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Thursday, April 3, 2025

Startup

IIT Madras, SPF Partner for Startup Policy Research

In a significant step towards fostering a research-backed, data-driven policy ecosystem for startups, the Indian Institute of Technology Madras (IIT Madras) has signed a Memorandum of Understanding (MoU) with the Startup Policy Forum (SPF). This collaboration aims to bridge...

Advantage Assam 2.0: ₹1.22 Lakh Cr in Investments Secured

The Assam Cabinet has approved investment agreements worth over ₹1.22 lakh crore, paving the way for major projects to be formalized at the Advantage Assam 2.0 Infrastructure and Investment Summit in Guwahati on February 25-26. Strategic Investments for Economic Growth The...

Madhya Pradesh Sets ₹100 Cr Fund to Double Startup Growth

Madhya Pradesh has set an ambitious goal to double its startup ecosystem to 10,000 enterprises within the next five years, MSME Minister Chaitanya Kumar Kashyap announced on February 25 at the Madhya Pradesh Global Investors Summit (MP GIS) 2025. New...

ePlane secures $1B deal to supply eVTOL air ambulances

Indian electric aircraft startup The ePlane Company has secured a non-binding agreement to supply 788 electric vertical takeoff and landing (eVTOL) air ambulances to ICATT, a leading air ambulance service provider. The deal, valued at over $1 billion, is...

Madhya Pradesh Aims for StartUp Growth at Investor Summit

Madhya Pradesh is gearing up for the Global Investor Summit (GIS), scheduled to take place on February 24-25 in Bhopal. The event aims to position the state as a key StartUp and innovation hub. Preparations are underway to attract...

Renewed Call for Angel Tax Removal Ahead of Union Budget

In the lead-up to the Union Budget, the Ministry of Commerce and Industry has once again advocated for the removal of the so-called “angel tax,” arguing that it hampers the growth of India's start-up ecosystem. Rajesh Kumar Singh, Secretary...

Andhra Chamber of Commerce Boosts the Startup Ecosystem

The Andhra Chamber of Commerce has signed a memorandum of understanding (MoU) with the Atal Incubation Centre (AIC) at Anna University Incubation Foundation to strengthen the startup ecosystem and support aspiring entrepreneurs. This strategic tie-up aims to leverage the...

ONDC Onboards 125 Ecosystem Stakeholders to Democratize E-commerce

The Open Network for Digital Commerce (ONDC), an initiative aimed at democratizing e-commerce and making digital commerce accessible to smaller players, recently announced the onboarding of 125 ecosystem stakeholders. These stakeholders include a mix of startups and some of...

Good Capital: Fueling India’s AI Growth

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....

Startup Ecosystem Outlook: India’s Position Amidst Global Shifts

In an unexpected turn of events, India's vibrant startup ecosystem encountered its first hiccup in growth since 2017, marking a slight decline in the number of unicorns - startups valued at $1 billion or more. According to the latest...

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MahaCollab Unites Stakeholders for Circular Textiles

The World Trade Center (WTC) Mumbai, All India Association of Industries (AIAI), and Tisser Artisans Trust jointly hosted ‘MahaCollab,’...