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 A sleek design showcasing the partnership between SC Ventures by Standard Chartered and Kiya.ai, emphasizing the tagline "Digital future made real."

SC Ventures and Kiya.ai Partner to Launch Immersive Tech Startup in India

SC Ventures and Kiya.ai have announced a joint venture to establish an immersive technology startup in India. Combining SC Ventures' expertise in financial technology with Kiya.ai’s capabilities in AI and digital solutions, the startup will focus on deploying virtual reality (VR), augmented reality (AR), and mixed reality (MR) technologies. The venture aims to transform industries such as banking, commerce, real estate, and entertainment while aligning with India's 'Digital India' mission.

A vibrant pink background featuring three team members of Clueso in individual frames above a screenshot of their product interface. Logos of Clueso and Y Combinator, indicating their backing, are also displayed.

Clueso: The YC-Backed Startup Revolutionizing SaaS Training with AI-Powered Video and Documentation Tools

Clueso, a Y Combinator-backed startup, revolutionizes SaaS training by transforming raw screen recordings into polished, AI-enhanced instructional videos and documentation. Founded by IIT Madras alumni, the platform streamlines content creation with branding, animations, and multilingual support, offering scalable solutions for businesses seeking efficient and professional-grade training tools.

By
ES
A white semi-truck driving on a highway during sunset with a blurred background, emphasizing motion. The company logo, "STARKENN," is displayed in the upper right corner of the image.

Starkenn Technologies Brings Advanced Vehicle Safety with ADAS Solutions

Starkenn Technologies, founded in 2022 by brothers Sumedh Badve and Swastid Badve, is revolutionizing vehicle safety in India with its Advanced Driver Assistance Systems (ADAS). The Pune-based startup offers solutions like Brake-Safe, Attention, and Stark-I, which enhance driver safety and reduce accidents. Recognized by the DPIIT, Starkenn has deployed its technology in over 2,500 vehicles, serving industries such as mining and logistics. The company plans to expand its reach in the commercial fleet and logistics sectors, aiming to become a leading indigenous ADAS provider.

The image shows several small, LED tea light candles with warm yellow-orange flames, creating a cozy, glowing effect against a dark background. The candles have a realistic flame design with some featuring textured surfaces that mimic melted wax. In the upper right corner, the logo "Ted Tech" is displayed in a black rectangle, with "Ted" in a red box and "Tech" in white text.

TedTech Traders Disrupts LED Market with Innovative Water-Activated Diyas

TedTech Traders, founded in 2019 in Vasai, Mumbai, has rapidly transformed from an online LED seller to a pioneer in LED home decor, merging technology with traditional designs. After observing customers’ desire for authentic diya experiences, TedTech introduced the Water Sensor Diya, which activates when filled with water. With patented products like the LED Lotus Reflection Diya and 3D Reflection Water Sensor Diya, TedTech has expanded to seven countries and recently launched app-controlled LED panels. As a certified ISO 9001:2015 company, TedTech continues to deliver innovative, affordable lighting solutions, staying committed to quality and local manufacturing.

The image shows the logos of GalaxEye and SpaceX with a handshake icon between them, above a satellite orbiting Earth. The satellite is depicted with extended solar panels, hovering over a view of Earth's atmosphere and surface from space.

GalaxEye Partners with SpaceX for 2024 Earth Observation Satellite Launch

Indian spacetech startup GalaxEye has teamed up with SpaceX to launch its first multi-sensor Earth observation satellite, Drishti, in 2024. The satellite will use Synthetic Aperture Radar (SAR) and Optical/Multispectral Imaging (MSI) to capture high-resolution images in all weather conditions. This marks the beginning of a five-satellite constellation, aiming to offer daily revisits and sub-1 meter resolution by 2025. The collaboration highlights India's growing presence in the global spacetech industry, aligning with the “Make in India for the World” initiative​.

