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    Chhattisgarh CM Vishnu Deo Sai inaugurated and laid foundation stones for Rs 3.45 crore development projects in Jashpur, including a new rural market, aiming to boost local connectivity, culture and tourism.

    Chhattisgarh CM Unveils Several Development Projects Worth Rs 3.45 Cr to Boost Local Economy

    Ministry of Heavy Industries and DAE are launching a Rs 1,000 crore scheme to boost domestic rare earth magnet manufacturing, targeting 1,500 tonnes annually to cut imports for EVs, electronics and defence.

    Govt Plans Rs 1,000 Cr Scheme to Curb Import Dependence for Rare Earth Magnets

    Karnataka CM Siddaramaiah to inaugurate Shahapur drinking water project in Yadgir, providing clean water from the Bhima River to Shahapur and two villages until 2050 under AMRIT 2.0.

    Karnataka CM to Inaugurate Rs 70 Cr Shahapur Drinking Water Project in August

    Bihar government reshuffled 7 IPS officers and appointed IPS Jitendra Rana as IG Central Region (Patna), while others have been given new roles to enhance state policing.

    Bihar Govt Transfers 7 IPS Officers; IPS Jitendra Rana Made IG, Patna

    NCRTC completed a full trial run of the Namo Bharat train on the 82-km Delhi–Meerut RRTS corridor, covering the distance in under an hour at 160 kmph.

    Namo Bharat Train Completes Successful Trial Run on Delhi–Meerut RRTS Corridor

    Union Minister Dr Jitendra Singh highlights how PM Narendra Modi's 11-year leadership has transformed India into a global science and technology frontrunner.

    India Emerges as Global Science Powerhouse Under PM Modi’s Tech-Driven Governance: Dr Jitendra Singh

    Madhya Pradesh mandates digital attendance for all government school teachers via the 'Humare Shikshak' platform from 1 July.

    Madhya Pradesh Makes E-Attendance Mandatory for Govt School Teachers from 1 July

    Tamil Nadu government transfers 55 IAS officers, including 9 district collectors.IAS Rajendra Ratnoo appointed Principal Secretary,

    Tamil Nadu Govt Transfers 55 IAS Officers; IAS Rajendra Ratnoo Made Principal Secy

    Tripura has officially become India's third fully literate state, following Mizoram and Goa, with a functional literacy rate of 95.6% in FY 2024-25.

    Tripura Becomes Third Indian State to be 100% Literate

  • Healthcare
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    Amazon India has launched 'Amazon Diagnostics' in partnership with Orange Health Labs, entering the at-home diagnostics segment in Bengaluru, Delhi, Gurgaon, Noida, Mumbai and Hyderabad.

    Amazon Enters At-Home Diagnostics Space in India Through Tie-Up with Orange Health

    West Bengal plans to launch "Smart OPDs" in government hospitals, starting with 75 secondary-level facilities.

    West Bengal to Start Smart OPDs in All Secondary Level Hospitals Across the State

    India partners with WHO to integrate traditional Ayush medicine practices like Ayurveda and Yoga into the International Classification of Health Interventions (ICHI), standardising global recognition and enabling broader integration into healthcare systems and insurance frameworks.

    India and WHO collaborate on Global Ayush Treatment Classification

    Tata Elxsi Collaborates with ECOSEP to Develop AI Tools for Sports Medicine

    Tata Elxsi Collaborates with ECOSEP to Develop AI Tools for Sports Medicine

    Delhi CM launches MedLEaPR, a new digital platform for medico-legal documentation across the city's healthcare institutions.

    Delhi Launches Digital Platform ‘MedLEaPR’ to Streamline Medico-Legal Reporting

    Delhi Government Begins Mobile Registration Campaign for Ayushman Vaya Vandana Yojana

    Delhi Govt Begins Mobile Registration Campaign for Ayushman Vaya Vandana Yojana

    Delhi Govt to Roll Out Unified Health Management Information System to Monitor Real-Time Hospital Data

    Delhi Govt to Roll Out Unified Health Management Information System to Monitor Real-Time Hospital Data

    Delhi government launches Ayushman Vay Vandana scheme, offering Rs 10 lakh health insurance for residents aged 70+, combining central Ayushman Bharat with state benefits. Free tests and personalized health cards included. Details on integration and hospital access awaited.

