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When innovation took center stage: Entrepreneur Challenge Season 2 celebrates India's brightest startups

YourStory

YourStory · 3m ago

When innovation took center stage: Entrepreneur Challenge Season 2 celebrates India's brightest startups

The Entrepreneur Challenge Season 2, organized by Dell Technologies and YourStory, culminated in a high-stakes showdown in Bengaluru, celebrating India's brightest startups. Featuring women-led startups and general startups, the event shortlisted 11 from over 2,000 applications. Euphotic Labs and AdiUvo Diagnostics emerged as winners, each receiving Rs 16 lakh in Dell Technologies products. The event highlighted camaraderie, learning, and networking, serving as a launchpad for future growth in India's innovation ecosystem.

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Meet The 10 Startups That Gained Spotlight At The Mumbai Edition Of MSH Investor Connect Programme

Inc42 · 1y ago

Meet The 10 Startups That Gained Spotlight At The Mumbai Edition Of MSH Investor Connect Programme

The MeitY Startup Hub's Investor Connect Programme took place in Mumbai, bringing together investors and early-stage startups. The event showcased startups from various sectors, including healthtech, deeptech, and electric vehicles. Over 20 investors attended the event, offering valuable feedback to the featured startups and creating opportunities for collaboration. Discussions between investors and government stakeholders focused on strengthening collaboration and empowering early-stage startups. The MeitY Startup Hub aims to support startups through various initiatives and promote innovation and technology in India's startup ecosystem.

Saudi VC firm Suhail Ventures floats $50 mn fund

VCCircle

VCCircle · 6m ago

Saudi VC firm Suhail Ventures floats $50 mn fund

Saudi Arabia-based Suhail Ventures, founded last year, has initiated a $50 million fund aimed at supporting early-stage, tech-focused startups within the country and the broader Middle East region. Headquartered in Dammam City, the venture capital firm is named after one of the brightest stars and seeks to invest in promising ventures across various sectors.

DPIIT inks pact with GEAPP to support climate-tech startups

Economic Times

Economic Times · 3m ago

DPIIT inks pact with GEAPP to support climate-tech startups

The Department for Promotion of Industry and Internal Trade has partnered with Global Energy Alliance for People and Planet to support early-stage climate-tech startups. This collaboration includes launching the Energy Transitions Innovation Challenge (ENTICE), providing up to $500,000 in rewards for impactful solutions. Investment support will come from partners like Spectrum Impact and Avana Capital, facilitating opportunities for clean energy startups to scale technologies aligned with India’s net-zero objectives.

Titan Capital launches investment vertical to back Indian defence-tech startups

Entrackr

Entrackr · 3m ago

Titan Capital launches investment vertical to back Indian defence-tech startups

Titan Capital launches investment vertical to back Indian defence-tech startups Seed-stage venture capital firm Titan Capital has launched a specialised investment vertical to fund startups innovating in India’s defence and strategic technology space. With this program, Titan Capital is looking to invest in startups working in hardware, aerospace, cybersecurity, and manufacturing. The focus is on national security, supporting deep-tech innovation, generating jobs, and helping India become an exporter of strategic technologies. Kunal Bahl, Co-founder of Titan Capital, said, “We need to back our brightest minds—engineers, researchers, and builders—to create sovereign, dual-use technologies that can shape not just India’s future, but the future of global defence…” As part of this initiative, Titan Capital is also looking to collaborate with veterans from the armed forces, scientists, and experienced technologists who can help assess and guide these investments with strategic insight and domain expertise. Titan Capital has backed over 250 startups to date, including Ola, Razorpay, Urban Company, OfBusiness and Giva. With this new initiative, it hopes to shape the next generation of strategic innovation at the intersection of purpose, tech, and nation-building.

DPIIT, Stride Ventures partner to support startups in their funding requirements

Economic Times

Economic Times · 7m ago

DPIIT, Stride Ventures partner to support startups in their funding requirements

The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with Stride Ventures to support startups with high growth potential by providing funding, strategic mentorship, and market access. This collaboration aims to raise awareness about diverse fundraising options, including venture debt, and support startups from tier-2 and tier-3 cities. Stride Ventures will curate programs and collaborate on initiatives like the Bharat Grand Challenge to promote entrepreneurship and innovation.

Youth Co:Lab challenge 2024-25 to focus on inclusive development for PwDs

YourStory

YourStory · 7m ago

Youth Co:Lab challenge 2024-25 to focus on inclusive development for PwDs

The Atal Innovation Mission, NITI Aayog, and UNDP have launched the 7th Youth Co:Lab National Innovation Challenge, focusing on disability-oriented startups. Supported by Citi Foundation and ATF, the challenge invites young entrepreneurs, including those with disabilities, to innovate in Inclusive Assistive Technology, Accessible Education and Skilling, and Innovative Care Models. Shortlisted startups will receive incubation, mentorship, and seed grants. Applications close January 18, 2025, with winners representing India at the Asia-Pacific Summit.

Funding and acquisitions in Indian startups this week [15-20 Jan]

Entrackr

Entrackr · 1y ago

Funding and acquisitions in Indian startups this week [15-20 Jan]

This week, Indian startups raised a total of $178 million, with two growth-stage and 22 early-stage deals. The funding included investments in startups such as Wow! Momo, OneCard, International Battery Company, StockGro, and FinAGG. Bengaluru-based startups led the city-wise funding deals, followed by Delhi-NCR and Mumbai. Series A stage deals dominated the funding, with 10 deals, followed by pre-Series A, pre-seed, and seed stage deals. Four acquisitions also took place this week, including Cured by Innovaccer, Clientjoy by Synup, ZestMoney by DMI Group, and Kyndi by Qlik.

Impact investor Ankur Capital expects first close of its third fund by December 2023

IndianStartupNews

IndianStartupNews · 1y ago

Impact investor Ankur Capital expects first close of its third fund by December 2023

Ankur Capital, an early-stage venture capital firm, is set to initiate the first close of its third fund in December 2023. The firm plans to invest in two to three startups this financial year using the resources from the new fund. The third fund will be used to invest in approximately 25 startups, with investments ranging between $1-2 million. Ankur Capital focuses on science-driven startups that address real-world problems. The firm currently has 22 startups in its portfolio and aims to support entrepreneurs in creating new categories of innovation.

Michelin, DPIIT join hands for initiative to promote innovation, entrepreneurship

Economic Times

Economic Times · 1y ago

Michelin, DPIIT join hands for initiative to promote innovation, entrepreneurship

French tyre company Michelin has partnered with the Department for Promotion of Industry and Internal Trade (DPIIT) in India to launch the AI Startup Challenge. This initiative aims to promote innovation and entrepreneurship by selecting, mentoring, and collaborating with leading AI startups in the country. The challenge invites startups to submit applications showcasing their capabilities, with the top three startups receiving paid pilot projects from Michelin and the opportunity for long-term global contracts and incubation support. The challenge focuses on areas like manufacturing, supply chain, operating software, and infrastructure.

Content Push: Cabinet Approves Setting Up Of National Centre Of Excellence For AVGC-XR

Inc42 · 11m ago

Content Push: Cabinet Approves Setting Up Of National Centre Of Excellence For AVGC-XR

The National Center of Excellence (NCoE) will be established in Mumbai to provide training and learning programs in AVGC-XR technologies. It will serve as an incubation center and accelerator, supporting startups and early-stage companies in the AVGC-XR field. This initiative aligns with the government's objective of boosting India's AVGC sector to enhance its global market share.

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