DEEP TECH STARTUPS INDIA
PM Modi, French President Macron hold delegation-level talks
Prime Minister Narendra Modi and French President Emmanuel Macron met in Nice, France. They jointly launched 'Bharat Innovates 2026', a three-day event. This showcased India's deep-tech startups and innovators. The leaders discussed Indo-French cooperation on global challenges. They highlighted initiatives in AI and clean energy. The event aims to transform India into a global innovation hub.
'Shared ambition of reliable, open, safe AI': Macron at Bharat Innovates seeks ethical use of AI
French President Emmanuel Macron urged against AI monopolisation and called for international cooperation, emphasising India and France's shared commitment to ethical and responsible AI development. The leaders jointly inaugurated 'Bharat Innovates 2026' in Nice, showcasing deep-tech startups and fostering collaboration in innovation and technology for global good.
Bridging Talent and capital: PM Modi, French President Macron launch 'Bharat Innovates 2026' in Nice
The high-profile event, held in Nice, serves as a cornerstone of the "India-France Year of Innovation" and aims to catalyse deep-tech collaboration by linking India's burgeoning startup ecosystem with global investment networks.
“Innovation is in India’s DNA,” says PM Modi at Bharat Innovates event in France
Speaking at Bharat Innovates 2026 in France, PM Narendra Modi declared India is now a major global innovation center, actively contributing to worldwide solutions. He stressed that innovation is deeply embedded in India's culture. Modi also reassured attendees that the government is committed to continuous reforms to boost economic growth and attract investment.
"Innovation is embedded in India's DNA": PM Modi champions 'AI for All' at Bharat Innovates 2026
Prime Minister Modi and French President Macron inaugurated Bharat Innovates 2026, highlighting India's evolution from technology adopter to provider. The conclave aims to foster global collaboration in deep-tech sectors, emphasizing innovation for human welfare and inclusive growth. This event signifies a deepening India-France synergy for future global innovation.
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PM Modi interacts with investors, venture capitalists in Nice ahead of Bharat Innovates 2026
Prime Minister Narendra Modi met with top investors and innovation leaders in Nice, France. This event precedes the Bharat Innovates 2026 conclave, highlighting India's growing tech and startup strengths. The Prime Minister will also hold bilateral talks with French President Emmanuel Macron. India's participation at the G7 Summit and VivaTech Summit will further showcase its global role.
Bharat Innovates 2026 in France to feature Indian innovators, higher education Institutions, investors
Prime Minister Narendra Modi and French President Emmanuel Macron will inaugurate Bharat Innovates 2026 in Nice. This event will connect Indian innovators with global investors and industry leaders. It aims to accelerate innovations from India's higher education sector. Bharat Innovates 2026 will showcase deep tech innovators and startups.
India's technological self-reliance to be on display at VivaTech 2026 in Paris: Jawed Ashraf
India is the AI Partner Country at VivaTech 2026 in Paris. The nation will display its advancements in sovereign AI capabilities and self-reliance. Prime Minister Narendra Modi will deliver the keynote address. This event highlights India's commitment to shaping the future of AI and its global role.
PM Modi, French President Emmanuel Macron to inaugurate Bharat Innovates 2026 in Nice today
Prime Minister Narendra Modi is set to make waves in Nice as he inaugurates Bharat Innovates 2026 alongside French President Emmanuel Macron. This extraordinary exhibit will present more than 120 trailblazing Indian startups, aimed at nurturing collaborative innovation and advancing technology sharing.
India now has 2.3 lakh startups, generated 25 lakh jobs: Union minister Jitendra Singh
India's startup sector has created 25 lakh jobs in the last decade, becoming a major economic force. From just a few hundred startups in 2014, India now boasts 2.3 lakh startups, ranking third globally. These ventures are expanding beyond major cities, fostering innovation and entrepreneurship across the nation.
Bharat innovates, ready for take-off
India's deep-tech startups are showcasing their advanced capabilities in France. This event highlights India's growing strength in space, AI, and defence. Indian companies are developing rockets and satellites for global markets. France serves as a key gateway to Europe. This initiative aims to foster international partnerships for co-development and investment.
India's agriculture and water tech startups gain momentum, sustainability in focus: Nasscom
India's agri and water tech deeptech ecosystem is gaining momentum around commercialization as per a statement by Nasscom. These sectors stand at a crucial stage with many startups continuously facing challenges for moving towards scaled deployment. To strengthen these industries, Agri and Water Tech in New Delhi on Friday.
