We appreciate the government’s recognition of the importance of a level playing field for the private sector and startups in the space industry, Anil Prakash, Director General, SatCom India Association, told PTI.
The USD 1 billion in capital will come from Sapphire s existing funds, which have USD 10 billion under management and about USD 3 billion waiting to the deployed. The majority will be a direct investment in AI startups, while some capital will also go to earlystage AIfocused venture funds through its limited partner fund.
Sapphire Ventures Aims To Invest Over Rs1bn In Enterprise AI Startups – Business World Read More »
With an initial commitment of Rs10 million, Recur Club aims to support and empower environmentally conscious startups in India, driving positive change through their innovative products and services.
Recur Club Launches Rs10mn Regreen Fund To Back India s Green Startups – Business World Read More »
A new fintech accelerator programme called inFINity for earlystage Indian startups launched on Wednesday by the online payments solutions provider PayU in collaboration with the cloud services providers Amazon Web Services (AWS) India and domestic venture capital firm Chiratae Ventures.
New accelerator programme for fintech startups in India launched – SiaSat Read More »
The autonomous nodal agency of the department of space, Indian National Space Promotion and Authorisation Centre (INSPACe), instituted in 2020, has been working on increasing private participation in the Indian space industry with some success stories already in its file.
INSPACe: Readying startups for future space odysseys – The Financial Express Read More »
The fund, set up by former chief executive of Venture Catalysts Abhimanyu Bisht and Hiraco Ventures Founder Kavit Sutariya, aims to invest in 40 startups having a valuation within Rs 100 crore each, as per a statement.
The efforts of the Indian Institute of Technology, Hyderabad (IITH), to nurture a new crop of entrepreneurs have slowly borne fruit. So far, its support has helped 130 startups generate phenomenal revenues roughly about Rs 1,200 crore.
The decision attracted strong discontent from the online gaming industry, including BharatPe co-founder Ashneer Grover. Mounting his attack on the government, he said that it was time for startup founders to enter politics and be represented.
28% GST on online gaming: Ashneer Grover s advice to startups founders – Times of India Read More »
The founders of the 100x Entrepreneur Podcast, Siddhartha Ahluwalia and Nansi Mishra have launched a startup fund that aims to raise Rs 200 crore to invest in earlystage SaaS (SoftwareasaService) startups, as reported by VCCircle.
The academy, which is also supported by the Media, Information and Communication Technologies Sector Education and Training Authority (MICTSETA) aims to revolutionise the cybersecurity landscape by empowering people with advanced skills and knowledge to combat evolving digital threats.
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