Kaushik Mudda News Today

AI and other deep technologies are the prevailing themes in the new early-stage cohort from Peak XV Partners, as the largest India and Southeast AI and other deep technologies are the prevailing themes in the new early-stage Surge cohort from Peak XV Partners.

The minister cited the 28% GST on online gaming firms as an example that the government needs to "reset" its policies. The Soonicorns summit saw participation from a range of startup executives and investors across sectors.

Bengaluru, which is home to about 160-200 manufacturing startups, has seen more than 20 of them mushroom in the industrial region of Peenya, with many others poised to shift here.

Deep-tech Startup Policy: Open for public consultation and released on Monday, the recommendations are spread across nine themes including access to funding and strengthening the intellectual property regime.

Ethereal Machines, a manufacturer of precision engineering parts, Monday announced that it has secured funding of $7.3 million.

Celesta Capital partner Ganapathy Subramaniam, former Blackstone India head Mathew Cyriac and executive chairman of Cadence Design Systems Lip-Bu Tan, along with Finvolve, 9Unicorns, Venture Catalysts and T2D3 Capital also participated in the round, as per a statement.

Deeptech-based manufacturing startup Ethereal Machines has raised $7.3 Mn funding from Peak XV Partners and Blume Ventures.