    Delhi Launches Rs 10 Lakh Health Cover for Senior Citizens

    IIT Guwahati and AIIMS Guwahati launch a 4-year BS in Biomedical Science and Engineering, integrating engineering, medicine, and pharmacology. Applications open April 25th.

    IIT Guwahati, AIIMS Guwahati to Collaborate on Interdisciplinary Course on Biomedical Engineering

  • Education
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    • School (K12 Education)
    Madhya Pradesh mandates digital attendance for all government school teachers via the 'Humare Shikshak' platform from 1 July.

    Madhya Pradesh Makes E-Attendance Mandatory for Govt School Teachers from 1 July

    Tripura has officially become India's third fully literate state, following Mizoram and Goa, with a functional literacy rate of 95.6% in FY 2024-25.

    Tripura Becomes Third Indian State to be 100% Literate

    IIIT Hyderabad's Smart City Research Centre and KIET have partnered via an MoU to establish a Smart City Living Lab on the KIET campus, extending its reach to Kakinada Smart City.

    IIIT Hyderabad, KIET Ink MoU for Smart City Living Lab, Kakinada Testbed

    Tripura's Tribal Welfare Department launched smart classrooms in 33 tribal hostels, benefiting 7000 students.

    Tripura Launches Smart Classrooms in 33 Tribal Hostels for Remote Learning

    Professor Suman Chakraborty, from IIT Kharagpur's mechanical engineering department, has been appointed as the institute's new full-term director.

    Prof Suman Chakraborty Appointed as IIT Kharagpur Director

    In QS World University Rankings 2026, a record 54 Indian institutions featured, including IIT Delhi (123rd - enters the top 125) and IIT Madras (180th - breaks into the top 200 for the first time).

    IIT Delhi, IIT Madras Shine in QS World University Rankings 2026

    West Bengal's Higher Education Department launches 'Bina,' an AI chatbot, on its centralized admission portal today for college admissions. Bina will answer student queries for 7229 courses across 460 colleges and 17 universities, alongside a helpline and email support, allowing fee-free applications for up to 25 courses.

    West Bengal College Admission Portal Deploys AI Chatbot ‘Bina’

    IIT Kharagpur's IEEE Computer Society Student Branch Chapter and IEEE Kharagpur Section launched a free online Summer Internship Programme 2025. Open to UG/PG students nationwide, it offers 2-3 months of mentorship and project experience in AI/ML, Cloud-Edge Computing, Generative AI, and more. Application deadline: 21 June.

    IIT Kharagpur Launches AI-Focused Online Summer Internship 2025 for Tech Students Nationwide

    Amid Operation Sindoor, India faced a surge in cyberattacks targeting power grids, defence PSUs, and educational institutions. With 8,487 weekly attacks on education alone, the nation battles escalating threats from global hacktivists.

    Cyberattacks Surge Amid Operation Sindoor, Check Point Finds Education Sector Emerges as Key Target

    Kolkata's Asutosh College introduces 25 new skill-oriented certificate courses this academic year, designed for industry relevance.

    Kolkata’s Asutosh College Launches 25 Skill-Oriented Certificate Courses to Cater to Industry

    Madhya Pradesh mandates digital attendance for all government school teachers via the 'Humare Shikshak' platform from 1 July.

    Tech Tools Reduce Human Bias in UP Police Constable Recruitment

    Simplilearn & SP Jain School Join Hands to Introduce Digital Supply Chain Management Certification

    Simplilearn & SP Jain School Join Hands to Introduce Digital Supply Chain Management Certification

    Germany Offers Stability and Affordable Education; An Ideal Study Destination for Indians Amid Global Uncertainty, Says German Ambassador

    Germany Offers Stability and Affordable Education; An Ideal Study Destination for Indians Amid Global Uncertainty, Says German Ambassador

    Madhya Pradesh mandates digital attendance for all government school teachers via the 'Humare Shikshak' platform from 1 July.

