Bikhchandani stated, "The approval of Startup India Fund of Funds 2.0 is a transformative step for India's entrepreneurial landscape. With a ₹10,000 crore corpus dedicated to mobilising patient domestic capital, the initiative will capitalise deep tech breakthroughs, strengthen innovative ma
The Union Cabinet has approved a new Rs 10,000 crore fund to help Indian startups find the investment they need to grow. Known as the Startup India Fund of Funds 2.0, the money will specifically target deep tech, advanced manufacturing, and founders who are just starting out. The goal is to
In a post on X, he wrote, "President @PellegriniP_ will be part of AI Impact Summit. He will meet PM @narendramodi and other global leaders. Historic engagement will give new momentum to SK-IN relations & strengthen our partnership in innovation&responsible AI."
Mumbai (Maharashtra) [India], February 14: CANEUS International, in partnership with the Government of Maharashtra (India) recently announced plans to establish the world's first dedicated Mid-TRL (Technology Readiness Level 4-6) Institute in Mumbai Metropolitan Region (MMR). The MoU was sig
The India AI Impact Summit in New Delhi will showcase 12 Indian startups building indigenous AI foundation models under the IndiaAI Mission. Focused on multilingual, inclusive and responsible innovation, the summit highlights AI for governance, healthcare, education, and enterprise, stren
Ahmedabad (Gujarat) [India], February 13: iCreate (International Centre for Entrepreneurship and Technology), India's leading deep-tech incubator, hosted the Demo Day for the iCreate Drone Challenge (iDC), where 14 shortlisted startups presented their advanced drone prototypes and indigenous
In March 2024, the Government of India launched the IndiaAI Mission with an outlay of Rs 10,372 Cr for the development of the overall AI ecosystem in the country. In less than 24 months, the India AI Mission has set up a foundation for the development of the AI ecosystem in the country.
Its primary purpose is to: Enable landscape discovery and ecosystem mapping to identify gaps and opportunities; Support strategic partnerships across government, academia, startups, and industry; Mark the beginning of the development of the Bharat EduAI Stack, an open and interoperable ar
Earlier in the day, the minister also interacted with startups at the INDovation MedTech Innovation & Startup Showcase and felicitated the winners of the INDovation Program.
In a message to the startups, he said the world is your market, and the "world is your stage now." "I wish you the best for the wonderful work that you're doing. We'll be able to make affordability and last mile delivery India's cutting edge," he said. Praising the Indian startups, Goyal sai
Bengaluru (Karnataka) [India], February 12: Vocallabs, a Bengaluru-based deep-tech company developing foundational artificial intelligence models for Indian use cases, has been recognised as one of the Top 5 AI Startups in Karnataka by the Government of Karnataka. The recognition places the
Gurgaon (Haryana) [India], February 11: PickMyWork, a tech-enabled fintech distribution platform that helps banks and financial institutions acquire customers through a nationwide network of gig workers, has raised $500,000 in funding from Silicon Valley billionaire Tim Draper. The investmen