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Fund of Funds for Startups (FFS), a key component of the Startup India Action Plan launched by Prime Minister Narendra Modi in 2016, is one of the flagship programs of DPIIT, Government of India, and has proven to be a game changing intervention of Government of India in country s Startup Ecosystem.

In the recent episode of Shark Tank India season 3, Aman Gupta rejected a startup pitch which was even praised by Prime Minister Narendra Modi. We saw the founders of a startup named Daak Room pitching their company. They explained that Daak Room promotes physical writing through their campaigns and products. They then asked for Rs 36 lakh equity in return for a 4 per cent stake in their company.

The non-profit research organization OpenAI, which focuses on safe and useful artificial intelligence, has accomplished a significant milestone. The Financial Times, citing people familiar with the company’s financial records, stated that by December 2023, OpenAI will have generated $2 billion in annualized income.

Odisha has set an ambitious goal of fostering 100 startups with a turnover of 100 crore each by 2036, coinciding with the state’s centenary year. This vision was shared by Union Education Minister Dharmendra Pradhan during a fireside chat at the 100 Cube Startup Conclave held at the Indian Institute of Technology (IIT) Bhubaneswar.

Nothing, CoFounder, Akis Evangelidis Talks About Journey of Nothing and Redefining Tech Innovation ET Now Global Business Summit 2024: Building innovative global brands through the power of community Akis Evangelidis, CoFounder, Nothing In conversation with Vikram Oza, Media Consultant, Presenter, and News Anchor, ET NOW

Nadella also said that Microsoft will expand its Code; Without Barriers program to India this month, as the company aims to democratize access to tech skills nationwide. The program was launched in 2021 across nine Asia Pacific (APAC) countries to help close the gender gap in the region s fastgrowing cloud, AI, and digital technology sectors.

India s existing body care market is poised towards fragrance or moisturisation led products which are proven to be less effective on a vast range of complex body care issues of Indian women. After witnessing the lack of confidence in their female colleagues at a farewell party due to tanned skin, dark underarms, strawberry skin etc., Indian Institute of Technology (IIT) Delhi startup Sanfe founders Archit Agarwal and Harry Sehrawat decided to address this issue.