Articles for Tech Startups

Hong Kong becomes new launchpad for tech startups, hit a record high in 2024
4 weeks, 1 day ago

Hong Kong becomes new launchpad for tech startups, hit a record high in 2024

Firstpost  

According to the most recent government data, the number of tech startups in Hong Kong reached a record high of 4,694 in 2024, including more than 600 in financial technology The Hong Kong government, which counts more than ten unicorns due to various definitions, has stated that it plans to increase the number of unicorns to 30 by 2032. According …

Tech Startup Hong Kong Startups Unicorns Tech Startups Kong
Opinion - Why carbon markets from COP29 could be the springboard climate tech startups need
2 months, 3 weeks ago

Opinion - Why carbon markets from COP29 could be the springboard climate tech startups need

India Today  

The COP29 summit in Baku did more than finalise Article 6 of the Paris Agreement - it sent a signal to the world: carbon markets are here to stay, and they can serve to be the financial backbone for climate innovation. In a world where venture capital is cautious and green powder is sitting idle, carbon markets can unlock the …

India Markets Market Climate Tech Renewable Energy Startups
Mint Primer: Why India needs to make inroads into deep tech
3 months, 1 week ago

Mint Primer: Why India needs to make inroads into deep tech

Live Mint  

Deep Tech encompasses groundbreaking ideas rooted in science and engineering, tackling major global challenges. However, a new playbook is emerging for deep tech startups, according to a report titled ‘India’s Deep Tech Revolution’, by venture firms Speciale Invest and Oister Global. Deep tech is attracting more capital, with investors like Peak XV, Blume Ventures, and Pi Ventures betting on innovations …

India Indian Tech Startups Deep Tech Deep Tech Startups Ventures Deep Ventures Deep Tech
Proptech's Transformative Role in Real Estate
4 months ago

Proptech's Transformative Role in Real Estate

Live Mint  

The real estate industry is experiencing a profound transformation, led by the rise of prop-tech, a technological revolution set to redefine how properties are developed, managed, and purchased. Watch the full episode here, Enhancing Efficiency and Reducing Errors with Technology Proptech innovations are significantly streamlining real estate operations, allowing developers to eliminate manual errors and improve project execution times. Startup …

Real Estate Legal Transparency Data Legal Disputes Sustainable Startups
Indian Startups Secure Record Funding in October, But Funding Slumps
4 months, 3 weeks ago

Indian Startups Secure Record Funding in October, But Funding Slumps

Deccan Chronicle  

Indian startups attracted funding of Rs 1.2 billion in October, indicating a rebound from the funding winter. However, funding was subdued both on a year-on-year and sequential basis. Fintech, e-commerce, and education startups led the funding activity, with Bengaluru and Mumbai-based startups playing a significant role.

Tech Startup Funding Tech Startups Funding Trends Chennai
Budget 2024: 18% hike for Department of Space, lion’s share for development of space tech
8 months, 1 week ago

Budget 2024: 18% hike for Department of Space, lion’s share for development of space tech

The Hindu  

The Department of Space received an 18% hike over its expenses in 2023-2024 in the 2024-2025 Union Budget presented by Finance Minister Nirmala Sitharaman on Tuesday. Mixed reactions Importantly, Ms. Sitharaman also announced a pool of ₹1,000 crore, or around $120 million, as venture capital funding for space start-ups, with the goal of “expanding the space economy by five times …

Indian Sitharaman Space Tech 2024 Budget
AI weather startups claim more accurate forecasts than Bureau of Meteorology
9 months, 3 weeks ago

AI weather startups claim more accurate forecasts than Bureau of Meteorology

ABC  

In short: Tech startups are offering weather forecasting services they claim are more accurate than forecasts offered by the Bureau of Meteorology. AI 'revolution' Speaking at a forum organised by the US-based Environmental and Energy Study Institute in January, Columbia University geophysics professor Pierre Gentine said artificial intelligence was ushering in a "second revolution for weather forecasting". One of the …

Weather Services Company Tech Startups Ai Supplied Bom
More money is going to African climate startups, but a huge funding gap remains
10 months, 4 weeks ago

More money is going to African climate startups, but a huge funding gap remains

Associated Press  

NAIROBI, Kenya — When Ademola Adesina founded a startup to provide solar and battery-based power subscription packages to individuals and businesses in Nigeria in 2015, it was a lot harder to raise money than it is today. Still, the investment numbers for the climate tech sector — which includes businesses in renewable energy, carbon removal, land restoration and water and …

