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Here’s your scoop of attention-grabbing headlines from around the Indian startup ecosystem.
THERE IS SOMETHING FOR EVERYONE
AFI, IIITH, IITH, and T-Hub Collaborate to Build a Social Impact Ecosystem in Hyderabad for Tech-Enabled Startups
Action For India (AFI), International Institute of Information Technology,
Hyderabad (IIITH), Indian Institute of Technology Hyderabad (IITH), and T-Hub have announced a
collaboration for developing an inclusive social entrepreneurship ecosystem in the state of Telangana.
Delhi: The startup capital of India in numbers
Delhi NCR has emerged as the startup hub of the country. Around a quarter of the startups in the country count the national capital as their headquarters. The city is far ahead of other urban centres such as the commercial capital Mumbai or traditional tech bases such as Bengaluru or Hyderabad as a startup hub. Here’s a look Delhi’s dominance as an entrepreneurship magnet
Real-Estate Technology Startup Snapdocs Raises $25 Million to Develop AI Capabilities
Real-estate technology startup Snapdocs Inc. has raised $25 million to further improve artificial intelligence on its mortgage processing platform.
Providing funding to startups helps to grow the innovation ecosystem: Limor Spector, UTC Executive Director
Ms Limor Spector, UTC Executive Director of Ventures and Alliances, shares details with Huma Siddiqui about the challenge for startups in the aerospace industry.
The $101 billion valuation Indian startup ecosystem made way for 60,000 jobs in 2019
According to the latest Nasscom-Zinnov report, India now has the third highest number of unicorns in the world.
India retains third spot in global unicorn list
Startups are emerging as the new job and wealth creators in the new India.
52 startups in India are potential unicorns
Number of Indian unicorns could increase to 95-105 by 2025, says Nasscom president Debjani Ghosh
VCs tightening purse strings; startups may find difficult to raise funding in 2020
Startup funding is likely to grow at a meagre 4 per cent YoY in 2020 as VCs would opt for increased scrutiny of startups with high valuations.
Nasscom picks its top 10 innovative tech firms of 2019
he ten startups, which have been picked from Nasscom’s Emerge 50 awards finalists, are from a wide range of sectors including Software as a Service, retail technology, fintech, logistics, healthcare, cyber security, internet of things, etc. The st…
Startup India partners with Social Media Loyalty Platform Brandie
Startup India today announced its association with crowd marketing tech platform Brandie.
Startups With Novel Solutions To Combat The Deteriorating Air Quality | ET NOW
From helmets that come with air purifiers to filters that can be worn on your nose to purifiers that can be used by cities – take a look at startups that are working on novel solutions to combat the deteriorating air quality.
Tier-II cities of Telangana set for a big leap
Hyderabad: In tune with Chief Minister K Chandrashekhar Rao’s plans to strengthen rural economy, Telangana State Industrial Infrastructure Corporation (TSIIC) is coming up with major industrial parks and IT parks in and around Tier-II cities attracting investments of more than Rs 35,000 crore.
Facebook partners with venture capital fund that's invested in MakeMyTrip, BookMyShow and Paytm
Facebook joins VC fund SAIF Partners to mentor SMBs in India
T-Hub Inks MoU with NALSAR to Provide Legal and Regulatory Support to its Startups
India, 30th October 2019: T-Hub, which leads India’s pioneering innovation ecosystem that powers next-
generation products and new business models, today signed an MoU with NALSAR.
Modi vouches for Indian startups, says investing in young businesses will deliver maximum returns
Stressing on India’s growing significance in the startup world, Modi said India has become the world’s third-largest startup ecosystem and that the country’s Tier-II and Tier-III cities are also witnessing the emergence of startups.
India is the 3rd Largest Startup Ecosystem Globally: PM Modi in Riyadh
Speaking at the Future Investment Initiative in Riyadh, Saudi Arabia, Prime Minister Narendra Modi made a compelling pitch to beckon investors to India.
India is emerging as a startup hub: John Chambers
Large companies are suddenly looking at small companies to be able to really do their innovation together
Blockchain Technology is Disrupting the Startup Ecosystem
Since the introduction of the first practical implementation of blockchain over ten years ago, the technology has found a myriad of use-cases in a wide variety of industries, including fintech, healthcare, digital identity, Internet of Things (IoT), and logistics. Many of these industries have already been marching towards digitisation of their internal processes for the past few years, making blockchain integration only more advantageous due to its increased security and reliability benefits.
