From LinkedIn: India’s startup landscape has evolved to become the third largest in the world, after the U.S. and China. In fact, Indian startups raised over $21 billion between January to August 2022, with one of LinkedIn Top Startups, upGrad, leading the way with a funding of $210 million in Series F funding. And this robust startup ecosystem is key to India realising its dream of becoming a $5 trillion economy by 2025.
Starting and growing a company has always been tough, but it’s especially tough right now. As the working world navigates widespread inflation and economic uncertainty, it’s getting more challenging for young companies to get investment and grow quickly.
But while it’s a challenging moment, some argue that innovative ideas are born in times of uncertainty. Operating under constrained resources and limited capital can push young companies to prioritise assets and values and adapt quickly.
AND CHECK OUT POETS&QUANTS’ TOP STARTUPS OF 2021 and MOST DISRUPTIVE STARTUPS OF 2021
From Georgetown McDonough: Georgetown MBA Admissions is now accepting Full-time and Flex MBA program applications for the fall 2023 semester. New this year, the application includes a revised video prompt and streamlined essay option to provide prospective students with more opportunities to share their unique experiences, passions, and personal interests throughout the application process.
“We want our students to bring their whole self to Georgetown McDonough when they arrive in our programs,” said Shelly Heinrich, associate dean for MBA Admissions and director of marketing. “The new video essay prompt helps our Admissions Team focus on the person behind the application so we can learn more about their personal goals and what they hope to bring to the Georgetown community in an authentic, genuine way.”
Looking beyond professional and academic achievements, the video essay asks prospective students to explore a hobby, passion, or interest they pursue in their free time – and why. The new video builds upon the written essay options which help the Admissions Team curate a diverse portfolio of students who bring varying personal and professional life experiences to the program.
From UC-Berkeley: A new academic fellowship program funded by UC Berkeley’s Haas School of Business and the Department of Economics will help Ukrainian scholars persevere with their work through the hardships of the war.
Scholars located in Ukraine and affiliated with a university, college, or research institute can apply for $5,000 grants to continue with their research and teaching. The $140,000 fund, granted equally by Berkeley Haas and Berkeley Economics, will help sustain up to 28 Ukrainian academics.
“This is going to be a tough year for many Ukrainian scholars in terms of security, housing, and budgets. Many have lost their homes, offices, labs, and classrooms,” said Yuriy Gorodnichenko, the Quantedge Presidential Professor of Economics and a member of the fellowship committee. “This fellowship not only gives people the means to survive and to have some time to do research, but also serves as an important sign of solidarity against Russian aggression.”
From Miami, Florida: The University of Miami business school dean will step down come Dec. 31 to start a sabbatical year in January 2023.
UM President Julio Frenk announced the news in an email Monday morning, praising John Quelch, 71, as an “admirable leader” who “left an indelible mark” on the Herbert Business School.
Frenk said Quelch agreed to stay on for a five-year term when he became dean on July 1, 2017. Quelch also serves as the university’s vice provost for executive education.
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