VC firm Accel to invest up to $1 million in pre-seed startups in AI, Bharat

IANS | September 12, 2024 11:02 AM

Bengaluru, Sep 12 (IANS) Leading global venture capital firm Accel on Thursday announced the launch of Accel Atoms 4.0, the fourth edition of its pre-seed scaling programme. Selected startups will receive up to $1 million in funding through equity or convertible note, and access perks worth more than $5 million from Accel’s network partners.

Explainer: How India’s ambitious semiconductor journey is taking shape

IANS | September 11, 2024 5:34 PM

New Delhi, Sep 11 (IANS) As India begins its semiconductor electronics manufacturing journey amid Prime Minister Narendra Modi’s "it is right time to be in India" call, the reformist government, a growing manufacturing base in Bharat, and a huge aspirational market can help realise the mega chip dream.

150 chip fabs required to achieve $1 trillion target by 2030, India in sweet spot

IANS | September 11, 2024 3:59 PM

Greater Noida, Sep 11 (IANS) With artificial intelligence (AI) fuelling global semiconductor demand, around 150 new fabrication units will be required to meet the industry’s ambitious $1 trillion target by 2030 and India will need to achieve exponential growth to maximise its share, industry leaders said on Wednesday.

SEMICON India 2024: Top semiconductor CEOs laud PM Modi's vision

IANS | September 11, 2024 3:25 PM

Greater Noida, Sep 11 (IANS) Leading figures from the global semiconductor industry praised Prime Minister Narendra Modi's leadership and vision for advancing India's semiconductor sector during their addresses at SEMICON India 2024, held here at the India Expo Mart on Wednesday.