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Patna: Industries minister Nitish Mishra felicitated five startups for their innovative projects at the 'Startup Spark 2.0' event in Patna on Tuesday. The event witnessed the launch of innovative products by emerging Bihar-based startups.It was organised in collaboration with BHub BSFC and the Incubation Centre, IIT-Patna. The event showcased innovative products of startups based in Bihar that are ready for market entry. "The event was organised to provide a platform to startups to connect, deliberate and enhance their growth prospects," Mishra said.The minister said Startup Spark 2.0 will prove to be an important launchpad for the upcoming startups of Bihar, providing them an opportunity to meet investors, mentors and industry leaders and expand their ideas. "This initiative is in line with the Bihar Startup Policy 2022, which works towards establishing a strong and prosperous entrepreneurship ecosystem in the state by providing seed capital, co-working space and guidance to the startups," he said.Mishra appreciated the innovative work done by the startups in Bihar and urged all the parties concerned to work together to establish Bihar as the largest startup hub in the world. He also assured the industries department's support to the startups and guidance to the entrepreneurship ecosystem of Bihar to achieve the goal of 'Developed India'.
New Delhi, Jul 4 (PTI) Indian fintech sector raised USD 889 million in the first six months of 2025, a drop of 26 per cent from USD 1.2 billion of H2 2024 and a five per cent slide from USD 936 million seen a year ago, according to a report by market intelligence platform Tracxn. As per the report, India ranked third globally, trailing only the United States and the United Kingdom. "While the Indian fintech sector has seen a temporary dip in funding, the steady momentum in early-stage investments and growing acquisition activity indicate that investor interest remains strong, particularly in ...Read More >
Patna (Bihar) [India], July 15: The Bihar Idea Festival, an initiative aimed at discovering and supporting emerging startups across the state, driven by ideas, identity, and innovation, has taken a significant step forward with the launch of its new portal, opening a "significant opportunity for Bihar's startup sector." Also Read | Dabba Trading-Online Betting Racket: ED Conducts Searches in Mumbai in Money Laundering Case; INR 3.3 Crore Cash, Luxury Watches and Jewellery Seized. Launched a few weeks ago, it is a flagship initiative of the Department of Industries, Government of Bihar, and Y ...Read More >
Shivalik Small Finance Bank (SSFB) has raised nearly $11.4 million led by SMBC Asia Rising Fund-Japan. In another development, Refold AI, an enterprise AI startup, has raised $6.5 million in seed funding. Shivalik Small Finance Bank secures $11.4m Shivalik Small Finance Bank (SSFB) on Thursday announced that it has raised nearly $11.4 million (Rs 100 crore) led by SMBC Asia Rising Fund-Japan, the corporate venture capital arm of Sumitomo Mitsui Banking Corporation (SMBC). The funding also saw participation from the bank's existing investors, Accel, Quona Capital, Lightspeed, and Sorin Inves ...Read More >
Kolkata, July 5 (SocialNews.XYZ) The West Bengal unit of BJP, under the leadership of its new State party President Samik Bhattacharya is making all efforts to ensure a political rally in the state, with Prime Minister Narendra Modi addressing it, before Trinamool Congress's annual Martyrs' day rally in Kolkata on July 21. An insider from the state committee of BJP said that the week before July 21, the Prime Minister is scheduled to go for an election campaign in Bihar where the Assembly polls are scheduled later this year. "We are trying hard so that the Prime Minister can spare some time ...Read More >
Patna: The state govt on Monday launched the 'Bihar Idea Festival', a dedicated portal aimed at encouraging grassroots innovation and entrepreneurship across the state. State industries minister Nitish Mishra inaugurated the portal at an event held at Soochna Bhawan, describing it as a "milestone" initiative that will allow students, youth, entrepreneurs and startup teams, even from rural areas, to submit their ideas directly to the govt."The aim is to collect innovative ideas and solutions from ...Read More >
Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors Also Read | US: Joe Biden Commutes Roughly 1,500 Sentences and Pardons 39 People in Biggest Single-Day Act of Clemency. The funds will be directed toward expanding operations across India, with a ...Read More >
