Tonbo Imaging, EyeROV, Optimized Electrotech, Big Bang Boom Solutions, IdeaForge, Cron Systems (Cron AI), Dimension NXG (AjnaLens), Sagar Defence Engineering, Vinveli, and Axio Biosolutions are the Top Top 10 Defence Tech Startups Making India Atmanirbhar.
Cropin Technology, a global Agtech leader enabling intelligent agriculture, and Amazon Web Services (AWS) India Private Limited have signed a Memorandum of Understanding (MoU) focused on enabling Cropin to build a solution to address the pressing issue of global hunger and food insecurity.
India’s first-ever and biggest conglomeration of innovation and collaboration, Startup Mahakumbh, concluded at the iconic Bharat Mandapam, and Pragati Maidan.
Small Industries Development Bank of India (SIDBI) has received $24.5 million from the Green Climate Fund (GCF). For its first anchoring sustainability and climate-focused fund, the Avaana Sustainability Fund (ASF).
The development occurred on March 6 at the 38th GCF Board meeting in Kigali, Rwanda.
ASF is a $120 million venture capital fund with the goal of funding Indian climate tech firms in their early stages. According to a statement from SIDBI, the fund would use the $120 million capital to invest in MSMEs and startups in industries such sustainable resource management, supply chains and mobility, and sustainable agricultural and food systems.
Gender prejudice is pervasive in India's startup scene, as seen by the over 6,000 startups with female founders that have not received funding yet. Tacxn data indicates that over 8,800 Indian firms led by women have raised a total of over $23.3 billion in funding.