Startup India

GSF is organising GSF Techtales and Cocktails: Disruption in Fintech on December 12

Startup Clubs will be hosting Demo Day 2018 on December 15-16

The Indian government hosted a venture capital summit in Goa

The Centre has already committed $223 Mn under the FFS, which is expected to make a corpus of $2.2 Bn available for startups

55% of the startups are located in Tier 1 cities while 27% and 18% are based out of tier 2 and 3 cities

1.30 Lakh jobs have been reportedly created by 11,727 startups at an average of 11 jobs per startup

Karnataka leads the startup race with an aim to house 20K startups by 2020

20 out of 29 states have announced startup-supportive measures in last two years

Rajasthan and Telangana setting up two of India’s largest incubation facilities.

WhatsApp will invest $250K (INR 1.8 Cr) as seed funding in the top five winners of the WhatsApp StartUp Challenge

Invest India will also work along with WhatsApp to increase awareness about its business tools

An additional $250K (INR 1.8 Cr) will be directed towards some selected startups to promote their WhatsApp business number on Facebook

• The programme aims to reduce the gap between scientific research and its industrial applications
• 133 applications were received from startups, of which 43 were selected
• The startups were shortlisted by institutes on the basis of operational areas and technological relevance

The Startup India Yatra in Madhya Pradesh drew over 5,000 participants with 427 startups pitching their ideas

136 startups were selected to make final pitches to investors in the grand finale

The Startup India van was to travel to 25 colleges and cover 10 districts and 15 institutions in 30 days

A total of 128 startups have received funding worth about INR 600.5 Cr

The DIPP is aiming at maximum disbursal of the allotted funds till 2025

Detailed information is available only for 116 startups so far

• The three startups working with Airbus are Stelae Technology, EFLIGHT and Airpix
• The aim of partnership is to strengthen GenNext aviation solutions
• The partnership comes at the time of the culmination of TAKE OFF 2018 programme

Looking For Incubators And Mentors? Want To Demystify IPR? Trying To Figure Out Govt Perks For Startup? Rajasthan Govt’s iStart Offers It All, At One Click

A Team From Invest India Recently Met State Government Officials, Looking To Give A Boost To J&K's Startup Ecosystem

Commerce And Industry Minister Suresh Prabhu Takes To FB Live To Talk About Startup India Programme

Protecting Their Intellectual Property (IP) Is Usually Not The Most Important Aspect In The List Of Startups