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…
As we celebrate Gandhi Jayanti on October 2, we honor the life and teachings of Mahatma Gandhi, the father of the nation. This year marks his 155th birth anniversary, a moment to reflect not just on his commitment to truth and non-violence but also on how his timeless principles are shaping the entrepreneurial landscape in India today.
In a world where rapid technological advancement often…
In a strategic maneuver that signals its intent to dominate the rapidly evolving bike taxi market in India, Uber has announced a partnership with Shadowfax, an IPO-bound logistics service provider. This collaboration aims to enhance Uber’s bike taxi offering, UberMoto, by integrating Shadowfax’s extensive two-wheeler fleet. As competition heats up in the ride-hailing industry, this partnership…
Cisco has inaugurated its first manufacturing facility in India, situated in Sriperumbudur near Chennai, Tamil Nadu. The facility, launched on September 27, 2024, will focus on producing routing and switching products, beginning with the Network Convergence System (NCS) 540 series of routers.
The event featured remarks from Union Minister Jyotiraditya Scindia, Tamil Nadu Minister for Industries…
Meta Platforms co-founder and CEO Mark Zuckerberg has achieved a significant milestone, reaching a net worth of $200 billion, according to Bloomberg’s Billionaires Index. This places him among the world’s elite, joining Amazon founder Jeff Bezos and Tesla CEO Elon Musk as the only individuals to surpass this figure.
Currently, Elon Musk leads the pack with a net worth of $265 billion, followed…
The Department for Promotion of Industry and Internal Trade (DPIIT) is set to launch BHASKAR, an innovative digital platform designed to enhance India’s startup ecosystem. This initiative, part of the Startup India program, aims to centralize and streamline collaboration among key players, including startups, investors, mentors, service providers, and government entities.
BHASKAR aligns with the…
Kolkata-based SaaS marketplace startup NowPurchase has successfully raised $6 million in a funding round led by existing investor Info Edge Ventures. The investment, which comprises a mix of equity and debt, also attracted participation from other notable investors, including Orios Venture Partners, 100 Unicorns, and VC Grid, along with family offices and angel investors. This capital infusion is…
Mayank Bidawatka, the co-founder of the vernacular microblogging platform Koo, is gearing up to launch his new startup, Billion Hearts Software Technologies. The company recently finalized a pre-seed funding round, securing approximately $250,000 from notable investors, including founders of redBus, Ola, InMobi, and Myntra.
Billion Hearts is poised to raise nearly $500,000 to kickstart its…
The Economic Times Startup Awards 2024 has unveiled the nominees for its prestigious Startup of the Year category, celebrating companies that have demonstrated exceptional innovation, execution, and rapid growth. This year’s nominees showcase a diverse range of sectors, each bringing a unique approach to their respective fields.
Zepto: Founded in 2020 by Aadit Palicha and Kaivalya Vohra, Zepto…
LiaPlus AI, a cutting-edge customer support automation platform, has successfully raised Rs 2 crore in a recent seed funding round. The round, led by Inflection Point Ventures (IPV), a prominent angel investment firm based in Gurugram, also saw contributions from Chandigarh Angel Network (CAN), Growth Sense, and Growth91. The new capital will be utilized to expand the team, forge global…