By
ES
The image features Deepinder Goyal, CEO of Zomato, smiling with arms crossed. In the background is a mobile phone screen displaying the Zomato app, showcasing food delivery deals like "Epic Deals" and "40% Off." Beside him, a graphic illustration shows a delivery person on a blue scooter carrying a package, representing Zomato Xtreme’s logistics service. The logos of "Xtreme by Zomato" and "Zomato" appear prominently in the backdrop against a red and green design.

Zomato’s Revamp of Xtreme: A Bold Experiment to Recalibrate Logistics

Zomato is once again venturing into logistics with the revamped launch of Xtreme, its parcel delivery service. After suspending the service in July due to low demand, the food delivery giant is now refocusing Xtreme to align with its core strength—last-mile food delivery. Initially aimed at a broad logistics market, Xtreme 2.0 will now serve restaurants that manage their own orders but need high-quality delivery solutions. This move is part of Zomato’s ongoing strategy of experimentation, testing new business lines while staying anchored in its food delivery expertise. Will this pivot lead to lasting success? Only time will tell.

By
ES
On the left, the GalaxEye logo is displayed above the tagline 'Sensing Beyond Vision' with an illustration of a satellite against a backdrop of space. On the right, five men, including GalaxEye CEO Suyash Singh and his team, pose in a modern office setting next to a scale model of a satellite.

Infosys Invests in GalaxEye to Boost Indian Earth Observation Technology

Infosys has announced a $2 million investment in Indian Earth-observation startup GalaxEye Space as part of its Series A round. This partnership aims to enhance satellite data fusion, AI-driven analytics, and next-gen space technologies. GalaxEye, founded by Suyash Singh and his IIT Madras colleagues, is set to launch the world’s first multi-sensor Earth-observation satellite in 2025. The satellite, equipped with synthetic aperture radar and multispectral sensors, will offer unique capabilities for the Indian Armed Forces, including low-light surveillance and camouflage detection. The Infosys investment follows GalaxEye’s recent $6.5 million Series A funding.

The image features the AWS logo on the left, with a large number "7" in the center, accompanied by the text "Indian Startups" below. On the right, a person with a magnifying glass observes a webpage, symbolizing research or innovation. The orange and dark blue color scheme enhances the visual appeal, highlighting AWS’s selection of seven Indian startups for their generative AI accelerator program.

AWS Selects 7 Indian Generative AI Startups for Global Accelerator Program

AWS has selected seven Indian generative AI startups for its Global Generative AI Accelerator program, the largest group from any Asia-Pacific country. Startups like Convrse, House of Models, and Neural Garage will receive up to $1 million in AWS credits, technical support, and mentorship. This initiative will help them scale globally using AWS's AI infrastructure, including tools like Amazon SageMaker and AWS Trainium. These startups will also present their innovations at the re event in Las Vegas, providing opportunities for global exposure and investor connections.

Promotional banner for YourStory's TechSparks Bengaluru 2024 event, featuring Tech30. The banner has a dark red gradient background with binary code patterns on the right. The text reads "YourStory TechSparks Bengaluru 2024" at the top, and "Tech30" in large white and gold letters in the center. The design is modern and tech-oriented, highlighting the significance of the Tech30 showcase at the event.

Tech30 2024: Apply Now to Join India’s Top 30 Promising Startups

YourStory’s Tech30, a highlight of the TechSparks event, is calling for applications for its 2024 cohort. This initiative identifies and showcases India’s top 30 most promising tech startups, offering them a platform to demonstrate their innovation and potential. Past Tech30 alumni include industry disruptors and unicorns such as Freshworks and Chargebee, reflecting the high caliber of startups recognized through this program. Selected startups will benefit from exclusive exposure at TechSparks Bengaluru 2024, taking place from September 26 to 28. They will have the opportunity to present their ideas, connect with potential investors, and network with industry experts and mentors. Applying for Tech30 offers a chance to join a prestigious group of emerging leaders and gain significant traction in the tech ecosystem.

