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K'taka govt ready to be startups' 1st customer: State IT Minister

InshortsInshorts · 1y ago
K'taka govt ready to be startups' 1st customer: State IT Minister
Medial

Priyank Kharge, Minister of IT, BT, and Rural Development and Panchayat Raj for the Government of Karnataka, shared the state government's five-point plan to boost the startup ecosystem. This plan includes forming a skill advisory committee, establishing centers of excellence, creating a global innovation alliance, expanding startup growth beyond Bengaluru, and improving ease of doing business. Kharge emphasized the importance of focusing on value and solving real-life problems rather than chasing valuation. The Karnataka government has implemented various initiatives such as the Elevate program and a state startup policy to support startups. Additionally, Kharge highlighted the government's efforts to encourage entrepreneurship outside of Bengaluru and facilitate direct access to venture capitalists.

30 Startups To Watch: Startups That Caught Our Eyes In September 2024

Inc42Inc42 · 9m ago
30 Startups To Watch: Startups That Caught Our Eyes In September 2024
Medial

- This edition of '30 Startups to Watch' highlights innovative young companies from various sectors like deeptech, SaaS, semiconductors, D2C, spacetech, AI, fintech, and healthtech. - Only six out of the featured startups have raised more than $2 Mn, while the majority are either bootstrapped or have raised under $1 Mn. - Bengaluru is the location for nearly 60% of the startups in this edition, followed by Delhi NCR. - The focus is on showcasing the most exciting and promising startups that are gaining momentum in the market. - The edition provides a valuable opportunity for investors, entrepreneurs, and industry experts to discover new and potential business ventures. - Each featured startup brings unique solutions and technologies that have the potential to disrupt their respective industries.

Fundalogical Ventures launches first edition Of FV Trailblazers

EntrackrEntrackr · 6m ago
Fundalogical Ventures launches first edition Of FV Trailblazers
Medial

Fundalogical Ventures launches first edition Of FV Trailblazers Fundalogical Ventures (FV), an investment platform focused on sustainable supply chains, logistics, and peripheral sectors in India, has launched the first edition of FV Trailblazers, an early growth program designed to propel promising companies to industry leadership. The program offers selected companies access to up to $5 million in growth capital, invaluable 1:1 mentorship, strategic guidance, and extensive networking opportunities. FV Trailblazers focuses on a wide array of sectors critical to India’s growth story and the country’s evolving supply chain and logistics landscape. These include optimizing sourcing/procurement and inventory management, manufacturing innovation, warehousing services, automation and robotics, 3PL/4PL services, e-commerce enablers, and reverse supply chain management. According to Fundalogical Ventures, the fund has a keen focus on sustainability, including the growing importance of green logistics, encompassing the entire EV ecosystem, and promoting a circular economy through efficient waste management practices, including plastic waste, e-waste, and battery waste recycling. FV says that this program is designed to provide not only capital but also the strategic guidance and network access necessary to navigate the complexities that fast-evolving businesses demand. It combines its deep domain expertise with the innovative spirit of these companies and drives significant advancements in India’s supply chain ecosystem. The fund is anchored by industry leaders such as Krishna Kotak, Tushar Jani, Suryakant Parekh, Khalid Vohra, and Mehernosh Currawalla, while the management is led by Ratna Mehta.

Massive Earth Foundation announces fourth edition of climate tech accelerator LowCarbon.Earth

EntrackrEntrackr · 1y ago
Massive Earth Foundation announces fourth edition of climate tech accelerator LowCarbon.Earth
Medial

The Massive Earth Foundation (MEF), in collaboration with the United Nations Environment Programme (UNEP), has launched the fourth edition of the Low Carbon Earth Accelerator (LCE) program, LowCarbon.Earth 2024. LCE empowers climate tech startups in the Asia-Pacific region to tackle the shared challenges of climate change, nature loss, and pollution. For the 2024 program, LCE seeks applications from startups that are working in clean air, agri-food, sustainable mobility, digital innovation, renewable energy, and plastic pollution. Women-led startups and startups that are women-focused and that benefit underserved communities are strongly encouraged to apply. Led by Shailesh Vickram Singh, LCE equips startups with the tools and connections needed to scale their innovative solutions. It offers online training workshops, virtual bootcamps, mentorship sessions, networking events, and seminars. Additionally, finalists get an opportunity to pitch to potential investors and receive one-on-one mentorship from industry leaders in a demonstration-day finale. The 2023 edition of LCE saw the participation of 67 startups, 14 of which made it to the finale. The finalists included seven women founders. The Massive Earth Foundation (MEF) is a non-profit organization building a climate tech ecosystem by uniting investors, VCs, founders, startups, policy makers, and institutions into a vibrant synergy.

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