BRITISH STARTUP ECOSYSTEM
Nvidia's web of AI bets: smart strategy or bubble risk?
Nvidia's $3 billion investment in Meta's share sale, announced Tuesday, is the latest addition to a portfolio of stakes, loans and guarantees that has made the chip giant what some analysts describe as the central bank of the artificial intelligence boom. Nvidia also has around $36 billion in cloud backstops and a guarantee of up to $105 billion linked to an OpenAI data center, according to US media.
ET Startup Awards 2026 | Midas Touch: Sauce VC’s winning recipe earns Manu Chandra the prize
Sauce VC founder and managing partner Manu Chandra has won the Midas Touch award for Best Investor at the ET Startup Awards 2026. The jury recognised his early bets on consumer startups and strong exit track record, including Sauce’s estimated Rs 500-550 crore exit from portfolio company Innovist to L’Oréal.
Reliance Industries, Rolls-Royce to partner on indigenous AMCA combat engine
Reliance Industries and Rolls-Royce will partner for India's advanced combat aircraft engine. They plan to establish a dedicated aerospace gas turbine complex in India. This alliance combines Rolls-Royce's engine expertise with Reliance's manufacturing capabilities. The goal is to build an end-to-end Indian capability for aero-engine development. This initiative supports India's strategic autonomy and defense manufacturing goals.
West Bengal to unveil new industrial policy in August
West Bengal will introduce a new industrial policy in August to boost economic growth. This policy aims to streamline approvals and enhance the ease of doing business. The state is also developing a robust Global Capability Centre ecosystem. A dedicated Startup Policy is expected to be unveiled soon by the government. West Bengal seeks to become a leading industrial destination by 2027.
3one4 Capital launches $15 million fund to support overlooked sectors, women founders
Known as the IIDEA Fund, this will be managed by 3one4 Capital with support from BII to back founders in sectors like energy transition, agriculture, health, deeptech, and manufacturing.
Deep tech startup Vecmocon Tech raises $18 million in round led by Ecosystem Integrity Fund
Vecmocon Technologies, a deep-tech EV startup, raised over $18 million in Series A funding led by EIF, with Aavishkaar Capital, BII, and Blume Ventures. The funds will enhance R&D, expand teams, boost EV system capabilities, and support global ambitions with intelligent, safety-critical solutions designed for Indian and international electric vehicle markets.
ISBA partners with SanchiConnect to enhance digital tools for startup incubators
The Indian Business Incubators Association (ISBA) has partnered with SanchiConnect to provide advanced digital tools for its 170+ incubator members.
BII bullish on Indian EV ecosystem, expects to invest USD 300 mn in 3 yrs: MD Abhinav Sinha
Abhinav Sinha of British International Investment envisions India surpassing China in EV adoption by 2030, ahead of Europe and the US, driven by government support and cost considerations, emphasizing the country's potential for significant growth in electric transportation.
ETtech Deals Digest: Startup funding falls 34% on year to $118 million this week
In terms of volume, total deals during the week stood at 18, compared to 32 a year ago, and 16 in the second week of May 2024. Sequentially, deal value went up about 3.3X from $35.2 million to $117.6 million.
Software industry calls for more UK Government support
More than 120 industry leaders have called for government intervention to improve conditions for European software companies. Europe has long struggled to scale up homegrown tech companies as successfully as the US, with many startups forced to seek investment abroad as they scale up.
Silicon Valley Bank fallout spreads around the world as UK firms plead for help
Silicon Valley Bank ’s UK unit is set to be declared insolvent, has already ceased trading and is no longer taking new customers. Startup founders are panicking about accessing money and paying employees.
Here's why founders above 40 yrs have an extra edge in startup ecosystem
Subramanian says that age is not just a number when it comes to launching one’s startup.
Indian origin cybersecurity startups seek Singapore funding
The latest cohort of startups was chosen to participate in the three-month ICE71 Accelerate programme, supporting the development and acceleration of their growth, Edgar Hardless, CEO of Singtel Innov8, said.
Foreign investors need to develop state specific strategies in India: Niti
Kumar further said that impediments in bringing British universities in India should be addressed.
India offers huge opportunity for investing in startups: Derek White, Digital officer of Barclays
The world is awakening to the startup explosion in India, and the flow of venture capital and the government’s commitment to it are proof of that, says Derek White.
Lured by India's startup ecosystem, DMG Information looks to increase India portfolio size
DMGI, which is controlled by DMGT, typically routes its investments in the country through its Singapore-based subsidiary, DMG Asia Pacific.
Startups head to UK for tour of British startup ecosystem
The initiative, known as “'Great Tech Rocketships', hosted five Demo Days across Bengaluru, Chennai, Delhi, Hyderabad, and Pune.
How Indian startups are seeing a culture of giving and sharing
Corporates are offering free workspaces to startups, successful professionals are giving their time generously to mentor young entrepreneurs.
Wealthy nations tap fast-growing, emerging economies for entrepreneurship
Developed countries are hungry to tap into the potential of India’s booming consumer market, which their paltry populations couldn't race to match.
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