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The 4th National Workshop on Technology Innovation in Cyber-Physical Systems (TIPS 4.0) provided a significant fillip to deeptech innovation by startups. Over 40 early-stage startups, including IAN Group portfolio company Monitra Healthcare Private Limited , garnered investment commitments. Commenting on the occasion, Padmaja Ruparel, Co-founder of IAN Group, applauded the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS) of the Department of Science and Technology (DST) for its role in organising TIPS 4.0 and incentivising deeptech innovation in India. Padmaja Ruparel said, “The NM-ICPS programme is one of a kind in India. It moves research to commercialisation and creation of startups and value. It is focused on sectors that are imperatives for the new India. It will take India to a $5 trillion economy by 2047, the vision of Hon'ble Prime Minister Shri Narendra Modi. This is a programme that has been launched, and TIHs have been set up around the country, so a national mission with a national footprint is building the national imperatives of India.” Indian Angel Network Read more: https://lnkd.in/dmgAUTTq #TIPS #Startups #Deeptech #IANGroup

Ministry of SMEs and Startups Selects Next-Generation Startups for Global Unicorn Project South Korea is witnessing a remarkable shift in its startup ecosystem, with ventures in the energy, battery, bio, and autonomous driving sectors emerging as next-generation unicorns. On June 26, the South Korean  Ministry of SMEs and Startups announced the final selection of 15 “preliminary unicorns” and 50 “baby unicorns”  for its Global Unicorn Project. Significantly, the […] The post Ministry of SMEs and Startups Selects Next-Generation Startups for Global Unicorn Project first appeared on KoreaTechDesk | Korean Startup and Technology News . The post Ministry of SMEs and Startups Selects Next-Generation Startups for Global Unicorn Project appeared first on KoreaTechDesk | Korean Startup and Technology News . #koreatech #Tech #koreastartup #KoreaTechnews #Koreastartupnews

SREC SPARK INCUBATION FOUNDATION and StartupTN Host Manufacturing Startups Meetup A remarkable event dedicated to fostering innovation in the manufacturing sector was organized by StartupTN in collaboration with SREC SPARK Incubation Foundation. The meetup brought together over 50 startup founders, creating a vibrant platform for networking, knowledge sharing, and exploring growth opportunities in manufacturing and Industry 4.0. The event was inaugurated by Dr. SOUNDAR RAJAN A, Principal of SREC, who emphasized the importance of innovation in driving the manufacturing sector forward and expressed his unwavering support for startups. Esteemed speakers like Mr. Prakash Tallapragada, Program Director (Drives & Control) at Bosch Global Software Technologies, and Mr. Sri Sabari Nathan Devarajan, Director (Strategy & Innovation) at Maxbyte Technologies, delivered powerful insights on manufacturing innovations and strategic trends shaping the sector. Mrs. Gayathri Chidambaram from StartupTN shared details about government initiatives supporting startups in Tamil Nadu, while Mr. Saji and Mr. Rajasekar highlighted collaborative pathways for entrepreneurial success. Representing SPARK Incubation Foundation, Dr.B. Sharmila and Dr.Thirukkuralkani K N showcased funding opportunities available through their incubation programs, encouraging startups to leverage these resources to scale their ventures. The event underscored the critical role of strategic collaboration, access to funding, and government support in enabling the sustainable growth of manufacturing startups. #SREC #BestEngineeringCollegeInCoimbatore #EngineeringCollegesInCoimbatore #CollegesInCoimbatore #SriRamakrishnaEngineeringCollege #SRECSPARK #Incubation #StartupTN

Interesting facts! While these numbers are representative of all the sectors, Biotech startups and biotech incubators speak of a different story. DBT BIRAC have supported close to 100 incubators with high end infrastructure and specialized facilities required for wet lab R&D. Over 2500 startups have been supported by this network of 100 incubators set up through #BioNEST and #EYUVA schemes of BIRAC. It's not just incubation, it's the holistic mentoring, handholding and networking support provided by these incubators that help these startups grow faster and stronger. Enabling services are at times even more important than the physical incubation.

Startups incubated in India are unlocking their potential faster and smarter, thanks to a strong network of over 1,100 incubators. Research shows that incubated startups secure funding 2.5 times faster and have a much higher chance of creating intellectual property. Despite being smaller in number, incubated startups have bagged more awards and extended their survival rate by 15%. This demonstrates the importance of incubators in fostering innovation and nurturing future unicorns. Indian incubators, particularly in AI/ML and biotech sectors, are helping startups reach market faster, contributing to an average of ₹10,627 crore in asset value for 100 incubated startups by their 9th year. It’s clear—incubation is accelerating success for startups that choose this path. NSRCEL, T-Hub, iAccelerator CIIE, IIM Ahmedabad, Society for Innovation & Entrepreneurship -SINE IIT Bombay, WE Hub, A Government of Telangana Initiative, Startup Village, Mumbai Angels, Amrita TBI, Technology Business Incubator - KIET, Zone Startups/India

Incubators are more than just support systems—they’re catalysts for innovation, helping startups grow smarter and faster. These insights highlight the transformative role incubators play in shaping the ecosystem and fostering long-term impact. At SanchiSaaS, we’re proud to empower incubators with the tools to scale and optimise their programs, driving meaningful change in the startup ecosystem

Incubation is a process which gives fruits after certain period of time. #innovation #incubation #ipr Connect with me for better insights.

