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Women Startup Summit – Ecosystem For Women Entrepreneurs In India To Be Promoted

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Women Startup Summit,Ecosystem For Women Entrepreneurs In India,Startup Stories,India largest Women Startup Summit,Women Startup Summit 2019,Women Startup Summit in Kochi,Kerala Startup Mission,Women Entrepreneurs,Women Entrepreneurs at kochi,Entrepreneurial Ecosystem India

The Women Startup Summit was held recently in Kochi and was hosted by Kerala Startup Mission (KSUM,) in association with the Indian Women Network, under the Confederation of Indian Industries.  The summit brought together various women entrepreneurs and women leaders from different parts of India, who shared their experiences and stories with a crowd of students and aspiring entrepreneurs.

The main topic of the day long summit was to tackle the problems which restrict the women of Kerala from entering the field of entrepreneurship.  The topic was discussed by the speakers of the summit, which included Kerala State Planning Board member Dr. Mridul Eapen and Kerala IT Secretary M. Sivasankar.  Mr. Sivasankar listed the three main reasons which stop the women of the State from venturing into the business sector.

 

The first of the three reasons he stated was “social barriers,” such as girl students not being able to put in more study hours at their school or college because of strict hostel rules imposed for their safety.  The second reason cited by Sivasankar was the increased need for experienced woman with professional experience of 5 to 10 years heading “brown startups.” The third reason mentioned was the lack of women coordinators at the KSUM Innovation and Entrepreneurship Development Centres. 

 

Dr. Mridula Eapen said the lack of awareness among the women of Kerala about their potential may be a factor in less women opting for a career in the field of entrepreneurship.  She stated in her inaugural speech, “The proposals and points emerging in a meet like this will have their resonance in the policy making decisions of the board. The summit is definitely a strong step towards women empowerment.” 

 

The meet also hosted the “She Loves Tech 2019 Global Startup Competition,” with Dr. Nusrat Sanghamitra of CyCa OncoSolutions winning the competition.

 

Despite having a high literacy rate only few women from Kerala are willing to venture into the field of startup.  Kerala Government organized the Women Startup Summit in an effort to eliminate this problem and encourage the women of Kerala to participate more in the startup industry.

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Meet the 13 Deeptech Startups Empowered by BIGShift Accelerator in India

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India’s deeptech ecosystem has reached a significant milestone with the launch of BIGShift, a premier accelerator programme by Inc42 and India Accelerator designed to empower early-stage startups developing breakthrough technologies. The first cohort comprises 13 innovative startups addressing complex challenges in fields such as artificial intelligence, aerospace, robotics, healthcare, and geospatial analytics. These startups benefitted from specialized capital-readiness training, strategic mentorship, and direct access to investors interested in supporting high-risk, high-reward deeptech ventures, making BIGShift a crucial platform for nurturing India’s next-generation technology leaders.

The accelerator programme uniquely combines virtual bootcamp sessions with a comprehensive two-day in-person masterclass, equipping startups with advanced go-to-market strategies, funding expertise, and a valuable network of experienced operator-mentors. Noteworthy startups from the cohort include ActionSync, focused on enterprise data unification; Polygon Geospatial, delivering AI-powered real-time spatial analytics; Purna AI, which innovates in preventive health through genetic biomarkers; Spacetaxi, pursuing reusable commercial rockets; and VertiFly, specializing in hybrid eVTOL aerial mobility solutions. This diverse group exemplifies the ingenuity and pioneering spirit of Indian deeptech entrepreneurship across multiple high-impact sectors.

BIGShift’s inaugural cohort not only accelerates technological development but also provides critical support mechanisms like pilot project matchmaking, regulatory guidance, and facilitating enterprise collaborations. As these 13 startups transition their groundbreaking solutions from the lab to the marketplace, BIGShift is poised to be a catalyst for deeptech innovation in India, helping transform scientific research into scalable, impactful businesses that will shape the country’s technological future.

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Tan90 Secures INR 20 Crore to Boost Enterprise Cooling Solutions

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Chennai-based deep-tech startup Tan90 Thermal Solutions has raised INR 20 crore (about $2.3 million) in Series A funding, led by NABVENTURES, with participation from Blue Ashva Capital, Capital-A, and 3i Partners. The fresh capital will help Tan90 expand its energy-efficient cooling solutions across India and into Southeast Asia, the Middle East, and Africa.

Founded in 2019 by IIT alumni Soumalya Mukherjee, Rajnikant Rai, and Shiv Sharma, Tan90 develops innovative phase change materials (PCMs) that enable precise, sustainable cooling for sectors like food logistics, healthcare, and pharmaceuticals. Their technology covers temperatures from –50°C to +80°C, offering up to 40% energy savings and a significant reduction in carbon emissions.

Tan90’s Cooling-as-a-Service platform currently operates in eight Indian cities, serving clients like Swiggy Instamart and Kisaan Konnect, with plans to expand further. Recognized by organizations such as the Bureau of Energy Efficiency and UNIDO, Tan90 aims to make scalable, sustainable cooling infrastructure accessible to enterprises worldwide.

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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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