Skip to content
Search

Latest Stories

Microsoft to support tech startups in India

MICROSOFT INDIA has collaborated with Invest India to support tech startups in the country.

Under the initiative, the Microsoft for Startups programme will work closely with accelerating growth of new India's innovations (AGNIi Mission), a statement said.


Executed by Invest India, AGNIi Mission helps startups become enterprise-ready.     

"With support from AGNIi Mission, Microsoft has onboarded 11 startups into the Microsoft for Startups programme from sectors such as agriculture, defence & security, IT/ITeS, e-mobility, waste management, and financial services," the statement added.     

The selected startups include Amplearth Packaging & Systems, Arishti CyberTech, Daybest Research, Go Buzzr (Dev BeeTech), Prkruti (Jal Technologies), Sandbird Research & Development, Vasudhaika Software (Kalgudi Digital), Vecmocon Technologies, Whrrl Fintech Solutions, YCLEPT 4E Labs and Yuktix Gidabits.     

According to the statement, these startups will gain benefits like Azure credits as well as support for technology and business acceleration, focused on scaling their growth.  

They can also utilise Microsoft technology, including Azure, GitHub, and M365, allowing them to quickly build and run their businesses, it added

Deepak Bagla, MD and CEO of Invest India, said fostering strong ties with the top enterprises in the world to nurture Indian innovation is one of the most important contributions of AGNIi in ensuring India's continued strength in the global economy.       

The selected startups will also get personalised technical sessions, content, and mentorship, besides being able to leverage Azure Marketplace, enterprise sales team, and the rapidly growing partner ecosystem to develop and execute their go-to-market strategies, the statement further said. 

Emily Rich, Microsoft director of startups – Asia Pacific, said: “The collaboration between Microsoft and Invest India affirms our commitment to the startup ecosystem in the country. Combining the reach of Invest India's AGNIi Mission with the tech and business resources of Microsoft for Startups, this is an exciting opportunity for startups to accelerate their aspirations for enterprise readiness,” 

More For You

JLR-Tata-Getty

JLR had initially planned to manufacture more than 70,000 electric vehicles at the facility. (Photo: Getty Images)

JLR halts plan to build EVs at Tata’s India plant: Report

JAGUAR LAND ROVER (JLR) has put on hold plans to manufacture electric vehicles at Tata Motors’ upcoming £775 million factory in southern India, according to a news report.

The decision was influenced by challenges in balancing price and quality for locally sourced EV components, three of the sources said. They added that slowing demand for electric vehicles was also a factor.

Keep ReadingShow less
Government to abolish payments regulator to boost growth

Keir Starmer (R) and Rachel Reeves host an investment roundtable discussion with members of the BlackRock executive board at 10 Downing Street on November 21, 2024 in London, England. (Photo by Frank Augstein - WPA Pool/Getty Images)

Government to abolish payments regulator to boost growth

PAYMENTS REGULATOR will be abolished and its remit absorbed by another financial regulator, the government said on Tuesday (11), as it aims to cut red tape in favour of growth.

The Payment Systems Regulator (PSR), which oversees systems including MasterCard and bank transfers, tackles problems such as fraud, excessive fees and lack of competition among banks and payment providers.

Keep ReadingShow less
Boohoo

Boohoo’s shares, which have fallen by about 20 per cent this year, dropped 4 per cent on Tuesday. (Photo: Getty Images)

Boohoo rebrands as Debenhams after 21 per cent sales drop

BOOHOO has rebranded itself as Debenhams Group after sales from its young fashion brands, including Boohoo, MAN, and PrettyLittleThing, declined by 21 per cent to £947 million.

The move comes amid strong competition from Shein and a shift towards second-hand clothing among younger shoppers, The Guardian reported.

Keep ReadingShow less