Tech Entrepreneurs Association of Mumbai (TEAM)’s Post

Can startups and MSMEs propel India to global dominance? Tonight as part of our #YearEnders on ET Now Leaders of Tomorrow , Swati Bhargava, Co-founder of CashKaro.com & EarnKaro speaks to Ritwika Gupta about the  evolution of CashKaro, trends in Indian retail, fintech innovations & the immense contributions of entrepreneurs to India's economic growth & global ambitions. Only on ET Now at 7.30pm! IDFC FIRST Bank

Can startups and MSMEs propel India to global dominance? Tonight as part of our #YearEnders on ET Now Leaders of Tomorrow , Swati Bhargava, Co-founder of CashKaro.com & EarnKaro speaks to Ritwika Gupta about the evolution of CashKaro, trends in Indian retail, fintech innovations & the immense contributions of entrepreneurs to India's economic growth & global ambitions. Only on ET Now at 7.30pm! IDFC FIRST Bank

E-car innovation is not led by Honda or Toyota, but by Tesla Space innovation is not led by Boeing, but by SpaceX Quick Commerce innovation is not led by Walmart or even Amazon, but by by Zepto , Blinkit etc The one thing that common across all these companies are that they were all founded in this millennium. The objective of IDFC First Private Hurun India’s Self Made Entrepreneurs of the Millenia is 1- to understand more about Teslas and Spacexs of India 2- spotlight their stories. For instance, they have a cumulative value of 38 lakh crores, employing 12 lakh people! 3- to show the state governments as to why certain states are good at nurturingnmore self made entrepreneurs in this millennium. For instance, Bangalore, by a large margin is the capital for self made entrepreneurship in the country. Here are some of my analysis on the list. The full report here at www.hurunindia.com

Why are family businesses so important? They have been pivotal in shaping India’s growth story, both pre-and post-independence, building the foundation of the nation’s economy today. While tech-driven startups are gaining momentum, these family-owned enterprises have been the true pillars of India’s progress. In the inaugural Barclays Private Bank HURUN INDIA Most Respected Family Business Awards 2024, we explore the theme: Are Family Businesses the Pillars of Nation Building? Examining the Impact Through the Promoter’s Lens. Join visionary leaders with proud legacies as they share how their businesses have positively impacted the future of India. Watch the full video to discover their inspiring journeys and the significant role they continue to play in their industries. Click here to watch the full video: https://lnkd.in/g5mTpGun #FirstEdition #2024BarclaysHurunFamilyBusinesses #IndianLegacy #BusinessThroughGenerations #NextGenLeaders #FamilyEnterprises #HurunIndia #ValuableFamilyBusinesses #BarclaysPrivateClients #CelebratingLegacy #BarclaysPrivateClients #HurunIndia Anas Rahman Junaid HURUN INDIA Barclays in India Barclays Private Bank Nitin Singh Vivek Lohia Shreegopal Kabra George Muthoot George Adrish Ghosh Jupiter Wagons Limited RR Global MUTHOOT FINANCE LTD

I had higher expectations from IDFC FIRST Bank, especially since it's led by an entrepreneur who understands the challenges founders face. Founders don't need yet another neatly packaged, fancy service offering "unnecessary" mentorship, "more" networking opportunities, and stacks of promotional leaflets. 🙄 What they truly need, during crunch times, is something simple and practical : a loan or a working capital. Equity infusion isn't always the answer. Traditional banks may not be designed for high-risk lending and Startups often fall short of the broad-brush borrowing criteria applied across most SMEs and Start-Ups: - Track record of >2/3 years - Profitable operation - A healthy balance sheet This is where IDFC First Bank can lead the way. By bringing together veteran start up founders, experienced bankers, and officials from the Reserve Bank Innovation Hub (RBIH), there is an opportunity to create meaningful solutions that go beyond the usual offerings like a start-up lounge. Whether it's a Silicon Valley Bank-style model or innovative products that allow the banks to stretch their lending metrics, we need better and bolder lending ideas that truly supports India's entrepreneurial ecosystem. #funding #lending #startups Vaidya Sir, Vaidyanathan V

Axis Bank New Economy & Financial Sponsor business hosted Start-Up Social in Mumbai - where we brought together the brightest minds in the vibrant new economy ecosystem - visionaries, innovators, disruptors, investors & entrepreneurs who are redefining industries & shaping the future of business as they create the next generation of great companies. It was great to have the members of Tech Entrepreneurs Association of Mumbai (TEAM) join the event and engage in dialogues & conversations to further build & develop the tech start-up ecosystem. To navigate the complex journey from start-up to scale up, it's critical to embrace partnerships & forge alliances. Axis Bank is dedicated to forging powerful partnerships to help new age companies unlock new possibilities, fuel innovation & drive growth. #AxisBankStartUpSocial #axis #axisbank #axisstartupbanking #MumbaiTech #TEAM #startupbanking #NewEconomyGroup #axisstartup #neweconomy #startups

