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Startups In India
Aspiring entrepreneurs should embark on their startup journey with clarity of purpose, a clear understanding of why they are building the venture, and a well-calibrated approach, not haste, advises Shiprocket co-founder and CEO Saahil Goel. India's market dynamics, amplified by the potential of technologies such as AI, create a wealth of opportunities for aspiring entrepreneurs. "You could pick anything, from engineering tech to health tech or fintech to stocks...You think about it, and there's a new way to leverage an AI tool or an AI app...to be able to cater to that demand. So any industry with the new AI toolkit available is a great opportunity now for people to build in India," Goel told PTI. His advice for aspiring entrepreneurs: "always ask yourself why you want to do it." Goel says he often meets people who lack clarity on that basic question. The early days of an entrepreneurial journey are as much about a clarity of purpose as pitting one idea against the next. "All ...
Nearly 93 per cent of Indian organisations surveyed expect positive returns on their AI investments in less than three years, underlining the rising confidence of businesses in value and potential of Artificial Intelligence, according to SAP Value of AI Report 2025. Driving the AI momentum, businesses across the country are investing an estimated USD 31 million in AI this year - ahead of global average - with focussed spending on software, infrastructure, talent, and consulting, SAP said. "Indian businesses are investing USD 31 million in AI across IT, infrastructure, talent, and consulting, ahead of the USD 26.7 million global average," said the report released by enterprise application software and business AI firm. Unveiled at SAP's flagship event, TechEd 2025, the Value of AI Report 2025, in collaboration with Oxford Economics, surveyed 1,600 senior business leaders across eight countries, including 200 respondents from India, according to a release. The AI adoption study relea
India and Israeli startups can collaborate in areas such as cybersecurity and medical devices to boost innovation ecosystem, Commerce and Industry Minister Piyush Goyal said on Friday. He said one of the key elements of the proposed trade agreement between the two countries will be technology and innovation collaboration. "We can collaborate with Israel to promote our own startup ecosystem, which we are aspiring to take it to the levels of deep tech and high quality innovation at competitive prices, given the economies of scale that India has to offer," Goyal told reporters here. The minister is here to hold bilateral trade talks with his Israeli counterpart Nir Barkat. Goyal is leading a 60-member business delegation here. "We are looking at deep partnership with Israel who has one startup with every 1,000 people," he said. Israel has converted adversity into opportunity and their agriculture requirements and modern technologies developed in the field for health and climate chang
Maruti Suzuki India on Friday said it has acquired around 8 per cent stake in technology-led startup Ravity Software Solutions, which specialises in providing connected mobility insights. The company has invested around Rs 2 crore in the startup for 7.84 per cent stake through Maruti Suzuki Innovation Fund. The auto major invests in startups through the Maruti Suzuki Innovation Fund, an initiative to undertake strategic investments in startups that exhibit high levels of innovation and potential to devise solutions relevant to the company's operations. This is the third investment under the fund with it having invested nearly Rs 2 crore each in Amlgo Labs in March 2024 and Sociograph Solutions in June 2022. "Startups are ideal partners as they bring agility, fresh thinking, and cutting-edge solutions, to support our goal of ensuring customer delight. Our investment in Ravity Software Solutions Private Limited will enable us to elevate customer experience through data-driven insight
Deep-tech climate startup Neiox Eco Cycle has won a prototyping grant of Rs 75 lakh from Cochin Shipyard Ltd (CSL) under the USHUS Maritime Innovation Scheme, company officials said on Friday. The cheque for the amount was handed over at a function at IIM-Kozhikode, where the official agreement was signed with the startup founded by CEO Akhil Raj Pottekkat, a statement by the firm said. According to Nieox Eco Cycle, the grant will support the development of the world's first sustainable, non-toxic, carbon-negative marine hull coating a breakthrough material with anti-corrosive and anti-biofouling properties The coating is derived from captured air pollutants, which would otherwise contribute to lung damage and cardiovascular diseases. Neiox's innovation converts climate and health liabilities into economic assets, while enhancing ship's fuel efficiency, reducing CO2 emissions and protecting marine ecosystems representing a Kerala model on the global canvas, the statement ...