The image features a horizontal banner divided into two distinct sections. On the left, there's a stylized depiction of the Earth with trees and bushes under a bright sun, symbolizing environmental sustainability and the planet. The right section displays a logo labeled "INDUS DC" accompanied by an atom-like design and a graphic of stacked money bills with a hand placing or holding a bill, illustrating the concept of investment or financial support in the context of environmental and technological ventures.

IndusDC Pledges ₹100Cr to Launch Tech Startups for Climate Goals

IndusDC, committed to reducing 1 giga tonne of CO2 emissions by 2035, has earmarked Rs 100 crore for supporting tech startups in the industrial and energy sectors for FY25 and FY26. Aiming to launch five startups within two years and over 50 globally in a decade, each will receive up to Rs 20 crore from a mix of grants, equity, and debt. Founded by Kushant Uppal, Satyanarayanan Seshadri, and Kaustubh Hanmantgad, IndusDC has secured an investment from Mirik Gogri of Spectrum Impact. They're collaborating with IIT Madras on three hard-tech startups and planning to partner with other research institutes to harness intellectual properties for scalable ventures.

Logos of the Indian Institute of Technology Kanpur (IIT Kanpur) and the Association of Southeast Asian Nations (ASEAN) with a handshake icon between them, symbolizing a collaboration. The background is divided into two shades of blue, enhancing the partnership theme.

IIT-Kanpur and ASEAN Forum Partner to Boost Startup Growth in SE Asia

In a significant move to strengthen the startup landscape across ASEAN nations, the Foundation for Innovation and Research Support (F.I.R.S.T) at IIT-Kanpur signed a Memorandum of Understanding (MoU) with the ASEAN Economic Forum. The signing ceremony occurred at the India-ASEAN ScaleHub Programme 2024 in Bali, Indonesia. This collaboration aims to enhance technology access, market opportunities, and business connections for startups in ASEAN countries. Funded by the Indian government through the ASEAN-India Science and Technology Development Fund, the India-ASEAN ScaleHub Programme is supported by the Department of Science and Technology and Ministry of External Affairs. It promotes India-ASEAN partnerships through innovation-driven activities, fostering economic ties, and sustainable development. The event gathered senior stakeholders and 40 startups, providing resources, mentorship, and opportunities for business expansion across ASEAN markets.

A man wearing a blue cap and black sweater smiles warmly against a brown background. The text "Glean" is prominently displayed in large blue and white letters to the left of the man.

Glean Technologies Opens 26,000 Sq Ft Bengaluru Office to Boost AI Innovation

California-based Glean Technologies has opened its first office in Bengaluru, India, spanning 26,000 square feet. This new hub will centralize the company’s finance, sales, research and development, and business operations in India. Founded in 2019 by Arvind Jain, Vishwanath T R, Tony Gentilcore, and Piyush Prahladka, Glean Technologies is known for its enterprise search and knowledge management solutions that integrate company data across various platforms. Headquartered in Palo Alto, Glean has raised $350 million from top investors, achieving a valuation of over $2.2 billion. The company plans to expand its workforce from 150 to over 450 employees by next year, focusing on R&D in Bengaluru. Glean is also growing its APAC customer base through strategic partnerships with major enterprise firms.

A scientist wearing a mask and protective gear holds a microchip, with the iVP Semi logo displayed prominently on the right side. The background features a circuit board design, highlighting the focus on semiconductor technology.

iVP Semi Secures $5M to Boost India's Fabless Semiconductor Market

Raja Manickam, CEO of Tessolve, has launched iVP Semi, a fabless semiconductor startup, securing $5 million in Pre-Series A funding from undisclosed investors. The funds will be used to establish testing facilities and expand operations in India, with plans for chip design centers in Chennai and Bengaluru. iVP Semi aims to localize semiconductor chip production, enhancing technological autonomy for Indian companies. iVP Semi is collaborating with the Tamil Nadu government to set up a 20,000 sq. ft. “production test” facility in Chennai by October 2024 and plans a second unit in South India. The launch aligns with rising semiconductor demand, supported by government incentives, and aims to bolster India's position in the global semiconductor market.

