MP Poised to Become Next IT Hub with Talent & Location Edge: HCLTech

HCLTech’s Abhay Chaturvedi expressed strong optimism about Madhya Pradesh’s potential to become a significant technology and AI hub. He highlighted the state’s large pool of skilled professionals, strategic central location, and improving infrastructure as key strengths. While acknowledging MP is currently behind states like Karnataka, he believes the gap can be bridged quickly with the right push. The discussion also covered how AI can propel national initiatives like ‘Make in India’ and HCLTech’s interest in expanding its footprint in the state.

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Karnataka unveils Startup Policy 2025–30, setting the roadmap for the state’s Deep Tech decade

The Department of Electronics, IT & BT, Government of Karnataka has unveiled the Karnataka Startup Policy 2025–2030, laying out an ambitious blueprint to position the state as a global innovation and deep-tech hub over the next five years. The policy was launched as part of National Startup Month during a felicitation ceremony in Bengaluru honouring 146 Idea2PoC winners under the ELEVATE 2025 programme.

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K’taka backs 146 startups with Rs 38.5cr grant

The Karnataka govt has recognised 146 start ups under its flagship Elevate 2025 programme, extending Rs 38.8 crore in grant support to early-stage ventures, underscoring the state’s continued push to strengthen its startup ecc system. Of the selected start ups, 43% are women-lec while an equal proportion are based outside Bengaluru, reflecting a focus on inclusive and regionally balanced entrepreneurship.

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Energy storage: From better to BESS

The year 2025 was the ‘year of solar’, when India’s solar power sector broke many records. Now, 2026 is likely to go down in history as the ‘year of energy storage’ — because recent developments in battery energy storage systems (BESS) offer some important cues.

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25000 startups to be established: Priyank Kharge

With the ambition of giving a stronger boost to entrepreneurship over the next five years, setting up 25,000 new startups in the state, and developing Karnataka as a global innovation hub, the state government has formulated the ‘Startup Policy 2025–2030’, said Minister Priyank Kharge.

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Blackstone finalises structured investment deal in AI cloud startup Neysa

US firm Blackstone has finalised a structured investment in Mumbai-based Al cloud startup Neysa, initially putting in $50-75 million. The deal allows Blackstone to increase its stake to a controlling position if certain business milestones are met. Neysa was last valued at $120-130 million, and has raised $50 million in funding across two rounds till now.

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Karnataka Government Releases One of the Largest Grants through IT policy under Beyond Bengaluru Mission to Vertex Managed Workspace

The Government of Karnataka, through its Department of Electronics, IT & BT, today announced the release of one of the largest grants from Beyond Bengaluru mission to Vertex Managed Workspace, Mangaluru, marking a major milestone in the state’s mission to build strong technology hubs beyond Bengaluru.

The announcement was made by Shri Priyank Kharge, Hon’ble Minister for Electronics, IT & BT, Government of Karnataka & its department & Karnataka Digital Economy Mission (KDEM), and Mr. Gurudatta Shenoy, Managing Partner, Vertex Managed Workspace.

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Karnataka Government Releases One of the Largest Grants through IT policy under Beyond Bengaluru Mission to Vertex Managed Workspace

The Government of Karnataka, through its Department of Electronics, IT & BT, today announced the release of one of the largest grants from Beyond Bengaluru mission to Vertex Managed Workspace, Mangaluru, marking a major milestone in the state’s mission to build strong technology hubs beyond Bengaluru.

The announcement was made by Shri Priyank Kharge, Hon’ble Minister for Electronics, IT & BT, Government of Karnataka & its department & Karnataka Digital Economy Mission (KDEM), and Mr. Gurudatta Shenoy, Managing Partner, Vertex Managed Workspace.

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Beyond Bengaluru

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