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Here is why you should invest in cybersecurity startups in 2023 Significant developments in IT over the past few years have resulted in a corresponding rise in cybersecurity threats. The good news is that cybersecurity businesses are still coming up with novel ways to mitigate those risks, even in the face of a downturn in venture capital investment and an economic recession.

Innovation Incubation Space, a central meeting point for both investors and startups, facilitating inperson and virtual interactions with mentors, under Investment and Development Authority of Nagaland (IDAN), as investment facilitator, was inaugurated in Kohima on Monday.

The Innovation & Incubation Space, Kohima HuB was inaugurated at the Capital Convention Center by Mission Director AIM (NITI AaYOG), Dr Chintan Vaishnav on December 4. He emphasised Nagaland s entrepreneurial spirit and expressed optimism that with the right guidance, the newly launched space would serve as a catalyst for startups in the region, stated a DIPR report.

Maharashtra leads the way with a cumulative base of 1162 biotech startups in 2022, experiencing a growth of 20% The India Bioeconomy Report 2023, developed by the Association of Biotechnology Led Enterprises (ABLE), was unveiled by Union Minister of State (Independent Charge) Science & Technology Dr Jitendra Singh during the 3rd Global BioIndia, a mega international congregation on biotechnology, at Bharat Mandapam, Pragati Maidan in New Delhi, on 4rth December.

Crayon Software Experts India (Crayon), a global leader in digital transformation services, today announced the launch of an Independent Software Vendor (ISV) Incubation Center in Bengaluru. The center, Crayon s first such in India, is established in collaboration with Amazon Web Services India Private Limited (AWS India) and will support India based ISVs and startups to develop cloud based digital solutions for public sector application areas like agriculture, healthcare, utilities, and smart infrastructure and edtech.

ALLEN s acquisition of an edtech startup comes at a time when some of the country s most valued eLearning companies from BYJU s and Unacademy to Cuemathare rushing to set up offline coaching institutes. Founded by Rajesh Maheshwari in 1988, the Kota based ALLEN claims to have offered coaching for entrance tests such as NEET , AIIMS, JEE Main, and JEE Advanced for as many as 28 lakh students since inception. It currently has a Pan India base with more than 200 classroom centres in 53 cities.

Algorand s expanded partnership with THub, one of Asia s largest tech incubators, includes the launch of the Algorand Startup Labs at THub. This 12month program aims to accelerate the growth of high performing Indian Web3 startups building on the Algorand blockchain. THub will provide crucial support to 20 Web3 startups, including the finalists of the pitch competition, throughout the stages of product readiness, market preparation, investor engagement, and eventual mainnet launch.