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Mr. Sanjay Kumar: Pioneering Entrepreneurship and Innovation in India's Food Service Industry

VCCircleVCCircle · 1y ago
Mr. Sanjay Kumar: Pioneering Entrepreneurship and Innovation in India's Food Service Industry
Medial

Mr. Sanjay Kumar is a pioneering entrepreneur in India's food service industry. With a background in global conglomerates, he has led companies like Altran and Elior to success through strategic growth initiatives and acquisitions. In collaboration with industry partners, Mr. Kumar recently merged CRCL with another catering entity to create India's largest pure-play food services company. This company, named Rassense, is headquartered in Chennai and aims to introduce innovative solutions to the industry through collaboration and shared vision. Mr. Kumar's vision has garnered support from investors and is set to reshape the future of India's food service industry.

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ESKEYN Ventures founder pledges $9.6 million to IIT Hyderabad’s healthcare tech biz incubator

Economic TimesEconomic Times · 1y ago
ESKEYN Ventures founder pledges $9.6 million to IIT Hyderabad’s healthcare tech biz incubator
Medial

Sushant Kumar, founder of Tanushree Foundation and ESKEYN Ventures, has committed $9.6 million to the Center for Healthcare Entrepreneurship (CfHE) at IIT Hyderabad. The funding aims to support the expansion of innovation in healthcare technologies and promote the indigenisation of healthcare technology. The CfHE acts as a healthcare technology business incubator with the goal of accelerating the development and adoption of breakthrough healthcare solutions. This investment will help nurture aspiring healthcare entrepreneurs, providing them with resources, mentorship, and networking opportunities. The pledge reflects a commitment to driving positive change through innovation and entrepreneurship in healthcare.

IN-SPACe announces launch of pre-incubation programme for space startups

Economic TimesEconomic Times · 1y ago
IN-SPACe announces launch of pre-incubation programme for space startups
Medial

The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has launched a pre-incubation entrepreneurship development programme aimed at supporting early-stage space startups. The programme, called Pre-Incubation Entrepreneurship (PIE), will provide aspiring space tech entrepreneurs with the necessary tools, guidance, and business acumen to transform their ideas into reality. It will target students in technical courses, recent graduates, and early-stage start-ups focusing on space technologies. The 21-month programme will guide participants through phases of ideation, innovation, and prototype development, offering access to industry experts and networking opportunities. The goal is to foster innovation in India's space sector and create job opportunities.

Indian extended reality (XR) startups on growth trajectory

Economic TimesEconomic Times · 1y ago
Indian extended reality (XR) startups on growth trajectory
Medial

Indian XR startups are showing promising growth in the extended reality (XR) sector, with 76% of them catering to both domestic and international clients. The XR industry, including virtual reality (VR), augmented reality (AR), mixed reality (MR), and other technologies, is gaining traction in sectors like gaming, entertainment, education, health, and wellness. However, Indian startups face challenges in terms of global go-to-market strategies and distribution. Collaborative efforts between the government, academia, and private players are being made to strengthen India's XR foundation and foster innovation in this space. XR is expected to contribute $240 billion to India's economy by 2030, according to a report.

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