55% less funding for healthtech businesses in 2022, according to the Tracxn report.

According to research published on Wednesday by market intelligence platform Tracxn, India's overall funding for healthtech startups fell by 55 percent from $3.2 billion in 2021 to $1.4 billion in 2022.

The loss in healthtech funding was primarily attributable to a 75% decrease in l...

French tech startups are bullish despite the country's sluggish economy and constant barrage of cyberattacks.

French startups are confident in their future despite the present economic climate, job losses in the technology industry, and recovery from the COVID-19 pandemic, a new study reveals. Study findings from EY and France Digitale, published on Tuesday, show that nearly 40% of French start-up CEOs a...

When it comes to corporate startups, judges at the CSS Awards chose LG Electronics.

At the sixth annual Corporate Startup Starts Awards, LG Electronics was recognised as one of the most active businesses working with startups and given an award for its successful collaboration practises in East Asia.

LG Electronics said on Sunday that it has been recognised as an East ...

Thailand's Tech-Savvy Startup Leader

On Tuesday, the newly appointed Chief Executive Officer of Thai Startup, Mickey Srisavat, gave an interview to the press in which he discussed his lofty goals and objectives for the company over the course of the next two years. He noted that while Thailand is internationally regarded for its dig...

Regional Thai Startup Competition

Thailand has accelerated its growth over the course of the last few years in accordance with the national policy on digital development for the country's economy and society. This has been accomplished in a manner that is consistent with the national goal for the development of digital techno...

AMILI, a Singaporean gut microbiome startup, has raised $10.5 million in Series A funding

AMILI, a Singapore-based precision gut microbiome company, has raised $10.5 million in a Series A funding round led by Vulcan Capital, a technology and life sciences investor.

Pruksa Group, TVM Capital Healthcare, Emtek Group, Capital Code, Pureland Group, Blue7, and Enterprise Singapor...

Salary Hero, based in Thailand, is a startup that seeks to expand into neo banking

Salary Hero aims to provide more financial flexibility to lower-income Thai workers. The firm, which focuses on earned income access and financial education with hopes to expand into neo banking, revealed today that it has raised $2.8 million in funding. Global Founders Capital, M Venture Partner...

In an industry-first poll, Australia's "invisible" health technology startups advocate for procurement reform and long-term government support

According to a recent analysis by the industry's peak organisation, digital health businesses say the federal government stifles innovation and calls for procurement change after two years of a pandemic in which technology has anchored Australia's COVID-19 response.

The Medical ...

Thailand Provides Support to Bio-Circular-Green Startups

The government of Thailand has full intention to support the setting of deep technology startups, especially those that are related to the economy pertaining to bio-circular green in alignment with the economic policy of the government.

The executive director, Pun-arj Chairatana, of the...

New start-up in Japan designs wind turbine to harness typhoon energy

Governments and companies globally are increasing renewable energy capacity, to cut carbon emissions. Many areas are often not suitable for installation of solar arrays or wind farms.

Highlights

• Challenergy has designed new turbine for power generation...

India’s first Indigenous motorized wheelchair developed by IIT Madras

The Indian Institute of Madras (IIM) has developed India’s first motorized wheelchair. This can be used on roads as well as terrains. This electronic wheelchair can go up to 25 kms on a single charge.

This is called as ‘NeoBolt’, and is developed by Prof. Sujatha Srini...

JAPAN’S ISPACE INC. TO DELIVER A LUNAR ROVER DEVELOPED BY UAE

Highlights –

• Japan’s Ispace Inc. to deliver a lunar rover developed by UAE.
• Ispace will also provide communications and power during the journey to the Moon and on its surface.
• The UAE's rover, named Rashid will be loaded on...

SWIGGY RAISES USD 800 MILLION

HIGHLIGHTS

• Recently, Swiggy raised US $ 800 million.
• Now Swiggy is worth nearly $ 5 billion.

Recently, Food Technology (Foodtech) startup Swiggy raised US $ 800 million in its latest Series J round of financing. Swiggy received new i...

CHINA’S ENERGY MONSTER STARTUP COMPANY ENTANGLED IN OWNERSHIP DISPUTE

Highlights –

• China’s Energy Monster startup company entangled in ownership dispute.
• The company is backed by Alibaba and SoftBank.
• The ownership dispite could cloud a Nasdaq flotation.
• Two Shanghai-based venture capit...

INDIAN TECH INDUSTRY LAUDS UNION BUDGET

HIGHLIGHTS

• Indian Tech giants have hailed the union budget.
• Indian Tech Industry believes that new budget is a step towards Aatmnirbhar Bharat.

Indian Technology Industry has applauded the new budget and biggest minds of Indian techn...

VENTURE-CAPITAL FIRMS INVESTED $5.8 BILLION IN NEW YORK TECH STARTUPS

Highlights

• The startups that saw biggest sum of funding coming their ways were companies that are developing risk-management and security, artificial-intelligence and machine, along with human-resources technologies

• According to a reported made by enterprise-tech...

S. KOREAN SME’s DESPITE THE PANDEMIC REPORTS THEIR EXPORTS TO FALL IN 2020

Highlights –

• S. Korean SME’s despite the pandemic reports their exports to fall in 2020.
• Overseas shipments totaled US$100.8 billion last year.
• In 2020, South Korean smaller companies exported $90 million worth of test kits to 1...

INDIAN PM MODI ENCOURAGES YOUNGSTERS TO ATTEND STARTUP INDIA

HIGHLIGHTS

• 'Prarambh', the two-days Startup India International Summit is taking place on 15-16 JAN 2020.
• Indian PM Modi has urged youngsters to attend the summit.

Indian Prime Minister (PM) Narendra Modi has urged youngsters...

ASEAN-KOREA CENTRE INTRODUCES AWARDS FOR 4 EXCEPTIONAL STARTUPS TO NURTURE GROWTH

• The ASEAN-Korea Centre, in a joint venture with the Gyeonggi Center for Creative Economy and Innovation (GCCEI), called out the four most outstanding companies, Dec. 3, in an annual event to support startups from ASEAN and Korea with the only aim being, to encourage investment and mutual ...

JAPAN’S ISPACE INC. TO SET UP LUNAR LANDER DEVELOPMENT SITE IN THE U.S.A

Highlights –

• Japan’s Ispace Inc. to set up a lunar lander development site in the U.S.A.
• The Japanese startup company plans to do by the end of the year in a bid to deliver payloads.
• The company aims to locate reserves of water ...