33: Digest December - unveiling Kula’s Vision for 2025
Kula Updates, Top Headlines, Interesting Reads and Indo-European Events
Hello Kula Community! 👋
Welcome to the Kula Connect Digest, a monthly recap to help you navigate the Indo-European landscape and make you actively involved in Kula’s future.
Today you are reading Kula Connect December digest! This is our last newsletter of 2024 and a special occasion to look back on what we have achieved so far and our goals for 2025!
Are you new to Kula? Learn more about us here
What can you expect from Kula Digest?
🚀 Kula Connect Progresses & What’s next: We'll make you part of our journey building Kula
🚨 This week top Headlines 🚨 Selection of news regarding Europe and India
📊 The Big Read Articles and reports worth to read not strictly related to the newsletter
📈 Figure/graph of the month
📅 Upcoming Events
👩💻 Kula’s Jobs Recommend: Open positions at Companies we interact with!
🚀 Kula Connect Progresses & What’s Next (Kula 2025 Vision)
Nearly a year ago, Kula began as a simple LinkedIn post. Today, we’ve grown into a thriving pan-European community, united by a shared curiosity about India’s innovation ecosystem.
As we look ahead to 2025, our mission remains clear:
We are committed to empowering you with exclusive insights and valuable content through our newsletter and social media, serving as your trusted gateway to India’s thriving innovation ecosystem.
Our vision for Kula in 2025 is to become a dynamic hub for innovation—bringing together innovators, entrepreneurs, and investors from the European and Indian ecosystems to collaborate, connect, and create meaningful value.
How will we achieve this? - Our 4-Step Strategy
Forging Strategic Partnerships
We will strengthen our collaboration with key stakeholders, including Chambers of Commerce, governments, universities, and leading companies, to drive impactful connections and opportunities.Hosting Impactful Events
Our calendar will feature a mix of in-person and online events, including startup investment workshops for European investors in India, pitching sessions, and innovation showcases across major European cities.Providing Guidance and Access to Exclusive Deals
We’re launching the Kula Investment Club, offering members expert guidance and exclusive opportunities to navigate India’s financial systems and unlock investment potential in the country.Delivering Targeted Content
Our upcoming newsletters and monthly digests will feature curated content on investments, startups, and the latest news from the innovation ecosystem.
By focusing on these initiatives, we aim to position Kula as a catalyst for innovation and a vital bridge between Europe and India.
More on this in the coming newsletters
Top Headlines 🚨
JSW, the Indian steel giant, is set to launch its own electric vehicle brand, marking its entry into India’s growing EV market. With a $3.2 billion investment in a new plant in Maharashtra, the initiative is expected to create 5,200 jobs and boost local manufacturing. 🚗⚡ [Financial Times]
ReNew, India’s second-largest renewable energy company, plans to delist from Nasdaq after losing over 30% of its market value since 2021. Founded in 2011, the company manages 10GW of wind and solar capacity and plays a key role in India’s green energy push. 🌱⚡ [Financial Times]
India's economy ends 2024 with solid momentum as business growth hits a four-month high [Reuters]
Indian Prime Minister Narendra Modi announced plans to supply liquefied natural gas (LNG) to Sri Lanka's power plants and to connect the power grids of both nations. 🌱⚡[Reuters]
Foreign Exchange Reserves: India's foreign exchange reserves dropped by $3.235 billion to $654.857 billion for the week ended December 6, reaching a five-month low [ICICI Direct]
Italy and India are strengthening their economic and cultural ties, highlighted by the Festa Italiana in Mumbai, the visit of Italy's Minister Adolfo Urso, and the iconic Vespucci ship, positioning both nations as strategic gateways for mutual business opportunities in Europe and Asia. 🇮🇹🤝🇮🇳
Interesting Reads 📊
India’s Economic Outlook for 2025: The structural long-term growth story for India remains intact driven by favorable demographics and stable governance 🌍 [Goldman Sachs]
4 Emerging Trends from Indian Start-Up Ecosystem 🚀 [World Economic Fo
rum]
📈 Figure/graph of the month
Female/male ratio of entrepreneurial activity in India.
In recent years, two government initiatives have significantly contributed to reducing this gap. First, women entrepreneurs often faced challenges accessing credit due to a lack of collateral. The MUDRA scheme addressed this issue by providing collateral-free loans of up to INR 1 million for small businesses, with women accounting for over 69% of the beneficiaries. Second, the Jan Dhan scheme promoted financial inclusion among women by simplifying the process of opening bank accounts and offering an overdraft facility of INR 10,000. As a result, gender parity in bank account ownership has been achieved in India, as highlighted in the 2021 Global Findex database. [World Economic Forum]
📅 Upcoming Events
IMCO Delegation to India - January 2025 - Pune 🇮🇳 | Januay 6
India International Jewellery Show (IIJS) Signature 2025- Mumbai 🇮🇳 | January 4-7
Reactor World Expo 2025 - Mumbai 🇮🇳 | January 9
Aperitivo Italiano - Delhi 🇮🇳 | January 9
3rd edition of Maritime India 2025 - Mumbai 🇮🇳 | January 22-25
👩💻 Kula’s Jobs Recommend:
Finance Manager - Sarla Aviation (Bangalore)
Senior Operations Manager - South India - Flix (Bangalore)
Product Owner - BNP Paribas (Chennai)
Business Development Associate - Even (Bangalore)
As we move forward into 2025, we’re thrilled to have you as part of the Kula community. Together, we’re building bridges, fostering innovation, and shaping the future of collaboration between Europe and India.
Thank you for being a vital part of this journey. Here’s to making 2025 a year of growth, connection, and transformative partnerships!
Warm regards,
The Kula Team
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