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startups

National Institution for Transforming India (NITI) or Niti Aayog, a policy think tank of the Government of India, will soon seek applications for Atal New India Challenge under which it will provide grants of upto Rs 1 crore will be given.Speaking elaborately, for Atal New India Challenge Niti Aayog...

Kochi-based Padath Infotainment on Monday launched SocialMob, which is an artificial intelligence (AI) powered music and content delivery platform, in India.With the launch, SocialMob has become India's first AI-powered music networking solution. Depending on your interest the AI in the app will customize itself, giving you...

FMCG major Marico has announced that it will acquire up to 22.5% stake in Mumbai-based Revolutionary Fitness Pvt. Ltd, which owns health and fitness app Revofit, and incubated at Ant Farm, the startup accelerator founded by former Times Internet chief executive Rishi Khiani.The move is expected to help...

Indian Institutes of Technology (IITs), which are considered premier institutes in the country, are the fourth largest producer of billion dollar startups in the world, according to a 2017 study's report.Now, in what could be considered as the catalyzing move to produce more problem-solving startups and...

Gray Matters Capital, an impact investor focused on enterprises working to improve access to affordable quality education and employability in India, has today announced the launch of ‘GMC Calibrator’ -- a 6 month Zero Equity Blended Accelerator Program.This is India’s first accelerator program focused on improving...
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Department of Industrial Policy and Promotion (DIPP), under the Union Ministry for Commerce and Industry, has come out with a new notification on definition of start-ups. Notably, this is the second time DIPP has made changes in the definition of Startup. Earlier in May 2017, DIPP...

Last year in November, with a view to build an ecosystem for startups, social networking giant Facebook expanded its scope of operations in India by announcing India Innovation Hub, an exclusive 6-month Accelerator programme, for which Facebook will shortlist 10 Virtual Reality (VR) based startups in...
incubators

Haryana’s first startup incubation centre was launched in Panchkula on Tuesday. Spread over 3000 square feet, the incubation centre is located at Government College, Sector 1, in Panchkula.Additionally, the Haryana government has also made a provision of Rs 10 crore to support students studying in colleges and universities for...

Microsoft on Thursday announced that it has selected 12 startups in its ScaleUp program (formerly known as Microsoft Accelerator). It is a part of Microsoft for Startups initiative which was initiated this year in February.'Microsoft for Startups' is a new program that delivers access...

Freecharge founder Kunal Shah, who founded the online recharge venture in 2010 and subsequently sold it to Snapdeal for $400 million in 2015, is on verge of raising capital of $30 million for his new startup. The funds if raised will perhaps be largest Series A round of funding...