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Hundreds of startups and small businesses offer services and technologies aimed at improving forest management, forest fire detection and response, and various wildfire and forest fire services. AiDash uses artificial intelligence to search satellite photos for faults and changes along power utility electric transmission lines, such as where vegetation has grown and whether trees are encroaching on the lines.

While applauding the commendable efforts of the current government in fostering the startup culture in India, it is imperative to underscore the need for focused attention on the healthcare sector in the upcoming Union Budget. The healthtech sector, a critical player in the nation’s wellbeing, witnessed a significant drop of approximately 55 per cent in funding in 2023.

The Kerala Startup Mission (KSUM) announced plans to establish an Emerging Technology Hub at Technocity in Thiruvananthapuram with an investment of Rs 1,500 crore. This initiative aims to foster the growth of deeptech startups in the state.

Today, J&K creates a new record by distributing sanction letters to set up new units and startups that will fulfil the dreams of youth and their aspiration of being job creators and not job seekers, the Lt Governor said. This momentous occasion also marks a significant leap forward in transforming UT s economic landscape, he added.

Over half, or 44 per cent of investors are investing in startups in Tier 2 and 3 cites, as per a report. Underlining interest in the potential of emerging markets, a report by management consulting platform Primus Partners surveyed startups in 30 domains including food, agriculture as well as information technology and deep or emerging technologies sectors.

In the last ten years, India has witnessed an unprecedented surge in the creation and funding of startups. The country has solidified its position as a major global center for innovation and entrepreneurship with a rise in the number of tech companies in India to 122k to date, with a peak in 2020, witnessing more than 16K new additions.

Google cited the importance of these small companies to grow in the tech space, saying that $4 million will be invested in Israeli AI firms, while the rest $4 million will be used as funding for early-stage Palestinian startups and businesses. Stay tuned for all the latest updates on Ram Mandir! Click here

Europe s startups will get easier access to artificial intelligence dedicated supercomputers to help them develop general purpose AI models as part of a new one stop shop to boost take up of the technology, the European Commission said on Wednesday.

Equirus floats early-stage fund to back tech startups Premium Sadhika Agarwal, Equirus Financial services firm Equirus, which offers investment banking, wealth management and portfolio management services, has set up a fund to invest in early-stage startups.