28 Indian startups raised over $800 mn in funding this week
IANS
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June 22, 2024 1:59 PM
New Delhi, June 22 (IANS) About 28 Indian startups have raised $800.5 million in funding across 29 deals this week.
How Vadhavan port will put India on global map, generate lakhs of jobs
IANS
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June 22, 2024 1:56 PM
Mumbai, June 22 (IANS) The proposed mega Vadhavan port in the Palghar district of Maharashtra, worth Rs 76, 220 crore, would not only boost sea-based trade but also herald a new wave of industrial development towards the country becoming the world’s third-largest economy by 2027 with a GDP of $5 trillion but also generate 10 lakh direct and indirect jobs.
Overseas Indians' faith grows in Indian economy with $1 billion deposits in April
IANS
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June 22, 2024 10:43 AM
New Delhi, June 22 (IANS) Showing their confidence in the resilient Indian economy despite global macroeconomic conditions, non-resident Indians (NRIs) deposited around $1 billion in the country in April alone.
India's youth greatest asset, time to build human capital for robust growth: HUL Chairman
IANS
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June 22, 2024 10:32 AM
New Delhi, June 22 (IANS) India, which is the fastest-growing economy, can further fuel its growth journey if the leading enterprises and companies collaborate with the government to build a robust human capital, according to Hindustan Unilever Limited (HUL) chairman, Nitin Paranjpe.
Indian startup develops AI-enabled yoga mat for personalised coaching
IANS
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June 22, 2024 9:48 AM
New Delhi, June 22 (IANS) A startup incubated at IIT Mandi has developed an artificial intelligence (AI)-enabled Yoga mat, which was presented to Union Ministers here.
Next 5 years set to further boost India’s domestic electronics manufacturing
IANS
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June 21, 2024 3:05 PM
New Delhi, June 21 (IANS) India, on its way to becoming the global electronics manufacturing hub, has doubled down on the local manufacturing of multiple products -- mobile phones and their components, televisions, semiconductors and other devices -- and the momentum is only going to grow in the next five years riding on the production-linked incentive (PLI) scheme, according to industry experts.
152 Indian startups on track to turn unicorns over next 5 years: Report
IANS
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June 21, 2024 12:32 PM
New Delhi, June 21 (IANS) At least 152 Indian startups are on track to turn unicorns from 31 cities over the next 3 to 5 years to its current tally of 67 unicorns, a new report has said.
Indian CEOs prioritise tech investments, including towards AI: report
IANS
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June 21, 2024 10:41 AM
New Delhi, June 21 (IANS) Indian CEOs are prioritising technology investment, including artificial intelligence (AI) but stay guarded amid data security challenges, according to a report.
India now has 3,600 deeptech startups, ranks 6th globally: Nasscom
IANS
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June 20, 2024 3:13 PM
New Delhi, June 20 (IANS) India now ranks sixth among the top nine deeptech ecosystems globally with 3,600 such startups, which received $850 million funding last year, a Nasscom report said on Thursday.
Tech startups raise $4.1 billion in 1st half of 2024, India remains 4th-highest funded globally
IANS
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June 20, 2024 2:16 PM
Bengaluru, June 20 (IANS) Indian tech startups raised $4.1 billion in the first half this year (January to June to date), a 4 per cent increase from $3.96 billion in the second half of 2023, a report showed on Thursday, as the country witnessed three unicorns along with 17 IPOs in this period.