Investors eye social e-commerce startups to target new users
Social e-commerce startups have raised $157 mn from venture investors this yearThe e-comm market is expected to reach $84 bn by 2021, driven by growing internet penetration
Startup Guide Cairo: how this city is a leading hub for mobility and fintech entrepreneurs
This new guidebook on Cairo covers emerging startups, accelerators, and supporting institutes in one of the leading entrepreneurial hubs of the MENA region.
T-Hub Launches the ‘Trestle’ Program to Provide International Market Access for Indian Startups
T-Hub, which leads India’s pioneering innovation ecosystem that powers next- generation products and new business models, today announced the launch of ‘Trestle’. The program provides growth-stage startups with opportunities to assess product fitment and readiness to new markets across the globe. It is designed to aid Indian startups with the right resources and connections to foray into the global market.
As Google sets up Artificial Intelligence lab in Bengaluru, is it the next big thing for startups?
Tech giant Google’s recent decision to set up a research lab — Google Research India — focussing on Artificial Intelligence (AI) and its applications in Bengaluru has kindled a wider interest of many in AI.
From using this technology in the form of drones to spraying pesticides in tea gardens to regulating traffic more effectively, AI has made its foray into several spheres of our day-to-day life.
States compete for big slice of E-Vehicle pie
BENGALURU: With electric vehicles (EV) considered a huge investment potential, several states are competing to bring out attractive schemes for companies to invest in. According to an analysis released by the World Economic Forum, the International Organisation for Public-Private Cooperation and Ola Mobility Institute, 10 states, including Karnataka, and Union Territories are trying to build momentum for EV usage across three sectors — manufacturing, infrastructure and services.
Uttarakhand CM visits IIM Kashipur’s startup event, promises help in building new hostel
New Delhi: Indian Institute of Management (IIM) Kashipur today concluded its three-day startup event Uttishtha. Uttarakhand chief minister Trivendra Singh Rawat made a visit and promised the institute help in building a new hostel for PhD students. The institute’s PhD
KTR backs innovation, infra, inclusive growth
Hyderabad: Telangana, which attracted investments to the tune of Rs 1.7 lakh crore in last five years, wants to keep up the momentum by adopting a three-pronged approach of focusing on innovation, infrastructure and inclusive growth, said IT and Industries Minister KT Rama Rao.
SoftBank plans $5 billion rescue financing for WeWork
The fund will come directly from SoftBank and not from the company’s Vision Fund. Masayoshi Son was instrumental in ousting WeWork’s controversial co-founder Adam Neumann, but is convinced the once high-flying startup can be turned around.
Cisco veterans raise $278 million for a new startup targeting Amazon Web Services
A cloud startup founded by a group of four ex-Cisco Systems Inc engineers said on Wednesday it has raised $278 million to fund products that aim to help the data centres of customers like investment banks function more like those of cloud computing providers.Pensando Systems, which introduced the company publicly on Wednesday, said the funds were raised through series A, B, and C rounds.
WeWork’s failed IPO shows that tech startups can no longer take the inflated valuation road
WeWork has undergone a dramatic fall from grace in the last few weeks. Just two months ago the office rental start-up was expecting to offer shares to the public at a total business valuation of $47 billion. This soon halved and then investors rapidly pulled their support for an initial public offering above $12 billion. The IPO was withdrawn with catastrophic consequences for the business and its charismatic founder Adam Neumann.
Cheer for social impact startups: Google to support businesses using AI, ML to scale
Google’s platform — Google Developers Launchpad to help startups grow will now support social impact startups in India. The platform has partnered with startup accelerator Social Alpha to help such startups with mentorship, tools, and methodologies for growing businesses. The tie-up will help the incubator develop learning programmes for startups based on information from a select group of world’s leading accelerators, it said even as Social Alpha will also gain access to Google’s network and its experience in helping startups globally.
Vodafone Idea, Nokia come together to help startups with cloud solutions
Some of the key benefits include, seamless connectivity and performance enhancement to clouds such as IaaS and SaaS.
India ‘naturally’ emerged world’s startup capital with highest registered startups, says Piyush Goyal
Commerce minister Piyush Goyal on Tuesday said that India has ‘naturally’ emerged as the startup capital of the world with the highest registered startups. Startup India initiative, launched by Prime Minister Narendra Modi in January 2016 has 23,705 startups recognised by DPIIT while 264 have been funded so far, according to the Startup India portal.
