Karnataka has taken a significant leap lately to support startup ecosystem in the state with the launch of the Karnataka Acceleration Network (KAN). It is about nurturing companies and it is also a transformative attempt to decentralize innovation. It is believed to bring entrepreneurial growth beyond to various regions across the state. It aims to […]

India is moving forward in digital transformation and in a rapid pace. The demand for powerful data infrastructure is high but a structured incentive policy to boost data centre development is absent. Data centres gained infrastructure status in the Union Budget FY23 and it was a step toward reducing financial as well as operational burdens. […]

The vibrant entrepreneurial spirit of Rajasthan was on full display at the TechSparks 2024 event held lately in Bengaluru. Ten remarkable startups showcased their innovative solutions to more than 3,000 attendees. The core was iStart Rajasthan that is an initiative by the Department of Information Technology and Communication in the state. Its commitment to nurturing […]

Mumbai-based startup TedTech has emerged as a powerhouse of innovation this Diwali. It is illuminating the traditional lighting industry with a blend of technology and culture. The company was founded in April 2019 and since then has exemplified simple observation of consumer behavior with groundbreaking ideas to pave the path for a new era in […]

The recent $19.8 million debt commitment of Arya.ag from the U.S. International Development Finance Corporation (DFC) is a signal of growing international confidence in India’s agritech sector. Its success highlights the demand for innovative agricultural solutions and also highlights the critical role that financial backing plays in strengthening resilient supply chains. This is Arya.ag’s second […]

Hyderabad-based Cyient has acquired a 27.3% stake in Azimuth AI, which is a U.S.-based and Indian-origin fabless ASIC (Application-Specific Integrated Circuit) company. The value of 27.3% stake is $7.25 million. The strategic investment is to strengthen the capabilities of Cyient and it also reflects a broader trend of rapid advancement in semiconductor innovation in India […]

Bengaluru-based EV startup EMOBI Manufacturing has come up with the AKX Low-Speed Commuter. It is an electric two-wheeler purpose-built for India’s growing last-mile delivery sector. It is a tailored solution designed for gig workers and small businesses needing affordable transportation without compromising functionality. The EV is priced at Rs 90,000 and is strategically positioned to […]

Jon McNeill, former Tesla and Lyft executive and current CEO of DVx Ventures, laid bare the principles behind Tesla’s ability to dominate the electric vehicle (EV) industry lately at the World Business Forum. He said that the success of Tesla boils down to what he calls a relentless “radical simplification” approach. It is a method […]

Startups are often the gleaming gems that capture attention and promises transformation as well as high returns in the world of investing. Venture capitalists have long chased these privately-held and high-risk companies. But it is a path strewn with potential losses and retail investors should be cautious about jumping in. The failure rate for the […]

The initial buzz around IPOs returning in 2024 has dimmed significantly even though there has been a surge in market optimism initially this year. NASDAQ CEO Adena Friedman lately poured cold water on the idea and outlined the reasons for a significant wave of IPOs from tech startups is unlikely. She laid out the underlying […]