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Fictiv nabs $35M to build out the ‘AWS of hardware manufacturing’ Hardware may indeed be hard, but a startup that’s built a platform that might help buck that idea by making hardware a little easier to produce has announced some more funding to continue building out its platform. Fictiv, which positions itself as the “AWS of hardware” providing a platform for those needing to produce some hardware, giving them a place to design, price and order those pieces and eventually get them from one place to another has raised $35 million. Fictiv will be using the money to continue building out its platform and the supply chain that underpins its business, which the startup describes as a “Digital Manufacturing Ecosystem.” ....
The FICCI - Dhruva Advisors Survey stated today that Union Budget for fiscal 2021-22 will be presented in the shadow of COVID-19 pandemic. With the world s largest immunization program currently underway in the country, time is ripe to further accelerate efforts to reinvigorate the economy. The upcoming Budget must therefore focus on creating demand, encouraging infrastructure spends and increasing outlays for the social sector. These are the top three macro-economic themes, which members of India Inc would like to see in the upcoming Budget. Additionally, with the global value chains being disrupted, innovation and R&D becoming the key differentiators of growth along with an array of new digital technologies. India Inc would like the government to continue with its policy focus on strengthening the manufacturing ecosystem, promoting research and development, and incentivizing futuristic technologies in the upcoming Budget. ....