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Genrobotics, a Kerala based startup acclaimed for leveraging technology for social change, has been adjudged among top three Artificial Intelligence (AI) startups of India at the Global Partnership on Artificial Intelligence (GPAI) Summit 2023 organised by the Ministry of Electronics and Information Technology in New Delhi.

Ashok Jhunjhunwala, Institute Professor at IIT Madras and President of IITM Research Park, IITM Incubation Cell, and RTBI, on Saturday, December 16, emphasised the need for providing the right guidance to young graduates in India to unlock their potential and drive innovation in the startup ecosystem.

The Hemant Soren government on Thursday notified its new startup policy aiming to create a startup ecosystem and establish at least 1,000 companies in the mineral rich state by 2028 The policy will replace the state s old policy of 2016 and is being implemented with immediate effect for five years, a gazette notification signed by the special secretary to CM, Vipra Bhal, read

Stuck on starting line, startup policy in a fix The Chandigarh Startup Policy, which has been in the works for over five years, is still awaiting final approval. The selection and disbursement of the policy corpus of Rs 10 crore to startups is currently a contentious issue.

Collaborations with global startups in related sectors are also happening. RIC2D showcased its projects, emphasising their commercialisation potential through partnerships with Grapheal and NanoGrafen during the Graphene Flagship Week in September this year.

Bhatia said he will also launch a seed funding platform, which will enable young entrepreneurs raise funds for their innovative ideas and create startups.

IIT Madras Centre for Research on Startups and Risk Financing s ( CREST ) has launched Indian startup ecosystem and investors platform at the international confluence conference The platform contains comprehensive information on about 1,96,000 startups, 10,800 angel investors, 4,800 VCs, 965 incubators, 102 government schemes for startups, and 560 institutions for loan funding, making it the most comprehensive platform for startups and investors

India has the third largest startup ecosystem in the world and Kerala has immensely contributed with the number of startups in it, Union Minister Nirmala Sitharaman on Saturday at an event here. Speaking at the graduation ceremony of Fatima Mata National College here, Sitharaman said Kerala has also contributed immensely towards India s fintech industry too.

The OpenAI Startup Fund has announced the initiation of Converge 2, the second cohort of its esteemed six week programme. Founded on the premise that emerging powerful AI systems will herald a transformative wave of startups and that these enterprises will be pivotal in augmenting human ingenuity, the OpenAI Startup Fund aims to push the boundaries of applied AI in key domains.

Edtech was once the most sizzling business in town especially when education moved online during the pandemic. But funding for these startups has plunged by nearly half of what it was in 2021. Thanks to EdTeches like Byju s whose prowess of being in the news for all the wrong reasons shook the trust of venture capitalists!