funding will strengthen Ola’s ‘Mission Electric’ It will let the entity enter more EV platforms like electric cars Meanwhile, Ola IPO is likely to be launched in early 2022

Reliance Industries Ltd is in talks to buy a stake in Glance InMobi Pte Glance InMobi is an Indian mobile content provider backed by Google The conglomerate is considering investing about $300 million The transaction could be completed in the next few weeks Glance InMobi pushes curated news and entertainment content onto phone lock screens It also runs a short-video app The deal would give Reliance access to valuable lock-screen real estate Reliance is co-developing an affordable mobile phone model with Google The deal would also give Reliance access to the emerging short-video market

Home construction marketplace Kolo raises $550K from Better Capital Kolo is a Bengaluru-based startup Kolo will use the funds to build the initial team and product development It will also work for establishing a dominant position in the first few Indian markets Kolo was founded by Jery Althaf, Pranav Garg, Aayush Sharda and Vivek Mittal They were former executives of Southeast Asian unicorn GoJek Kolo provides a social-first digital platform for homeowners

The ‘One to many’ workshop, organised jointly by the US Consulate General Chennai and Pravah, offered an open discussion on various opportunities for female entrepreneurship.Anjali Chandran, founder of Impressa, and Nisha Krishnan, founder of Channeliam.com, have led the two-day webinar. Both Anjali and Nisha had participated in the International Visitor Leadership Program of the US State Department. Kerala Startup Mission project manager P.M. Riyas explained the government policies, funding, and market support. The second day of the workshop discussed the possibilities of the digital sector and the need for social entrepreneurship. Public Affairs Officer, U.S. Consulate General Chennai, Ms. Anne Sheshadri said that entrepreneurship is required for…

The first edition of ‘I Am An Entreprener’ held at Malappuram was subject to wide appreciation. The event became a platform for learning and networking for the entrepreneur community. The event opened the window for aspiring entrepreneurs to know about aspects to consider before starting their venture. Potential ventures, funding support and market potential were the highlighting themes of the event. I Am An Entrepreneur is organized by Channeliam.com in association with Kinfra, KSIDC and K-BIP. The first edition of the event was held at Perinthalmanna in Malappuram. Discussions on funding schemes Industry experts talked about funding supports including loans…

Student ambassadors of Channeliam.com’s campus learning program, I AM Startup Studio, have gathered at Kochi. As many as 50 students from 5 colleges in Kerala participated in the first-ever ambassador meetup organised at Integrated Startup Complex. Students from Sahrudaya College, Thrissur; Vidya College; UKF College, Kollam; and St. Thomas College, Ranni, participated in Spark 1.0. Discovering Campus InnovationsThe event kick-started with an ice-breaking session where Channeliam.com founder and CEO Nisha Krishnan welcomed the students to the program. Nisha Krishnan said that I AM Startup Studio was aimed at bringing innovations happening within the campus to the attention of the community.…

The flagship programme of channeliam.com, I AM Startup studio with an aim to promote entrepreneurship and innovation in colleges was launched in ST Thomas College, Ranni. This was the first arts and science college to be the part of I AM Startup Studio program which hitherto was conducted at engineering colleges. Priya Deepak, founder of Kitch.in, spoke to the students on the topic Entrepreneurship for Social Development. Channeliam.com founder Nisha Krishnan said that I Am startup studio is aimed at helping wannabe entrepreneurs learn the basics about entrepreneurship. Prof. Dr. Lata Marina Varghese, Principal of St. Thomas College, Ranni, opined…