Vibrant Gujarat Summit Highlights: Prime Minister Narendra Modi on Wednesday inaugurated the 10th edition of the Vibrant Gujarat Global Summit in Gandhinagar, alongside several global leaders. United Arab Emirates President Mohammed bin Zayed Al Nahyan will also be in attendance of the event.

How does 2023 look like for Indian startups Last year, Indian startups had a revenue of $8.3 billion. This is the lowest increase since 2016. It was meant to be. Indian startups have declined by a whopping 72% in the last three years. Which makes it clear, how badly covid19 has affected the volunteer capital. In 2022, India got 23 unicorns.

After a tepid few years of Indian startups stalling public listing plans amid a global tech slowdown and choppy markets, new age firms are now set to make a comeback in the public markets About 1520 startup unicorns are expected to launch initial public offerings (IPOs) in the next 1224 months, senior officials at Kotak Investment Banking said

The European Investment Bank (EIB) will provide 20 million euros (USD 22 million) to GDI to help the U.S. silicon anode startup scale up production for electric vehicle batteries at a factory in Germany, the two companies said on Wednesday. The funding will take the form of loans and the European Union s lending arm will also take an equity stake in Rochester, New York based GDI.

We have listed the top 10 robotics startups in India that are solving some of the most critical, in hand problems of society and industries through their unique robots and automation solutions Genrobotics Based out of Thiruvananthapuram, Genrobotics is on a mission to solve a very critical problem i.e. Manual Scavenging with their flagship robot Bandicoot, which is the world’s first robotic scavenger.

Launched in April 2023, this one-year program is a pioneering effort by NSRCEL and PRIF to nurture and scale 20 groundbreaking innovations within the Circular Economy realm. The cohort boasts of startups like Carbon Craft working in the alternate construction space, using recovered carbon to produce tiles; Gud Gum which is a consumer brand producing India s first plastic free chewing gum and Sunbird Straws, which makes ecofriendly straws from dried coconut leaves.

9th January 2024: India has emerged as a thriving center for startups, witnessing a surge in new ventures, with many achieving the coveted status of Unicorns startups valued at over one billion dollars. Presently, India boasts over 100 Unicorn Startups, indicating the rapid growth of these enterprises. Today, we delve into the success story of a startup that transformed old mobile phones into a multimillion-rupee enterprise.

Indian Railways has taken an important initiative in the field of innovation through participation of startups and other entities. Startups for Railways initiative was launched by Ministry of Railways on 13.06.2022.

The emergence of Indian drone startups is reshaping various industries, introducing a heightened level of efficiency, precision, and innovation into sectors that have traditionally adhered to conventional methods.

According to an official release, the India Blockchain Forum (IBF) and Alize Capital, including its stepdown subsidiary Alize Media Pvt Ltd and standalone entity Alize Media UK Ltd, entered into a Memorandum of Understanding (MoU) to collaborate on advancing the development of the blockchain ecosystem, policy advocacy, and startup enablement in India.

Nikhil Kamath and Abhijeet Pailed investment firm Gruhas has partnered with Mumbai based creative talent management firm Collective Artists Network to form a new investment fund that will back 1015 consumer startups. The new fund, Gruhas Collective Consumer Fund, plans to invest around Rs 150 crore in areas such as fashion and lifestyle, health and wellness, coffee and beverages, personal care, and food services.

Grip Invest, an investment platform with USD 10 million funding, and two startups have collectively raised USD 16 million (around Rs 132 crore) in separate funding rounds, the companies said. Grip Invest secured the maximum amount of USD 10 million in series B round from new investors Stride Ventures, LC Nueva, and Multiply Ventures as well as from existing investors Venture Highway, Anicut Capital and AdvantEdge.

Over the next three years, the department of information technology, electronics and communication (DITE&C) aims to create an ecosystem to encourage innovators and startups to design tech services or products in Goa, said IT minister Rohan Khaunte on Wednesday

The Pune based startup had earlier raised $1.3 million from Amit Ratanpal, Sachin Anand and Dipen Shah. The proceeds would be utilised to create an impact on chronic pain management, incorporating cutting edge technology and progressive exercises, FlexifyMe said in a press release.

We are pleased to announce that Feminism in India (FII) has been selected for the second cohort of the Google News Initiative (GNI) Startups Lab, a 12week catalyst program created in collaboration with Any mind Group and Thub. The program aims to help the next generation independent Indian early-stage news startups achieve financial and operational sustainability.

Even former founders are now venturing into AI as a service startups. Binny Bansal, cofounder of Flipkart, is set to launch a new AIasaservice startup. The startup is currently in stealth mode and aims to offer services in financial services, data science, and analytics, taking cues from outsourcing giants like Tata Consultancy Services Ltd. and Infosys Ltd.

Celebrity solutions agency D Artist Talent Ventures (DTV) has launched D artist Plus, a service cantered around celebrity brand associations and tailored for startups. In introducing D Artist Plus, we aim to foster enduring, value driven relationships between influential personalities and consumer brands. Our goal is not merely endorsements but forging deeper partnerships, Darshana Bhalla, founder and CEO of DTV, said in a statement.

The leading 10 AI startups that need to keep track of in 2024 In 2024, artificial intelligence evolution will probably be the most fascinating development in technology for vendors, customers, and solution providers. Even while the industry is now dominated by bigger, more established players like Google, Microsoft, and OpenAI, several smaller startup AI companies may become significant players in this developing market in the coming year.