Bengaluru Based Startup Provides Safe Drinking Water Using Air
With an aim of clean water from air, this start-up company in Bengaluru is making headlines. Uravu Labs, a Bangalore-based startup, has been harvesting renewable water from inexhaustible atmospheric moisture. Started in 2019, the company is owned by Pardeep Garg, Swapnil Shrivastav, Venkatesh R, and Govinda Balaji, in partnership. The company is getting known for providing drinking water, withe the use of renewable energy, air.
Tags: start-up business, Uravu Labs, Bengaluru Company, AIR, Clean Water
Courtesy: India Times
Govt Aims 75 Unicorns, Taking Steps To Boost Startups: Piyush Goyal
Union Minister Piyush Goyal, ensured necessary steps taken by the Central Government ro boost economy of startups in India. During an event, Goyal said India aims to gain 75 unicorn in 75 weeks, till the 75th Independence Day, from current 43 unicorns added in 45 weeks, from March 2021. Goyal also released Nasscom Tech Startup Report 2022. Notably, start-up industry is rising seed-fundings and investments from large entities in India.
Tags: Piyush Goyal, start-up business, 9Unicorns, Nasscom Tech, Union government
Courtesy: The Economic Times
SEBI Encourages Startups' Listings By Easing Eligibility Rules
To bring more start-ups into stock market, SEBI has eased the eligibility rules by bringing necessary amendments. Easing the delisting process, the regulator has provisioned that promoters or acquirers will have to disclose intention of delisting by making public announcements. Besides, slashing the time period for pre-issue shareholders to 1 year from 2 year, SEBI increased the pre-issue shareholding of 'Innovators Growth Platform investors… read-more
Tags: SEBI, Stock market, start-up business, De listing
Courtesy: Money Control
IIT-R's 'Recogsquare' Named Most Innovative At Global Fintech Awards
Recogsquare, a start-up nurtured and funded by the IIT-Roorkee, has won the ‘Most Innovative Digital Rollout Award.’ The awards were announced at the ‘Global Fintech Innovation Awards’ organized by IBS Intelligence - a financial technology firm. The application Recogsqare is an AI SaaS-backed e-KYC and Video KYC platform that will help banks to verify customers and avoid customer drop-offs. Moreover, the app has been backed by the centre's… read-more
Tags: IIT Roorkee, Artificial Intelligence, start-up business, Recogsquare
Courtesy: NDTV