Union Minister of Commerce and Industry, Piyush Goyal, during the recently held Startup India Innovation Week, chaired a unicorn roundtable to celebrate the growth of the unicorns and chart a collaborative way forward to support the growth of more unicorns in India.

Breakfast with RSS: What startup founders were served The influence of the RSS on BJP is perceived to be more pronounced in cultural matters than in the realms of economy and entrepreneurship However, the conservative ideological parent of the ruling party is trying to change that through an image makeover and by engaging with startup founders.

Elon Musk s neurotech startup Neuralink successfully implanted its device in a human for the first time, with the patient reported to be recovering well. Neuralink aims to develop a brain implant to assist patients with severe paralysis in controlling external technologies using neural signals.

With a booming economy and significant tech innovations, India is well on the path to take center stage on the global platform. In India, we ve carved out a new personal sector that includes individual entrepreneurship, micro enterprises, and micro financing. This sector capitalises on the capabilities of digital and mobile technologies.

Union Minister Piyush Goyal chaired a roundtable to celebrate the growth of the unicorns and chart a collaborative way forward to support their growth in the country during the Startup India Innovation Week, Ministry of Commerce & Industry said on Tuesday.

Union commerce and industry minister Piyush Goyal on Tuesday urged the unicorns to come together and set up a unicorn club or association that would come up with solutions for access to capital for startups in the country. His statement came after the recently held Startup India Innovation Week and chaired a unicorn roundtable to celebrate the growth of the unicorns and chart a collaborative way forward to support the growth of more unicorns in India.

India-focused startups incorporated overseas should be able to list on the domestic stock exchanges within the existing externalised structures, Indian industry body National Association of Software and Service Companies (NASSCOM) has suggested as part of its Union Budget 2024-25 recommendations.

Six Nagaland based Startups won awards in various categories at the Northeast Startup Summit held at Taj Vivanta, Guwahati on January 29. The summit was organised by Northeastern Council (NEC), in association with IIM Calcutta Innovation Park. Startups from Nagaland which won the awards included Online Express Nagaland, Ilandlo Services Pvt. Ltd and Jack of Few Trades in the incubation category and Ngurie Organic Pvt. Ltd , Ahibo Pvt. Ltd. and Gracious Handloom under Preincubation category.

India is known for its food diversity. Every home has its unique recipes. However, a lot of this recipe knowledge is fading away, because of generational changes. We wanted to ensure that we don t lose touch with those recipes, and hence our products play a unique role. We have a rich knowledgebase of over 3,000 recipes, from which we plan products, Bhasin told TNIE.

The government last week notified rules allowing Indian companies to directly list their shares on Gift City s India International Exchange and NSE International Exchange. That should make it easier for startups and other unlisted companies to raise money from overseas investors, while also bolstering Gift City s International Financial Services Centre (IFSC) as a destination for global capital.

With the government of India s ambitious goals, particularly the National Logistics Policy and Gati Shakti initiatives along with the expansion of ecommerce and infrastructural developments, Indian logistics startups are stepping up with more funding and innovation.

Evolve, a mental healthcare startup with operations in US and India, has successfully raised a follow-on funding round of Rs 2.5 crore. The round was led by Indian Angel Network along with participation from Rajesh Ranavat (Exec Director Fung Strategic Holdings) and other strategic angels. The startup had previously raised an Rs 3 crore preseed round in July 2022.

Amazon Web Services (AWS): Were leveraging AWS s global reach and leading data analytics services like Amazon Redshift and SageMaker to create data driven solutions and accelerate cloud migration initiatives for our customers. Our recent multiyear Strategic Collaboration Agreement focuses on cocreating generative AI and ML solutions, further propelling innovation for Indian businesses.

Krutrim, a generative artificial intelligence (GenAI) venture cofounded by Bhavish Aggarwal of Ola, recently announced that it has achieved unicorn status a term used to describe startups valued at $1 billion or above following its inaugural funding round.

Jai Hind College in Mumbai recently hosted its second Startup Exposition on January 20, 2024. Organized by the Incubator & Accelerator Centre under the guidance of Principal Dr. Vijay Dabholkar and MentorInCharge Dr. Rakhi Sharma, the event aimed to create a dynamic ecosystem for aspiring entrepreneurs.

Indian Startup Sector India s tech startup ecosystem, with over 1.14 lakh startups and 12 lakh jobs, is the third largest globally, with funding exceeding $70 billion from 2019 to 2023.

Chandigarh: Innovation in Punjab is picking pace with the state recording over fivefold growth in intellectual property (IP) innovation in the last decade, pointing at strides in technological and economic progress Among emerging states, Punjab has been ranked second in terms of innovation share , according to the latest Ecowrap report of State Bank of India

Uttishtha 2024, the 7th edition of the biggest agri startup expo, has concluded with great fanfare after two days of talent, innovation, and creativity organised by the Foundation for Innovation and Entrepreneurship Development [FIED] and ECell at IIM Kashipur. The event showcased a number of forward-thinking startups run by bright young people from all around the nation.

The Nadathur S. Raghavan Centre for Entrepreneurial Learning (NSRCEL), the startup incubator of IIM Bangalore, on Monday, has floated a DeepTech focused preseed startup accelerator fund. Established in 2000, NSCREL, launched the fund in collaboration with government owned lender Small Industries Development Bank of India (SIDBI).

Aiming to become a startup hub and one of Asia s most preferred startup destinations in the next few years, the government of Goa is planning to tap into the coastal states USPs: beaches and heritage locations The government is encouraging entrepreneurs to set up their startups in Goa by exploring the creation of working spaces on the state’s beaches and heritage locations

This strategic alliance leverages Glenmark s expertise in small molecules and Ichnos proficiency in novel biologics, uniting over 150 scientists across three global centres of innovation in the USA, Switzerland, and India Glenmark Pharmaceuticals and Ichnos Sciences have unveiled a transformative collaboration, establishing the Ichnos Glenmark Innovation (IGI) alliance to expedite groundbreaking innovations in cancer treatment.