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Here’s your scoop of attention-grabbing headlines from the innovation ecosystem
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CIE@IIIT Hyderabad announces 11th Cohort of DeepTech and 5th Cohort of MedTech Accelerators
6 month deep tech accelerator programme for early stage startups to create exciting products jointly with research
Five IT parks to come up in, around Hyderabad
Finance Minister T Harish Rao said post Covid-19, many IT firms are expected to move to TS
Taskforce for vaccine distribution to meet tomorrow, says health ministry
The panel will pick the vaccine or vaccines that India can use, plan the finances for what is sure to be an expensive purchase running into billions of dollars, and prioritise the sequence of administration.
Networking facility for startups at University of Hyderabad
ASPIRE is a Section-8 company, set up by the University of Hyderabad (UoH), has created a vibrant entrepreneurial ecosystem by nurturing young entrepreneurs and early stage start-ups
Flipkart launches its startup accelerator program Flipkart Leap
Flipkart Leap will identify B2C and B2B startups and will conduct a 16-week virtual program.
Hyderabad startup Hitwicket Superstars wins Aatmanirbhar app challenge
Founded by Keerti Singh, Hitwicket Cricket Games has a diverse user base of which 20 per cent is female and 30 per cent are outside of India from nations like Australia and the UK.
CAIT launches 'China Quit India' campaign to boycott Chinese goods
On the anniversary of Quit India Movement, the Confederation of all India Traders (CAIT) on Sunday launched a campaign ‘China Quit India’ to boycott Chinese goods, while its members held protests across 600 places across the country.
Rs 1 lakh crore financing facility: 350 agri startups already supported under new scheme, says PM Modi
The launch of the new scheme came three days after the Ministry of Agriculture and Farmers’ Welfare had said that it will invest close to Rs 25 crore in 234 startups in agriculture and allied sectors in FY21.
Lack of skilled researchers, big data plague AI companies: NASSCOM study
Another challenge faced by AI companies is data protection laws in foreign countries. These laws increase their expenses further.
Zoho, Chingari, Koo and StepSetGo among winners of govt's AatmaNirbhar app challenge
The challenge received 6940 entries from all over India.
Kerala fears another covid-19 cluster forming around Air India crash and rescue
So far, 18 people have been confirmed dead in the crash that happened at Calicut International Airport, in Malappuram district, Kerala, on Friday night.
Indian software product companies write to government requesting reforms
About 120 large product companies, including prominent ones such as Zoho, Freshworks, Tally Solutions and Quick Heal Technologies, have written to Union Minister of Electronics and IT Ravi Shankar Prasad requesting that the government should do away with tax deducted at source (TDS) on local software products and Softex forms that assess the value of a product each time it is exported.
Telangana to be major base for Electric Vehicles
The Cabinet approved the new Telangana State Electric Vehicle and Energy Storage Solution Policy, during the meeting held at Pragathi Bhavan here
Life Sciences Advisory panel reconstituted
KCR wants it to play key role in consolidating city’s top position in life sciences
Airtel, AWS to make joint investments to build cloud expertise in India
Bharti Airtel has signed a multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to offer a comprehensive set of cloud solutions to large enterprise and small and medium enterprise (SME) customers in India.
COVID-19 vaccine makers rue red tape in Telangana
Pharma companies demanded a branch of Central Drugs Standard Control Organisation at Hyderabad for South India.
Kodak TV India to invest Rs 500 cr for new plant in UP
Kodak TV India on Tuesday announced that it would invest more than Rs 500 crore in the next three years to set up a fully automated TV manufacturing plant at Hapur in Uttar Pradesh.
90% of recovered COVID-19 patients in Wuhan suffering from lung damage: Report
Ninety per cent of a sample group of coronavirus-recovered patients from a prominent hospital in China’s Wuhan city where the pandemic broke out have reported lung damage and five per cent of them are again in quarantine after testing positive for the virus, according to a media report on Wednesday.
India to set up single-window Investment Clearance Cell to facilitate faster approvals: Report
As per the plan, the Centre is looking to set up an implementation agency by September 1 and it will be completed in four phases
Nokia to set up robotics lab at IISc to study 5G's 'socially relevant' uses
The centre will promote engagement and cooperation between academia, start-ups and industry ecosystem partners in research and development of use cases
UoH: ASPIRE-BioNEST now a partner of BIRAC BIG Scheme
ASPIRE-BioNEST is expected to organize workshops and outreach events for creating awareness of BIG scheme, especially in tier 2/3 cities, and provide local mentorship for BIG aspirants for their application submission.
TWorks ventilator successfully completes technical evaluation
The performance of the affordable device was compared to the corresponding parameters of a sophisticated ventilator which is being currently used at the prestigious medical institute under standard conditions.
Central Government to fund 112 startups to promote Agri Firms
Minister of Agriculture and Farmers’ Welfare Narendra Singh Tomar said the funds will be given to the start-ups selected by different knowledge partners and agribusiness incubators in the area of agro-processing, food technology and value addition.
