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Karnataka Becomes The First State In India To Grant Funds To Startups

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For the very first time, Karnataka became the first state in India to grant funds for 8 startups in the Tourism sector which had won a hackathon. And also that they were given over 25% of Rs.1.90 crores that they had collectively won.

This all started when the tourism hackathon competition was held for the budding startups. And the winners were declared that they would be honored with some prize money.

Yesterday, it was about five minutes to 5 P.M., when Karnataka’s IT and Tourism Minister Priyank Kharge entered into the hall room of the Vidhana Soudha. The honorable CM was about to be in the hall in any second to hand over the cheques to the startups who won the competition.

Surprisingly, none of the eight winners turned up to receive their prizes. Then a group of officials swung into action to reach for the winners in whatever way they can be communicated. Some were stopped by the security and some however managed to enter the hall. After the CM Siddaramaiah strode in, the startup founders were glad to at last reach the main building where the CM and the officials were present.

IT Minister Priyank told the CM that a total of Rs. 1.9 crores was granted to these startups. These startup companies developed ideas and products that enhanced the tourism experience. He also added saying that it is the first kind of initiative in India where winners of the Pitch to Government–Tourism Challenge held in November 2016 are receiving their first installment cheques.

These 8 winners were selected among 127 online registrations and each will be receiving anything between Rs. 5 lakh and Rs. 50 lakh.

The hackathon contest was conducted by the Karnataka Startup Cell, Karnataka Biotechnology and Information Technology Services, ( KBITS,) Department of IT and BT and the Department of Tourism.

The sole objective of this competition is to encourage those innovators who may need early stage funding to stimulate commercialization of their inventions and to help in validating proof of concept.

“Our focus is to create a strong startup ecosystem with a bottom-up mentality.” said Gaurav Gupta Principal Secretary of IT, BT and Science and Technology.

These are the 8 startup companies who emerged as winners:

1) AOO Hostels – Rs. 40 lakh

2) Highway Delite – Rs. 35 lakh

3) DigiTour Technologies – Rs. 25 lakh

4) TripdAiry – Rs. 20 lakh

5) Aseuro Technologies – Rs. 25 lakh

6) Moving up Products – Rs. 5 lakh

7) Trip on Food – Rs. 5 lakh

8) Highir Technologies – Rs. 25 lakh

Well, good luck all.

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Info Edge Shareholders Approve ₹1,000 Crore Investment in New Venture Fund

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Info Edge

Info Edge (India) Ltd shareholders have overwhelmingly approved an investment of up to ₹1,000 crore in the company’s third venture capital fund, Info Edge Ventures Fund III. The proposal received near-unanimous backing, with 99.9995% of valid votes in favor out of 1,274 participants.

Smartweb Internet Services Ltd, a wholly owned Info Edge subsidiary, will act as sponsor and investment manager for the new fund. This move strengthens Info Edge’s commitment to backing early-stage startups and expanding its footprint in India’s venture capital landscape.

Info Edge has a strong track record as an early investor in leading Indian startups like Zomato and PB Fintech, with combined holdings in these firms valued at ₹31,500 crore ($3.7 billion) as of March 31, 2025.

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PayU Gets Final RBI Nod to Operate as Payment Aggregator Ahead of 2025 IPO

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PayU

PayU India, owned by Prosus, has received final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator, a year after getting in-principle approval in April 2024. This authorization allows PayU to onboard new merchants and offer digital payment solutions, joining other major players like Razorpay, CCAvenue, and BillDesk.

The RBI’s nod comes as PayU prepares for its planned IPO in the second half of 2025, following a delay from its original 2024 timeline due to market conditions. The company, which serves over 450,000 merchants, reported $319 million in revenue from its core payments and credit business in the first half of FY25.

PayU stated that the approval will help it build a resilient, compliant, and innovation-driven institution, supporting merchants of all sizes and advancing the Digital India vision. The company has also strengthened its risk management and expanded its presence in real-time payments through a strategic stake in Mindgate Solutions.

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Google’s Iconic ‘G’ Logo Gets First Update in 10 Years

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Google has refreshed its iconic ‘G’ logo for the first time in nearly 10 years, replacing the familiar solid blocks of red, yellow, green, and blue with a smooth, vibrant gradient that blends these colors seamlessly. This subtle update gives the logo a softer, more fluid, and modern appearance, aligning with Google’s evolving digital identity and current design trends.

The new gradient transitions smoothly from red to yellow, yellow to green, and green to blue, making the logo more visually appealing and adaptable across various devices, especially on mobile platforms. This redesign also reflects Google’s growing emphasis on artificial intelligence, echoing the gradient style used in the branding of Google Gemini, the company’s AI-generative assistant.

The updated ‘G’ logo has started rolling out on iOS through the Google Search app and on some Android devices, particularly Pixel phones running the Google app beta version 16.18. However, most other platforms, including the web and non-Pixel Android devices, still display the classic solid-color logo. A wider rollout is expected in the coming weeks.

So far, Google’s main wordmark and other product logos like Chrome, Maps, and Gmail remain unchanged. Given the shift toward gradient designs and AI-inspired visuals, similar updates to other Google icons may follow in the future.

In summary, this first major update to the ‘G’ logo since 2015 signals a subtle but meaningful shift in Google’s branding strategy, blending tradition with innovation as the company deepens its focus on AI and modern design aesthetics.

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