Karnataka's Digital Landscape
Karnataka's Digital Landscape
0
K
DPIIT registered
startups
$
0
Bn
Venture Capital raised by Bengaluru based start-ups
0
K+
Active tech startup
investors in the state
0
Tech Unicorns
in Karnataka
0
Tech soonicorns
in Karnataka
0
+
Accelerators & Incubators
0
Innovation hubs
0
Mergers & acquisitions
0
Center of Excellence
0
K
Funded tech startups
KDEM Youtube Channel
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As our world s agricultural industry continues to evolve at a rapid pace, the importance of sustainability has taken center stage, ushering in a new era of innovative solutions. At the forefront of this transformative movement are startups in the agritech sector, serving as trailblazers for a more sustainable and resilient future of food production.
The Young Turk Startup of the Year at CNBCTV18 IBLA 2023 was awarded to BluSmart . This startup is transforming urban mobility by electrifying its fleet and fundamentally altering the way people move. Founded just four years ago, BluSmart has completed over 10 million rides, covering a distance of 325 million kilometres and saving more than 21,000 tonnes of CO2 emissions. Racing towards a greener future, the company aims to double its fleet to 10,000 electric cars by March 2024.
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu had launched the Rajiv Gandhi Self-employment Startup Scheme some time ago. Under its first phase, unemployed youth above 23 years of age are being given unsecured loan for purchasing etaxi and ebus and 50 percent subsidy is also being given.
Fintech startup ZestMoney to shut shop, layoff 150 employees Homegrown digital EMI financing platform ZestMoney, backed by Goldman Sachs, is shutting down operations after several unsuccessful attempts to find a buyer. The BNPL s leadership informed the employees in a townhall meeting about the decision to shut down, saying it will let go of the remaining 150 employees. The company will only retain a skeletal legal and finance team to see through the shutdown.
SenseAI Ventures, a frontrunner in the AI investment landscape, on December 6, announced the launch of the SenseAI Fund I. It is a Rs 200crore initiative dedicated to fostering India s AI startup ecosystem. SenseAI Fund I is poised to invest in 1820 AI first startups, focusing on seed/preA stage companies. The fund also plans to make follow on investments in its most promising portfolio companies.
WSO2, an API management, integration, and customer identity and access management (CIAM) services provider, has partnered with Microsoft to streamline cloud native application development for Indian startups on Microsoft Azure using Choreo. Choreo, WSO2 s cloud native internal developer platform on Azure, provides startups access to essential tools, reducing both the time and costs associated with development.
Adani Stocks Zoom up to 20% in Best Singleday Show Adani Group stocks surged on Tuesday, adding 1 93 lakh crore to market capitalization and marking their best single day market performance, following a report by Bloomberg that quoted an unnamed official of the US International Development Finance Corp (DFC) as saying that the allegations by Hindenburg Research were not relevant
Karnataka ITBT minister Priyank Kharge said the initiative aligns with the government s policy to foster innovation and collaboration opportunities for startups Karnataka government on December 6 invited startups, urging them to offer technological products and solutions for different government departments.
K taka govt invites startups to provide tech solutions Bengaluru: The Karnataka government on Wednesday invited startups to provide tech products and solutions for the government departments. In tune with its policy to create innovation and collaboration opportunities for startups, the Karnataka Innovation and Technology Society (KITS), Department of Electronics, IT/BT and S and T, has invited proposals from startups for government departments, an official release said.
The government has recognised 1,14,902 entities as startups as on October 31, Parliament was informed on Wednesday. These eligible firms are allowed to seek fiscal incentives under the Startup India Action Plan, which was launched in January 2016, and that includes income tax exemption for three years.
Grapevine: Manipal Tech looking to dilute minority stake; two VCbacked startups shut shop Premium Credit: 123RF.com Ranjan Pailed Manipal Group s arm Manipal Technologies is set to raise funding by bringing in a new financial partner into the family-owned business, a media report has said, citing multiple people aware of the development. Manipal Tech, reportedly the largest manufacturer of banking and smart cards in India, is planning to ……
Having reached $92.3 billion in 2022, the Indian biotech industry aims for an impressive $150 billion by 2025 and an ambitious $300 billion by 2030 (Source). This remarkable path presents a compelling opportunity for individuals and companies worldwide to engage in and contribute to the flourishing biotech market.
