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Funding & Investment in Travel

India’s deep tech startups fight for funding in a retail-dominated market

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BENGALURU — Arjun Rao wanted to go off the beaten track with his venture capital firm Speciale Invest, convinced that he could strike gold with startups dealing in robotics, rockets and chips and other complex technologies loosely called “deep tech.”

Not many people in India shared his enthusiasm. Most money from global VCs flowed into e-commerce and food delivery ventures, and it took Rao two and a half years to close Speciale’s first fund, of $8.5 million, in February 2019. During that time, India-focused VCs as a whole mopped up roughly $3.6 billion, according to estimates by consultancy Bain & Co.





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We'll Reveal Your Inner Pizza, But First You Have To Travel Alllllllll Across The Globe

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We'll Reveal Your Inner Pizza, But First You Have To Travel Alllllllll Across The Globe



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Hyperlocal tourism offers answer for overtourism, sustainability

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Ukraine considers easing travel ban for men ages 18-24, parliament speaker says

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Ukrainian lawmakers are considering whether to allow men ages 18 to 24 to travel abroad, a move that would ease current wartime restrictions, Chairman of the Verkhovna Rada Ruslan Stefanchuk said on July 19.

According to Suspilne, the Verkhovna Rada (Ukraine’s parliament) is reviewing proposals from both individual members and the parliamentary Committee on National Security, Defense, and Intelligence. Under current martial law, men in that age group are not subject to mobilization but are still barred from leaving the country unless they qualify for exemptions, such as medical reasons or official business.

Stefanchuk emphasized the need to find a legal mechanism to uphold basic rights for young men who are not eligible for conscription. These include the right to pursue education, work opportunities, or reunite with family abroad.

“There are people aged 18 to 25 who are not subject to mobilization, but they cannot exercise their rights,” Stefanchuk said. “We must find a mechanism to enable them to exercise their rights.”

Several proposals are under discussion to liberalize exit rules, including the establishment of clear criteria and permitting certain categories of individuals to travel. However, no final decision has been made. Lawmakers expect the committee to issue its recommendations soon.

Since Russia’s full-scale invasion in 2022, men aged 18 to 60 have been prohibited from leaving Ukraine without special exemptions due to martial law. These include university students studying abroad, humanitarian volunteers, and drivers transporting aid.

Talks about easing restrictions for non-mobilized men to travel outside Ukraine began in 2023 but have yet to produce a comprehensive policy change.

Ukraine war latest: EU agrees on ‘one of its strongest’ Russia sanctions packages after Slovakia lifts veto

Key developments on July 18: * EU agrees on ‘one of its strongest’ Russia sanctions packages after Slovakia lifts veto * UK sanctions Russian intelligence units involved in cyberattacks * Ukrainian drones reportedly attack Moscow for second night in a row * Ukrainian hackers wipe databases at Russia’s Gazprom in major cyberattack, intelligence source says * Ukraine raises flags in villages near Dnipropetrovsk Oblast’s borders, refuting Russia’s claims of capture European Union member stat

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