Startup
- India
Govt to abolish angel tax on investments in startups
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced abolishing angel tax for all classes of investors in startups. In her Budget speech, she also announced various changes with respect to tax…
- Technology
India has 3,600 deeptech startups, ranks sixth globally: Nasscom
New Delhi: India now ranks sixth among the top nine deeptech ecosystems globally with 3,600 such startups, which received $850 million funding last year, a Nasscom report said on Thursday. From 3,600…
- Business
IIT Madras’ startup Agnikul launches world’s 1st rocket with fully 3D-printed engine
Chennai: Agnikul Cosmos, a start-up incubated at the IIT Madras, on Thursday launched the world’s first rocket with a single-piece three-dimensional (3D) printed engine. The rocket Agnibaan SOrTeD (SubOrbital Technological Demonstrator) is…
- India
We can become ‘Viksit Bharat’ even before 2047 with robust startup ecosystem: Puri
New Delhi: Riding on the overall economic growth across the spectrum, especially in the vibrant startup and unicorn ecosystem, India can achieve the ‘Viksit Bharat’ status even before 2047, Union Minister Hardeep…
- Business
Indian startup Mindgrove unveils 1st indigenous high-performance chip
New Delhi: As India begins its chip-making journey, fabless semiconductor startup Mindgrove Technologies, on Monday, said that it has launched the country’s first commercial, high-performance SoC (system on chip). Called ‘Secure IoT,’…
- Business
Indian AI startup Neysa raises $20 mn to boost GenAI adoption
Mumbai: AI cloud and platform-as-a-service (PaaS) startup Neysa on Wednesday said it has raised $20 million (nearly Rs 166 crore) led by Matrix Partners India, Nexus Venture Partners and NTTVC investment firms.…
- Business
GenAI startup Vodex raises $2 mn to scale global expansion
New Delhi: Homegrown GenAI startup Vodex on Wednesday said it has raised $2 million in a seed round from Unicorn India Ventures, and Pentathlon Ventures. The funds raised will be used for…
- Business
Tin Men Capital leads $2.7 mn investment in AI startup Ailytics
New Delhi: Venture capital firm Tin Men Capital, co-founded by Jeremy Tan and Murli Ravi, has led a $2.7 million investment in Ailytics, a Singapore-based B2B heavy industry software startup, it said…
- Business
Climate-tech startup BNZ Green raises funds to drive low-carbon economy
New Delhi: Blockchain-based climate-tech startup BNZ Green on Monday said it has secured pre-seed funds worth $100,000 from Climate Detox and others. The funds will be utilised primarily for platform development and…
- Business
ONDC wins ‘Start-up of the Year’ award at 14th India Digital Awards
New Delhi: The Open Network for Digital Commerce (ONDC) on Thursday said that it has been awarded the “Start-up of the Year” at the 14th India Digital Awards. The award recognised ONDC’s…
- Business
Healthtech startup Zeno Health raises $25 mn
Mumbai: Healthtech platform Zeno Health on Tuesday said it has raised $25 million in its Series C funding round led by Korean private equity investor STIC Investments. Existing Zeno Health investor Lightbox…
- Technology
Fittr unveils smart ring in India to monitor health vitals
New Delhi: Fitness-tech startup Fittr on Wednesday announced the launch of its FITTR HART smart ring that is designed to improve health and performance monitoring. Priced at Rs 18,999, the smart ring…
- Technology
Algorand, T-Hub to introduce Web3 startup lab programme
AlgoBharat, an initiative by the Algorand Foundation for India, has partnered with T-Hub, the Telangana government incubator, to introduce the Algorand Startup Lab programme. This year-long initiative aims to support twenty Web3…
- Hyderabad
Hyderabad: Startup developed at MS Academy incubator replaces 5M plastic bags
Hyderabad: City based biotechnology startup BioReform, incubated at EdVenture Park – an MS Education Academy initiative, has successfully replaced 5 million plastic bags over the past two years. Founded by Azhar Mohiuddin,…