    AICTE Plans AI Integration Across Technical Courses by Next Academic Year

    Dr. Ravikumar M Chitnis, VC of MIT World Peace University, discusses the impact of internationalisation, digital innovations and the unique RIDE credit program designed to foster a strong startup culture.

    ‘Our Curriculum has a Credit Program on Research, Innovation, Design and Entrepreneurship (RIDE) to Boost Startup Culture’: Dr. Ravikumar M Chitnis, Vice Chancellor, MIT World Peace University

    Andhra Pradesh, Nvidia partner to build AI university, train 10,000 students, and back 500 startups

    Andhra Pradesh, Nvidia Partner to Build AI University, Train 10,000 Students and Back 500 Startups

    Infosys Chairman Nandan Nilekani has pledged a new multi-year grant to AI4Bharat, an IIT Madras initiative developing open-source AI models for Indian languages, further strengthening India's digital inclusivity efforts.

    Nandan Nilekani Extends Support to IIT Madras’ AI4Bharat for Advancing Indian Language AI Infrastructure

    Nagaland University has signed an MoU with RIS, an MEA think tank, to establish the University Connect Hub, fostering global research, knowledge sharing and capacity building.

    Nagaland University Signs MoU with MEA Think Tank RIS for Global Research

    Nagaland has laid the foundation stone for nine new Lighthouse School Complexes (LSCs) under the World Bank-funded NECTAR project, bringing the total to 16 LSCs across all districts.

    Nagaland Launches Nine Lighthouse School Complexes Under NECTAR Project

    West Bengal's Education Department is launching a centralised online admission portal within a week for undergraduate courses across 16 universities and 461 colleges.

    West Bengal to Launch Centralised Admission Portal for UG Courses Next Week

  • BFSI
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    SEBI has approved new delisting norms for PSUs with over 90% government/PSU shareholding, introducing a fixed-price exit route and easing procedural hurdles.

    SEBI Eases Delisting Process for Select PSUs with Over 90% Government Stake

    TRAI Begins Pilot Project to Digitally Track Consent for Commercial Calls, Targets Banks First

    TRAI Begins Pilot Project to Digitally Track Consent for Commercial Calls, Targets Banks First

    Paisabazaar has launched "Loan Against Car" in partnership with HDFC Bank and Tata Capital, allowing users to borrow up to 200% of their vehicle's market value digitally.

    Paisabazaar Launches Loan Against Car Product in Tie-Up with HDFC Bank, Tata Capital

    NPCI has reduced UPI transaction processing time to 15 seconds and status update time for failed/pending transactions to 10 seconds

    NPCI Cuts UPI Processing Time to 15 Seconds, Introduces New Rules for Failed Transactions

    The RBI is intensifying scrutiny on India's microfinance sector due to concerns over high interest rates, borrower over-indebtedness, and harsh recovery practices.

    RBI Flags Concerns Over Microfinance Sector’s High Interest Rates, Coercive Recovery Methods

    Paytm Enables Custom UPI IDs, Moves to Address User Privacy Concerns

    Paytm Enables Custom UPI IDs, Moves to Address User Privacy Concerns

    Sat Pal Bhanoo has been appointed the MD & CEO of LIC by the central government, taking over from Siddhartha Mohanty.

    Sat Pal Bhanoo to Lead LIC with Additional Role of MD and CEO

    Infosys Unveils GIFT City Centre for BFSI Digital Services

    Infosys Unveils GIFT City Centre for BFSI Digital Services

    TransUnion CIBIL and Sa-Dhan Partner to Launch Credit Awareness Initiative for Microfinance Sector

    TransUnion CIBIL and Sa-Dhan Partner to Launch Credit Awareness Initiative for Microfinance Sector

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    Ministry of Heavy Industries and DAE are launching a Rs 1,000 crore scheme to boost domestic rare earth magnet manufacturing, targeting 1,500 tonnes annually to cut imports for EVs, electronics and defence.

