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![ARJUN MOHAN: Edtech suddenly became everyone's favourite whipping child](https://reseuro.magzter.com/100x125/articles/259/1497427/SjYJmiC0u1699349146841/ARJUN-MOHAN-EDTECH-SUDDENLY-BECAME-EVERYONES-FAVOURITE-WHIPPING-CHILD.jpg)
ARJUN MOHAN: Edtech suddenly became everyone's favourite whipping child
Behind the fall of the edtech sector is a string of factors, like drop in demand due to reopening of offline classes, failure of start-up founders to adapt to the post-Covid market requirements, mounting losses, etc. In fact, the fall of edtech unicorn Byju's from grace happened during this period. Arjun Mohan, who has worked extensively in the edtech sector, fears that all the negative narrative around it might affect the perception about online education, one reason why he decided to write a book about the sector
!['Our Start-Ups Will Navigate through Global Challenges'](https://reseuro.magzter.com/100x125/articles/259/1497427/-LV-j2FbD1699348917926/OUR-STARTUPS-WILL-NAVIGATE-THROUGH-GLOBAL-CHALLENGES.jpg)
'Our Start-Ups Will Navigate through Global Challenges'
As a minister of state holding the dual portfolio of the Ministry of Electronics and IT (MeitY) and the Ministry of Skill Development and Entrepreneurship, Rajeev Chandrasekhar holds a vantage point in viewing the rise of tech-enabled start-ups in India. In an interview with Abdul Haleem Sherif, he delves into the dynamic growth journey of India's innovation ecosystem and the pivotal role that the Central government is playing in shaping its trajectory. Edited excerpts:
![Symbiosis in Start-Up Why City Ecosystem: Clusters Matter](https://reseuro.magzter.com/100x125/articles/259/1497427/1KGMqsNbO1699348683628/SYMBIOSIS-IN-STARTUP-WHY-CITY-ECOSYSTEM-CLUSTERS-MATTER.jpg)
Symbiosis in Start-Up Why City Ecosystem: Clusters Matter
In the bustling avenues of Shenzhen, a group of innovators huddle together in a co-working space, creating the next big product in the \"Silicon Valley of Hardware\".
![HOW CITY CLUSTERS MOVE START-UP GROWTH STORY](https://reseuro.magzter.com/100x125/articles/259/1497427/EoLoK3cEF1699348442593/HOW-CITY-CLUSTERS-MOVE-STARTUP-GROWTH-STORY.jpg)
HOW CITY CLUSTERS MOVE START-UP GROWTH STORY
THE OUTLOOK START-UP Outperformers 2023 identified eight city clusters for the purpose of ranking the best start-up ecosystems in India. The Delhi NCR cluster, which includes Gurgaon, Noida and Greater Noida, tops the list.
![Rise of the NEXT RUNG](https://reseuro.magzter.com/100x125/articles/259/1497427/AZat3Nm7d1699348208158/RISE-OF-THE-NEXT-RUNG.jpg)
Rise of the NEXT RUNG
Cities like Hyderabad, Pune, Ahmedabad, Kolkata and Noida+Greater Noida are attracting entrepreneurs and investors looking for alternatives to Top 5
![A TALE OF 5 CITIES](https://reseuro.magzter.com/100x125/articles/259/1497427/ZgrVL6J231699347922669/A-TALE-OF-5-CITIES.jpg)
A TALE OF 5 CITIES
The lure of reigning start-up hubs, like Bangalore, Mumbai, Delhi NCT, Chennai and Gurgaon, remains strong even as several Tier II and III cities vie for a larger share in the growth pie. A conducive environment, built by availability of wider talent pool, infrastructure incubators, mentors, investors, etc., lures new and aspiring founders to these cities
![Behind Every Successful Start-Up, There is a Diligent Mentor](https://reseuro.magzter.com/100x125/articles/259/1497427/sZv_HOkKa1699347692554/BEHIND-EVERY-SUCCESSFUL-STARTUP-THERE-IS-A-DILIGENT-MENTOR.jpg)
Behind Every Successful Start-Up, There is a Diligent Mentor
In today's entrepreneurial landscape, launching a start-up has become more accessible than ever before. With more and more incubators, micro-VCs and seed funds making capital accessible, the rise of low-code and no-code tools and availability of early adopters, be it consumers or businesses, the journey from ideation to initial product development has become easier.
