Sustained efforts by the Government to build a strong ecosystem for nurturing innovation have led to a substantial increase in the number of startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) to 1,17,254 as on 31 December 2023. These recognised startups are reported to have created over 12.42 lakh direct jobs creating significant economic impact.

Deeptech startup Algorithmic Biologics has raised $2.5 million in a pre-Series A funding round led by Bharat Innovation Fund (BIF), with participation from Axilor Ventures. Founded by IIT Bombay professor Manoj Gopalkrishnan, AlgoBio specialises in using advanced algorithms and artificial intelligence (AI) to enhance the efficiency and scale of molecular testing.

The Airbus Innovation Centre of the leading airliner manufacturer called Airbus is offering a fulltime internship at the Bangalore facility in the field of Data Analytics for the year 2024. The interns will get a chance to closely work with startups, and Micro Small and Medium Enterprises (MSMEs) by interpreting and analysing data to identify patterns, and trends, and extract insights for decision making.

Apple is planning to acquire a German AI startup Brighter AI, specialising in anonymising face and licence plate data, a media report has said. According to 9to5Mac, citing sources, the tech giant aims to use this acquisition to improve privacy features on its mixed reality (MR) headset Vision Pro.

Apple is planning to acquire a German AI startup Brighter AI, specialising in anonymising face and licence plate data, a media report has said. According to 9to5Mac, citing sources, the tech giant aims to use this acquisition to improve privacy features on its mixed reality (MR) headset Vision Pro.

Zomato has unveiled a PlasticFree Orders Packathon in collaboration with Startup India to encourage innovation in sustainable packaging for food delivery orders. The Packathon is a competition for startups to showcase food delivery sustainable packaging options for restaurants catering to online food orders.

Zomato has unveiled a PlasticFree Orders Packathon in collaboration with Startup India to encourage innovation in sustainable packaging for food delivery orders. The Packathon is a competition for startups to showcase food delivery sustainable packaging options for restaurants catering to online food orders.

Nobel laureate Morten Meldal has lauded India s research funding ecosystem, underscoring the role played by the Biotechnology Industry Research Assistance Council (BIRAC) in facilitating and financing the innovation project.

Nobel laureate Morten Meldal has lauded India s research funding ecosystem, underscoring the role played by the Biotechnology Industry Research Assistance Council (BIRAC) in facilitating and financing the innovation project.

Bangkok: As industries, governments and law enforcement agencies all over the world struggle to keep up with the vast and ever evolving cybercrime ecosystem, specialist cyber defenders building and upgrading firewalls, say that sensitisation and prevention are always better than cure.

Hyderabad: In a significant move, the Telangana government has entered into a Memorandum of Understanding (MoU) with 3AI, India s largest platform for AI & Analytics leaders, to establish the state as a prominent global hub for Artificial Intelligence (AI) development and innovation.

An IIT Bombay and IIM Ahmedabad alumnus, Abhiroop has worked as a VC (venture capitalist) with Elevation Capital (formerly SAIF partners), leading investments in fintech and financial services sectors for the fund. He has also worked as a management consultant at McKinsey for five years before cofounding Taskbob (a consumer internet startup) and scaled it to market leadership in Mumbai.

Commerce and Industry Minister Piyush Goyal on Saturday said a three-day Startup Mahakumbh will be organised from March 18 here at Bharat Mandapam. It will be the largest get together of startups, unicorns, soon corns. A all under one roof showcasing the India story, story of our youth, talent, technology, and innovation, he told reporters here.

The startup ecosystem created by Prime Minister Narendra Modi has made the country s youth job providers from job seekers, said Gujarat Chief Minister Bhupendra Patel on Saturday. Speaking at the Veljapur Startup Festival, he said PM Modi doesn’t think of youth just as voters but believes in their power and works for their development.

The startup ecosystem created by Prime Minister Narendra Modi has made the country s youth job providers from job seekers, said Gujarat Chief Minister Bhupendra Patel on Saturday. Speaking at the Veljapur Startup Festival, he said PM Modi doesn’t think of youth just as voters but believes in their power and works for their development.

In a remarkable transformation, Prime Minister Narendra Modi s visionary initiatives have empowered India s youth, turning them from job seekers into job providers. This was highlighted by Gujarat Chief Minister Bhupendra Patel during the Veljapur Startup Festival.

A ragstoriches tale, Vijay Shekhar Sharma is no stranger to controversy. Now, India s startup king faces arguably his biggest crisis in a race to save his revolutionary digital payments firm that had once counted Warren Buffett as a backer.

NECIIMCIP is transforming startup landscape in Northeast India Photo : iStock from past six years, the Northeast Region of India is witnessing an increasing interest in entrepreneurship. It is a viable solution to various socioeconomic challenges, including unemployment and underutilization of local resources.

The Telangana government on Friday signed an MoU with 3AI, India s largest platform for AI & Analytics leaders and professionals, to position Hyderabad and Telangana as a global hub of Artificial Intelligence (AI) development and innovation.

On February 1, Finance Minister Nirmala Sitharaman announced that a corpus of Rs 1 lakh crore will be established for loans at low and or nil interest rates to encourage the private sector to scale up research and innovation in the sunrise sector.