    Govt Plans Rs 1,000 Cr Scheme to Curb Import Dependence for Rare Earth Magnets

    Union Minister Dr Jitendra Singh highlights how PM Narendra Modi's 11-year leadership has transformed India into a global science and technology frontrunner.

    India Emerges as Global Science Powerhouse Under PM Modi’s Tech-Driven Governance: Dr Jitendra Singh

    Madhya Pradesh mandates digital attendance for all government school teachers via the 'Humare Shikshak' platform from 1 July.

    Madhya Pradesh Makes E-Attendance Mandatory for Govt School Teachers from 1 July

    Gujarat has launched the Electronics Component Manufacturing Policy 2025 (GECMS-2025) to attract investments and reduce import dependency. It offers dual incentives (Centre and State), including up to Rs 12.5 crore for Centres of Excellence.

    Gujarat Announces New Policy to Boost Electronics Component Manufacturing, Offers Research Grants and Dual Incentives

    eScan XDR has launched a new phishing simulation tool to equip organizations against increasingly personalized and AI-driven phishing threats.

    eScan XDR Develops New Phishing Simulator as AI Tools Boost Attack Sophistication

    IIIT Hyderabad's Smart City Research Centre and KIET have partnered via an MoU to establish a Smart City Living Lab on the KIET campus, extending its reach to Kakinada Smart City.

    IIIT Hyderabad, KIET Ink MoU for Smart City Living Lab, Kakinada Testbed

    Dixon Technologies is the third company to secure 22.5 acres in YEIDA's Electronics Manufacturing Cluster (EMC) in Sector 10 near the Noida International Airport.

    Dixon Technologies Joins YEIDA’s Sector 10 Electronics Cluster Near Noida Airport

    Telangana is emerging as India's leader in AI healthcare innovation, boasting one decacorn, four unicorns, and over 900 AI startups. State IT Minister D Sridhar Babu highlighted AI's role in diagnostics, surgery, drug discovery and rural access.

    Telangana Leads Healthcare Innovation with AI: State IT Minister 

    Uno Minda to Invest Rs. 210 Crore in New Aluminium Die-Casting Facility in Maharashtra

    Uno Minda to Invest Rs. 210 Crore in New Aluminium Die-Casting Facility in Maharashtra for EV Manufacturing

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    Sat Pal Bhanoo has been appointed the MD & CEO of LIC by the central government, taking over from Siddhartha Mohanty.

    Sat Pal Bhanoo to Lead LIC with Additional Role of MD and CEO

    TN Govt Inks MoU with Banks to Offer Free Insurance to State Employees

    TN Govt Inks MoU with Banks to Offer Free Insurance to State Employees

    Delhi CM Rekha Gupta assures Mohalla Clinic staff of no job cuts amidst healthcare revamp, directly refuting AAP's claims of layoffs.

    No Job Cuts for Delhi Mohalla Clinic Staff in Revamp Plan: CM Rekha Gupta

    India launches Skill India Assistant (SIA), an AI-powered digital skilling tool developed by MSDE and Meta using Llama models. Accessible on WhatsApp, SIA offers skilling courses, training centres, and job opportunities.

    Skill India Partners with Meta to Launch Llama-Powered Skill India Assistant

    The Centre has approved the appointment of Ratnakar Patnaik and Dinesh Pant as Managing Directors of LIC, effective June 1, 2025, replacing outgoing MDs Jagannath Mukkavilli and Tablesh Pandey.

    LIC Strengthens Leadership with Two New Managing Directors

    NSDC International to Train 100,000 Caregivers for Global Healthcare Sector

    NSDC International to Train One Lakh Caregivers for Global Healthcare Sector

    EPFO Introduces Two Major Reforms to Simplify and Speed Up Claim Settlement Process

    EPFO Introduces Two Major Reforms to Simplify and Speed Up Claim Settlement Process

    Raj Kumar Dubey, BPCL's Director (HR), assumes additional charge as Director (Marketing), bringing 35+ years of experience in operations and HR.

    Raj Kumar Dubey Assumes Additional Charge as Director (Marketing) at BPCL

    NSDC International visits Germany to boost global skill partnerships, enhance workforce mobility, and align Indian training with international industry needs.