VCs turn the screws; Ex-Paisabazaar CEO’s new bet
Happy Friday! Investors are rewriting the rules of engagement with founders after governance blowups. This and more in today’s ETtech Morning Dispatch.
Aum Ventures plans to invest Rs 750 crore in innovative startups in 5 years
VC firm Aum Ventures has launched its second fund, India Innovation Fund II, targeting Rs 750 crore. The fund aims to invest in 25-30 innovative, IP-driven startups over five years, focusing on pre-seed and seed-stage companies. This follows their previous deployment of $30 million across 24 early-stage ventures.
To win the deep-tech race, India needs ‘General Innovation Rules’
India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new 'General Innovation Rules' regime is proposed. This will adopt a portfolio approach for high-risk research. It will redefine public benefit to include private actors. Milestone-based disbursements and multi-year commitments will be key. This aims to boost India's deep-tech R&D race.
Finvolve & India Accelerator back Integra Robotics with $1.12 million pre-Series A funding
Finvolve and GrowthCap Ventures have invested $1.12 million in Integra Robotics, a deep-tech robotics firm. Integra's unique approach combines human oversight with machine autonomy, creating a compounding data advantage for increasingly autonomous robotic systems.
AI coding startup Cursor, courted by SpaceX, picks London as European hub
Elon Musk's SpaceX, which is readying for a closely watched IPO this week, said in April it had secured an option to either acquire code-generation startup Cursor for $60 billion later this year, or pay $10 billion for their new partnership, as it pushes deeper into the lucrative market for AI developer tools.
India is France’s official partner for VivaTech next week, positioning itself as global leader in AI, digital innovation
VivaTech 2026 in Paris is set to feature India as its Official Partner Country, reflecting the nation's rising influence in the realms of artificial intelligence and digital innovation. Attendees can look forward to insightful presentations on India's technological advancements and public digital infrastructure.
DeepSeek close to sealing $7 billion funding in historic AI deal
Chinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. DeepSeek’s fundraising would mark a new level of ambition from China’s AI leaders as they seek to compete with their American counterparts in the field.
India's climate-tech funding reaches $12.8 billion across 1,583 startups & 17 years
India's climate-tech sector has attracted significant investment, with startups raising $12.8 billion by June 2026. Driven by decarbonisation goals and energy independence, funding surged from $315 million in 2020 to $2.6 billion in 2025. Government initiatives and development finance institutions are fueling growth, with renewables leading but other segments gaining traction.
Comparing India with Taiwan, South Korea on semiconductors not very accurate: Union minister Vaishnaw
India is rapidly advancing in semiconductor manufacturing and AI adoption. Union Minister Ashwini Vaishnaw highlighted significant progress in the country's semiconductor mission, with commercial production already underway. The upcoming Semicon 2.0 program will prioritize chip design. India's electronics sector has seen substantial growth, creating numerous jobs and boosting exports. Global interest in India's tech ecosystem is on the rise.
World's most advanced chips, including Nvidia chips, being designed in India: Union minister Ashwini Vaishnaw
India is now designing advanced semiconductor chips for global leaders like Nvidia and Intel. Over 300 universities are teaching chip design. India aims to become a major semiconductor design and manufacturing hub. The nation is focusing on the entire ecosystem, including manufacturing machines and chemicals. This strategic push is attracting global attention and investment.
ET's Most Innovative AI Product Awards 2026: Celebrating the breakthroughs shaping the future of Artificial Intelligence
The ET Most Innovative AI Product Awards 2026 recognise category-defining AI innovations across foundational models, multimodal intelligence, deep-tech AI, and autonomous systems. This prestigious category honours products that are not merely advancing artificial intelligence but expanding the boundaries of what the technology can achieve.
DeepSeek slated to draw $7 billion in maiden fundraising, sources say
The fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and $59 billion.
Japan’s MUFG readies $250 million India fund as investor mix shifts in startup funding
Japan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies, especially in fintech. This move comes as other major investors have slowed their activity. MUFG's initiative aims to fill this gap, backing India's digital growth. The fund could expand to $400 million.
Andhra Pradesh, Sidbi to set up 'angel fund' for startups
Andhra Pradesh is launching an angel fund to support deep-tech startups. This initiative, in partnership with Sidbi and through the Ratan Tata Innovation Hub, will provide capital and resources. The fund targets emerging technologies like AI, electronics, and quantum technologies. This move aims to foster innovation and global scaling for startups in key sectors aligned with the state's economic vision.
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