| | | Daily Capsule | 11th June 2022 | | | | Hello Readers,
The MSME (micro, small, and medium enterprises) sector forms the backbone of the Indian economy, contributing 30 percent to the GDP and employing over 110 million people.
Celebrating the accomplishments of entrepreneurs running small businesses, YourStory has returned with the fourth edition of the India MSME Summit —bigger and better than ever before!
To be held between June 21-27, 2022, the week-long event will see MSME industry stakeholders, regulators, government bodies, policymakers, technology solution providers, SMB entrepreneurs, and more, deep dive into various policies and initiatives for the sector.
The theme for the virtual summit this year is Beyond Resilience, exploring the impact of the COVID-19 pandemic, and how MSMEs survived.
Industry stakeholders, including Anil Bhardwaj, Secretary-General, Federation of India Micro and Small and Medium Enterprises; Crediwatch CEO Meghna Suryakumar; and Chandrakant Salunkhe, Founder and President, Federation of Indian SME Associations, will discuss the role of MSMEs towards making Aatmanirbhar Bharat.
Join us at India MSME Summit 2022 to be a part of an immersive, inspiring, and unique experience by registering on the link here . To partner at the India MSME Summit 2022, click here . |  | | Here are other highlights of today's Daily Capsule: -
Editor’s Pick: App Friday -
Startup Spotlight: Plutoverse -
News and updates and more… | | | Editor’s Pick: App Friday | Editor’s Pick App Friday |  | | Social media tends to have a dissociative effect, airbrushing our expectation of reality.
An antithesis of conventional social apps, BeReal’s mission is to inject social media feeds with a dose of reality. The France-based app sends a notification at a random time every day, prompting users to post a picture while going about their daily lives. Read more. | | | Startup Spotlight |  | | A metaverse of homegrown virtual avatars | | The popularity of the metaverse has recently put the spotlight on the "avatar economy". For Prashant Sharma and Arjun Dhurve, this seemed to be the perfect opportunity to launch Plutoverse, a virtual reality world where people seek entertainment and even live their daily lives in their virtual avatar forms. Read more . | | | | | Top Stories of the Week | -
Layoffs across Indian startups , especially in edtech, have spooked employees. However, there is a glimmer of hope as IT (information technology) and SaaS (Software-as-a-Service) have stepped up hiring plans. -
Innovation in blockchain technology and the rise of players in the Web3 space have led to an increase in demand for the right talent. The Product House (TPH), a Web3-focussed initiative by The Product Folks, aims to help even non-developers gain a footing in the Web3 ecosystem . -
Despite the Transgender Persons (Protection of Rights) Rules, access to surgeries and even basic healthcare for many transgenders remains a dream. Founded in 2021 by Mann Chavan, TALMS supports transgender people seeking reassignment surgeries . -
Conversation tech unicorn Gupshup has been on a spree, acquiring five companies in 10 months as it strengthens its team, product and customer base with a public offering in sight. Here’s how the companies fit in Gupshup’s future plans . -
BDR Pharmaceuticals has a lot on its plate–from venturing into biosimilars, opening a unit in the US to preparing for an IPO. SMBStory charts the company’s journey and the road ahead . | | Read more | | | | Startup Funding: Deals of the week | Startup Funding
Deals of the week | | | | | | | | | | | | | Brand Spotlight |  | | Take a sneak peek at social commerce platform Gobillion that is building the global-first group buying product ‘Gobillion Shopping Rooms’, with an aim to reach its target customers in cities across Tier 2 and beyond, who are underserved in e-commerce penetration. | | | | |  | | YourStory and Microsoft are joining hands to present a masterclass wherein a field expert will be decoding how cloud-native takes a huge load off entrepreneurs, leaving them free to focus on their core business areas.
To be conducted on June 17, 2022, from 4:00 PM to 5:00 PM, as a live masterclass, the webinar ‘Cloud-native pathways for the startups: Discovery to deployment’ will cover challenges faced by new customers while exploring and trying to leverage cloud-native services on Azure, along with the ways and techniques they can navigate through those challenges. Click here to read more. | | | | |  | | PayPal India recently partnered with YourStory for a discussion with D2C brands to highlight the potential of cross-border trade, challenges, and more at a roundtable titled "Going Global: Decoding The Story Of Indian D2C Brands’ Cross-Border Trade".
The key themes discussed were: Tapping the cross-border opportunity, establishing trust among the masses, key levers to crack global markets, and return orders and refunds. Know more! | | | | |  | | Ahead of the 16th Edition of EORS, these brands on Myntra share their excitement about how they are geared up for the mega carnival and launch an exciting range of collections such as tucker jackets, footwear, handbags and kidswear.
In this edition of ‘The Pathfinders’ series, we spoke to three homegrown brands, who were some of the biggest performers in the previous Myntra End of Reason Sale. Read on to know their story! | | | | | | Before you go, stay inspired with... | | — Radhika Gupta, MD and CEO, Edelweiss Asset Management Ltd | | | |
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