India-focused startups incorporated overseas should be able to list on the domestic stock exchanges within the existing externalised structures, Indian industry body National Association of Software and Service Companies (NASSCOM) has suggested as part of its Union Budget 2024-25 recommendations.
Six Nagaland based Startups won awards in various categories at the Northeast Startup Summit held at Taj Vivanta, Guwahati on January 29. The summit was organised by Northeastern Council (NEC), in association with IIM Calcutta Innovation Park. Startups from Nagaland which won the awards included Online Express Nagaland, Ilandlo Services Pvt. Ltd and Jack of Few Trades in the incubation category and Ngurie Organic Pvt. Ltd , Ahibo Pvt. Ltd. and Gracious Handloom under Preincubation category.
Nagaland based Startups win awards at NE Startup Summit – Nagaland Post Read More »
India is known for its food diversity. Every home has its unique recipes. However, a lot of this recipe knowledge is fading away, because of generational changes. We wanted to ensure that we don t lose touch with those recipes, and hence our products play a unique role. We have a rich knowledgebase of over 3,000 recipes, from which we plan products, Bhasin told TNIE.
MTR: Blending tradition with innovation for 100 years – The New Indian Express Read More »
The government last week notified rules allowing Indian companies to directly list their shares on Gift City s India International Exchange and NSE International Exchange. That should make it easier for startups and other unlisted companies to raise money from overseas investors, while also bolstering Gift City s International Financial Services Centre (IFSC) as a destination for global capital.
With the government of India s ambitious goals, particularly the National Logistics Policy and Gati Shakti initiatives along with the expansion of ecommerce and infrastructural developments, Indian logistics startups are stepping up with more funding and innovation.
Evolve, a mental healthcare startup with operations in US and India, has successfully raised a follow-on funding round of Rs 2.5 crore. The round was led by Indian Angel Network along with participation from Rajesh Ranavat (Exec Director Fung Strategic Holdings) and other strategic angels. The startup had previously raised an Rs 3 crore preseed round in July 2022.
Amazon Web Services (AWS): Were leveraging AWS s global reach and leading data analytics services like Amazon Redshift and SageMaker to create data driven solutions and accelerate cloud migration initiatives for our customers. Our recent multiyear Strategic Collaboration Agreement focuses on cocreating generative AI and ML solutions, further propelling innovation for Indian businesses.
Krutrim, a generative artificial intelligence (GenAI) venture cofounded by Bhavish Aggarwal of Ola, recently announced that it has achieved unicorn status a term used to describe startups valued at $1 billion or above following its inaugural funding round.
Jai Hind College in Mumbai recently hosted its second Startup Exposition on January 20, 2024. Organized by the Incubator & Accelerator Centre under the guidance of Principal Dr. Vijay Dabholkar and MentorInCharge Dr. Rakhi Sharma, the event aimed to create a dynamic ecosystem for aspiring entrepreneurs.
Indian Startup Sector India s tech startup ecosystem, with over 1.14 lakh startups and 12 lakh jobs, is the third largest globally, with funding exceeding $70 billion from 2019 to 2023.
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