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STARTUP SUPPORT BENGALURU
Karnataka seeks bigger ExxonMobil footprint in Bengaluru, eyes skilling and startup tie-upsKarnataka's Home Minister met with ExxonMobil to discuss expanding their Bengaluru operations. Discussions focused on skilling, startup sup...- Ultraviolette sees Indian motorcycle market going 20% electric in 2-3 yearsUltraviolette Automotive anticipates electric motorcycles will capture twenty percent of India's market soon. The company is investing heav...
- MoS Shobha Karandlaje opens Bengaluru MSME technology centre to train 10,000 annuallyIn Bengaluru, a new Technology Centre has been launched with the goal of training 10,000 individuals each year. This facility is dedicated ...
- Amazon, Flipkart's multi-front war; India set for more GCCsHappy Wednesday! Amazon and Flipkart have broadened their bets as quick commerce platforms chip away at their share of user base. This and ...
- Carrum Mobility raises $10 million from Uber at Rs 1,505 crore valuationCarrum Mobility has raised $10 million (around Rs 96 crore) from Uber, taking its post-money valuation to Rs 1,600 crore. The B2B fleet tec...
- Karnataka identifies land for space manufacturing cluster near BengaluruThe proposed space park will support space technology manufacturing, assembly, integration, testing, research and innovation, and bring tog...
- 'Cannot be done only by ISRO': ISRO chief V Narayanan calls for greater industry role to scale India's space sector"Today we are having only 56 space assets serving from space. But the need is huge. At least 200 to 300 satellites have to be built and lau...
- From MSMEs to traditional industries, Rajasthan’s enterprises seek stronger ecosystem to scaleStakeholders say the state must strengthen the institutional ecosystem that supports industry.
- Udaan to buy Swiggy’s Lynk; India’s BRICS tech pushUdaan is set to acquire Swiggy-owned Lynk Logistics. This and more in today's ETtech Top 5.
- Voice AI startup Navana raises Rs 40 crore from Ronnie Screwvala, othersNavana successfully raised forty crore rupees in its recent funding round, aimed at broadening its presence in the banking and financial se...
- At 15, he won $500 building a drone; today, Bengaluru teen founder runs a $50 million aerospace startupNaman Pushp began experimenting with drones as a teenager during the 2020 lockdown, winning $500 at a hackathon and reinvesting the money i...
- Semicon startup Makr Microsystems raises Rs 10.2 crore from Bluehill VC, Artha Venture FundThe startup’s main technology — Acoustic Atomic Force Microscopy (AAFM) — uses acoustic signals and a scanning probe to gather information ...
- Uber layoffs impact India; RMG ban, a year onHappy Thursday! Uber is cutting jobs in India as part of a sweeping global restructuring. This and more in today’s ETtech Morning Dispatch.
- Silicon Valley-based Cradlewise bags $12 million led by 3one4 Capital, Prudent InvestmentFounded in 2017 by wife-husband duo Radhika and Bharath Patil, Cradlewise develops AI-powered smart cribs with an integrated baby monitor t...
- UrbanVault leases 100,000 sq ft in Chennai, expanding national portfolio to 3 million sq ftUrbanVault has leased 100,000 square feet of workspace in Chennai, marking its seventh city. This expansion increases its national portfoli...
- Astrobase in talks to raise $40-50 million led by Peak XV at $300 million valuation: sourcesThe talks come weeks after Astrobase unveiled Everest, an 80-tonne-class, 800 kN full-flow staged combustion (FFSC) rocket engine, in what ...
- UpGrad completes Unacademy acquisition; Ultrahuman’s $60 million raiseUpGrad has completed its acquisition of Unacademy, marking the close of a major consolidation in India’s edtech sector. This and more in to...
- Kepler Aerospace raises $8 million in seed round led by Blue Ashva CapitalBengaluru-based Kepler Aerospace has raised $8 million in a seed round led by Blue Ashva Capital and and co-led by Finvolve India Accelerat...
- Aerospace startup Alteon raises $2.5 million from Lachy Groom, Together FundAlteon is developing autonomous dynamic-soaring aircraft that harvest energy from wind gradients, similar to how albatrosses fly. Its next ...
- Infineon Tech picks up 6.3 lakh sq ft Bengaluru office in Rs 750-cr rental dealGerman firm Infineon Technologies has leased over 6.3 lakh sq ft office space in Bengaluru. This significant deal involves a rental payout ...
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