Alternate tech education venture SOAL raises $300,000 from Astarc Ventures
CHENNAI: Hyderabad-born School of Accelerated Learning (SOAL) has closed its first round of funding of $300,000 with Astarc Ventures as the lead investor.
Astrac Ventures has also invested in Virgin Hyperloop One, Rapido and PharmEasy, among other tech companies. This is their first foray into learning-tech.
Startups set to hire 200 CXOs in 12 months
Startups are looking for senior executives to help them scale and expand, having attracted a rush of investors as they remain unscathed by the macroeconomic headwinds.
Helping hand: Govt launches mobile app, portal for startups to protect their intellectual property rights
Start-up India Scheme: The government Monday launched a dedicated portal and mobile application to help Indian startups with the intellectual property rights (IPR) process. The mobile app and site have been developed by the department for the promotion of industry and internal trade (DPIIT) with the help of Qualcomm and National Law University, Delhi.
Govt affiliated Incubators enables 160 Startups and Impact 1.5 Million across Country
In the period between April and September 2019, the three government-affiliated INVENT incubators SIIC-IIT Kanpur, IIM Calcutta Innovation Park, and CIIE Initiatives-Start Up Oasis have invested INR 8.5 crore in 31 new social enterprises.
Y Combinator's top companies has Indian names too
Y Combinator’s top companies has Indian names tooThe American startup accelerator company, Y Combinator, recently announced their list of the top companies by valuation.
A guide to what’s happening in the fintech revolution
In the second quarter, India—home of mobile payments startup Paytm—surpassed China in the number of deals.
Google to mentor 10 startups in Bengaluru from October 14
The startups will undergo an intensive one-week mentorship bootcamp, followed by mentorship sessions for three-month period.
T-Hub and United Technologies Invite Startups to Apply for UTC Innovation Challenge
Computer vision and predictive analytics startups across the globe are invited to participate
6 Startups Disrupting Marketing with New-Age Technology
The advent of technology has only accelerated this process, opening up new avenues for the innovative marketer.
At private Silicon Valley summit, no love for IPOs or banks
The main target of ire was the first-day stock surge that often accompanies IPOs underwritten by banks.
![[Startup Bharat] Kerala CM woos startups from across the globe to make God’s Own Country their base](https://t-hub.co/wp-content/uploads/2019/10/startup-bharat-kerala-cm-woos-startups-from-across-the-globe-to-make-gods-own-country-their-base_5d9ec12c6fd24.png)
[Startup Bharat] Kerala CM woos startups from across the globe to make God’s Own Country their base
The second edition of KSUM’s Huddle saw participation from over 1,500 individuals, 30 exhibitors, 40 speakers, and 1,100 startups.
Nasscom to mentor 30 deep tech startups
According to Nasscom, there has been a spurt in funding in deep tech startups, as investor interest in niche products and platforms has increased significantly
How incubators are disrupting the Indian agri-tech startup landscape
The role of incubators is crucial in the wider business ecosystem in India. They are integral to the shaping up process of the Indian startup network.
T-Hub, United Technologies invite startups to apply for UTC Innovation Challenge
Computer vision and predictive analytics startups across the globe are invited to participate.
Innovators from small towns, rural India powering startups: PM
What matters is your merit,” Modi said while addressing students at the 56th annual convocation of the Indian Institute of Technology (lIT) Madras on Monday.
Q3 sees highest startup fundraising in 2019 at $2.5 billion
The largest deals in the Jul-Sep quarter involve firms such as Udaan, Ola Electric and Rebel foods
Sachin Bansal to open his third innings as CEO. Can he repeat Flipkart success?
Bansal will become CEO of Bengaluru-based microlender Chaitanya Rural Intermediation Development Services
For Indian early-stage startups, hiring can be as hard as ‘finding a breakfast place on the highway’
The 25 young companies that featured in LinkedIn’s list of top startups in India this year collectively created around 18,000 jobs in 2018 and are expected to create more than 19,000 new ones over the next 12 months. Yet, when I talk to the founders of early- and growth-stage startups, I am told that hiring is their Achilles heel.
Here's how these drone startups can help in rescue operations in Bihar floods
In the past, many flood-affected states in the country have benefited from drone technology for rescue operations. These drone technology startups could be of immense help in flood-affected Bihar.
