STARTUP ECOSYSTEM INDIA
“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.
PM Modi, Macron discuss expansion of India's UPI in France, sign 19 pacts
Prime Minister Narendra Modi and French President Emmanuel Macron met and signed 19 agreements. Discussions covered AI, innovation, trade, and infrastructure. Key outcomes include an India-France Innovation Roadmap and expansion of UPI services. Both nations aim to strengthen cooperation in technology, space, and economic security. This meeting marks a significant step in the India-France Special Global Strategic Partnership.
"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.
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.
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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.

AI Wants to Answer Your Phone Now: Equal AI’s $30 Million Bet on the Future of Call Screening in India
Indian startup Equal AI has raised $30 million to expand its AI-powered call screening platform that answers and filters calls on users' behalf. As spam, telemarketing, and service calls continue to overwhelm consumers, the company is betting that AI assistants will become a new layer between people and their communications. The funding reflects growing investor interest in AI agents capable of handling everyday interactions, while raising broader questions about how much of our personal communication we are willing to delegate to machines.

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.

IN-SPACe picks Astrobase, SatSure and TM2SPACE for first funding under Technology Adoption Fund
The three companies are the first beneficiaries under the scheme, which was launched earlier this year. They were chosen after a multi-stage evaluation process involving experts from ISRO, the Department for Promotion of Industry and Internal Trade (DPIIT), the Department of Science and Technology (DST), academia, industry and IN-SPACe, the agency said in a statement on Thursday.

Deeptech startup Ethereal Machines raises $28.5 million from Avataar Ventures, Peak XV, others
Deeptech startup Ethereal Machines secured $28.5 million in funding. This capital will fuel the construction of a large manufacturing facility near Bengaluru. The company will also develop India's first indigenous CNC controller. Expansion of its AI-driven software platform is also planned. New teams will be established in the US and Europe.

Teen hacker who exposed CBSE portal flaws joins IIT Kanpur's cybersecurity hub
Following his exposure of technical gaps in CBSE's on-screen marking portal, 19-year-old ethical hacker Nisarga Adhikary has been recruited by IIT Kanpur's national cybersecurity hub, C3i. He has joined as an OSINT and threat intelligence engineer, with potential for further roles in vulnerability assessment and penetration testing.

Karnataka concludes Elevate Nxt 2026, shortlists 256 deeptech startup finalists
Karnataka's IT/BT department has concluded its Elevate Nxt 2026 deeptech startup support program, selecting 256 firms from 983 national applicants. The initiative, which expanded its scope this year, offers up to Rs 1 crore in grant-in-aid, mentorship, and ecosystem support to foster science-led innovation and scale breakthrough solutions.

India attracted $843 billion in FDI between 2014-15 and 2025-26: Official
India has seen a significant rise in Foreign Direct Investment, attracting USD 843 billion between 2014-15 and 2025-26. Key government initiatives like Make in India and PLI schemes have boosted manufacturing and created numerous jobs. The nation's startup ecosystem is also thriving, with over 2.35 lakh recognized startups generating substantial employment.

Co-working platform, DK Vertex leases one million sq ft across seven centres
DK Vertex, a co-working platform, has leased one million square feet across seven centers in Delhi-NCR, Bengaluru, and Mumbai. The company is offering 10,000 tech-enabled seats for startups and businesses. This expansion targets the growing flexible workspace sector in India. DK Vertex provides an integrated business ecosystem with various value-added services.

Kiran Mazumdar-Shaw shares drone cleaning video, asks startups: 'Where's your innovation?'
Kiran Mazumdar-Shaw, Biocon founder, sparked debate by questioning startup innovation. She shared a video of a drone cleaning windows in Bengaluru. Social media users responded with varied opinions. Some raised concerns about job losses due to automation. Others suggested more advanced drone applications for urban management. The discussion highlights differing views on technology's role and startup direction in India.

PM Modi to undertake visit to France, Slovakia; to attend G7 Summit
Prime Minister Narendra Modi embarks on a week-long European tour starting June 13. He will visit France and Slovakia to strengthen bilateral relations and address global issues. The Prime Minister will attend the G7 Summit in Evian, France. This visit aims to deepen India's partnerships and highlight its role as a global innovation hub.

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.

Chip startup AGNIT sets up GaN testing lab at IISc with Rs 3 crore investment
Indian semiconductor startup AGNIT Semiconductors has established a new GaN testing laboratory at IISc Bengaluru. This facility, built with a Rs 3 crore investment, will accelerate the commercialization of indigenous technologies. AGNIT aims to enhance validation and reliability testing for GaN chips used in defence and telecom.

India Quotient partner Gagan Goyal to quit as churn at top VC funds in India continues
Gagan Goyal, a general partner at India Quotient, is leaving the early-stage venture capital firm, according to people aware of the matter. This departure follows the recent closure of India Quotient's largest fund and the elevation of two new partners. Goyal's exit adds to a trend of senior-level changes observed across Indian VC firms.

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.

How AI companies are using industry recognition to build credibility and growth
As AI adoption accelerates across industries, innovation alone is no longer enough. Visibility, credibility, and industry recognition are increasingly becoming important differentiators for AI companies of all sizes. The ET Most Innovative AI Product Awards 2026 aim to recognise products creating measurable impact while helping innovators gain visibility among industry leaders, investors, customers, and decision-makers.

RBI approves Sahamati as SRO for Account Aggregator ecosystem
The Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move formalizes governance and operational standards for financial data sharing. Sahamati, a not-for-profit entity, will now oversee this crucial network. The ecosystem facilitates consent-based sharing of financial data, benefiting credit underwriting and customer assessment.

Anand Mahindra borrows a classic American phrase, 'you ain’t seen nothing yet,' as he predicts a massive startup boom in India
Anand Mahindra believes India’s startup journey is only just beginning and could soon surprise the world. While acknowledging the significant contribution of Indian-origin entrepreneurs to the US unicorn ecosystem, he said the next major wave of innovation is likely to emerge from within India, supported by growing investment, improving digital infrastructure and a thriving entrepreneurial culture.

59% of US unicorns were founded by immigrants. Anand Mahindra says India will surprise the world next: 'You ain't seen nothing yet'
Immigrants are powering a significant portion of America's billion-dollar startups, with 59% founded by immigrants and 66% by immigrants or their children. This innovation engine, valued at trillions, has inspired business leader Anand Mahindra. He predicts India's own startup story is just beginning, poised to surprise the world with its burgeoning entrepreneurial spirit.
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