Illustrated banner for Bengaluru India Nano 2024, featuring a river flowing through a forest of trees on a hexagonal patterned ground. Text labels 'Climate,' 'Energy,' and 'Healthcare' appear at the top, while event details 'August 1st-3rd, The Lalit, Bengaluru' are displayed on the right side alongside the event logo.

Innovative Nanotech Startups to Pitch at Bengaluru India Nano 2024

Bengaluru India Nano aims to highlight the most innovative startups in Nanoscience and Nanotechnology. During the 13th event, these startups will present pioneering concepts, emphasizing Nanotechnology's crucial role in their products or services. This platform allows startups to showcase their ideas to industry leaders, research experts, policymakers, venture capitalists, and global startups. With over 700 delegates representing international organizations, the event offers invaluable exposure. The BIN-2024 Conference committee manages the selection process. Startups will connect with leading experts, mentors, top corporations, and investors. Eligible startups must be registered in India and less than 10 years old. Applications close on July 10, 2024.

Three founders of Fabriclore, Vijay Sharma, Sandeep Sharma, and Anupam Arya, standing in front of the company's logo. The background features a colorful and abstract design, highlighting the fabric sourcing platform.

Fabriclore Raises $1.6M to Expand Tech-Enabled Fabric Sourcing Globally

Jaipur-based Fabriclore has raised $1.6 million in funding led by PeerCapital from Bengaluru and Regal Fabrics from the UAE. This tech-enabled fabric sourcing platform for fashion businesses will use the funds to expand its presence in key markets, including India, the Middle East, Europe, and the USA. The company will invest in technology to streamline operations, enhance customer experience, and scale internationally. Founded in 2016 by Vijay Sharma, Sandeep Sharma, and Anupam Arya, Fabriclore offers a wide portfolio of cotton, viscose, sustainable, and polyester fabrics. With a catalogue of 10,000 SKUs developed by over 550 suppliers, it has onboarded over 200 private labels within 12 months of its B2B pivot. Fabriclore also created the Fabric Experience Studio in Jaipur and plans more in tier-A cities in India and the UAE.

The image features a promotional banner for Cloudphysician, an AI healthcare company. On the left side of the banner, there's a graphic of a doctor wearing a lab coat with a stethoscope, symbolizing healthcare. The center and right sections of the image display a large, bold logo of Cloudphysician against a blue background with light blue wave patterns. On the right, there are photos of two smiling men, Dr. Dhruv Joshi and Dr. Dileep Raman, the co-founders, wearing blue polo shirts with the Cloudphysician logo, representing the leadership behind the company. The overall design conveys a professional and innovative healthcare service.

Cloudphysician Raises $10.5M in Series A to Revolutionize Global Critical Care with AI

Cloudphysician, an AI healthcare startup based in Bengaluru, has secured $10.5 million in a Series A funding round led by Peak XV Partners, alongside Elevar Equity and Panthera Peak. The funding will bolster the startup's growth within India and its expansion into global markets including the US. This infusion of capital will enhance Cloudphysician’s AI platform, RADAR, advancing its co-pilot features to support medical professionals more effectively. Founded in 2017, Cloudphysician aims to transform critical care delivery by leveraging its AI-powered digital Care Center platform to manage ICU operations across approximately 2,400 beds in 230 hospitals. This innovative approach has significantly reduced ICU mortality rates by up to 40%, demonstrating Cloudphysician’s impact on healthcare efficiency and patient outcomes.

The image features a horizontal banner for Zyod, showcasing a stylized, graphic design. The left side prominently displays the logo "ZYOD" in large, bold white letters on a dark green background. To the right, a detailed illustration depicts a person, seen from behind, working on fashion design patterns. They are hanging up various pieces of pattern paper, which include different garment outlines. The scene is set against the same dark green background and emphasizes elements of fashion design such as scissors, threads, and pins, adding to the creative, industry-focused theme of the banner.

