The Commerce and Industry Ministry has suggested that the business community in the Northeast region of the country should focus on sectors like textiles, startups, and agriculture as they hold huge potential for investments, an official said.

The government has rolled out the North East Industrial Development Scheme (NEIDS) 2017 to promote industrialisation and job creation in this region.

“We have suggested they focus on sectors like textiles, agriculture and bamboo which hold huge potential to attract investments.

In the workshop, officials from the department resolved operational issues being faced by businesses in availing benefits under NEIDS.

The workshop and symposium will help revitalise demand and supply chains to unlock new business opportunities in these states,” the official added. | To read full story, visit https://startuparound.com/read/1575198006.0424106/Focus-on-textiles,-startups,-and-agri-to-attract-investments:-DPIIT-to-businesses-in-Northeast?ref=audio_experience

After creating waves across startups, artificial intelligence (AI) seems to have now entered the doors of justice.

The Chief Justice of India, SA Bobde, has recently said that the Supreme Court has proposed to introduce a system of AI which would help in better administration of justice delivery and constitution.

“We propose to introduce, if possible, a system of artificial intelligence.

Indian startups have been changing the face of many industries including ecommerce marketing, banking, healthcare, fintech among others by deploying AI.

Bill Gates, who was on a three-day visit to India, also spoke about how startups in India have revolutionized the healthcare sector by using automation. | To read full story, visit https://startuparound.com/read/1575196581.439932/SC-Proposes-Introduction-Of-Artificial-Intelligence-In-Justice-Delivery-System?ref=audio_experience

When we come to you, you will surely feel that India’s data protection law is of a robust nature,” Prasad said during a discussion in Rajya Sabha on Thursday (November 28).

Earlier, MeitY minister of state Sanjay Dhotre informed the Lok Sabha in a written response the DPB would categorise personal data into three categories: personal data, sensitive personal data, and critical personal data.

The survey ranked countries based on constitutional protections, statutory protection, privacy enforcement, biometrics, data sharing and the government’s access to data among other things.

The Data Protection Bill (DPB) was proposed to the government of India in July 2018 by a nine-member expert committee headed by Justice BN Srikrishna.

It has also set up a committee headed by Infosys cofounder S Gopalakrishnan to decide how to regulate non-personal data. | To read full story, visit https://startuparound.com/read/1575194774.877991/Soon-To-Be-Tabled-Data-Protection-Bill-Will-Balance-Privacy,-Protection?ref=audio_experience

And though these shutdowns indicate the health of the startup ecosystem since “failure is a byproduct of entrepreneurship,” for founders, often enough, it is a test of their endurance.

Sidharth says, “It occurred right after giants like Tiger Global, Naspers, and DST Global fuelled an investment frenzy in the ecosystem.

The book captures the stories of some of India’s biggest internet entrepreneurs like Sanjeev Bikhchandani (InfoEdge), Deep Kalra (MakeMyTrip), Deepinder Goyal (Zomato), Sahil Barua (Delhivery), Ashish Hemrajani (BookMyShow), Girish Mathrubootham (Freshworks), and more.

Sadly, many founders tend to gloss over this fact when talking about how they have 'made it’,” adds Sidharth.

The rise and growth of the Indian startup ecosystem has birthed thousands of stories, Sidharth points out that there is so much more that needs to be documented, discussed, and debated about the startup ecosystem in India. | To read full story, visit https://startuparound.com/read/1575192720.1064358/Busting-success-myths:-founders-of-Zomato,-Freshworks,-MakeMyTrip,-and-others-reveal-how-they-almost-blew-it?ref=audio_experience

With consumers’ desire to experience rising luxury, watch and jewelry rental services are increasingly promising.

To get an idea of ​​how this market operates, a London jewelry store, Glitzbox, offers an online jewelry rental service for a one-month subscription fee of £50 (which decreases to £43 for an annual subscription).

Realizing that there was no way for buyers to test a piece before spending large sums of money, Roy Tong co-founded Acquired Time, a Singapore-based monthly subscription service that provides luxury watches.

Founded in 2017, the company lends its customers a luxury watch per month, costing $ 73 to $ 375 per month with a minimum subscription of six months.