Energy Climate Money Renewable Energy Nigeria Startups Funding
More money is going to African climate startups, but a huge funding gap remains
10 months, 4 weeks ago

More money is going to African climate startups, but a huge funding gap remains

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Still, the investment numbers for …

Climate Money Renewable Energy Capital Tech Startups Sector Private
Spacex CEO Elon Musk set to meet with Indian space startups: Report
11 months, 2 weeks ago

Spacex CEO Elon Musk set to meet with Indian space startups: Report

India Today  

Elon Musk is expected to meet with India's growing space technology startups during his visit to the country starting on April 22, reported Moneycontrol. After Indian startups visited SpaceX's facilities in the US a while back, the government has now invited companies like Skyroot Aerospace, Dhruva Space, Piersight, and Digantara for talks with the SpaceX CEO in New Delhi. The …

Space Indian Tech Startups Meeting Spacex Indian Startups Meet Musk
Long-term funding on cards for deep-tech startups
1 year, 3 months ago

Long-term funding on cards for deep-tech startups

Live Mint  

New Delhi: The government is working on a new policy to financially support deep-tech startups so that India can be globally competitive in technology as well as boost its space, defence, energy, medical sciences and pharmaceuticals capabilities, Ajay Kumar Sood, chairperson of the Prime Minister’s Science, Technology and Innovation Advisory Council, and principal scientific advisor to the government, said in …

India Tech Startup Startups Digital Sood Deep
2023 in review: For Indian tech startups, an unrelenting funding winter
1 year, 3 months ago

2023 in review: For Indian tech startups, an unrelenting funding winter

Live Mint  

The Indian tech startup ecosystem continued to grapple with a funding slowdown in 2023. Slowdown bites Total funding received by Indian tech startups declined by 72% in 2023. Shifting order With a total funding of less than $10 billion received for tech startups this year, India has slipped one notch to fourth place among the highest-funded tech startup geographies globally …

Tech Funding Tech Startups 2023 Indian Startups Tracxn
Why deep pocketed investors shy away from deep tech startups
1 year, 6 months ago

Why deep pocketed investors shy away from deep tech startups

The Hindu  

Mansoor Rahimat Khan, co-founder of Bengaluru-based generative AI start-up Beatoven.ai, is currently in San Fransisco trying to raise a series A round of funds for his company. The generalist investment firms also lack a portfolio of deep tech companies which would have helped with risk amortization,” Dr. Anandkumar adds. “If deep tech is not going to get me better than …

Technology India Bengaluru Tech Startup Capital Investors
Three startups graduate from defence incubation centre in Coimbatore
1 year, 7 months ago

Three startups graduate from defence incubation centre in Coimbatore

The Hindu  

Vikra Ocean Tech, Dataspire Technologies, and Garudan Unmanned Systems that were incubated at the CODISSIA Defence Innovation and Atal Incubation Centre in Coimbatore graduated on Thursday, August 24. These companies and the CDIIC will also sign agreements with the Defence Public Sector Undertakings and indigenise select components or equipment for the defence sector. The CDIIC, which was set up by …

Defence Coimbatore Centre Cdiic
Deep tech startups taking brave risks
1 year, 7 months ago

Deep tech startups taking brave risks

The Hindu  

The Great Indian Startup Boom of the last decade, led by young entrepreneurs and catalysed by the government’s Startup India movement, created an environment of entrepreneurship in India. The successes at IIT Madras’s Research Park, which has incubated over 200 deep tech companies cumulatively valued at over ₹50,000 crore including those in space and aviation; the C-CAMP, which has in …

India Industry Tech Startup Indian Startups Sectors
AI, policy challenges and a ferry service: The Next Web 2023
1 year, 10 months ago

AI, policy challenges and a ferry service: The Next Web 2023

Dutch News  

It’s a simple, old-fashioned innovation in a city built on water, but this year’s visitors to The Next Web conference in June will be able to reach the venue via a dedicated ferry service from Amsterdam’s central station. “There are a lot of changes that are happening at a policy level around start-ups in the Netherlands, and that shows even …

Policy Tech Ai Butler Tnw Van Der Erve
Silicon Valley Bank failure could wipe out 'a whole generation of startups'
2 years ago

