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India start-ups News
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According to the venture capital firm Elevation Capital, the performance of employees continued to hold 50 percent of the weightage on salary increments while taking on additional responsibilities and receiving a promotion factored in about 20 percent.
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In H1 2023, the leading investors were IPV and Y Combinator and the largest funding round (in April) was reported by edtech unicorn Byju at $700 million.
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CM Arvind Kejriwal is expected to talk about various steps being taken to turn Delhi into a global startup destination
He is also expected to talk about providing access to affordable infrastructure for the hi-tech and service industry
The summit will be addressed and attended by government agencies, Angel Investors, Venture Capitalists, PEs, Global Industry Leaders, Global Wealth Entrepreneurs etc
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The objective of the fund is to build the ecosystem with world-class founders and ideas, Flipkart added.
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India has become a major investment destination for the Chinese companies.
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