    NSDC International Forges Cross-Border Skill Partnerships in Germany

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APAC Media
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  • Governance
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    Chhattisgarh CM Vishnu Deo Sai inaugurated and laid foundation stones for Rs 3.45 crore development projects in Jashpur, including a new rural market, aiming to boost local connectivity, culture and tourism.

    Chhattisgarh CM Unveils Several Development Projects Worth Rs 3.45 Cr to Boost Local Economy

    Ministry of Heavy Industries and DAE are launching a Rs 1,000 crore scheme to boost domestic rare earth magnet manufacturing, targeting 1,500 tonnes annually to cut imports for EVs, electronics and defence.

    Govt Plans Rs 1,000 Cr Scheme to Curb Import Dependence for Rare Earth Magnets

    Karnataka CM Siddaramaiah to inaugurate Shahapur drinking water project in Yadgir, providing clean water from the Bhima River to Shahapur and two villages until 2050 under AMRIT 2.0.

    Karnataka CM to Inaugurate Rs 70 Cr Shahapur Drinking Water Project in August

    Bihar government reshuffled 7 IPS officers and appointed IPS Jitendra Rana as IG Central Region (Patna), while others have been given new roles to enhance state policing.

    Bihar Govt Transfers 7 IPS Officers; IPS Jitendra Rana Made IG, Patna

    NCRTC completed a full trial run of the Namo Bharat train on the 82-km Delhi–Meerut RRTS corridor, covering the distance in under an hour at 160 kmph.

    Namo Bharat Train Completes Successful Trial Run on Delhi–Meerut RRTS Corridor

    Union Minister Dr Jitendra Singh highlights how PM Narendra Modi's 11-year leadership has transformed India into a global science and technology frontrunner.

    India Emerges as Global Science Powerhouse Under PM Modi’s Tech-Driven Governance: Dr Jitendra Singh

    Madhya Pradesh mandates digital attendance for all government school teachers via the 'Humare Shikshak' platform from 1 July.

    Madhya Pradesh Makes E-Attendance Mandatory for Govt School Teachers from 1 July

    Tamil Nadu government transfers 55 IAS officers, including 9 district collectors.IAS Rajendra Ratnoo appointed Principal Secretary,

    Tamil Nadu Govt Transfers 55 IAS Officers; IAS Rajendra Ratnoo Made Principal Secy

    Tripura has officially become India's third fully literate state, following Mizoram and Goa, with a functional literacy rate of 95.6% in FY 2024-25.

    Tripura Becomes Third Indian State to be 100% Literate

  • Healthcare
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    Amazon India has launched 'Amazon Diagnostics' in partnership with Orange Health Labs, entering the at-home diagnostics segment in Bengaluru, Delhi, Gurgaon, Noida, Mumbai and Hyderabad.

    Amazon Enters At-Home Diagnostics Space in India Through Tie-Up with Orange Health

    West Bengal plans to launch "Smart OPDs" in government hospitals, starting with 75 secondary-level facilities.

    West Bengal to Start Smart OPDs in All Secondary Level Hospitals Across the State

    India partners with WHO to integrate traditional Ayush medicine practices like Ayurveda and Yoga into the International Classification of Health Interventions (ICHI), standardising global recognition and enabling broader integration into healthcare systems and insurance frameworks.

    India and WHO collaborate on Global Ayush Treatment Classification

    Tata Elxsi Collaborates with ECOSEP to Develop AI Tools for Sports Medicine

    Tata Elxsi Collaborates with ECOSEP to Develop AI Tools for Sports Medicine

    Delhi CM launches MedLEaPR, a new digital platform for medico-legal documentation across the city's healthcare institutions.

