India’s technology news in the second quarter of 2023 gathers items including India’s moves into quantum computing technology, India’s fast-growing presence in space technology and satellite launch, developments and investments in India’s electric vehicles industry, India’s semiconductor industry moves, and many more.
The monthly links below – for April, May & June – give you Q2 2023 technology news from India, linking from the headlines listed to the articles behind them in full, and free of charge.
in June 2023 | in May 2023 | in April 2023
• Plus: Asia’s tech news today / weekly newsletters >
Bain & Co / India VC Association: India Venture Capital Report 2023
India Tech news
quarterly: June 2023
- India: Securities Exchange Board published consultation paper aiming to regulate fractional ownership of real estate
- India: Google leads $36M funding round for Pixxel satellite-imaging startup, with a constellation of 3 currently and plans to add 6 satellites next year
- A brief look at a handful of firms using artificial intelligence in the agri-tech and food-tech sectors
- India: “Micro VCs bet big on early-stage India deals amid funding winter”
- India: Azista BST Aerospace to launch first satellite via SpaceX, with revenue to be generated from sale of first satellite’s remote sensing data
“Global weekly cyberattacks rose by 7% year-over-year in the first quarter of 2023… India recorded an increase of 18% in weekly cyberattacks in the first three months this year.”
- India: A brief intro to GalaxEye, aiming for world-first multi-sensor earth observation satellite, planning its first satellite launch in 2024
- The Security Implications of Quantum Computing & India’s National Quantum Mission: “…quantum technology will emerge as a major frontier in cybersecurity”
- India: Ministry of Earth Sciences awards France’s Eviden $100M contract to deliver 2 supercomputers for weather modelling and climate research, aiming to triple computing capacity
- India: US chipmaker Micron to establish $2.75BN semiconductor testing and assembly facility in Gujarat, with ground to be broken later this year
“…3 investment decisions will create a minimum of 80K jobs directly…and indirectly the numbers could be much higher…it will be a catalyst to the overall electronics and semiconductor ecosystem…”
- India to join Artemis Accords civil space exploration initiative, with space agencies Indian Space Research Organisation and NASA to partner for 2024 International Space Station mission
- ‘The growing centrality of India in Australia’s Indo-Pacific policy’ via Observer Research Foundation
CSIS: Mapping semiconductor supply chains – Indo-Pacific’s importance
India tech news
quarterly: May 2023
- India: Army to develop Command Cyber Operations and Support Wings in recognition of growing issues in technology, online operations and communications
- India: Esmito battery-swap provider partners ElectricFuel EV charging service for ‘Energy as a Service’ platform and network to widen access to affordable, high-performance battery-swapping solutions
- India: BluSmart Mobility ride-hail and charging provider raises $42M with all-electric ride-hail fleet of 3500 vehicles and plans 10K EVs in 2024
India: “…cyber security firm McAfee said 47% of users in the country have either directly faced, or know individuals who have faced AI voice cloning-based cyber scams in the first three months of this calendar year.”
- Digital India Act first draft may be available by July, with consultations to begin this week with the final version to entirely replace the Information Technology Act of 2000
- India: Zoho Corporation launches Ulaa, a Chromium-based privacy-focused web browser
- India: Cisco telecom and networking equipment giant aiming for $1BN in domestic production and exports from new manufacturing unit to be established in Tamil Nadu
- India: High Court maintains crime agency seizure of $676M from Xiaomi, seeing evidence of years of remittance payments to foreign entities
- India: InCore Semiconductors gains $3M investment from Sequoia Capital India
World Economic Forum Global Cybersecurity Outlook 2023
- India: Kerala Startup Mission to launch one-stop ‘Startup Infinity’ centres in the US, Europe, UAE and Australia, to aid non-resident Indians and provide launchpad services for global growth
- India: Writesonic AI-driven writing assistant firm, launches Botsonic no-code AI chatbot builder running GPT-4, aiming to help businesses train ChatGPT on their own website data for better customer service
India: Episode 6 of the Blockchain Startup Show, touching on gaming, the metaverse and more
- India: EMO secures $1.2M with batteries for light EVs, running a cell-agnostic platform claiming full fire safety, 20-minute fast charging, and 120% improvement in battery life
- India: Log9 and Quantum Energy partner to deploy 10K EVs by March 2024, claiming battery charging in 12 minutes and initial roll-out of 200 units for hyperlocal deliveries
- A brief intro to the 7 startups partnered by Visa Accelerator Program, focusing on Asia Pacific payments
KPMG Venture Pulse Q2 2023 – Asia: An overview of key findings
India tech News
quarterly: April 2023
- India: HCL Technologies expecting to double semiconductor manufacturing and services in 3-4 years, with chip fabrication unit for consumer durables set for operation within 2 years
- India: Gov’t identifies 117 apps for possible ban over sending data of Indian citizens to foreign destinations
- India: An intro to Metastable, building Lithium-focused battery recycling operations, and already processing near 6% of the country’s recycling demand for Li-ion batteries
- “Twitter agreed to block more than 120 accounts, including Canadian politician Jagmeet Singh, Canadian poet Rupi Kaur…journalists and an Indian MP…also blocked the handle of the BBC’s Punjabi bureau.”
- India: Applications for National Startup Awards 2023 are now open, with submissions deadline set for May 31st
Philippines Blockchain Week 2023 – September 10-14
- India Venture Capital Report 2023: “Within Asia-Pacific, the share of India-focused VC investments reached 20% for the first time…”
- India: Elena Geo Systems unveils locally-designed NavIC chip using India’s navigation satellite system for positioning services
“If the sort of technology underpinning ChatGPT displaces software engineers, no single country would be impacted more than India, home to over 5 million coders.”
- India: …”25% businesses in India said that their metaverse plans will be fully embedded in their activities within a year, while 47% said that this will take place in 2–3 years.”
- India: Gov’t Enforcement Directorate investigates Odaclass online education firm over illegal for-ex transfers, finding ownership via ‘entities having ultimate controlling company in Cayman Islands’
Mapping semiconductor supply chains – Role of the Indo-Pacific
- “If the yield rate of high-end mobile phones produced in India and Vietnam is now about 50 or 60 per cent, it has to be increased by 200 per cent to approach the current yield rate of Chinese factories…”
- A brief intro to the 5 Singaporean startups selected for cohort 5 of the Global Innovation Alliance Program from Anthill Ventures
- Better Bite Ventures’ First Bite fund unveils 4 alternative-protein startups backed, from Singapore, New Zealand and India, and opens applications for the next cohort
- “Thailand, Vietnam, India and Cambodia have emerged as early winners this year as semiconductor production begins to move away from traditional centers such as Taiwan and China.”
- ICYMI: Quad countries – US, Australia, India and Japan – to build system enabling each government’s cyber body to share information on cyber-attacks targeting critical infrastructure
CSET: Mapping emerging technologies and their supply chains
ASIA’S TECH NEWS: DAILY & e-newsletters
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