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One Million Start-Ups, Full AI Adoption: Nilekani’s Blueprint for $8 Trillion Indian Economy
OutlookIndia
·
4m ago
Medial
Infosys cofounder Nandan Nilekani outlined a vision for India to reach a GDP growth of 8% and an $8 trillion economy by 2035. He anticipates one million start-ups will emerge, primarily from non-metro areas, growing at 20% annually. Key strategies include full adoption of AI, land monetization, easing regulations, and empowering MSMEs. Nilekani emphasizes using AI in priority sectors to boost efficiency and unlock economic potential, highlighting the importance of Gen Z in this transformation.
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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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US-based Pienza Ventures to offer accelerator initiative for Indian B2B startups
Livemint
·
1y ago
Medial
Seattle-based venture fund Pienza Ventures is investing $5 million in SAAS-based B2B Indian start-ups. The fund aims to facilitate market access to the US, the world's largest start-up ecosystem, through its accelerator program. Pienza will provide personalized, one-to-one mentoring and strategic guidance to a limited number of companies. The fund plans to focus on market readiness, early access to customers, and on-ground immersion in the US. Pienza is looking for B2B SAAS or AI companies with 5 to 10 early customers and/or $500k in annual recurring revenue. India's start-up ecosystem is robust, attracting over $8 billion in funding in 2023 alone.
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TiE Delhi-NCR’s India Internet Day 2025 Celebrates Indicorn Surge; AI, Fintech & More Discussed
OutlookIndia
·
3m ago
Medial
India Internet Day 2025, organized by TiE Delhi-NCR, gathered policymakers, investors, and tech leaders to discuss India's digital future. The event aimed to propel India toward its $1 trillion digital economy target by 2030. Discussions centered around AI, fintech, 5G, and digital public infrastructure. The growing digital economy is projected to account for one-fifth of India's GDP by 2029, with rural internet adoption playing a crucial role in achieving this growth.
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UP is Betting on Tech, Start-Ups to Fuel $1-Trillion Economy Goal, Says State's Top Official
OutlookIndia
·
1m ago
Medial
Uttar Pradesh is focusing on tech-driven initiatives to reach a $1 trillion economy, capitalizing on its cultural heritage and strategic locations like Noida and Jewar. Anurag Yadav, Principal Secretary, highlights UP's strengths in infrastructure and education, and the state's efforts in promoting start-ups and semiconductor projects. The state offers competitive business incentives and policies to balance urban development with heritage preservation, aiming to support a technology-led growth while maintaining its cultural heritage.
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Indian start-ups see renewed investor interest; funding rises 23% amid cautious optimism: Report
Business Today
·
4m ago
Medial
Indian start-ups are witnessing a surge in investor interest, with a 23% increase in funding and a 27% rise in deals. The growth is driven by a 2.1X increase in new tech start-ups, bringing the total to 32,000-35,000. In 2024, tech funding reached $7.4 billion, with deeptech investments growing by 78%, primarily led by AI start-ups. Six new unicorns emerged with a combined $220 billion+ valuation, and tech IPOs tripled.
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Accenture, NVIDIA announce new business group to help enterprises scale AI adoption
Money Control
·
10m ago
Medial
- Accenture and NVIDIA have formed a new business group to help enterprises scale their AI adoption. - The Accenture-NVIDIA Business Group will focus on reinventing processes and scaling enterprise AI adoption with AI agents. - The group aims to accelerate momentum with Generative AI (Gen AI) and drive new levels of productivity and growth. - Accenture's AI Refinery, which utilizes the full NVIDIA AI stack, will help clients lay the foundation for agentic AI functionality. - Accenture's Gen AI bookings have been steadily increasing, with $1 billion in new bookings in Q4 alone. - Accenture will also debut an agent blueprint for virtual facility robot fleet simulation to enable autonomous, robot-operated software-defined factories.
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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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Infosys cofounder Nandan Nilekani predicts that India will have one million startups by 2035
Economic Times
·
4m ago
Medial
Infosys cofounder Nandan Nilekani predicts that India will have one million startups by 2035, driven by a 20% annual growth in the startup ecosystem. Addressing economic disparities, Nilekani emphasizes leveraging AI, capital, entrepreneurship, and economic formalization. He highlights initiatives like the Open Agri Network and AI-driven education to empower sectors like farming. He also stresses enhancing credit access through the Account Aggregator system and proposes measures to boost formalization and market access for MSMEs to achieve an $8 trillion economy.
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Lights, Camera, Investment: Is Indian Angels wading into risky waters by letting audience invest in startups?
OutlookIndia
·
1y ago
Medial
Indian Angels, a reality show airing on Jio Cinema, claims to be the world's first angel investment show on OTT. The show features start-up founders pitching their businesses to a panel of angel investors, and viewers can also invest in the participating start-ups. While the concept is innovative, concerns have been raised about the potential risks and lack of transparency. The show's makers emphasize that viewers bear full responsibility for their investments, and due diligence is conducted on the start-ups. Striking a balance between entertainment and responsible financial engagement is crucial for the show's credibility and success.
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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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