Start-ups

Nasscom launches InnoTrek 2024, selects 35 Indian deeptech start-ups for international growth

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Nasscom has chosen 35 Indian deeptech start-ups for its flagship InnoTrekprogramme . The goal is to attach these start-ups with international tech giants, buyers, enterprise capitalists, and mentors, accelerating their progress and innovation. This 12 months’s cohort covers numerous sectors, together with health-tech, fintech, aerospace, space-tech, cybersecurity and extra. The InnoTrek programme , which has … Read more

MCA offers fillip to reverse flipping, clears air on compliance framework 

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The Company Affairs Ministry (MCA) has formally opened the doorways for the “reverse flipping” of firms into India by clarifying the compliance necessities that might apply for such buildings going ahead. It has now amended its Firms (Compromises, Preparations and Amalgamations) Modification Guidelines to stipulate that the place a transferor international firm integrated outdoors India … Read more

Telangana authorities plans to determine AI Metropolis in Hyderabad

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To make Hyderabad a world hub of AI, the Telangana authorities has determined to arrange an AI Metropolis in 200 acres close to the State Capital. “Modalities for the venture are being labored out. We are going to come out with extra particulars, together with the price of establishing the construction in October,” D Sridhar … Read more

Kerala to spice up investments in digital know-how sector: Rajeeve 

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Kerala authorities is working to spice up investments within the digital modern know-how sector, in response to P Rajeeve, the State Industries Minister. Kerala already enjoys an higher hand within the digital sector. The State has a formidable monitor report in e-governance, digitised banking, cell web connectivity and one of the best start-up ecosystem within … Read more

India’s tech expertise is greater than price arbitrage: Atlassian Co-founder

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The historic view of multinational corporations solely doing back-end work in India will change sooner or later, says Mike Cannon-Brookes, Co-CEO and Co-founder of Australian software program large Atlassian. “Many corporations are discovering expertise in design and product administration, and management technique to steer out of right here. More and more, there can be momentum in that … Read more

Google unveils plans for Indian builders and start-ups at Bengaluru I/O join

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At Google I/O Join, the corporate unveiled a spread of instruments, applications, and partnerships for Indian builders and start-ups. Google shared it’s working with MeitY Startup Hub to coach 10,000 start-ups in AI, increasing entry to its AI fashions like Gemini and Gemma, introducing new language instruments from Google DeepMind India, and enhancing the software … Read more

Yali Capital launches ₹810 cr fund for deep-tech start-ups

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VC agency Yali Capital has launched ₹810 crore, together with a ₹310 crore greenshoe possibility enterprise fund. The fund floated by Cosmic Circuits’s cofounder Ganapathy Subramaniam and former Blackstone govt Mathew Cyriac, appears to be like to spend money on early stage start-ups within the deep-tech sector. SEBI-approved Class 2 AIF Yali Capital goals to … Read more

Regardless of funding crunch, India’s deeptech start-ups has grown 2x since 2022

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India is now house to greater than 3,600 deeptech start-ups, with over 480 being established in CY2023, 2X increased than the quantity established in 2022, in response to a brand new report by Nasscom. Of those 480 start-ups launched in 2023, over 100 are creative deeptech corporations which have developed mental property or modern options … Read more

India requires focussed strategy throughout coverage, to be in high 3 deeptech start-ups ecosystem: Nasscom report

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Positioning India amongst the highest three deeptech ecosystems globally would require focussed strategy throughout coverage, affected person capital, mental property (IP), procurement and R&D infrastructure, mentioned a report by Nasscom and Zinnov on Thursday. The report titled ‘India’s DeepTech Daybreak: Forging Forward’, performed by Nasscom and administration consulting agency Zinnov, highlighted a number of the key … Read more

Unikon.ai raises a seed funding of $2 million

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Unikon.ai, a platform that permits customers to monetise their time and experience via networking, has raised $2 million from buyers together with Zerodha co-founder Nikhil Kamath, Lenskart’s Peyush Bansal, Shiprocket’s Vishesh Khurana, and Gaurav Khatri of Noise. The spherical additionally noticed participation from Dholakia Ventures, Nitin Jain & Vasant Sridhar (OfBusiness), Gaurav Khatri (Noise), and … Read more