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News on Medial
How Bengaluru start-ups turn wastewater into a resource
Money Control
·
1y ago
Medial
Start-ups in Bengaluru are turning wastewater into a valuable resource. S Vishwanath of Biome has been collecting and reusing rainwater, as well as recycling greywater for horticulture and rooftop farming. Other entrepreneurs have created start-ups to address different aspects of the water chain, such as treating excess water from sewage treatment plants and selling it to bulk users like developers. The challenge lies in ensuring that lakes get enough water while also meeting the needs of commercial users. The article emphasizes the need for collaboration among different organizations to unlock the value of wastewater and create a sustainable water management system.
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AI2 Incubator scores $200M in compute to feed needy AI startups
TechCrunch
·
1y ago
Medial
AI2 Incubator, a start-up accelerator spun out of AI research organization the Allen Institute for AI, has secured $200m worth of computing resources to offer to start-ups in its incubator program. The dedicated AI-style compute can help early-stage companies accelerate their development and overcome resource constraints. Start-ups in AI2 Incubator's portfolio or program can access up to $1m worth of computing at data centers owned by a yet unnamed partner. The initiative aims to help start-ups showcase early traction and bring their AI products to market faster.
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Bengaluru has the largest number of life science start-ups: Kiran Mazumdar-Shaw
Business Today
·
2y ago
Medial
Bengaluru has the largest number of life science start-ups, says Indian billionaire Kiran Mazumdar-Shaw, and not Hyderabad. In the latest episode of a podcast series hosted by Nikhil Kamath, Shaw said, “Bengaluru is good at launching new innovative biotech ventures. There are many, many companies. In fact, Bengaluru is home to the largest number of life science start-ups in the country.”
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VC Push for Asset Financing, Venture Debt to Fund Deeptech Start-ups
OutlookIndia
·
7m ago
Medial
The article discusses how venture capitalists are advising deeptech start-ups in India to explore alternative funding options such as asset financing and venture debt. The deeptech sector in India has seen substantial growth, with the number of start-ups expected to increase from 3,600 to nearly 10,000 by 2030. Traditional funding options may not be suitable for deeptech start-ups due to the longer development and commercialization timelines. Investors suggest that different funding options can help bridge the gap and support the growth of deeptech start-ups.
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Kerala Startup Mission to host AI conclave with Google on June 14
Inshorts
·
1y ago
Medial
KSUM, the state government's nodal agency for entrepreneurship development and incubation activities, is organising an AI conclave in collaboration with Google for Start-ups on June 14 at Technopark in Thiruvananthapuram. The event aims to assist start-ups in quickly integrating generative AI solutions into their products through a series of multi-format sessions designed by Google for Start-ups.
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Founders Club Launches Market Access Focused Accelerator Program
OutlookIndia
·
1y ago
Medial
The Circle FC has brought ten Korean start-ups into the KSC India 2023 program, providing them with opportunities to connect with Indian stakeholders and immerse themselves in the ecosystem. The program aims to support Korean start-ups in achieving global market access through collaboration with local accelerator partners. These start-ups represent various sectors and will benefit from market entry support, mentorship, product localization, and more. The Circle FC is focused on helping these start-ups showcase their innovations and make a significant impact in the Indian market.
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Indus Appstore And Start-Up India Collaborate To Launch Indus Appstore Emerging Start-Up Awards
OutlookIndia
·
1y ago
Medial
PhonePe's Indus Appstore, in collaboration with Start-up India, has launched the Indus Appstore Emerging Start-up Awards. The awards aim to recognize and celebrate innovative start-ups in sectors like Fintech, e-commerce, social impact, HealthTech, AgriTech, and gaming. Eligible start-ups must be registered under Start-up India, operational for at least one year, and have their applications listed on the Indus Appstore Developer Platform. Winners will receive a cash prize and entry into the Indus Accelerate Program. Start-ups can apply by uploading their app on the Indus Appstore and completing the required questionnaire on the Start-up India website.
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70% Of start-up founders are embedding artificial intelligence in their solutions
OutlookIndia
·
1y ago
Medial
The article discusses the findings of the Nasscom-Zinnov report on the Indian tech start-up ecosystem in 2023. Despite global challenges, Indian tech start-ups have focused on enhancing their business fundamentals and profitability. Deep tech adoption has become mainstream, with start-ups leveraging it for efficiency and cost reduction. The report also highlights the diversification of start-ups into tier II and III locations and the stability of sectors like Automotive, Industrial, and Manufacturing. Looking ahead to 2024, founders expect continued revenue growth and an increased emphasis on B2B tech start-ups. Deep tech investments and the integration of AI are anticipated to drive innovation.
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StartUp Sphere 2024 highlights ICAI’s impact on India’s economic growth, innovation; launches start-up and MSME yatra
Business Today
·
1y ago
Medial
The Institute of Chartered Accountants of India (ICAI) launched StartUp Sphere 2024 in Bengaluru, aiming to connect start-ups with industry experts, investors, and influential partners. Supported by various organizations, including Startup India and MeitY Startup Hub, the event provided a platform for networking, discussing trends, and showcasing innovations. ICAI President Ranjeet Kumar Agarwal emphasized their commitment to supporting the start-up ecosystem with mentorship, capital access, and training programs. Additionally, ICAI inaugurated the ICAI MSME and Startup Yatra, which will travel to 100 cities to promote financial and tax literacy among MSMEs and start-ups.
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PedalStart Launches Series-2 Internal Company Fund Of $250,000 To Support Early-Stage Start-Ups
OutlookIndia
·
1y ago
Medial
PedalStart, a start-up accelerator, has launched its Series-2 Internal Company Fund, with $250,000 allocated to support early-stage start-ups. The fund aims to provide capital to 5-7 promising start-ups that have shown progress and execution in the previous three to six months. PedalStart will select recipients through a rigorous vetting process, focusing on execution and performance. The founders of PedalStart believe the fund will accelerate growth and allow start-ups to realize their visions. The accelerator has grown to include 10,000 start-ups, over 300 mentors, and 800 founders since its establishment in 2021.
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India-Canada crisis spells trouble for Indian start-ups eyeing Canada as gateway to North American market
Business Today
·
1y ago
Medial
The deepening diplomatic tensions between Canada and India may impact Indian start-ups that view Canada as a strategic entry point to North American markets. The visa ban imposed by Canada could hinder trade and business opportunities, causing start-ups to explore alternative markets. Some Indian start-ups may opt to focus directly on the US market instead. The Canada-United States-Mexico Trade Agreement (CUSMA) offers reduced trade barriers and increased market access for start-ups, facilitating expansion and growth opportunities. The ban may also discourage Indian students from choosing Canadian universities.
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