Page 3 - Startup Ecosystem

How this tech startup helps sportspersons raise their game using AI

Stupa Sports Analytics, founded by husband-wife duo Deepak Malik and Megha Gambhir, offers AI-driven solutions for advanced analytics of player performance and create innovations in sports industry

Aramco's VC arm building an India team to bet on early-stage opportunities

Prosperity7 Ventures, Saudi Aramco's venture capital arm, manages over $3 billion in assets worldwide

AI-powered equity research platform PineGap.ai raises $2.5 million

PineGap.ai, an AI-powered equity research platform, on Thursday said it has raised USD 2.5 million (about Rs 20.88 crore) in a funding round led by US-based investors SVQuad and Inventus Capital. The seed funding round also saw participation from DeVC and Silicon Valley serial entrepreneurs like Mohit Aron, Founder of Cohesity/Nutanix, Vetri Vellore, Founder of Ally.io, and Mohan Kumar, Managing Partner of Avataar Ventures, alongside Wall Street executives. The funds will be utilised to boost product development efforts and strengthen its engineering team. The company, co-founded by IIT-BHU graduates Deepak Sharma (CEO) and Ankit Varmani (CBO), aims to empower equity research analysts working in hedge funds, mutual funds, and investment banks by providing them with an advanced AI-powered platform to interpret data and derive insights from public company filings, a statement said. The platform is powered by Pine-LLM, PineGap's proprietary deep reasoning technology. According to the

Garden of Joy raises Rs 84 lakh in seed round led by Inflection Point

Landscaping startup will use the money to expand in six cities in South India, develop technology

BS Manthan: Plenty funds for right startups, Rajesh Magow on funding winter

Business Standard Manthan 2024: Rajesh Magow, the CEO of MakeMyTrip, on Thursday said he disagreed with the perception that there was a fund crunch in the startup ecosystem

Starburst Accelerator, IIT Madras join hands for €100 million startup hub

This partnership will enable export promotion and provide support for Indian ASD start-ups to explore international markets through the extensive network of Starburst

Influx of AI startups pumps up battle for technical talent in Europe

Founded in 2010 and acquired by Google in 2014, London-based DeepMind made its name applying AI to everything from board games to structural biology

India home to 8,000 women-led tech startups, Delhi-NCR tops list: Tracxn

Of the over 8,000 women-led startups, 2,316 have received funding while about 6,000 are unfunded. Women tech entrepreneurs have cornered 14.8% share of the overall tech funding pie at $23 billion

Govt launches Bharat Startup Ecosystem Registry to create database

The government on Thursday said it has launched a platform, Bharat Startup Ecosystem Registry, to create a comprehensive database with details about all the startup ecosystem stakeholders under one roof across different categories. Commerce and Industry Minister Piyush Goyal became the first person to register on the platform, signifying the government's commitment to nurturing India's burgeoning startup ecosystem. "The Registry will act as a one-stop database with details on all startup ecosystem stakeholders under one roof across different categories," it said. It is envisaged that the registry will facilitate easy access and discovery, fostering collaboration and growth within the ecosystem. "This one-stop platform will house detailed information on all ecosystem participants, facilitating easy access and discovery,' it said, adding that the registry will include various categories of entrepreneurs, including those in the early stages of ideation, social impact ventures, and ...

India startup boom: Goyal exhorts entrepreneurs not to 'miss the bus'

Terming startups as the backbone of new India, Union minister Piyush Goyal on Tuesday exhorted entrepreneurs not to "miss the bus" and make most of the opportunities as India transitions to become a 35 trillion dollar economy by 2047. India, he said, has emerged as a global leader, and its story is one of confidence, good governance and continued innovation. "I believe startups will be backbone of new India. This is our time under the sun, and the sun is rising," the minister for commerce and industry said at a curtain raiser event for upcoming 'Startup Mahakumbh'. "I hope we don't miss the bus. I hope the message goes loud and clear to all startups not to lose this opportunity," he said, adding that the upcoming mega event will showcase the startup revolution sweeping the country. Goyal exuded confidence that young Indians will shape the country's destiny in 'Amrit kaal'. "...It is this young India that is going to shape our destiny...as we transition from 3.5 trillion dollar eco

Bihar govt, SIDBI join hands to collaborate on enhancing startup ecosystem

The Bihar government and the Small Industries Development Bank of India (SIDBI) have signed an MoU in a bid to boost the startup ecosystem in the eastern state, officials said. The initiative is aimed at creating a conducive environment for startups and transforming Bihar into a startup hub, a SIDBI release said. "The Bihar Startup Fund Trust (BSFT) and SIDBI entered into an MoU to administer the Rs 50-crore Bihar Startup Scale-up Financing Fund' (BSSFF), it said. The BSFT is the nodal agency constituted by the Industries Department for implementation of the Bihar Startup Policy. Under the policy, the state government has set up the BSFT with an initial corpus of Rs 500 crore. Out of this, BSSFF has been established with an initial corpus of Rs 50 crore for scale-up funding support to startups, the release said.

From ecosystems to economics: The potential of a 'species stock exchange'

Creating interdependence between funding and ecological outcomes can establish an accountable framework, augmenting the efficacy of conservation initiatives

Apples to bats, Kashmir's startup scene gains momentum with foreign funding

Entrepreneurs are also tapping into JK Startup Policy and Shark Tank India

On Paytm crisis, startup founders write to PM, RBI to review curbs: Report

Paytm crisis: Last Wednesday, the RBI prohibited Paytm Payments Bank from accepting further deposits, crediting any transactions on customer accounts, digital wallets, etc, beyond February 29

Budget focused on economic resilience, creates opportunities for all

It carefully allocates public resources and commits to reduce the country's fiscal debt

$5 bn for EV, 20 unicorns women-led: Path of Indian startup boom since 2014

Despite the challenges due to persistent funding winter, Indian startups received $8.4 billion in funds from domestic and global investors in 2023

78% of startup founders are optimistic about fundraising in 2024: report

About 61% of company founders in India expect the pace of hiring in 2024 to either be the same as last year or dip a bit, according to the 'India Startup Outlook' report from venture debt firm InnoVen

Insurtech startup Bharatsure raises $1 million led by VC fund Capital-A

The company had previously raised $1.2 million in February 2022 which saw the participation of its existing investors

Over 50% DPIIT-recognised startups from tier-II and tier-III cities

The states of Gujarat, Karnataka, Kerala, and Tamil Nadu emerged as the "best performers" in developing a startup ecosystem for Indian entrepreneurs

Meesho turns profitable with losses halved to Rs 1,675 cr in FY23

The company's revenue grew 77 per cent to Rs 5,735 core