This paved the way for the Startup India initiative. The government, besides offering grants to technical universities and institutes for establishing incubators, also envisaged a financial backbone for startups with promising prospects.

Interviews Healthtech startups need patience; deep tech s in favour now: Endiya Partners Ramesh Byrapaneni Ramesh Byrapaneni, MD, Endiya Partners; image credit: Special Arrangement Synopsis Some startups fail due to excessive focus on achieving rapid growth at any cost and attaining unicorn status, says Ramesh Byrapaneni, managing director, Endiya Partners.

Business and product innovations and the importance of building trust took centre stage on Saturday as several bright startup ideas were discussed and applauded on the closing day of Bennett University s second entrepreneurship summit The Spark Tank senior round was won by IIT Kanpur s Dentifrice.

Digitisation has given a strong boost to entrepreneurship in the country. With tech startups taking the lead, India has the third largest startup ecosystem creating close to a million jobs since 2017. The total number of tech startups in India is estimated to grow 2.6x from 68K (2023) to 180K (2030).

GVFL Limited, a venture capital firm, and Brinc, a global venture accelerator, have announced the launch of the A4X accelerator programme. Designed to support startups across four strategic themes, the programme is set to leverage growth in Gujarat and the rest of India.

Karnataka s IT exports grew 27% to Rs 3.2 lakh crore in 202223, accounting for 42% of India s IT exports. The Bengaluru Tech Summit (BTS) 2023 showcased tech leaders, startups, and investors from over 30 countries. Karnataka is home to 14,000 startups and 40 unicorns, solidifying its position as a global innovation hub. Bengaluru ranks 8th in the Global Startup Ecosystem Index.

The development has also opened up the online payments market for newer entrants who are onboarding merchants aggressively, in a bid to grab market share. Last year around December, the RBI brought in this embargo, and it was expected to last for six months or so, but it has prolonged for a year, making these startups anxious.

thousands of people including senior business executives, investors, and civil servants thronged the place to participate and witness the cutting-edge technology products on display as part of the Bengaluru Tech Summit conducted there(startup).

Several sectors’ branches have grown recently due to the creation of fresh, creative startups, the real estate industry being one of them. Dr Rameshwar Rao, the founder and chairman of My Home Group, has one of the most exciting and captivating tales in our field.

Addressing the graduating students, Somanath stressed the vast opportunities presented to youths with the opening of the space sector to private players. He said they are witnessing many startups and private ventures foraying into space.

The dominant flavour that everybody sees the city with is that it is a tech city. There is more to the city than just tech and startups. We wanted to dive deeper and give a more holistic sense of what the city is about. Not just the top-down view but beyond that and envisaged it as a contemporary biography of the city and captured some of that, Goyal said.

Zahara Kanchwalla, an engineer from Mumbai University, cofounded Rite KnowledgeLabs, focusing on content and design. She humanizes technology for clients like Microsoft India, GE India, and HDFC Mutual Fund, and agritech startups like StarAgri.

The Forum comprising CEOs from leading Indian and US based companies, is cochaired by N Chandrasekaran, Chairman of Tata Sons and James Taiclet, President and Chief Executive Officer, Lockheed Martin and acts as an advisory private sector body to India US Commercial Dialogue.

Amy underscores MQDC s commitment to meeting the diverse needs of working professionals, corporations, and startups in the national capital region. Since entering India in 2019, MQDC identifies growth opportunities and remains deeply committed to expansion and diversification in the country.

An incubation centre has also been established to encourage startups among students You are expected to research and innovate for local needs Today, the world is a global village, and no institution can remain isolated One should promote interdisciplinary studies and collaborate internationally.