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Commerce and Industry Minister Piyush Goyal on Wednesday proposed an India-Japan startup pitching series, on the lines of the popular 'Shark Tank' format, to connect young startups from the two countries with investors and potential business partners. Addressing a roundtable on startups, Goyal said such pitching sessions could be organised virtually, leveraging digital connectivity, to facilitate greater interaction between Indian and Japanese startups. "India and Japan can develop a pitching series, something like the Shark Tank initiative, that can help young startups pitch," Goyal said. He said Indian startups could pitch their ideas to Japanese investors, while Japanese startups could seek partners and business opportunities in India. "In this world of global connectivity through Zoom calls and the internet, I think we can have more and more pitching sessions where Indian startups pitch for Japanese investments and Japanese startups pitch for partners in India," he said. Goyal
IDFC First Bank has partnered with the IIM Calcutta Innovation Park (IIMCIP) to launch a pan-India programme aimed at nurturing enterprises working on sustainable business solutions, officials said on Monday. The 'IGNITE' programme will provide total financial and operational support of Rs 2 crore, including a direct startup grant corpus of Rs 1.36 crore, they said. It aims to help early-stage ventures strengthen their business models, expand market reach, and deliver measurable environmental and social outcomes, according to an official statement. Under the programme, 16 startups from across the country will be selected through a competitive evaluation process, it said. The focus areas include green manufacturing, waste recycling and upcycling, cleantech, renewable energy, water management, environmental technologies, and the sustainable use of indigenous resources. The selected startups will undergo a structured incubation journey comprising business diagnostics, expert mentorin