#Startups | #Entrepreneurship : The number of incubators in the Indian ecosystem has grown steadily, with more than 1,100 active incubators dotting the Indian startup ecosystem. The Southern region leads the pack, housing 45 percent of all incubators and having the highest density of incubators. The rate of incubation is high among #deeptech sectors such as #AI / #ML, Data Analytics, Biotech and Defence Tech. All of them have an incubation rate upward of 12 percent, while the average incubation rate is 8.2 percent Source : India Incubator Kaleidoscope 2024 report by NSRCEL & IIT Madras Centre for Research on Startups and Risk Financing. #Startup #Incubators

The #incubator network in our country is growing so rapidly - yet very few startups actually make the use of it. Just few of the top benefits of getting #incubated : 1.#Funding Support- Yes I said it corect - there are numerous schemes which allow them to fund you anywhere between Rs. 10 lacs to Rs 1 crores on an average. 2. #Network- There Guys are strongly connected. They can get you some strong recommendations for your Sales, production, and sometimes even strong research team 3. #mentoring - You like it or not, sometimes we are stuck. Correct mentoring can really give the perfect nudge in the correct direction 4. #infrastructure - Research Labs, office space, basic infra - it has all you need in the first few years of operations For all the #earlystage #founders - you should find a good incubator - which suits you best. You can even comment below if you are looking for a Good Incubator and see the magic unfold. ✨️

#EconomicSurvey2024 Highlights India's Thriving #Startup Ecosystem with Strong Growth in #Tier2 and #Tier3 Cities The Economic Survey 2024 highlights the dynamic growth of India's startup ecosystem, revealing that over 45% of startups have emerged from Tier 2 and Tier 3 cities. The number of #DPIIT-recognized startups has surged to over 1.25 lakh by March 2024, up from just 300 in 2016. The report notes that Indian startups have filed more than 12,000 patents since 2016. Over 13,000 of these startups focus on diverse areas like artificial intelligence, the Internet of Things, robotics, and nanotechnology. According to the survey, 135 Alternative Investment Funds (#AIF) have invested more than Rs 18,000 crore in startups by the end of FY24. The Bharat Startup Knowledge Access Registry is also bringing together various stakeholders in the startup ecosystem. A nasscom study cited in the survey indicates that Global Capability Centers (#GCCs) have significantly contributed to the Indian startup ecosystem's growth. GCCs have established more than 15 incubators, over 40 accelerators, and numerous partner programs to drive collaboration with #Indianstartups. Additionally, 42 healthcare and pharma GCCs have increased partnerships with startups and academia to access newer technologies. GCCs have explored various collaboration forms, including innovation labs, hackathons, and startup incubators. The survey highlights the success of the Startup India initiative, stating that DPIIT-recognized startups have generated over 12.42 lakh direct jobs, creating significant economic impact. The government's focus on adopting technology in agriculture is supported by over 1,000 agritech startups. As of February 9, 2024, 554 agritech startups, including 387 women-led startups, are active in the agriculture and allied sector. Key #highlights from the survey include: Over 13,000 DPIIT-recognized startups in artificial intelligence, the Internet of Things, robotics, and nanotechnology by the end of FY24. The Patent Rules, 2024, simplified patent acquisition and management, increasing granted patents 17-fold from 5,978 in 2014-15 to 1,03,057 in 2023-24. More than 47% of DPIIT-recognized startups have at least one woman director. The Anusandhan National Research Foundation (#ANRF) Bill 2023 was passed to provide high-level strategic direction for scientific research, fostering collaborations among industry, academia, government, and research bodies. Under the Fund of Funds for Startups, more than Rs 10,500 crore has been committed to over 135 Alternative Investment Funds, which invested more than Rs 18,000 crore in startups by the end of FY24. India ranks first among lower middle-income countries and central and southern Asian economies. Sreedhar Kosaraju Anand Krishnan PhD Anil Tentu (Ph.D) Ravi Eswarapu #StartupIndia #Innovation #DigitalEconomy #IndianStartups #WomenInTech #Agritech #Patents #ResearchAndDevelopment #InvestInIndia #APStartups