![The Peril of Prioritising Start-Up Expansion over Positive Cash Flow](https://reseuro.magzter.com/100x125/articles/259/1497427/yDaYaPnc-1699347565317/THE-PERIL-OF-PRIORITISING-STARTUP-EXPANSION-OVER-POSITIVE-CASH-FLOW.jpg)
The Peril of Prioritising Start-Up Expansion over Positive Cash Flow
Show me the money!\" screamed the character played by Cuba Gooding Jr in the Hollywood hit movie Jerry McGuire. He may as well have been saying this to start-ups. It encapsulates a fundamental principle in the valuation of businesses: the importance of positive cash flow.
![The Start-Up World between IITs and IIMs](https://reseuro.magzter.com/100x125/articles/259/1497427/NMp0q4-aJ1699347400169/THE-STARTUP-WORLD-BETWEEN-IITS-AND-IIMS.jpg)
The Start-Up World between IITs and IIMs
Is it necessary for a founder to be an alumnus of India's elite institutes, such as IIT's or IIMs? One way of analysing this question is by re-orienting it to look at the outcomes: \"Will an education from an elite institution make me an elite founder?\" Or, to consider another problem-solving paradigm: \"Is a founder really a founder unless they have received the stamp and branding of these institutions?\" Or a more accurate one: \"What is it about becoming an entrepreneur that requires such credentials?\"
![It is Never Too Early to Pay Attention to Unit Economics](https://reseuro.magzter.com/100x125/articles/259/1497427/K9dY_CmoF1699347304915/IT-IS-NEVER-TOO-EARLY-TO-PAY-ATTENTION-TO-UNIT-ECONOMICS.jpg)
It is Never Too Early to Pay Attention to Unit Economics
India's start-up ecosystem, comprising founders, investors and experienced start-up professionals, has lived through multiple phases in its journey. It has seen the euphoria of high growth and rising valuations. It has also battled the challenges of high cash burn and funding squeeze.
![Entrepreneur's Balance](https://reseuro.magzter.com/100x125/articles/259/1497427/xbRzAj9NI1699347158911/ENTREPRENEURS-BALANCE.jpg)
Entrepreneur's Balance
The entrepreneurial roller coaster can often get turbulent and the lesson I have learned over the years is that the delicate balance between unit economics and growth can calm the choppiness.
![THE MARKET LEADER](https://reseuro.magzter.com/100x125/articles/259/1497427/_JTm_tFT91699346612045/THE-MARKET-LEADER.jpg)
THE MARKET LEADER
Our rankings begin with profiles of the best performing growth-stage start-ups in five major sectors. We also put the spotlight on three emerging sectors. Through company financials and other data, we analyse why these are the hottest start-ups
![Praycation: Religion To The Rescue Of Covid-Battered Travel Sector](https://reseuro.magzter.com/100x125/articles/259/1461439/TO6fBIlvK1696403235291/crp_PRAYCATION-RELIGION-TO-THE-RESCUE-OF-COVIDBATTERED-TRAVEL-SECTOR.jpg)
Praycation: Religion To The Rescue Of Covid-Battered Travel Sector
By investing in the development of pilgrimage destinations, governments are harnessing the potential of religious tourism as a growth driver for the overall tourism sector. At the same time, it is good politics too
![LUXURY PLAYTHINGS](https://reseuro.magzter.com/100x125/articles/259/1461439/hmqC7SlIb1696832755435/LUXURY-PLAYTHINGS.jpg)
LUXURY PLAYTHINGS
From opulent gadgets to high-end leisure essentials, some products are passport to a refined globetrotting experience. Kartikeya Shankar lists the ones that travellers should invest in
![For The Pleasure Of Waiting](https://reseuro.magzter.com/100x125/articles/259/1461439/ZbHfPw4Mb1696402709146/crp_FOR-THE-PLEASURE-OF-WAITING.jpg)
For The Pleasure Of Waiting
Airports are increasingly being designed or revamped to make waiting a memorable experience for passengers. From food to shopping to entertainment, they have it all covered
