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Ansys & IIT Bombay’s SINE Collaborate to support tech startups

Ansys will provide an evaluation or trial license for three months to the startups associated with SINE and will support them for the same.Read more

New RISE accelerator boosts circular economy collaboration between Indian, Australian startups

It is developed in collaboration between CSIRO and Atal Innovation Mission (AIM), the flagship initiative of the Indian government promoting innovation and entrepreneurship.Read more

India's E-scooter startups struggle amidst localisation challenges

A significant setback has emerged as several of these startups face criticism for importing parts from China instead of sourcing locally.Read more

CDIIC, SIDBI partner to boost Coimbatore startups with Rs 2 cr funding

The Codissia Defence Innovation and Atal Incubation Centre (CDIIC) has entered into a funding agreement with the Small Industries Development Bank of India (SIDBI) to support startups incubated at its Coimbatore facility.Read more

Tamil Nadu unveils ambitious Startup Policy 2023

Chief Minister M K Stalin officially launched the policy, which boasts 50 key action points, at the Secretariat. The primary objective is to align with the state government's ambitious goal of achieving a $1 trillion economy by 2030.Read more

Start-up Neuron Energy leads EV battery innovation with impressive growth

In 2023, 36 startups focused on EVs have secured over $480 million in investments.Read more

Tamil Nadu gears up for Global Investors Meet 2024, focuses innovation, job creation

Global Investors Meet (GIM) scheduled to take place in Chennai in January 2024. In November 2022, the Tamil Nadu Smart and Advanced Manufacturing (TANSAM) was inaugurated, established by TIDCO in partnership with Siemens. Read more

ONDC initiative boosts four key sectors: Deloitte report

Open Network for Digital Commerce (ONDC) is an initiative spearheaded by the Ministry of Commerce and Industry with the aim of establishing a supportive framework to empower small retailers in leveraging digital commerce.Read more

Ansys and Venture Center collaborate to create simulation center for startups

The parties have signed an MoU to provide early-stage startups with access to multiphysics simulation software and high-performance computingRead more

AI startup, Cognecto raised Rs 4 Cr in a seed round led by Inflection Point Ventures

Indian company, Cognecto raised investment in the seed round by Inflection Point Ventures. It aims to uniquely combine IoT, AI-driven operational analytics, and managed services to unlock a new level of efficiency in Heavy Equipment. The startup was also named one of the most innovative startups by IIT Delhi in 2023.Read more

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