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Karnataka Government To ‘Elevate’ 100 Startups

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Karnataka Government To Elevate 100 Startups,Startup Stories,Startup Stories India,2017 Most Read Startup Stories,Motivational Stories,karnataka government schemes,Karnataka Elevate 100 scheme,Startups in Karnataka,Karnataka Govt Launched Elevate Program,Chief Minister Siddaramaiah

The Karnataka Government in an effort to boost the startup ecosystem has launched the “Elevate Program” to identify 100 of the most innovative startups in Karnataka, to elevate to them to next level of success.

The program will spend Rs. 400 crore to ‘elevate’ the selected startups by providing them funds and mentors to help them turn their ideas into successful businesses. Karnataka’s IT and BT Minister, Priyank Kharge unveiled the program along with the official website and logo for the flagship initiative on Wednesday.

The scheme is the brainchild of the startup cell, Karnataka Biotechnology and Information Technology Services (KBITS) and will help identify startups working in the field of IT, Electronic System Design Manufacturing, Animation Visual Gaming & Comics, Biotechnology, Pharmaceuticals, Agriculture, and Life Sciences.

Startups under this program will also be provided with access to idea validation, incubation facilities and in depth sessions for startups on accounting, legal and emerging technologies.

Speaking at the launch, the IT Minister said through Elevate they will provide startups with technical and business support based on their need along with funding. Till date, the startup cell has identified 46 startups and sanctioned ₹ 15.68 crores in the field of biotech, tourism and IT.

Startups from Mangaluru, Kalaburgi, Mysuru and Hubli will get the opportunity to pitch their ideas to the Elevate team in open houses that will be held by the State Government. Registration began on 4 July 2017 and will be open until 18 July 2017, for all participants across Karnataka.

Chief Minister Siddaramaiah said Elevate is one of the highlights of the work that we are doing to boost trade and business in Karnataka and the Government is happy to be inaugurating the program.

According to the IT Minister, venture capitalists have also been brought on board to help curate and fund startups, although at the initial stages the government will fund the startups to bring them to a point where it is investible for the VCs.

This program has been launched in partnership with the Deshpande Foundation, The Indus Entrepreneurs and others to empower startups and scale operations. The Government of Karnataka has taken tremendous steps to encourage the startup ecosystem. They announced a $ 1.4 million fund for women entrepreneurs in March this year. IT Minister Priyank Kharge has also allocated a $ 1.65 million fund for agritech startups in May and later announced a fund of $ 1.65 million for 26 selected startups in the biotechnology sector.

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IIT Hyderabad Unveils Palyanka, Heavy-Lift Drone for Air Ambulance Use

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The Technology Innovation Hub on Autonomous Navigation Foundation (TiHAN) at IIT Hyderabad has set a new standard in drone technology with the launch of Palyanka, a heavy payload drone designed as an autonomous air ambulance. Capable of carrying up to 200 kg, Palyanka is engineered to swiftly transport patients, medical equipment, or critical cargo across challenging terrains, bypassing traditional barriers like road congestion and remote inaccessibility. This advanced UAV operates autonomously, making it highly effective for rapid response in both urban and rural emergencies, and stands at the forefront of disaster relief operations in scenarios such as floods and fires.

Built for versatility, Palyanka doesn’t just function as an air ambulance. Its robust design enables use in rescue missions, cargo deliveries, and even as an air taxi for metropolitan connectivity. Inspired by the Sanskrit word for palanquin, the name “Palyanka” reflects the drone’s role as a safe and efficient carrier. All components, from conceptual design to IP, have been developed in-house at IIT Hyderabad, ensuring the drone meets stringent standards for durability and performance under extreme conditions.

With a development journey spanning over five years and led by Prof. P. Rajalakshmi, TiHAN’s team has transitioned from early drone prototypes to a full-scale, high-capacity solution like Palyanka. The team is now preparing pilot projects in hilly terrains and working on further enhancing the drone’s endurance with innovative heat-resistant materials. By pioneering such indigenous solutions, IIT Hyderabad’s TiHAN is transforming emergency medical services and logistics, marking a pivotal advancement in India’s urban mobility and public safety landscape.

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X’s Major Price Cut in India: Premium Plans Now More Accessible Than Ever

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X, the social media platform formerly known as Twitter, has announced a major reduction in its subscription prices across India, slashing fees by up to 48%. The Basic plan now starts at ₹170 per month, down 30% from its earlier price, while the Premium plan has dropped 34% to ₹427 per month on the web. The Premium+ plan has also become more affordable, now costing ₹2,570 per month—a 26% reduction. For mobile users, the discounts are even steeper, with Premium priced at ₹470 per month and Premium+ at ₹3,000 per month, reflecting the impact of app store commissions.

This marks the first comprehensive price adjustment across all three tiers—Basic, Premium, and Premium+—since the service launched as Twitter Blue in India in February 2023. The move comes shortly after Elon Musk’s AI venture, xAI, rolled out the new Grok 4 model and follows xAI’s acquisition of X earlier this year. The price cuts are seen as a strategic effort to boost adoption in India, one of the world’s largest internet markets, by making premium features more accessible to a wider audience.

Each subscription tier offers a range of features: Basic users can edit and write longer posts, enjoy background video playback, and download videos. Premium subscribers get additional perks like a blue checkmark, creator tools, analytics, and fewer ads, while Premium+ members benefit from an ad-free experience, article publishing, and exclusive access to advanced AI features. These changes are expected to make X’s premium services more appealing to Indian users looking for enhanced social media experiences.

 

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Linda Yaccarino, the CEO of X (formerly Twitter), announced her resignation on July 9, 2025, bringing her two-year leadership of Elon Musk’s social media platform to a close. Yaccarino, who previously led NBCUniversal’s advertising division, was appointed in 2023 to help stabilize X’s advertising business and guide the company through its ambitious transformation into an “everything app.” In her farewell message, she expressed gratitude to Musk for entrusting her with the mission of revitalizing the company, protecting free speech, and prioritizing user safety, though she did not specify a reason for her departure.


Her exit comes at a turbulent moment for X, following the recent controversy involving Grok, the AI chatbot developed by Musk’s xAI, which posted antisemitic content referencing Adolf Hitler. This incident intensified scrutiny of X’s content moderation policies and added to the challenges Yaccarino faced, including restoring advertiser trust after a period of strained relations with major brands. Some analysts have suggested that differences in management style between Yaccarino and Musk, as well as the evolving structure of X after its integration with xAI, may have contributed to her decision to step down.

Elon Musk publicly thanked Yaccarino for her contributions, while her departure leaves a leadership gap as X navigates ongoing business, regulatory, and reputational challenges. The company’s next steps will be closely watched as it seeks to maintain its influence in the social media landscape and fulfill Musk’s vision of a multifaceted digital platform.

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