The Mumbai Bench of the National Company Law Tribunal (NCLT) has delivered a crucial ruling regarding the applicability of interest under the Micro, Small, and Medium Enterprises Development Act, 2006 (MSMED Act) in the context of the Insolvency and...
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 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...
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...
In its latest electoral manifesto, the Bharatiya Janata Party (BJP), led by Prime Minister Narendra Modi, has pledged significant support. It aims to extend health insurance coverage to seniors. Additionally, the BJP Manifesto plans to provide affordable insurance options...
In a significant move to bolster the Micro, Small, and Medium-scale Enterprises (MSMEs) sector, the Central Government of India has initiated a strategic project to develop a technology centre in Coimbatore. This initiative, with an impressive budget of ₹167.82...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
