Connect with us

Latest News

Niti Aayog To Launch A Portal To Let Startups Use Public Data

Published

on

Niti Aayog Launch Portal,Startups Use Public Data,Niti Aayog CEO Amitabh Kant,Startup Stories,Startup News India,Inspiring Startup Story,Indian Government,Digital India initiative,Startup Ideas,Niti Aayog New Online Portal

The Indian Government think tank Niti Aayog, plans to allow access to public data for private organizations and startups by launching a new online portal.

According to the CEO of Niti Aayog Amitabh Kant, the Indian government will publish guidelines on Artificial Intelligence (AI.) Alongside, the whereabouts of public data by private institutions will be also published.

Emphasizing on the usage of artificial intelligence in enhancing businesses productivity, Mr.Kant spoke about Niti Aayog’s plans about the upcoming online portal.

Mr.Kant said,

I believe innovations always come before the regulations. Hence, few policies might not be very relevant. And in certain areas, it’s better for the government to let private players innovate and disrupt.

He spoke at a conclave on AI, organised by Bennett University. The university launched the leadingindia.ai initiative. The initiative created a network of more than 100 academic institutions and industries to fulfil the gap in quality workforce and trained manpower in AI technologies.

This interesting initiative is supported by NVIDIA, Amazon, edX, Newton Bhabha Fund, the Royal Academy of Engineering UK, Brunel University and University College, London. There were over 30 artificial intelligence startup founders who interacted with the academia, government, industry and even investors.

Mr.Kant also added,

LeadingIndia.ai has the potential to change the landscape of AI research in India as they bring together startups, industry and academia to work on providing application-inspired ideas.

Focusing on AI, Kant added the technology could help boost India’s yearly growth rate by 1.3 %. The Indian Government introduced the implementation of AI in increasing agricultural productivity and are working with different organizations such as Microsoft, IBM and ISRO in various sectors.

Alongside, Niti Aayog announced to build 5000 labs in all the districts of India by the end of the year. The think tank, had last year selected an additional 1,500 schools across India for setting up Atal Tinkering Labs (ATLs) programme as well.

However, the Indian Government allocated over $ 480 million under the Digital India initiative in the Union Budget 2018, in order to encourage innovative and startup ideas!

 

 

Continue Reading
Advertisement
1 Comment

1 Comment

  1. Jadnpcve

    May 27, 2025 at 1:26 am

    Explore the ranked best online casinos of 2025. Compare bonuses, game selections, and trustworthiness of top platforms for secure and rewarding gameplaycasino activities.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Dunzo Gets Breather as NCLT Rejects Insolvency Petition from Invoice Discounters

Published

on

Dunzo

The National Company Law Tribunal (NCLT) Bengaluru bench has dismissed an insolvency plea filed against quick commerce startup Dunzo by its invoice discounters, declaring the petition “not maintainable” after several postponements. This decision offers temporary relief to Dunzo, which has been facing multiple insolvency petitions from various creditors, including Velvin Packaging Solutions and Betterplace Safety Solutions, over unpaid dues.

The invoice discounters alleged that Dunzo had paid only 50% of the required amounts, though the exact sum was not disclosed. Despite ongoing settlement talks, no resolution was reached, and the tribunal noted Dunzo’s delays in responding to creditor petitions. Dunzo continues to grapple with severe liquidity issues, delayed payments, and significant losses—reporting a ₹1,801.8 crore loss in FY23 and owing approximately ₹11.4 crore to major vendors like Google India and Facebook India.

While this NCLT ruling provides Dunzo some breathing room, the company still faces ongoing financial and operational challenges as it works to resolve its outstanding liabilities.

Continue Reading

Latest News

How a Golden Retriever Became the Heart and Soul of a Hyderabad Startup’s Workplace

Published

on

Golden Retriever in workplace

Hyderabad-based startup Harvesting Robotics has won hearts online by appointing a golden retriever named Denver as its Chief Happiness Officer (CHO). Denver, introduced by co-founder Rahul Arepaka in a viral LinkedIn post, has quickly become the star of the office, spreading joy and boosting morale among employees. The company is now officially pet-friendly, a move Arepaka calls their “best decision.”

Denver’s new role has sparked widespread attention, with thousands liking and commenting on the announcement. Many see Denver’s presence as more than just a cute story—it highlights a growing trend of pet-friendly workplaces that prioritize employee well-being and happiness. As companies increasingly focus on holistic wellness, Denver’s appointment shows that sometimes, a wagging tail is the best way to brighten the workday.

Continue Reading

Inverstors Stories

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

Published

on

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.

Continue Reading
Advertisement

Recent Posts

Advertisement