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TREND | 12 Sep 2024

Yotta, Nasscom, Telangana AI Mission Launch Accelerator Programme For Startups

NDTV Profit

Through this programme, the startups identified by Nasscom's GenAI Foundry will get access to credits up to $200,000 for Shakti Cloud, India's AI-HPC supercomputer.

Startups

TREND | 11 Sep 2024

Accel Atoms 4.0 to invest up to $1 mn in startups focused on 'Bharat', AI

Business Standard

Global venture capital firm Accel on Wednesday announced the launch of Accel Atoms 4.0, the fourth edition of its pre-seed scaling programme, Accel Atoms, that offers chosen startups up to USD 1 million funding along with perks of over USD 5 million from Accel network partners. Accel Atoms 4.0 builds on the success of three previous editions, and is designed to make the journey as frictionless as possible for visionary founders and promising entrepreneurs operating in the two distinct cohorts of AI and Bharat, the VC firm said in a release. Accel Atoms 4.0 is inviting applications from two categories of pre-seed startups - those building for Bharat', and AI (Artificial Intelligence), it said. Applications for the programme open on September 16. Accel defines Bharat' as the middle-income households spread across Tier 2, Tier 3, and rural India. Startups at the pre-seed stage, including idea-stage and pre-product companies, are eligible to apply for this rigorous three-month hybrid .

Startups

TREND | 11 Sep 2024

AI levels the playing field for startups, says nasscom's Sangeeta Gupta

Business Line

Startups are enthusiastic about AI solutions, and partnerships between smaller firms and established companies can be mutually beneficial, especially in enterprise sectors

Startups

TREND | 09 Sep 2024

T-Hub selects 23 startups for 1st cohort of AIC T-Hub Lab2Market programme

Business Standard

Startup incubator T-Hub on Monday announced the launch of AIC T-Hub Lab2Market program, which aims to transform groundbreaking research into market-ready innovations. Of 200 applicants, 23 startups have been chosen for the first cohort of the programme, according to a release. The programme offers a pathway for researchers and innovators to translate their ideas into commercial successes by focusing on two key objectives, that of developing Minimum Viable Products (MVPs) and converting them into scalable startups. "Startups participating in the Lab2Market program will receive comprehensive, tailored support. This includes interactive group learning sessions focused on product development, market strategies, and business model refinement," the release said, announcing the launch of the AIC T-Hub Lab2Market program. Each startup will benefit from personalised mentoring by industry experts, offering strategic guidance and addressing specific commercialisation challenges. "The program

Startups

TREND | 04 Sep 2024, 03:02PM

McDonald's India to offer burgers with bun co-created with CSIR-CFTRI

Business Standard

McDonald's India, which operates a QSR chain in West and South through its franchise Westlife Foodworld, would offer burgers with multi-millet bun, which has been co-created with premier food technology research institute CSIR-CFTRI. The company has partnered with CSIR-Central Food Technological Research Institute (CFTRI), functioning under Ministry of Science & Technology, for this multi-millet bun and it will source millets directly from farmers. This is the first-ever collaboration in the QSR (quick service restaurant) space, which combines CSIR-CFTRI's expertise with McDonald's thrust for developing nutritious food options. "The purpose is to improve the nutritional quality of our food, so that the customer in the long run benefits from it. It will definitely put us leaps ahead because we are leading from the front in the QSR space when it comes to this," McDonald's India Executive Director Akshay Jatia told PTI. The multi-millet bun has five millets - Bajra, Ragi, Jowar,...

Startups

TREND | 03 Sep 2024, 11:56PM

Govt launches Rs 750 cr fund AgriSure for support to agriculture startups

Business Standard

Union Agriculture Minister Shivraj Singh Chouhan on Tuesday launched a Rs 750-crore fund 'AgriSure' to provide financial support to agritech startups even as he underlined the need for increasing public as well as private investments in the farm sector. The Union Cabinet on Monday approved seven schemes for the agriculture sector with an outlay of nearly Rs 14,000 crore. The minister was speaking after launching an integrated Agri Investment Portal named KrishiNivesh and 'AgriSure' fund at an event held here. The Rs 750-crore 'AgriSure' (Agri Fund for Startups & Rural Enterprises) will support startups and 'agripreneurs' by providing both equity and debt capital. Chouhan asked startups to utilise this fund and assured that there would be no fund constraints for agritech startups, which he said are playing an important role in the agriculture sector. "There is a need for investment in agriculture, not only from the government side but also private investments," he said, adding that

Startups

TREND | 03 Sep 2024, 04:59PM

Suspend operations in flood-hit areas, Union urges aggregators

Business Line

Telangana Gig and Platform Workers' Union TGPWU have asked theurges service providers such as Zomato, Swiggy, Blinkit, Zepto, BigBasket, and others, to remove the time-bound delivery guarantee in flood affected areas

Startups

TREND | 29 Aug 2024

Bombay Shaving Company CEO Compares Bengaluru Startups To Kota Coaching Culture, Internet Reacts

NDTV Profit

Deshpande's post has received mixed reactions online. Some users agreed with his assessment while others criticised the comparison.

Nandan Nilekani: Startups Using India's Digital Infrastructure Valued at $100 Billion

NDTV Profit | 29 Aug 2024

Startups

TREND | 27 Aug 2024

Tata-owned e-grocer BigBasket makes 10-minute delivery default option

Business Standard

This is much higher than Blinkit's 25,000 SKUs and Zepto's 10,000 SKUs. Zepto has stated that it intends to increase SKUs on its platform to 20,000 before the festive season begins

BigBasket embraces quick commerce, set to rival Blinkit, Zepto, Swiggy

Business Standard | 27 Aug 2024

Startups

TREND | 26 Aug 2024

Cheap AI bots rapidly expand across India, transforming tech landscape

Business Standard

Startups may turn India into a proving ground for what could be the next frontier of generative AI products