It's been days, and I wonder why no startup founder, VC or journalist has corrected Maharashtra's CM Devendra Fadvanis.
At the recent Mumbai Tech Week summit, he claimed and rejoiced that Mumbai had trumped Bengaluru as the startup capital of India.
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Anonymous 4
Hey I am on Medial • 2m
if a startup raises money in mumbai but moves to bengaluru, that’s like claiming credit for a wedding when you were just the first date. 🙃
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It's been days, and I wonder why no startup founder, VC or journalist has corrected Maharashtra's CM Devendra Fadvanis.
At the recent Mumbai Tech Week summit, he claimed and rejoiced that Mumbai had trumped Bengaluru as the startup capital of India.
The 2008 financial crisis -
During the late 1990s, America was getting a huge inflow of foreign funds from Russia and many Asian countries. American banks naturally didn't want the money just lying around earning no interest, so they made it easier
So here’s what went wrong with Gensol & BluSmart. The founders, Anmol and Puneet Singh Jaggi, raised a fat ₹978 crore in loans from IREDA and PFC. The money was supposed to be used to build an EV fleet for BluSmart. But guess what? Only 4,704 EVs wer