INTRODUCTION The outbreak of corona virus disease 2019 (COVID-19) has created a global health crisis that has had a deep impact on the way we perceive our world and our everyday lives.Not only does the risk of contagion and transmission trends challenge our sense of autonomy, but its long-lasting, global social and financial consequences arising from the orchestral and indirect consequences of disease still highlights a big issue.In particular, GDP forecasts for most regions and nations have already been seen declining, led by shocks to both domestic demand and output…
Read MoreDay: May 28, 2020
What can be done to make engineering education more equitable in India??
In order to make Engineering Education more egalitarian, we need to achieve more prominent equal opportunities in India, which will rely on improving the quality of education and upgrading both the quantity and quality of career knowledge in rural areas, especially in the most remote areas. Furthermore, the emphasis should be on reducing study costs. These are some of the ways in which the goal can be accomplished: 1. Career development sessions in schools: Schools can organize career development sessions by the professional to reduce the barrier of career related…
Read MoreWhat are the key barriers to accessing engineering education in India?
As we can see that the engineering field has expanded even more than everything else in due course during the growth of the tech industry. In the past thirty years, engineering is the fastest expansion in any segment of India’s higher education market, as in the research paper stated by Anirudh Krishna. India’s growing economy has opened up numerous prospects for higher-earning jobs. The developmental aspirations of students in the career paths of engineering are influenced by individual (personal), experiential and structural influences such as learning environments, self-efficacy and perceptions…
Read MoreBengaluru based LetsTransport , an Intra-city logistics marketplace raises ₹13 crores from InnoVen Capital .
Intra-city logistics marketplace, LetsTransport has raised ₹13 crores as a part of a new debt round from venture debt provider InnoVen Capital. Founded in 2015, by IIT-Kharagpur alumni, Pushkar Singh, Sudarshan Ravi, and Ankit Parasher, Bengaluru-based LetsTransport provides urban logistics solutions to enterprises by offering tech-enabled intra-regional transportation services.It also enables enterprise clients to book trucks and manage bookings through their mobile app, call and website. “We continue to be bullish on the logistics space and expect that organized players will continue to gain share on the back of higher efficiencies…
Read MoreChinese giant Alibaba backed Bigbasket to see 200 mn Dollars in new fund raise
Online grocer BigBasket is planning to raise around $150-200 million, two people aware of the development said, as the coronavirus outbreak and the nationwide lockdown are expected to boost online grocery sales. Supply chains were disrupted in the early days of the lockdown but, subsequently, e-commerce has emerged as the most viable alternative for people to source essential supplies such as groceries, as restrictions on movement and the fear of contracting the disease prompted more people to try home deliveries.BigBasket has “appointed Goldman Sachs and Morgan Stanley to help raise…
Read MoreIndia ahead of China in fintech funding in Q1 2020
India has overtaken China in attracting venture capital (VC)-backed investments in the fintech sector both in terms of deal value and volume in the March quarter, said data and analytics firm GlobalData. This comes amid diminished investment appetite for fintech startups due to the covid-19-led global economic crisis. China, where the pandemic originated, has been particularly hit hard.In the last two years, China’s fintech startup ecosystem was a breeding ground for VCs. This trend has now been reversed with Indian fintech startups attracting more investments.“In Asia, though there is an…
Read More