KDEM Youtube Channel
- NEWS BY FOCUS AREA
- INDUSTRY NEWS
- KDEM IN NEWS
As our world s agricultural industry continues to evolve at a rapid pace, the importance of sustainability has taken center stage, ushering in a new era of innovative solutions. At the forefront of this transformative movement are startups in the agritech sector, serving as trailblazers for a more sustainable and resilient future of food production.
The Young Turk Startup of the Year at CNBCTV18 IBLA 2023 was awarded to BluSmart . This startup is transforming urban mobility by electrifying its fleet and fundamentally altering the way people move. Founded just four years ago, BluSmart has completed over 10 million rides, covering a distance of 325 million kilometres and saving more than 21,000 tonnes of CO2 emissions. Racing towards a greener future, the company aims to double its fleet to 10,000 electric cars by March 2024.
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu had launched the Rajiv Gandhi Self-employment Startup Scheme some time ago. Under its first phase, unemployed youth above 23 years of age are being given unsecured loan for purchasing etaxi and ebus and 50 percent subsidy is also being given.
Fintech startup ZestMoney to shut shop, layoff 150 employees Homegrown digital EMI financing platform ZestMoney, backed by Goldman Sachs, is shutting down operations after several unsuccessful attempts to find a buyer. The BNPL s leadership informed the employees in a townhall meeting about the decision to shut down, saying it will let go of the remaining 150 employees. The company will only retain a skeletal legal and finance team to see through the shutdown.
SenseAI Ventures, a frontrunner in the AI investment landscape, on December 6, announced the launch of the SenseAI Fund I. It is a Rs 200crore initiative dedicated to fostering India s AI startup ecosystem. SenseAI Fund I is poised to invest in 1820 AI first startups, focusing on seed/preA stage companies. The fund also plans to make follow on investments in its most promising portfolio companies.
WSO2, an API management, integration, and customer identity and access management (CIAM) services provider, has partnered with Microsoft to streamline cloud native application development for Indian startups on Microsoft Azure using Choreo. Choreo, WSO2 s cloud native internal developer platform on Azure, provides startups access to essential tools, reducing both the time and costs associated with development.
Adani Stocks Zoom up to 20% in Best Singleday Show Adani Group stocks surged on Tuesday, adding 1 93 lakh crore to market capitalization and marking their best single day market performance, following a report by Bloomberg that quoted an unnamed official of the US International Development Finance Corp (DFC) as saying that the allegations by Hindenburg Research were not relevant
Karnataka ITBT minister Priyank Kharge said the initiative aligns with the government s policy to foster innovation and collaboration opportunities for startups Karnataka government on December 6 invited startups, urging them to offer technological products and solutions for different government departments.
K taka govt invites startups to provide tech solutions Bengaluru: The Karnataka government on Wednesday invited startups to provide tech products and solutions for the government departments. In tune with its policy to create innovation and collaboration opportunities for startups, the Karnataka Innovation and Technology Society (KITS), Department of Electronics, IT/BT and S and T, has invited proposals from startups for government departments, an official release said.
The government has recognised 1,14,902 entities as startups as on October 31, Parliament was informed on Wednesday. These eligible firms are allowed to seek fiscal incentives under the Startup India Action Plan, which was launched in January 2016, and that includes income tax exemption for three years.
Grapevine: Manipal Tech looking to dilute minority stake; two VCbacked startups shut shop Premium Credit: 123RF.com Ranjan Pailed Manipal Group s arm Manipal Technologies is set to raise funding by bringing in a new financial partner into the family-owned business, a media report has said, citing multiple people aware of the development. Manipal Tech, reportedly the largest manufacturer of banking and smart cards in India, is planning to ……
Having reached $92.3 billion in 2022, the Indian biotech industry aims for an impressive $150 billion by 2025 and an ambitious $300 billion by 2030 (Source). This remarkable path presents a compelling opportunity for individuals and companies worldwide to engage in and contribute to the flourishing biotech market.
- NEWS BY FOCUS AREA
- INDUSTRY NEWS
- KDEM IN NEWS
As our world s agricultural industry continues to evolve at a rapid pace, the importance of sustainability has taken center stage, ushering in a new era of innovative solutions. At the forefront of this transformative movement are startups in the agritech sector, serving as trailblazers for a more sustainable and resilient future of food production.
The Young Turk Startup of the Year at CNBCTV18 IBLA 2023 was awarded to BluSmart . This startup is transforming urban mobility by electrifying its fleet and fundamentally altering the way people move. Founded just four years ago, BluSmart has completed over 10 million rides, covering a distance of 325 million kilometres and saving more than 21,000 tonnes of CO2 emissions. Racing towards a greener future, the company aims to double its fleet to 10,000 electric cars by March 2024.
