ISPIRT
MeitY unveils DEPA handbook to enable trusted data sharing for AI training
The Ministry of Electronics and Information Technology has launched a handbook on Data Empowerment and Protection Architecture. This handbook is designed to enhance collaboration on data for AI training while ensuring data control. IT Secretary S Krishnan emphasized the importance of responsible and secure data usage in India's AI ambitions. The handbook enables accountability and transparency by tracing data provenance throughout the training process.
NFRA forms audit quality, assurance and technology advisory committee
India's National Financial Reporting Authority has set up a fresh advisory committee that will delve into critical areas such as audit quality, assurance practices and the integration of emerging technologies. This committee, comprised of experts from finance, auditing, and tech backgrounds, aims to provide guidance on industry standards and to pinpoint new risks that require closer inspection.
New Delhi to host global AI summit in December this year: Digital India Corporation CEO
The announcement of the summit comes on the heels of Indian nonprofit tech think tank iSPIRT being chosen by the UN Secretary-General to represent India at the newly launched UN AI Advisory Body.
iSPIRT cofounder to be member of newly launched UN Artificial Advisory Body
Indian nonprofit tech think tank iSPIRT has been chosen by the UN Secretary-General to represent India’s point of view at the newly launched UN Artificial Advisory Body.
'India can pip others in cryptocurrency by adding it to UPI, Aadhaar'
A national crypto stack, by adding cryptocurrency to IndiaStack, can potentially solve for oversight risks, while opening India up for billions in investments and yielding "soft power", Coinbase's former CTO Balaji S and ISpirt say.
India should tap global cryptocurrencies to fund SMEs, help grow business: iSPIRT
This can be done by allowing validated investors through Indian and global exchanges, which will help bridge the SME financing gap of as much as $500 million in the country, it said.
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Open Credit Enablement Network will democratise credit, help small businesses: Nilekani
The Infosys chairman said from a fintech perspective, many of the pieces are now falling into place, and the COVID crisis has increased the pace of digitisation.
API infra firm Setu raises $3.5m seed
Setu was founded by Sahil Kini, a principal with Aspada Investments, and Nikhil Kumar, a fellow at iSPIRT Foundation.
Data localisation: Sparking complaints of bias, US companies seek 12 months time from RBI
Closed-door meeting sparks complaints of bias along with a demand for an extension to today's deadline.
Srikrishna panel to get ideas on data protection from think tanks
Some of the points put forth by iSPIRT include use of technology for better implementation of the law, and whether the law should include terms such as ‘ownership’ in relation to data.
iSPIRT to host 'Build on India Stack' contest
The India Stack comprises APIbased infrastructure that allows technologies to be built around Aadhaar authentication and eKYC, eSign, DigiLocker, and a unified payments interface (UPI).
iSPIRT is split on core mission
The development comes in wake of recent events involving its founding member Sharad Sharma admitting to being involved in anonymous trolling of those voicing concerns over Aadhaar.
Facing flak, iSPIRT shuts down the alleged trolling platform Sudham
In his post Jonnalagadda had mentioned Sudham as an internal iSPIRT trolling program where the trolls coordinate on WhatsApp and attack together on Twitter.
iSpirt's Sharad Sharma admits to trolling Aadhaar critics, apologizes
"I won't be part of anything like this again not passively allow such behavior to happen, even in the worst of times," he tweeted.
'Silicon Valley seeks to benefit from India's startup growth'
Rekhi said each company has received expert coaching from over 40 TiE and iSPIRT mentors on how to present to strategic partners in the US.
Big 30 software startups see valuations climb 26%: iSPIRT
According to software products think-tank iSPIRT valuations of India’s top 30 software products startups jumped by at least 26% in 2015.
Indian Patent Office puts on hold guidelines for patenting software
After representations from think-tank iSPIRT, Software Freedom Law Center and other vested parties, the patent office put the guidelines on hold.
iSPIRT programme: A bootcamp for aspiring entrepreneurs
The first part of the iSPIRT programme focusses on making the participants understand who they are and where they stand.
Software product thinktank iSpirt becomes case study at Stanford Graduate School of Business
Not just iSpirt, but activity in the Indian startup ecosystem is proving to be a rich study material for MBA graduates, both in India and abroad.
Infosys weighing six startups for investment, aims to park $10-25 million per company
Infosys is also finalising an agreement to sign up for software products think-tank iSpirt's M&A program to connect with early stage cos.
How iSPIRT is helping Indian software product startups get exposure to international markets
iSPIRT’s focus is Indian software products companies. Its goal is to make India a product nation, says co-founder Sharad Sharma.
India's top 30 enterprise software firms worth $6.2 bn; iSpirt launches an index to track the value
India’s enterprise software product cos have lived in the shadows of a much bigger software sector dominated by the likes of TCS, Infosys and Wipro.
iSpirt’s BootUpINDIA celebrates the moment of glory for bootstrapped ventures
iSpirt has put together what it calls “BootUpINDIA”, an award function to recognise such bootstrapped entrepreneurs and mentor them for a year.
Government to encourage startups that meet specific technology needs: Ravi Shankar Prasad
Ravi Shankar Prasad said there are specific gaps that technology needed to fill in the country and his government will back startups .
Global CIOs meeting in Bangalore next month, eye deal with tech startups
In Israel the M&A exit value was 7x of the venture capital and private equity investment during the same period. In US, the multiple was 5x. In India it was only 1.1x.
India can be $100 bn software product industry by 2025: iSPIRT
The country has potential to build USD 100 billion software product industry by 2025, think-tank- Indian Software Products Industry Roundtable (iSPIRT) said.
Signal Hill is iSPIRT's investment banking partner for M&A
iSPIRT today announced Signal Hill as its first investment banking partner for the M&A (Mergers and Acquisitions) connect programme in India.
Nasscom, iSpirt compete to take Indian startups in Silicon Valley under their fold
Days after iSpirt organised meetings with mergers and acquisition heads at 12 large corporations, Nasscom is looking to do something similar over the coming months.
iSpirt: 30 Nasscom members may have good reasons for forming the think tank
The Nasscom executive council is the supreme decision-making body, not the past-chairmen club
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