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Switzerland based impact investor respons Ability on Monday announced that it will invest up to $25 million in EV ride hailing and charging provider BluSmart, as part of its $500 million climate investment strategy. This investment will help BluSmart in expanding its EV charging infrastructure across India, signifying a significant step in responsAbility s mission to mobilise capital and invest in solutions that generate positive societal and environmental impact in emerging markets, the company said.

Switzerland based impact investor respons Ability on Monday announced that it will invest up to $25 million in EV ride hailing and charging provider BluSmart, as part of its $500 million climate investment strategy. This investment will help BluSmart in expanding its EV charging infrastructure across India, signifying a significant step in responsAbility s mission to mobilise capital and invest in solutions that generate positive societal and environmental impact in emerging markets, the company said.

Indian EV Startup BluSmart Raises $25 Million From Swiss Investor responsAbility New Delhi 29January2024 Photo: IANS Switzerland based impact investor responsAbility on Monday announced that it will invest up to $25 million in EV ride hailing and charging provider BluSmart, as part of its $500 million climate investment strategy.

India’s thriving startup ecosystem is rapidly gaining global recognition, home to over 31,000 tech startups and 91 unicorns. This weekend, the innovative potential of the nation’s young entrepreneurs will be on full display at Silicon 24 India s first fully remote hackathon focused on catalysing artificial intelligence solutions.

The event showcased a number of forward-thinking startups run by bright young people from all around the nation. As per IIM Kashipur, A total of Rs 14.6 crores has been disbursed to startups under startup support schemes, out of which Rs 1.35 crores have been sanctioned to 13 Agri focused startups in 2324 by the RKVY RAFTAAR RABI scheme by the Ministry of Agriculture and Farmers Welfare and Rs 2.89 crores have been sanctioned to 13 startups under Startup India Seed Fund Scheme.

The event showcased a number of forward-thinking startups run by bright young people from all around the nation. As per IIM Kashipur, A total of Rs 14.6 crores has been disbursed to startups under startup support schemes, out of which Rs 1.35 crores have been sanctioned to 13 Agri focused startups in 2324 by the RKVY RAFTAAR RABI scheme by the Ministry of Agriculture and Farmers Welfare and Rs 2.89 crores have been sanctioned to 13 startups under Startup India Seed Fund Scheme.

IIM Bangalore incubator floats accelerator fund for deeptech startups The Nadathur S. Raghavan Centre for Entrepreneurial Learning (NSRCEL), the startup incubator of IIM Bangalore, said Monday it has floated a DeepTech focused preseed startup accelerator fund.

As Budget 2024 looms on the horizon, India s vibrant fintech and startup investor community is eagerly anticipating key measures from the government that could provide a significant boost to the startup ecosystem. In the countdown to the budget announcement, industry leaders are vocalizing their expectations and aspirations for the upcoming fiscal year.

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