“Power is slowly and steadily shifting back to the individual, and startups are facilitating this shift.” That sentiment, expressed yesterday (July 31) by a venture capital executive, captured the zeitgeist at Chai & Chatter, a fireside chat-cum-panel discussion organised by Blume Ventures in partnership with Quartz India. Held at The Common Room in New Delhi, the event began with an introduction by Sajith Pai, director at Blume Ventures, followed by a fireside chat between Mohit Kumar, former COO of Zomato Food Delivery, and Sandeep Sinha, co-founder and managing partner of Lumis Ventures. Sign up for the Quartz Daily Brief email Enter your email Sign me up Stay updated about Quartz products and events. Thanks for supporting our journalism! You’ve hit your monthly article limit. Become a member to help build the future of Quartz. Get unlimited access to Quartz on all devices. Unlock member-exclusive coverage, CEO interviews, member-only events, conference calls with our editors, and more. Restart membership Log in Membership will

India is officially getting serious about the hyperloop.

Yesterday (July 31), the Maharashtra government gave the final nod for constructing a hyperloop between India’s financial capital Mumbai and Pune, which is 200 kilometres away. The authorities have tagged it a “public infrastructure” project much like roads, bridges, and railways, setting it up to be the first hyperloop project in the world, the makers claim.

A hyperloop is an ultra-high-speed ground transportation system akin to bullet trains. The Mumbai-Pune hyperloop is expected to slash the 3.5 hour travel time between the two cities to 35 minutes, according to the press release.

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July 31, 2019Quartz India

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