AK Hegde is uncultured and ignorant of Constitution: Siddaramaiah

News Network

December 25, 2017

Hubballi, Dec 25: Chief Minister Siddaramaiah has criticised Union Minister Anant Kumar Hegde’s statement against secularism and values of Indian constitution.

Responding to the queries of media persons here on Monday CM said described Hegde as a 'Manuvadi' who lacked respect for the Constitution. "He does not know the political and parliamentary language," Siddaramaiah said.

"Hegde is uncultured. He doesn't know parliamentary or politically-correct language. He is unaware of the country's social systems, and has no respect for the Constitution," said Karnataka Chief Minister Siddaramaiah.

"He (Hegde) speaks anti-secular language. It is impossible to turn a secular country like India into a Hindu Rashtra," Siddaramaiah said.

"In the Constitution, we have said that a secular country will be built. But Hegde speaks against secularists and about changing the Constitution. People of this country have accepted the Constitution, and it cannot be changed as per the wish of casteist persons. People of all religions are Indians and 'Hindu Rashtra' cannot be built, just by glorifying one religion,” he said.

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@ Raviraj

this isnt about reservation you moron, its about hatred, pure evil and dividing people on communal lines.

Its a classic irony....

If dalits and OBCs can speak for reservation, why should the upper castes who are victims of reservation not speak against it. This is India. Right to freedom of expression is everyone's fundamental right, not just of dalits

Siddu, nin culture yenappa? Bereavarige heluva munna, dayavittu ninna mukha swalpa kannadi li nodabeku.

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Startups in India raised $12.7 billion in funding in 2019, Bengaluru tops the list

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January 15,2020

Bengaluru, Jan 15: The Indian startups secured 12.7 billion in funding last year -- a 15% growth compared to 2018 - and Bengaluru startup community topped the list, with securing $5.3 billion across 267 deals, a new report said on Tuesday.

In total, the Indian startups attracted 766 deals in 2019, taking total deal count between 2014-2019 to 5,011, said DataLabs by Inc42 in its annual startup funding report.

Sequoia took the top spot as the most active VC in 2019 with 53 deals, followed by Accel that participated in 38 deals. Blume Ventures, Matrix Partners and Tiger Global were in the top five VCs in 2019.

"The Indian startup economy is entering new decade with over $58 billion in fundraising and 2,984 funded startups between 2014-2019," the findings showed.

With an average of $21 million, the ticket size value of funding increased by 15% in 2019.

Ecommerce and fintech -- with $2.6 billion funding each -- took the top slot with 93 deals and 125 deals, respectively.

"Ecommerce continued to remain at the top by the end of 2019. The growing investor confidence towards sub-sectors such as vertical ecommerce, social commerce and private label businesses is one major factor for ecommerce maintaining its lead," a DataLabs spokesperson said in a statement.

According to the estimates, the funding amount and deal count in 2020 will be around $12.6 billion at a 1% decline from 2019.

"Nevertheless, the investment activity is expected to rise in 2021," said the report.

The data suggests that 2019 had lowest number of startups funded (664) in the last five years, with seed-stage funding deals dropping by 53%, compared to 2016.

With $252 million in funding, seed-stage deal value fell by 44% (compared to 2018) as only 306 seed funding deals were recorded, the report said.

The enterprise tech had a blockbuster year with total funding of $1.15 billion across 114 deals in 2019. The sector recorded a 49% surge in total funding amount, compared to 2018.

The Indian startup economy saw 275 unique VCs participating in funding in 2019, said the report.

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DK Shivakumar's daughter engaged to late Coffee King Siddhartha's son

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June 16,2020

Bengaluru, Jun 16: Karnataka Pradesh Congress Committee (KPCC) chief DK Shivakumar's daughter Aishwarya and Cafe Coffe Day founder late VG Siddhartha's son, Amarthya Hegde got engaged at SM Krishna Residence, Sadashivanagar in Bengaluru on Monday.
Only family members were present in the event. Amarthya Hegde is also the grandson of former Union Minister SM Krishna.
Last year in July, the body of Cafe Coffee Day (CCD) founder Siddhartha was unearthed on the banks of Netravati river.

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