The London-based jewelry service provider began offering rental items about 20 years ago in response to customers saying, “I like it, but I don’t want to buy it,” explains Vaja. | To read full story, visit https://startuparound.com/read/1575190922.7757602/Luxury-Jewelry-And-Watch-Rental-Is-On-The-Rise---Young-Upstarts?ref=audio_experience

Jio Platforms Limited will act as an umbrella platform for all the Reliance-owned digital businessesAfter deciding to set up a new subsidiary for its digital services businesses, Mukesh Ambani-led Reliance Industries Ltd (RIL) has now announced that the new venture will be called Jio Platforms Limited.

Jio Platforms Limited is expected to act as an umbrella platform for all the Reliance-owned digital businesses including Reliance Jio, MyJio, JioTV, JioCinema, JioNews and JioSaavn.

Jio Platforms was incorporated on November 15, 2019, and is yet to commence its business operations, according to RIL.

Additionally, the Jio Platforms will also acquire RIL’s total equity investment of INR 65K Cr in Jio.

He also added that Jio Platforms will focus on digital services in healthcare, education, agriculture, commerce, government-to-citizen services, gaming and manufacturing sector among others. | To read full story, visit https://startuparound.com/read/1575189006.3644145/‘Jio-Platforms’:-Reliance-Digital-Services-Including-Jio-Find-New-Home?ref=audio_experience

The startup usually has a higher risk of falling victim to bankruptcy.

There are different types of loan policies, and then there is a chance of loss at the startup, and hence the chance of bankruptcy also increases.

Here we are going to guide you regarding the budget management for any kind of startup as well as how to ensure that you are able to avoid bankruptcy no matter how many loans you have to worry about.

Debt Settlement LawyerEvery startup and seasoned business need a debt settlement lawyer for any kind of relevant legal advice.

I hope the above ideas will help you to avoid bankruptcy. | To read full story, visit https://startuparound.com/read/1575187207.717477/Learn-How-to-Avoid-Bankruptcy?ref=audio_experience

Read all about his adventures in our exclusive interview with this young sportspersonRehan PonchaIf you love adventure, why not hire a caravan?

As the Penguin Classics Festival is underway at several bookstores this month, here’s your chance to browse through 2,500 unique titles.

Elda Rotor, Vice President and Publisher, Penguin ClassicsIf you love puzzles and games that require a lot of intelligence, you might enjoy the concept of the ‘Escape Room’.

Check out an escape room game near you this weekend.

Smriti Rajgarhia, Director, Serendipity Arts FoundationIs your favourite author Ayn Rand? | To read full story, visit https://startuparound.com/read/1575185515.7976916/Best-of-Weekender:-Meet-swimmer-turned-golfer-Rehan-Poncha,-go-on-adventures-in-a-caravan,-and-explore-the-mysteries-of-an-escape-room?ref=audio_experience

Ordinary citizens and businesses are joining the global movement to combat climate change as well.

Overlooking InequalitySocial inequality does not receive the same kind of support climate change does.

Whether on a smaller scale if you’re wealthy, or on a larger scale if you’re not, climate change limits the human experience and expedites the end date of our species drastically.

There is widespread acceptance of climate change potentially being catastrophic.

Unlike the novelty of climate change, it’s a struggle we’ve faced recurrently since the beginning of civilization. | To read full story, visit https://startuparound.com/read/1575183611.3798132/Tackling-The-Crises-In-Entrepreneurship?ref=audio_experience

Zumutor, an immunooncology firm, researches and develops antibodies that can battle cancer.

Accel was also a part of her previous venture.“Getting investment in devices, pharmaceuticals and hospitals has been easier because of easy understanding.

But innovative therapy is complex,” said Kavitha.Currently, the firm has funding of $20 million.

IDG Ventures, Aarin Capital and the Karnataka government’s Information Technology Venture Capital Fund have also invested in the startup.Despite seed capital, it took the firm 14 months to set up its laboratory and other infrastructure.

The latter’s proprietary GPEx technology is meant to improve the efficacy of cancer treatment.Two years later, Zumutor inked a partnership for a biotherapeutic antibody discovery service with Syngene International. | To read full story, visit https://startuparound.com/read/1575181805.745154/This-firm-is-hunting-for-a-cancer-cure?ref=audio_experience