VARINDIA IT MAGAZINE

Mushroom growth of edtech start-ups brings potential risk for the children's:  The   edtech market   is estimated to grow 4X in the next five years, from $2.8 Bn (2020) to $10.4 Bn (2025). With growing adoption during the lockdown months, edtech services and products are expected to have an addressable base of 37 Mn-plus paid users by 2025.   India has the world’s largest population of school-going children - 265 million. That number will rise substantially if higher education is thrown into the mix. With schools and colleges shut because of the  coronavirus  outbreak, online education companies are stepping in to fill the breach. It’s an opportunity worth billions.   With the outbreak of Covid-19 in India, followed by lesser state-specific and local lockdowns in 2021, though, private and public schools have struggled to facilitate classes with the limited number of online resources available. The Education sector is now one of the biggest targets...

Union Budget 2021: Focus on vision of Aatmanirbhar Bharat and Start-ups:  The Union Budget turns out to be an excellent budget but not a transformational budget as was made out to be. It has adopted a brilliant strategy of large scale infrastructure rollout, funded by asset monetization of existing road, power lines, gas pipelines and railway assets.   The budget also covers funding of New Education Policy which is what I have been asking for as it will provide the human resources needed for growth in this decade. Adequate provisions have been made for health, education, agriculture, MSME's and startups. Hope there is removal of GST on digital payments and removal of Angel tax as a followup of the budget.   The Union budget 2021 has brought relief for a lot of industries and is poised to take India to greater heights. For start-ups and entrepreneurs, one key highlight from the budget is the capital gains exemption for one more year to 31 March 2022, and secondly they will...

India Electronics and Semiconductor Association (IESA) have signed a memorandum of understanding (MoU) with STPI and IIIT-Bhubaneswar to establish the second ESDM Incubator in Bhubaneswar. Building on the success of the Electropreneur Park Delhi, this incubator will be housed at STPI Bhubaneswar to nurture start-ups and help them scale up by providing access to funds, market and mentors. The first Electropreneur Park housed at Delhi University has been operational for more than two years and has successfully incubated 22 companies with a combined market valuation of Rs.150 crore. The roadblocks to transform a product idea in electronics into a successful business are different from other segments. While cutting-edge technology is not readily available, the problem is compounded by lack of easy access to required tools, equipment for designing, testing, certifying and perfecting the product. This complexity adds to the cost of incorporation and product development of the start-up,...

With three datacenters located at Mumbai, Pune and Chennai, Microsoft is the first hyper-scale public cloud provider to offer services from local datacenters in India. The company announced the availability of its three datacenters in September 2015. Since then, Microsoft continues to witness a high rate of adoption of its cloud services across sectors like BFSI, healthcare, media & entertainment, telecom and government customers. With a complete portfolio of cloud services – Microsoft Azure , Office 365 and Dynamics CRM Online , Microsoft continues to lead the market by offering “cloud-on-your-terms”. The company has invested heavily in four key areas to strengthen its cloud services through the local datacenters – Security, Privacy, Compliance and Transparency... Read More