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Uttar Pradesh To Launch Biggest Incubator In India

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Uttar Pradesh To Launch Biggest Incubator,Biggest Incubator In India,Chief Minister Yogi Adityanath,biggest incubator,Uttar Pradesh Latest News,Startup Policy 2017,Startup Stories,Latest Business News 2017,Inspirational Stories 2017

Lucknow, Uttar Pradesh, is gearing up to establish the biggest incubator in India to provide assistance and funding to new businesses and startups. The announcement comes just a month after Chief Minister Yogi Adityanath set up a Rs. 1000 crores startup fund to encourage startup schemes in the State.

The proposed incubator will be built near the Lucknow airport on a 40 acre space and can cost up to $ 615 million (Rs. 4,000 crores) to support companies registered in Uttar Pradesh The selected startups will be funded by the Small Industries Development Bank of India . 

Speaking about the incubator, the Additional Chief Secretary of IT and Electronics, Sanjeev Saran, said the State is looking to review their startup policy as well as the financial assistance policy to provide better assistance and funding to new businesses and startups. In an effort to promote entrepreneurship in the State in an extensive manner, CM Yogi announced the state would give about $39,000 (Rs. 25 lakhs) to educational institutions to encourage self employment through startup projects. The Uttar Pradesh Government is also looking to launch a dedicated mobile app for startups to further promote entrepreneurship in an extensive manner.

A number of states have begun promoting startups through various startup policies in line with Prime Minister Narendra Modi’s initiative Startup India, Standup India. The Government of Bihar also enforced a new Bihar Startup Policy 2017 in March and set up a startup fund as a trust to act as the nodal agency for the implementation of this policy.

Invest India, the parent organization of the Startup India initiative, also joined hands with the Government of Assam in July this year, to launch its first startup policy. The Karnataka government also selected 100 startups through their Elevate program for mentorship and funding. According to IT Minister of Karnataka, Priyank Kharge, nearly 60% or close to 4,200 out of 7,200 startups in the country have registered with their newly launched Startup Cell. The Telangana, Karnataka and Kerala governments have also launched similar programs in their respective states to help startups grow and develop.

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

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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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Ixigo Halts Bookings for Flights and Hotels to Turkey, China

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Indian online travel platform ixigo has suspended all flight and hotel bookings to Turkey, China, and Azerbaijan in response to these countries expressing support for Pakistan after India’s military strikes-dubbed ‘Operation Sindoor’-against terror bases in Pakistan and Pakistan-Occupied Kashmir. The move, announced by CEO Aloke Bajpai on X, was described as an act of solidarity with India during heightened diplomatic tensions following the Pahalgam terror attack.

ixigo’s decision aligns with similar actions by other Indian travel companies, including EaseMyTrip and Cox & Kings, which have also restricted travel services to Turkey, China, and Azerbaijan. The suspensions come amid widespread calls for boycotts after these countries condemned India’s military response and backed Pakistan.

The travel industry’s collective response underscores how geopolitical developments are influencing business decisions, with Indian companies emphasizing national interests and unity in the face of international criticism

 

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