The selected startups in the region are focused on areas of fin-tech, blockchain, health-tech and IoT, among others, the statement said
PE/VC investments accounts 1.7-1.8% of GDP, almost at par with China and the global average
The city, which has seen its startups raising $31 bn in the past decade, is home to 44% of India's unicorns and 43 per cent of 'soonicorns'
Started exclusively in India by the American Center, the Nexus Startup Hub has trained more than 90 startups through 9 cohorts each with a 10-week programme
Riversand is a SaaS Master Data Management and Product Information Management solution provider
Prabhu said there are three components that are necessary to achieve India's ambition of becoming a $5 trillion economy.
The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year
This June, the company had raised $130 million to become a 'unicorn'
The research park will come up with Rs 50-crore investment
The companies are armed with centralized knowledge and act consistently based on those experiences.
The startup which offers industry-ready higher education programmes and follows a Pay after Placement model will be using the fund to build its network of colleges across various cities
The application of AI and blockchain is going to reshape the financial services sector. Health tech is going to be reshaped too, says Warrior
Winnerbrands has deftly avoided copyright and IPR issues to deliver over 250 future-proof brand names that resonate with the consumer -- all within a short span of 12 months
The report said the golden triangle of government, private sector and academia are important players who can provide the impetus needed to grow the start-up eco system
The Prime Minister reiterated his government's commitment to make India a $5 trillion economy by 2024
Prime Minister Narendra Modi is attending the Future Investment Initiative, dubbed 'Davos in the desert', in Saudi Arabia
There were 206 Chinese firms out of a global total of 494 ultra-valuable start-ups -- known as "unicorns" -- in June 2019
This is the fifth acquisition by Westbridge Capital-backed firm
Swedish capital city Stockholm is looking to attract Indian talents to boost its technology ecosystem, especially to create wide startup base, a senior official at Invest Stockholm has said. Stockholm city is also planning to set up an international house to make it easy for technology talents, especially from India, to easily get work permits and accommodation, Invest Stockholm CEO Anna Gissler told PTI in an interview. "Every 5th technology workforce in Stockholm is an Indian. Both, Swedes and Indians, speak good English so it is easy for us to connect and then inclination towards technology helps us in strengthening it," Gissler said. Sweden's capital city Stockholm is building its own silicon valley of technology companies where it is looking for talents from across the world to set up their base. "Stockholm is ranked to have world's 4th best start-up ecosystem. We are not just looking for technology start-ups but start-ups that can have an impact. It may be a non-technology fi
New start-up policy on anvil with focus on agro, energy sectors