2 12, 2020

Punjab to set up innovation mission, fund to promote start-ups

By |2020-12-02T09:52:14+00:00December 2nd, 2020|India, Startup Fund|0 Comments

The Punjab cabinet on Wednesday gave its nod for setting up Punjab Innovation Mission and Punjab Innovation Fund to give further impetus to the start-up ecosystem in the state. The Punjab Innovation Fund of Rs 150 crore is proposed to be set up to invest in early-stage start-ups in the state. The government''s participation in [...]

25 06, 2020

Lowe’s Innovation Labs launch CONSTRUCT, its new startup accelerator program in India, and announces members of inaugural cohort 

By |2020-06-25T10:21:25+00:00June 25th, 2020|Accelerator/incubator, Corporate, India|0 Comments

Lowe’s Innovation Labs, the innovation hub of FORTUNE® 50 retailer Lowe’s Companies Inc., today launched the first Indian cohort of its signature, stage-agnostic startup accelerator program, CONSTRUCT by Lowe’s Innovation Labs. Seven startups from across India, representing a diverse range of interests including merchandising, AI-driven trend forecasting, automated content generation, talent acquisition, hyper real AI [...]

29 11, 2017

Boeing launches ‘HorizonX’ startup accelerator programme 

By |2017-11-29T15:20:55+00:00November 29th, 2017|Accelerator/incubator, Corporate, India|0 Comments

Global aircraft manufacturer Boeingannounced the launch of the Boeing HorizonX India Innovation Challenge 1.0—a three-month accelerator programme for startups working in the area of aerospace innovation in India. "The Boeing HorizonX India Innovation Challenge 1.0 is our attempt to channelize India's incredible talent and entrepreneurial energy for the future of innovation in aerospace and related areas," said Pratyush [...]

20 06, 2017

Zone Startups India floats early-stage VC fund to back tech startups, backed by Ryerson University

By |2017-07-14T20:42:13+00:00June 20th, 2017|India, New Jersey, Venture Fund|0 Comments

Mumbai-based technology startup accelerator Zone Startups India has launched an early-stage venture capital fund to back software startups with a focus on mobile technology and enterprise tech. Christened as Zone Startups India Fund, the fund is backed by Toronto-based startup accelerator Ryerson Futures, the investment arm of Ryerson University and the Chokhani family office. Citing [...]

11 05, 2017

India Govt aims at job creation through venture capital funding of MSME

By |2017-05-11T07:32:33+00:00May 11th, 2017|India, State or Government|0 Comments

The state government has prepared a strategy to give fresh impetus to the small and medium scale industrial sector which is credited to play an important role in providing job opportunities and remove regional imbalances. The department of small-scale industries and export promotion is in the process of creating a dedicated venture capital fund to [...]

19 01, 2017

3 eminent alumni fund innovation centre at IIT-Madras

By |2017-01-19T07:48:28+00:00January 19th, 2017|Foundation-support, Gap support programs, India|0 Comments

IIT, Madras on Wednesday unveiled its centre for innovation and entrepreneurship which will pave the way for more teaching, research, product development and policy-making initiatives.Named the `Gopalakrishnan-Deshpande Centre' (GDC) after three of its wellknown alumni, it has an initial funding of $1 million from Infosys vice-chairman Kris Gopalakrishnan and venture capitalists Desh Deshpande and Jaishree [...]

12 01, 2017

Former INSEAD students set up $700K fund to invest in alumni start-ups

By |2017-01-12T06:50:58+00:00January 12th, 2017|India|0 Comments

Two INSEAD alumni have started a new investment firm called InseadAlum Ventures in Singapore with a capital of nearly $700,000 to invest in start-ups founded by ex-students of the international business school. InseadAlum Ventures will invest between $35,000 and $140,000 in each start-up and will help develop it to a point where it can raise [...]

31 08, 2016

Qualcomm invested $23 Million In 5 Firms From India Venture Fund

By |2016-08-31T07:54:00+00:00August 31st, 2016|Corporate, India, Venture Capital|0 Comments

Qualcomm on Monday said it has already invested $23 million (about Rs 150 crore) in five companies from the $150 million venture fund, which the electronics chip major had announced for India last September. Asked about an update on the company's India investments, Qualcomm's Executive Chairman Paul Jacobs, who met Telecom Minister and IT Minister [...]

29 08, 2016

Indian Govt inaugurates start-up incubation centre in New Delhi; to foster 50 new companies

By |2016-08-29T08:58:26+00:00August 29th, 2016|Accelerator/incubator, India, State or Government|0 Comments

India has attracted investment from 37 mobile manufacturing companies in last one year that have generated 40,000 direct jobs and 1.25 lakh indirect employment, IT Minister Ravi Shankar Prasad said. "We decided to make India a big hub of electronics manufacturing. In the last one year, 37 new mobile manufacturing units have come," Prasad said [...]