Will the economic slowdown affect startups (and other top stories of the day)

Daily Capsule | 12th September Hello Job cuts, hiring freeze, factory shutdown, and suspension of production are some of the headlines staring at us as the GDP growth rate of the economy slipped to five percent for the first quarter of 2019-20, the lowest in over six years. Amidst this talk of economic slowdown, one of the most critical elements is funding for startups. The Indian startup ecosystem is heavily dependent on foreign inflows and any changes in the overseas markets could put some brakes on the flow of money. So, [will the economic slowdown bite the Indian startup ecosystem?]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIASwZJDFEGUEw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) Cheers, Team YourStory Stories you shouldn’t miss [Ola obtains licence to launch self-drive car rental service]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIASwZJDFEGUUw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) As part of its new self-drive segment, Ola said it will be deploying over 10,000 cars including hatchbacks, sedans and Sports Utility Vehicles from a range of automakers. The users will be able to lease both intra-city and inter-city cars from convenient pick-up and drop points. [Yulu, the bike-sharing platform offering easy and breezy rides]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIASwZJDFEGXkw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) [[Behind the scenes] Into the nuts and bolts of Yulu , the dockless bike-sharing platform]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIASwZJDFEGX0w=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) [These IIT-Kharagpur alumni are transforming lives in Assam]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIASwZJDFEHVkw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) Of the villagers, by the villagers, and for the villagers, the Hummingbird School has engaged 240 tribal children in holistic learning. Today, it serves 19 villages with 15 dedicated teachers and 11 non-teaching staff. [This woman entrepreneur provides remote employment to youths]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIASwZJDFEHV0w=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIASwZJDFEHV0w=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0& [20 profit-making small businesses you can start with Rs 20,000]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIASwZJDFEHVEw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) Starting a business needs utmost determination and confidence, but you have to be very clear about your business idea before you step into the entrepreneurial arena. Not all manufacturing businesses need heavy capital. Here's a list of 20 small business ideas you can work on with low investment. [Amazon doubles its delivery service partner network in 750 cities]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIASwZJDFEHVUw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) In the run-up to the Amazon Great Indian Festival Sale, Amazon has been oiling its wheels in an attempt to grab more customers. It has doubled the presence of its Delivery Service Partner network to more than 1,400 delivery stations present across 750 cities. [Here are the highlights from last night's Apple Event]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIASwZJDFEHUkw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) The iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max launches headlined Apple's annual gala at the Steve Jobs Theatre in Cupertino. All three handsets will feature Apple’s new A13 Bionic chipset, and will run iOS 13 out of the box. Apple has also introduced a new camera feature known as slow-motion selfies or ‘slofies' as the company termed it. VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIASwZJDFANVEw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0& [HubSpot for Startups]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIASwZJDFAMUkw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) has a global network that encompasses over 2,000 global VCs, accelerators, and incubators as partners, including leading names such as 500 Startups, Sequoia, TechStars, WeWork Labs, and Y Combinator, and regional programmes including Nasscom 10,000 Startups, Blume Ventures and 91SpringBoard. So not only do you get access to renowned industry experts and global support, and the latest tech and expertise, you get all of these at a startup-friendly price of up to 90% off. 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