We did our first offline event and it was LIT! 🔥🔥
Welcome to the weekly edition of the builders club startup digest. In one shot, we take you through all the happenings in the startup ecosystem and the club activities.
Ongoings in The Builders Club
We conducted our first offline event IRL!
We conducted our first offline event in Bangalore. It was a grand success; about 80-100 people turned up on a rainy Saturday afternoon as we had a panel discussions and Fireside chats with OG entrepreneurs like Akash Ghelani (Instamojo), Vineet Saxena (CARD91), Manish Pandey (JoshTalks) and many others!
Two startups also got a chance to pitch in front of investors. Click to read more about the event.
Top 3 news from the startup ecosystem
There were a lot of activities in the Startup Ecosystem this week:
- The Ministry of Consumer Affairs has requested that all non-ISI marked, inferior, or counterfeit ISI marked items be removed from ecommerce sites. The Government has looked into the draft Bill, where online pharmacies will now have to acquire a license in order to continue operating.
- Jitendra Singh, the Minister of State for Space, stated that proposals on space debris control, nano-satellites, and other areas have been received. Since the space sector's opening two years ago, more than 55 space-tech businesses have registered with ISRO.
- The Group of Ministers (GoM) met on Tuesday, and the final report will be submitted in August. Currently, an 18% tax is levied on online gaming sites for games that do not involve betting or gambling.
- On Wednesday, Disney announced the 2022 participants in their accelerator program, and leading Web3 startup Polygon is among them.
- Telangana Information Technology (IT) Minister KT Rama Rao has offered to campaign for the industry's cause with the government, noting the outflow of crypto entrepreneurs to Dubai.
Check out a Tweet that We had posted this week 👇🏼👇🏼👇🏼
Podcast Release
Shruti Agarwal, Founding Member, D2C Insider
Shruti Agarwal is the Founding Member of D2C Insider, Director at Shopmatic. D2C Insider is a unique community of more than 1000 direct-to-consumer native brands in India. Listen to the podcast where we decode the D2C Ecosystem!
About The Builders Club :
The Builders Club is a community driven platform which is an enabler in your startup journey.
We have multiple initiatives and events which we do regularly to help you accelerate your growth and move to the next stage of your startup life cycle.
Know more: https://www.thebuildersclub.me
Website | Discord Community | Twitter | LinkedIn | Whatsapp Updates