As venture capitalists (VCs) become increasingly chary of investing in an environment of extreme business uncertainty due to Covid-19, start-ups are making a beeline for venture debt.

Also read: Investments in Indian start-ups plunge 84% in August

Per data sourced from start-up tracker and business intelligence firm Tracxn, 16-18 start-ups including Bounce, ZipLoan, Cuemath, MFine, Stellapps, Blowhorn, LetsTransport, BlackBuck and CredR have raised venture debt since the outbreak of the pandemic from venture debt firms such as BlackSoil, Trifecta Capital, InnoVen Capital, Stride Ventures and Alteria Capital.

Venture debt is a type of debt financing provided to venture capital-backed start-ups along with Series A or after Series A funding but not before Series A. Venture debt deals can start at a couple of crores and go up to over ₹100 crore.

Also read: Home-grown start-ups raise $63 billion in 4 years: Report

Google-backed hyperlocal services start-up Dunzo raised $11 million

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a man standing in front of a table: Alistair Berg/Getty Images


© Alistair Berg/Getty Images
Alistair Berg/Getty Images

  • The increase in applications for new businesses in the US hit a 13-year high, according to an analysis of US Census Bureau data from the Wall Street Journal.
  • Applications have increased as a result of small businesses across the country being forced to close their doors, both in-person and virtually, as a result of the coronavirus pandemic, according to the report.
  • Launching and growing a startup is risky, and roughly 50% survive their first 5 years, according to the US Small Business Association.
  • Visit Business Insider’s homepage for more stories.

There was a record increase in applications for new businesses in the US in the last year.

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New applications for an employer ID in the US “reached 1.1 million through mid-September, a 12% increase over the same period last year and the most since 2007,” according to an analysis of US

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Since I wrote my book The Million-Dollar, One-Person Business, many entrepreneurs have asked me if publishing their own book will help them take their business to the next level. Some hope it will attract new business or speaking opportunities. Others want it to become the basis for a new product, such as a course.

I usually tell them it depends.

A book can be very helpful in growing a business, but not always. Before you dive in, it’s important to give it serious thought. Writing and polishing book requires more time and effort than most people think, whether you work with a commercial publisher or self-publish. As an entrepreneur, you’ve got to balance that against other demands on your time—like running your business. 

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Starting a business is a test of grit, cunning, and faith. Starting a business during a pandemic is borderline masochism. In an economic landscape fraught with instability and unknowns, startups and small businesses are facing uniquely challenging circumstances that require innovation, focus, and flexibility in order to survive. These visionaries and risk-takers must problem-solve their way to success, and during a pandemic, there is no shortage of problems.

Roy Dekel, CEO of SetSchedule, is a leader and trailblazer in the technology and real estate sector. In 2014, Dekel and co-founder Udi Dorner created a way to disrupt two industries by building a software that eclipsed the competition and continues to innovate in both industries.

Today, SetSchedule has handled over $1 billion in real estate transactions and has improved the home buying process for thousands of real estate agents and buyers. With over 100 employees, the company is still actively growing,

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Editor’s note: The cartoonist and graphic humorist Joaquín Salvador Lavado, “Quino”, creator of Mafalda, died this September 30 at the age of 88. We rescue this popular article where we explain that the values of the iconic comic can be applied to the entrepreneurial life.



Quino holding a teddy bear


© Depositphotos.com y Twitter


Comics and characters abound, but few have managed to sneak into the collective memory as Mafalda has.

And it is that this endearing character, created 53 years ago by the Argentine cartoonist Quino , has a lot to teach us about business, friendships, family … and, in general, life.

On the anniversary of the launch of this comic strip we compiled some of the most valuable lessons that Mafalda and her friends have left us.

“It turns out that if one does not rush to change the world, then it is the world that changes one”

Go against the current or

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Is it a cliché to stop and reflect on 20 lessons learnt after 20 years in business? Maybe.



a man standing in front of a building: Ben-McIntyre-BJM-Digital


© Provided by Smart Company
Ben-McIntyre-BJM-Digital

But maybe, as I take another few tentative steps away from my constant friend, and foe, ‘perfectionism’, and inch towards free expression, some of the things I’ve learnt may resonate with you, drive you, cause you to stop and think.

