BUSINESS
Short-term pain but long-term opportunities: How Indian space tech ecosystem is tackling global inflationary trends
There has been a rise in launch prices globally, driven by a tight launch market. For Indian space tech start-ups, which are facing difficulty in obtaining funds from foreign VCs, new financial mechanisms could prove to be the saviour.
BUSINESS
Fact-checking government content: Lawyers acknowledge clarity in IT Rules, media and digital rights groups slam govt for censorship
On April 6, government notified the IT Rules 2023, stating that government will appoint an organisation to fact check content related to the government.
BUSINESS
Bengaluru-based Pixxel eyes India's defence for application of its hyperspectral imagery satellites
Last week, United States' National Reconnaissance Office (NRO) awarded Pixxel a 5-year contract for providing them with hyperspectral imagery (HSI)- enabled remote sensing capabilities via modeling and simulation and data evaluation
BUSINESS
Deep tech investor Speciale Invest to focus on Series A and above rounds with new growth fund
The fund has received approval from the Securities and Exchange Board of India (SEBI), and expects to close the corpus at $24.33 million (Rs 200 crore) in the next 3-4 months
BUSINESS
Skyroot Aerospace successfully tests rocket engine for Vikram II
The Hyderabad-based start-up, which last year became the first Indian company to launch a rocket into space, successfully test fired Dhawan II, a 3D printed rocket engine
TRENDS
All you need to know about Cyberabad Police's crackdown on data theft of 67 crore individuals
A Haryana resident was arrested by the police for allegedly being involved in stealing, holding and selling of personal and confidential data of 66.9 crore individuals and organizations belonging to 24 states and eight metropolitan cities.
BUSINESS
'PhonePe data safe': UPI platform after man held by Cyberabad cops for data theft
Apart from PhonePe, sensitive information about students enrolled with Byju's and Vedantu, users of financial apps such as Paytm, and CRED; and users of Amazon, Netflix, YouTube, Instagram and Zomato were also found to have been allegedly sold by the person arrested by Cyberabad Police
BUSINESS
Cyberabad police arrests Haryana man for selling confidential data of nearly 67 crore people
Sensitive information on students enrolled with Byju's and Vedantu, users of financial apps such as Paytm, Phonepe and CRED; users of Amazon, Netflix, YouTube, Instagram, Zomato and others were found in the accused's database, which he put up for sale, police said.
BUSINESS
Stakeholders air reservation over government's plan to remove safe harbour provisions in Digital India Act
Stakeholders in a discussion organised by Broadband India Forum hoped that the Digital India Act will bring reforms to India's surveillance mechanism
BUSINESS
Employees don't think about security, they come and go: Government's strict diktat on ensuring website security
The third version of the Guidelines for India Government Websites (GIGW 3.0) was jointly drafted by the National Informatics Centre, Indian Computer Emergency Response Team (CERT-In), and Standardisation Testing and Quality Certification (STQC).
BUSINESS
Conversational AI platform Uniphore sets sights on Europe for expansion
The IIT Madras-incubated company, founded in 2008, sells software for conversational analytics, conversational assistants and conversational security.
BUSINESS
Inside IIT Madras: Ace startup mentor Ashok Jhunjhunwala to retire next year, says work still unfinished
IIT Madras Research Park president Ashok Jhunjhunwala is set to step down from the executive role of IIT Madras Research Park in 2024. However, he hopes to keep pushing youngsters to do more.
BUSINESS
Bengaluru's Pixxel wins contract to develop space tech for US surveillance body
Bengaluru-based space tech start-up Pixxel will equip United States' National Reconnaisance Office (NRO), a Department of Defence surveillance and intelligence body, with hyperspectral imagery-enabled remote sensing capabilities
BUSINESS
Inside IIT Madras: Ace startup mentor Ashok Jhunjhunwala says entrepreneurs must be ready to fail multiple times
The renowned academic advised them to be ready to fail multiple times, be realistic that they would not be able to draw any salaries at first, and develop skills in multiple domains in order to make it big as entrepreneurs.
BUSINESS
Inside IIT Madras: Meet the professor who is cofounder of 6 deep-tech startups
Satyanarayanan Chakravarthy is one of almost 100 faculty members of IIT Madras who is involved in entrepreneurship and startups.
BUSINESS
Inside IIT Madras: Institute may work on regional alternative to ChatGPT, says director V Kamakoti
In an interview with Moneycontrol, Kamakoti said a ChatGPT alternative is possible by leveraging data from the government’s Swayam platform
BUSINESS
Inside IIT Madras: Big industry prefers Chinese chips over Indian
The biggest issue IIT Madras-made Shakti faces is that it’s unproven, has less mindshare, and lacks scale, say industry watchers, and add that sometimes great engineers need great marketers
BUSINESS
Inside IIT Madras: What makes the institute's ecosystem a deep tech haven
Over the last two decades, the faculty at IIT Madras took a conscious decision to concentrate more on translational research -- to focus not just on research but also on commercialisation. This and the subsequent establishment of the IIT-M Research Park has resulted in the incubation of over 200 deep tech companies, whose valuation run over Rs 50,000 crore.
BUSINESS
IN-SPACe announces Rs 1 crore seed fund scheme for early space tech start-ups
Indian National Space Promotion and Authorization Centre (IN-SPACe) has come up with this scheme to address the issue of funds crunch that early stage space tech start-ups face as financial institutions or commercials banks do not come forward due to lack of clarity on future prospect
BUSINESS
Inside IIT Madras: Institute working on AI solution for text to speech translation of Indian languages
IIT Madras director V Kamakoti said that researchers working at the Nilekani Centre at AI4Bharat have developed a 9-language text to text translator, and that they are working on converting translated text into speech.
INDIA
Digital rights group opposes need for Aadhaar authentication to access grievance portal
On February 28, the Ministry of Electronics and Information Technology (MeitY) had launched the online portal for submitting user appeals on decisions of grievance redressal officers of platforms such as Meta, Google and others.
BUSINESS
Meta's proposed Twitter competitor: A look into the possible privacy risk
While lawyers are exercising caution in regards to their opinion on the subject, mostly stating that the cross-platform data transfer will likely be put down in a new privacy policy, digital rights activists have slammed the proposed move
BUSINESS
TN plans space industry park near upcoming Isro facility
Such parks would provide a one-stop location for space-tech-related infrastructure such as testing facilities and services, regulatory sandbox, technology standards and so on
BUSINESS
IIT Kanpur launches two-year MTech program on drones
IIT Kanpur director Abhay Karandikar said that the MTech in UAV will require students to complete 150 credits of coursework and thesis research work