![JETSETTER'S GUIDE TO BUSINESS TRAVEL](https://reseuro.magzter.com/100x125/articles/259/1461439/G3GvVXp4U1696403757716/JETSETTERS-GUIDE-TO-BUSINESS-TRAVEL.jpg)
JETSETTER'S GUIDE TO BUSINESS TRAVEL
Business travel is an important pillar of the tourism sector. Navjit Ahluwalia, senior vice president and India head of hospitality behemoth Hilton, lists his top five preferred business travel destinations, each offering a mix of economic vitality, cultural richness and infrastructure
![THE SOCIAL INTROVERT](https://reseuro.magzter.com/100x125/articles/259/1461439/uZh2M8XEB1696403650534/THE-SOCIAL-INTROVERT.jpg)
THE SOCIAL INTROVERT
Amit Choudhary, chief operating officer of IT services major Wipro, is a self-confessed introvert who loves planning most of his non-work activities, be they golfing, skiing, playing board games or watching movies, around his family and friends
![Madhivanan Balakrishnan: IDFC FIRST is digitally savvy, knows customers well to build services around their needs](https://reseuro.magzter.com/100x125/articles/259/1461439/frJ-lMOLE1696403487712/MADHIVANAN-BALAKRISHNAN-IDFC-FIRST-IS-DIGITALLY-SAVVY-KNOWS-CUSTOMERS-WELL-TO-BUILD-SERVICES-AROUND-THEIR-NEEDS.jpg)
Madhivanan Balakrishnan: IDFC FIRST is digitally savvy, knows customers well to build services around their needs
IDFC FIRST Bank has posted stellar results in the recent past. Riding on its digital capabilities, the bank is looking at constant innovation to serve its customers better. In a freewheeling interview with Suchetana Ray, editor, Outlook Business, and Nidhi Sinha, editor, Outlook Money, the bank's executive director and chief operating officer Madhivanan Balakrishnan talks about the bank's strategies, including the use of its digital capabilities, to enhance customer experience. Edited excerpts:
![NITIN GADKARI HIGH ON HIGHWAYS](https://reseuro.magzter.com/100x125/articles/259/1461439/S_LcSiFBe1696402856607/NITIN-GADKARI-HIGH-ON-HIGHWAYS.jpg)
NITIN GADKARI HIGH ON HIGHWAYS
Within the story of India's rapid infrastructure development, it is hard to miss the swanky expressways and highways that are giving the much-needed thrust to the country's ambitions. The man behind the massive infra push is Nitin Gadkari, minister of road transport and highways. In conversation with Neeraj Thakur and Rajat Mishra, Gadkari talks about his strategies for growth and dealing with issues like land acquisition and infrastructure financing. He also responds to the Comptroller and Auditor General's charge on Dwarka Expressway. Edited excerpts:
![LANDS THAT MEAN BUSINESS](https://reseuro.magzter.com/100x125/articles/259/1461439/wWdRG-THy1696402583477/LANDS-THAT-MEAN-BUSINESS.jpg)
LANDS THAT MEAN BUSINESS
Whether it is the bustling business districts of France, the tech-driven atmosphere of Ireland or the financial powerhouses of Germany and the US, each destination offers unique advantages for business travellers
![TEEING OFF: The Subtle Draw of Golf Course Beyond the Game](https://reseuro.magzter.com/100x125/articles/259/1461439/pLleCmtw01696402221150/TEEING-OFF-THE-SUBTLE-DRAW-OF-GOLF-COURSE-BEYOND-THE-GAME.jpg)
TEEING OFF: The Subtle Draw of Golf Course Beyond the Game
Golfing destinations are not just for professional golfers. Their exquisite and serene locations provide a perfect opportunity for family holidays as well as corporate gatherings. While there are several popular international destinations that offer golf holidays, India is fast catching up
![The OPULENT TOUCH to Travel](https://reseuro.magzter.com/100x125/articles/259/1461439/6eDCQi-7Y1696401898791/THE-OPULENT-TOUCH-TO-TRAVEL.jpg)
The OPULENT TOUCH to Travel
The luxury travel segment is growing worldwide, with travel enthusiasts with deep pockets willing to pay whatever it takes for experiences that are unique, lavish and unforgettable
