BFSI
Deep Algorithm Raises ₹10.8 Cr for AI-Led Fraud Prevention
Cybersecurity startup Deep Algorithm has secured ₹10.8 crore in funding led by Unicorn India Ventures, with participation from several angel investors. The Bengaluru-based company plans to use the capital to enhance its engineering capabilities, strengthen threat intelligence, and accelerate its go-to-market strategy in India and Southeast Asia.
The funds will also support the expansion of integrations with platforms like Azure AD and Okta, alongside upgrades...
Up to 40 Startups to Join AWS Space Programme
Amazon Web Services (AWS) has launched the AWS Space Accelerator: APJ 2025, a 10-week program aimed at nurturing up to 40 startups from India, Japan, Australia, and New Zealand. Focused on startups building solutions in satellite infrastructure, drone systems, earth observation, and propulsion, the initiative will offer each participant up to $100,000 in AWS cloud credits, in addition to technical and business mentorship.
Applications are...
10 Indian Startups Join WEF Tech Pioneers 2025
Ten Indian startups have been named among the World Economic Forum’s (WEF) 2025 Technology Pioneers, underlining the country’s expanding influence in global innovation. The list includes Agnikul, CynLr, Dezy, Digantara, Equal, Exponent Energy, Freight Tiger, GalaxEye, SolarSquare, and ePlane Co, spanning sectors such as aerospace, deep tech, and energy.
What makes this cohort notable is the presence of three space and aviation-focused startups—Agnikul, GalaxEye, and...
C-DOT Awards Grants to 18 Telecom Startups
The Centre for Development of Telematics (C-DOT) has awarded grants to 18 startups under the first cohort of its Samarth Telecom and ICT Incubation Scheme, aimed at strengthening India’s innovation ecosystem in telecom, cybersecurity, quantum technologies, and next-gen connectivity. Each selected startup will receive up to ₹5 lakh in funding, office space, and lab access at C-DOT campuses in Delhi and Bengaluru.
The initiative, supported...
NITI Aayog Proposes ₹25 Cr Loan Support for Medium Firms
NITI Aayog has proposed a dedicated policy framework to strengthen India’s medium enterprises, including concessional working capital loans of up to ₹25 crore and pre-approved credit cards with limits up to ₹5 crore. The move aims to transform these businesses into globally competitive firms and address a long-standing policy gap that treats micro, small, and medium enterprises as a single category despite their differing...
DPIIT Clears 187 Startups for Tax Relief
India's startup ecosystem has received a timely boost with the Department for Promotion of Industry and Internal Trade (DPIIT) approving 187 startups for income tax exemption under the revamped Section 80-IAC of the Income Tax Act. This development was finalised during the 80th Inter-Ministerial Board (IMB) meeting held on 30th April 2025.
Section 80-IAC offers eligible startups a 100% income tax deduction on profits for...
AI in Orbit: PierSight Tracks Ocean Crimes
India’s private space-tech ecosystem continues to expand its footprint, with startups now targeting critical global challenges through cutting-edge satellite and AI integration. Among them, Bengaluru-based startup PierSight has emerged as a key player by deploying artificial intelligence-powered satellite systems to monitor maritime zones, illegal activities, and environmental risks such as oil spills.
Founded by former ISRO engineers and systems experts, PierSight is developing a dedicated...
QpiAI Unveils India’s First Full-Stack Quantum Computer
In a significant leap for India’s deep-tech landscape, Bengaluru-based quantum startup QpiAI, one of eight startups selected under the National Quantum Mission (NQM), has announced the launch of a 25-qubit superconducting quantum computer—positioning it among the most powerful quantum systems in the country to date.
Unveiled on World Quantum Day, the quantum system named QpiAI-Indus marks a major milestone as India's first full-stack quantum computing...
₹10,000 Cr Fund to Focus on AI and Tech Startups
The Indian government is gearing up to significantly scale its support for emerging technology sectors through a new ₹10,000 crore Fund of Funds Scheme (FFS), with a major chunk earmarked for artificial intelligence (AI), deep tech, and machine building startups. This move is aimed at accelerating India's position as a global innovation hub and supporting the domestic development of next-generation technologies. A Strategic Shift in...
Startup Founders Push Back on Union Minister Goyal’s Critique
India’s startup ecosystem has responded sharply to Union Minister of Commerce and Industry Piyush Goyal’s recent comments questioning the sector’s priorities. Speaking at the second edition of the Startup Mahakumbh in New Delhi, Goyal appeared critical of the focus on consumer-centric ventures. He asked the audience, “Do we have to make ice creams or chips? Dukandari hi karni hai?”
Goyal also drew comparisons with China,...
News
Infosys Launches AI and Cybersecurity Centre in Hubballi
Infosys has launched a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka, marking a strategic step in the company's decentralised expansion across tier-2 cities. The facility is part of Infosys Living Labs and aims to serve as both a client delivery unit and a hub for applied research and academic collaboration. Expanding innovation capacity beyond metros
The Hubballi centre reinforces Infosys’ strategy...