Telecom department launches a Shark Tank-style funding initiative to boost startups, focusing on next-gen technologies. Acting as a liaison, the DoT connects startups with venture capitalists (VCs), aiming to foster domestic tech giants. 25 startups, spanning quantum communication, 5G AI drones, cybersecurity, and IoT, pitched to 13 VCs from India, UK, and Uganda. Advanced funding discussions are underway, signaling potential growth opportunities for selected firms. The government's efforts align with its goal of achieving self-sufficiency in communications technology, supported by initiatives like the telecom technology development fund (TTDF).
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