While the deeppocketed, Microsoftbacked OpenAI has opened the floodgates to what s being called the greatest technological innovation of our times, do Generative AI startups have a strong business model.

A government spokesperson said that Addverb, which started operations from a 400 square ft room, has become the country s largest robotics company with an annual turnover of more than Rs 450 crore.

Such AIdriven startups are reshaping transit in smart cities. These firms are changing urban transportation through the creation of autonomous transport, ridesharing services networks, as well as proficient traffic management technologies.

The very situation that Grover speaks of played out for Mohit, a founder whose startup saw significant interest after the show aired. Usage spiked, leading to revenue doubling in days. The spike in demand that Grover speaks of typically lasts for 30 days.

Karma Primary Healthcare has raised Series A equity funding from a consortium of investors led by Innospark Ventures, 1Crowd, Innovative Directions, Aanshi LLP, Social Innovation Circle, Sunil Mishra and other prominent angel investors.

Google India has announced the second edition of its Startup School 2023, a virtual programme aimed at supporting and empowering startups in India. Supported by governments Startup India initiative, the program will commence on July 11 and run for eight weeks, featuring a lineup of over 30 Google and industry experts.

Prior to that, he joined GwynnieBee/Caastle, a clothingasaservice startup, where he led teams in data platforms and user retention. He also served as the head of product and engineering at Qikwell, a healthcare startup that was later acquired by healthcare platform Practo.

DigiKey has partnered with GroupGets to launch the “Get MADE” crowdfunding initiative, a collaboration that promotes and funds hardware creators. This program will allow startups to get hardware funded, produced and sold on DigiKey’s website.

This exclusive event brought together the most promising startups, investors, and mentors, from around the world.Soham Ghosh , founder, said that Co Create Labs is shaping a future where innovation thrives, where ideas flourish, and where opportunity knows no boundaries.

In recent years, the startup ecosystem has witnessed a surge in innovative companies that are focused on enabling and empowering small and mediumsized enterprise (SME) manufacturers.

Addverb, the company that started from a 400squarefoot room under the startup policy brought in in Uttar Pradesh in 2017, has become the country s largest robotics company with a turnover of more than Rs 450 crore.