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As our world s agricultural industry continues to evolve at a rapid pace, the importance of sustainability has taken center stage, ushering in a new era of innovative solutions. At the forefront of this transformative movement are startups in the agritech sector, serving as trailblazers for a more sustainable and resilient future of food production.

The Young Turk Startup of the Year at CNBCTV18 IBLA 2023 was awarded to BluSmart . This startup is transforming urban mobility by electrifying its fleet and fundamentally altering the way people move. Founded just four years ago, BluSmart has completed over 10 million rides, covering a distance of 325 million kilometres and saving more than 21,000 tonnes of CO2 emissions. Racing towards a greener future, the company aims to double its fleet to 10,000 electric cars by March 2024.

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu had launched the Rajiv Gandhi Self-employment Startup Scheme some time ago. Under its first phase, unemployed youth above 23 years of age are being given unsecured loan for purchasing etaxi and ebus and 50 percent subsidy is also being given.

Fintech startup ZestMoney to shut shop, layoff 150 employees Homegrown digital EMI financing platform ZestMoney, backed by Goldman Sachs, is shutting down operations after several unsuccessful attempts to find a buyer. The BNPL s leadership informed the employees in a townhall meeting about the decision to shut down, saying it will let go of the remaining 150 employees. The company will only retain a skeletal legal and finance team to see through the shutdown.

SenseAI Ventures, a frontrunner in the AI investment landscape, on December 6, announced the launch of the SenseAI Fund I. It is a Rs 200crore initiative dedicated to fostering India s AI startup ecosystem. SenseAI Fund I is poised to invest in 1820 AI first startups, focusing on seed/preA stage companies. The fund also plans to make follow on investments in its most promising portfolio companies.

WSO2, an API management, integration, and customer identity and access management (CIAM) services provider, has partnered with Microsoft to streamline cloud native application development for Indian startups on Microsoft Azure using Choreo. Choreo, WSO2 s cloud native internal developer platform on Azure, provides startups access to essential tools, reducing both the time and costs associated with development.

Adani Stocks Zoom up to 20% in Best Singleday Show Adani Group stocks surged on Tuesday, adding 1 93 lakh crore to market capitalization and marking their best single day market performance, following a report by Bloomberg that quoted an unnamed official of the US International Development Finance Corp (DFC) as saying that the allegations by Hindenburg Research were not relevant

Karnataka ITBT minister Priyank Kharge said the initiative aligns with the government s policy to foster innovation and collaboration opportunities for startups Karnataka government on December 6 invited startups, urging them to offer technological products and solutions for different government departments.