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ASIP, APACT Ink ₹890Cr JV for Semiconductor Assembly & Testing Project in Hyderabad

Feb 22: Hyderabad based ASIP (Advanced System in Package Technologies) has joined forces with Korean firm APACT Limited, and announced its plans for a state-of-the-art semiconductor assembly and testing facility in Hyderabad. The project, with an investment of Rs....

Skyroot Launches Kalpana Fellowship for Women: Inspired by Astronaut Kalpana Chawla

Feb 20: Skyroot Aerospace, has launched "Kalpana Fellowship". India's leading space technology company, today unveiled Kalpana Fellowship, marking a significant milestone as India's first-of-its-kind fellowship program dedicated exclusively to women in the space sector.The Kalpana Fellowship is designed to...

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...

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...

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,...

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...

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...

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...

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...

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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