Tag: Startups
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...
Meta Secures $29B for AI Data Centre Push
Meta has selected investment firms PIMCO and Blue Owl Capital to spearhead a $29 billion funding deal aimed at expanding its AI-focused data centre footprint in the United States. The financing will support major infrastructure projects in rural Louisiana and forms part of the company’s larger AI co-development strategy. $26B debt from PIMCO, $3B equity from Blue Owl
According to a source familiar with the matter,...
IndiaAI Mission Gets 200 Proposals for Local Foundation Models
India’s ambition to build its own large language models (LLMs) is rapidly gaining momentum, with close to 200 proposals submitted under the IndiaAI Mission....
DPIIT, Mercedes-Benz India Sign MoU
The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Mercedes-Benz India to strengthen India’s manufacturing...
India’s GeM Transforms Government Procurement
The Government e-Marketplace (GeM) has emerged as a transformative force in India’s public procurement landscape, fostering transparency, inclusivity, and efficiency. Since its launch in...
SBI Pushes for Banks to Offer Equity to Startups
State Bank of India (SBI) Chairman C.S. Setty has called for the development of an ecosystem that enables banks to provide equity support to...
DPIIT and Paytm Partner to Boost India’s Startup Ecosystem
The Department for Promotion of Industry and Internal Trade (DPIIT) has joined hands with Paytm (One97 Communications Limited) to foster innovation and accelerate the...
India’s Startup Boom: 1 Million Startups by 2035?
The number of startups in India is expected to surge nearly tenfold over the next decade, reaching 1 million, driven by extensive government support,...
Union Budget 2025-26: Fueling India’s Startup, Tech, and Green Innovations
The Union Budget 2025-26 sets tone for India’s next phase of economic transformation by focusing on startups, advanced technologies, and green innovation. Presenting the...
Economic Survey: 48% Startups Have a Woman Director
The Economic Survey 2024-25, presented in Parliament, revealed that 48% of India’s 152,139 DPIIT-recognized startups have at least one woman director. A total of...
JK Cement, DPIIT Join Forces for Startups
The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce & Industry, has partnered with JK Cement. This move...
Amazon’s $230 Million Commitment to Generative AI Startups
Amazon has announced a significant commitment of up to $230 million to support startups developing generative AI-powered applications. This investment, with $80 million allocated...