Can startups and MSMEs propel India to global dominance? Tonight as part of our #YearEnders on , Swati Bhargava, Co-founder of CashKaro.com & EarnKaro speaks to Ritwika Gupta about the evolution of CashKaro, trends in Indian retail, fintech innovations & the immense contributions of entrepreneurs to India's economic growth & global ambitions. Only on ET Now at 7.30pm! IDFC FIRST Bank

Did you know? The concept of zero, discovered by the "self-made mathematician" Brahmagupta, laid the foundation for the modern global economy. It was popularized by pioneers like Aryabhata, Al-Khwarizmi, and Fibonacci, eventually transforming the Roman Empire—the then #1 economy (773 AD). This spirit of creating something from nothing is mirrored by today's self-made entrepreneurs. The Hurun India IDFC First Private Self-Made Entrepreneurs of the Millennia List aims to be the "Aryabhatas and Fibonaccis" in narrating the story of India's new economy through the journeys of these visionaries. ✨ Our mission: 1️⃣ Inspire entrepreneurship. 2️⃣ Encourage governments to recognize why some cities thrive as startup hubs. 3️⃣ Shine a spotlight on these founders, sharing their success with the country and the world. Also find below a meaningful video made by the IDFC First Private's team that aptly summarises the objective of our partnership. Watch and let us know your thoughts. The full report in the comments section. HURUN INDIA IDFC FIRST Bank Vikas Sharma Shobita George Thanzeem Rahim Daxata Deshpande Ratna Esakkinathan

HURUN INDIA in association with IDFC FIRST Bank recently released a list of India's Top 200 Self-Made Entrepreneurs of the Millennia list for 2024. Key Highlights: 1) Dmart's Radhakishan Damani got number 1st spot, since Dmart grew by 44% registering a valuation of INR 3,42,600 Crores. 2) Zomato's Deepinder Goyal got 2nd spot being Zomato's market cap INR 2,51,900 Cr. 3) Swiggy's Sriharsha M. & Nandan Reddy got 3rd spot with their equity value worth INR 1,01,300 Cr. 4) MakeMyTrip's Deep Kalra & Rajesh Magow got 4th spot with MakeMyTrip's market cap worth INR 99,300 Cr. 5) Max Healthcare's Chairman & MD Abhay Soi got 5th spot with Max_HealthCare's market cap touching INR 96,100 Cr after securing funding from JP Morgan etc. 6) Policybazaar.com's Yashish Dahiya & Alok Bansal got 6th spot with PB_Fintech's market cap worth INR 78,600 Cr. 7) Dream11's Bhavit Sheth & #HarshJain got 7th spot with their equity value worth INR 66,500 Cr. 8) Zerodha's Nithin Kamath & Nikhil Kamath got 8th spot with their equity value worth INR 64,800 Cr. 9) Razorpay's Harshil Mathur & Shashank Kumar got 9th spot with their equity value worth INR 62,400 Cr. 10) Nykaa's Falguni Nayar got 10th spot with Nykaa's market cap worth INR 56,600 Cr. 11) Zepto's Kaivalya V. became India's youngest self-made entrepreneur. Source: HURUN INDIA IDFC FIRST Bank The Economic Times ********** For more such business & political coverages, please follow FrameCRM.com on LinkedIn, Twitter, YouTube, Meta, Snap Inc. & Instagram.

The text highlights the resilience of Indian billionaires, particularly focusing on Uday Kotak, the founder of Kotak Mahindra Bank. Despite experiencing significant financial losses, specifically a decline of Rs 15,954. 65 crore in market valuation due to disappointing quarterly earnings, Kotak remains one of the wealthiest individuals in India, with a real-time net worth of Rs 114,333 crore, according to Forbes. Kotak Mahindra Bank's shares fell nearly 5 percent, making it the largest underperformer among BSE Sensex firms, which contributed to a broader market decline. Nevertheless, the bank reported a 13 percent increase in profit for the September quarter, amounting to Rs 5,044 crore, driven by the success of its subsidiaries. On a standalone basis, the bank's net profit rose by 5 percent to Rs 3,344 crore, although this growth was tempered by increased provisions. Uday Kotak's journey began in Mumbai, where he grew up in a joint-family setting. His early aspirations to become a cricketer were thwarted by a head injury that required surgery and a lengthy recovery period. In the early 1980s, he established a financial agency, which eventually evolved into Kotak Mahindra Bank in 2003, positioning it among the top four private sector banks in India. Follow us startupshivay **** #investupmedia #startupfounder #startupbusiness #startups #startupindia #entrepreneurs #entrepreneurship #entrepreneurmindset #makeinindia #madeinindia #indianstartups #business #businessman #startupculture