🚀 Big news for #innovation in India! The Commerce and Industry Ministry is set to propose a new #DeepTech #Startup Policy in the upcoming budget. Get ready for groundbreaking changes aimed at boosting India’s tech ecosystem and driving #economic growth. 🌐 #DeepTechStartupPolicyIndia #Innovation
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The Ministry of Commerce and Industry is reportedly planning to propose a dedicated policy for deep tech startups in the upcoming Budget. As per the proposed draft, the 𝗡𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗗𝗲𝗲𝗽 𝗧𝗲𝗰𝗵 𝗦𝘁𝗮𝗿𝘁𝘂𝗽 𝗣𝗼𝗹𝗶𝗰𝘆 (𝗡𝗗𝗧𝗦𝗣) aims to boost innovation, support intellectual property creation, and address challenges faced by startups. It also seeks to strengthen India's knowledge-driven economy and establish a national consortium for a comprehensive framework. Read more: https://lnkd.in/gF9ksRJ5 #deeptech #deeptechstartups #startupecosystem #budget #intellectualproperty #startuppolicy #update
Deep tech startup policy likely in forthcoming Budget
moneycontrol.com
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𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁𝘀 𝗶𝗻 𝗗𝗲𝗲𝗽 𝗧𝗲𝗰𝗵! The Ministry of Commerce and Industry is set to roll out a comprehensive deep tech startup policy that was drafted in July 2023, aimed at providing long-term funding and fostering innovation. With 9 key areas of focus, the government is committed to creating a robust deep tech ecosystem in India: Allocate more money on research to encourage new ideas Provide long-term funding for startups Improve laws related to intellectual property Enable shared infrastructure and resource sharing Create supportive rules, standards and certifications Attract and train talented people Promote buying and using deep tech solutions in every industry Link different policies and programs to benefit Support and sustain deep tech startups At Creddinv, we are aligning with these initiatives by targeting investments in deep tech startups among others. Our mission is to facilitate easy and transparent investment processes for investors and founders, driving growth and innovation in this promising sector. Stay tuned for more updates as we line up cutting-edge deep tech startups for our investors! Read more: https://lnkd.in/evfVYNvY (Source: Inc42 Media, Photo: shutterstock) #StartupIndia #Entrepreneurship #InvestmentClimate #BusinessGrowth #StartupEcosystem #GovernmentPolicy #DeepTech #DeepTech Startups #EaseofDoingBusiness #InnovationEconomy #AngelInvesting #AngelInvestment #AngelInvestors
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Indian Startups Powering IT Giants Growth Amid Funding Crunch Amid a funding crunch in the startup ecosystem, tech giants are capitalizing on the moment to acquire innovative Indian startups. These smaller firms, specializing in fields like AI, semiconductor technology, data analytics, and spacetech, bring the agility and disruptive solutions that larger companies often need to stay competitive. Why is this happening? With global tech spending still in a cautious phase, especially in discretionary areas, IT firms are strategically investing in startups to fortify their capabilities and future-proof their offerings. By acquiring niche talents and breakthrough technologies, they can quickly address gaps in their portfolios and pivot toward high-value segments like design and AI without the time and resource investment needed to build these solutions in-house. This approach, dubbed “Solutions to Valuations,” highlights the significant return on investment these acquisitions can bring. For example, a relatively small investment in a startup can yield new revenue streams, as IT firms leverage these innovative solutions across their larger client bases. This synergy not only boosts revenue but can also elevate valuations, making these acquisitions a powerful growth strategy. The benefits are mutual: startups gain crucial resources and exposure to extensive markets, while tech firms enhance their offerings and competitive edge. In times of tighter funding, these partnerships are reshaping the tech landscape, fueling growth and ensuring that innovative talent continues to thrive.
