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Flipkart creates new foundation to support entrepreneurship

E-Commerce firm Flipkart has created a new foundation, with the similar name of the Flipkart Foundation, which aims to grow entrepreneurship, skill development, community development, livelihood opportunities and environmental responsibility initiates in India.

The Flipkart Foundation aims to impact as much as 20 million lives directly and indirectly over the next decade.

Among the luminary’s at the official launch of the Flipkart Foundation were Union Minister for Social Justice and Empowerment, Virendra Kumar, Union Minister of State for Micro, Small and Medium Enterprises Bhanu Pratap Singh Verma and Minister of State for Rural Development Sadhvi Niranjan Jyoti.
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Flipkart creates new foundation to support entrepreneurship

E-Commerce firm Flipkart has created a new foundation, with the similar name of the Flipkart Foundation, which aims to grow entrepreneurship, skill development, community development, livelihood opportunities and environmental responsibility initiates in India.

The Flipkart Foundation aims to impact as much as 20 million lives directly and indirectly over the next decade.

Among the luminary’s at the official launch of the Flipkart Foundation were Union Minister for Social Justice and Empowerment, Virendra Kumar, Union Minister of State for Micro, Small and Medium Enterprises Bhanu Pratap Singh Verma and Minister of State for Rural Development Sadhvi Niranjan Jyoti.

Growth in chip start-ups sees double the amount of investment in the last 5 years

With the continuing growth and use of artificial intelligence, global investment in chip start-ups have seen a growth of over 200% compared to 5-years ago.

According to PitchBook data, there was a total of USD 1.8 billion invested in chip start-ups, compared to USD 0.8 billion five years ago in 2017.

This figure is also looking to grow in 2022 with an estimate of USD 1 billion being invested by venture capitalists in chip starts-ups by the end of April 2022.

Among the funders of these new start-ups include the likes of Intel, Samsung and Qalcomm.
... See MoreSee Less

Growth in chip start-ups sees double the amount of investment in the last 5 years

With the continuing growth and use of artificial intelligence, global investment in chip start-ups have seen a growth of over 200% compared to 5-years ago.

According to PitchBook data, there was a total of USD 1.8 billion invested in chip start-ups, compared to USD 0.8 billion five years ago in 2017.

This figure is also looking to grow in 2022 with an estimate of USD 1 billion being invested by venture capitalists in chip starts-ups by the end of April 2022.

Among the funders of these new start-ups include the likes of Intel, Samsung and Qalcomm.
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