Union Education Minister Dharmendra Pradhan on Sunday launched an initiative of IIT Bhubaneswar s Research and Entrepreneurship Park, which is aimed at creating 100 startups with a valuation of Rs 100 crore each by 2036. According to an official statement, the programme aims to create 100 startups, each with a valuation of Rs 100 crore, by the 100th anniversary of Odisha in 2036.

Such inefficiencies in the supply chain can stunt innovation in this sector and must be addressed. To overcome these challenges, it is vital to rethink supply chains from a linear to a more networked and agile model, where data transparency and real time communication are at the core of operations.

Anita Patankar, Director of Symbiosis Center for International Education, stated, This call for proposals targets students enrolled at higher education institutes/universities who are committed to their personal and professional growth, aiming to make significant contributions to addressing present and future global challenges and enhancing the sustainability, innovation, and social responsibility of higher education institutions

In a bid to bring more entrepreneurs, the Stateowned Tamil Nadu Startup Innovation Mission branded as StartupTN has decided to develop a common online platform to support and address the requirements of startups across the State. Accordingly, the online system will act as a onestop point for all the needs of startups in the State providing all information required for the companies.

The Fund of Funds for Startups Scheme i.e. FFS Scheme, being run under Startup India, has given a great boost to Startups. The FFS scheme was started by PM Modi in January 2016, so that the startups of the country could be promoted. Through this fund, a total assistance of Rs 17,534 crore has been provided to 938 startups. This information has been received through CRISIL assessment.

Spiritual tech startup Astrotalk has raised funds to expand in international markets. Spiritual tech startup Astrotalk has raised $20 million in Series A round from New York based venture capital firm Left Lane Capital. The funds will be utilised for strategic acquisitions to expand in international markets, solidify new business verticals and hire senior leaders, the company said in an announcement made on February 12.

Shark Tank India 3: The startup, Daak Room, which was once praised by Prime Minister Narendra Modi landed on a recent episode of Shark Tank India Season 3. During the episode, Daak Room founders Shivani Mehta and Harnehmat Kaur presented their startup and said that they promote physical writing among people through school programs, campaigns, events and products.

In a momentous achievement, Smile Automation has been honoured with the esteemed title of Innovation Supplier of the Year by Becton Dickinson (BD), a global leader in medical technology with a Head Office in the USA and branches all over the world.

RBI Guv on Paytm review; startups Google plea on Play Store Want this newsletter delivered to your inbox Also in this letter: Hardly room to review action against Paytm Payments Bank: RBI Guv What did he say FAQ in the works: Board member quits: Catch up quick:

In the dynamic realm of India s retail industry, Quick Commerce (Qcommerce) has emerged as a gamechanger, revolutionizing the conventional norms of lastmile delivery. With the modern lifestyle demanding swift access to products, Qcommerce has gained considerable traction.

Orion Innovation (Orion), a leading digital transformation and product development services firm, announced it was named in Everest Group’s prestigious PEAK Matrix Assessment for 2023. Orion is recognized as a Major Contender in the Data and Analytics (D&A) Services for Midmarket Enterprises PEAK Matrix 2023.

Encouraging dissenting views fosters an environment of innovation. Each team member feels empowered to voice concerns and propose alternatives. This openness stimulates creativity, leading to novel solutions. Despite the complexities, the panel reached a consensus: to proceed with the launch, armed with a robust monitoring and adaptation framework.

Special Arrangement Somaiya Vidyavihar is all set to witness 100+ innovations from across the world at the 9th Edition of Maker Mela, powered by the Department of Science & Technology, Government of India, which is going to be held from 12th to 14th February 2024.

Egypt is currently undergoing exciting digital growth driven by factors including national digitalization projects, infrastructure modernization, and data center investments. We have an unwavering commitment to continuous development, and our strategic partnership with LogRhythm strengthens our position as a leading provider of sovereign cloud services in Egypt, said Atef Mohammed, IT & Cloud Director at efinance.

IREDA and IIT Bhubaneswar sign MoU to drive clean energy innovation in a bid to catalyze innovation and research within the renewable energy domain, the Indian Renewable Energy Development Agency (IREDA) and the Indian Institute of Technology, Bhubaneswar, formalized a Memorandum of Understanding (MoU) on Sunday.

Union Education Minister Dharmendra Pradhan launched an initiative of IIT Bhubaneswar s Research and Entrepreneurship Park that aims at creating 100 startups with a valuation of Rs 100 crore each by 2036. Check details here IIT Bhubaneswar s 100 Cube Startup Initiative

The HAF.VC fund is the maiden VC fund for the Telangana based startup investment fund, designed specifically to focus on startups scalability through technology and AI. The fund has successful entrepreneurs and business leaders in pharma, health sciences, tech, education, sustainability and other sectors.

NeoDocs has been founded by Nikunj Malpani, Anurag Meena, and Pratik Lodha. Using their smartphone, NeoDocs customers may order rapid lab tests. The app essentially turns users cell phones into little labs; all they have to do is take the test, snap a photo, and get the findings right away on their phone.

In September, the Pune based startup claimed that it reached a gross bookings value (GBV) of $600 million in 2022 while its operational revenue soared to $15 million with a post-tax profit of $6 million. In 2023, Amber had projected to cross $1.2 billion in GBV for their respective partners.

Direct to consumer (D2C) startup Blissclub has laid off nearly 21 employees, or 18 per cent of its workforce, to cut costs. However, the number of impacted employees at the fashion apparel startup could be as high as 30, according to leading startup news portal Inc42.