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Government funding plays a key role in catalysing AI in pharma
In this interview with Sanskriti Ramachandran, Sudipta Ghosh navigates the role of policies and regulations within the pharma industry.Read more
Manufacturing tech startup Fabrication Bazar raises $3 million funding
The profitable start-up Fabrication Bazar (Ben & Gaws), which has built a network of nearly 330+ verified vendors across India and Vietnam, will use the funds to further enhance the tech platform, increasing geographic presence primarily in GCC and SEA regions, and team expansion.Read more
Scimplify secures $9.5 million in Series A funding led by Omnivore
Founded in 2023 by Salil Srivastava and Sachin Santhosh, Scimplify operates as a business-to-business (B2B) platform that manages the end-to-end sourcing and manufacturing of specialty chemicals.Read more
India to boost funding for energy efficient technologies for MSMEs
Some of these technologies could include automation and control systems for optimal resource utilisation and loss reduction, combustion control systems for boilers, pocket ventilation systems, air-dyeing technology, and methane capture technology, among others. Read more
MNRE issues green hydrogen rules for funding testing & certification facilities
Under the scheme, a total budgetary outlay of Rs 2 billion has been earmarked until the financial year 2025-26. Read more
Robotics firm DiFACTO raises Rs 400 million in funding from Stakeboat Capital
DiFACTO has three factories in Bengaluru, branches in Pune and Gurgaon, and a wholly-owned subsidiary in Michigan, USA. Read more
Merak Ventures seed funds Rs 100 mn in chemical manufacturing platform, Atomgrid
Merak Ventures invests Rs 100 million in Atomgrid, a chemical manufacturing platform co-founded by IIT-BHU alumni, aiming to enhance R&D and global outreach for Indian chemical manufacturers.Read more
Demand surge in Indian battery market underscores pressing need for action
The domestic market lacks raw materials. India does not possess abundant lithium mining resources, says Yvonne ZhangRead more
LOHUM secures $54 million in Series B Funding to expand global market
LOHUM, India's largest producer of sustainable energy transition materials via battery recycling & raw material refining, and battery repurposingRead more
IESA proposes key reforms for India's Energy Storage Sector ahead of budget session
This initiative aims to extend electricity access across the country. In the previous year's Union Budget, Viability Gap Funding for 4GWh of projects was announced as part of a $4 billion 'Green Growth' package.Read more