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The HAF.VC fund is the maiden VC fund for the Telangana based startup investment fund, designed specifically to focus on startups scalability through technology and AI. The fund has successful entrepreneurs and business leaders in pharma, health sciences, tech, education, sustainability and other sectors.

NeoDocs has been founded by Nikunj Malpani, Anurag Meena, and Pratik Lodha. Using their smartphone, NeoDocs customers may order rapid lab tests. The app essentially turns users cell phones into little labs; all they have to do is take the test, snap a photo, and get the findings right away on their phone.

In September, the Pune based startup claimed that it reached a gross bookings value (GBV) of $600 million in 2022 while its operational revenue soared to $15 million with a post-tax profit of $6 million. In 2023, Amber had projected to cross $1.2 billion in GBV for their respective partners.

Direct to consumer (D2C) startup Blissclub has laid off nearly 21 employees, or 18 per cent of its workforce, to cut costs. However, the number of impacted employees at the fashion apparel startup could be as high as 30, according to leading startup news portal Inc42.

Corrit Electric, an electric vehicle startup, has raised Rs 5 crore in funding from Porush Jain. Previously, the startup announced that it raised $9 million in its Series A funding round. The fresh proceeds will be used to expand operations and further its research and development initiatives.

The Government with an intent to build a strong ecosystem for nurturing innovation and encouraging investments launched the Startup India initiative on16thJanuary2016. The Government unveiled an Action Plan for Startups comprising of schemes and incentives envisaged to create a vibrant startup ecosystem in the country.

Sustained efforts by the government under the Startup India initiative have led to an increase in the number of DPIIT recognised startups from over 300 in 2016 to 1,17,254, as on December 31, 2023. Specifically for the state of Tamil Nadu , there are a total of 7,559 DPIIT recognized startups as on Dec 31, 2023.

The Department for Promotion of Industry and Internal Trade (DPIIT) has recognised 7,559 startups in Tamil Nadu under the Startup India Initiative, the Union government said. This information has been provided by the Union Minister of State for Commerce and Industry, Som Parkash in a written reply in the Rajya Sabha on Monday, a release from PIB Chennai here said.

When Odisha celebrates 100 years of its formation as a separate province on linguistic basis in 2036, as many as 100 entrepreneurs from the land of Odisha will be leading the innovative startups of Rs 100 crores of valuation each, he added He commended the growing startup ecosystem in India, particularly in Odisha where 40 per cent of startups are led by women, urging collaboration and support from all stakeholders to nurture and expand this ecosystem

BioAsia, Asia s premier life sciences and healthcare forum, is set to kick off engaging discussions enriched with profound expertise in healthcare and technology. Celebrating its 21st edition, BioAsia stands as a testament to the pioneering collaboration between the government, academia and industry, sparking innovation and driving growth in the life sciences sector.