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10 Indian AI Startups Go Global with HEC Paris & STATION F
YourStory
·
3m ago
Medial
The Incubateur HEC Paris, in collaboration with the IndiaAI program, is helping ten Indian AI startups scale in European markets. This initiative, endorsed by the Indian Ambassador to France, builds on Indo-French ties in AI and deep tech. Over four months, startups like PrivaSapien, CoRover.ai, and SatSure will receive mentoring and access to EU networks. The program aims to position India as a global AI leader while offering European companies access to Indian digital innovation.
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IndiaAI selects 10 startups for global acceleration programme
Economic Times
·
3m ago
Medial
The IndiaAI Mission, under the ministry of electronics and IT, has selected 10 AI startups for the IndiaAI Startups Global Initiative. This international acceleration program, in collaboration with Station F and HEC Paris, aims to enhance India's AI ecosystem by providing resources, mentorship, and networking opportunities. Over a four-month program, including a three-month residency in Paris, these startups will gain market access and collaborate globally to foster scalable and impactful AI solutions.
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Meta taps Hugging Face for startup accelerator to spur adoption of open source AI models
TechCrunch
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1y ago
Medial
Meta, the parent company of Facebook, has partnered with AI startup Hugging Face and cloud infrastructure company Scaleway to launch an AI-focused startup program at the Station F startup megacampus in Paris. The program aims to promote a more open and collaborative approach to AI development in the French tech industry. This comes at a time when there is a growing debate between open and closed AI development, with major tech companies advocating for more regulation while simultaneously developing powerful AI technologies themselves. The program will support startups working on projects based on open foundation models or those willing to integrate these models into their products and services.
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India played pivotal role in shaping Paris AI summit leaders' statement: Union Minister Ashwini Vaishnaw
Economic Times
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6m ago
Medial
India played a crucial role in the AI Action Summit in Paris, co-chaired by PM Narendra Modi. Union IT Minister Ashwini Vaishnaw highlighted India's strategic advantages in IT, talent, and innovation, positioning it uniquely in the global AI sphere. The summit's leaders' statement emphasized AI infrastructure access, responsible use, diversity, and governance. India is enabling access to AI infrastructure for startups and academia, and is set to host the next AI Summit, asserting its leadership in AI governance.
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TCS to set up first-of-its-kind human-centric AI center of excellence in France
Money Control
·
1y ago
Medial
Tata Consultancy Services (TCS) has announced the establishment of a Global Artificial Intelligence (AI) Center of Excellence in Paris, France. The center will be located in the upcoming TCS PacePort facility and will focus on areas such as brain-computer interface, building empathy in machines, and leveraging AI in arts and culture. The center will tap into France's AI ecosystem and talent base in design and engineering to develop advanced technologies in human-centric AI. TCS aims to deepen partnerships with universities, startups, and research centers in France to operationalize the center.
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India’s billion-dollar AI blueprint: Pratilipi, Zolve, Stellaris, and Google DeepMind to unveil scaling secrets at ET Soonicorns Summit 2025 - The Economic Times
Economic Times
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1m ago
Medial
The ET Soonicorns Summit 2025 is set to take place in Bengaluru, focusing on how Indian startups can scale AI innovations to hit billion-dollar valuations. Despite a dip in funding in 2024, resilience and innovation continue, with key panels discussing the essential strategies for scaling Indian AI startups on a global level. Key topics include capital acquisition, building AI talent, IP ownership, and entering global markets, aiming to redefine India’s AI startup scene.
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Startups have key role to play in space sector: ISRO chairman
Economic Times
·
9m ago
Medial
India's space activities are set to be boosted by the private sector and startups, according to the Indian Space Research Organisation (ISRO) Chairman S Somanath. Speaking at a startup festival, Somanath outlined India's plans to increase its share of the global space market from 2% to $500bn by 2030 and $1.5tn by 2047. He called for increased private sector involvement, citing the potential for at least 500 satellites in space, and highlighted the growing number of space startups and investments in the sector. ISRO also plans to collaborate with the private sector on future projects, including the Gaganyaan mission and the Indian Space Station.
