Govt will support establishing semiconductor industry in India: Goyal

The government is committed to supporting establishing the semiconductor industry in the country which will also help in reducing foreign exchange outflows, Union Minister Piyush Goyal said on Thursday.The Commerce…

Continue ReadingGovt will support establishing semiconductor industry in India: Goyal

UK-based emobility startup REE Automotive receives €14.5M from UK govt: Here’s why

REE AutomotiveUK-based e-mobility startup REE Automotive Ltd announced that its REEcorner technology was awarded £12.5M (€14.5M) funding by the UK government as part of a £41.2M (€48.1M) investment.According to the…

Continue ReadingUK-based emobility startup REE Automotive receives €14.5M from UK govt: Here’s why

Startup news and updates: daily roundup (Aug 20, 2021)

Facebook launches virtual reality work app, takes a step towards 'metaverse'Facebook is trying to pull in workplace users with a new virtual reality app called Horizon Workrooms. Workrooms lets people meet remotely…

Continue ReadingStartup news and updates: daily roundup (Aug 20, 2021)

Alerzo raises $10.5M Series A to bring Nigeria’s informal retail sector online – TechCrunch

The process of digitizing the operations of mom and pop stores in Nigeria is serious business right now. In fact, it might be the second-best thing after fintech at the…

Continue ReadingAlerzo raises $10.5M Series A to bring Nigeria’s informal retail sector online – TechCrunch

[Funding alert] Digital mortgage platform, LoanKuber raises $1.25M as part of its ongoing Pre-Series A round

LoanKuber, a digital mortgage platform for micro-SMEs, on Friday announced that it has raised $1.25 million as part of its ongoing Pre-Series A round. The current round saw participation from…

Continue Reading[Funding alert] Digital mortgage platform, LoanKuber raises $1.25M as part of its ongoing Pre-Series A round

The second edition of Grand Challenge by AWS and Campus Fund is now open

The next great idea, venture or product is lurking in the corridors of university campuses. It needs to be discovered and nurtured to fruition. Fostering the entrepreneurial ambitions of students…

Continue ReadingThe second edition of Grand Challenge by AWS and Campus Fund is now open