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Google and the Ministry of Electronics and IT's (MeitY) Startup Hub have launched a major partnership aimed at enabling 10,000 Indian companies in the rapidly developing field of artificial intelligence (AI). Google's global AI goals depend heavily on the growth of India's AI developer ecosystem, which is the focus of this strategic project. At the company's premier developer conference, Google I/O Connect Bengaluru, the announcement was made.
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Google And MeitY Startup Hub Join Forces To Upskill 10,000 Indian Startups In AI

A significant collaboration between Google and the Ministry of Electronics and IT’s (MeitY) Startup Hub aims to support 10,000 Indian firms in the quickly evolving

Building Bridges Between Startups
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Building Bridges Between Billionaires: Indian Startups Take Aim At The Middle East

The startup ecosystem in India is expanding rapidly, and its goals are now global in scope. The Indian Angel Network (IAN) has partnered with the

IndusDC, a venture studio, plans to co-found 50+ hard-tech startups in India & globally, focusing on cleantech in the industrial & energy sectors.
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IndusDC To Build 50 Cleantech Startups In India: Reducing Emissions & Creating Opportunities

An investment of Rs 100 crore has been set aside by IndusDC, a company that accelerates clean technology businesses, to co-build hard-tech ventures in India.

Skincare startup SkinInspired secures $1.5 million seed funding led by Unilever Ventures. Discover their curated range of skincare products, focus on sustainability, and plans for future growth in the thriving Indian skincare market.
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SkinInspired Secures $1.5 Million Seed Funding Led By Unilever Ventures

Udaipur-based SkinInspired, a rising star in the Indian skincare market, has secured $1.5 million in seed funding. The round was led by Unilever Ventures, the

AWS and iTNT Hub join forces to launch a generative AI startup program in Tamil Nadu, India. This program empowers startups to develop AI solutions.
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AWS And iTNT Hub Join Forces To Spark Generative AI Innovation In Tamil Nadu Startups

Amazon Web Services (AWS) and the Tamil Nadu Technology Hub (iTNT Hub) are partnering to enable Tamil Nadu companies to lead the way in generative

The partnership is evidence of AMD's commitment to improving energy efficiency across its product portfolio. According to AMD India Country Head Jaya Jagadish, the company aims to increase energy efficiency for its processors and accelerators—which support AI training and high-performance computing (HPC)—by 30 times by 2025. This lofty objective is a major step up from the industry's total growth throughout the preceding five years. Jagadish stressed AMD's ongoing collaboration with academic institutions and industry leaders to advance advancements in energy-efficient computing platforms.
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AMD And IIT-Bombay Join Forces To Empower Indian Semiconductor Startups In Energy Efficient AI

An important first for India’s semiconductor industry, global chipmaker Advanced Micro Devices (AMD) has partnered with the Society for Innovation and Entrepreneurship (SINE), an incubator

Fintech startup Partior raises $60 million in a Series A funding round led by Peak XV Partners, with participation from Jump Trading and Valar Capital. The funds will expand Partior's blockchain-backed clearing network, integrating more currencies and developing new capabilities for seamless cross-border transactions.
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Fintech Startup Partior Raises $60 Million In Series A Funding Round Led By Peak XV Partners

Peak XV Partners, the former Sequoia Capital India, sponsored a $60 million Series A fundraising round for Partior, a blockchain-backed clearing and settlement network based

Startups in India anticipate significant measures from Union Budget 2024, including the removal of angel tax and incentives for investments. Health tech and AI sectors seek increased funding to drive innovation and economic growth. The budget will be presented on July 23 by Finance Minister Nirmala Sitharaman.
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Budget 2024: Startups Seek Removal Of Angel Tax And Investment Incentives

The Indian startup community has high expectations for the Union Budget 2024, which is scheduled to be unveiled on July 23. The BJP-led NDA government’s

Bengaluru-based startup Pixxel Space aims to mine asteroids for building materials and space settlements. Co-founder Await Ahmed outlines plans to use hyperspectral satellites for detailed exploration of the Moon, Mars, and the asteroid belt. Pixxel Space's innovative technology could revolutionize space resource utilization and sustainable exploration.
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Bengaluru-Based Startup Pixxel Space Aims To Mine Asteroids For Space Settlements

A business located in Bengaluru called Pixxel Space has big intentions to mine asteroids, which might pave the way for the construction of space colonies.

Google's parent company, Alphabet, is in advanced talks to acquire cybersecurity startup Wiz for $23 billion. This acquisition aims to bolster Alphabet's cybersecurity capabilities as cyber threats escalate. Wiz, valued at $12 billion, raised $1 billion in May 2024.
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Google Parent Alphabet Nears $23 Billion Acquisition Of Cybersecurity Startup Wiz

According to a recent Wall Street Journal article, Alphabet, the parent company of Google, is purportedly in advanced talks to acquire the cybersecurity startup Wiz