Intellectual property can be a business tool, say experts
Participating in a virtual intellectual property summit organised by the CII, OP Gupta said the government was taking many steps to popularise the intellectual property regime.
Zone Startups India partners with Startup India to launch online incubation programme for women entrepreneurs
Zone Startups India and Startup India have collaborated with 100 Open Startups as the Global Strategic Partner for the Virtual Incubation Programme for Women Entrepreneurs (VIP-WE).
Ample opportunities for pharma, life sciences sectors in Telangana: KTR
Minister says govt will explore opportunities in new areas such as digital drug discovery
Kerala announces new Entrepreneurship Development Programme
Thiruvananthapuram, Jul 28 (PTI) The Kerala
governmenton Tuesday announced a new Entrepreneurship
Development Programme to address the issues of shortage of
working capital and availability of credit faced by startups
and small entrepreneurs in the backdrop of the COVID-19
pandemic.
Karnataka to set up ₹5000 cr integrated biotech and life sciences park in Bengaluru
Karnataka is home to 60% of the country’s biotech companies and the state contributes one third of all biotech exports of the country
In Telangana, most COVID-19 patients are between 31-40 years
The lowest percentage of patients belonged to the 81 and above age group, with a total of 0.6%.
Indian startup develops Covid 19 detecting mobile app, takes 5 minutes
The technology uses the power of smartphone processor and sensors to capture a bunch of body signals to which are then analysed to detect propensity to Covid 19.
DRDO Launches Dare To Dream 2.0 Challenge To Promote Defence Tech Innovations
A cash award of up to 10 lakh for startups and INR 5 lakh for individuals will be given to winners
IIM-V gets TIDE centre to promote startups
The centre will get a funding of ₹1.70 crore over the next five years in instalments.
Government's app challenge gets 7000 entries; screening process starts
The App Innovation Challenge
Hyderabad-based ChitMonks launches two new products
The company’s first offering was a blockchain-based product that allowed State government regulators to administer chit fund operations
Odisha, Karnataka and Kerala rank at the top in quality COVID-19 reporting: Study
Odisha has scored high on availing most COVID data on rich visualisation, accuracy in reporting and protection of privacy of citizens while reporting data on the pandemic.
NetApp announces ExcellerateHER, an accelerator programme for women entrepreneurs in tech
NetApp Excellerator, the flagship accelerator programme by the global technology enterprise NetApp, will begin a new subset ExcellerateHER for women entrepreneurs. The programme will focus on B2B tech startups founded by women.
Door-to-door diesel delivery push: Startups to submit applications to state-run OMCs
Industry sources told The Sunday Express that the government “nudged” the state-owned OMCs to restrict the eligibility to startups to boost entrepreneurship in the country.
Chevella, the new industrial hub, says KTR
IT and Industries Minister K T Rama Rao said sustained efforts were being made by the Government to establish an industrial base on Chevella side
Mahindra Group launches Mahindra University in Hyderabad
Mahindra Group has launched Mahindra University (MU), an institution seeking to focus on offering a world-class, futuristic education and integrating the study of science and technology with Humanities, Ethics and Philosophy, and Design.
NPCI launches UPI AutoPay feature for recurring payments
Many organisations, including Axis Bank, Policybazaar, Razorpay, Timesprime, PayUIndia, among others will be providing the option of UPI AutoPay to its customers for recurring payments of subscriptions, monthly and yearly payments.
India’s top fitness and well-being startup Cure.fit expands to the US
Indian fitness and well-being startup Cure.fit, which has established a market-leading position in the country in four years of existence, is ready to stretch to a new geography.
Two Kerala firms selected for Startup Istanbul
Two Kochi-based firms are among the four startups selected from India for the Startup Istanbul meet to be held from October 20 to 22 in the Turkish city.
Hyderabad: An opportunity to excel on Independence Day
KTR asks innovators to showcase talent for social utility
India gets first lot of oxygen concentrators to treat mild covid-19
The Temasek Foundation will deliver remaining 15,525 oxygen concentrators in August, health ministry said
From Funding To Mentorship, Encubay Has Planned It All For Women-Led Startups
The sector agnostic six-months-long programme is open to businesses in ideation stage or execution stage
Telangana lays out red carpet for NRIs
KTR inaugurates Karimnagar IT tower, offers special incentives to NRIs willing to set up operations in Karimnagar and other parts of Telangana
T-Hub redesigns Lab32 programme
Set to go digital, hybrid dispensing with need for start-up founder to relocate to Hyderabad
Govt''s drone incubation fund DISHA to have allocation of less than Rs 500 cr: Aviation min official
The DISHA fund will give financial support to Indian startups and researchers to manufacture drones or UAVs for use in four sectors — infrastructure, security, healthcare and agriculture.
Bijnis raises $10 mn in Series A led by Sequoia, Matrix Partners India
Bijnis will use the capital to help manufacturers grow their business by expanding their distribution network of retailers across India
