Young companies are now in better shape than in 2021 and 2022, when several startups that sought to capture India's booming capital markets cratered after listing at high valuations
The network has historically played a critical role in underpinning each wave of technology innovation, including mainframe to PC, client-server to cloud, and now the AI wave
According to the Tracxn Geo Quarterly India Tech Report, out of the $2.5 billion, three startups Erisha E Mobility, Darwinbox and Infra Market received funding of over $100 million each
Motive is among upstarts that are following major tech corporations like Meta and Microsoft into India, betting on one of world's deepest AI engineering pools to speed innovation
The success of UPI in India is a fascinating case study in the intersection of technology, policy, and socioeconomic factors
Billionaires whose fortunes are linked to artificial intelligence were the biggest losers: Huang saw his fortune fall $20.1 billion, a 20 per cent drop
The company seeks to transform the communication landscape with advanced solutions for both ground and space-based networks
This first-of-its-kind integration of SAR and optical imagery addresses critical needs across sectors, including defence, agriculture, and disaster response
Dexcel has contributed to major defence and space projects, including Jaguar and Sukhoi aircraft upgrades and ISRO's Chandrayaan-3 and Aditya-L1 missions
Biocon Chairperson Kiran Mazumdar-Shaw said efforts should be made to ensure the government becomes the first user of innovations from startups
The venture studio will identify technologies and lab stage ideas related to CO2 emission reduction primarily in the industrial and energy sector
Anandan also said India had the largest number of STEM graduates. "We just need to make sure we invest in them over a period of time"
After four consecutive half-year periods of decline in funding, H1CY24 has seen an upswing
According to the report, in CY23, Indian deeptech startups witnessed a dip of 77 per cent in funding compared to last year and secured $850 million in investments
Indian tech startups raised a total USD 4.1 billion in H1 2024, four per cent higher than H2 2023, although the numbers still trailed the levels seen a year ago, according to a report by market intelligence platform Tracxn. At USD 4.1 billion, India still remains the fourth-highest funded country globally in the tech startup landscape, it said. The United States led in overall funding volumes, followed by the UK and China. "Indian tech startups raised USD 4.1 billion in H1 2024, a 4 per cent increase from USD 3.96 billion in H2 2023. Though there was a 13 per cent decrease compared to USD 4.8 billion raised in H1 2023, India still remains the fourth-highest funded country globally in the tech startup landscape," the Tracxn report said. Tracxn, India Tech Semi-Annual Funding Report H1 2024 offered insights on funding trends, sector performances, and notable developments in the Indian technology sector for the said period. Citing key trends, it said seed-stage funding increased to U
Flipkart co-founder pioneer acknowledges quick commerce model working well despite his scepticism
Neysa is the second entrepreneurial stint of Sharad Sanghi, considered to be pioneer of the Indian cloud computing space
The development is in line with ongoing governmental efforts to bolster innovation in the deeptech sector
India's National Association of Software and Service Companies (NASSCOM) will bring a delegation of 15 top-tier start-ups to participate in a Pitching and Networking Session for the Start-Ups in the UAE next week. The delegation would participate in the exclusive Pitching and Networking Session for the Start-Ups to be organised by the Consulate General of India in Dubai on March 11 and 12, officials said. The Start-Up delegation comprises sectors such as artificial intelligence, big data and analytics, electrochemistry, materials, and renewable energy, among others. NASSCOM is the apex body for the technology industry in India, an industry that has made a phenomenal contribution to India's GDP, exports, employment, infrastructure, and global visibility. The Elevate Pitching Series aims to provide a platform for Start-Ups to pitch their ideas to investors and business partners based in the Middle East and other countries, officials said.
Focus on efficient models and unique needs of the country mark Sarvam's journey