A startup is one of the most influential ways of turning promising ideas into global brands that disrupt the industry, and create tangible solutions that change the life of people across the planet for good. With tech, AI and IoT on the verge of changing the way the world works in the startup space, this is the perfect time for innovative startups in various fields like EdTech, FinTech, AI, SaaS etc to take the first steps towards establishing themselves as global leaders and pioneers of the future. Here are 5 game-changing startups to look out for in 2023: 1) Labster Industry: EdTech Funding: $34.2M Investors: Owl Ventures Labster was developed to help high school students perform scientific lab-based experiments without the risk of safety issues and the barrier of having world-class facilities that require a lot of funding and infrastructure. This revolutionary online platform allows students to perform lab experiments…

Sustainability is growing in its importance and necessity across the globe. Customers are more aware nowadays and they understand that brands must take the initiative to identify and fulfil their responsibility of reducing the environmental impact of their business activities.Packaging, as it stands, is a huge part of the sustainability debate. Sustainable packaging is the one of the most valued elements of a business in the eyes of consumers. According to research by Deloitte, 53% of the consumers believe that if a product uses minimal or recyclable, compostable, or biodegradable packaging, it makes it sustainable. Moreover, 31% of the consumers said this was a consideration when making a purchase. What is Considered as Sustainable Packaging?  Sustainable packaging uses materials that are environment-friendly, recyclable, not harmful to flora, fauna or people, and not generating greenhouse gases. Moreover, the materials should also not burden natural resources such as water, land and more…

With the startup boom taking over India in the last 2 decades, our country has seen a mammoth surge in the development of innovative products and services across all industries. Here are 5 startups that are becoming industry leaders and creating their own niches through game-changing innovation: 1) Thinkerbell Labs Founders – Sanskriti Dawle, Aman Srivastava, Dilip Ramesh and Saif Shaikh Industry: Education Solutions Net Worth: ~$25 million Thinkerbell Labs is a Bengaluru based startup that created the revolutionary product ‘Annie’ in its bid to make education more accessible to all. Annie is the world’s first Braille literacy device that enables visually impaired people learn how to read, write, and type in Braille. This tech-driven educational platform also has the feature of helping visually impaired learn in any medium of instruction that they prefer. 2) Vernacular.ai Founders: Sourabh Gupta, Akshay Deshraj and Manoj Sarda Industry: Enterprise Software Net Worth: $100 million Founded…

What is Business Forecasting? Business forecasting uses trends, insights and other forms of data to predict the future which is relevant to the needs of the business. Several methods are used to make predictions which rely on quantitative, qualitative or a combination of both forms of data. Instead of letting a company be absorbed by tunnel vision for its short-term goals, it is important to have a bird’s eye view of how things are going to be in the next few years. Forecasting should include a thorough analysis of inflation, interest rates, consumer feedback, progress of competitors and changing trends. Here’s how business forecasting can guide businesses to growth and success: Importance of Business Forecasting 1) Planning Ahead When businesses carefully analyze the historical data and real-time insights to predict future movements in the market pertinent to the economical and financial conditions, they get the advantage of planning ahead. This allows firms…