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Can Startups Save the World from AI?

I asked ChatGPT: Please write me 1000 words on what kinds of companies will be needed to help retrain and empower knowledge workers whose jobs will be reduced or eliminated due to advances in generative AI like ChatGPT. ChatGPT’s verbatim answer [**with my not-too-snarky commentary inserted in brackets**]: The increasing…

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India Mass Market: Bharat Dreams

A labyrinth of logistical, cultural, competition, and business modelling challenges is curbing private equity appetite for India’s quickly modernising proletariat When Amazon entered India in the early 2010s, there was much talk about accessing a 1bn-plus population of consumers. Read the entire article on AVCJ >

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Seed Capital Options

Pros and cons of the many options available for entrepreneurs raising seed capital in IndiaWe get the opportunity to talk to 100’s of entrepreneurs in India every year who are just getting their business off the ground and are looking to raise seed capital. One of first question we ask…

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Q&A: Unitus Ventures’ Surya Mantha

Indian returns-focused impact investor Unitus Ventures is sharpening its thesis around jobs as it celebrates its 10-year anniversary. Surya Mantha, a managing partner at the firm, traces the evolution

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Betterplace Launches Upskilling and Discovery Platform for Gig Workers

Bengaluru-based HRMS (Human Resource Management Software) platform for workforce management Betterplace has launched its platform for upskilling gig workers or part-time workers, Rocket, across six cities. The platform was piloted in Bengaluru and Mumbai in March 2022 and has close to 50,000 users as of date. The platform offers over 50…

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Awign Partners With Kerala Development and Innovation Strategic Council to Boost Employment in the State

Awign, a tech-enabled work fulfilment platform has signed a Memorandum of Understanding (MoU) with the K-DISC, Government of Kerala’s Development and Innovation Strategic Council to provide employment opportunities on its platform for the youth of Kerala. Transforming the Future of Work, the gig economy has the potential to impact 23.5 million workers…

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Startup Digest: Zomato Instant to Remain in the Pilot Phase, 18% GST on Sale of Ad Space on E-commerce Sites & Twitter Sues Musk as He Seeks to End $44BN Merger Deal

Zomato Instant will continue to remain in the pilot phase, 18% GST on sale of ad space, Twitter sues Musk & Anukul opens India’s first private rocket engine factory Zomato’s 10-minute food delivery service ‘Instant’ will continue to remain in the pilot phase until it makes business sense, founder Deepinder…

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The Creator Economy: Audience, Community & Revenue

As per reports, there are about 637 million smartphone users in India who spend an average of 4.6 hours per day consuming content. The country also has the highest data consumption per smartphone with 448 million active social media users. These numbers have led to the establishment of the ‘creator…

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Rondas de la Semana: Startups, Fondos Y Sectores Que Movieron LatAm

Un reporte de*Movile* (el holding detrás de *iFood*) dirigido por la plataforma brasileña de innovación *Distrito* identificó que se pactaron 4.200 transacciones en Brasil, México, Colombia y Argentina en los últimos cinco años y el 51% de estas se hicieron el año pasado. La mayoría ocurrió en Brasil (61%), seguido…

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Unitus Ventures is now Capria India

Unitus Ventures, a leading venture capital firm in India, is joining forces with its US affiliate Capria Ventures, a Global South specialist, to operate with a unified global strategy under a single brand, Capria Ventures.