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Meet the entrepreneurs and leaders working to change status quo

YourStory

YourStory · 1y ago

Meet the entrepreneurs and leaders working to change status quo

In 2024, several visionary leaders are making waves in various sectors with their innovative approaches. Aravind Arasavilli, Chairman of Exxeella Education Group, provides comprehensive support for international education and career aspirations. Prateek N Kumar, the CEO of NeoNiche, is redefining brand engagement through creativity and technology. Gaurav Aggarwal, the Founder of Savaari Car Rentals, offers reliable and convenient car rental services across India. Nitin Jain, the CEO of India PR Distribution, introduces innovative and cost-effective PR solutions. These leaders, along with others like Gaurav Garg, Sunil Pandita, and Nayan Verma, are reshaping their respective industries through their expertise and forward-thinking strategies.

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BYJU’S Claims US Court Denied Relief To Creditors

Inc42 · 1y ago

BYJU’S Claims US Court Denied Relief To Creditors

BYJU'S, an Indian edtech major, has accused its TLB lenders of creating fake narratives to tarnish its image. This comes after a US bankruptcy court issued orders for the arrest of a hedge fund manager for allegedly helping BYJU'S hide $533 million. BYJU'S claims that the judge denied the lenders' request for a mandatory injunction to deposit the funds with the court, and instead issued an interim injunction maintaining the status quo. The company alleges that the lenders are working with certain large investors to exploit the situation and extract monetary concessions.

From Phool to ZunRoof: 5 unconventional startups making waves in India

YourStory

YourStory · 2y ago

From Phool to ZunRoof: 5 unconventional startups making waves in India

The rise of outsiders in the Indian startup ecosystem is a testament to the power of unconventional thinking and innovative ideas. These ventures are rewriting the rules of business and challenging the status quo. Read the article on the source link below to know more-

Zerodha's Nikhil Kamath unveils inaugural WTFund cohort of innovators under 25

YourStory

YourStory · 10m ago

Zerodha's Nikhil Kamath unveils inaugural WTFund cohort of innovators under 25

Zerodha Co-founder Nikhil Kamath revealed the first cohort of entrepreneurs selected by WTFund, a non-equity grant fund for entrepreneurs aged 25 and under. The 15 selected startups are working on solving various issues in sectors like healthcare, AI, and sustainable goods. WTFund offers non-equity grants of up to Rs 20 lakh, mentorship from industry leaders, and support for legal and accounting needs. The aim is to foster the entrepreneurial spirit in India's youth and provide resources for young entrepreneurs to start and grow their ventures.

Lessons from The PayPal Mafia: The Power of Being Open-Minded and Contrarian

Internet

Internet · 11m ago

Lessons from The PayPal Mafia: The Power of Being Open-Minded and Contrarian

The PayPal Mafia's success was driven by their ability to be adaptable, think for themselves, have deep technical knowledge, challenge the status quo, pursue intellectual curiosity, cultivate a strong culture, and constantly innovate. Their approach emphasizes the importance of mindset, continuous learning, and a willingness to take bold, contrarian bets in the face of adversity.

HC restrains BYJU'S from allotting shares under 2nd rights issue

Inshorts · 1y ago

HC restrains BYJU'S from allotting shares under 2nd rights issue

The Karnataka High Court has restrained BYJU'S from allotting shares under its second rights issue till NCLT decides on the matter. The court also directed the edtech startup to maintain the status quo. This comes after a group of BYJU'S investors filed an appeal against an earlier order that set aside NCLT's stay on the rights issue.

NCLT orders status quo on shareholding of Aakash Institute amid Byju's legal dispute

Business Today

Business Today · 3m ago

NCLT orders status quo on shareholding of Aakash Institute amid Byju's legal dispute

The National Company Law Tribunal (NCLT) has ordered a status quo on Aakash Institute's shareholding amid concerns by Byju’s Resolution Professional regarding stake dilution. The NCLT will hear Aakash’s plea on April 30. The legal dispute is significant for Byju's strategic moves and financial health, affecting its ability to integrate acquisitions. Investors and analysts keenly watch the proceedings for their broader impact on India's edtech sector.

How These Women Entrepreneurs Support Other Women to Succeed

StartupTalky

StartupTalky · 1y ago

How These Women Entrepreneurs Support Other Women to Succeed

Women entrepreneurs and professionals are increasingly recognizing the importance of supporting and empowering other women in the workplace. Initiatives such as flexible working hours, maternity leave accommodations, and equal opportunities for hiring and promotions are being implemented to create a supportive environment. Many successful women leaders are actively providing guidance, mentorship, and networking opportunities to aspiring women entrepreneurs. Through their businesses, they are also contributing to uplifting marginalized women by providing training, employment, and access to essential products and services. The focus is on creating gender equality, breaking stereotypes, and fostering a collaborative and empowering environment for women to thrive in their careers.

BYJU’S Rights Issue: NCLT Asks Edtech Giant To Maintain Status Quo On Shareholding

Inc42 · 1y ago

BYJU’S Rights Issue: NCLT Asks Edtech Giant To Maintain Status Quo On Shareholding

The National Company Law Tribunal (NCLT) has ordered BYJU'S to maintain the current status quo regarding shareholders and their shareholdings. This comes as a result of a plea filed by General Atlantic Singapore and Sofina S.A., accusing BYJU'S of launching a second rights issue without permission. The NCLT has also halted BYJU'S from proceeding with the second rights issue until the petition against the first rights issue is resolved.

SC issues notice to Byju's resolution professional, Glas Trust, Riju Ravindran

Economic Times

Economic Times · 1m ago

SC issues notice to Byju's resolution professional, Glas Trust, Riju Ravindran

The Supreme Court issued notices to involved parties regarding Byju's insolvency case after BCCI and Riju Ravindran sought withdrawal of proceedings due to a Rs 158 crore settlement before the creditors' committee was constituted. The court has not restrained the resolution professional from asset disposal, with interim relief to be considered in the next hearing on July 21. Ravindran’s counsel also requested maintaining a status quo on the Corporate Insolvency Resolution Process.

Explainer-What is DeepSeek and why is it disrupting the AI sector?

Economic Times

Economic Times · 5m ago

Explainer-What is DeepSeek and why is it disrupting the AI sector?

Chinese startup DeepSeek has launched AI models reportedly rivaling top U.S. counterparts at lower costs, challenging the tech industry's status quo. Using less than $6 million in computing power, DeepSeek's AI models are gaining global attention and outperforming OpenAI's ChatGPT on Apple's App Store. Despite skepticism regarding chip use and training costs, DeepSeek's advancements are significant, highlighting China's AI progress and aligning with Beijing's strategic self-sufficiency goals.

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