    Delhi Launches Digital Platform ‘MedLEaPR’ to Streamline Medico-Legal Reporting

    Delhi Government Begins Mobile Registration Campaign for Ayushman Vaya Vandana Yojana

    Delhi Govt Begins Mobile Registration Campaign for Ayushman Vaya Vandana Yojana

    Delhi Govt to Roll Out Unified Health Management Information System to Monitor Real-Time Hospital Data

    Delhi Govt to Roll Out Unified Health Management Information System to Monitor Real-Time Hospital Data

    Delhi government launches Ayushman Vay Vandana scheme, offering Rs 10 lakh health insurance for residents aged 70+, combining central Ayushman Bharat with state benefits. Free tests and personalized health cards included. Details on integration and hospital access awaited.

    Delhi Launches Rs 10 Lakh Health Cover for Senior Citizens

    IIT Guwahati and AIIMS Guwahati launch a 4-year BS in Biomedical Science and Engineering, integrating engineering, medicine, and pharmacology. Applications open April 25th.

    IIT Guwahati, AIIMS Guwahati to Collaborate on Interdisciplinary Course on Biomedical Engineering

  • Education
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    Madhya Pradesh mandates digital attendance for all government school teachers via the 'Humare Shikshak' platform from 1 July.

    Madhya Pradesh Makes E-Attendance Mandatory for Govt School Teachers from 1 July

    Tripura has officially become India's third fully literate state, following Mizoram and Goa, with a functional literacy rate of 95.6% in FY 2024-25.

    Tripura Becomes Third Indian State to be 100% Literate

    IIIT Hyderabad's Smart City Research Centre and KIET have partnered via an MoU to establish a Smart City Living Lab on the KIET campus, extending its reach to Kakinada Smart City.

    IIIT Hyderabad, KIET Ink MoU for Smart City Living Lab, Kakinada Testbed

    Tripura's Tribal Welfare Department launched smart classrooms in 33 tribal hostels, benefiting 7000 students.

    Tripura Launches Smart Classrooms in 33 Tribal Hostels for Remote Learning

    Professor Suman Chakraborty, from IIT Kharagpur's mechanical engineering department, has been appointed as the institute's new full-term director.

    Prof Suman Chakraborty Appointed as IIT Kharagpur Director

    In QS World University Rankings 2026, a record 54 Indian institutions featured, including IIT Delhi (123rd - enters the top 125) and IIT Madras (180th - breaks into the top 200 for the first time).

    IIT Delhi, IIT Madras Shine in QS World University Rankings 2026

    West Bengal's Higher Education Department launches 'Bina,' an AI chatbot, on its centralized admission portal today for college admissions. Bina will answer student queries for 7229 courses across 460 colleges and 17 universities, alongside a helpline and email support, allowing fee-free applications for up to 25 courses.

    West Bengal College Admission Portal Deploys AI Chatbot ‘Bina’

    IIT Kharagpur's IEEE Computer Society Student Branch Chapter and IEEE Kharagpur Section launched a free online Summer Internship Programme 2025. Open to UG/PG students nationwide, it offers 2-3 months of mentorship and project experience in AI/ML, Cloud-Edge Computing, Generative AI, and more. Application deadline: 21 June.

    IIT Kharagpur Launches AI-Focused Online Summer Internship 2025 for Tech Students Nationwide

    Amid Operation Sindoor, India faced a surge in cyberattacks targeting power grids, defence PSUs, and educational institutions. With 8,487 weekly attacks on education alone, the nation battles escalating threats from global hacktivists.

    Cyberattacks Surge Amid Operation Sindoor, Check Point Finds Education Sector Emerges as Key Target

    Kolkata's Asutosh College introduces 25 new skill-oriented certificate courses this academic year, designed for industry relevance.

    Kolkata’s Asutosh College Launches 25 Skill-Oriented Certificate Courses to Cater to Industry

    Madhya Pradesh mandates digital attendance for all government school teachers via the 'Humare Shikshak' platform from 1 July.

    Tech Tools Reduce Human Bias in UP Police Constable Recruitment

    Simplilearn & SP Jain School Join Hands to Introduce Digital Supply Chain Management Certification

    Simplilearn & SP Jain School Join Hands to Introduce Digital Supply Chain Management Certification

    Germany Offers Stability and Affordable Education; An Ideal Study Destination for Indians Amid Global Uncertainty, Says German Ambassador

    Germany Offers Stability and Affordable Education; An Ideal Study Destination for Indians Amid Global Uncertainty, Says German Ambassador

    Madhya Pradesh mandates digital attendance for all government school teachers via the 'Humare Shikshak' platform from 1 July.

