Startup
India now home to over 158,000 startups amassing $155B in funding: DPIIT
India’s startup ecosystem has grown exponentially since the launch of the Startup India initiative in 2016, with the number of startups surging from around 400 then to over 158,000 today, according to the Department for Promotion of Industry and Internal Trade (DPIIT).
The campaign has been a cornerstone in fostering entrepreneurship and building a strong startup culture. “The initiative has been instrumental in transforming India into a nation of job creators rather than job seekers,” DPIIT Secretary Amardeep Singh Bhatia said during a briefing on January 10.
Startup funding has skyrocketed, reaching $155 billion by 2024, compared with just $8 billion in 2016. Additionally, the ecosystem’s reach is broadening with 48% of startups now originating from Tier II and III cities, DPIIT Joint Secretary Sanjiv Singh noted.
India’s unicorn count has expanded dramatically, increasing from eight in 2016 to 118 by 2024. The sector has also created over 1.7 million jobs, he added.
Key policy boosts, including removing the angel tax in the last Budget and launching the Fund of Funds for Startups (FFS) scheme in 2016 have contributed to this growth. “The feedback indicates that the removal of the angel tax has been a major factor in encouraging startups to return to India,” Bhatia added.
On January 10, DPIIT also convened a meeting with representatives of over 75 alternative investment funds (AIFs) to explore strategies for enhancing startup funding across the country.
The Fund of Funds for Startups (FFS) was established with a corpus of Rs 10,000 crore to boost India’s startup ecosystem by facilitating access to domestic capital. Instead of directly investing in startups, the scheme provided capital to SEBI-registered AIFs, which, in turn, invested in startups through equity and equity-linked instruments.
The department has approached the top 100 NSE-listed companies to drive the development of manufacturing incubators. This effort seeks to boost capital mobilisation and strengthen the startup ecosystem by encouraging collaboration between established industry players and startups, with a focus on mentorship and support for emerging businesses.
The department has also approached some large corporates to boost manufacturing startups by identifying specific products that could be sourced from the firms, according to the official.
Startup
8 Carl Jung quotes to inspire your journey of self-discovery
Self-discovery is one of the most transformative journeys you can embark on. It’s a process of unravelling layers, understanding your unconscious motivations, and embracing your authentic self. Carl Gustav Jung, the renowned Swiss psychologist and psychoanalyst, devoted his life to studying the intricacies of the human psyche. His insights continue to resonate with individuals striving for personal growth and self-awareness.
Jung’s work often delved into the unconscious mind, the concept of individuation, and the “shadow self.” His words, as profound as they are timeless, challenge us to confront our inner complexities and rise to our fullest potential. Many of his most meaningful quotes can be found on platforms like Goodreads. These quotes inspire us to introspect, grow, and transform into the people we are meant to be.
In this article, we’ll explore eight of Carl Jung’s most impactful quotes, offering insights and explanations on how they can guide you on your journey of self-discovery.
8 impactful quotes from Carl Jung
1. “Your visions will become clear only when you can look into your own heart. Who looks outside, dreams; who looks inside, awakes.”
This quote perfectly encapsulates Jung’s emphasis on introspection. It suggests that the answers we seek are not in the external world but within ourselves. Dreams may inspire, but true awakening and clarity come from self-reflection. When we take the time to explore our hearts and minds, we discover who we truly are and what drives us.
2. “Until you make the unconscious conscious, it will direct your life and you will call it fate.”
Jung’s exploration of the unconscious mind is central to his philosophy. This quote reminds us that our hidden fears, desires, and motivations influence our actions more than we realise. By bringing these elements to the surface, we gain control over our lives. Otherwise, we remain victims of our unconscious patterns, mistaking them for external forces or “fate.”
3. “I am not what happened to me, I am what I choose to become.”
This quote speaks to the power of agency and choice in shaping our lives. While our past experiences influence us, they do not define us. Jung encourages us to take control of our narrative, focusing on what we can create and who we can become, rather than dwelling on past wounds.
4. “Knowing your own darkness is the best method for dealing with the darknesses of other people.”
