Startup India
November 2021 saw tech startup news from India covering fields and subjects including: the Startup India Seed Fund Scheme; fintech and apps focused on Indian teenagers; the Indian government’s uncertainties around cryptocurrency adoption and licensing; moves to develop an Indian semiconductor manufacturing and assembly industry; and many more.
If you’d rather get India’s startup news day-by-day instead, follow Startup News Asia on social media, or get the mobile app.
You can also get updates on India’s tech startups in our email newsletter and our Medium posts (10 Asia tech news items in each edition) – or you can get a quick snapshot on our Instagram channel.
India: Startup Outlook Report 2021 from Innoven Capital (pdf)
- India: Flipkart unveils partnership with Moj short video platform, pushing content and commerce options on videos and allowing Moj users to buy Flipkart-listed items directly from video
- India: Bihar State Election Commission trials Staqu AI startup’s video analytics with optical character recognition to analyse CCTV feeds at counting booths during local elections
- India: Cadbury launches website allowing shops to create custom advertisements featuring Shah Rukh Khan, using AI tech to recreate the actor’s face and voice
- India: Snapchat to partner Flipkart for AR-based e-commerce, embedding Snapchat’s Camera Kit and ‘lenses’
- India: Innovation Mission Punjab opens submissions for ‘Roar- Punjab’s Biggest Idea Hunt’ programme, closing November 15th
- India: A look at how the smartphone lock-screen could be the key to reaching even the most casual news consumers
- “Today, India has around a 550,000-strong base of founders, managers and employees with experience working in startups, and this is estimated to reach 3.25 million by 2025.”
pwc: The Future Of Work – The journey to 2022 (pdf)
- Startup India Seed Fund scheme allocates $400K to Atal Incubation Centre and Pondicherry Engineering College Foundation to boost services, incubation and prototyping
- India: iAspire All Women Technology Startup Accelerator Cohort applications close November 30th for 6-month support program
- India: Lysto NFT startup raises $3M in seed round with sights on enabling anyone in the e-commerce space, from individuals to brands, to raise funds and monetise their offerings
- India: An intro to 5 startups from across Madhya Pradesh, working in education-tech, SME digitization, retail-tech and more
- India: Bengaluru Tech Summit 2021 online/offline event set for November 17-19, featuring keynotes from Australian and Israeli Prime Ministers
- Indonesia: Religious leaders forbid country’s Muslims from using Bitcoin and cryptocurrencies, ruling they break Shariah compliance in elements of uncertainty, wagering and harm
- India: A look at the growth and success of ‘fintech for teens’, apps taking the place of traditional bank accounts
How India Shops Online in 2021 / Bain & Co (pdf)
- India: FreeTON DeFi Alliance blockchain ecosystem partners Kerala Blockchain Academy and Blockchain Centre India for Next Top TON Startup Hackathon – entries close Dec 6th
- India: Gov’t to ban the use of cryptocurrencies for making payments, and ban ‘active solicitation’ by crypto firms, but will allow and regulate trading of crypto as assets
- India: An intro to Digisafe Broking insurance-tech startup, focusing on insuring rural India with small-ticket products with low-margin premiums
- India: GoKwik raises $15M Series A with focus on return-to-origin and conversion rates for both e-commerce firms and traditionally-offline businesses
- India: Docturnal health-tech firm selected for Project Amplify programme, supported by Accenture and Microsoft, with audio-driven diagnosis of tuberculosis and pneumonia
- India: Chandigarh, capital of northern states of Punjab and Haryana, considers reviving dedicated startup policy to focus on the city’s requirements
India Trendbook 2021: E-commerce & consumer internet (pdf)
- India and China: “…cracks started appearing in the investment relationship between [them], and since then Indian startups have largely moved away from Chinese venture capital.”
- India’s AI conundrum: “Thriving automation and artificial intelligence industries pose difficult decisions for a country with an ever-growing workforce.”
- Google For India 2021: Google Pay adds features to support colloquial mix of Hindi and English, spoken by approximately 350M users, widening from English-language focus
- India: Google and Small Industries Development Bank of India partner to pilot social impact micro-lending with assistance to circa $130K for MSMEs
- India: Fasal raises $4M with artificial intelligence-powered IoT-SaaS platform for farming, delivering farmer advisories by mobile using real-time data
- India: Women Startup Summit 3 set for December 15-16, running online and delivered by Kerala Startup Mission
- India: Tata Group is considering $300M investment in construction of outsourced semiconductor assembly and test plant, in bid to attract firms to manufacture in India
- India: “6G development has already started. That will be seen somewhere in the time frame 2024 or 2023-end…”
India: H1 2021 Startup Funding Report, from YourStory (pdf)
Asia’s tech news: Other editions
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Startup News Asia on Medium