    AICTE Plans AI Integration Across Technical Courses by Next Academic Year

    Dr. Ravikumar M Chitnis, VC of MIT World Peace University, discusses the impact of internationalisation, digital innovations and the unique RIDE credit program designed to foster a strong startup culture.

    ‘Our Curriculum has a Credit Program on Research, Innovation, Design and Entrepreneurship (RIDE) to Boost Startup Culture’: Dr. Ravikumar M Chitnis, Vice Chancellor, MIT World Peace University

    Andhra Pradesh, Nvidia partner to build AI university, train 10,000 students, and back 500 startups

    Andhra Pradesh, Nvidia Partner to Build AI University, Train 10,000 Students and Back 500 Startups

    Infosys Chairman Nandan Nilekani has pledged a new multi-year grant to AI4Bharat, an IIT Madras initiative developing open-source AI models for Indian languages, further strengthening India's digital inclusivity efforts.

    Nandan Nilekani Extends Support to IIT Madras’ AI4Bharat for Advancing Indian Language AI Infrastructure

    Nagaland University has signed an MoU with RIS, an MEA think tank, to establish the University Connect Hub, fostering global research, knowledge sharing and capacity building.

    Nagaland University Signs MoU with MEA Think Tank RIS for Global Research

    Nagaland has laid the foundation stone for nine new Lighthouse School Complexes (LSCs) under the World Bank-funded NECTAR project, bringing the total to 16 LSCs across all districts.

    Nagaland Launches Nine Lighthouse School Complexes Under NECTAR Project

    West Bengal's Education Department is launching a centralised online admission portal within a week for undergraduate courses across 16 universities and 461 colleges.

    West Bengal to Launch Centralised Admission Portal for UG Courses Next Week

  • BFSI
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    SEBI has approved new delisting norms for PSUs with over 90% government/PSU shareholding, introducing a fixed-price exit route and easing procedural hurdles.

    SEBI Eases Delisting Process for Select PSUs with Over 90% Government Stake

    TRAI Begins Pilot Project to Digitally Track Consent for Commercial Calls, Targets Banks First

    TRAI Begins Pilot Project to Digitally Track Consent for Commercial Calls, Targets Banks First

    Paisabazaar has launched "Loan Against Car" in partnership with HDFC Bank and Tata Capital, allowing users to borrow up to 200% of their vehicle's market value digitally.

    Paisabazaar Launches Loan Against Car Product in Tie-Up with HDFC Bank, Tata Capital

    NPCI has reduced UPI transaction processing time to 15 seconds and status update time for failed/pending transactions to 10 seconds

    NPCI Cuts UPI Processing Time to 15 Seconds, Introduces New Rules for Failed Transactions

    The RBI is intensifying scrutiny on India's microfinance sector due to concerns over high interest rates, borrower over-indebtedness, and harsh recovery practices.

    RBI Flags Concerns Over Microfinance Sector’s High Interest Rates, Coercive Recovery Methods

    Paytm Enables Custom UPI IDs, Moves to Address User Privacy Concerns

    Paytm Enables Custom UPI IDs, Moves to Address User Privacy Concerns

    Sat Pal Bhanoo has been appointed the MD & CEO of LIC by the central government, taking over from Siddhartha Mohanty.

    Sat Pal Bhanoo to Lead LIC with Additional Role of MD and CEO

    Infosys Unveils GIFT City Centre for BFSI Digital Services

    Infosys Unveils GIFT City Centre for BFSI Digital Services

    TransUnion CIBIL and Sa-Dhan Partner to Launch Credit Awareness Initiative for Microfinance Sector

    TransUnion CIBIL and Sa-Dhan Partner to Launch Credit Awareness Initiative for Microfinance Sector

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    Ministry of Heavy Industries and DAE are launching a Rs 1,000 crore scheme to boost domestic rare earth magnet manufacturing, targeting 1,500 tonnes annually to cut imports for EVs, electronics and defence.