Jung’s concept of the “shadow self” emphasises the importance of understanding and accepting the darker aspects of our personality. By confronting our own flaws and struggles, we develop greater empathy and patience for others. This quote is a powerful reminder that self-awareness is the foundation for meaningful and compassionate relationships.
5. “The privilege of a lifetime is to become who you truly are.”
For Jung, individuation—the process of becoming one’s true self—is life’s ultimate goal. This quote encourages us to embrace our individuality unapologetically, despite societal pressures or expectations. The journey to authenticity is challenging but deeply rewarding, making it a privilege worth pursuing.
6. “There is no coming to consciousness without pain.”
Personal growth is rarely comfortable. This quote highlights that confronting our unconscious mind and embracing self-awareness often involves pain and struggle. However, these challenges are necessary to move forward and achieve a deeper understanding of ourselves. Growth, as Jung implies, is a process of transformation that demands resilience.
7. “Man needs difficulties; they are necessary for health.”
Challenges are an essential part of human growth, according to Jung. They force us to adapt, learn, and evolve. This quote shifts our perspective on hardship, encouraging us to view struggles not as roadblocks but as opportunities for self-improvement and resilience.
8. “What you resist not only persists, but will grow in size.”
This quote dives into the idea that denying or suppressing certain emotions, desires, or fears only makes them more powerful. Jung believed in facing these aspects of ourselves head-on to integrate them into our psyche. Avoidance often leads to magnification, whereas acceptance leads to resolution and peace.
Takeaways
Carl Jung’s quotes offer profound insights into the complexities of self-discovery and personal growth. They challenge us to look inward, confront our unconscious, and embrace the parts of ourselves we often ignore. By reflecting on these timeless truths, we can better understand our motivations, grow from our challenges, and move closer to living authentically.
Let Jung’s wisdom be your guide as you navigate the intricate path of self-awareness. After all, the privilege of a lifetime is becoming who you truly are.
Startup
Startup news & updates: Daily roundup (January 10, 2025)
From
CEO Dennis Woodside highlighting the significance of India’s engineering and software talent to Zepto Cafe achieving 50,000 daily orders within a week, YourStory brings today’s headlines that highlight significant developments across industries.Featured news:
‘India is super important for us’: Freshworks CEO on harnessing engineering talent
CEO Dennis Woodside believes leveraging India’s vast engineering and software talent remains crucial for the software-as-a-service (SaaS) provider to innovate and expand globally.
“A vast majority of our team is in India. We have over 3,800 employees here spread across Hyderabad, Bengaluru, and Chennai. We built virtually all of our products—almost all of our code—here in India. That’s very unique,” Woodside says in an exclusive interaction with YourStory.
Freshworks’ strategy of basing the bulk of its engineering and product work out of India allows the firm to benefit from the nation’s deep energy for software development. This, according to Woodside, gives the Nasdaq-listed company an edge over most international companies that only have a portion of their product development in India.
Mudrex reports 200% growth in user base in 2024
Indian crypto investment platform
on Friday said it saw a 200% rise in its user base in 2024 as the company doubled down on building customer relationships and focusing on educating its users.“A lot of these (education, partnerships) initiatives finally started to bear fruit over the last year. We put in a lot of effort in helping people understand what crypto is, demystifying crypto, giving them a sense of how they can participate in investing in crypto without risking a lot and figuring out what’s the right balance between risk and reward so that they can invest with confidence and invest with the right outcomes in mind, “ said Edul Patel, Co-founder and CEO at Mudrex in an interview with YourStory. “That, I think, was a journey that we spent time on over the last year and I think that has helped us to our milestones today.”
Mudrex has also clocked in a 20X surge in monthly trading volume, touching $200 million. This refers to the total value of all trades executed on the platform. The company aims to onboard 10 million users by the end of 2025 by entering new markets and catering to a wider range of audience.
Latest News:
Quick food delivery app Bistro won’t use Zomato restaurant data: Blinkit CEO
Bistro by Blinkit, Zomato’s play in the quick food delivery space, will not use restaurant data from Zomato’s food delivery and dining-out operations.