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Switching off from work isn’t just a luxury—it’s a necessity for sustainable #productivity and work life balance. When employees blur the boundaries between work and personal time, even while on leave, it often leads to burnout rather than boosting performance. Unwinding and destressing during downtime allows the brain to process information more effectively, sparks creativity and promotes #wellness. The rise of the #hybrid work model has made this balance more complex, but it also emphasizes the need for intentional boundaries. By completely unplugging, #employees can return feeling recharged and rejuvenated, ultimately enhancing their productivity. The real challenge lies in normalizing this pause without the stigma of being “less committed.”
Indian Startups Powering IT Giants Growth Amid Funding Crunch Amid a funding crunch in the startup ecosystem, tech giants are capitalizing on the moment to acquire innovative Indian startups. These smaller firms, specializing in fields like AI, semiconductor technology, data analytics, and spacetech, bring the agility and disruptive solutions that larger companies often need to stay competitive. Why is this happening? With global tech spending still in a cautious phase, especially in discretionary areas, IT firms are strategically investing in startups to fortify their capabilities and future-proof their offerings. By acquiring niche talents and breakthrough technologies, they can quickly address gaps in their portfolios and pivot toward high-value segments like design and AI without the time and resource investment needed to build these solutions in-house. This approach, dubbed “Solutions to Valuations,” highlights the significant return on investment these acquisitions can bring. For example, a relatively small investment in a startup can yield new revenue streams, as IT firms leverage these innovative solutions across their larger client bases. This synergy not only boosts revenue but can also elevate valuations, making these acquisitions a powerful growth strategy. The benefits are mutual: startups gain crucial resources and exposure to extensive markets, while tech firms enhance their offerings and competitive edge. In times of tighter funding, these partnerships are reshaping the tech landscape, fueling growth and ensuring that innovative talent continues to thrive.
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Technology Based Incubators Critical In Helping India Become World’s Third Largest Start-up Ecosystem Innovative incubators such as SINE have guided government policies to create a vibrant start-up ecosystem Read full story on: https://lnkd.in/gEB3uqjm Abhay Karandikar | #SINE #SocietyforInnovationEntrepreneurship Annurag Batra | Noor Fathima Warsia l Chetan Mehra l Resham Suhail
Technology Based Incubators Critical In Helping India Become World’s Third Largest Start-up Ecosystem
bwdisrupt.com
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Artificial intelligence (AI) is revolutionising India’s startup ecosystem, acting as the key driver of innovation and efficiency. Industry experts have highlighted how AI is transforming everything—from operational processes to strategic decision-making. As the technology evolves, businesses will have to keep pace and new standards will be set for what startups can achieve. With AI at the helm, aspirational India has the potential to become a global leader in tech-driven solutions, fostering entrepreneurial growth and opening up unprecedented opportunities for business. Read more: https://lnkd.in/gzm-SMKm #AIRevolution #IndiaStartups #TechInnovation #FutureOfAI #Entrepreneurship #AIInStartups #TechLeadership #Innovation
AI to be the key driver in India's startup ecosystem, says experts - CNBC TV18
cnbctv18.com
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Here are the 𝐓𝐨𝐩 𝐒𝐭𝐚𝐫𝐭𝐮𝐩𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐚𝐧𝐝 𝐈𝐧𝐝𝐨𝐧𝐞𝐬𝐢𝐚, based on unique LinkedIn data compiled from actions taken by over 𝟏 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐦𝐞𝐦𝐛𝐞𝐫𝐬 across four core areas. Ting Wei and I collaborated on the list for #Singapore this year. See the full list here ➡️ https://lnkd.in/gjG7MX4h Here are some observations: 👉 Fintech remains a cornerstone of the local startup landscape. 4 of the top 10 startups operate in the financial services sector, underscoring Singapore’s prominent position as a leading financial hub, both regionally and globally. 👉 Diverse sectors drive innovation. This year's LinkedIn Top Startups list features 5 new entrants spanning industries from AI and cloud computing (Wiz.AI and Toku) to advanced manufacturing (Silicon Box) and healthcare (Intellect). These newcomers reflect a broader global trend, as technological advancements continue to drive innovation and transform the business landscape across various sectors. 👉 In #Indonesia This year’s rankings (by Serla) remain dominated by technology-enabled companies. Agritech is a key player in the startup ecosystem, with 3 out of the top 10 startups operating in this space. Additionally, edutech is notable, with 2 startups making the list. See the full list here ➡️https://lnkd.in/gPh2aiUU 👉Take a look at Top Startups around the globe 🌎 ➡️https://lnkd.in/euiqQUWE ❓What key trends have caught your attention from this year’s list? #LinkedInTopStartups #startups #ranking