Thiruvananthapuram: In his budget for 2025-26, Finance Minister K N Balagopal emphasised on technology, research, jobs, and education, positioning the state as a knowledge powerhouse. Here are key allocations and initiatives that could fuel the state's knowledge economy vision. Technology & AI * Rs 10 crore for establishing a world-class GPU cluster in Thiruvananthapuram to develop AI and AVGC (Animation, Visual Effects, Gaming, and Comics) industries. Unlike a CPU (Central Processing Unit), optimised for sequential tasks, a GPU (Graphics Processing Unit) excels at parallel processing, maki ...Read More >
NewsVoir Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors The funds will be directed toward expanding operations across India, with a focus on strengthening Navanc's presence in urban and semi-urban areas. Additionally, the startup will bolster ...Read More >
Mumbai: The attack on Sambhaji Brigade leader Pravin Gaikwad has triggered a stir in Maharashtra politics with opposition parties alleging the assailants were the BJP activists. However, Maharashtra minister Chandrashekhar Bawankule claimed the BJP has nothing to do with the attack. Raising the issue in the Maharashtra Vidhan Sabha, Congress legislative party leader Vijay Wadettiwar said that Gaikwad was fatally attacked, dragged out of his car, and his face was blackened. He claimed it was an attempt on Gaikwad's life. Gaikwad was manhandled and ink was hurled on him allegedly by activists ...Read More >
New Delhi [India], June 7 (ANI): Indian quantum deeptech startup QuBeats has won the prestigious ADITI 2.0 Defence Challenge to develop an indigenous Quantum Positioning System (QPS) for the Indian Navy. The award, which comes with a grant of Rs 25 crore (USD 3 million), will enable QuBeats to build next-generation high-precision quantum sensors that promise accurate navigation in GPS-denied or spoofed environments - a critical capability for modern military operations. QuBeats said in a release that it is disrupting conventional paradigms with its innovative quantum magnetometer technology ...Read More >
New Delhi, Apr 8 (PTI) Indian technology startups' total fundraise declined by 18 per cent to USD 11.7 billion in 2025-26, market intelligence firm Tracxn said on Wednesday. The technology startups had raised USD 14.3 billion in the financial year 2025. "India's startups raised USD 11.7 billion in FY 2025-26, marking an 18 per cent decline from USD 14.3 billion in FY 2024-25, but a 20 per cent increase compared to USD 9.7 billion raised in FY 2023-24," Tracxn's India Tech Annual Funding Report 2026 said. According to the report, India ranked as the fourth-highest funded country globally in ...Read More >
A young woman named Oleti Pushpa (22) was killed by her live-in partner Sheikh Shamma (22) in the Ambedkar Konaseema region of Andhra Pradesh, reported India Today. She was living with Sheikh for the past 6 months after she separated from her spouse. The incident took place in Siddhartha Nagar, B Savaram village of Rajolu mandal on 16th July. Shamma reportedly accused Pushpa of having affairs with other men. He forced her to engage in prostitution and frequently instigated fights with her when intoxicated. As per police, Shamma was addicted to ganja. On the fateful night, he against pressuri ...Read More >
New Delhi [India], June 7 (ANI): Indian quantum deeptech startup QuBeats has won the prestigious ADITI 2.0 Defence Challenge to develop an indigenous Quantum Positioning System (QPS) for the Indian Navy. The award, which comes with a grant of Rs 25 crore (USD 3 million), will enable QuBeats to build next-generation high-precision quantum sensors that promise accurate navigation in GPS-denied or spoofed environments - a critical capability for modern military operations. QuBeats said in a release that it is disrupting conventional paradigms with its innovative quantum magnetometer technology ...Read More >
MHOW, India -- A disturbing incident unfolded early Saturday morning at a government hospital in Mhow, Madhya Pradesh, where a stray dog was discovered carrying the body of a newborn infant in its mouth. The grim revelation was made near the hospital's toilet,prompting an immediate investigation by authorities. A security guard at the civil hospital in Mhow, roughly 25 kilometers from indore, spotted the animal and managed to retrieve the body. hospital officials and local police are now working to piece together the events leading up to the tragedy, focusing on a possible case o ...Read More >
