New Delhi: Spacetech startups in India are ready to take off, spurred by government policy, local tech expertise and increasing investor interest. A slew of startups such as Pixxel, Bellatrix Aerospace, Agnikul, Vesta Space among others, led by young founders, have raised funds amid the pandemic, as they identify unique opportunities in space that can solve problems across industries.
Sumit Ghosh, the co-founder of Chingari app, an app that has proved to be a big success in India, joined NewsX for an exclusive chat where he talks about the success of the app and many other things. “It’s an ecstatic feeling, I am happy and proud of the whole thing. It was a very proud moment for the whole team when the app won the ‘Aatma Nirbhar Bharat Contest’ and the Prime Minister spoke about it.
CHENNAI: Agnikul Cosmos, a Chennai-based space tech startup that builds launch vehicles, was selected among top 10 startups that pitched to US investor Tim Draper as part of “Meet the Drapers,” a popular reality show in the US.
The Covid-19 outbreak has brought untold miseries to many businesses, but the healthtech landscape has grown through it, devising ingenious mechanisms and technologies to fight the public health crisis. According to DataLabs by Inc42+’s ‘India’s Healthtech Landscape In A Post-Covid-19 World Report 2020’, the size of the healthtech market in India is likely to touch $21 billion by 2025
Amidst the coronavirus-led lockdown, Prime Minister Narendra Modi asked Indians to become more aatmanirbhar. He urged Indians to be ‘vocal for local,’ following which many homegrown apps rose to prominence.
IIT Madras-incubated Agnikul Cosmos, which provides a dedicated launch vehicle for smaller satellites at a lower cost, has been conferred with TiE50 award. The award recognizes top technology and technology-enabled start-ups across the world, who will be awarded at its flagship conference TiECON 2020 at TiE’s Silicon Valley.
Bengaluru-based electric bike-sharing platform Yulu has started its services in and around BKC, and Bandra East and Kurla stations in Mumbai. Backed by Bajaj Auto, the two-year-old startup had entered into a memorandum of understanding with the Mumbai Metropolitan Region Development Authority (MMRDA) on January 31, 2020, for providing a total of 500 e-bikes at 25 different locations in these areas.
Bengaluru, Aug 31(UNI) DealShare, one of the fastest growing social e-commerce players, on Monday announced that they were expanding their product portfolio by adding consumer electronic goods to its range of offerings.