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The state budget presented by Finance Minister K N Balagopal on Monday has proposed a slew of growth-oriented measures that will further strengthen the state’s IT sector and startup ecosystem. Considerable funds have been earmarked for the IT industry, industrial parks, and the development of key IT infrastructure such as Technopark, Infopark, and Cyber Park.

Finance minister K N Balagopal underscored the achievements of the Startup Mission, noting its role in creating 50,000 job opportunities and attracting investments totalling Rs 5,500 crore through venture capital funding The Kerala government, under the leadership of Chief Minister Pinarayi Vijayan, has designated the startup ecosystem as a cornerstone of its development strategy, alongside tourism and IT sectors.

A group of Indian startup founders wrote to Prime Minister Narendra Modi, Finance minister Nirmala Sitharaman and the Reserve Bank of India on the recent sanctions against Paytm, urging them to engage in constructive dialogue with the Fintech ecosystem, money control reported.

The Indian Institute of Technology (IIT) Bhubaneswar will launch its transformative 100CUBE Startup initiative on February 11 at its research and entrepreneurship park, institute director Shreepad Karmalkar said here on Monday. This initiative aims to create 100 startups, each with a valuation of Rs 100 crore, by the 100th anniversary of Odisha s formation in 2036, Karmalkar said.

In the heart of India s pharma and healthcare landscape, a silent revolution is taking place one fuelled not only by groundbreaking medical advancements but also by a fundamental shift in how work is approached. The fusion of technology and flexible work models is shaping a new era in patient care, one where empowerment and innovation go hand in hand.

The letter, however, has garnered a lukewarm response from the wider Indian fintech and startup ecosystem. At least four founders Moneycontrol spoke to said they opted to stay away as they saw this as a Paytm specific issue and didn’t want to rub the regulator the wrong way.

How D2C Brands are Planning to Drive Sales This Festive Season The longest festive season in India, which begins from midSeptember and stretches till midNovember, is currently underway. The brands are seeing a steep rise in positive sentiments in product adoption as the latent need to get together and celebrate what was significantly subdued due to the pandemic.

River, a newage electric vehicle (EV) startup, has raised $40 million in a Series B funding round led by Yamaha Motor Co Ltd, Japan. This round also saw participation from existing investors such as the Al Futtaim Group, Lower carbon Capital, Toyota Ventures, and Maniv Mobility, the company said in a statement.

River, a newage electric vehicle (EV) startup, has raised $40 million in a Series B funding round led by Yamaha Motor Co Ltd, Japan. This round also saw participation from existing investors such as the Al Futtaim Group, Lower carbon Capital, Toyota Ventures, and Maniv Mobility, the company said in a statement.

River, a newage electric vehicle (EV) startup, has raised $40 million in a Series B funding round led by Yamaha Motor Co Ltd, Japan. This round also saw participation from existing investors such as the Al Futtaim Group, Lower carbon Capital, Toyota Ventures, and Maniv Mobility, the company said in a statement.