Pfizer Limited has signed a Memorandum of Understanding with the Department for Promotion of Industry and Internal Trade (DPIIT) to collaborate under the Startup India initiative. The agreement is linked to the launch of the 2025 edition of Pfizer’s INDovation MedTech programme, which began on 2 September. The initiative will select 14 startups for support, […]
The Ratan Tata Innovation Hub (RTIH) was inaugurated at Mayuri Tech Park in Mangalagiri, Andhra Pradesh, on 20 August 2025. The facility aims to support 20,000 startups and create more than 100,000 direct jobs within the next five years, with a broader target of 556,000 jobs linked to 113 signed industrial projects. The central hub […]
Infineon India has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT) to strengthen collaboration with startups in the fields of microelectronics, electromobility, and the Internet of Things. The agreement is aimed at encouraging engineering students, product startups, innovators, and entrepreneurs to participate in design challenges using […]
Speciale Invest, a venture capital firm, has closed its third fund at INR 6 billion, surpassing an initial target of INR 5 billion. The firm plans to make 18–20 investments over the next four years in areas that include space, advanced manufacturing, energy, health, and artificial intelligence. The firm said Fund III will focus on […]
The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Ather Energy to support electric vehicle (EV) manufacturing and promote deep-tech startup development in India. The partnership falls under the Startup Policy Forum’s “Build in Bharat” initiative, which includes over 50 innovation-focused startups. Under the agreement, DPIIT […]
Ethereal Machines, a Bengaluru-based precision manufacturing startup, has signed a Memorandum of Understanding with the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India. The partnership focuses on enabling startups with access to cutting-edge manufacturing infrastructure, fostering industry mentorship, and supporting defence-tech innovation as part of a coordinated national ecosystem initiative. This […]
IndiGo Ventures, the corporate venture capital arm of airline operator IndiGo, announced the first close of its maiden fund at INR 4.5 billion. Alongside this milestone, the fund has made its first investment in Hyderabad-based aerospace startup Jeh Aerospace. The value of the investment has not been disclosed. Jeh Aerospace, founded by Vishal Sanghavi and […]
Maruti Suzuki India Limited has selected nine startups for the ninth cohort of its Accelerator program, including six Indian and three German companies. The selected startups will develop proof-of-concept automotive solutions in collaboration with Maruti Suzuki’s internal teams. The Indian startups selected are Frinks AI, mistEO, Adagrad, Com Olho, ProSolvr, and Eligere. The German companies […]
Maruti Suzuki India Limited has entered into a Memorandum of Understanding with the Japan External Trade Organization (JETRO) to promote cross-border startup collaboration between India and Japan. The agreement aims to facilitate access to startup ecosystems in both countries and support joint business opportunities. Under the agreement, startups in India selected through Maruti Suzuki’s innovation […]
Nirmitsu Design Labs Pvt. Ltd., a startup focused on sustainable manufacturing, has opened an advanced additive manufacturing facility in Goa. The company aims to produce custom plastic and composite parts using 3D printing technologies with a focus on environmentally conscious practices. The new facility is being developed in collaboration with 3D Systems Corporation and is […]