IIT Madras-incubated Startup launches indigenously made Smart Air Purifier

Read more about IIT Madras-incubated Startup launches indigenously made Smart Air Purifier on Business Standard. Vistar has a coverage of 550 sq ft and a life of one year, twice that of air purifiers currently available in the market; It is priced at Rs 20,000, half that of existing products

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https://www.thehindubusinessline.com/news/now-performance-monitoring-for-start-up-incubation-centres/article24497497.ece

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The startup bubble in India

I thought we were done with the startup bubble in India. I thought the age where every Tom, Dick, and Harry would consider themselves entrepreneurs and start something up was behind us.

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Startup Street: An Indian Firm Claims Its Algorithm Can Predict Your Startup’s Success

This week on Startup Street, a Pune-based firm says it can predict startup success; a Japanese company that’s promising artificial shooting stars by 2020; and some bad news for the Indian startup ecosystem. Here’s what went on: Will Your Startup Succeed? Ask This Algorithm SRKay Consulting Group’s new algorithm can predict a startup’s future.

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https://timesofindia.indiatimes.com/city/chandigarh/startup-guys-put-bounce-in-your-pitch/articleshow/65089683.cms

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Focus on Indian start-up potential

India may be third after the United States and China in the global start-up ecosystem rankings, but the country may have much to learn from Hong Kong, which successfully hosted RISE, Asia’s biggest tech event a week ago, bringing together start-up entrepreneurs from across the globe under one roof to discuss the road ahead.

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The Economic Times Startup Awards: Celebrating the best in India’s startups

High-powered jury to select winners; awards ceremony on August 17.

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Now even India’s largest automobile maker is betting on a startup

India’s largest automotive company is testing the startup waters. The 73-year-old Tata Motors last week picked up a 26% stake in Bengaluru-based truck aggregator TruckEasy for an undisclosed amount. This strategic investment will provide the automobile firm a toehold in the rapidly growing technology-driven freight logistics space and an understanding of intra-city freight movement, a joint press release from the two companies said on July 10.

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Singapore firm invests in city-based start-up

Singapore’s CCube Angels Network has invested Rs. 3.5 crore in Inner Being Wellness, a nutri-food start-up based out of city. The start-up received SG $6,90,131 from the network partners Atim Kabra, Vipin Agarwal and Sandesh Pandhare and a few others.

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https://www.ndtv.com/education/iit-madras-carbon-zero-challenge-attracts-participants-from-students-startups-1881576

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Google to mentor local AI start-ups

Google on Tuesday announced ‘Launchpad Accelerator India,’ a mentorship program that would aim to support Indian start-ups that deploy artificial intelligence and machine learning to build solutions for local needs. The company said the program builds on the success of the global Launchpad Accelerator program.

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90% Indian startups fail within 5 years of inception: Study

India has provided for a nurturing ground to numerous startups in the past few years but they are merely clones of Western ideas. The lack of technical innovation in India has led to venture capitalists restricting funding, resulting in slow decay of entrepreneurship in India.

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In Silicon Valley, Chinese ‘accelerators’ aim to bring startups home

NEW YORK/ SAN FRANCISCO (Reuters) – Beijing’s unslakeable thirst for the latest technology has spurred a proliferation of “accelerators” in Silicon Valley that aim to identify promising startups and bring them to China. The surge in the number of China-focused accelerators – which support, mentor and invest in early-stage startups – is part of a larger wave of Chinese investment in Silicon Valley.

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A third of firms default on easy CSIR loans

Nearly a third of the companies have defaulted on the loans they have taken from the Council of Scientific and Industrial Research (CSIR). These loans were extended on “easy terms” towards developing new technologies, and to encourage start-ups.

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IP Due Diligence for Start-ups in the 2018 Legal Environment – The Most Important Conversation – IPWatchdog.com | Patents & Patent Law

For IP due diligence for investment in a start-up the most important conversation is with the key developers. Was open source software used? Is this a variation of what an engineer was working on at a prior company? Was the design changed during development after some dead-ends?

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