Startup conclave to be organised in Gandhinagar on December 7 A startup conclave will be organised in Gandhinagar on December 7 in the runup to the Vibrant Gujarat Global Summit 2024. The conclave will be attended by representatives of unicorns, venture capitalists and leading businessmen.

Chhattisgarh based mental healthtech startup BetterSpace has raised 4.5 million in its maiden preseed funding round led by prominent startup community builder and accelerator PedalStart. Before this, the startup had remained majorly bootstrapped.

In the ever-evolving realm of technology, machine learning stands as a formidable catalyst for groundbreaking innovations. The potential for machine learning startups to yield remarkable returns has never been more promising, particularly as we approach the year 2024. From tackling intricate problems to revolutionizing entire industries, the landscape is rife with opportunities.

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.

India will launch an AI Mission that would work to bring compute power in the hands of startups and innovators in the country so that they can tackle problems in areas like healthcare, agriculture and education, Prime Minister Narendra Modi announced on December 12.

India is the biggest free market in the world for Startups: Anuj Rathi (Swiggy, Jupiter Money, Flipkart) Anuj Rathi, a prominent figure in product management across India s tech landscape, shares valuable insights on the evolution of product management in India, strategies for successful product development, and his unique approach to problem-solving.

Hyderabad became the epicentre of global discussions on artificial intelligence (AI) and digital innovation at the ICIS 2023 which saw participation from 45 countries and over 1000 participants represented by Information Systems researchers, academics, Industries, and professionals across sectors.

Startup funding has been subdued in 2023 with $224 billion in total venture capital funding (as on December 8) globally, falling 65 per cent since 2021 when startups raised a record $655 billion. But the story is very different for the GenAI startups, according to GlobalData , a leading data and analytics company.

The year 2023 may have been a funding winter for many startups, but in the case of GenAI Startups, it was great. In 2023, investors from all over the world invested heavily in AI Startups. If we look at it comparatively, there was an increase of about 110 percent in 2023 as compared to the year 2021, which means the investment more than doubled. These figures have been released by GlobalData, a leading data and analytics company.

Impact 20 showcases the startups driving world-changing innovation in diverse industries–from AI to sustainability, virtual healthcare, digital curriculum solutions, teletherapy and more. Some are unicorns with valuations of $1 billion or more and hundreds of employees, including GoodLeap, a solar power fintech lending company, and Sila, maker of a groundbreaking battery technology.

A remarkable 37 per cent surge in ecommerce order volume was observed during the festive fervor and seasonal sales in the year 2023 in comparison to the preceding year of 2022. This surge signifies the rapid acceleration of consumer spending, highlighting the monumental opportunities and challenges faced by ecommerce startups.

After tech rout, stock prices of some listed startups recover the article discusses the advent of new age IPOs and the performance of several companies in the public markets. Zomato, Paytm, PB Fintech (Policybazaar), Nykaa, Delhivery, and Mamaearth are among the firms mentioned.