Indian Space Research Organisation (ISRO) and Microsoft on Thursday signed a Memorandum of Understanding (MoU) to fuel the growth of space technology start-ups in India. The MoU seeks to empower space tech start-ups across the country with technology tools and platforms, go-to-market support and mentoring to help them scale and become enterprise-ready. This collaboration has … Read more
The crypto market valuation, for the first time since 2021, is close to its last all-time high of $3 trillion thanks to Bitcoin, ETH, and other cryptocurrencies undergoing a bull run. Startups looking to establish their name in the crypto sector are taking this bull phase seriously and are swarming towards accelerator programmes. Subsequently, the … Read more
Crypto startups are putting valuations in the fast lane with an aggressive form of fundraising that reflects the digital-asset industry’s recovery as well as a desire among venture funds to put money to work. This approach involves an open-ended, rolling fundraise that keeps the cash coming in and quickly lifts valuations, a contrast to the … Read more
US-based card payments giant Mastercard is forging ahead with choosing and onboarding promising blockchain startups to join its Web3-focussed Smart Path programme. In a fresh development, the company has onboarded five new startups to be part of this initiative. In the coming months, Mastercard will work with these up-and-coming firms to explore how blockchain can … Read more
The crypto sector is undergoing a regulatory revamp in several parts of the world, aiming to make the industry safer for its members. Countries that have initiated these frameworks are seeing a spike in the number of Web3 startups, bringing business and opportunities to their citizens. A recent report by blockchain startup accelerator Alliance has … Read more
OpenAI is against regulating smaller startups in the field of artificial intelligence, Sam Altman, Chief Executive of the firm behind ChatGPT, said at a conference in India’s New Delhi. “We have explicitly said there should be no regulation on smaller companies. The only regulation we have called for is on ourselves and people bigger,” he … Read more
Crypto startups reportedly managed to see bigger investments from venture capital firms in the second quarter of 2024, compared to the first. As per a report, a total of $2.7 billion were invested into crypto startups between April and June this year. This amount is 2.5 percent higher than what was fetched by crypto startups … Read more
As the number of startups in cryptocurrency and artificial intelligence (AI) continues to grow, the demand for funding to support these emerging firms has also increased. VanEck, a global investment management firm based in New York City, has announced plans to invest $30 million (roughly Rs. 258 crore) into promising crypto and AI startups. Currently, … Read more