Indian Startup to Launch ‘Expandable Space Habitats’ with SpaceX

India is gradually witnessing growing skills in space technology. Bengaluru-based startup AkashaLabdhi is lately gearing up to launch its ‘expandable space habitats’ by 2027. The launching will be implemented in collaboration with SpaceX. AkashaLabdhi is a brainchild incubated at IIT Roorkee. It is working in the creation of expandable space habitats. The structures are designed […]

Startups and Investors Await Modi 3.0’s Union Budget 2024 with High Expectations

Indian Union Budget 2024 announcement is approaching. The startup ecosystem and investor community are expecting something favorable. They are looking ahead the scrapping of contentious angel tax and launching of some new schemes by the government to boost domestic investments. One of the most important issues in the upcoming budget is the angel tax. It […]

Maruti Suzuki Accelerator Welcomes Global Startups for Its 9th Cohort

Maruti Suzuki India has come up with its 9th cohort of corporate accelerator programme titled the Maruti Suzuki Accelerator. The programme has been rebranded this year and is open to global participants including startups. The primary goal is to develop cutting-edge solutions for the automobile manufacturing and mobility market. The programme was previously titled the […]

Ahmedabad’s QarmaTek Secures $1 Million in Latest Funding Round

The tech world is ever-evolving. Gadgets are becoming outdated at a rapid pace. Ahmedabad-based startup QarmaTek is making waves with a perfect solution. It has emerged with unique approach to give electronic products a second life. QarmaTek was founded by Krunal Shah and Arun Hattangadi in 2011. It has carved out a niche in the […]

AI startup Hypertype bags €600k to supercharge customer support

Female-founded customer communication automation startup Hypertype in Sweden has successfully secured €600,000 (£506,500) in a recent fundraising round led by Butterfly Ventures and Bust. The fresh capital highlights the growing confidence in AI-driven solutions in the world of customer care and sales processes. Hypertype was founded by Teenie Fung and Beatrice Baltscheffsky in 2021 and […]

Ethereal Machines Launches Award-Winning CNC for Global Machining-as-a-Service

The manufacturing world is lately evolving at a rapid pace with the help of technology. Bengaluru-based startup Ethereal Machines stands out with innovation and resilience. Founded by Kaushik Mudda and Navin Jain, it has transformed from a college project to an award-winning enterprise. It is redefining the global machining industry. Mudda and Jain’s foray into […]

Helium Secures Pre-Seed Funding Led by Merak Ventures

Merak Ventures, a sector-agnostic early-stage venture capital (VC) firm, is excited to announce its fifth significant investment this year, leading aINR 4.52 Cr (~$550k) pre-seed funding round in Helium, an AI platform which bakes product and visitor intelligence into eCommerce websites to help them convert better. This round also saw participation from angel investor Alok […]

Startup Le Pavé Innovates for Sustainability at the Olympics

Olympic podium is entirely being made of recycled materials this summer. The world’s greatest athletes will showcase the possibilities of sustainable innovation. Thanks to the innovative efforts of Le Pavé, a small startup from Paris. Rather, a startup from the outskirts of Paris in France. Le Pavé was founded by childhood friends Maurius Hamelot and […]

Ex-Tata Electronics Executive Ventures into Fabless Chips, Targets $70-100M Revenue

India’s semiconductor sector is set to take a transformative shape. Industry veteran and Tata Electronics OSAT P former CEO Raja Manickam has taken a step into a new venture with iVP Semi, a fabless semiconductor startup. The aim is basically to revolutionize chip design and simultaneously produce locally. It will address a critical gap in […]

DPIIT Advocates for Angel Tax Exemption in Upcoming Union Budget

The Union Budget announcement is nearby and the Department for Promotion of Industry and Internal Trade (DPIIT) has recommended removal of the angel tax for startups. It is basically aimed to foster a more vibrant startup ecosystem in the country. However, it is currently under consideration by the finance ministry. The angel tax was initially […]