Author: Arabian Media staff

Amid the rapidly-evolving landscape of India’s entrepreneurial ecosystem, Bihar, traditionally known for its agricultural workforce and migration, is scripting a new narrative.“When we talk about startups, hardly anyone talks about Bihar,” says Nitish Mishra, Minister of Department of Industries, Gocernment of Bihar, in a conversation with Shradha Sharma, Founder and CEO of YourStory.“But I feel that gradually Bihar is getting visible on the startup map. In the last one year, the number of startups in Bihar has increased by 1,000,” the minister adds.Behind this surge lies a startup policy designed to create space for innovation, platforms to grow, and establish…

India’s space sector promoter IN-SPACe on Wednesday said it has facilitated the transfer of five technologies developed by the Indian Space Research Organisation (ISRO) to Indian companies, which could reduce the country’s dependence on imports in the related fields.The tripartite agreements were signed between NewSpace India Limited (NSIL), the recipient industries, and Indian National Space Promotion and Authorization Centre (IN-SPACe) at its headquarters in Ahmedabad.The transfers are aimed at driving commercialisation, strengthening self-reliance, reducing imports, and enabling wider applications of space technologies in sectors such as automotive, biomedical, and industrial manufacturing, an IN-SPACe statement said.One of the technologies, the Low…

Banking infrastructure platform TransBnk has raised $25 million in a Series B round led by Bessemer Venture Partners, with participation from Arkam Ventures, Fundamentum Partnership, and existing backers 8i Ventures, Accion Venture Labs, and GMO Venture Partners.The Mumbai-based company said it will use the fresh capital to expand internationally and strengthen its technology and product teams.Founded in 2022 by Vaibhav Tambe, Lavin Kotian, Pulak Jain and Sachin Gupta, TransBnk offers a “single-window” API platform that lets fintechs and corporations connect with multiple banks for onboarding, payments, and reconciliations. The company has integrated with more than 40 banks and supports over…

India’s festive hiring rush is no longer confined to warehouses and delivery fleets. From content creators and CRM operators to live commerce hosts and merchandising assistants, companies have stepped up hiring for short-term white-collar talent to manage customer demand. “As companies gear up for a surge in customer activity from August to December, top ecommerce, quick commerce, and D2C platforms are expanding their temporary workforce to handle the increased volumes in customer support, digital operations, and content delivery,” says Neeti Sharma, CEO, TeamLease Digital, the tech-focused hiring arm of the staffing player. Randstad India also estimates resilient white-collar hiring, with July recording…

Hello,Dread it, ignore it, US tariffs are here all the same. President Donald Trump’s doubling of tariffs on imports from India took effect on Wednesday, dealing a severe blow to strategic ties between the two countries.The move takes total duties to as high as 50% for goods such as garments, gems and jewellery, footwear, sporting goods, furniture and chemicals—among the highest imposed by the US, on par with Brazil.So, what now? Well, the punitive tariffs have wiped out any gains from importing discounted Russian oil (one of the key reasons behind the double tariffs). Exporters are now bracing for a sharp decline…

Indian merchants and exporters have long struggled with the gaps in cross-border payments. Traditional bank transfers are slow, expensive, and opaque, while global gateways are not built with India’s unique requirements in mind. For businesses trying to serve international customers, this could translate to poor payment approval rates, compliance hurdles around foreign exchange and inward remittance documentation, and a lack of transparency in settlement timelines. These could ultimately result in lost revenue and operational delay, and hamper efforts to scale globally.These gaps caught the attention of Prachi Dharani, Rohit Sukhija, and Yogesh Lokhande, who had spent years working at Visa, a…

Forget “digital native,” the term that refers to those who began interacting with digital technology at a young age. “AI native” is the new label getting entry-level college graduates six- or seven-figure salaries right out of school — and it’s all about capitalizing on young workers’ ability to use AI.According to a Tuesday report from The Wall Street Journal, though the unemployment rate for entry-level workers as a whole was 4.8% in June, higher than the 4% for all workers, companies are still hiring college graduates with AI experience.Data analytics firm Databricks, for example, is hiring three times as many…

Opinions expressed by Entrepreneur contributors are their own. At the recent Entrepreneur Level Up Conference, entrepreneurs from across the country gathered to gain strategies, inspiration and practical insights from a lineup of well-known successful entrepreneurs. I was honored to host the conference and partner with Entrepreneur.One of the headliners, Robert Herjavec — investor, entrepreneur and star of Shark Tank — delivered a keynote packed with wisdom for founders navigating today’s unpredictable business landscape.Herjavec’s insights were not abstract theories. They were hard-earned lessons forged in the trenches of entrepreneurship — lessons that spoke directly to the challenges and aspirations of the…

Amazon is completing its takeover of Whole Foods, eight years after buying the grocery brand for $13.7 billion.The Wall Street Journal reported on Wednesday that on Nov. 10, Amazon plans to give new job offers to U.S. Whole Foods corporate employees, complete with new titles, salaries, and benefits.The affected employees work in positions ranging from merchandising to marketing, and will be offered a month to review the new compensation packages, according to the report. Under the new job offers, corporate Whole Foods employees will gain Amazon discounts and healthcare benefits, but lose perks, including four weeks of remote work a…

Opinions expressed by Entrepreneur contributors are their own. The Federal Trade Commission (FTC) has triggered a seismic shift in U.S. labor policy, issuing a final rule that effectively bans new non-compete agreements. Long used to restrict worker mobility, these contracts are now in limbo after immediate legal challenges halted the rule.This guide breaks down what you need to know to protect your business and turn disruption into advantage.A deep dive into the FTC’s final ruleThe FTC’s final rule declares that “non-compete clauses represent an unfair method of competition and therefore violate the FTC Act.” This sweeping protection extends beyond employees…