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Foreign business cuts investments in India under government’s pressure Why Omidyar Network leaves The news that Omidyar Network immediately   ceases  fresh investments in the Indian economy in 2024 came out of nowhere. The company has previously invested over $600m in various local startups. Among other things, Omidyar Network supported the likes of e-pharmacy 1MG, edtech Vedantu, fintech startups Kaleidofin, Kiwi, M2P Fintech, and Indifi. Pierre Omidyar, Ebay founder and the fund’s backer, provided no reasonable explanation regarding the decision to cut ties with India. In his statement, Omidyar says the end of investments comes as a result of “significant change in context and the growth in the economic landscape that the India-based team has experienced since first making investments there in 2010.” What this cryptic message means is unclear. Many of the Indian team were caught off-guard by this statement as well. As Omidyar’s unexpected decision was made public, they were ...

Venturing into the Biotech Landscape The  biotechnology sector  is a  goldmine of opportunities , teeming with innovative ideas that hold the potential to revolutionize various industries - from  healthcare  to  agriculture , and everything in between. As the world continues to grapple with  global challenges , the  demand for biotech solutions  is higher than ever, making it an opportune time for aspiring entrepreneurs to dive into this dynamic field. This  Think With Niche Special Blog Post  will navigate you through  five of the  most promising biotechnology business ideas  in 2023  that could set you on a path of groundbreaking discovery and lucrative returns. Top Five Biotechnology Business Ideas in 2023 1. Bioinformatics Services In today's digitized world, data is the new oil. Bioinformatics, an amalgamation of biology, computer science, and statistical methods, has emerged as a critical player in the biot...