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India Quotient Raises $129 Million Fund to Power Early-Stage Startups Early-stage venture capital firm India Quotient has closed its fifth fund (Fund V) at $129 million (Rs 1,132 crore), more than double the size of its previous $64 million Fund IV. Read More: https://lnkd.in/duHfpuGv Anand Lunia and Madhukar Sinha, IndiaQuotient #mainstreamsectors #leadershipadditions #startupfunding

Government Broadens 'Indigenous Tech' Definition to Boost Gasification The Ministry of Coal has expanded the definition of 'indigenous technology' under its financial support scheme for coal and lignite gasification, a move aimed at encouraging innovation and investment in cleaner coal projects. Read More: https://lnkd.in/dakvzcCy #commercialviability #RequestsforProposals #capitalinvestment #undergroundcoalgasification

7 Space Tech Startups Turning Satellite Data into Climate Power In the face of escalating climate challenges, India's space tech ecosystem is emerging as a powerhouse for innovation. Space technology startups are increasingly transforming high-resolution satellite data into powerful tools to combat climate change. Read More: https://lnkd.in/dGMZzPB9 By M R Yuvatha, Senior Correspondent, #Startupcity Pixxel - Founded, Awais Ahmed & Kshitij Khandelwal SatSure - Founded by Prateep Basu, Abhishek Raju & Rashmit Singh Sukhmani GalaxEye – Founded by Suyash Singh, Denil Chawda, Kishan Thakkar, Pranit Mehta & Rakshit Bhatt Blue Sky Analytics - Founded by Abhilasha Purwar & Kshitij Purwar SkyServe - Founded by Adithya K., Vinay S. & Vishesh Vatsal Vasundharaa Geo Technologies Pvt Ltd - Founded by Advait Kulkarni, Aditya Tekale & Rajendra Manohar KaleidEO - Founded by Akash Yalagach, Arpan Sahoo & Prateep Basu #Indiasspacetechecosystem #Spacetechnology #artificialintelligence #disastermanagement #riskmanagement #cloudtechnology #advancedtechnologies

The Week that Was: Indian Startup News Overview (12th October - 18th October) The Indian startup ecosystem continues its strong momentum, securing fresh rounds of funding across diverse sectors such as Agritech, EdTech, Real Estate Tech, AI-driven Research, and EV Battery Management. Read More: https://lnkd.in/dvnH3cn6 Satyajit Hange and Ajinkya Hange, Founders, Two Brothers Organic Farms® Arpit Mittal, Founders, SpeakX.ai Tarun Sainani and Deepak Bhatia, Founders, HouseEazy Abhilash Madabhushi, Founders, Consuma Siddhartha Srivastava, Bikesh Jha, and Vikash Singh, Founders, FloWatt #Indianstartupecosystem #EVBatteryManagement #RealEstateTech #AIdrivenResearch #innovationdrivenstartups #agritechstartup #IndianEdTechstartup

Olyv Plans $20 Million Fundraise to Expand Personal Lending Operations Lightrock-backed personal lending platform Olyv (formerly SmartCoin) is preparing to raise $15–20 million (around Rs 160 crore) in a fresh funding round, with Unitus Capital leading the process, according to sources familiar with the development. Read More: https://lnkd.in/dNRnZECu #UnitusCapitalleading #technologydrivenlending #financialinstitutions

IIT Madras and GATES to Host India ICT Summit 2025 in Chennai The Indian Institute of Technology Madras (IIT-M) is partnering with GATES, a global B2B engagement platform for the ICT industry, to host the India ICT Channel Summit 2025 in Chennai from November 5 to 7. Read More: https://lnkd.in/dumgJGnc Indian Institute of Technology, Madras #IndiaICTChannelSummit2025 #globaltechnologyecosystem #strategicdiscussions #digitaltransformation #technologyadvancement

How Government Apps Are Unlocking Subsidy Access for Rural India In the quiet dawn of a rural village, where trees sway like ancient guardians, a woman consults her phone, asking, ‘What subsidies are available for solar nets?’. Her device responds in her local language, unlocking opportunities she never imagined. Read More: https://lnkd.in/d-CTvVe9 By M R Yuvatha, Senior Correspondent, #siliconindia Gurmeet Singh, Director, Inditrade Capital Limited Jugalbandi Microsoft AI4Bhārat Ajeet kumar Singh, MD, Co-Founder & CEO, SAVE Solutions Private Limited Kartik Sharma, Co-Founder & CEO, Kshark Apps Pvt Ltd #ruralvillage #DirectBenefitTransfers #ruralcommunities #MSMEsector #financialservices #DigitalIndia #AgriInfrastructure #digitalrevolution

Fundamento Raises $1.9 Million to Scale Agentic AI in Fintech Agentic AI platform Fundamento has raised $1.9 million (around Rs 16 crore) in a pre-Series A round led by IIFL Fintech Fund, with participation from The Players Fund, Venture Catalysts, Lead Invest, and others. Read More: https://lnkd.in/dFz8-sm3 Ankit Durga, Megha Aggarwal, and Vickram Saigal, Fundamento Venture Catalysts #financialinstitutions #financialservices #fintechinvestment #insuranceorganizations

India Promotes Rupee in Global Trade to Boost Currency India is actively promoting the use of the rupee in international trade, allowing free-trade partners to settle transactions directly in the local currency. Read More: https://lnkd.in/dzgUan-S Reserve Bank of India (RBI) #transactioncosts #longtermeconomicgrowth #bilateralagreements

#HappyDiwali Readers and our happy clients.....siliconindia family wishes you a Diwali that's filled with love, laughter, and all your heart's desires!