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Government Launches Agri Udaan for Agri Startups

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The Government of India has launched a new initiative called AGRI-UDAAN in an attempt to promote innovation and entrepreneurship in the agricultural sector. The program will mentor startups and help them connect with potential investors.

This Food and Agribusiness Accelerator 2.0 program was launched by the National Academy of Agricultural Research Management and will be managed by the Indian Council of Agricultural Research (ICAR.) The Deputy Director General of Agricultural Education at ICAR Narendra Singh Rathore, said the idea behind  the program was to attract the youth from around India and train them.

The shortlisted agri startups will undergo intensive training for six months following which they will be connected with the investors for funding. The startups will also be able to access incubation space and research laboratories and libraries, under the program. These startups also stand a chance to get up to $ 40,000 in funding. IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship will also be partnering with the program along with the National Science and Technology Entrepreneurship Development Board (NSTEDB) and Department of Science and Technology (DST.)

The program will reach out to agriculture based startups in several cities like Chandigarh, Ahmedabad, Pune, Bangalore, Kolkata and Hyderabad with a series of road shows. The applications, which will be available at www.aidea.naarm.org.in, will be evaluated by a team of mentors from the industry and 40 startups will be selected. The shortlisted startups will get a chance to pitch in front of a panel of evaluators out of which 8-12 startups will be selected for the final cohort for the capacity building workshop.

The pre launch phase of the program was launched in 2015 by the National Academy of Agricultural Research Management (NARM) in Hyderabad. Eight startups out of the 200 who applied were selected and a total of Rs. 2.5 crores was invested in three startups. The startups incubated by this program are now able to process exotic grains, manufacture kinetic farm machines and develop smart irrigation systems.

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Venture Catalysts Raises Rs 150 Crore to Boost Multi-Stage VC Platform and AI Capabilities

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StartupStories

Venture Catalysts, a leading Mumbai-based venture capital platform, has secured Rs 150 crore (around $18 million) through a strategic mix of primary and secondary transactions. This fresh round of funding resulted in a company valuation of approximately $200 million and drew participation from high-profile investors such as Ashish Kacholia, the Shah Rukh Khan family office, Aishwarya Rai, as well as several established capital market veterans and renowned business houses. The move not only demonstrates strong investor confidence but also positions Venture Catalysts at the forefront of India’s rapidly evolving startup landscape.

The infusion of capital is earmarked to accelerate key initiatives, including expanding Venture Catalysts’ leadership team, launching new investment funds, and exploring advanced technology solutions with an emphasis on AI-enabled due diligence and reporting tools. Additionally, the firm aims to strengthen its footprint across major Indian startup hubs and grow its suite of Category II alternative investment funds, harnessing this growth to support a new wave of promising startups and founders within the ecosystem.

Since its inception in 2016, Venture Catalysts has evolved from an angel network to a multi-fund powerhouse, managing over $500 million in assets and deploying nearly $200 million across more than 400 startups, including industry leaders like BharatPe, Renee Cosmetics, and InsuranceDekho. This latest funding round reinforces Venture Catalysts’ pivotal role in nurturing and scaling some of India’s most innovative startups, catalyzing growth throughout the country’s thriving entrepreneurial sector.

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U.S. AI Startup Anthropic Expands Global Ban to Tackle Chinese Tech Influence

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Anthropic - StartupStories

U.S. AI leader Anthropic has expanded its restrictions on Chinese entities, taking a firm stance against access to its advanced AI models—including the renowned Claude chatbot—by any company or subsidiary more than 50% owned, directly or indirectly, by Chinese organizations. This updated AI policy is designed to block loopholes that previously allowed access to powerful AI tools via overseas affiliates, joint ventures, or cloud providers, reinforcing Anthropic’s commitment to responsible technology governance and the protection of sensitive data.

Driven by rising national security and regulatory concerns, Anthropic’s move highlights potential risks involving companies subject to Chinese jurisdiction, which could be compelled to cooperate with state intelligence and share critical information. The sweeping policy marks the first public, formal ban by a major U.S. AI company based on entity ownership and control, rather than only geographic boundaries, ultimately intensifying scrutiny on AI exports and global tech supply chains.

While the immediate business impact is expected to be modest, experts consider this a landmark decision that may set industry-wide precedents, prompting other U.S. tech giants to reevaluate their own AI export and usage policies. This development not only heightens the U.S.–China tech rivalry but also shapes the future landscape of AI governance, data security, and international compliance in a rapidly evolving digital world.

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Apple Achieves 13% Growth in India with $9 Billion Sales and New Flagship Stores in FY25

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Apple

Apple has set a new benchmark in India, recording $9 billion in annual sales for FY25—a 13% surge over the prior year, fueled chiefly by robust demand for iPhones and MacBooks. The tech giant’s strategic expansion into Bengaluru and Pune with new flagship stores has deepened brand engagement and increased accessibility for customers across urban centers.

Apple’s rapid retail footprint expansion and locally tailored initiatives, including student discounts and trade-in offers, overcame price barriers and high import duties to drive sales volumes to unprecedented heights. Meanwhile, local production reached new highs, with 20% of iPhones now assembled in India and manufacturing output up 60%, valued at $22 billion part of Apple’s move to diversify its global supply chain.

India is now Apple’s fourth-largest market worldwide, reflecting its rising role as both a consumption and manufacturing powerhouse for premium tech. Continued investment in retail outlets, partnerships with Tata for device repairs, and consumer-friendly financing have positioned Apple for even stronger growth as Indian incomes and technology aspirations rise.

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