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1947 Rise ☀️: 220

1947tech.substack.com

1947 Rise ☀️: 220

India to be 2nd largest economy by ’50

shiva singh sangwan
Nov 21, 2022
Share this post

1947 Rise ☀️: 220

1947tech.substack.com

1. India to be 2nd largest economy by ’50: Adani

It took India 58 years to get to its first trillion dollars of GDP, 12 years to get to the next trillion and just five years for the third trillion

India will start adding a trillion dollar to its GDP every 12 to 18 months.

India will start adding a trillion dollar to its GDP every 12 to 18 months, putting it on track to be a $30 trillion economy by 2050,” Adani said.

India to be 2nd largest economy by '50: Adani

2. Companies need to show 2–3 quarters of profitability before IPOs now: Accel’s Shekhar Kirani

Shekhar Kirani, who bagged the Midas Touch Award for best investor at The Economic Times Startup Awards 2022, said companies must show profitability for at least two quarters before they approach the public markets.

Companies need to show 2-3 quarters of profitability before IPOs now: Accel's Shekhar Kirani


A podcast:

1947 Rise podcast with Karan Mohla, Partner and Head of India and SEA for early-stage investments at B Capital Group.

We covered:

- Karan’s professional journey so far

- Karan and B Capital’s thesis for India

- His views on India’s startup ecosystem now and the way forward

& more!

Watch the full conversation on Youtube: https://bit.ly/3X3bu7J


Worth your attention:

  1. Five Star Business Finance raises Rs 1,588.5 crore via IPO, lower than actual issue size Link

  2. Content management platform Contentstack raises $80 million in funding Link

  3. Softbank to sell Paytm shares worth $200 million via block deal tomorrow: Reports Link

  4. Edtech firm Simplilearn raises $45 million in funding led by GSV Ventures Link

  5. Diabetes-care startup BeatO gets $33 million in round led by Lightrock Link

  6. Unitus Ventures to close $100 million third fund next year; to focus on job-tech startups Link

  7. Govt has earmarked Rs 1,000 crore to fund chip design startups: Rajeev Chandrasekhar Link

  8. Amid funding winter, Tiger Global’s Scott Shleifer to visit India next week Link

  9. The women building and shaping India Link

  10. B2B procurement marketplace ProcMart raises $10 million in Series A funding round Link

Thank you for reading. Please share any feedback, questions or comments with me on Twitter :)

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1947 Rise ☀️: 220

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