Category: India

India to invest $30M in 100 incubators & $700M in 50 super-computers

India: The Indian government will be setting up 100 more incubators across the country to support start-ups in innovations and will be investing Rs 200 crore (~$30M) for the same.

Zone Startups launches accelerator program for international startups

India: Zone Startups officially launched Gateway91, a soft landing program that will work with international startups and growth stage companies looking at entering the Indian market.

YES Bank chooses 12 startups for its fintech accelerator’s inaugural batch

India: YES Bank selected 12 startups for its inaugral fintech business accelerator programme. The startups have been working on fintech transactions, lending, cyber security, risk intelligence, big data, analytics and more.

Indian Govt to launch networking platform for start-ups

India: Indian Govt.’s launching new platform called Virtual Start-up Hub to connect start-ups with investors, incubators and other service providers in the vicinity

Times of India’s TLabs, Facebook partner to boost mobile startup ecosystem

India: Facebook and startup accelerator TLabs have entered into a partnership to support the mobile startup ecosystem in the country.

India’s AP Govt and Singapore’s LATTICE 80 sign MoU for incubation centre in Vizag

India: The Andhra Pradesh Government and Singapore-based Fintech major, LATTICE 80, have signed a memorandum of understanding for establishment of a fintech incubation centre here.

Microsoft Accelerator announces 10th batch of 14 B2B startups dominated by AI & IoT

India: Announcing its 10th cohort of startups, Microsoft Accelerator that focuses on growth-stage startups continued its narrative to undertake and accelerate B2B startups for its four-month long accelerator programme.

India’s HDFC Bank makes AI play; launches humanoids in branches

India: HDFC Bank, the country’s second-largest private one, will be using robots at its branches, to assist customers.

ICRISAT sets up iHub for agri entrepreneurs

India: The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) today set up iHub aiming to provide space for agricultural entrepreneurs, scientists and technology experts for innovative work in the field of agriculture.

Nasscom ties up with Revvx for IoT startup accelerator

India: Nasscom has tied up with Bangalore-based hardware accelerator Revvx to launch an accelerator that will focus on startups in areas such as IoT, smart gadgets and artificial intelligence.

Cisco LaunchPad Invites Applications From Tech Startups For Second Cohort

India: Startup accelerator, Cisco LaunchPad has invited India-based tech startups focussed on B2B/B2B2C segments to apply for its second cohort.

Bennet, Coleman & Co. invests ~$1.5M in India’s Airmed Path Labs

India: Airmed Path Labs, a home-service health-test platform, has raised about Rs 10 crore from Bennet Coleman and Co. Ltd.’s (BCCL) investment arm Brand Capital to help fund its expansion and strengthen its brand.