Ultimately, I wanted to deliver something real, something helpful, something that looks like a list, quacks like a list, and is a list, but also serves as a handy ready-reckoner for business decisions that I’ve learnt building BJM Digital.

It’s not perfect. If that was the aim, I’d be hard-pressed to produce this list before the 30-year edition comes out.

Every so often, changes in tech, consumer preferences, economies, politics or something else entirely ‘disrupts’ how we entrepreneurs, creators and dreamers build, manage and grow

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American Airlines CEO Doug Parker said the company will begin furloughs and layoffs for 19,000 workers on Thursday as planned after congressional leaders failed to come to an agreement on more payroll support for the struggling industry.

Parker and other airline executives had pinned hopes on the federal government coming through with more aid to cover company payrolls. But despite bipartisan support and efforts from the White House, it’s mired in the larger pandemic aid package in Congress.

“You are all well aware that tomorrow, Oct. 1, the Payroll Support Program under the CARES Act is set to expire,” Parker said in a letter to employees Wednesday evening “As a result, tomorrow, we will begin the difficult process of furloughing 19,000 of our hardworking and dedicated colleagues.”

The anticipated furloughs amount to about 16% of the company’s workforce.

Planes from American Airlines outside Terminal B at DFW International Airport.

Fort Worth-based American is planning more furloughs than any other airline as

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Los Angeles schools Supt. Austin Beutner had a problem. He was firm in his stance that reopening schools safely during the COVID-19 pandemic would depend on rapid, extensive coronavirus testing. But but no city, county or state program was available to provide or pay for it at the scale he thinks is needed in the nation’s second-largest school district.



a man holding a blue umbrella: L.A. schools Supt. Austin Beutner, left, takes a COVID-19 nose swab test at Harry Bridges Span School in Wilmington. It was one of more than 2 million tests to be processed by SummerBio, a start-up with a $48.9-million contract with the district. (Gabriella Angotti-Jones / Los Angeles Times)


© Provided by The LA Times
L.A. schools Supt. Austin Beutner, left, takes a COVID-19 nose swab test at Harry Bridges Span School in Wilmington. It was one of more than 2 million tests to be processed by SummerBio, a start-up with a $48.9-million contract with the district. (Gabriella Angotti-Jones / Los Angeles Times)

So he turned to a former business partner, Sky Dayton, who helped him put together an audacious plan: The Los Angeles Unified School District would carry out its own testing, the largest such school district-led initiative in

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Los Angeles schools Supt. Austin Beutner had a problem. He was firm in his stance that reopening schools safely during the COVID-19 pandemic would depend on rapid, extensive coronavirus testing. But but no city, county or state program was available to provide or pay for it at the scale he thinks is needed in the nation’s second-largest school district.

So he turned to a former business partner, Sky Dayton, who helped him put together an audacious plan: The Los Angeles Unified School District would carry out its own testing, the largest such school district-led initiative in the country.

Beutner approved a $48.9-million contract with Dayton’s new company, SummerBio, using emergency powers he has invoked since March because of the pandemic. The district’s regular, often lengthy procurement process typically involves a formal request for proposals and traditional competitive bidding.

But at the start of the pandemic, the Los Angeles school board

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Learning to manage your finances is crucial in achieving major life milestones down the road.

Buying a car or taking out a mortgage on your first home requires having a good amount of savings stored away and a healthy credit score.

But just as important as understanding what you need to reach these milestones is knowing how certain events do or don’t affect your credit once you get there.

According to Rod Griffin, senior director of public education and advocacy for Experian (one of the three main credit bureaus), there are five common life milestones that people often misunderstand just how they can either impact or not impact their credit:

  1. Graduating from college
  2. Sharing your first apartment with a roommate
  3. Starting a business
  4. Married, and getting divorced
  5. Retiring

Wherever you are on your financial journey, take a moment to recognize how the current situation you are in (or may be

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