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India has emerged as the 3rd largest ecosystem for startups globally with over 1,12,718 DPIITrecognized startups across 763 districts of the country as of 03rd October 2023. India ranks #2nd in innovation quality with top positions in the quality of scientific publications and the quality of its universities among middle-income economies.

The company will run its business on Google Cloud, empowering employees with enterprise grade AI tools to reshape eCommerce logistics and achieve productivity gains. See what’s happening in Southeast Asia s IT sector right now Explore and discuss challenges & trends in India s leading B2B events Explore and discuss challenges & trends in India s leading B2B events.

The Startup Conclaves Mega Investor Startup Meet provided emerging startups with the opportunity to participate in a Live Pitch program, offering onthespot funding of up to USD 500k. More than 500 startups in fields such as DeepTech, Fintech, AI, and Agritech registered for demos and live pitching sessions to engage with investors.

In 2020, every new age tech startup you read about, especially within edtech, championed the online model. A copious funding flow and rapid internet adoption amid the COVID19 pandemic, fuelled this ecosystem, helping education go almost completely online for nearly two years.

The pace at which industries are evolving in recent times is nothing short of breathtaking. Technological innovations, global shifts, and the ever-growing demand for cutting-edge solutions have given rise to a new era, one where adaptability and innovation are the keys to success.

Startup conclave to be organised in Gandhinagar on December 7 A startup conclave will be organised in Gandhinagar on December 7 in the runup to the Vibrant Gujarat Global Summit 2024. The conclave will be attended by representatives of unicorns, venture capitalists and leading businessmen.

Chhattisgarh based mental healthtech startup BetterSpace has raised 4.5 million in its maiden preseed funding round led by prominent startup community builder and accelerator PedalStart. Before this, the startup had remained majorly bootstrapped.

In the ever-evolving realm of technology, machine learning stands as a formidable catalyst for groundbreaking innovations. The potential for machine learning startups to yield remarkable returns has never been more promising, particularly as we approach the year 2024. From tackling intricate problems to revolutionizing entire industries, the landscape is rife with opportunities.

In India, startup funding has declined to a five-year low figure in 2023 $7 billion as compared to $25 billion received in the previous year, a nearly 73% decline from funding recorded in 2022 amid a worsening global macroeconomic environment tossed by geopolitical tensions.

India will launch an AI Mission that would work to bring compute power in the hands of startups and innovators in the country so that they can tackle problems in areas like healthcare, agriculture and education, Prime Minister Narendra Modi announced on December 12.