WebinarsNew
Deep DiveNew
Explore Business Standard
Startups In India
Technology that succeeds under Indian conditions can often succeed anywhere in the world, but the challenge is that deep technology does not run on normal startup timelines, according to BITS Group Vice Chancellor Ramgopal Rao. In an interview with PTI, the renowned academician said India cannot become a global innovation hub merely by building more companies around technologies developed elsewhere. "We must build companies around science and intellectual property created in our own universities. India has two enormous advantages: talent and problems at scale. Both can become the basis for globally important companies," Rao said. He said India needs homegrown solutions in semiconductors, healthcare, agriculture, space, energy, water, advanced materials, artificial intelligence, defence and manufacturing. "A technology that succeeds under Indian conditions can often succeed anywhere in the world. The difficulty is that deep technology does not run on normal startup timelines," he t
Indus Valley, a toxin-free kitchenware brand, on Tuesday said it has raised USD 17 million (about Rs 161 crore) in a funding round led by private equity firm Gaja Capital. TheSeries B funding round also included participation from existing investors DSG Consumer Partners, Rukam Capital, and The Chennai Angels, the Chennai-based firm said in a statement. "This investment will help us accelerate product innovation, strengthen our omnichannel distribution, deepen our brand presence, and expand our leadership across safer kitchen categories," Jagadeesh Kumar co-founder and CEO of The Indus Valley said. DSG Consumer Partners MD & Head of India Hariharan Premkumar said the investment will deepen product and distribution capabilities. Founded in 2016 by Jagadeesh Kumar and Madhumitha Uday Kumar, Indus Valley is a cookware company which offers toxin-free, non-coated cookware solutions across cast iron, iron, stainless steel, triply cookware, and pressure cookers.
Nine Indian startups, including Dhruva in the space business and Varaha in the climate arena, have made it to the World Economic Forum's latest list of new technology pioneers. Releasing the list, the WEF said these 100 early-stage startups from 23 countries are building the infrastructure for the next era of AI and are developing breakthrough technologies with the potential to transform industries and societies. "What sets this year's cohort apart is its focus on enabling the next era of Artificial Intelligence (AI). While recent advances have centred on models and consumer applications, many of the Tech Pioneers are building the software and physical infrastructure needed to AI at scale," the WEF said. The cohort also reflected the expanding geographies of frontier innovation. India has contributed nine companies, many focused on deep-tech and space innovation, while the Republic of Korea records its strongest representation to date across AI, robotics and quantum ...