Union minister Smriti Irani criticised venture capital funds for not supporting womenled innovative startups. She mentioned that there are many women innovators in science and technology, but their progress is not translating into successful commercial ventures.

The Indian education system in India is witnessing a remarkable transformation with the help of AI tools. Through adaptive algorithms and AI powered technology, startups are making notable stride in the education landscape. From higher education loans to online AI courses, students are being benefited by AI powered platforms and eliminating the traditional educational and borrowing system.

Innovation is a process that unfolds over time, propelled by substantial investments from governments and organizations into research and development, scientific publications, and various other facets of research, all geared towards fostering innovation on an annual basis.

According to Coin telegraph, OpenAI opened Converge 2, an application for the second cohort of its six-week program for artificial intelligence (AI) startups. Through this application, it aims to invest $1 million into each of the 15 successful participants selected.

With B2B ecommerce platform, Udaan sacking around 120 employees two days back 8% of its total staff strength as part of its business restructuring process, layoffs in the startup world continues unabated. According to data sourced from layoffs.fyi, so far in the current calendar year, 108 startups have laid off 15,098 employees.

74th All India Commerce Conference 2023, Annual Conference of Indian Commerce Association witnesses engaging discussions on diverse topics of the industry. Sharif Aerkulangara, CEO of Nergy, India s first Simulated Learning Technology (SL Tech) & Interactive Learning Technology (IL Tech) innovator in commerce learning emphasized on the need for technological innovation in the education sector, but not at the cost of disrupting the current system.

As we look ahead to the next quarter century, India stands at the cusp of transformative opportunities in innovation and entrepreneurship. Building upon the successes and lessons learned from the past, a visionary and long-term strategy is essential to propel the nation into a global epicenter for creativity, technology, and economic growth.

Indian Institute of Technology Madras (IIT Madras) Centre for Research on Startups and Risk Financing (CREST) hosted an International Confluence Conference on Startups and Innovation from 13th to 15th December 2023. This conference aims to serve as a global platform for scholarly discourse, bringing together a diverse array of experts, researchers, practitioners and policy makers from across the world, as per the official announcement.

Hewlett Packard Enterprise (HPE) has announced a comprehensive channel strategy aimed at empowering partners to enhance their relevance through innovation. The strategy encompasses multiple facets, including initiatives to foster the evolution of traditional partners into an asaService (aaS) business model, while simultaneously attracting and scaling with new partner archetypes such as Managed Service Providers (MSPs).

Farmley, a startup focused on healthy snacking, has secured $6.7 million in a preSeries B funding round led by BC Jindal Group. In an interview with CNBCTV18, Akash Sharma, CoFounder of Farmley, emphasised that the funds would be dedicated to driving product innovation, expanding distribution channels, and strengthening brand development.

Government of India s Pledge to Innovation Evident in iNode Software Co. s Breakthrough, Recognized by Ministry of Jal Shakti and Ministry of Education In a remarkable display of collaborative success, iNODE Software Co. has stood as a testament to the Government of India s unwavering commitment to fostering innovation.

Indian Institute of Management (IIM) Kashipur in collaboration with the Earl V. Snyder Innovation Management Centre, Whitman School of Management, Syracuse University (USA)

During the CNBCTV18 and Money control Global AI Conclave on December 16, Shailendra Singh, Managing Director of Peak XV Partners, advised startup founders to aim for compounding growth for several years, similar to traditional businesses like HDFC Bank and Asian Paints.

India has witnessed investment of over Rs.1,000 crore in Space Startups in last nine months of the current financial year from April to December 2023, Union Minister Dr Jitendra Singh has said.

In fact, this was the second lowest quarter since funding started to slide last year. The startup world is now five to six quarters into the current decline. The result of this has been, that it’s become more difficult for entrepreneurs to successfully raise funding.