Startup Ecosystem News - Latest Updates & Headlines
India headed to become $30-35 trillion economy in next two decades: Piyush Goyal
New Delhi, Feb 16: Minister of Commerce and Industry Piyush Goyal on Sunday said that India is well on track to become a $30-35 trillion economy in the next two decades propelled by the country's focus on innovation, entrepreneurship, and inclusive growth.
Shashi Tharoor urges critics to read his article on Kerala startups' growth before commenting
Thiruvananthapuram, Feb 16: Congress Working Committee member and Thiruvananthapuram MP, Shashi Tharoor, has responded to criticism from within his party regarding his recent article in an English newspaper highlighting Kerala's progress in the startup sector.
Private investments' deal activity hits $60 billion across 1,595 deals in India
Mumbai, Feb 13: India’s private investments’ deal activity scaled to new heights last year with $60 billion invested across 1,595 deals, according to a report on Thursday.
Manthan, the flagship annual defence innovation event, held at Aero India in Bengaluru
Bengaluru, February 12: Manthan 2025, the flagship annual defence innovation event, was held in Bengaluru on Wednesday as part of Aero India 2025, according to a release by the Ministry of Defence.
India, France sign 10 pacts in fields of technology, nuclear energy and innovation
Paris/New Delhi, Feb 12: Underlining their commitment to take the bilateral economic ties to new highs, especially in the fields of technology, nuclear energy and innovation, India and France have signed 10 MoUs/agreements during Prime Minister Narendra Modi's historic visit, it was announced on Wednesday.
India's AI breakthrough: Powering future with affordable innovation
New Delhi, Feb 11: India is witnessing a transformative revolution in Artificial Intelligence (AI) under the visionary leadership of Prime Minister Narendra Modi.
Employability of India's graduates has shot up to 54.8 pc from 33.9 pc in last 10 years: Mandaviya
Gandhinagar, Feb 9: The employability of India's graduates has shot up from 33.95 per cent in 2013 to 54.81 per cent in 2024 driven by various skill-building initiatives launched by the government, Union Sports and Youth Affairs Minister Mansukh Mandaviya has said.
Invest Karnataka 2025 Global Investors Meet set to propel state's industrial growth
Bengaluru, February 8: Bengaluru is gearing up for the Invest Karnataka 2025 - Global Investors Meet (GIM-2025), a flagship event poised to bolster the state's industrial landscape.
Bihar Industry Dept & SIDBI sign agreement to provide financial aid to startups
Patnam, Feb 8: The Bihar Industry Department has entered into an agreement with the Small Industries Development Bank of India (SIDBI) to boost financial support for startups in the state.
Step Dubai 2025 to begin February 19
Dubai, February 8: Step Dubai 2025, the MENA region's leading tech event, returns for its 13th edition on February 19-20 in partnership with Dubai Internet City. The event will host over 8,000 attendees, 200 speakers, and a USD 9 billion fund presence.
Indian start-ups will showcase their innovations in India Energy Week
New Delhi, February 6: Indian Start-ups will showcase their innovations to over 70,000 energy professionals from 120 countries in the India Energy Week (IEW) Scheduled to be held on February 11-14 at Yashobhoomi, Delhi.
RS MP Satnam Singh Sandhu hails Union Budget for 2025-26 as 'people's budget'
New Delhi/Chandigarh, Feb 1: Rajya Sabha MP and Chandigarh University Chancellor Satnam Singh Sandhu on Saturday hailed the Union Budget 2025-26 as 'people’s budget’ and described it as an important milestone in the country's journey towards all-round development, fulfilling the dream of every citizen.
Assam govt to establish new department to promote startups
Guwahati, Feb 1: The Assam government has decided to establish a new department to promote startup businesses in the state, Chief Minister Himanta Biswa Sarma announced on Friday.
Odisha govt plans to set up exclusive industrial park to support women entrepreneurs
Bhubaneswar, Jan 29: The Odisha government has decided to set up an exclusive industrial park to support and encourage women entrepreneurs in the state.
Ministry of MSME, ONDC launch Rs 277 crore initiative to empower 5 lakh small businesses
New Delhi, Jan 28: In an effort to empower micro, small and medium enterprises (MSMEs), the government on Tuesday launched the MSME Trade Enablement and Marketing (TEAM) initiative with a budget outlay of Rs 277.35 crore over three years.
IIT Delhi Releases 'Research Impact Report' to mark 67th Foundation Day
New Delhi, January 27: IIT Delhi released its 'Research Impact Report' on the occasion of its 67th Foundation Day on Monday. The report talks about the Institute's contribution to nation-building through various research and innovations in the last seven years by IIT Delhi faculty and students, according to the press release.
Gujarat aims to lead India's $957 million AI market, sets up centre in GIFT City
Gandhinagar, Jan 27: Gujarat government launched the Artificial Intelligence (AI) Center of Excellence at Gujarat’s GIFT City, positioning it as a key think tank for AI innovation in the state.
Hari Shankar Singhania School of Business hosts first founder's meet in collaboration with AIC JKLU
Jaipur, January 26: Hari Shankar Singhania School of Business (HSB) in collaboration with AIC JKLU successfully organized the first edition of the annual Founder's Meet this weekend in Jaipur, bringing together startup founders and business pioneers to foster collaboration and drive innovation. The event featured a roundtable discussion on "Scaling Talent and Innovation: Overcoming Challenges in Building Resilient Startup Ecosystems," which facilitated meaningful dialogues between academia and the business community.
Indian venture capitalists call for sector-specific funds, AIF support for non-tech MSMEs, and tax breaks in 2025 budget
New Delhi, January 25: As the Union Budget 2025-26 approaches, several industry leaders have voiced their expectations for continued support, particularly in areas like venture capital funding, MSME growth, and emerging technologies such as AI and robotics.