![Vinita Bhatia: WHEN THE BUSINESS HOTEL RISES WITH A DIFFERENCE](https://reseuro.magzter.com/100x125/articles/259/1461439/1hAbqs5zR1696401630605/VINITA-BHATIA-WHEN-THE-BUSINESS-HOTEL-RISES-WITH-A-DIFFERENCE.jpg)
Vinita Bhatia: WHEN THE BUSINESS HOTEL RISES WITH A DIFFERENCE
Uniqueness, be it in terms of service offerings, additional amenities or environment sensitivity, is helping major business hotels stand apart in the crowd
![ESG CHECK-IN FOR RESPONSIBLE HOSPITALITY](https://reseuro.magzter.com/100x125/articles/259/1461439/1dqGN9SjL1696401365068/ESG-CHECKIN-FOR-RESPONSIBLE-HOSPITALITY.jpg)
ESG CHECK-IN FOR RESPONSIBLE HOSPITALITY
The interests of the hospitality industry are deeply intertwined with those of the environment and people. It must prove its commitment to upholding global environmental, social and governance standards for its survival and growth
![The Corporate Travel Conundrum](https://reseuro.magzter.com/100x125/articles/259/1461439/yrvqyA-8Q1696401079708/THE-CORPORATE-TRAVEL-CONUNDRUM.jpg)
The Corporate Travel Conundrum
Business travel was once a badge of honour. As corporate soldiers, we once used to march around at airport lounges, dressed in our navy and grey suits, holding on to our leather carry-on bags, with a copy of The Financial Times tucked under our arms.
![India's MICE Market Needs an Uplift](https://reseuro.magzter.com/100x125/articles/259/1461439/Wf29TGaop1696400965126/INDIAS-MICE-MARKET-NEEDS-AN-UPLIFT.jpg)
India's MICE Market Needs an Uplift
India’s booming economy and rising number of business visitors have contributed to the spectacular expansion of the country’s outbound meetings, incentives, conferences and exhibitions (MICE) travel sector. Unfortunately, the same is not the case for the inbound MICE market. India attracts less than 1% of the worldwide MICE industry despite its extensive history, tourist attractions and new economic centres.
![Corporate Travel Zooms Out to Reality](https://reseuro.magzter.com/100x125/articles/259/1461439/YbUgO_7Ol1696400882896/CORPORATE-TRAVEL-ZOOMS-OUT-TO-REALITY.jpg)
Corporate Travel Zooms Out to Reality
There are multiple shades and segments of tourism. The most notable among them are leisure, corporate, medical, education- and government-related and special interest travel. The last category includes travel for sports, films, adventure, pilgrimage and so on. Geographically, these forms of travel can be inbounded to or outbound from a country on a short haul or for long distance and for varying periods.
![BLEISURE BECKONS](https://reseuro.magzter.com/100x125/articles/259/1461439/GnvPNzuMp1696400572295/BLEISURE-BECKONS.jpg)
BLEISURE BECKONS
A portmanteau of business and leisure, rapid growth of bleisure in the last two years reflects the evolution of travel and brings hope to the hospitality and tourism industry
![THE IMBALANCES IN INDIA'S GROWTH STORY](https://reseuro.magzter.com/100x125/articles/259/1427788/70oF7ZzSd1694178114407/THE-IMBALANCES-IN-INDIAS-GROWTH-STORY.jpg)
THE IMBALANCES IN INDIA'S GROWTH STORY
There is a serious lack of understanding regarding the connections between the real economy and the financial economy, says author Nikhil Gupta. This interconnectedness is what makes the economy a complex subject to understand. In his book, The Eight Per Cent Solution, Gupta harps on the need to make fundamental structural changes if the country wants to attain 8% economic growth rate
![FinTech Game Is In The Data Cloud](https://reseuro.magzter.com/100x125/articles/259/1427788/dgGR2Ynb61693555078611/crp_FINTECH-GAME-IS-IN-THE-DATA-CLOUD.jpg)
FinTech Game Is In The Data Cloud
With customer acquisition and retention as prime drivers, fintech players want data patterns on fingertips. They are embracing data cloud to make a concerted move towards data-informed efficiency and product innovation