GEAPP plans VC fund to back Indian clean energy infrastructure startups Premium Saurabh Kumar, India head, GEAPP The Global Energy Alliance for People and Planet (GEAPP), a philanthropic platform founded by the Rockefeller Foundation, the Ikea Foundation and the Bezos Earth Fund, is looking to start a venture capital fund to back green energy startups in India, a senior executive told VCCircle.

The government s Startup and IT Promotion Cell has joined hands with Goa Chamber of Commerce and Industry (GCCI) to mentor and promote startups in Goa The initiative is part of a wider strategy to connect startups with various sectors of the local economy

Drone startups: Drone technology startup UrbanMatrix Technologies, on Thursday, announced raising Rs 6 crore in PreSeries A round led by the venture capital Inflection Point Ventures. The startup works in the development of industrial grade drones and developing software related to cloud integration in drones.

Delhi government s industries department has finalised the draft of its startup policy that aims to achieve a target of encouraging, facilitating and supporting the emergence of at least 15,000 startups by 2030 The department, which recently submitted an action taken report in this regard, is also finalising a proposal for the Dilli Bazar portal and plans to develop Shahdara under the One District One Product Districts as Export Hubs scheme.

Investment in Asia Pacific agrifoodtech startups reached $6.5 billion in 2022, a 58% yearoveryear decline on 2021 s record breaking year. But investment in upstream innovations those for the farm and primary production of novel foods increased 24% yearoveryear.

The number of deals, with an equity upside, has fallen sharply. Compared with 38 deals in 2022 and 49, the year before, Tracxn data shows that startups have closed out only 17 venture debt deals this year so far.

850 crore, which is a little over $100 million, to invest in technology driven and inclusive startups in India and across the globe. The fund will adhere to Valuables inaugural fundraising effort seeks to secure approximately850 crore, which is a little over $100 million, to invest in technology driven and inclusive startups in India and across the globe.

This groundbreaking summit aims to invigorate the startup ecosystem in Surat and kindle the entrepreneurial spirit within the city while also fostering connections between established businesses and budding startups.