The National Aerospace Laboratories (NAL) subscale High Altitude Pseudo-Satellite (HAPS) has successfully tested the Synthetic Aperture Radar (SAR) technology developed by Bangalore-based GalaxEye, a leading space technology startup.
Tamil Nadu has many business opportunities because of its strong industries, rich culture, and growing economy. Popular ideas include manufacturing, especially in textiles, automotive, and electronics.
SanchiConnect is creating a scale-up accelerator for deeptech hardware and software firms with core intellectual property in collaboration with YourNest Venture Capital.
The first India-focused fund, ThinKuvate India Fund I, has been launched by Singapore-based angel investing network ThinKuvate. The fund has a Rs 100 crore total corpus.
Singapore court has approved Pine Labs, a fintech company, to move its headquarters to India. The company's Singapore and India businesses have merged, per a recent ruling from the court.
Arigato Capital, a SEBI-registered venture capital fund with a target corpus of Rs 250 crore, has been created by micro venture capital fund IVY Growth Associates.