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Resurgence in Crypto Funding: Q4 2023 Breaks Downtrend, Hits $1.9 Billion
18th Feb: Crypto funding is on a revival, and it is surging upwards. Crypto ventures experienced a resurgence in funding during Q4 2023, reaching a staggering $1.9 billion. This marks a significant departure from the declining trend observed since...
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Seafood to Astrology: $147M Flows into Indian Startups This Week
Feb 17: Venture capital (VC) funding into Indian startups has sustained a consistent trajectory, with a weekly influx of approximately $100 million, a pattern indicative of the absence of any significant high-value transactions.The third week of February witnessed...
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New Mechanism for Electric Polarization; Novel Mineral MnBi₂S₄ Discovered
16th Feb: Researchers at Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) have identified a unique mechanism for electric polarization via magnetic ordering in the novel mineral MnBi₂S₄.This discovery, a significant breakthrough for the field of magnetoelectric materials,...
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India’s Startup Ecosystem Stumbles: Funding in States Plunges by Over 60%
Feb 16: India's Startup Ecosystem in 2023 witnessed a harsh reality for India's booming startup scene, with funding across major states like Maharashtra, Delhi NCR, Karnataka, Tamil Nadu, and Gujarat experiencing a drastic decline.The decline presents a significant challenge...
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Paytm’s Bitsila Acquisition: Salvation or Risk?
In a strategic move amidst regulatory uncertainties, Paytm is reportedly finalizing a deal to acquire Bitsila, an interoperable e-commerce startup, sources reveal. This acquisition aims to bolster Paytm's position within the Open Network for Digital Commerce (ONDC) ecosystem, offering...
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PM’s Praise Holds No Value for an Investor: Shark Tank India 3
Investor Skepticism vs. Entrepreneurial Passion took the center stage, as the Shark Tank India 3 has made its debut, engaging audiences with a mix of emotional moments and innovative business pitches. With six new 'sharks' joining the panel, the...
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Growing Agri-Startups: Govt. Appoints 5 KPs, 24 Incubators, and More
New Delhi, February 6, 2023: To foster agri-startups growth the Government of India has announced the appointments 5 Knowledge Partners (KPs) and 24 RKVY Agribusiness Incubators (R-ABIs) for training & incubation of agri-startups and implementation of this programme.The Government...
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Byjus: Seeking Light in The Dark Tunnel; Meets Jan Payroll Target
Once a Startupstar, and an ed-tech giant, Byjus is struggling to keep its lifeline alive. After a series of setbacks now, founder and CEO Byju Raveendran has announced that the company has successfully disbursed January salaries to its employees...
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TEC’s Boost: Fast Certifications, Big Savings for Telecom Startups
Bengaluru, February 3, 2024 - TEC and DOT organised impactful awareness program in Bengaluru today. Targeted at startups and companies in the telecommunications sector, the event focused on enlightening participants about the mandatory testing and certification of telecom equipment...
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RBI Crackdown: Is it the End of Paytm Banks Dream? What’s Next?
As the Reserve Bank of India (RBI) cracks down on Paytm Payments Bank, a cloud of uncertainty looms over the popular QR payments app, leaving many customers anxious about its future post-February 29. The RBI's directives have raised concerns...
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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...
