India s BioEconomy has grown eight times in the last eight years from $10 billion to $80 billion. In the coming times, biotechnology will become the biggest foundation for health treatment. This was stated by Dr Mansukh Mandaviya, Union Minister for Health & Family Welfare as he virtually addressed the preevent summit Biotechnology: The Path of Innovation & Wellness for Viksit Bharat in the presence of Bhupendra Patel, Chief Minister, Gujarat at Vigyan Bhavan, Science City, Ahmedabad, Gujarat.

The Centre for Knowledge Sovereignty (CKS) and Esri India Technologies Pvt Ltd have collaboratively initiated the Master Mentors GeoEnabling Indian Scholars (MMGEIS) program, aiming to position India as a global hub for geospatial technology skills and innovation.

As the Corona period started ending, strong funding was seen in the startup world. By the year 2023, the phase of funding winter started and this year only 2 startups could become Unicorns. Let us know which were the top10 startups that received funding in the year 2023.

The Indian startup ecosystem experienced a significant downturn in funding activity throughout 2023 as conditions across both public and private markets deteriorated sharply. According to data from research firm Tracxn, total equity investment into Indian startups fell a massive 73% yearonyear to just $7 billion.

A startup incubated at the Advanced Biotech Innovation Centre for Aquamarine (ABICAM) of the College of Fisheries here, a premier fisheries education and research institute, has successfully launched SalmoRid , a revolutionary phage-based food processing aid.

Singaporean homegrown startup brands, GINLEE Studios, Fawn Labs , and Sage & Ylang are bullish on expanding their presence in the Indian market. Gin Lee , founder of GINLEE Studios in an interaction with ETRetail said, we are very keen to explore different forms of fabrics in India, interact with the audience and learn their preferences in fashion.

Minister of State for Home Harsh Sanghavi Monday invited startups to set up their sports goods manufacturing units in Gujarat and assured the government would do whatever possible to help them and the state become a “sports manufacturing hub”.

In order to encourage innovation and design thinking in students at schools, the Anuchintan programme was organised at the Odisha Startup Carnival 2023 in Bhubaneswar on Monday. An initiative of AICNalanda, the programme announced collaboration with 100 schools under the New Life Education Trust (Sri Aurobindo Integral Schools).

NB Ventures gears up to handhold Indian startups foray in Gulf Premium Neeleshwar Bhatnagar, MD & CEO, NB Ventures Dubai based NB Ventures, a venture capital firm which invests in growth stage startups in India, is now working towards expansion of its portfolio companies into the Gulf market, a top executive told VCCircle.

Chief Minister Conrad Sangma announced on December 11 that the state’s Smart Village project secured the third-place honour at the prestigious World Open Innovation Conference held in Bilbao, Spain. The accolade was bestowed upon the project for its exceptional Best Practice Implementation.

New Delhi: Magsmen Brand Consultants, a leading brand consultancy rm, today announced a strategic partnership with VIT AP, a renowned institute of technology and innovation in Guntur, India. This collaboration aims to empower students through internships, elevate exceptional student projects through the Launchpad initiative, and cultivate an environment of innovation and entrepreneurship.

The factchecking unit being set up by the Karnataka government is expected to be operational in January 2024, Information Technology Minister Priyank Kharge told The Indian Express on Monday. The information technology and biotechnology department, which pilots the unit, has written to the home department to depute an officer of the additional director general of police rank to head it, he said.

In India, startup funding has declined to a five-year low figure in 2023 $7 billion as compared to $25 billion received in the previous year, a nearly 73% decline from funding recorded in 2022 amid a worsening global macroeconomic environment tossed by geopolitical tensions.

This is why the EU set out to be the first major economic region worldwide to develop comprehensive regulations for AI. The aim is to achieve comprehensible, transparent, fair, safe and environmentally friendly AI, according to the European Commission’s draft legislation.

The funding winter hasn’t dampened the enthusiasm of a large number of veteran entrepreneurs, high networth individuals (HNIs) and celebrities towards the startup eco system. In fact, they have provided a lifeline to many startup entrepreneurs, according to data gathered by market intelligence platform, TheKredible, they have made upwards of 101 investments in 2023