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70% of 229 startups in Y Combinator’s 2023 summer batch are B2B SaaS companies
Economic Times
·
1y ago
Medial
Y Combinator's 2023 summer batch includes over 200 startups, with 70% in the B2B SaaS sector. AI plays a prominent role in this cohort due to recent AI advancements. The startups cover various sectors, with 10% in fintech, 10% in healthcare, 6% in consumer, and 4% in proptech/industrials. Demographically, 16% have Asian founders, 12% are South Asian, and there's diversity in gender representation. Y Combinator has been actively investing in Indian startups, and Indian firms have been prominent in its top companies list. The accelerator is focusing on early-stage investments, winding down its late-stage fund.
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PM Modi calls for self-reliance in space sector; industry sees growth ahead - The Economic Times
Economic Times
·
14d ago
Medial
Prime Minister Narendra Modi emphasized self-reliance in India’s space sector during the 79th Independence Day address, highlighting space reforms' impact, with around 300 startups employing thousands. He discussed the planned Gaganyaan mission and India's future space station, Bharatiya Antariksha Station (BAS). Industry leaders welcomed Modi's push, foreseeing growth in the $44 billion space economy. Former ISRO chairman S Somanath noted the sector’s expansion, job creation, and scientific contributions, boosted by supportive policies and global collaborations.
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US startup Axiom Space explores using Indian rockets for space mission
VCCircle
·
9m ago
Medial
Axiom Space, a US startup constructing a private space station, is considering using Indian launch vehicles for its missions. Axiom Space aims to replace the International Space Station (ISS) in the future and is exploring options to diversify its supply chain. The company is in discussions with India's space agency, ISRO, and private Indian launch companies to identify the best fit for its missions. Additionally, Axiom Space is also exploring collaborations with European nations. India recently opened its space sector to private players and created a venture fund to support space startups.
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2am VC launches Fund II to invest in 30 Indian startups
Entrackr
·
5m ago
Medial
2am VC launches Fund II to invest in 30 Indian startups 2am VC, an early-stage India-only venture capital firm, has announced the formal launch of 2am VC Fund II. The fund will invest in innovative areas generated by the New India opportunity, including startups in consumer tech, fintech, food & beverage, AI, and global SaaS. According to 2am VC, Fund II plans to invest in up to 30 Indian startups, predominantly at the pre-seed to seed stage, aspiring to lead investment rounds and take meaningful ownership in companies to provide operational value to founders. 60% of the fund will be committed to initial investments, leaving 40% to support founders in follow-on investments. 2am VC connects global investors with Indian founders as a hyperlocal partner, curating deal flow for global investors into the next generation of Indian founders while unlocking global resources for Indian founders to reach international networks and opportunities. The firm is dedicated to speed, transparency, founder-friendliness, and cross-border synergies, blending operational agility and institutional processes to effectively secure deals and go above and beyond to support founders. 2am VC states that it examines the key elements driving the New India, as founders build companies to tap into uniquely Indian contexts to better serve Indian end-users. The maturation of foundational models is giving way to new niche categories that meet emerging needs. The firm goes the extra mile to support founders as their hyperlocal and hyperglobal partners by introducing key relationships, arranging customers, and offering targeted guidance to support growth and achieve product-market fit. 2am VC has closed a $10 million Fund I. To date, 2am VC has invested in 47 companies, including notable startups such as NEWME, Apna Mart, Bimaplan, and Karbon Card, among others. Launched in 2021 by Hershel Mehta and Brendan Rogers, 2am VC is an early-stage Indian venture capital firm investing in innovative startups. With offices in Mumbai, Bengaluru, Delhi NCR, and Los Angeles, 2am VC blends the best of both East and West through the firm’s India Beachhead Strategy.
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