The first edition of CONNECT.X Hangout was organized by IIM Calcutta Innovation Park, in partnership with NEDFi, in Guwahati on November 30. Characterized as Assam s largest startup networking gathering, the event aimed to bring together startups and relevant organizations and individuals through promoting indepth interactions, interspersed with speeches from industry experts.

Indian startups may take more time to recover from the so-called funding winter as investment in homegrown companies again saw a sharp decline in November. A clutch of late-stage deals including a pre-IPO round pushed the total funding to more than Rs.640 million.

Global expansion is a crucial phase in the journey of many startups, offering new horizons and growth opportunities. As the Co-Founder and CEO of Advantage Club, an HR Tech SaaS platform that expanded its presence beyond India into countries like the Philippines, Malaysia, Singapore, UAE, and North America, I am sharing some practical insights on how Indian startups can formulate their strategies for global expansion.

Lieutenant Governor Manoj Sinha on Thursday said that IP facilitation centre in Jammu and Kashmir (J&K) will provide handholding to entrepreneurs, MSMEs, startups in filing IPRs and assist innovators in registration process. He highlighted the Intellectual Property Rights critical role in fostering innovation and economic growth.

A majority of the startups have flourished within Government of Karnataka supported incubators, such as K tech Innovation Hubs, Centres of Excellence (CoEs), and Technology Business Incubators (TBIs) and anchored by institutions like CCAMP, NASSCOM, Jain Incubation Centre, Deshpande Startups, and CoE Cybersecurity, the release further said.

According to NASSCOM, Gen AI startups in the country have successfully raised over Rs.475 million in funding from 2021 through May 2023, signalling the sector s rapid expansion and potential.

Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT, Shri Rajeev Chandrasekhar, engaged in a fireside chat with Smt Jaya Jagadish, Country Head, Senior Vice President, Silicon Design Engineering, AMD India.

Pakistan is embarking on an ambitious sovereign venture capital fund launch, aimed at attracting global investors back into country s startup ecosystem. Umar Saif, Pakistan s interim Minister for Information Technology and Telecommunications and a prominent figure in the country s startup landscape.

Seed funding is a type of funding typically used to finance the early stages of a startup business. Seed money generally comes from family and friends, as well as from angel investors and venture capitalists. However, securing seed funding is not easy, it requires a lot of preparation, research, networking, and pitching.

Layoffs and shutdowns, once again, saw an upward trend in November. More than 850 employees were laid off in the last month as compared to 500 in October. Two ed-tech start-ups Byju’s and Physics Wallah collectively fired 720 employees. Gaming streaming company Loco also fired 40 employees.