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.

As part of the Startup India National Innovation Week initiated by the Department for Promotion of Industry and Internal Trade (DPIIT), The Directorate of Entrepreneurship and Innovation (DEI), SRM Institute of Science and Technology (SRM IST), Kattankulathur celebrated The National Startup Day .

In the constantly shifting terrain of global retail, technology has taken centre stage, spearheading transformative shifts in consumer experiences and business operations. As 2023 unfolds, marking the rapid pace of these changes, Ubuy, a prominent international eCommerce platform headquartered in Kuwait, emerges as a trailblazer in adopting the latest retail technology trends.

Conversational AI Startup Kore.ai Secures $150 Mn in Latest Round Conversational AI Startup Kore.ai Secures $150 Mn in Latest Round BW Communities is an array of business news websites targeted towards niche communities and readers across various industries

With the vote on account for fiscal 202425 around the corner, leading industry associations have placed their wish lists before the government, focusing on boosting investments, manufacturing competitiveness, innovation, MSME growth and ease of compliance.

As part of the Atmanirbhar Bharat Abhiyan (Selfreliant India campaign) Government of India launched various Production Linked Incentive (PLI) schemes. These PLI schemes were announced as a special economic and comprehensive package to fight the negative impact of COVID19 pandemic in India.

With the help of several investors, including Matrix Partners India, Bhavish Aggarwal s artificial intelligence business Krutrim SI Designs has announced that it has raised $50 million. With the fundraising, the startup became the fastest company to reach the $1 billion valuation and turned unicorn.