Zyod Raises $18M in Series A to Expand and Innovate in Fashion Manufacturing

Zyod, a tech startup based in Gurugram, has secured $18 million in Series A funding to expand its global reach in the fashion manufacturing industry. Led by RTP Global, with participation from existing investors like Lightspeed and Alteria Capital, the funding will propel Zyod’s expansion into over 40 countries. The startup's innovative ERP software has revolutionized production processes, optimizing operations across more than 80,000 Indian factories. With this new capital, Zyod aims to penetrate markets in Brazil and Australia, and explore under-tapped regions such as Africa and Scandinavia. The company also recently launched a mobile app to better serve long-tail and enterprise clients, enhancing customer engagement and operational efficiency.

The image is a banner for British International Investment, featuring a graphic design related to the electric vehicle (EV) industry. On the left, there's a green electric charging station with a white and blue electric car connected to it, symbolizing the charging process. In the center, there are two large bags of money adorned with the UK flag, representing significant financial investment. A large black lightning bolt symbol next to the money bags emphasizes the focus on electric power. The background is decorated with green and white curved lines, suggesting energy and movement. The company name "British International Investment" is prominently displayed, anchoring the theme of the banner.

British International Investment Targets $300 Million in India’s EV Sector

British International Investment (BII) plans to invest an additional $300 million in India's electric vehicle (EV) sector over the next three years, as stated by Abhinav Sinha, MD and Head of Technology & Telecoms. BII has previously funded Mahindra's EV operations and startups like Euler Motors, Turno, and Battery Smart, aiming to expand its reach in EV manufacturing, components, and financing. Highlighting India's current 6% EV market penetration, Sinha sees significant growth potential, projecting a rapid increase. He emphasized the strategic importance of early-stage investments, typically between $5 to $10 million. Moving forward, BII is dedicated to advancing India’s electric mobility, with a focus on enhancing the industry's infrastructure and consumer adoption through investments across the EV value chain.

The image features a tranquil outdoor yoga scene set against a backdrop of a gentle sunrise and green landscape. On the left, a person is performing a yoga pose on a purple mat. In the center, a woman is seated cross-legged in meditation on a brown yoga mat. Several rolled yoga mats are displayed to the right, including one with the "YogiFi" branding. The "YogiFi" logo appears prominently in the foreground, symbolizing the brand's connection to nature and wellness. This serene setting evokes a peaceful and engaging environment for yoga enthusiasts.

YogiFi Launches: The Revolutionary AI-Powered Yoga Mat

YogiFi, a pioneering AI-powered yoga mat developed by Wellnesys Technologies at IIT Mandi's Technology Innovation Hub, is set to revolutionize home yoga practice. This "Make in India" product uses advanced sensors and AI to support asanas and analyze postures in real time, functioning as a virtual yoga instructor with personalized feedback to enhance user experience. Ideal for beginners, YogiFi provides interactive classes and posture guidance, adapting to individual progress for tailored coaching. The mat also integrates with smart home devices to optimize the yoga environment by adjusting music and lighting. Representing a blend of tradition and innovation, YogiFi underscores India’s commitment to technology and self-reliance, transforming the ancient art of yoga.

Picture is a banner image of OpenAI logo

OpenAI Launches ChatGPT Desktop App for Mac

OpenAI has launched a ChatGPT desktop app for Mac, now available to all users via their official website. This app, compatible exclusively with Apple Silicon Macs running macOS 14 or newer, offers several features including quick access through “Option + Space” keys, enhanced control over file uploads and conversation searches, and a new voice mode for verbal interaction. Additionally, users gain free access to the latest GPT-4 model. This release promises to streamline workflows and boost productivity, with a Windows version set to arrive later this year, broadening the app's accessibility.

