All India Council for Robotics & Automation (AICRA) announced the establishment of a Centre of Excellence (CoE) for Artificial Intelligence (AI) in Bengaluru at the India first tech startup conclave & awards 2022. With a corpus fund of Rs 100 crore, the CoE will focus on building an ecosystem for embracing entrepreneurship in the AI sector to help them start, sustain and do R&D. An MoU was signed for the establishment of the CoE with Boston India Pvt Ltd. Organized by the All India Council for Robotics & Automation (AICRA)…
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IFTSC 2022: That’s a Wrap for India’s most influential startup event.
IFTSC 2022 witnessed Startup presentations, keynote sessions, and new product launches. AICRA signed MoU with Boston India Pvt ltd and AISECT. India’s largest and most influential startup event, “India First Tech startup conclave & awards 2022” organized by the All India Council for Robotics & automation under the India startup mission winds up its second chapter in the Silicon Valley of India- “Bengaluru”. The event kicked off on the 8th of June with more than 100 exhibitor companies including emerging tech startups that featured several innovative products and services. The…
Read MoreSaaS startup Kissflow leans on new low-code platform
Kissflow, a software-as-a-service company, announced on Tuesday that it is aiming for the $50 billion integrated work platform market with the launch of its unified low-code/no-code platform, which it claims would help organisations accelerate digital transformation. According to the company, the platform would unify the whole spectrum of task management for users ranging from end-users to teams, team managers, process specialists, citizen developers, and IT developers. “This is a long game for us,” Suresh Sambandam, CEO, Kissflow said. “So we are really looking at anywhere between three to five years,…
Read MoreGaruda Aerospace eyes plantation of 75,000 seeds
Start-up for drones Garuda Aerospace announced on Saturday that it will plant 75,000 seedlings to commemorate the country’s 75th anniversary of independence. Garuda Aerospace launched a statewide drone seed planting program on June 5 to commemorate World Environment Day, according to a company statement. The company’s recently introduced ‘Vriksh Vaahan’ drone was used for the task. The drone is a simple approach to boost productivity while avoiding environmental impact, according to the report. “The ‘Vriksh Vaahan’ drones will spray seeds directly over fields on the desired spot with the help…
Read MoreInfo Edge-backed Edtech startup Udayy shuts down its operations
Gurgaon-based Udayy, an edtech startup focused on students from kindergarten to eighth grade, has decided to shut down its operations as it was unable to maintain sustainable growth in the hyper-competitive edtech market. Following this decision, the edtech startup has laid off its entire workforce. Saumya Yadav, one of the co-founders of Udayy, explains that the platform did not see a viable path toward business profitability with the lifting of COVID-19 norms. The increased number of children returning to school led to requests for refunds and difficulty in acquiring new customers…
Read MoreHighlights of India First Tech startup conclave & awards 2022 : Bengaluru chapter
The Indian startup ecosystem is entering a new era. The unicorn population has increased by leaps and bounds in the last year, driving our country to third position in the globe. The All India Council for robotics and automation is exploring the spread and depth of our startup ecosystem by organizing the Bengaluru chapter of the INDIA FIRST Tech startup conclave & awards this June. The conclave is a 2-day event that is being conducted on the 8th & 9th of June 2022. The event’s goal is to provide an…
Read MoreArya.ag acquires agriculture data science startup Prakshep
Arya.ag, a grain commerce platform located in Noida, has acquired agriculture data science firm Prakshep for an unknown sum. Arya strengthens its position as India’s largest integrated grain commerce platform and expands its technological capabilities to provide end-to-end solutions to its users with this acquisition. Arya.ag secured $60 million in Series C financing from Asia Impact SA and returning investors Lightrock India and Quona Capital in January of this year. The purchase, according to the business, would assist to boost Arya’s aim of providing cutting-edge AI/ML capabilities to farm digitalization,…
Read MoreSourav Ganguly joins hands with Noida-based edtech startup Classplus
After a cryptic tweet, BCCI President Sourav Ganguly on Thursday announced a partnership with Noida-based edtech startup Classplus to promote thousands of instructors and content creators. After 30 years in Indian cricket, Ganguly resorted to social media to promote this endeavour. “The first step towards achieving your dreams is having the right coach.” Ganguly says in the 30-second short. Classplus claims to have digitised over a lakh educators and content creators in over 3,000 cities, servicing 30 million students and aiding them in growing their online profile and selling their online…
Read MoreUpcoming startup event in Bengaluru-2022
Indiafirst tech startup conclave & awards coming to the silicon valley of India: Bengaluru, after the grand success of its Delhi chapter back in February. The conclave is one of the most prominent and innovative events in India, with a collective goal of strengthening the country’s tech startup ecosystem. The organizers” All India Council for Robotics and Automation” will host the Bengaluru chapter of its prestigious India First Tech startup conclave and awards on the 8th and 9th of June 2022. The event will feature several exhibitors, interactive sessions on tech…
Read MoreAgritech startup Nutrifresh raises $5 million in funding from investors
Nutrifresh, an agritech startup, announced on Tuesday that it has raised $5 million (Rs 38.8 crore) in funding for expansion and growth. Hydroponically grown, residue-free, and chemical-free vegetables are the company’s objective. Theodore Cleary, Archer Investments; Sandiip Bhammer, Managing Partner – Green Frontier Capital; Sky Kurtz, CEO & co-founder of Pure Harvest UAE; Mathew Cyriac, Florintree Advisors & ex-managing director of Blackstone India; Soumitra Dutta, Dean Elect – Sad Business School, University of Oxford; Shaishav Dharia, Regional chief executive officer, CEO Lodha Group; Karan Gos. “The funding will be used…
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