India poised to lead world with transformative technologies: Jitendra Singh
New Delhi, Jan 25: India is poised to lead the world with transformative technologies, said Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology.
J-K LG inaugurates 'BRICS Youth Council Entrepreneurship Run-up Event' at IIM Jammu
Srinagar, January 24: Jammu and Kashmir Lieutenant Governor Manoj Sinha on Friday inaugurated the Brazil, Russia, India, and China (BRICS) Youth Council Entrepreneurship Run-up Event at IIM Jammu, showcasing the UT's strides in fostering innovation, entrepreneurship, and youth empowerment.
J&K LG inaugurates 'BRICS Youth Council Entrepreneurship Run-up Event'
Jammu, Jan 24: Jammu and Kashmir (J&K) Lieutenant Governor (LG), Manoj Sinha on Friday inaugurated the 'BRICS Youth Council Entrepreneurship Run-up Event' at the Indian Institute of Management (IIM) in Jammu.
Assam CM meets Japan's Parliamentary Vice Minister for Foreign Affairs, discusses opportunities for youth
Tokyo, January 24: Assam Chief Minister Himanta Biswa Sarma on Friday met with Japan's Parliamentary Vice Minister for Foreign Affairs Akiko Ikuina and discussed opportunities in Japan for Indians, particularly Assam's youth.
Assam CM Himanta meets top Japanese officials, discusses strengthening Assam-Japan ties
Tokyo, January 24: Assam Chief Minister, during his ongoing visit to Assam, held multiple engagements with top Japanese officials, discussing the strengthening of Assam-Japan ties and inviting more investment into his state.
India one of the world's fastest-growing economies, global hub for startups: WEF report
New Delhi, Jan 20: India stands at the forefront as one of the world's fastest-growing economies and a global hub for startups and digital innovation, a World Economic Forum (WEF) report said on Monday.
Most Israeli hi-tech companies see capital shortage due to war: survey
Tel Aviv, Jan 19: A survey by the Israel Innovation Authority revealed on Sunday that 80 per cent of hi-tech companies in Israel need to raise more capital within the next six months.
Significant step towards Atmanirbhar Bharat: PM Modi on successful launch of Firefly
New Delhi, Jan 19: Prime Minister Narendra Modi on Sunday praised the successful launch of India's first private satellite constellation, 'Firefly,' by Bengaluru-based space-tech start-up Pixxel, calling it a testament to India's growing strength in space innovation.
Union Minister Piyush Goyal launches PRABHAAV Factbook, Bharat Startup Challenge on 9th Foundation Day of Startup India
New Delhi, January 16: Union Minister of Commerce and Industry, Piyush Goyal launched the 'PRABHAAV Factbook' and the 'Bharat Startup Grand challenge' on Thursday, while celebrating the 9 Years of Startup India today in New Delhi.
1.59 lakh startups, 16.6 lakh jobs make India world's 3rd largest ecosystem: Centre
New Delhi, Jan 15: With more than 1.59 lakh startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) as of January 15, India has firmly established itself as the third-largest startup ecosystem in the world, the government said on Wednesday.
WeWork India clocks nearly Rs 131 crore loss in FY24, expenses up by 19 pc
New Delhi, Jan 13: Flexible co-working space provider WeWork India suffered a loss of about Rs 130.8 crore in FY24, down from Rs 144.5 crore in FY23.
UAE's tech industry set to achieve record growth in 2025
Abu Dhabi, January 11: The UAE's technology industry is set to achieve record growth in 2025, driven by significant expansion in digital innovation and the adoption of cutting-edge technologies. This growth further solidifies the UAE's stature as a global hub for innovation and an international beacon for tech companies.
Investments in startups rose from $8 bn to $115 bn in last 9 years in India: Govt
New Delhi, Jan 11: The total number of registered startups in India have surged to 1,57,066 from around 400 in 2016, when the 'Startup India' initiative was launched, with investment in these new ventures jumping to $115 billion, from $8 billion in this nine-year period, according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT).
Who is Nikhil Kamath, co-founder of Zerodha
New Delhi, Jan 10: Zerodha co-founder Nikhil Kamath, who has featured Prime Minister Narendra Modi in his latest podcast, is an Indian entrepreneur with a net worth of $3.1 billion on 2024 Forbes World Billionaires List.
India will have startups in every district by 2025: DPIIT
New Delhi, January 10: The Department for Promotion of Industry and Internal Trade (DPIIT) has announced its ambitious vision to establish startups in every district of the country by the end of 2025.
Private equity investments in India surge to $15 billion in 2024, a 46.2 pc growth
New Delhi, Jan 8: Driven by sectors such as healthcare and pharmaceuticals, consumer-related industries and technology -- amid stable political scenario and favourable policy environment -- private equity (PE) investments in India surged to $15 billion in 2024, marking a 46.2 per cent increase from the previous year, according to a report on Wednesday.
Microsoft, SaaSBoomi to help create over 2 lakh job opportunities in India in next 5 years
Bengaluru, Jan 7: Microsoft on Tuesday announced to help create over 200,000 new job opportunities in the next 5 years and drive an additional $1.5 billion in venture capital funding for the Indian AI and software-as-as-service (SaaS) ecosystem.
DPIIT partners with Start-up Policy Forum to boost entrepreneurial ecosystem
New Delhi, January 3: The Department for Promotion of Industry and Internal Trade (DPIIT) entered into a partnership with the Startup Policy Forum (SPF), among key industry organisations representing India's leading new-age companies.