Tag: startups

National

PM Modi Launches ₹1 Lakh Crore RDI Scheme at ESTIC 2025 to Power India’s Innovation Revolution

Tanisha Cardozo

Prime Minister Narendra Modi inaugurated the Emerging Science & Technology Innovation Conclave (ESTIC) 2025 at Bharat Mandapam in New Delhi, marking a historic moment for India’s scientific and innovation landscape. Addressing the gathering of over 3,000 participants, including Nobel Laureates, leading scientists, researchers, academics, policymakers, and industry representatives, the Prime Minister emphasized the need for collaboration in the twenty-first century’s fast-changing world of science and technology. “Today is a big day in the world of science and technology,” he said. “There was a great need for experts from around the world to come together to brainstorm on emerging science, technology, and innovation, and to show direction together. This need gave birth to the vision of this conclave.”

As part of the inaugural ceremony, Prime Minister Modi launched the Research, Development and Innovation (RDI) Scheme Fund, a ₹1 lakh crore corpus designed to encourage private sector investment in research and development. The fund aims to create capital availability for projects that involve higher risk but carry the potential for large-scale impact. “This ₹1 lakh crore is for you. It is to increase your capabilities. It is to open new opportunities for you,” PM Modi declared, stressing the government’s commitment to promoting research and development within the private sector. He explained that for the first time, India is extending capital support to high-risk, high-impact ventures to accelerate technological breakthroughs.

He also announced the establishment of the *Anusandhan Research Foundation, a new institution that will strengthen research and innovation across universities, creating new pathways for academic and technological advancement. Reflecting on India’s recent scientific milestones, the Prime Minister pointed to the successful launch of *GSAT-7R, India’s heaviest communication satellite, congratulating ISRO scientists for their dedication and vision. He further cited India’s pandemic response, noting how the country developed an indigenous COVID-19 vaccine in record time and executed the world’s largest vaccination drive, enabled by its robust digital public infrastructure.

Alongside the fund launch, PM Modi released a coffee table book showcasing India’s scientific achievements and unveiled a vision document outlining the strategic direction for science and technology in the years ahead. ESTIC 2025 will run as a three-day conclave, featuring discussions across 11 thematic areas including advanced materials and manufacturing, artificial intelligence, bio-manufacturing, digital communications, quantum technologies, energy and climate solutions, and space sciences.

The event embodies India’s resolve to transform from a technology consumer into a global innovation powerhouse. With bold initiatives such as the RDI Fund and the Anusandhan Research Foundation, India is positioning itself to lead the world in deep-tech, research, and innovation — paving the way for a self-reliant, technologically advanced Bharat.

Travel

Bengaluru Traffic Leaves Even Founders Frustrated — Zepto’s Aadit Palicha Calls His Airport Commute “The Most Painful Thing”

allycaralgoa

Bengaluru’s notorious traffic jams have found yet another critic — and this time, it’s a familiar face from India’s startup world.

Zepto co-founder Aadit Palicha recently admitted that his biggest struggle in the city isn’t scaling a startup or managing logistics, but simply getting to the airport.

Speaking on a podcast, Palicha confessed that traveling from his home to Kempegowda International Airport is “the most painful thing” in his life right now. “That’s like the most painful thing that I have to do one or two times a month,” he said, adding with a laugh that he’d be “very happy” if companies actually managed to solve Bengaluru’s congestion problem.

Palicha’s remarks strike a chord with millions of Bengaluru residents who spend hours in traffic every day. Despite its position as India’s tech capital, the city continues to struggle with road infrastructure, rapid urbanisation, and increasing vehicle density.

As Bengaluru works toward sustainable mobility solutions — from metro expansions to last-mile connectivity initiatives — Palicha’s comment underscores how even the most successful entrepreneurs can’t bypass the city’s everyday hurdles.

— Reported by Allycaral | Connecting Global

TechPulse

Goa Launches Startup Policy 2025 to Boost Innovation, Jobs, and Entrepreneurship

Tanisha Cardozo

Goa is rapidly evolving into one of India’s most dynamic startup ecosystems, and the launch of the Goa Startup Policy 2025 marks a significant leap forward in that journey. Introduced by the Department of Information Technology, Electronics and Communications (DITE&C), this forward-thinking policy aims to foster innovation, generate employment, attract investment, and promote entrepreneurship across the state.

Goa already boasts 696 DPIIT-recognised startups — one of the highest per capita in the country — and the new policy sets even more ambitious goals. By 2028, Goa aims to establish 1,000 startups, create 10,000 jobs for Goans, help 100 startups secure venture funding, and enable partnerships between 50 startups and government departments.

The policy is spearheaded by Shri Rohan Khaunte, Hon’ble Minister for ITE&C, who is actively working to create an innovation-first culture across sectors. It takes a holistic approach — offering support not just to founders, but also to students, educational institutions, women entrepreneurs, and incubators.

The Campus Innovation Scheme is a standout initiative under the policy, offering grants to student innovators for entrepreneurial and research-based projects. These grants will cover costs related to prototype development, encouraging students to become job creators, not just job seekers.

