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Govt's Rocket Fuel for Startups🚀, EV Innovators Charging Ahead⚡
Big Four's AI Ambitions, Cisco's $28 Bn Splunk Play, Antler India's Rs 500 Cr Fund, Funding Deals, M&A and more.
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Indian Govt's Bold Plan: Rocket Fuel for Startups 🚀
The Indian government is launching a strategic initiative to turbocharge investment in its booming startup ecosystem. The Department for Promotion of Industry and Internal Trade (DPIIT) is crafting a roadmap that includes tracking indicators like investment levels, sector-specific startup counts, and employment opportunities, all aimed at propelling India's startup scene to new heights. 🌟💼
EV Startups Charge Ahead: Bucking the Trend in Troubled Times⚡🚗
While the startup world grapples with uncertainty, electric vehicle (EV) companies are revving up. In the age of sustainability, these startups are zooming ahead, drawing investments to fuel their expansion ambitions. They're not just building EVs; they're attracting top talent and racing toward a greener future, defying the downturn. 🌱📈
Big Four Bet Big on AI: Powering the Future of Business 🧮
The consulting giants, including the formidable 'Big Four' - PwC, EY, KPMG, and Deloitte, are doubling down on artificial intelligence (AI) investments. With surging client demands and a quest for service excellence, these industry leaders are placing their chips on AI-driven solutions. It's not just about advising on AI; they're harnessing it to reshape the future of business. 💡
Cisco Sets Sights on Splunk in Mammoth $28 Billion Deal🌐🔒
In a game-changing acquisition, tech titan Cisco Systems Inc. is set to acquire cybersecurity frontrunner Splunk in a monumental $28 billion deal. This strategic maneuver marks Cisco's most substantial purchase to date and propels it into the realms of cutting-edge software and AI-driven data analytics. 💡
Antler India's Maiden Fund Closes at Rs 500 Crore Mark🌱
Antler India, the renowned pre-seed venture capital champion, has achieved a remarkable milestone by closing its debut India-focused fund at an impressive Rs 500 crore of its maiden Rs 600 crore fund. This financial feat comes after a year and a half of dedicated efforts, with the final close anticipated in the coming quarter.💰🌟
Artificial Intelligence and automation-as-a-service platform EaseMyAI has raised Rs 3 crore in a Seed round led by Inflection Point Ventures.
Bengaluru-based fintech firm Perfios has acquihired Chennai-based open finance platform Fego.ai.
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