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Tally Solutions Partners Kerala Startup Mission To Enhance Technology Adoption Among Startups
Inc42
·
9m ago
Medial
Tally Solutions has partnered with Kerala Startup Mission (KSUM) to provide business management solutions and learning sessions for startups. The collaboration also aims to promote technology adoption among emerging businesses and offer training to new-age tech companies in Kerala. KSUM is a nodal agency established in 2015 to support the startup ecosystem by providing infrastructure, funding, and other resources.
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DPIIT signs MoU with HDFC Bank, Tally Solutions to assist startups
Economic Times
·
7m ago
Medial
The Department for Promotion of Industry and Internal Trade (DPIIT) has entered into agreements with HDFC Bank and Tally Solutions to support the growth of startups. HDFC Bank will provide customized banking and financial products to startups, including working capital, credit access, and cash flow management. Tally Solutions will offer training and free one-year rental licenses of its software for participants to enhance their business management skills. These collaborations aim to address challenges such as funding and financial management, promoting innovation and success among startups.
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Kerala Startup Mission invests Rs 15Cr in energy transition VC firm
YourStory
·
9m ago
Medial
The Kerala Startup Mission (KSUM) has invested INR 15 crore in Transition VC, India's first venture capital fund focused on energy transition. The investment aims to support clean energy startups and accelerate Kerala's goals of achieving 100% renewable energy by 2040 and net carbon neutrality by 2050. The partnership will provide financial support, mentorship, and global networks to deep-tech startups working on energy transition solutions. This investment is seen as a significant step towards driving Kerala's energy transition and positioning the state as a leader in renewable energy adoption.
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Kerala-based agritech firm uFarms earns UK startup visa
Economic Times
·
1y ago
Medial
A Kerala-based agri-tech firm called uFarms.io has secured the UK Startup Visa, which is awarded to innovative startups that contribute to the UK economy. The company, incubated under the Kerala Startup Mission (KSUM), partnered with Uptown Urban Farms in Kerala to establish the state's largest fully-automated hydroponic farm. uFarms.io has received grants and awards for its groundbreaking solutions, including the Nidhi Prayas Grant and the EY Climathon Runner-up award. The company aims to bridge the gap between innovation and agriculture to promote sustainable farming.
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Kerala Budget 2024: INR 90 Cr set aside to fuel local startup ecosystem
Inc42
·
1y ago
Medial
The Kerala government has allocated a budget of INR 90.52 Cr ($12.5 million) for the Kerala Startup Mission to support and promote startups in the state. The funds will be used for the establishment of a Technology Innovation Zone, youth entrepreneurship development programs, and the acceleration of startup investments through the Fund of Funds scheme. The government aims to provide support to local retailers to overcome the challenges posed by ecommerce giants by forming groups and providing them with technology assistance.
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DPIIT joins hands with Startup Policy Forum to establish India as global innovation hub
Economic Times
·
7m ago
Medial
The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with the Startup Policy Forum (SPF) to bolster India's startup ecosystem and position it as a global innovation hub. The collaboration aims to empower innovators and entrepreneurs, enhance technology adoption, and promote manufacturing capabilities. Events like SPF Startup Baithak will facilitate international relationships and connect global investors with Indian startups. SPF includes major industry players like Razorpay, Cred, and Swiggy among others.
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Netrasemi, Sustainiam raise pre-Series A funding
VCCircle
·
8m ago
Medial
Kerala-based semiconductor startup, Netrasemi, and climate-tech startup, Sustainiam, have successfully raised pre-Series A funding. Netrasemi secured Rs 10 crore ($1.18 million) in funding from Unicorn India Ventures to develop advanced machine learning chips for IoT devices with Edge AI technology. Sustainiam raised $1.45 million (Rs 12.3 crore) in funding led by Orios Venture Partners to launch a technology-driven exchange and expand their carbon management and sustainability solutions globally.
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Emerging Tech Hub will be set up at Rs 350 Cr, says CM
YourStory
·
4m ago
Medial
Kerala Chief Minister Pinarayi Vijayan announced the establishment of an Emerging Technology Hub in Thiruvananthapuram, focusing on Artificial Intelligence (AI) with an investment of Rs 350 crore. The initiative, spearheaded by the Kerala Startup Mission, aims to integrate AI across sectors like agriculture, healthcare, and energy. Additionally, the state plans to introduce AI-specific courses, develop a deep-tech ecosystem, and organise a national-level AI hackathon, fostering innovation and entrepreneurship in AI-related fields.
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BQP Raises $5M Oversubscribed Seed Round Following Pilot Agreement with Air Force Research Lab for Quantum-Accelerated Digital Twin Platform
StartupTalky
·
21d ago
Medial
BQP, a quantum-accelerated simulation software company, raised an oversubscribed $4.9M seed round. The funding will expand its digital twin platform, BQPhy®, in mission-critical sectors like aerospace, defense, and semiconductors. Backed by Monta Vista Capital and others, BQP partners with the Air Force Research Laboratory and key industry players to enhance mission-critical modeling with quantum computing. Their technology aims to significantly boost simulation performance, paving the way for future quantum-native solutions in various industries.
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Genrobotics chosen among top three Indian startups at global AI summit
Economic Times
·
1y ago
Medial
Genrobotics, a Kerala-based startup known for using technology for social impact, was recognized among the top three AI startups in India at the Global Partnership on Artificial Intelligence (GPAI) Summit 2023. The company's G-gaiter Robotic Technology, an AI-powered robotic gait trainer for rehabilitation, won the award in the 'AI Game Changers' category. Genrobotics was acknowledged for its innovation in healthcare, helping individuals regain mobility after conditions like stroke or spinal injury. The technology has already received other accolades, including the Medicall Made in India Innovation 2023 Golden Award.
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Kerala Startup Mission prepares for largest beachside startup conclave
Economic Times
·
1y ago
Medial
Kerala Startup Mission (KSUM) is set to host the Huddle Global conclave from November 16, inaugurated by Chief Minister Pinarayi Vijayan. With an expected 15,000 delegates, the event will showcase cutting-edge products from sectors like robotics, AI, blockchain, and more. The expo will provide 100-plus startups an opportunity to display their products and engage with industry experts. The conclave highlights Kerala's transformation into a knowledge economy and its vibrant startup ecosystem.
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