Startup Ecosystem News - Latest Updates & Headlines
Creators must take the India story to the world, says Piyush Goyal
New Delhi, March 13: Union Minister of Commerce & Industry Piyush Goyal on Thursday urged the creative industry to take India's story to the world and contribute further to its economic growth.
Goa CM Sawant introduces new programs to develop state into entrepreneur hub
Panaji, March 13: Chief Minister Pramod Sawant on Thursday emphasised Goa's vision of becoming a leading entrepreneurship hub in the country through a series of innovative programs, said an official release.
Indian biotech startups grew from 50 in 2014 to 8,531 in 2023: Jitendra Singh
New Delhi, March 12: The number of biotech startups in the country has grown from 50 in 2014 to 8,531 in 2023, said Jitendra Singh, Minister of State (Independent Charge) for Ministry of Science and Technology on Wednesday.
India to become world's largest Web3 developer hub by 2028: Report
Bengaluru, March 11: India is rapidly emerging as a global leader in the Web3 space and is expected to become the world's largest Web3 developer hub by 2028, according to a report on Tuesday.
Efforts to empower poor and middle class: Assam CM Sarma
Guwahati, March 10: Assam Chief Minister Himanta Biswa Sarma on Monday said that the state government is continuing to empower the poor and the middle class, adding that they have to make Assam one of the leading states of our country.
30 startups secure over $355 million in funding this week, up 335 pc
New Delhi, March 8: At least 30 startups secured more than $355 million this week, which included three growth-stage and 20 early-stage deals.
India 2nd after US in all time funding for women-run tech startups
Bengaluru, March 7: The Indian tech startup ecosystem now ranks second, after the US, in terms of all-time funding raised by companies with women founders, with a total of $26 billion in this space to date, a report showed on Friday.
India bets big on developing indigenous AI, empowering local innovation
New Delhi, March 7: As artificial intelligence (AI) becomes all-pervasive in our lives, the government has launched several key initiatives under the IndiaAI Mission, marking a major milestone in India's journey towards developing responsible and ethical technology.
India's digital economy grows 10 times, races towards $1 trillion mark
Bengaluru, March 7: India's digital economy has grown 10 times, racing towards the $1 trillion mark amid an evolving IPO market which accounted for over 30 per cent of global listings last year, a report showed on Friday.
Union Budget paves way for stronger workforce, education system going through huge transformation: PM Modi
New Delhi, March 6: Noting that this year's Union Budget paves the way for a stronger workforce and a growing economy, Prime Minister Narendra Modi on Wednesday said that the country's education system is going through a massive transformation.
Rs 20,000 cr Budget allocation to help make India a global innovation hub: Minister
New Delhi, March 5: India achieved third rank globally in the startup ecosystem in the last decade, reaffirming the government's commitment to making India a global innovation hub, Union Minister of State (Independent Charge) for Science and Technology, Dr Jitendra Singh, said on Wednesday.
Indian startups raise over Rs 13,800 crore in Feb, AI funding grows
New Delhi, March 4: Indian startups raised a total of nearly Rs 13,800 crore ($1.65 billion) in February this year, a 19.5 per cent increase from nearly Rs 11,460 crore ($1.38 billion) in January, according to a new report.
India's tech strides propelling into era of digital leadership: Union Minister
New Delhi, March 3: India's remarkable strides in technology and telecommunications sectors are propelling into a new era of digital leadership and economic prosperity, said Minister for Communications and Development in North-East Region, Jyotiraditya M. Scindia, on Monday.
Union govt promoting grassroots innovators for first time in India: Union Minister Jitendra Singh
Gandhinagar, March 2: The union government is promoting and acknowledging grassroots innovators for the first time in India, said Union Minister Dr. Jitendra Singh on Sunday while addressing the silver jubilee celebration of the National Innovation Foundation (NIF).
Centre boosting grassroots innovators for first time in India: Jitendra Singh
New Delhi, March 2: The PM Narendra Modi government is promoting and acknowledging grassroots innovators for the first time in India, Union Minister Dr Jitendra Singh said on Sunday.
Government e-Marketplace enables startups fulfil orders worth Rs 35,950 crore
New Delhi, March 2: In alignment with the societal development of the nation, the government e-Marketplace (GeM) has enabled startups to fulfil orders worth Rs 35,950 crore, it was announced on Sunday.
India is becoming land of infinite innovations: PM Modi
New Delhi, March 1: Prime Minister Narendra Modi on Saturday said that the land that gave the world the concept of zero, is now becoming the land of infinite innovations, adding that India was not only innovating but also "Indovating," meaning innovating the Indian way.
Technology is the pillar for a trillion-dollar economy, CM Fadnavis
Mumbai, Feb 28: Maharashtra Chief Minister Devendra Fadnavis said on Friday that technology is the main pillar for development especially when the state government has set an ambitious target of $1 trillion economy.
India clocks 9.9 pc global share of VC deals for startups in January, pips China
New Delhi, Feb 27: In a remarkable feat, the venture capital (VC) funding landscape for startups in India surged by 69.7 per cent (year-on-year) to $883.2 million (by value) in January, according to a new report.
Defence Minister asks IIT-Mandi students to boost R&D
New Delhi, Feb 24: Urging IIT-Mandi students to take a lead in R&D, Defence Minister Rajnath Singh said on Monday that India's technological sector is on the rise and is expected to reach $300-350 billion in the next five years.
Necessary to make Indigenous AI chips for defense, Union Minister Rajnath Singh
Mandi, February 24: Union Defence Minister Rajnath Singh emphasised the necessity to make Indigenous AI chips for defence and firewalls to ensure the cyber security of the nation.
22 Indian startups raise over $184 million in funding this week
New Delhi, Feb 22: At least 22 Indian startups raised more than $184 million in funding this week, which included 10 growth-stage deals and 12 early-stage rounds.
Govt to play facilitator, catalyst for investors: CM Vijayan at Invest Kerala Global Summit
Kochi, Feb 21: Chief Minister Pinarayi Vijayan on Friday while addressing global investors and dignitaries at a two-day Invest Kerala Global Summit (IKGS) -2025, said the state’s investment scenario was on the cusp of history as all are witnessing progress and change for the better in the investment arena.
MP sets new policies to boost MSMEs, Start-ups and more
Bhopal, Feb 18: The Madhya Pradesh government has rolled out a series of innovative policies aimed at promoting Micro, Small, and Medium Enterprises (MSMEs) and invigorating other key sectors.
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.