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu had launched the Rajiv Gandhi Self-employment Startup Scheme some time ago. Under its first phase, unemployed youth above 23 years of age are being given unsecured loan for purchasing etaxi and ebus and 50 percent subsidy is also being given.
Fintech startup ZestMoney to shut shop, layoff 150 employees Homegrown digital EMI financing platform ZestMoney, backed by Goldman Sachs, is shutting down operations after several unsuccessful attempts to find a buyer. The BNPL s leadership informed the employees in a townhall meeting about the decision to shut down, saying it will let go of the remaining 150 employees. The company will only retain a skeletal legal and finance team to see through the shutdown.
SenseAI Ventures, a frontrunner in the AI investment landscape, on December 6, announced the launch of the SenseAI Fund I. It is a Rs 200crore initiative dedicated to fostering India s AI startup ecosystem. SenseAI Fund I is poised to invest in 1820 AI first startups, focusing on seed/preA stage companies. The fund also plans to make follow on investments in its most promising portfolio companies.
WSO2, an API management, integration, and customer identity and access management (CIAM) services provider, has partnered with Microsoft to streamline cloud native application development for Indian startups on Microsoft Azure using Choreo. Choreo, WSO2 s cloud native internal developer platform on Azure, provides startups access to essential tools, reducing both the time and costs associated with development.
Adani Stocks Zoom up to 20% in Best Singleday Show Adani Group stocks surged on Tuesday, adding 1 93 lakh crore to market capitalization and marking their best single day market performance, following a report by Bloomberg that quoted an unnamed official of the US International Development Finance Corp (DFC) as saying that the allegations by Hindenburg Research were not relevant
Karnataka ITBT minister Priyank Kharge said the initiative aligns with the government s policy to foster innovation and collaboration opportunities for startups Karnataka government on December 6 invited startups, urging them to offer technological products and solutions for different government departments.
K taka govt invites startups to provide tech solutions Bengaluru: The Karnataka government on Wednesday invited startups to provide tech products and solutions for the government departments. In tune with its policy to create innovation and collaboration opportunities for startups, the Karnataka Innovation and Technology Society (KITS), Department of Electronics, IT/BT and S and T, has invited proposals from startups for government departments, an official release said.
The government has recognised 1,14,902 entities as startups as on October 31, Parliament was informed on Wednesday. These eligible firms are allowed to seek fiscal incentives under the Startup India Action Plan, which was launched in January 2016, and that includes income tax exemption for three years.
Grapevine: Manipal Tech looking to dilute minority stake; two VCbacked startups shut shop Premium Credit: 123RF.com Ranjan Pailed Manipal Group s arm Manipal Technologies is set to raise funding by bringing in a new financial partner into the family-owned business, a media report has said, citing multiple people aware of the development. Manipal Tech, reportedly the largest manufacturer of banking and smart cards in India, is planning to ……
Having reached $92.3 billion in 2022, the Indian biotech industry aims for an impressive $150 billion by 2025 and an ambitious $300 billion by 2030 (Source). This remarkable path presents a compelling opportunity for individuals and companies worldwide to engage in and contribute to the flourishing biotech market.
ABOUT KDEM
Karnataka Digital Economy Mission(KDEM), initiative of Government of Karnataka, designed to function as the knowledge bridge between the Government of Karnataka and industry to accelerate growth and investments in the field of Information Technology sector in Karnataka.
A not-for-profit, Section ‘8’ organization under the aegis of the Department of Electronics, Information Technology, Biotechnology and Science & Technology, Government of Karnataka, driven by highly skilled, energetic and dynamic professionals. Industry Partners – ASSOCHAM, IESA & NASSCOM.
A not-for-profit, Section ‘8’ organization under the aegis of the Department of Electronics, Information Technology, Biotechnology and Science & Technology, Government of Karnataka, driven by highly skilled, energetic and dynamic professionals. Industry Partners – ASSOCHAM, IESA & NASSCOM.
Our Focus Areas
KDEM will help guide growth and investments in five core sectors. An advocacy council has been set up for each vertical to guide the management in its goals. The council helps in designing sector-specific strategies and its implementation. KDEM also facilitates in execution of short-term and long term projects. The focus is to achieve annual goals, increase investment flow and align existing activities within the overall KDEM goals.



IT Products & Services, BPM
and GCC Promotion



Startups
and Innovation



Electronics Systems Design and
Manufacturing (ESDM)



Beyond Bengaluru


