Author: News Desk
Kerala Startup Mission is conducting an immersion programme for Agri Tech and Food Tech Startups from Kerala to Israelin association with Margalit Agritech Studio and MIZONE. An interactive programme with Boot camp will be done by Margalit Agritech Studio. The startups selected will get an opportunity to interact with Agri and Food tech experts, startups and investors. This will also help to explore joint research, business and investment opportunities with the two ecosystems. Startups who are in Agri and Food Tech sectors may apply. Startups may register to the below link Application Link – https://forms.gle/rCpjdddng8VErUsa8 Last Date to Apply- 15.08.2022
MSME registrations on the government’s Udayam portal crossed 1 crore on August 2, 2022. The portal was launched on July 1, 2020, redefining the MSME sector. The registered businesses have employed 7.6 crore people, including 1.7 crore women. In the FY21-22 alone 18.34 lakh MSMEs registered on the portal, employing 1.16 crore people. Haryana got the highest number of MSME registrations in the financial year followed by Punjab and Himachal Pradesh. In Haryana, the 66,767 MSMEs registered at the portal generated 3.36 lakh jobs. Of them, 66,442 were micro-enterprises, 318 were small enterprises and seven were medium enterprises. In Punjab,…
Reports say that both Adani and Ambani are planning to install two compressed biogas (CBG) plants. Adani’s plants would come in Uttar Pradesh and Gujarat. Reliance Industries is yet to confirm the locations. The plants will have a capacity of 40 million tonnes per annum, and both the companies will invest up to Rs 600 crore to build the plants. What is compressed biogas (CBG)? It is produced by the anaerobic decomposition of agricultural waste, sugarcane press mud, and municipal waste. CBG can also replace piped natural gas for domestic use. The plants will benefit the fuel retail outlets and…
Instagram has brought about a new feature for users to create more engaging and fun content. The recent feature ‘dual camera’ lets users create stories, click pictures, and create reels or videos using both front and rear cameras simultaneously. The feature is available for both Android and iOS users. ‘Dual Camera’ is similar to a video call screen where the rear camera recording will appear on the big screen and the front camera recording will appear on the small screen. This feature will be quite helpful to vloggers and content creators. Wondering how to use the feature? Follow the below-given…
India’s toy industry witnesses growth Exports have soared to Rs 26 Billion. This happened during the Covid-19 period India’s local toys are eco-friendly. They have a global demand Startups have played a great role in the surge. Especially, small entrepreneurs profited a lot from this.
WhatsApp banned more than 2.2 million Indian accounts in June after users reported abusive content. According to market data firm Statista, there are more than 487 million WhatsApp users in India. WhatsApp has to publish a monthly report to follow India’s Information Technology Rules, 2021. It banned more than 1.9 million accounts in May. And over 1.6 million in April WhatsApp said its grievance officer received 632 complaints in June 2022. It has banned 64 accounts after the review of the complaints.
India’s startup ecosystem faces more layoffs. This time agritech startup DeHaat fired employees. That too after securing $115 million less than a year ago. That was the largest funding round for an Indian agritech startup. Reports say that 500 people were sacked. But, DeHaat says the number is not in the triple digits. It was a corrective measure around performance, says DeHaat. DeHaat has over 2,000 employees. It offers end-to-end agricultural services to farmers.
NITI Aayog starts the second round of startup incubation centres. NITI Aayog’s Atal Innovation Mission launched the second phase Atal Incubation Centres and Atal Community Innovation Centres will be set up as part of this. The programmes intend to support the innovation ecosystem in the country. This will be done via world-class institutions. So far, there are 68 Atal Incubation Centres across 18 states and 3 Union Territories. They have supported more than 2,700 startups.
Dubai is getting ready for a makeover. The Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum aims to generate 40,000 job opportunities and bring $400 cr to the economy through a metaverse strategy. For that, Dubai would invite crypto companies and use emerging technologies. In March, Dubai passed a law related to virtual assets regulations. Moreover, Dubai has also allowed licenses for crypto exchanges to work there. Sheikh Hamdan said that to support new talents, the country will set up a metaverse community coordinating developers, content creators and digital technology. It has been reported by the official news…
Reliance Jio became the top bidder in India’s 5G spectrum auction. It acquired spectrum in 700MHz, 800MHz, 1800MHz, 3300MHz, and 26GHz bands. The spectrum bands are obtained at the cost of Rs88,078 crore. It is for a period of 20 years. The acquisition will let Jio build the world’s most advanced 5G network. It will strengthen India’s global leadership in wireless broadband connectivity. The 5G network will further allow the next generation of digital solutions. It will accelerate India’s goal of becoming a $5 trillion economy.