MUMBAI, India, April 9, 2026 /PRNewswire/ -- Atlas, a technology company headquartered in Singapore, today announced it has raised $6 million in seed funding. The round was co-led by Accel and Stellaris, two of India's leading early-stage venture capital firms. The capital will be used to expand Atlas's AI platform, grow its network of partner accounting firms in North America, and accelerate go-to-market efforts in a sector worth more than $150 billion annually. In the United States alone, more than 300,000 professionals have exited the field since 2019 even as tax codes expand and client re ...Read More >
Bengaluru, July 4 (SocialNews.XYZ) India continues to be the third largest fintech startup ecosystem in the world, behind the US and the UK, a report said on Friday, adding that the sector raised a total of $889 million in the January-June period (H1 2025). Early-stage funding stood at $361 million, a 10 per cent rise from H2 2024 and 9 per cent from H1 2024. The sector witnessed 16 acquisitions in H1 2025, a 45 per cent increase from H1 2024, according to the report by Tracxn, one of the world's largest platforms for tracking startups and private companies. "While the Indian FinTech sector ...Read More >
PNN New Delhi [India], September 15: Adaptiv.me, a French-Tech edtech startup with roots in both India and France, and Unicraft VC, a hands-on seed fund and startup studio based in Paris and Luxembourg, have announced the launch of a pioneering Indo-French AI incubator. Alongside this milestone, the two organizations have also signed a Letter of Intent (LOI) to establish a state-of-the-art AI Lab in Ajmer, Rajasthan, positioning India as a global execution hub for next-generation artificial intelligence. On August 28, 2025, Unicraft issued a formal Letter of Intent to collaborate with Mr. Ti ...Read More >
Bengaluru - August 13, 2025; Enterprise software runs on APIs but connecting those APIs remains frustratingly manual. Every new workflow, system upgrade, or edge case spawns new tickets. Every year enterprises pay $350B to big consultancies and systems integrators to ensure API's work smoothly. Refold AI aims to end this tax on business with a platform that removes API complexity into repeatable, productized software with AI. Refold AI, a new startup rethinking integrations from the agent up, is coming out of stealthwith $6.5M in funding and a platform that replaces outsourced service work wi ...Read More >
Gurugram : JSW MG Motor India today announced that India's best-selling EV, the MG Windsor, has achieved another remarkable milestone. In July, the company set a new record for Windsor sales, selling 4,308 units in a single month. The carmaker has sold nearly 36,000 units of the MG Windsor since its launch. The robust sales performance has helped the company expand its market share in the EV Segment. In Q2 CY'25, the company recorded a 4% increase in market share, rising to 32% from 28% in Q1 CY'25. During the same period, average sales of MG Windsor grew by 17%. In addition, the company's EV ...Read More >
New Delhi: Tech funding in India stood at $11.7 billion in FY 2025-26, an increase of 20 per cent compared to $9.7 billion raised in FY2023-24 amid strong early-stage momentum and a surge in IPO activity, according to a new report. As per Tracxn analysis, India ranked as the fourth-highest funded country globally during FY 2025-26, behind the United States, the United Kingdom and China, while staying ahead of Germany and France. It further stated that funding trends showed strong traction across key stages. Early-stage funding rose sharply to $4.8 billion, a 33 per cent increase from $3.6 b ...Read More >
NewsVoir Mumbai (Maharashtra) [India], December 12: PayU, India's leading digital financial services providers, and Amazon Web Services (AWS), the world's most comprehensive and widely adopted cloud platform have launched InFINity 2.0, an accelerator program geared to help early-stage Indian fintech startups scale and succeed. The program targets startups that have raised less than $10 million and are seeking seed to Series A funding. Applications open on December 12, 2024, and close on February 15, 2025, with the selected cohort set to be announced on February 21, 2025. Building on the succ ...Read More >
Patna: The two-day event Bihar Business Connect-2024, providing a platform to explore the scope of investment in the state, would begin on December 19. Officials said representatives of around 80 top companies and 1,200 investors are expected to participate in the event. About 5,000 investors are also expected to join either virtually or physically, they said. Giving details of the event, industry minister Nitish Mishra said on Tuesday that the two-day event, beginning on December 19, would pre ...Read More >
