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SIDBI Partners with IIM Ahmedabad's CIIE.CO to boost deep tech startups
IndianStartupNews
Ā·
2y ago
Medial
SIDBI has partnered with the Center for Innovation Incubation and Entrepreneurship (CIIE.CO) at the Indian Institute of Management, Ahmedabad (IIM-A) to boost deep tech and scientific innovation in India.
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Startup news and updates: Daily roundup (June 28, 2025)
YourStory
Ā·
1m ago
Medial
YourStory's daily roundup highlights various developments in the Indian startup ecosystem, including Meesho's upcoming IPO and Altimetrik's acquisition of SLK Software. The DPIIT partners with LāOrĆ©al India to support beauty tech startups, while AMD India's collaboration with IISc aims to boost semiconductor startups. Additionally, Infosys Co-founder N R Narayan Murthy establishes an annual scholarship at IIM Ahmedabad to support students with exceptional academic performance.
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Japan's deep-tech startups eye IIT talent
Inshorts
Ā·
1y ago
Medial
At the NEDO IIT-Delhi Japan Deep-Tech Collaboration event, NEDO Director General Takeshi Yoshida shared his plans to partner with IIT Delhi's talented students for Japanese deep-tech startups. NEDO, Japanās national R&D agency since 1980, has supported about 1,000 startups globally with subsidies of up to $18 million. This collaboration aims to boost innovation and growth for both nations.
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IIM Bangalore incubator floats accelerator fund for deep-tech startups
VCCircle
Ā·
1y ago
Medial
The Nadathur S. Raghavan Centre for Entrepreneurial Learning (NSRCEL), the startup incubator of IIM Bangalore, has partnered with Small Industries Development Bank of India (SIDBI) to launch a deeptech-focused pre-seed startup accelerator fund. The corpus of the fund has not been disclosed. NSRCEL aims to support and invest in deeptech and emerging ventures, expanding its role beyond just supporting startups. SIDBI manages a Rs 10,000 crore fund-of-funds for startups and has previously backed VC firms like Blume Ventures and Chiratae Ventures.
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Indian startups no longer need yearly fund allocation, not many have lost unicorn status: Piyush Goyal | Company Business News
Livemint
Ā·
7m ago
Medial
Union Minister Piyush Goyal stated that Indian startups no longer require annual fund allocations, as SIDBI has begun receiving returns, boosting its fund corpus. Despite some startups losing unicorn status due to global financial issues, Goyal emphasized that the government doesnāt influence company valuations. The removal of the angel tax has been praised by startups. With over 1.5 lakh startups, India holds the worldās third-largest startup ecosystem and is favored for deep tech investment.
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BPCL partners with IIMK-Live to bolster startups growth in clean energy, deeptech sectors
IndianStartupNews
Ā·
1y ago
Medial
Bharat Petroleum Corporation Limited (BPCL) has collaborated with IIMK LIVE, the incubation center of IIM Kozhikode, as part of their 'Project Ankur' initiative. This partnership aims to support startups in the clean energy and deep tech sectors by providing incubation, mentorship, and training. BPCL's 'Project Ankur' has already funded over 30 startups and this collaboration will further contribute to nurturing high-quality and potential startups. The initiative is aligned with BPCL's commitment to innovation and a sustainable future in the energy sector.
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World Economic Forum features 10 Indian startups as Tech Pioneers; spacetech wins big
Economic Times
Ā·
1m ago
Medial
The World Economic Forum has recognized 10 Indian startups as 'Technology Pioneers' of 2025. These startups, including Agnikul Cosmos, Digantara, and GalaxEye, are innovating in space tech, electric mobility, robotics, and healthcare. Space startups are notably prominent, highlighting India's growing deep tech ecosystem, especially with contributions to space launches, situational awareness, and earth observation. This recognition is expected to boost global interest and investment in India's tech sector.
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Campus incubators hoping for the next million-dollar startup - The Economic Times
Economic Times
Ā·
6d ago
Medial
Colleges across India, like IIT Madras, IIM Bangalore, and IIIT Hyderabad, are enhancing their startup incubation programs to help student ventures scale and attract funding. IIT Madras, a pioneer, saw significant returns from its investment in startups like Ather Energy. Regional universities are also fostering entrepreneurship. Diverse models of campus-backed startups exist, offering varied support. Venture capitalists are increasingly interested in these incubators, particularly those focusing on deep tech and innovation.
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Budget 2024: Deep Tech Sector Seeks Policy Support, Ethical AI Guidelines
OutlookIndia
Ā·
9m ago
Medial
The upcoming Union Budget in India, to be presented by Finance Minister Nirmala Sitharaman, is highly anticipated as it will be the first budget after the general elections. The deep-tech sector received a boost in the previous interim budget, with a significant investment announced for sunrise technology. The Ministry of Commerce and Industry is also considering specialized policies to foster innovation in deep tech startups. The National Deep Tech Startup Policy is in its final stage of consultation. Expectations are high for measures to support AI development and address the need for ethical guidelines and reskilling initiatives in this budget.
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Early-stage VC Endiya Partners taps domestic LP for third fund
VCCircle
Ā·
1y ago
Medial
Early-stage venture capital firm Endiya Partners has secured a new institutional investor for its third investment vehicle, dubbed Endiya Partners Fund III. With a focus on software-as-a-service, deep-tech, and healthcare startups, Endiya Partners has a strong portfolio including companies like Darwinbox, Cult.fit, Kissht, and Ekincare. Adding a new LP to its fund will help the firm further support early-stage startups in the Indian market.
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Second fund of fundsā first instalment, Startup India Desk in works: Piyush Goyal
Economic Times
Ā·
4m ago
Medial
Commerce and industry minister Piyush Goyal announced that the second fund of funds for startups with a Rs 10,000 crore corpus has been approved, with Rs 2,000 crore to be disbursed this year. A key initiative includes creating a Startup India Desk for support. The fund aims to develop domestic tech solutions and support startups in AI, semiconductors, and deep-tech. The initiative seeks to provide early-stage financial backing for entrepreneurs and boost innovation leadership.
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