C-DoT says Rs 700 crore corpus available to fund startups #shortsvideo

প্রকাশিত: Jun 30, 2023
16 দর্শনসমূহ



C-DoT says Rs 700 crore corpus available to fund startups #shortsvideo

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  • Rs 1 lakh crore corpus for providing 50-year interest free loans to the youth | FM | Lok Sabha

    For our tech-savvy youth, this will be a golden era. A corpus of Rs 1 lakh crore will be established for providing 50-year interest free loans.

    The corpus will provide long term financing or re-financing with long tenures with low or nil interest rates.

    - Finance Minister Smt. Nirmala Sitharaman, Lok Sabha, 01.02.2024

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  • Krafton to fund $150 million on Indian gaming and entertainment startups #shortsvideo



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    #crypto #blockchain #startup
    Crypto Vs Blockchain Startup


    There are many Indian companies working actively in the crypto space. India's crypto industry attracts foreign funds, but local investors remain wary. Cryptocurrency has seen tremendous growth in the last one year and from a consumer and technology standpoint, India is an important destination for cryptos. The venture capital companies including Sequoia Capital India, Lightspeed India, Elevation Capital and others are warming up to India’s cryptocurrency and blockchain industry. Several international funds such as Pantera Capital and Coinbase Ventures, and entrepreneur investors like Mark Cuban, have been investing in blockchain and crypto startups founded by Indians.



    The absence of regulatory approval and the possibility of a blanket ban has, however, kept most Indian funds at bay, despite the heightened interest in crypto and blockchain. Despite the regulatory uncertainty and the volatility of cryptocurrencies, Indian start-ups in the space saw funding grow 73% in the first six months of calendar 2021 compared to the whole of 2020.Total funding year-to-date in 2021 stood at $50.03 million against the $28.85 million raised by cryptocurrency-based start-ups in 2020, according to data from Tracxn. A report says, the lockdown in 2020 had led to increased activity in the cryptocurrency market as retail and institutional investors turned to this investment avenue as volatility hit the stock market. Blockchain faces hurdles, including volatility in cryptocurrency pricing and confusion and misunderstanding from many consumers about the technology and related financial services, experts say.


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  • Microsoft releases Speech Corpus for three Indian languages

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  • Govt simplifies process for startups to seek tax exemption on angel fund investments

    The Economic Times | A Times Internet Limited product

    The government has eased the procedure for startups to seek income tax exemption on investments from angel funds as part of efforts to address concerns of budding entrepreneurs, official sources said.

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    Traditionally, AI processing has been conducted by massive clusters of servers in the cloud or data centers. This is because AI models can be very large and complex, and they require a lot of computing power to train and run.

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    Google has recently unveiled three new tools to combat online misinformation:

    · About this Image: This feature, which was initially unveiled earlier in 2023 and is now available globally to English-speaking users through Google Search, provides information about images, including their history, descriptions by users, metadata, and clear indications if an image is generated by AI. Google's AI-generated images are also clearly labelled.

    · Fact Check Explorer: This tool allows journalists to verify images by tapping into information from independent organizations.

    · AI-generated source descriptions within the Search Generative Experience: This feature provides original sources and insights from reputable publications, which are accessible through the "More About This Page" section in search results.

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    Recent developments in the technology landscape, including the acceleration of automation, artificial intelligence, and the digitization of industries, are transforming the nature of work. These challenges have immediate and far-reaching implications for India's economy, society, and future prospects.


    The Tech Tsunami, characterized by rapid technological advancements, has the potential to drive unprecedented growth and innovation. However, if not harnessed effectively, it could lead to job shrinkage, job displacement and job reduction further leading to increased economic inequality.

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