“This is going to be a significant additional cost to us, but ethics and sticking to our word mean more than anything else to us at Zomato and we are not going to give it up to save some marketing cost,” noted Albinder Dhindsa, CEO of Blinkit, in a post on X.
Bistro’s standalone app is built by a separate team rather than being operated under Blinkit’s parent Zomato. Zomato will not even market Bistro, clarified Dhindsa in a post.
Zepto Café hits 50,000 daily orders within four weeks of app launch: CEO Aadit Palicha
Quick commerce major
’s 10-minute food delivery service, Zepto Café, has surpassed 50,000 daily orders just four weeks after the launch of its dedicated app, according to CEO Aadit Palicha. “In December, I posted that we launched a new app for Zepto Café (food delivered in 10 minutes), which was doing 30K orders/day. Just 4 weeks later, we have crossed 50K orders/day – that’s 60% month-on-month growth 🤯,” Palicha wrote in a post on social media platform X.Zepto Café, originally part of Zepto’s quick commerce app, was recently launched as a standalone app to capitalise on the growing demand for 10-minute food delivery. The move came amid growing competition from players like Swiggy, Zomato, magicpin, Ola Dash, BigBasket, and the new entrant, Swish.
Funding news:
Agentic AI startup Quash raises pre-seed funding from Arali Ventures
, a Bengaluru-based AI startup, has raised $635,000 in pre-seed funding, led by Arali Ventures, with participation from , PeerCheque, Matrix Partners, and co-founder Abhishek Goyal.
It plans to use the capital to expedite the development and deployment of its AI agents, enhancing its AI QA platform and expanding its developer-first community initiatives for speedy and accurate software releases.
Quash, an AI-driven startup based, aims to revolutionise the software testing landscape by offering two core offerings: Quash Report, an open-source bug reporting tool, and Quash Automate, an AI-driven QA agent that automates end-to-end testing, enabling development teams to achieve faster software delivery cycles and higher-quality products.
Other news:
Cornitos appoints Kumar Vishal as National Sales Manager to drive transformative growth
Greendot Health Foods Pvt. Ltd., the maker of Indian snack brand
, has appointed Kumar Vishal as its National Sales Manager. With 16 years of experience in the Food and FMCG sectors, including leadership roles at Adani Wilmar Limited, Vishal will drive the brand’s sales and distribution growth.His leadership is expected to play a key role in Cornitos’ expansion and market dominance, and the company is confident in his ability to lead the brand to greater success in the competitive snacking market.
Cornitos offers a range of products including Nacho Crisps, Taco Shells, Chunky Salsa Dips, Cheese dips, Roasted Premium Nuts, Cashews, Peanuts Almonds, Roasted Salted Pumpkin Seeds, Sunflower seeds, Coated Green Peas, and Pickles – Jalapeno Peppers & Gherkins.
With a wide distribution network across India, Cornitos products are exported globally to the USA, Australia, China, Russia, UAE, Saudi Arabia, Maldives, Hong Kong, Nepal, Sri Lanka, Pakistan, and South East Asia.
TechXpedite accelerator by Games24x7 welcomes 17 startups, Including Delhi’s Rising Innovators
has announced the cohort for its TechXpedite accelerator program, featuring 17 promising startups from across India, including two from Delhi.
Launched in October 2024, TechXpedite aims to foster entrepreneurship and technological innovation with support from state government stakeholders such as DPIIT and the governments of Karnataka, Telangana, and Maharashtra.
The program received over 330 applications across gaming, AI, and impact-driven inclusive technology, selecting 17 startups for an intensive growth-focused initiative.
Notable participants include LiaPlus AI and Gabify from the Inclusive Technology and AI categories, alongside others like Arficus, Cairovision, Chittoo.com, Noha.ai, Spoda, Zeuron.ai, Choira, Mple.ai, Qlan, Skitii, Glovatrix, BeAble Health, HomeGround, Tuttifrutti Interactive, and VocBot.ai.
