Time For Indians to Get on Their Bicycles. 4 Things to Know Today Stay tuned to get every day updates in 60 seconds.

By Aashika Jain

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

1. India is the sixth wealthiest country in the world according to a report by AfrAsia Bank. Counting India among the fastest growing wealth markets, the report said India's wealth could balloon by 200 per cent in the next 10 years helped by factors such as large number of entrepreneurs along with good education system.

2. Apple co-founder Steve Wozniak is a man who doesn't mince words. At a recent conference, he said that Ethereum could be the next Apple. Wozniak believes that if used to its full potential, Ethereum can be as influential as the tech giant.

3. Chinese bike sharing startup Mobike is all set to hit the Indian roads, with its trademark orange bicycles. The Tencent-backed company is starting its India journey with New Delhi, Bangalore and Ahmedabad. Among other bike-sharing startups, Mobike is the second Chinese bike-sharing startup to enter into India after Ofo started operations last year giving a tough competition to Indian players including Mobycy, Yulu, Letscycle and Ola's Ola Pedal.

4. Talking about cycles, it's time for Indians to get started on their bicycles. Petrol and diesel prices hit record highs with Mumbai paying INR 84/L and Hyderabad paying INR 76/L.

Here's the "News that Entrepreneurs can Use". Know what's trending in the Indian business world in 60 seconds.

Aashika Jain

Entrepreneur Staff

Former Associate Editor, Entrepreneur India

Journalist in the making since 2006! My fastest fingers have worked for India's business news channel CNBC-TV18, global news wire Thomson Reuters, the digital arm of India’s biggest newspaper The Economic Times and Entrepreneur India as the Digital Head. 
News and Trends

Recur Club Announces Credit Offerings for Startups Beyond Series A and SMEs

In FY 24–25, the platform also plans to deploy an additional INR 2000 crores through its Recur Swift program for startups.

Leadership

Doing Well by Doing Good — How Purpose-Driven Entrepreneurs Are Changing the World

Exploring the transformative impact of mission-driven business leadership.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

'Everyone Can Profit From It': What Is DeepSeek? China's 'Cheap' to Make AI Chatbot Climbs to the Top of Apple, Google U.S. App Stores

DeepSeek researchers claim it was developed for less than $6 million, a contrast to the $100 million it takes U.S. tech startups to create AI.

News and Trends

Handloom Fashion Brand Dressfolk Secures Funding to Scale Indian Craftsmanship Globally

In FY24, Dressfolk achieved nearly 200 per cent growth, supported by a network of over 800 weavers and 120 artisans across six Indian states.

Growing a Business

Want to Maximize Employee Retention? Here Are 20 KPIs You Need to Track.

How to track and measure employee engagement to improve staff retention and company performance.