News

MeitY launches Digital India futureLABS to drive innovation in key tech sectors – Communication Today

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.

MeitY launches Digital India futureLABS to drive innovation in key tech sectors – Communication Today Read More »

Indian startups raised $732 Mn in January amid layoffs, shutdowns and top level exits – Entrackr

The first month of the year saw the Indian startups continuing to grapple with the so-called funding winter with a steep decline in monthonmonth funding inflow. Now well over a year old, January saw mass layoffs, a couple of companies shutting down, and a bunch of top-level exits kept the ecosystem on edge. In all this, Bhavish Aggarwalled AI startup Krutrim stood out by becoming a unicorn in a record time.

Indian startups raised $732 Mn in January amid layoffs, shutdowns and top level exits – Entrackr Read More »

Indian Science Congress showcases innovations for a smarter home – Down To Earth

The Science Innovators Exhibition, organised by the National Innovation Foundation, showcased a few such innovations the prime minister referred to. Here are five of my favourites: For people who tend to forget about food cooking on their gas stove and get busy with other chores, here is a great device.

Indian Science Congress showcases innovations for a smarter home – Down To Earth Read More »

India’s startup rockstar, Paytm CEO Vijay Shekhar Sharma, battles regulatory crisis – The Print

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 Sharma has put up a brave face even as nervous investors plundered $2 billion off Paytm s valuation after India s central bank ordered his banking arm to stop most of it operations from March 1 for persistent noncompliance and supervisory concerns

India’s startup rockstar, Paytm CEO Vijay Shekhar Sharma, battles regulatory crisis – The Print Read More »

India’s startup rockstar, Paytm CEO Vijay Shekhar Sharma, battles regulatory crisis – The Economic Times

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 Sharma has put up a brave face even as nervous investors plundered $2 billion off Paytm s valuation after India s central bank ordered his banking arm to stop most of it operations from March 1 for persistent noncompliance and supervisory concerns

India’s startup rockstar, Paytm CEO Vijay Shekhar Sharma, battles regulatory crisis – The Economic Times Read More »

Govt teams up with Google, Meta, and IBM for investment, innovation push – Communications Today

Government bodies have signed memoranda of understanding with Google, Facebook owner Meta and IBM to foster innovation and investment in the country, Parliament was informed on Friday. Minister of State for Electronics and IT Rajeev Chandrasekhar in a written reply to Rajya Sabha said that the government recognizes the potential of emerging technologies and is actively working with the private sector to foster innovation and promote their utilization.

Govt teams up with Google, Meta, and IBM for investment, innovation push – Communications Today Read More »

Fuelling India s Tech Boom With Rs 1 Trillion Innovation Fund – Business World

With India s exceptional web3 tech capacity and ability to build world class web3 products, this innovation fund stands to benefit the ecosystem and India as a web3 powerhouse, adding 1.1 trillion dollars to the economy Union Finance Minister Nirmala Sitharaman earmarking Rs 1 trillion innovation corpus in the Budget 2024 is certainly a very significant move to empower the tech community.

Fuelling India s Tech Boom With Rs 1 Trillion Innovation Fund – Business World Read More »

Fivefold rise in recognized startups in state in 5 years – The Times of India

Ahmedabad: In a response to a question by Rajya Sabha member Parimal Nathwani, Som Prakash , Union MoS (commerce and industry ) said the number of recognized startups in Gujarat increased from 565 in 2019 to 3,291 in 2023 This also led to an increase in direct employment opportunities, from 6,077 to 48,138 in the same period

Fivefold rise in recognized startups in state in 5 years – The Times of India Read More »

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