Start-up

Mega boost to Indian startup ecosystem; $7bn in H1 2024, domestic funding, demand set to drive growth

Indian startups received nearly $7 billion in funding in the first half of 2024, indicating potential for growth. This growth is driven by domestic funding and demand, similar to the success seen in Silicon Valley and China. The Indian FMCG sector's growth, driven by rural demand and government initiatives, serves as an example of the potential for domestic demand to drive growth in the startup sector. Jul 4, 2024
AI

Bengaluru Emerges as 7th Best Global AI Hub

Bengaluru, India, has made a significant mark on the global Artificial Intelligence (AI) landscape, securing the seventh position among the top AI Hubs worldwide. Jun 28, 2024
MSME

Indian MSMEs to create 2 lakh new jobs by 2025: Report

India's MSME sector is projected to generate over two lakh new jobs by 2025, according to a report by NLB Services. The sector contributes to over 33% of the GDP and drives 62% of the employment domestically. Jun 27, 2024
digital revolution

India's Data Revolution: Report predicts five-fold surge in capacity

India's digital revolution is driving a five-fold increase in data centre capacity expansion, with an expected addition of 464 MW of new colocation data centre capacity annually until 2028. The demand for data centres is transforming India's digital infrastructure, with growth seen across the country, not just in urban areas. Jun 27, 2024