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Indian startups raised record USD 24.1 billion in 2021, reports Nasscom

NEW DELHI: Indian startups raised a record $24.1 billion in 2021, a two-fold increase over pre-Covid levels, while $6 billion were raised via public markets with 11 startup IPOs, a new Nasscom report said on Friday.The Indian tech startup base continues to witness steady growth, adding over 2250 startups in 2021, which is 600 more than 2020. India, accounting for …

IT industry body Nasscom on Thursday said the sector continues to be a net hirer of skilled talent, and the top 5 Indian IT companies are planning to add over 96,000 employees in 2021-22. The industry continues to be a net hirer of skilled talent, adding 1,38,000 people in FY2021," Nasscom said in a statement. "The industry is upskilling more …

International Women's Day 2021: Google announces $25 million global Google.org Impact Challenge for Women and Girls

India added more than 1,600 tech startups in 2020, making it the third-largest tech startup hub in the world, industry body Nasscom said in its Strategic Review 2021 titled ‘New World: The Future is Virtual’. Indian tech contributed about 8% relative share to the national gross domestic product, despite headwinds in 2020, with 52% relative share in services exports and …

Microsoft, along with NASSCOM, aims to skill 10 lakh students in India in Artificial Intelligence by 2021. The AI Classroom Series is developed to coach students in basic AI, machine learning and data science on Azure, Microsoft’s cloud platform. “Technologies like AI are becoming enablers for every business today, making the need for creating an AI ready ecosystem vital for …