The selected startups in TechXpedite will engage in a structured mentorship program, interacting with industry leaders, venture capitalists, and domain experts to address challenges and enhance their products and solutions.
Offering a comprehensive support ecosystem with masterclasses, networking opportunities, expert guidance, and credits worth over $500,000 from over 30 tech partners, TechXpedite aims to empower startups to scale, innovate, and drive impactful solutions, strengthening India’s startup ecosystem.
Supercoder expands hiring portfolio to include product owners and designers
Supercoder, a South Korean remote hiring platform, has expanded its portfolio to include Product Owners and Designers, aiming to meet the evolving demands of a dynamic market.
The platform, which connects top-tier software developers with global employers, is part of K-Startup Centre (KSC) – India 2024, an accelerator program run by The Circle: Founder Club.
The expansion reflects Supercoder’s mission to provide end-to-end solutions for global organizations, driving innovation and aligning product strategy with market demands. By bridging talent gaps across disciplines, Supercoder empowers businesses to accelerate growth and deliver exceptional user experiences.
Supercoder connects the top 5% of global developers through a rigorous vetting process, including interviews, coding tests, and technical interviews. Out of 110,000 applicants from over 15 countries, over 5,000 have passed. It offer development process and project management consulting to help domestic companies collaborate with overseas developers.
Agritech startup Wavar announces strategic partnership with Krushi Sarthi
Wavar, a agritech company, has partnered with Krushi Sarthi to accelerate the adoption of Integrated Pest Management (IPM) practices across key farming regions, advancing its mission of “Har Gaon IPM.”
This collaboration combines Wavar’s advanced IPM technologies with Krushi Sarthi’s grassroots farmer connections to reduce chemical dependency, enhance crop health, and improve profitability.
Krushi Sarthi will implement Wavar’s solutions through field training and knowledge-sharing, empowering farmers while promoting long-term sustainability, crop resilience, and economic growth.
(This article will be updated with the latest news throughout the day.)
Startup
GSK Velu’s Neuberg Diagnostics raises funds from Kotak Alternate Asset
Kotak Strategic Situations India Fund Il, managed by Kotak Alternate Asset Managers Ltd, has invested Rs 940 crore ($109.5 million) in diagnostic chain Neuberg Diagnostics Pvt. Ltd.
Neuberg will use the fresh capital to further its inorganic expansion strategy. Promoted by industry veteran Dr GSK Velu, Neuberg is known for acquiring and integrating leading regional diagnostics players and scaling them under the Neuberg platform.
In terms of funding in diagnostics segments, this is the largest primary fundraise in the Indian diagnostics segment and a debut private equity round for Neuberg Diagnostics.
“This funding will enable us to enhance our capabilities in the areas of personalised medicine and integrated diagnostics and inorganically expand our footprint across the country. As we prepare for an IPO, we remain committed to making high-quality diagnostics accessible to all, ensuring that our services continue to meet the evolving needs of clinicians and patients,” said Dr GSK Velu, Founder and MD of Neuberg Diagnostics.
Neuberg Diagnostics is one of the major diagnostic service providers in India, with a presence in the UAE, South Africa, and the US. Last year, Neuberg Diagnostics merged Neuberg Supratech Reference Laboratory, Ahmedabad, and Neuberg Anand Reference Laboratory, Bengaluru, with the parent company to streamline operations and enhance efficiency. Neuberg formed a 50:50 joint venture with Kolkata-based diagnostic chain Pulse Diagnostics to expand its footprint in the eastern parts of India.
According to Neuberg Diagnostics, it can perform over 5,000 varieties of pathological investigations. It provides various health checkup packages starting from Rs 1,000 to Rs 8,500.
Velu sold his 36.5% stake in the Mumbai-based diagnostics chain Metropolis Healthcare to private equity investor Carlyle in 2015. He is also the promoter of Trivitron Healthcare, a medical equipment manufacturer, and an investor in Kauvery Hospital, a Tamil Nadu-focused hospital chain.
o3 Capital acted as the exclusive financial advisor to Neuberg Diagnostics for the fundraising from Kotak Alt.
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