Two entrepreneurs from Bengaluru pitched their sustainable stationery brand, Rescript, on Shark Tank India, offering recycled paper products and relying on corporate contracts for 90% of their sales. They sought Rs 1 crore in funding for 3.3% equity to expand their Rs 6 crore revenue projection. Despite interest from some ‘sharks’, they left empty-handed, with Anupam Mittal praising their B2B business model and suggesting they focus on becoming a primary brand for sustainability goals.
Full Article
Niti withdraws paper on GM crops import from US, signals govt stand
Niti Aayog has withdrawn a working paper advocating the import of GM soybean and corn from the US, reflecting India's cautious stance on transgenic food due to biosafety concerns. The government's position aligns with opposition from groups like the Swadeshi Jagaran Manch, emphasizing a preference for domestic agricultural integrity despite trade negotiations with the US. Want More Context? 🔎
Read more