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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.

The accelerator programme is launched with support from Hyderabad based startup incubator THub, and AWS partner and cloud solution firm Minfy following an MoU signed by AWS with Indian space agency ISRO and INSPACe in September last year to enable support for startups in space technology.

THub, India s premier startup incubator, announced the commencement of the latest cohort of the AIC THub Healthcare program, dedicated to fostering technological advancements in India s healthcare sector. The program will feature 20 startups selected for their pioneering solutions in Digital Health, Wearables, and Hospital Systems.

Hyderabad based Technology or THub, a startup incubator, has announced the launch of the new cohort of the AIC THub Healthcare programme, aimed at fostering technological advancements and innovations within the healthcare sector across India. The programme will host 20 startups carefully selected for their groundbreaking solutions in the healthcare ecosystem.