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.