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

Felicity Games Secures $700,000 Pre-Seed Funding Led by Prominent Investors
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Felicity Games Secures $700,000 Pre-Seed Funding Led by Prominent Investors

India’s Bengaluru – Felicity Games, an emerging Bengaluru-based publisher and developer of casual games, has successfully completed a pre-seed investment round, raising $700,000. Prominent angel

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Xartup Joins HT Media Group’s Mosaic Digital to Form World’s Largest Startup Community

One of the biggest publicly listed media conglomerates in India, HT Media Group, is the parent company of Mosaic Digital, which now officially includes Xartup,

Retro Accuses Google Photos of Copying Its Photo-Sharing Design
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Retro Accuses Google Photos of Copying Its Photo-Sharing Design

Retro, a little photo-sharing company, has accused Google Photos, a behemoth in the computer industry, of stealing its concept and style. Relative to its own

AMD Acquires Silo AI for $665 Million to Boost AI Chip Capabilities
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AMD Acquires Silo AI for $665 Million to Boost AI Chip Capabilities

As part of its plan to improve its AI chip capabilities and more successfully compete with market leader Nvidia, Advanced Micro Devices (AMD) has announced

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Premji Invest to Invest $50 Million in Paris-Based AI Startup Poolside.ai

According to people familiar with the situation, Premji Invest, the investment vehicle run by Wipro founder and chairman Azim Premji, is preparing to invest $50

IIT Kanpur And ASEAN Forum
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IIT Kanpur And ASEAN Forum Collaborate To Boost Startup Ecosystem In Southeast Asia

The Foundation for Innovation and Research Support (F.I.R.S.T) at IIT Kanpur signed a Memorandum of Understanding (MoU) with the ASEAN Economic Community Forum (AECF) on

Hebbia, an AI startup that empowers businesses to analyze complex data for informed decisions, secures $130 million Series B funding led by a16z. This investment fuels Hebbia's mission to revolutionize AI for knowledge work.
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AI Startup Hebbia Secures $130 Million, Valued At $700 Million For AI-Powered Research Tool

In a Series B fundraising round, Hebbia, an AI business that specializes in huge document search and complicated question answering, has raised $130 million. The