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Discover how the India artificial intelligence (AI) mission is set to revolutionize the landscape for deeptech startups, providing crucial financial support and fostering innovation in the sector. With an allocated budget of Rs 2,000 crore aimed at accelerating research and development, the mission signifies a pivotal step towards overcoming the longstanding hurdles faced by deeptech startups in accessing funding. Industry experts laud the initiative, recognizing its potential to stimulate investment, drive innovation, and propel India's position in the global AI ecosystem. From addressing the challenges of extended development cycles to attracting more investors, delve into how this strategic move is reshaping the future of AI entrepreneurship in India. Read this article by Business Standard titled as "India AI mission to provide funding, support to deeptech startups: Experts" to explore how the India AI Mission is transforming the startup landscape in the country. Read here: https://lnkd.in/deYAvpn6 . . . . #9colab #startup #startupworld #business #startupadvisory #wednesday #wednesdaywisdom #businessstandard #innovation #technology #company #wednesdaypost #startupfunding #funding #investors #challenges #experts
India AI mission to provide funding, support to deeptech startups: Experts
business-standard.com
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The #Indian #startup ecosystem is poised to increasingly contribute to its economy & factors propelling this growth: 1. Embracing Generative AI 2. India's growth in Semiconductors 3. Growing startup culture in Tier-II & Tier-III cities 4. Innovativeness https://t.ly/x1Awf
Indian startup ecosystem is mature, set to bolster Indian economy: AWS' Kumara Raghavan
zeebiz.com
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India's AI ecosystem is poised for a significant boost with the government's allocation of ₹2000 crore towards supporting AI-related startups as part of the India AI Mission. Under this mission, a total of ₹10,372 crore has been approved by the Cabinet for a five-year period, signaling a robust commitment to fostering AI development in the country. 1️⃣ Mission in Motion: The India AI Mission aims to bolster the AI ecosystem in India, with a focus on supporting startups and facilitating innovation in emerging technologies. With a substantial allocation of funds, the mission is set to drive transformative changes across various sectors. 2️⃣ Startup Support: MeitY Startup Hub (MSH) is at the forefront of supporting startups through funding and incubation. Currently backing 143 incubators and centers of excellence (CoE) nationwide, MSH provides crucial funding support to startups at different stages of their journey. 3️⃣ Supercomputing Capacity: One of the key components of the India AI Mission is the provision of supercomputing capacity, including over 10,000 GPUs. This initiative will enable stakeholders to harness advanced computing power for AI-driven innovation, paving the way for groundbreaking developments. 4️⃣ Geographical Inclusivity: Recognizing the importance of fostering entrepreneurship beyond metropolitan areas, the government is committed to funding startups in smaller towns across India. This inclusive approach aims to unlock the potential of diverse regions and drive economic growth. 5️⃣ Collaborative Ecosystem: While the government plays a pivotal role in supporting startups, collaboration with the private investment community is essential. By working closely with investors, the government aims to stimulate domestic investment in Indian startups, ensuring sustainable growth and development. In conclusion, the India AI Mission's allocation of ₹2000 crore for AI-related startups signifies a significant milestone in India's journey towards becoming a global leader in AI innovation. With a focus on fostering entrepreneurship, driving innovation, and building a collaborative ecosystem, India is poised to unleash the full potential of its AI ecosystem. What are your thoughts on India's ambitious AI Mission and its impact on fostering innovation and entrepreneurship in the country? Share your insights with us! Ministry of Electronics and Information Technology #entrepreneurship #startup #business #entrepreneur #technology
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