Startup

Kunal Bahl’s Titan Capital Launches New Investment Vertical to Support India’s Defence-Tech Startups

In a bold move aimed at accelerating India’s defence capabilities, Titan Capital, one of the country’s most active seed-stage venture capital firms, has launched a dedicated investment vertical focused on defence-tech startups. This new initiative comes at a time when geopolitical tensions are rising, and innovations in fields like AI, drone warfare, and satellite systems are reshaping the…
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Startup

Piyush Goyal Hits Back at Congress Over Startups Row: A Call for Innovation, Not Grocery Delivery

Union Minister Piyush Goyal recently found himself at the center of a heated debate following comments he made about the Indian startup ecosystem. The controversy erupted when Goyal suggested that Indian startups should shift their focus from small-scale industries, like grocery delivery apps, to high-tech sectors such as semiconductors, AI, robotics, and machine learning. His remarks were…
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BusinessNews

Japan: A Key Player in India’s Economic Growth with $43 Billion FDI

India and Japan have built a strong economic relationship over the years, with Japan now being one of the biggest investors in India. In a recent address at the India-Japan Economy and Investment Forum, Union Minister of Commerce and Industry, Piyush Goyal, emphasized the importance of this strategic partnership and how it is shaping India’s economic future. India-Japan Partnership: More Than…
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BusinessStartup

OfBusiness Launches Nexizo: An AI-Powered Platform to Boost Indian SMEs in Infrastructure and Manufacturing

OfBusiness, the fast-growing B2B marketplace for businesses in India, has just unveiled a game-changing AI-powered platform called Nexizo. This new platform aims to help small and medium-sized enterprises (SMEs) in the infrastructure and manufacturing sectors streamline their operations, discover market opportunities, and manage procurement more effectively. With its unique features and a focus on…
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Startup

DPIIT Teams Up with boAt to Boost Innovation and Support Indian Startups

Introduction: In a big win for Indian startups, the Department for Promotion of Industry and Internal Trade (DPIIT) has joined forces with boAt, the popular Indian audio and wearables brand. This partnership is set to give a major boost to startups across the country, especially those in Direct-to-Consumer (D2C) and manufacturing sectors. With a focus on fostering innovation, providing resources…
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BusinessNews

Zetwerk Secures $90 Million to Fuel Global Expansion, Now Valued at $3.1 Billion

Zetwerk, the innovative manufacturing platform, has raised a massive $90 million in a new funding round, bringing its valuation to $3.1 billion. The investment round, led by prominent investors Rakesh Gangwal and Khosla Ventures, highlights the company’s rapid growth and its strategic push to expand globally. This new round marks an exciting milestone for Zetwerk, which was valued at $2.7…
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BusinessNews

Perceptyne Secures $3 Million to Revolutionize Robotics with AI-Driven Solutions

In an exciting development for the world of robotics, Perceptyne, an innovative deep-tech startup focused on AI-driven automation, has successfully secured $3 million in seed funding. The round was co-led by Endiya Partners and Yali Capital, with additional support from Whiteboard Capital and several angel investors. This funding will accelerate Perceptyne’s mission to create semi-humanoid…
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BusinessNews

India Set to Make Its First Chip by 2026 as Tech Giants Like Nvidia and AMD Invest

India is gearing up to fabricate its very first semiconductor chip in just two years, according to Commerce Minister Piyush Goyal. This ambitious move comes as major U.S. chipmakers like Nvidia, AMD, and Micron plan to expand their operations in the country. A Semiconductor Revolution During a recent interview with CNBC in New York, Goyal emphasized the growing interest in India’s semiconductor…
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BusinessNews

“InCore Semiconductors: Pioneering India’s Semiconductor Ecosystem with Homegrown Chip Solutions”

InCore Semiconductors, incubated at IIT-Madras, aims to build a robust semiconductor ecosystem in India, starting with embedded processors for everyday devices. In May 2023, the venture secured $3 million in seed funding from Peak XV (formerly Sequoia Capital’s India and Southeast Asia unit) to advance its development of semiconductor processors based on the RISC-V open-source architecture. The…
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BusinessNews

Carlyle Plans $400 Million Investment in India’s Auto Component Sector

Global private equity firm Carlyle is set to invest $400 million in India’s auto component market, focusing on the growing domestic demand and potential for export. The firm aims to establish a platform to acquire and merge mid-sized manufacturers specializing in precision machining and components for electric vehicles (EVs). According to reports, Carlyle plans to acquire at least two…
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