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Showing posts with the label Google

Google launches new school to mentor over 10,000 non-metro Indian startups 

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According to Google, 90 percent of all companies fail within the first five years. Google Startup School intends to assist India's tens of thousands of entrepreneurs in overcoming their growth pains. Google introduced the Startup School in India on Wednesday as part of its Startup Initiative, which aims to mentor over 10,000 businesses in Tier 2 and Tier 3 locations. The Startup School intends to assist India's tens of thousands of companies in overcoming their growth pains. As more companies and enterprises sprout up around the country, Google sees a need for programs that can integrate this expertise into a structured curriculum and disseminate it across a broad footprint.  According to Google, India has over 70,000 businesses, however 90% of all firms fail during the first five years of their journey for the same reasons - uncontrolled capital burn, faulty demand estimation, inadequate feedback loops, or a lack of leadership. "We have a plethora of f...

Google becomes latest investor in fintech Progcap via $40M funding round

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Google has invested in the Indian firm Progcap, which serves small and medium-sized enterprises, as part of its $40 million Series C fundraising round. Google became the newest investor in SME-focused fintech Progcap after taking part in the company's $40 million Series C fundraising round (around Rs 308 crore). Tiger Global Management and Creation Investments, both existing investors, lead the round. The New Delhi-based business was valued at $600 million in the financing, a threefold increase from its prior valuation of $200 million. Sequoia Capital India, another existing investor, also contributed, bringing the total Series C fundraising round to $70 million (about 539 crore). Progcap also intends to become operationally viable in the coming months, according to co-founder Pallavi Shrivastava in an interview on Monday. Desiderata Impact Ventures Pvt. Ltd., which runs Progcap, has raised approximately $100 million in equity capital in the previous year. It als...

Google launches startup accelerator program to help women entrepreneurs

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Google has announced a startup accelerator program for female entrepreneurs. The program will help them with matters such as hiring and financing. Tech giant Google has established a startup accelerator program for female founders on Tuesday, which would assist them in overcoming difficulties such as finance and recruiting. The first batch of the 'Google for Firms Accelerator – India Women Founders' will accept up to 20 women-founded co-founded startups in the nation and help them over the course of three months. According to Google, the initiative is part of a bigger push to improve the participation of women across all areas of India's digitally-trained workforce — be it entrepreneurship, professionals wishing to upskill, or fresh graduates seeking a head start on their career. Googles' ultimate goal in launching the program is to make technology broadly relevant and useful. Google stated in a blog post, "...we are thrilled to launch the Go...

Rejected by 50 firms Sampriti Yadav gives dream job tips after winning Rs 11 cr Google package

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Sampriti Yadav dreams for a high-paying job were realized when she got a Rs 11 crore package from Google. The Patna girl has now doled out several dream job tips. A woman from Patna has won a dream job with technological behemoth Google. The adage "failure is the best teacher" rings true for 24-year-old Sampriti Yadav, who recently accepted a Rs 11 crore package from Google. But, Sampriti, had to overcome numerous obstacles before achieving this height of achievement. Sampriti Yadav, who is currently employed at Google, had to attend over 50 interviews. "I used to get worried before interviews. My support system, though, — my parents and close friends – continuously urged me to do better. I spent hours researching large corporations. Most interviews with huge corporations are more like dialogues," Yadav explained. According to her LinkedIn page, Sampriti Yadav, who graduated from Delhi Technological University in 2021 with a Bachelor of Technology (BT...