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Green Startups: Powering A Sustainable Future

Inc42Inc42 · 1y ago
Green Startups: Powering A Sustainable Future
Medial

The Indian startup ecosystem is witnessing a rise in green startups that focus on sustainability in sectors like renewable energy, waste management, and eco-friendly transportation. These startups are also seeking green finance, which prioritizes environmental, social, and governance (ESG) criteria. Sustainable transportation startups are working on electric vehicles (EVs), charging infrastructure, and shared mobility services. Agritech startups are promoting sustainable farming practices through technologies for precision agriculture and organic farming. While these startups face challenges, including funding constraints and regulatory hurdles, government initiatives and collaborations offer support for their growth and impact.

Razorpay, CRED, Swiggy among 30 startups in Startup Policy Forum

EntrackrEntrackr · 10m ago
Razorpay, CRED, Swiggy among 30 startups in Startup Policy Forum
Medial

India’s startup ecosystem has gained a unified platform with the launch of the Startup Policy Forum (SPF), an industry alliance designed to promote collaboration between policymakers and leading ventures. SPF brings together 30 of India’s leading startups across varied sectors, including Razorpay, CRED, Pine Labs, Groww, OYO, Swiggy, Practo, Dream11, MPL, Cars24, CarDekho, Acko, Ixigo, Livspace and Jupiter. "Our startups are driving transformative change by democratizing business and converting job seekers into job creators. We are glad to see many founders joining the Startup Policy Forum (SPF), which should reinforce India’s global leadership in the new-age economy. The forum should play a pivotal role in India’s journey to become Viksit Bharat by 2047 under the visionary leadership of Prime Minister Shri Narendra Modi," said Piyush Goyal, Minister of Commerce and Industry. Founded by former Peak XV executive and public policy expert Shweta Rajpal Kohli, the Forum will do initiatives to promote India’s startup ecosystem on a global stage. The Forum will limit its members to 100 select startups in its initial phase. Over 30 rapidly growing startups have already signed up as members. These include companies like Razorpay, CRED, Pine Labs, Groww, Acko, OYO, Swiggy, Practo, Dream11 and MPL, Cars24 and Cardekho, CureFoods, Livspace, Ixigo, Ultrahuman, Digantara, Invideo, Jupiter, OneCard, Mobikwik, Yubi, platform Progcap, Bluestone among others. The Forum aims to foster constructive collaboration between founders, policymakers, and regulators. SPF will use the government’s initiatives to position Indian startups on a global platform. SPF has also established four specialized councils: the Fintech Policy Council (FPC), Consumer and Commerce Council (CACC), Emerging Tech & AI Council (ETAC), and New-Age Public Companies Council (NPCC). These councils will focus on critical areas within the startup ecosystem, collaborating closely with relevant regulators and stakeholders to address unique challenges and opportunities in each sector.

VCs Bet Big On AI To Drive The Next Wave Of Startup Success

Inc42Inc42 · 12m ago
VCs Bet Big On AI To Drive The Next Wave Of Startup Success
Medial

- VC firms are investing heavily in AI/ML startups, with global private funding expected to rise to $158.4 Bn by 2025. - India's AI market is projected to reach $17 Bn by 2027, driven by enterprise tech spending on AI tools and talent. - Ecommerce startups leveraging AI for personalization and customer support have attracted $561 Mn in funding. - Strategic focus, agile monitoring, and competitive vigilance are critical for success in the AI-first ecosystem. - Investments in enterprise automation and verticalized assistance for services outsourced to India are growing trends. - Opportunities around quantum computing, AI DevOps, and autonomous databases are set to shape the future of startups and legacy players.

Setting a new standard in startup investment: Turbostart launches TS Bridge on its fifth anniversary

Economic TimesEconomic Times · 11m ago
Setting a new standard in startup investment: Turbostart launches TS Bridge on its fifth anniversary
Medial

Turbostart, a startup ecosystem platform, has launched TS Bridge, a platform that connects investors with vetted startups. TS Bridge offers two investment categories, Scout and Rise, to cater to different growth stages of startups. Turbostart's five Centres of Excellence (COEs) in technology, marketing, sales, design, and strategy provide support to portfolio companies. The launch event included discussions on fostering innovation and entrepreneurship in Karnataka. TS Bridge aims to transform angel investing by providing a co-investment platform with comprehensive due diligence reports and real-time portfolio tracking. It aims to create a more transparent and accessible startup investment ecosystem.

TCS expects greater use of predictive intelligence in aviation to cut emissions, improve efficiency | Mint

LivemintLivemint · 1y ago
TCS expects greater use of predictive intelligence in aviation to cut emissions, improve efficiency | Mint
Medial

Companies in the aviation industry are increasingly turning to predictive intelligence solutions to enhance efficiency and reduce carbon emissions. Tata Consultancy Services (TCS) revealed a rise in interest for predictive intelligence solutions that can address engine efficiency, maintenance and repair, and supply chain issues. TCS expanded its partnership with Rolls-Royce to explore hydrogen fuel system technology to decrease carbon emissions. The aviation industry is also facing supply chain challenges due to limited aircraft availability and global events impacting the supply chain ecosystem. Predictive intelligence can help assess potential impacts on supply chains caused by external events.

IBV and FedTech unveil Indo-US launchpad to boost Indian startups

EntrackrEntrackr · 1y ago
IBV and FedTech unveil Indo-US launchpad to boost Indian startups
Medial

Indusbridge Ventures (IBV), a defense technology-focused company, has joined forces with US-based deep-tech venture builder FedTech to introduce the ‘I2A Launchpad’ program. This new initiative, called the India to America (I2A) program, aims to support Indian dual-use startups. This collaboration aims to connect Indian startups with the U.S. dual-use technology ecosystem, fostering innovation and commercialization in critical and emerging technologies across both countries. The I2A Launchpad will offer Indian startups a go-to-market pathway, providing access to US government and commercial customers, strategic investors, and defense companies. It will also provide ongoing support and mentorship to help startups scale in the US. The program will open doors to opportunities within the Department of Defense (DoD), space agencies, commercial aerospace, and government technology sectors. The first cohort, consisting of 10-15 startups, is set to launch in October 2024. With India’s defense budget at $75 billion and defense exports projected to reach $5 billion, participants will benefit from expert mentorship, strategic workshops, and valuable networking. The initiative will help startups navigate the complexities of the DoD ecosystem, ensure US regulatory compliance, develop market entry strategies, refine business models, and establish connections with key players in the US technology sectors.

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