News

India s BioEconomy has grown eight times in the last eight years from $10 billion to $80 billion. In the coming times, biotechnology will become the biggest foundation for health treatment. This was stated by Dr Mansukh Mandaviya, Union Minister for Health & Family Welfare as he virtually addressed the preevent summit Biotechnology: The Path of Innovation & Wellness for Viksit Bharat in the presence of Bhupendra Patel, Chief Minister, Gujarat at Vigyan Bhavan, Science City, Ahmedabad, Gujarat.

The Centre for Knowledge Sovereignty (CKS) and Esri India Technologies Pvt Ltd have collaboratively initiated the Master Mentors GeoEnabling Indian Scholars (MMGEIS) program, aiming to position India as a global hub for geospatial technology skills and innovation.

As the Corona period started ending, strong funding was seen in the startup world. By the year 2023, the phase of funding winter started and this year only 2 startups could become Unicorns. Let us know which were the top10 startups that received funding in the year 2023.

The Indian startup ecosystem experienced a significant downturn in funding activity throughout 2023 as conditions across both public and private markets deteriorated sharply. According to data from research firm Tracxn, total equity investment into Indian startups fell a massive 73% yearonyear to just $7 billion.

A startup incubated at the Advanced Biotech Innovation Centre for Aquamarine (ABICAM) of the College of Fisheries here, a premier fisheries education and research institute, has successfully launched SalmoRid , a revolutionary phage-based food processing aid.

Singaporean homegrown startup brands, GINLEE Studios, Fawn Labs , and Sage & Ylang are bullish on expanding their presence in the Indian market. Gin Lee , founder of GINLEE Studios in an interaction with ETRetail said, we are very keen to explore different forms of fabrics in India, interact with the audience and learn their preferences in fashion.

Minister of State for Home Harsh Sanghavi Monday invited startups to set up their sports goods manufacturing units in Gujarat and assured the government would do whatever possible to help them and the state become a “sports manufacturing hub”.

In order to encourage innovation and design thinking in students at schools, the Anuchintan programme was organised at the Odisha Startup Carnival 2023 in Bhubaneswar on Monday. An initiative of AICNalanda, the programme announced collaboration with 100 schools under the New Life Education Trust (Sri Aurobindo Integral Schools).