Category: News & Analysis

15th January 2021: Shortlisting of successful applications for Round 2 29th January 2021: Final online presentations before Jury followed by Award announcements. The Spirit of Manufacturing Awards are dedicated to encouraging and applauding innovation in the manufacturing sector. The Indian manufacturing sector has the potential to drive the policy of import substitution and be the key enabler of exports that can position the Indian economy as the second largest economy in the manufacturing space, in the times to come. The Award will invite nominations from startups/entrepreneurs in the manufacturing space.…

Small and Medium Businesses have been the backbone of the Indian economy. While Covid-19 did hinder their streamlined work, it also made them appreciate the role of modern technology plays in growth and prosperity in this digital age, and how it can help them step into the future. Driving this similar thought ahead and aiming to help SMBs in this long run – Microsoft launches ‘SMB Utsav’. This contest is an opportunity of recognition for all the unsung heroes of the Indian economy to get business and technology offerings worth upto…

Inaugurated by the Hon’ble Prime Minister of India- Shri. Narendra Modi “Next is Now” to be the theme of the 23rd edition of Bengaluru Tech Summit Bengaluru, November 19, 2020: The opening ceremony of the 23rd edition of Bengaluru Tech Summit was conducted at a hybrid event in the city today. Organized by the Department of Electronics, IT, Bt and S&T of the Government of Karnataka, the Summit was virtually inaugurated by the Hon’ble Prime Minister of India, Shri Narendra Modi. With the theme of ‘NEXT IS NOW’, the three…

16 out of 36 States and UTs witnessing business activity levels higher than pre-Covid times; Karnataka, Maharashtra, Gujarat, Andhra Pradesh, Tamilnadu & Delhi are trending at 90-95% of their pre-Covid activity levels Businesses in tier 2 and tier 3 cities witnessing faster recovery than tier 1 cities OkCredit witnessed double-digit recovery in business from medical and kirana stores in September 2020 More than 5.5 million small business owners across 2800 cities and nearby rural areas today deal in over 100 types of businesses using OkCredit to track their account receivables…

Virtual Forest, a start-up that focuses on creating customer centric green technology to address global environmental challenges has completed it’s first round of funding with Napino, one of India’s largest EMS companies and a tier 1 supplier to the automotive ecosystem taking a minority (15 percent) stake in the company.  Under the arrangement, Napino will also be the manufacturing partner for the intelligent controllers for the household appliance industry designed by Virtual Forest. Virtual Forest was formally set up in November 2019, though the founder directors have been working for…