At a time when the Reserve Bank of India (RBI) is bringing the regulatory hammer down on fintech’s in the country, several startups have received regulatory approvals to operate as payment aggregators. This month, two fintech startups Decentro and Juspay, and enterprise softwareasaservice (SaaS) firm, Zoho, have received final authorisation from the RBI for payment aggregator (PA) licences.

Ashish Agarwal, CEO, Seros Energy Pvt Ltd said: In an era where our nation increasingly leans on cleaner and more sustainable energy sources, Seros is not just exploring coal-based methane but leading a transformative journey towards a greener and more efficient future.

The state MSME department on Wednesday distributed capital subsidy to the tune of Rs 9.05 crore to four SC/ST Startups. State MSME minister T M Anbarasan distributed Rs 9.05 crore investment subsidy to four SC/ST Startups under TANSeed Fund scheme at a function organized by StartUp TN.

Malay Dikshit, Founder and CEO of Piscium, stated, by 2027, over 300k dentists across 5 continents would be using Piscium s products as we believe that scientific acumen, strong innovation pipeline, and an equally strong route to market would be our principal growth drivers.

The pavilion showcases ONGC s automatic onshore drilling rigs, highlighting the company s cutting edge technology and innovation in drilling operations. These rigs exemplify ONGC s commitment to efficiency, safety, and environmental sustainability in onshore exploration endeavours.

Piscium, an innovative nanotechnology startup specializing in medical devices, has raised Rs 6 crore in Series A round led by Unicorn India Ventures. The company, renowned for its patented nanodiamond technology, is also recognized by the Department of Scientific and Industrial Research (DSIR) as a leading dental and medical device startup.

The main objective of this program is to help startups overcome critical hurdles in product development, translation and scaling up with the assistance of Molbio s expertise, guidance and support. Participants will be able to leverage Molbio s extensive network and expertise to bring their innovation to a worldwide audience.

International Virtual Assistance IVA), a deeptech startup in Technopark, Thiruvananthapuram, has won the title of Best Research Company in AI at the fourth Global Artificial Intelligence Summit and Awards (GAISA) 2024. A Kerala Startup Mission supported company, IVA received the recognition from the All-India Council for Robotics and Automation (AICRA) for its collaboration on a defence related project for the development of a virtual strain gauge sensor for aeroengine testing.

City based EV startup River has raises $40 million led by Yamaha Motor Existing investors Al Futtaim Group, Lower carbon Capital , Toyota Ventures and Maniv Mobility, have also participated in the round This takes the cumulative funding raised by the company to $68 million

Deep tech fintech startup Fabits has recently secured preseed funding from WMUIndia. This strategic partnership will transform the B2B fintech space and also empower mutual fund distributors and other key players to enhance their client offerings, the companies said in a statement.

Minister of State for Electronics and Technology Rajeev Chandrasekhar said artificial intelligence (AI) is the greatest innovation of our lifetime while speaking at a session during the DNPA Conclave and Awards 2024, held in association with Storyboard18.

Deloitte India is strategically expanding its SAP Business Technology Platform (SAP BTP) practice to build and deliver automation and Generative AI solutions for clients. Deloitte India s collaboration with SAP aims to deliver significant benefits to customers including faster time to market, easier access to cutting edge cloud-based technologies like generative AI, business AI, machine learning, automation, and more.

Prime Minister Narendra Modi on Wednesday launched a scathing attack on the Congress and said that his belief has been confirmed the grand old party has turned outdated in its thinking. The Prime Minister also accused the party of spreading a negative narrative of the country.

As part of Cisco s continued expansion in innovations powered by Generative AI, the Cisco Observability Platform now offers a natural language interface for troubleshooting. Operators can use conversational dialogues instead of a structured query language to perform common tasks during troubleshooting, thereby increasing productivity.

CGI India, in collaboration with Learning Links Foundation and NITI Aayog, hosted the STEM SPARK Innovation Fest 202324 Grand Finale. This annual event aimed to cultivate a vibrant ecosystem for student led innovations addressing community challenges. Students were required to align their innovative solutions with any of the UN Sustainable Development Goals to participate in the competition.

Cactus Venture Partners on Wednesday announced that it has raised Rs 630 crore for its maiden fund to invest in early growth stage startups. This is the final close for the fund, which will invest in climate technology, health technology and business to business software as a service company backed by purpose driven entrepreneurs.

Blue Ocean opportunity for startups building for rural India s top 30% market: Accel s Anand Daniel The top 30 per cent of rural households in India will show an annual spend of approximately USD 540 billion by 2030, says Anand Daniel, partner at global VC fund Accel, about the increasingly aspirational segment that accounts for 52 per cent of rural consumption.

Bengaluru based EV startup River on Tuesday said it has raised $40 million (about Rs 335 crore) in a Series B round led by Yamaha Motor Co. The round also saw participation from existing investors AlFuttaim Automotive, Lower carbon Capital, Toyota Ventures and Maniv Mobility.

Bengaluru based startup CrisprBits Private has unveiled OmiCrisp, a revolutionary CRISPR based testing platform designed for rapid diagnosis and surveillance of SARSCoV2. In a press statement on Wednesday , the startup said what sets OmiCrisp apart is its capability not only to detect the virus but also to distinguish variants of the Omicron lineage from other known variants of concern.

The AWS Space Accelerator: India program will foster startups focused on space technology, and accelerate their development by providing dedicated business resources, expertise, and guidance around technology and business capabilities, and also help them leverage AWS to build, grow, and scale their missions.

ISRO, as part of its focus to create awareness on spacetech and develop India s space sector, will explore the provisions of the MoU with AWS, and extend the necessary support, in line with the prevailing guidelines of the department, to foster startup innovation in the country, including supporting the accelerator program through educational workshops and seminars for startups.