Silicon Valley Bank failure could wipe out 'a whole generation of startups'

NPR  

Silicon Valley Bank failure could wipe out 'a whole generation of startups' Enlarge this image toggle caption Shelf Engine Shelf Engine Stefan Kalb was in the middle of a meeting around 1 p.m. on Thursday when a fellow company executive sent him a panicked Slack message: "Do you know what's happening at SVB?" "If you're a high-growth startup, you can't …

Tech Money Bank Tech Startups Tan Valley Sponsor Message
Minister calls for tech intervention in animal husbandry
2 years, 1 month ago

Minister calls for tech intervention in animal husbandry

Deccan Chronicle  

Hyderabad: Union animal husbandry minister Parshottam Rupala said technology could play a crucial role in the field of animal husbandry, fisheries and dairying sectors. Now, it is very important that there should be technological intervention,” said Rupala at the Grand Startup Conclave on animal husbandry and dairy on Tuesday. “This is an open invitation for the youth to join and …

Animal Minister Husbandry
New Era Beckons For Space Sector In India: Deep Space Startups Set To Boost Space Economy
2 years, 5 months ago

New Era Beckons For Space Sector In India: Deep Space Startups Set To Boost Space Economy

ABP News  

India is ushering in a new era in space, due to the efforts of the Indian Space Research Organisation, reforms in the commercial space sector, and the emergence of deep space tech startups. Role of space tech startups and private sector in the Indian space economy Dr Sudheer Kumar, Director, Capacity Building Programme Office, ISRO, said that startups can take …

India Tech Services Congress Indian Startups Microsoft
How co-working spaces lead to more innovation for tech startups
2 years, 7 months ago

How co-working spaces lead to more innovation for tech startups

Live Mint  

For tech startups wondering where to locate their new companies, here’s one suggestion: Set up shop near another tech startup, preferably one that isn’t in the same business. In a working paper, researchers from Harvard University, the Georgia Institute of Technology and the Massachusetts Institute of Technology measured the exchange of ideas that occurred between tech startups located near each …

Technology Tech Startups Tech Startups Working Roche Idea Sharing
Yes Bank invests in startups incubator Venture Catalysts
2 years, 7 months ago

Yes Bank invests in startups incubator Venture Catalysts

Live Mint  

On Wednesday, Yes Bank invests in Venture Catalysts Group Funds, which is an integrated incubator that offers funding, mentorship, and network to startup founders from the idea inception stage to the growth stages of the startup journey. Also, the fresh capital Ajay Rajan, Country Head - Transaction Banking, Yes Bank said, “We are pleased to partner with Venture Catalysts and …

India Bank Fintech Tech Startups Fund Yes Bank Venture Catalysts
Elon Musk 'had TWINS with one of his top executives' weeks before he welcomed child with Grimes
2 years, 8 months ago

Elon Musk 'had TWINS with one of his top executives' weeks before he welcomed child with Grimes

Daily Mail  

Elon Musk quietly had twins with one of his top executives weeks before he welcomed a child with Grimes via surrogate, court documents have revealed. Shivon Zilis, 36, pictured, one of the top executives at Elon Musk's company Neuralink, welcomed twins with the Tesla CEO in November, court documents revealed Musk reportedly welcomed the twins weeks before he had a …

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Netflix co-founder helps direct startups amid tech turmoil
2 years, 9 months ago

Netflix co-founder helps direct startups amid tech turmoil

Associated Press  

SANTA CRUZ, Calif. — Longtime Netflix CEO Reed Hastings is renowned for building a video streaming service that has transformed entertainment, but it probably wouldn’t have happened if not for his friendship with serial entrepreneur Marc Randolph. Randolph, 64, recently shared his insights with the The Associated Press at a cafe near the Santa Cruz, California, post office where he …

Tech Netflix Going Randolph Hastings
Why many IT professionals now want to work for big, boring companies again
2 years, 9 months ago

Why many IT professionals now want to work for big, boring companies again

Live Mint  

After the 2008 recession, large, established corporate employers fell out of fashion. Silicon Valley investors expect this to hurt the ability of startups — particularly unprofitable ones — to raise cash, so they are telling companies to prepare for a downturn. Here’s an example of the new direction: A stodgy old bank like Citigroup Inc. has a growing need for …

Job Work Workers Silicon Valley Tech Startups Citigroup