To build a future-ready workforce, the Skill Enhancement Scheme reimburses startups for AI and tech-related upskilling. Additionally, the government will collaborate with private entities to establish IT labs, Maker Labs, and Innovation Centres in educational campuses and industrial parks.

The policy places a strong focus on inclusivity and diversity in entrepreneurship. Women-led startups working on innovative ideas will be eligible for monthly allowances, mentorship, and funding support through a dedicated program. Another initiative — the Promotion and Marketing Assistance Scheme — will provide financial support to startups attending government-endorsed exhibitions and trade shows, enabling better visibility and networking opportunities.

Crucially, the policy fosters an ecosystem approach. It encourages partnerships with accelerators, investors, educational institutions, corporates, government bodies, and market platforms, creating a collaborative network that supports startups through every stage of growth.

By prioritizing innovation, collaboration, and skill development, the Goa Startup Policy 2025 is building the foundation for a globally competitive, future-facing economy. Goa is not just aspiring to be a startup hub — it is setting itself up to become India’s Creative Capital, where technology meets talent, and ideas become impact.

TechPulse

Last Chance to Register: Goa Startup Accelerator Program Applications Close September 10

Tanisha Cardozo

With just days remaining for the application deadline, Goan startups are urged to seize the opportunity to register for the Goa Startup Accelerator Program, an initiative led by the Startup and IT Promotion Cell, Department of Information Technology, Electronics and Communications (DITE&C). The program, which was launched in July 2025, will close its application window on September 10, 2025.

The accelerator program is being conducted under the leadership of Hon’ble Minister Shri Rohan Khaunte, and driven by the vision of empowering local innovation through structured support. The initiative aims to scale up 30 MVP-stage startups that are either registered or actively building in Goa. Selection will be done through a competitive process involving open applications and nominations by an expert committee comprising incubators, industry leaders, and ecosystem stakeholders.

Designed to nurture startups with real market potential, the Goa Startup Accelerator offers selected participants access to business and technical mentorship, investment opportunities, real-time requirement mapping, one-on-one clinics, workshops, and a concluding demo day where startups can pitch to investors and industry leaders.

Speaking about the program, Shri Kabir Shirgaonkar, Director of DITE&C, highlighted the relevance of such initiatives in today’s innovation landscape. He said, “Goan startups today are not just addressing real-world problems but also generating employment opportunities in the State. Through our Goa Startup Accelerator Program, we aim to support promising startups, facilitating access to investment and industry expertise. After a rigorous selection process, top 30 startups will be chosen to participate in the program. We invite high-potential startups to apply and join us in shaping the future of Goa’s startup landscape.”

As the program’s final application deadline approaches, MVP-stage startups from Goa are encouraged to apply immediately and join a program designed to fuel rapid and sustainable growth in the local startup ecosystem.

To apply, visit the official website and complete the application form before September 10, 2025.

EduConnect

Despite 90% Placements, Goa’s Graduates Are Choosing Entrepreneurship and Self-Employment

Tanisha Cardozo

While Goa’s engineering and diploma colleges boast an impressive 90%+ placement rate, a more meaningful transformation is happening beneath the surface. A new generation of graduates is stepping beyond the boundaries of traditional employment — choosing entrepreneurship, self-employment, and reskilling as their path forward.

This isn’t about rejecting jobs — it’s about redefining success. With over 500 students placed in on- and off-campus drives, Goa’s talent is clearly industry-ready. But over 300 others are intentionally opting for higher education, entrepreneurial ventures, or skill-building initiatives. This points to a growing mindset shift: one where skills, not just degrees, are viewed as the currency of the future.

This transformation didn’t happen overnight.

At the heart of this change is the Startup and IT Promotion Cell and the Department of Information Technology, Electronics & Communications, led by Hon’ble Minister Shri Rohan A. Khaunte. Their strategic focus has been to reimagine education not just as a route to employment, but as a platform for lifelong learning and innovation.

Under this vision, Goa is building a holistic skilling ecosystem that evolves in real time with industry trends. Through initiatives like:

  • BridgeAura ’25: a forward-looking industry-academia partnership program
  • Goa AI Mission: introducing AI-driven learning and problem-solving in institutions
  • Startup Yatra Bootcamp and Masterclasses: that give students direct exposure to entrepreneurial tools
  • Hackathons and real-world project challenges

Goa is not just producing graduates — it’s nurturing founders, builders, and future leaders.

Institutions across the state are playing their part. From TORQUE 2025 at Goa College of Engineering (GEC), led by the Mechanical Engineering Students’ Association (MESA), to IDEAS 3.0 at Padre Conceicao College of Engineering (PCCE), students are being given platforms to innovate, present ideas, collaborate in teams, and build solutions to real problems.

These events are more than academic exercises — they are incubators for startup culture and entrepreneurial confidence.

Goa is now emerging as a model for how a state can equip its youth not just for the jobs of today, but to create the opportunities of tomorrow.

This generation of students isn’t just getting hired — they’re getting ready to hire others.