Poshn, a pioneering full-stack foodtech supply chain startup, recently announced a new funding achievement. The company has successfully raised $6 million, comprised of $4 million in equity and $2 million in debt. This funding round was led by Prime...
The Indian Parliamentary Standing Committee on Agriculture recently delved into the state of agricultural mechanization, acknowledging its critical role yet highlighting the deficit in foreign direct investment. Despite agriculture supporting a significant portion of the population and contributing notably...
For micro, small, and medium enterprises (MSMEs) in India, delayed payments can significantly hinder business operations. To combat this issue, the MSME Ministry has established a robust mechanism to address payment delays through the MSME Samadhaan portal. Here's a...
The Indian Retail Market is on the brink of a transformative leap, projected to exceed a staggering $2.2 trillion by 2030. This growth is largely fueled by traditional offline channels, which are expected to account for approximately 90% of...
Industry experts gathered at the Meditech Stackathon 2024 to address import dependency in India's MedTech sector. The event, hosted by the Department of Pharmaceuticals and the CII, aimed to slash imports from 75% to 50% within five years. Stakeholders...
The Indian government is taking significant steps towards establishing a self-reliant electronics industry with its new production-linked incentive (PLI) scheme focused on electronics component manufacturing. This initiative aims to reduce dependence on foreign suppliers like China and Vietnam. This...
The National Symposium on "Food Processing 4.0: Innovation and Sustainability," hosted by Punjab Agricultural University (PAU), recently concluded, marking a significant stride towards revolutionizing food processing technologies. Organized by the Department of Food Science and Technology, this event in...
India's biotechnology sector is a rapidly growing force in the global arena, known for its innovation in healthcare, agriculture, and environmental management. As the industry expands, the need for green manufacturing practices becomes increasingly critical. Sustainable biotech production not...
Good Capital, a Mauritius-based venture capital firm, made a significant announcement on Friday regarding its investment strategy for the fiscal year. The firm disclosed its intention to invest USD 25 million, approximately Rs 200 crore, in Indian AI startups....
In a move highlighting the power of impact investment, Aavishkaar Capital has recently led a funding round that injected Rs 41 crore into Go DESi, a startup from Bengaluru that packages and sells traditional Indian snacks.
Exploring Aavishkaar India Fund...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
