Quantum Technology Flourishes in India with 40 New Startups in Two Years

India is making remarkable strides in quantum technology. More than forty startups in the field have emerged in past two years. It is a rapid growth and highlights burgeoning potential of India in the global tech landscape. The confident statement came from Dr. Jitendra Singh, the Union Minister of State for Science and Technology. A […]

Neobanking Startup Jupiter Gains RBI Approval for Mobile Wallet

Bengaluru-based neobanking startup Jupiter has secured a prepaid payments instrument (PPI) licence from the Reserve Bank of India (RBI). Th approval is learned to be revolutionizing how it interacts with users. It can now enable offering digital wallets for Unified Payments Interface (UPI) transactions, fund transfers and bill payments. Junpiter founder Jitendra Gupta made the […]

How GCCs Are Benefiting from Burnt-Out Startup Professionals

Indian job market is witnessing a noteworthy shift lately. Operational hubs of multinational corporations named Global Capability Centers (GCCs) are increasingly attracting professionals burnt out by the high-pressure environment of startups. It is a strategic alignment and benefits GCCs as well as startup veterans who are seeking stability and growth. Startups are breeding grounds for […]

Why HSR Layout is Bengaluru’s AI Startup Powerhouse

Bengaluru is often referred as the ‘Silicon Valley of India.’ It has long been a hub for startups and technological innovation. Lately, it has taken a significant leap forward. It has become a major player in the global AI landscape. HSR Layout is the core of the city now. HSR Layout is a neighborhood and […]

What Attracts Growth Debt Investors to Startups: Key Selection Criteria

Growth debt financing has lately become a lifeline for startups. The trend has moved upward after the collapse of Silicon Valley Bank that led to drop in valuations and businesses faced significant challenges. Amid such a scenario, growth debt has emerged as a vital resource for tech companies. It is a specialized form of financing. […]

Amazon Injects $230 Million into AI Startups with AWS Cloud Credits

Amazon is trying to dominate the artificial intelligence (AI) landscape. It has lately announced to be investing $230 million in AI startups and the fund will be basically through Amazon Web Services (AWS) credits. However, the move highlights fierce competition among cloud providers to secure AI innovators. The initiative of Amazon is to mainly focus […]

From Campus to CEO: IITians Leading the Startup Revolution

Indian Institutes of Technology (IIT) graduates are making waves in entrepreneurship. They are well-known for having technical expertise and innovative mindset. The alumni are launching ventures across various sectors in recent years. Their startups are shaking the traditional markets and simultaneously addressing global issues like sustainable energy and advanced AI applications. The rigorous training and […]

Textiles Ministry Approves Startups to Boost Innovation and Sustainability

The textile industry needs innovation and sustainability. Focusing on the same vision, the Ministry of Textiles has given green light to several startups working in the technical textiles segment. Rachna Shah, Secretary of the Ministry, announced it during the 7th meeting of the Empowered Programme Committee (EPC) of the National Technical Textiles Mission (NTTM). She […]

Bengaluru’s Indkal Technologies Nets $36 Million in Series A Round

Bengaluru-based startup Indkal Technologies has lately secured $36 million in Series A funding round led by Aries Opportunities Fund from Mauritius. The company was founded in 2020 and specializes in consumer electronics. The fresh capital marks first major fundraising effort since its inception. The new fund is learned to be used in enhancing product development […]

TCS Opens State-of-the-Art IoT Engineering Lab in Cincinnati, US

Tata Consultancy Services (TCS) has lately announced the opening of its state-of-the-art Internet of Things (IoT) engineering lab in the United States. The facility is in Cincinnati, Ohio. It is believed to be revolutionizing innovative solutions designed and implemented by clients. It is a significant milestone for the Indian tech giant and local community as […]