India's Startup Landscape Shines With Over 8,000 Women Leaders and More Startups News

India's startup landscape shines with over 8,000 ventures led by women, accumulating a remarkable $23 billion in funding, as per a recent report by Tracxn. Representing over 18 percent of the tech startup sphere, female-led enterprises have secured over 14 percent of total funding. Delhi-NCR emerges as a hotspot for such startups, closely followed by Bengaluru and Mumbai. While 2,000 of these startups have received funding, around 6,000 remain unfunded, with 590 reporting revenue surpassing $30,000. Notably, the share of funding garnered by women-led startups has been steadily rising, accounting for over 15 percent of India's total startup funding from 2020 to 2022. The momentum continues, with $100 million raised in the first two months of 2024.

IIT Bombay Startup Develops Cost-Effective Carbon Capture Solution for India's Net Zero Ambitions

A Mumbai startup has unveiled a groundbreaking aqueous-based carbon capture technology, poised to propel India towards its net-zero targets. Developed by UrjanovaC, nurtured by IIT Bombay, the innovation can efficiently capture CO2 from industrial flue gas and ambient air, using non-potable water. Co-founded by Vikram Vishal and Arnab Dutta, faculty members at IIT Bombay, the technology promises sustainable CO2 removal, with the captured CO2 convertible to high-value minerals. Supported by the National Centre of Excellence in Carbon Capture and Utilisation (NCoE-CCU) at IIT Bombay, the initiative aligns with India's ambitious goal of achieving net-zero emissions by 2070. The team is set to deploy their first three-tonnes-per-day CO2 capture pilot at IIT Bombay.

US-India Innovation Handshake Explores Indian Startup Regulations and Opportunities

The inaugural US-India Innovation Handshake featured a panel discussion titled 'Addressing Regulatory Complexities,' focusing on Indian startup regulations and opportunities. Co-hosted by the US-India Business Council, Confederation of Indian Industry, and DPIIT, the event explored regulatory landscapes' challenges and prospects. Following the dialogue, US-IBC highlighted valuable perspectives on regulatory dynamics. In December, the Union Cabinet approved a Memorandum of Understanding between India and the US to bolster innovation ecosystems and cooperation in Critical and Emerging Technologies (CET). The MoU, emphasizing CET, aims to strengthen collaboration on deep tech startups. The dialogue's relaunch emphasizes strategic areas, including the formation of a new Working Group on Talent, Innovation, and Inclusive Growth (TIIG).

MeitY Startup Hub's Investor Connect Programme to Ignite Jaipur's Startup Ecosystem

The Ministry of Electronics and Information Technology (MeitY) Startup Hub is set to host the Investor Connect Programme in Jaipur on March 9, facilitated by Inc42 and supported by JECRC. Aimed at empowering startups, the event will provide valuable mentorship and funding opportunities. Over 50 investors and experts will assess startups' pitches, offering feedback and potential funding avenues. Jaipur's selection underscores its growing prominence as a startup hub, recognized as a top performer in the recent Startup Awards & State Ranking Awards. With support from academia, government, and private sectors, the event seeks to unlock opportunities and foster entrepreneurial growth in Rajasthan's burgeoning startup ecosystem.

Leading Ladies of Indian Startups Gather at Startup Mahakumbh to Drive Innovation

Startup Mahakumbh, India's largest celebration of startups, will showcase women leaders from March 18-20, 2024, at Bharat Mandapam and Pragati Maidan. Esteemed figures such as Nivruti Rai, Falguni Nayar, and Debjani Ghosh will share insights on innovation, business scaling, and entrepreneurial journeys. These sessions highlight women's pivotal role in advancing India's startup ecosystem, demonstrating dynamism and resilience. The event aims to foster collaboration and growth across sectors like AI, D2C brands, Agritech, and more. With over 1000 startups, 1000 investors, and 5000 conference delegates, Startup Mahakumbh promises to be a beacon of innovation, spotlighting cutting-edge trends and technologies shaping the future of Indian industries.