Patna, July 14 (UNI) In a major step towards igniting the spirit of innovation and entrepreneurship across the state, Bihar Industries Minister Nitish Mishra launched the official Bihar Idea Festival Portal here today. Speaking at the event Mishra said Bihar Idea festival was not just an event but a revolution to make 'Samriddh Bihar'. He said that it will encourage the youth to take up entrepreneurship to solve the grassroot challenges of Bihar. He said that the youth will be sensitised and innovative ideas will be collected from them. Awareness campaigns will also be conducted at the divis ...Read More >
Hyderabad : Helex, a US and India based therapeutics startup developing a new class of targeted medicines for genetic kidney diseases, today announced its oversubscribed $3.5 million Seed round, led by pi Ventures. Others participating in this round include Bluehill Capital, SOSV, and a global syndicate of investors. With this round, Helex has raised over $6 million in total funding to date. With its recent funding, the company will accelerate preclinical development of its lead program, advance its proprietary kidney-tropic LNP delivery system and Epic-Cure™ 3D genome-based drug design platf ...Read More >
Mumbai, Oct 31 (SocialNews.XYZ) Actress Deepika Padukone, who has been a strong advocate for mental health awareness, reacted to cricketer Jemimah Rodrigues' recent revelation about battling anxiety. The 'Om Shanti Om' actress, known for openly sharing her own struggles with depression in the past, praised Jemimah for her honesty and courage in speaking up, highlighting the importance of conversations around mental well-being in sports and beyond. Taking to her Instagram Stories, Deepika Padukone reshared a video of cricketer Jemimah Rodrigues, in which the athlete opened up about her struggl ...Read More >
Aman Gupta, co-founder of boAt, has raised Rs 100 crore in seed funding for his new venture, Off Beat. The round was led by Bessemer Venture Partners, underscoring investor willingness to back entrepreneurs with a proven track record of building scalable companies. Off Beat, a content and creator-led venture, is expected to focus on leveraging technology and AI to build its platform, although detailed business specifics remain undisclosed. Announcing the fundraise, Gupta emphasized the strategi ...Read More >
Kolkata - Parkobot the world's first "Airbnb for parking" powered by IoT smart Parking Space Barrier has raised INR 2.09 Crores in seed round led by Inflection Point Ventures, one of India's largest angel investing platforms. The round also saw participation from HNIs. The funds will be utilized to expand infrastructure, reach additional markets, strengthen backend and increase product portfolio. Since its founding, Parkobot has made its mark as the world's first startup to launch an "Airbnb for private parking" which makes it an innovative platform powered by an IoT-enabled parking space bar ...Read More >
VMPL Bengaluru (Karnataka) [India], August 14: The Federation of Indian Chambers of Commerce and Industry (FICCI) and AMPIN Energy Transition, in collaboration with Deloitte & Sumitomo Corporation, successfully concluded its pivotal seminar titled 'Renewable Energy Transition for Commercial and Industrial Consumers in the Southern Region' at Hotel Taj MG Road. The event brought together a diverse group of industry leaders, policymakers, and C&I consumers who discussed the roadmap to achieve 100% RE for Corporates & Industrial consumers in South India. Delivering the inaugural address, Shri G ...Read More >
Rocket.new, an Indian startup building an AI-powered app development platform, has raised $15 million in a seed round led by Salesforce Ventures to take on viral vibe-coding rivals like Lovable, Cursor, and Bolt by letting users build full, production-ready apps from natural-language prompts rather than just quick prototypes. Accel and Together Fund joined Salesforce Ventures in the all-equity seed round, which comes only three months after Rocket.new launched its platform in beta in June. Sinc ...Read More >
Mumbai (Maharashtra) [India], December 12: PayU, India's leading digital financial services providers, and Amazon Web Services (AWS), the world's most comprehensive and widely adopted cloud platform have launched InFINity 2.0, an accelerator program geared to help early-stage Indian fintech startups scale and succeed. The program targets startups that have raised less than $10 million and are seeking seed to Series A funding. Applications open on December 12, 2024, and close on February 15, 2025, with the selected cohort set to be announced on February 21, 2025. Also Read | Wordle Words to He ...Read More >