Why this investment banker aspirant decided to manufacture notebooks and paper products instead

One can never grow tired of the simple pleasure of putting pen to paper. While we live in a world of digital diaries and reminders on the cloud, the habit of writing things down has its own charm. Shreshtha Poddar loved jotting down little notes even as she tapped away at her phone and computer. This led to idea for Notex Notemakers, a notebook manufacturing company. Shreshtha’s father, Kailash Poddar, had always wanted to start a notebook manufacturing company, so that his four children could work together. But Kailash was unable to see…

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Paytm Education Brings Focus On Learning And Exams With Fee Payments, Financial Services

Paytm has announced its entry into the Indian education market, with Paytm Education. The platform, which will compete in the lucrative $101.1 Bn education market, is said to offer a full bouquet of services across payments (in-app and educational centres), commerce (coaching, scholarships, test preparation, admission forms etc.), financial support (student insurance, educational loans, EMIs, smart cards) and academic services. Paytm Education is looking to tap all areas in partnership with educational institutions, both private and government. It’s going after private entrance tests as well as public university tests, and government jobs,…

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[Funding alert] Education financing startup Propelld raises Rs 15 Cr from Stellaris Venture Partners and India Quotient

Propelld, a Bengaluru-based fintech startup that enables student education loans, on Monday, announced that it has raised Rs 15 crore from Stellaris Venture Partners and India Quotient. Existing investor India Angel Network Fund (IAN Fund) also participated in the round. Other investors in the round include Raghunandan G, founder of Taxiforsure and Ramakant Sharma, founder of Livspace, who participated as members of Stellaris’ Founder Network. Bibhu Prasad Das, Founder, Propelld said, “We are expanding the education credit market by creating tailor-made loan products with inputs from our institute and NBFC partners,…

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PM Narendra Modi’s lifestyle includes Yoga and so should yours! Here are 5 reasons why

Prime Minister Narendra Modi believes yoga is one of the most precious gifts given by the ancient Indian sages to the humankind. It teaches equilibrium and equanimity and is an integral part of our lives. According to him, yoga helps in achieving oneness among our body and soul and also with our families, society, and humankind. The world marked its 5th International yoga day on Friday. The United Nation Organization (UNO) on 11th December 2014 declared 20th June as annual calendar day for International Yoga after recognising the universal appeal and popularity…

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India becomes investment darling for sovereign wealth and pension funds

London: Sovereign wealth funds are piling into India, buying stakes in everything from airports to renewable energy, attracted by political stability, a growing middle class and reforms making it more enticing for foreigners to invest. Wealth and state pension funds are expanding their horizons to private markets, to complement an existing focus on stocks and bonds. “India is popular with sovereign wealth funds,” said Tihir Sarkar, London-based partner at Cleary Gottlieb, which counts several prominent sovereign funds as clients. “Almost every jurisdiction in the western world is raising the bar for…

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Time Mindtree, L&T top brass sat and talked real business: Phaneesh Murthy

The Indian IT industry, which went through a high growth curve, has now entered a more mature phase. Many Indian companies today compete effectively against global peers across geographies. It is typical of a mature industry to undergo consolidation through mergers and acquisitions and the Indian IT industry is no different. From targeted IP-driven acquisitions to mergers such as the ones between iGate and Patni and then subsequently Capgemini and iGate, KPIT and Birlasoft, as well as Atos acquiring Syntel, this consolidation trend is here to stay. All these, however, were done with buyers…

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