Startups News

 The government wants to encourage investment in every part of the country so that innovation can thrive anywhere. According to the release, the scheme is "designed to accelerate the next phase of India's startup journey by mobilising long-term domestic capital" and reducing the country's dependence on foreign investment.

In the spirit of Nari Shakti, there has been a significant contribution of women entrepreneurs in the transformation of the Indian startup landscape, the ministry said in the review. More than 48 per cent of the recognised startups in India have at least one woman director.

Of the total approvals, 75 startups were cleared during the 79th Inter-Ministerial Board (IMB) meeting and another 112 during the 80th such meeting held on April 30. 

With climate urgency accelerating and geopolitical competition over energy intensifying, the engineer believes the next decade of engineering must be mission-oriented.

To align more closely with the PM Narendra Modi’s vision of "Startup India," a re-evaluation of procurement policies is essential. 

According to the ONDC, over 150 workshops will be held across tier 2 and 3 cities, targeting key MSME clusters, with special attention to women and SC/ST-led enterprises. 

Major hubs like Bengaluru, Hyderabad, Mumbai, and Delhi-NCR have led this transformation, while smaller cities have increasingly contributed to the nation's entrepreneurial momentum.  

FirstCry's operating income in FY24 was Rs 6,480 crore and the company suffered a loss of Rs 321.5 crore during this period. 

PM Surya Ghar Muft Bijli Yojana: The scheme is being implemented by a National programme Implementation Agency (NPIA) at the National level and by the State Implementation Agencies (SIAs) at the state level.

Department for Promotion of Industry and Internal Trade has created the Startup India Seed Fund Scheme (SISFS) with an outlay of Rs 945 Crore to provide financial assistance to startups.

EdTech startups are playing an increasing role in Indian education system with the growth of the Digital India story.

In August, startups raised about $1.6 billion across 112 deals, which included 27 growth-stage deals worth $1.32 billion and 71 early-stage deals worth $267 million. 

Meanwhile, the Centre approved four startups in the field of technical textiles with a grant of Rs 50 lakh each, along with new courses in various applications. 

There is business in the air and young minds are the ones ruling the race. How suddenly this risk taking spirit has increased? Let’s discover why there is a drastic shift in startups.  

The fund will offer both equity and debt support, specifically targeting high-risk, high-impact activities in the agriculture value chain.

E-commerce major Flipkart secured the highest funding of $350 million from Google.

A stronger startup ecosystem also favours the country. Union Minister Hardeep Singh Puri said on May 20 that India can achieve the 'Viksit Bharat' status even before 2047 with the help of a robust startup ecosystem.

India of 2024 is ready to take a giant leap, backed by its scientific acumen and technological prowess, says Union Minister Jitendra Singh. 

Compliance automation platform Sprinto secured the highest amount of funding of $20 million. 

Among the growth-stage deals, nine startups raised 420.35 million dollars in funding last week