Convergence India
header banner
Startup
48% of startups In India have at least one woman director
By Kumar Harshit on December 20, 2024
50% of Indian startups are now based out of tier 2 and 3 cities, generating around 16 lakh jobs....
DPIIT partners with Tally to help startups in financial management and investment preparedness
By Kumar Harshit on December 18, 2024
Tally will be offering hands-on training, case studies, and expert-led sessions to help startups streamline operations, adopt scalable business practices,...
DPIIT inks MoU with HDFC Bank to empower startups with world-class banking and financial services
By Kumar Harshit on December 18, 2024
Startups will benefit from HDFC Bank's extensive network and resources, empowering them to scale their operations, attract investments, and strengthen...
DPIIT and Amazon Smbhav sign MoU pledging to invest $120 Million to facilitate manufacturing and AI startups
By Kumar Harshit on December 11, 2024
“Naye India ki Nayi Raftaar” captures the aspiring spirit and endeavors of the Indian economy coupled with the government’s vision...
DPIIT and Flipkart sign MoU to mentor Indian startups and boost the ecosystem with Flipkart’s USD 100 mn venture fund
By Kumar Harshit on December 10, 2024
The partnership will focus on furthering support to the startups, building on the existing efforts under the Flipkart Leap and...
Indian startups create over 16.6 lakh direct jobs by Oct 2024, with IT Services leading the way
By Kumar Harshit on December 9, 2024
According to data from DPIIT, India boasts a total of 1.4 lakh registered startups, with a new unicorn emerging approximately...
What is the Atal Innovation Mission 2.0 (AIM 2.0)? Read more to know about the 8 Programs launched under AIM 2.0
By Kumar Harshit on November 28, 2024
To talk about India’s startup scenario, it ranks 39 on the Global Innovation Index and is home to the world's...
MatX, an AI Chip Startup founded by Google Alums, Raises Series A at $300 M+ Valuation
By Kumar Harshit on November 25, 2024
The founders say that the sweet spot for their chips is AI workloads of “at least” 7 billion, and “ideally”...
Indian Gen-AI StartUps Witness Sixfold Surge in Funding in Q2, 2024 While the Global Ones Lag Behind
By Kumar Harshit on November 25, 2024
The industry witnessed 20 rounds of funding in total, raising the number of rounds witnessed by the industry after witnessing...
Zepto, Quick Commerce Startup Raises $ 350 Million in Third Fundraise In A Year
By Kumar Harshit on November 25, 2024
The Quick Commerce market stands at $2.8 Billion Gross Merchandise Value (GMV) making about 5% of India’s overall e-commerce market....