Building on the impact of the first cohort, which included eight startups and awarded three of them equity-free funding, the programme is designed to enable female founders in the technology industry through an 8-week learning and growth journey. As part of Standard Chartered’s global Women in Tech initiative, this programme presents a long-term commitment to positive change in the ecosystem.

India is today one of the forerunners in the private space tech category globally. Five years ago, there was no indication that there would be such a proliferation of startups in this space. What was the game changer India today has more than 150 startups in the space tech area and many of them are raising funds.

SEOUL: Celebrating its 5th anniversary, COMEUP 2023 is poised to become an extravagant global startup festival, surpassing all prior editions in scale and significance, with an expected 60% of startups from outside of South Korea. Embracing its 2023 slogan,

Before achieving success in the business world, there are numerous stages that must be overcome. Perseverance is often what separates successful startups from unsuccessful ones. The experience that Asish Mohapatra has had with Of Business is evidence of this.

With a thriving startup atmosphere in place, India has made quite a position for itself as the third largest startup ecosystem in the world. What is furthering the agenda is that startups are also leading the way in accelerating women s workforce participation in India. According to a report by Women in India’s Startup Ecosystem Report (WISER), women led startups have risen to 18% in India in the past five years.

The global Mental Health Tech space witnessed a peak in funding of $4.7 billion in 2021. Similar to other healthcare businesses, mental health startups saw a significant rise in demand in 2021 owing to the mental health issues brought on by the pandemic.

Startup fund: Deep technology venture capital firm Java Capital has made the final close of its Rs 50 crore fund from established founders from the Indian startup ecosystem, HNIs based in India, Middle East and the US, the company announced on Tuesday.

Although Bollywood star Suniel Shetty used to only invest in real estate like most other actors earlier, he was one of the first among his peers to ask startups for equity, the noted action hero said at the Money control Creator Economy Summit on October 31.

India has an immense potential for biotech and med tech startups to transform healthcare and make substantial contributions to the nation’s progress. There are many challenges as well before these startups. They can overcome the challenges and thrive with the support of regulatory authorities, investors, and the government.

Adding on, entrepreneurs believe that AI has proved to be a boon for startups as it allows them to excel despite smaller teams and smaller fundings. Today, there are many startups worldwide, which focus on one aspect of drug discovery. Some of them are believed to be much faster and more efficient than even the largescale pharmaceutical companies, where multiple layers of approvals are needed for a molecule to move from one stage to another.

AIFs for startups, SMEs: Alternative investment firm focusing on startups and SMEs Anicut Capital, on Tuesday, announced it has received a commitment of over Rs 30 crore from the asset management company HDFC AMC s Fund of Fund with a likely additional allocation in the near future.

You may think that the losers from all this would be crusty old incumbents, rather as Kodak and Blockbuster were felled during past waves of technological upheaval. And, sure enough, a new wave of startups has sensed the chance to gain a foothold, crashing onto the scene with ai powered legal chatbots, virtual doctors, writing assistants and so on.