Startup

Finance Minister Nirmala Sitharaman has drawn a parallel between the opposition, particularly the Congress party, and the character of Shalya from the Mahabharata epic. She criticized the Congress for questioning India's capabilities and demoralizing the nation, similar to Shalya's undermining of Karna's achievements

Premnath Parayath and Kiran James Founding directors of Qwatt Technologies, received the prestigious award 'Most Promising Technology Startup in India' from renowned actor and businessman Sunil Shetty at an award ceremony organized by the Times Group in Delhi. 
 

Drone startup Squadrone Infra and Mining, which played a role in the successful rescue mission of trapped miners at the Sikyara tunnel in Uttarakhand, Tuesday said its in-house research and development (R&D) unit has been officially recognised by the Department of Scientific and Industrial Research (DSIR), under the Ministry of Science and Technology.

A Bhopal-based startup has made waves in the automotive industry by unveiling a Bolero SUV equipped with self-driving technology. This innovation, showcased in a video shared by Anand Mahindra, Chairman of Mahindra & Mahindra, features the SUV autonomously navigating through busy streets without manual intervention.

Taking a subtle dig at political entrants, PM Modi praised the resilience of genuine startups, contrasting them with those in the political arena who often lack the spirit of experimentation and innovation.

Byju's, the edtech startup, faces scrutiny over the placement of a $533 million loan, with allegations of misappropriation leading to legal battles and financial disputes. The company clarifies that the funds are held by a non-US subsidiary, dismissing claims of wrongdoing

Defense Minister Rajnath Singh unveiled the Acing Development of Innovative Technologies with iDEX (ADITI) scheme during DefConnect 2024 in New Delhi, aimed at fostering innovations in critical defense technology. The scheme offers eligible startups grants of up to Rs 25 crore for research and development in defense technology

The Indian government, under PM Narendra Modi, has unveiled new policies to stimulate the country's private space sector, aiming to bolster its competitiveness on the global stage. These regulations seek to streamline processes, encourage foreign investment, and provide clarity for private companies interested in space-related ventures

India's artificial intelligence (AI) market is on the cusp of a monumental surge, projected to reach a staggering $17 billion by 2027, according to a comprehensive joint report by the National Association of Software and Service Companies (Nasscom) and Boston Consulting Group (BCG).

Byju's rejected the resolutions, which also sought to remove Byju Raveendran from the board of the company he founded in 2015, the company said in a statement on Friday.

Investors, who are seeking the ouster of Raveendran and family from the Byju's board at an extraordinary general meeting of shareholders for alleged "mismanagement and failures" at what was once India's hottest tech startup, have also sought a forensic audit of the company

Developers using the tool expressed concerns about ChatGPT's performance, noting its tendency to generate nonexistent words, incomplete sentences, and general gobbledygook, in a discussion forum on the OpenAI website.

BharatGPT, a pioneering private-public partnership backed by Reliance Industries and Indian engineering institutions, is set to launch Hanooman, a ChatGPT-style AI language model, in March.

As generative AI startups navigate the challenging terrain of operational costs and industry consolidation, the path to cost-effective business at scale remains elusive.

'Shark' Aman Gupta refuses to invest in Daak Room, a startup encouraging physical writing via advertising and merchandise, even praised by Prime Minister Narendra Modi.