“With the benefit of hindsight, 2021 was a crazy year, and you look back and see that there are many such cycles that have played out,” said Mukesh Bansal, cofounder of Myntra and Cultfit and also an angel investor. “For me, I find most joy in building outstanding products whether I put on a founder hat or an investor hat. Unfortunately, I can’t do a lot of it on my own now so I’m part nearing with great cofounders now.”

Minister for Micro, Small and Medium Enterprises T M Anbarasan launched the Smart Cards at an event here recently, and gave away 10 Smart Cards to startups on the occasion StartupTN has launched Smart Card and other new initiatives to meet the needs of aspiring entrepreneurs in the early stage of building their startup.

Union minister Dharmendra Pradhan on Sunday launched an initiative of IIT Bhubaneswar’s Research and Entrepreneurship Park, which aims at creating 100 startups with a valuation of Rs 100 crore each by 2036. The 100Cube startup initiative was unveiled by Pradhan here, who said innovation is in the DNA of Odia society.

Principal Scientific Advisor to the Government of India Prof Ajay Kumar Sood has launched Science for WomenA Technology & Innovation (SWATI) Portal, aimed at creating a single online portal representing Indian Women and Girls in STEMM (Science, Technology, Engineering, Mathematics & Medicine)

Directtoconsumer (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.

Adopting platform driven changes and utilising AI will drive businesses toward a fresh wave of innovation. CIOs, crucial for sustainability, will redefine success metrics in the digital realm, said Neha Gupta, senior research manager, IDC India. IDC expects that the combination of predictive AI, machine vision, and GenAI capabilities, and the provisioning of on demand services through digital ecosystems, will take on a new dimension.

When Odisha celebrates 100 years of its formation as a separate province on linguistic basis in 2036, as many as 100 entrepreneurs from the land of Odisha will be leading the innovative startups of Rs 100 crores of valuation each, he added He commended the growing startup ecosystem in India, particularly in Odisha where 40 percent of startups are led by women, urging collaboration and support from all stakeholders to nurture and expand this ecosystem.

The Centre has launched the 100 Cube initiative to help establish a hundred startups of 100 crore valuation each in the state by 2036 just when Odisha completes its statehood centenary The Minister for Education, and Skill Development & Entrepreneurship Dharmendra Pradhan who launched the 100 Cube initiative from IIT Bhubaneshwar earlier this week, pointed to the Modi government s commitment to the Purvodaya vision which is centered on boosting development in the eastern states.

Apple has long been quietly acquiring artificial intelligence startups to bolster its AI capabilities across its products and services. This strategy continued strongly in 2023, with Apple purchasing up to 32 AI companies last year according to estimates from Stocklytics which sourced their data from a Statista report.

Apple has reportedly opened a new tab plans to settle a lawsuit that accused tech startup Rivos of stealing its trade secrets which were related to computer chip technology, according to a joint court filing on Friday in California federal court.

Apple has reportedly opened a new tab plans to settle a lawsuit that accused tech startup Rivos of stealing its trade secrets which were related to computer chip technology, according to a joint court filing on Friday in California federal court.

Jammu and Kashmir Lieutenant Governor Manoj Sinha on Sunday said that active participation of women in science, technology and research can build India as a global innovation powerhouse. In J&K, we have made consistent efforts to bridge the gender gap at all levels of Science, Technology, Engineering and Mathematics (STEM) disciplines.

Fund of Funds for Startups (FFS), a key component of the Startup India Action Plan launched by Prime Minister Narendra Modi in 2016, is one of the flagship programs of DPIIT, Government of India, and has proven to be a game changing intervention of Government of India in country s Startup Ecosystem.

In the recent episode of Shark Tank India season 3, Aman Gupta rejected a startup pitch which was even praised by Prime Minister Narendra Modi. We saw the founders of a startup named Daak Room pitching their company. They explained that Daak Room promotes physical writing through their campaigns and products. They then asked for Rs 36 lakh equity in return for a 4 per cent stake in their company.

The non-profit research organization OpenAI, which focuses on safe and useful artificial intelligence, has accomplished a significant milestone. The Financial Times, citing people familiar with the company’s financial records, stated that by December 2023, OpenAI will have generated $2 billion in annualized income.

Odisha has set an ambitious goal of fostering 100 startups with a turnover of 100 crore each by 2036, coinciding with the state’s centenary year. This vision was shared by Union Education Minister Dharmendra Pradhan during a fireside chat at the 100 Cube Startup Conclave held at the Indian Institute of Technology (IIT) Bhubaneswar.

Nothing, CoFounder, Akis Evangelidis Talks About Journey of Nothing and Redefining Tech Innovation ET Now Global Business Summit 2024: Building innovative global brands through the power of community Akis Evangelidis, CoFounder, Nothing In conversation with Vikram Oza, Media Consultant, Presenter, and News Anchor, ET NOW