Eminent Vietnamese Zen Buddhist monk Thich Nhat Hanh passes away at 95

Monday January 24, 2022

Thich Nhat Hanh, the revered Zen Buddhist monk who helped pioneer the concept of mindfulness in the West and socially engaged Buddhism in the East, has died. He was 95.

Indian-origin scientist among researchers behind world's 1st molecular-level analysis of Omicron

Monday January 24, 2022

A team of researchers, including an Indian-origin scientist at the prestigious University of British Columbia, has become the first in the world to conduct a molecular-level structural analysis of the Omicron spike protein, which could help accelerate the development of more effective treatments against the variant.

Myanmar sentences lawmaker from Aung San Suu Kyi's party to death

Monday January 24, 2022

A closed military court in Myanmar has sentenced a lawmaker from Aung San Suu Kyi's National League for Democracy (NLD) party and a prominent democracy activist to death .

Tiruvalla native Maju Varghese quits White House citing personal reasons

Monday January 24, 2022

Maju Varghese, the 44-year-old Indian-origin director of the White House Military Office, has stepped down from the prestigious post, owing to personal reasons.

Gems and jewellery exports grow 5.76% to USD 29 billion in April-December 2021

Monday January 24, 2022

Gems and jewellery exports in the April-December 2021 period grew by 5.76 per cent to USD 29.08 billion on account of healthy demand in major countries including the US, Hong Kong and Thailand.

Indian startups raised record USD 24.1 billion in 2021, reports Nasscom

Monday January 24, 2022

Indian startups raised a record $24.1 billion in 2021, a two-fold increase over pre-Covid levels, while $6 billion were raised via public markets with 11 startup IPOs, a new Nasscom report said The Indian tech startup base continues to witness steady growth, adding over 2250 startups in 2021, which is 600 more than 2020.

Indian startups raised record USD 24.1 billion in 2021, reports Nasscom

Indian startups raised a record $24.1 billion in 2021, a two-fold increase over pre-Covid levels, while $6 billion were raised via public markets with 11 startup IPOs, a new Nasscom report said The Indian tech startup base continues to witness steady growth, adding over 2250 startups in 2021, which is 600 more than 2020.

India, accounting for 70 unicorns, added a record number of new unicorns (42) in 2021 across 18 sectors, third highest after the US and China, with a cumulative valuation of newly-added unicorns standing around $90 billion.

While the US remains the leading source of foreign direct investment in start-ups, worldwide involvement is also growing in India and 50 per cent of the deals had at least one India-domiciled investor, the report noted.

The start-up ecosystem saw a 2X gain in cumulative valuation from 2020 to 2021, with an estimate of $320-$330 billion, demonstrating the sector's development and recovery throughout the pandemic. In the last decade, the ecosystem has played a key role in growing direct and indirect job opportunities, providing 6.6 lakh direct jobs and more than 34.1 lakh indirect jobs.

Established start-up centres like Delhi-NCR, Bengaluru, Chennai, Pune, Hyderabad and Mumbai account for 71 per cent of all startups. Outside of the developing start-up centres like Jaipur, Kochi, Kolkata, Chandigarh, and others, 29 percent of all startups are located. At least one-woman founder/co-founder is present in 12-15 per cent of start-ups and 10 unicorns.

Women-led start-up success stories, academia-led efforts, business programmes, and government initiatives are driving the inclusion and diversity flywheel . In terms of maturity and investments, BFSI, Retail and Retail Tech, Enterprise Tech, and EdTech reign supreme.

BFSI witnessed a breakout year, accounting for 13 Unicorns additions and over 35 potential unicorns, registering 25 per cent of investments in 2021.

Indian Grandmaster Lalith Babu wins tournament in Czech Republic

Monday January 24, 2022

Indian Grandmaster M R Lalith Babu emerged victorious in the Marienbad Open 2022 chess tournament in Czech Republic .

Sindhu wins Syed Modi International badminton title

Monday January 24, 2022

Two-time Olympic medallist PV Sindhu eased past young compatriot Malvika Bansod in straight games to win her second women's singles title at the Syed Modi International badminton tournament in Lucknow .

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Eminent Vietnamese Zen Buddhist monk Thich Nhat Hanh passes away at 95

Eminent Vietnamese Zen Buddhist monk Thich Nhat Hanh passes away at 95

Indian-origin scientist among researchers behind world's 1st molecular-level analysis of Omicron

Indian-origin scientist among researchers behind world's 1st molecular-level analysis of Omicron

Myanmar sentences lawmaker from Aung San Suu Kyi's party to death

Myanmar sentences lawmaker from Aung San Suu Kyi's party to death

Tiruvalla native Maju Varghese quits White House citing personal reasons

Tiruvalla native Maju Varghese quits White House citing personal reasons

Gems and jewellery exports grow 5.76% to USD 29 billion in April-December 2021

Gems and jewellery exports grow 5.76% to USD 29 billion in April-December 2021

Indian startups raised record USD 24.1 billion in 2021, reports Nasscom

Indian startups raised record USD 24.1 billion in 2021, reports Nasscom

Indian Grandmaster Lalith Babu wins tournament in Czech Republic

Indian Grandmaster Lalith Babu wins tournament in Czech Republic

Sindhu wins Syed Modi International badminton title

Sindhu wins Syed Modi International badminton title

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