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The new rules will incorporate startups established between 1 April 2016 and 31 March 2025 The definition of eligible startup is likely to change under the Startup India Scheme. The central government has proposed to incorporate startups established between 1 April 2016 and 31 March 2025. This helps eligible startups to get a tax holiday.

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.

Dr. S. Ramakanth, assistant professor at the physics department and principal of University PG College in Godavarikhani of Peddapalli district has secured intellectual property rights for his innovation from the University of Hyderabad.

Explore 10 generative AI startup ideas that will make you rich in 2024 Generative AI is a branch of artificial intelligence that can create new and realistic artifacts, such as images, text, code, or designs, based on existing data and models. Generative AI can help solve various problems and create value in various domains, such as entertainment, education, healthcare, and more.

Finance Minister Nirmala Sitharaman unveiled the interim budget for the financial year 202425 on February 1. Along with the vote on account, she announced some major decisions and policy intent for the development of education and innovation, which have been received well by the edtech industry.

These government initiatives will foster increased participation of women in the startup ecosystem, thereby advancing gender equality within the workforce. This budget maintained an equilibrium between rural development and supply chain logistics enhancement. Sectors like tourism, previously dormant, are expected to witness revitalisation, fuelling job creation and supporting the growth of MSMEs and related sectors.

Fire Safe Build India (FSBI) 2024, the leading exhibition dedicated to passive fire protection solutions, kicks off today at the Jio World Convention Centre in Mumbai. Organized by Nuernberg Messe India, this landmark event is a must attend for builders, developers, specifiers, regulators, and public works officials, as well as professionals in Metro Rail, Oil & Gas, and Tunnel Engineering.

Startup funding in the last week of January 2024 went up by about 97% from the same period a year ago, totalling $93.8 million across 11 different deals. Companies, across seed, early and late-stages, had raised about $47.6 million across 18 rounds in the period from January 27 to February 2, 2023, as per data from Tracxn.

Diabetes management startup Sugar.fit recently announced raising $11 million funding in its Series A round led by MassMutual Ventures. Existing investors, Cure.fit (now Cult.fit), Tanglin Venture Partners, and Endiya Partners also participated in the round.

The fourth edition of the RePharma Summit 2024, themed Reinvent, Restructure, and Reform , served as a vital platform for Indian pharma sector leaders to deliberate on the transformative shift the industry is undergoing and how it is shaping the industry in the years to come.