Funding Alert
Avaana Climate and Sustainability Fund Set to Invest $70 Mn in New Climate Tech Sectors
Avaana Climate and Sustainability Fund has successfully closed a $70 Mn fundraise, and has set its focus to invest in new climate tech ventures. Avaana Capital, an early-stage climate-tech investor based in India which led this fund raise announced...
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Startup: Embrace Self-Reliance to Safeguard India’s New Future, Urges Raksha Mantri
Lucknow, Uttar Pradesh - In a stirring call to arms, Raksha Mantri Shri Rajnath Singh emphasized the imperative of self-reliance as India faces a double threat on its borders and grapples with the emergence of new dimensions of warfare....
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Big Funding Roundup: HealthifyMe, Course5 Intelligence Secure a Combined $83 Mn in June’23
Big Funding Round Up: HealthifyMe and Course5 Intelligence, two prominent players in the health and AI sectors, have struck significant funding deals in the month of June 2023. HealthifyMe, the Bengaluru-based health and fitness platform, secured $30 million in...
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Startup Byju’s in a Big Financial Mess: Grapples with $40M Loan Interest Payment Deadline
Startup Byju's, touted as India's most valuable startup and a prominent player in the edtech industry, finds itself in a precarious financial situation as it grapples with a looming deadline to make a substantial $40 million interest payment on...
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Heliport License: DGCA Unlocks New Opportunities with a Simple One Tab Process
New Delhi, May 30, 2023 - Heliport License in India has been made simpler now. The Directorate General of Civil Aviation (DGCA) has announced a major simplification in the process for granting Heliport Licenses. With this new development, applicants...
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Solar Decathlon India 2022-23: 12 Teams Triumph in Net-Zero Building Solutions
In a spectacular showcase of brilliance and innovation, the Solar Decathlon India 2022-23 (SDI) Design Challenge for Net-Zero Future Proof Building concluded its highly anticipated 3rd edition at Infosys' campus in Mysuru. Over the course of the challenge, 1780...
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YouTube Open Doors to New Content Creation Opportunities; Ends Stories Feature
In a move to prioritize key features and enhance user experience, YouTube, the popular video streaming platform owned by Google, has announced the discontinuation of its Stories feature, introduced in 2017. Starting June 26, 2023, users will no longer...
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State Street to add 5,000 new jobs in Hyderabad, making it its 2nd largest site outside the US
State Street one of World's largest asset management companies with over $40 trillion under its custody, is expanding big in Hyderabad by adding 5,000 new jobs. KTR who is on a visit to the US announced this after meeting...
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Big Boost for IT Hardware Manufacturing in India as Rs. 17,000 Cr PLI Scheme 2.0 Gets Nod
In a significant move aimed at bolstering India's position as a global hub for electronics manufacturing, the Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has given the green light to the PLI Scheme 2.0 (Production Linked Incentive...
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India to Set Up a New Mechanism to Monitor and Nurture Startup Growth
The government of India is mooting a new mechanism to monitor startup growth. It is setting up a system to monitor and nurture the growth of startups. The move comes in the wake of the growing number of startups...
Recent News
Indian Startup OrbitAID Sets New Satellite Servicing Benchmark
December 23, 2024: OrbitAID Aerospace, an innovative startup focused on satellite servicing, has successfully tested its groundbreaking Standard Interface...
