The high-powered jury initially shortlisted biotech startup String Bio along with Info Edge Ventures-backed Brainsight AI, which is building an advanced software system that can create a map of the human brain, tracking signals exchanged between different parts of the brain.
OfBusiness, a B2B ecommerce firm, has been named the Startup of the Year at The Economic Times Startup Awards 2023. The company was recognized for its success in building a large-scale B2B venture focused on small and medium enterprises in India, while generating strong profits. The awards, which are in their ninth edition, celebrate entrepreneurship and recognize companies and individuals who have made significant contributions to the startup ecosystem. OfBusiness joins a prestigious list of previous winners, including Zomato, Oyo Hotels & Homes, and Swiggy.
In a fiscal of acquisitions and venturing into new areas, the city based conglomerate Murugappa Group had posed 35.8 per cent growth in turnover and 24 per cent growth in after tax profits. Last fiscal the group had announced investments of .
Karnataka Innovation and Technology Venture (Kitven), a state and central government financial institutions-backed venture capital firm, has hit the road to raise its largest ever ..