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Unique RISE Accelerator for Indian-Australian Startups Launched
India and Australia has launched a unique RISE Accelerator program for to foster circular economy. Startups and small to mid-sized enterprises (SMEs) in India and Australia are set to benefit significantly from this accelerator program aimed at fostering circular...
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OpenAI CEO Sam Altman Quits After Persistent Controversy
Sam Altman, the CEO of OpenAI, the artificial intelligence research company behind ChatGPT, has announced his resignation amid allegations of misconduct and mismanagement. Altman, who joined OpenAI in 2019 as its co-chairman and became its CEO in 2020, said...
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ShareChat Secures $3Mn to Realise AI-Driven Machines Vision
ShareChat, a popular social media platform, to make a leap into the industrial sphere with plans to craft AI-driven machines.In a recent post on X (formerly Twitter), Farhid Ahsan, co-founder of the social media platform, expressed gratitude for the...
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Bakingo Bakes New Growth Plans Backed by $6Mn from Faering
Bakingo, the omnichannel bakery brand focussed on cakes, has secured $16 million as growth capital. Bakingo will utilise this capital towards strengthening its distribution footprint by expanding from 75 dark kitchens to 150, and entering 10 new cities.The omnichannel...
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Indian Manufacturing Sector Shoot Up September IIP to 140.6
The Quick Estimates of the Index of Industrial Production (IIP) for September 2023 have been unveiled, providing a captivating snapshot of the nation's economic pulse. Released with a six-week lag on the 12th of every month (or the previous...
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Nisha (14) Nimisha (12) with our hearts transforming lives of high-risk children in Sundarbans
With Our Hearts founders Nisha (14) and Nimisha (12) is on a noble mission. In the heart of the impoverished Sundarbans, where children grapple with a harsh reality, hope has arrived in the form of two young sisters and...
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Instant Student Loan Provider MPOWER Raises $300Mn; Focus on India, South Asia
MPOWER Financing, which offers education loans to students, has raised debt financing, expanding its total lending capability to more than $300 million.The US-based fintech company aims to back its portfolio of loans served to global students studying in over...
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Swimlane Opens Largest AI Security Hub in Hyderabad, Hiring 200 Specialists
Hyderabad, India, October 31, 2023: Swimlane, the largest pure-play AI-enabled security automation company, announced today the opening of its Regional Cybersecurity Innovation, and R&D center in Hyderabad, India.The new location will serve as a strategic hub for product development...
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India’s 5G Success Highlights Path to 6G Standardization – DST Abhay
New Delhi, October 29, 2023 – The Indian Mobile Congress (IMC) 2023, held in New Delhi, highlighted India's growing leadership 5G and then 6G that will follow, in the realm of mobile network technologies, with an emphasis on its...
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Hyderabad Takes Lead: 150+ Space StartUps Flourish in India
Space Startups in India are having a dream run. Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science & Technology, and Minister of State in the Prime Minister's Office for Personnel, Public Grievances, Pensions, Atomic Energy, and...
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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...