By
ES
GreyLabs AI logo with a stylized circuit board background and a robotic figure standing on an AI chip.

GreyLabs AI Raises $1.5M Seed Round Led by Matrix Partners India

Proptech startup Landeed has announced securing strategic financing led by Paradigm Shift VC, though the amount remains undisclosed. The funds will be used to extend Landeed's product line and expand its workforce to support growth both in India and internationally. Previously, in January 2023, Landeed raised $8.3 million from Y Combinator, Draper Associates, and Bayhouse Capital.

This image features a wide banner designed for a business or venture capital theme. On the left, there is a logo labeled "VentureSoul PARTNERS" within a rectangular box. The middle section displays a graphic of a hand holding a money bag, symbolizing financial investment or support. The background transitions from a golden sunset color on the left to a deep blue on the right, where an outline of a city skyline is illustrated, representing an urban business landscape. The design elements combine to convey themes of investment, partnership, and urban business development.

VentureSoul Launches INR 600 Cr Debt Fund Targeting Tech Startups in India

VentureSoul Partners has unveiled its first debt fund, VentureSoul Capital Fund I, setting a target corpus of INR 600 crores. Registered under SEBI as a Category II AIF, the fund has attracted investments from family offices, corporates, and high-net-worth individuals, with Micro Labs Ltd. serving as the anchor investor. Other notable investors include figures from KreditBee, Glen Appliances, and Baazar Kolkata. The fund aims to support tech startups across various sectors such as fintech, B2C, B2B, and SaaS, targeting companies at the Series A stage or beyond with a solid revenue model and at least $10 million in prior equity funding. VentureSoul, founded by three former bankers, is committed to introducing innovative debt solutions for startups, addressing a gap in structured financing within India's tech ecosystem. The fund plans to complete its first close by the end of June, focusing on startups that demonstrate substantial growth potential and revenue generation.

The promotional banner for "Weather Union," a Zomato Giveback initiative, features a bright sky background with the logo "Weather Union" centrally positioned. On the right, there's an advanced weather station outfitted with sensors and a solar panel, showcasing the project's technological investment. On the left, Deepinder Goyal, co-founder of Zomato, is depicted smiling, adding a personal touch and highlighting his involvement in the initiative. The banner effectively merges technology with community engagement, emphasizing the initiative’s commitment to providing valuable weather data for public good.

Zomato Unveils 'Weather Union': India’s First Crowd-Sourced Weather Network

Zomato, led by co-founder Deepinder Goyal, has launched 'Weather Union', the first crowd-supported weather network in India, designed to provide accurate, real-time weather data. This initiative includes over 650 weather stations across 45 major cities, enhancing decision-making in various sectors. Under the 'Zomato Giveback' program, this weather data is freely accessible via an API, promoting economic productivity and community involvement. Zomato encourages public participation by inviting volunteers to host weather stations, marking a significant step in leveraging technology for public good.

The image features a promotional banner for Testsigma, showcasing three of its founders against a dark backdrop overlaid with circuit board designs. From left to right, the founders displayed are Rukmangada Kandyala, Pratheep Velicherla, and Vikram Chaitanya, all wearing black polo shirts with the Testsigma logo. The Testsigma logo is also displayed prominently on the left side of the image, symbolizing the company's focus on tech innovation.

Testsigma Secures $8.2M for AI-Driven QA: Enhances Automation with Generative AI

Testsigma, an Indian-founded AI-powered, low-code test automation platform, announced it has raised $8.2 million in a funding round led by MassMutual Ventures, with participation from previous investors Accel, STRIVE, and BoldCap. The company, which raised $4.6M in 2022, introduced new GenAI features to enhance QA team efficiency and unveiled a product for the Salesforce ecosystem. Founded in 2019 by Rukmangada Kandyala, Pratheep Velicherla, Vikram Chaitanya, and Rajesh Reddy, Testsigma aims to automate testing using natural language and generative AI.

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