Startups Current Affairs, GK & News

herSTART Initiative

herSTART was recently launched by President of India, Draupadi Murmu. Key facts herSTART is an initiative implemented by the Gujarat University Startup and Entrepreneurship Council (GUSEC). It is supported by the state government of Gujarat, the Central Government and the United Nations International Children’s Emergency Fund (UNICEF). The Department for Promotion of Industry and Internal ..

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MeitY Startup Hub and Meta launch XR startup program

The XR Startup Program was jointly launched by MeitY Startup Hub and Meta to create the next generation startups focusing on Extended Reality Technologies. Key facts The XR Startup Program is an accelerator program aimed at supporting and accelerating extended reality (XR) startups in India. This newly launched initiative would focus on skilling and building ..

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Damodaran Committee to boost PE/VC investments

The Union Finance Ministry recently set up an expert committee headed by former SEBI chief M. Damodaran to assess and recommend ways to solve regulatory issues to boost investments by private equity (PE) and venture capital (VC) in Indian startups. Key facts Other members of the Damodaran Committee are former member of SEBI and executive ..

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MeitY Startup Hub

A nodal organization named “MeitY Startup Hub’ (MSH) has been set up under the ambit of the Ministry of Electronics and Information Technology (MeitY) with the aim of promoting start-ups, technology innovation, and the creation of Intellectual Properties. Overview: MSH serves as national facilitation, coordination, and monitoring centre that looks to integrate all the start-ups, ..

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India-UAE Venture Capital Fund

India and UAE have together created 150 million USD fund to support the startups. The fund will help to create ten unicorns within 2025. Unicorns are startups whose value is more than 1 billion USD. The fund was launched at the EXPO 2020 held in Dubai. About the fund The fund will act as a ..

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Swachhata Start-Up Challenge

Swachhata Start-Up challenge was launched to increase innovation in waste management. It was launched by the Agence Francaise de Developpment, AFD and the Department of Promotion of Industry and Internal Trade, DPIIT. The AFD is a French public financial institution. It implements the policies of the French Government. The top ten winner of the challenge ..

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