    Govt Plans Rs 1,000 Cr Scheme to Curb Import Dependence for Rare Earth Magnets

    Union Minister Dr Jitendra Singh highlights how PM Narendra Modi's 11-year leadership has transformed India into a global science and technology frontrunner.

    India Emerges as Global Science Powerhouse Under PM Modi’s Tech-Driven Governance: Dr Jitendra Singh

    Madhya Pradesh mandates digital attendance for all government school teachers via the 'Humare Shikshak' platform from 1 July.

    Madhya Pradesh Makes E-Attendance Mandatory for Govt School Teachers from 1 July

    Gujarat has launched the Electronics Component Manufacturing Policy 2025 (GECMS-2025) to attract investments and reduce import dependency. It offers dual incentives (Centre and State), including up to Rs 12.5 crore for Centres of Excellence.

    Gujarat Announces New Policy to Boost Electronics Component Manufacturing, Offers Research Grants and Dual Incentives

    eScan XDR has launched a new phishing simulation tool to equip organizations against increasingly personalized and AI-driven phishing threats.

    eScan XDR Develops New Phishing Simulator as AI Tools Boost Attack Sophistication

    IIIT Hyderabad's Smart City Research Centre and KIET have partnered via an MoU to establish a Smart City Living Lab on the KIET campus, extending its reach to Kakinada Smart City.

    IIIT Hyderabad, KIET Ink MoU for Smart City Living Lab, Kakinada Testbed

    Dixon Technologies is the third company to secure 22.5 acres in YEIDA's Electronics Manufacturing Cluster (EMC) in Sector 10 near the Noida International Airport.

    Dixon Technologies Joins YEIDA’s Sector 10 Electronics Cluster Near Noida Airport

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Home Startups Funding

Biofuel marketplace Buyofuel raises over Rs 1.6 crore in Seed Round led by Inflection Point Ventures

By: APAC News Network

Buyofuel is India’s 1st online marketplace for all types of biofuels and wastes; IPV announces Buyofuel as its 38th deal for 2021; likely to invest Rs. 155 crore this year across 60 plus startups; IPV has so far invested Rs. 292 Cr across 100 deals

by APAC News Network
November 11, 2021
in Funding
Reading Time: 3 mins read
Biofuel marketplace Buyofuel raises over Rs 1.6 crore in Seed Round led by Inflection Point Ventures

New Delhi: The online marketplace for biofuels and wastes, Buyofuel has raised over Rs 1.6 crore in a Seed Round led by Inflection Point Ventures, one of India’s largest growing angel investment platforms. The funds raised will be utilised in expediting the marketing activities, working more on technology and signing new partnerships for business development.

Buyofuel currently has close to 500 verified registered users, with a supply capacity of more than 800 KL of biodiesel, 800 MT of solid biofuels and 1000 MT of organic waste on a per day basis. Many large reputed companies like Ramco Cements, Ultratech cements, Valeo and Thermax are registered users of Buyofuel. The startup is already replacing close to 500 MT of fossil fuels with biofuels on a monthly basis.

Ankur Mittal, Co-Founder, Inflection Point Ventures says, “Clean energy alternatives are the need of the hour. For India to become a trillion dollar economy, we are required to reduce dependency on fossil fuels and they also harm the environment. The Govt’s clear stand on clean energy has given this segment a big boost. At IPV, we have invested in a number of clean-energy startups and are witnessing their performance matrix show impressive numbers. Buyofuel is another step in that direction. We want to support sustainable, profit making startups and if they can make our planet better, then we are incentivised to support them even more.”

Buyofuel was selected as ‘Top 10 Startups of Tamil Nadu’ by Startup TN, Tamil Nadu Government. It has also been chosen as the ‘Top 10 startups’ in Headstart Kickstart 2021. Incubated in AIC Raise, India’s 1st dedicated UN SDG goals incubator, Buyofuel was also awarded by Misfits as ‘Top 30 Social Innovation Startups’ in South Asia.

The startup has the largest supply base of quality assured-biofuels and fuel consumers, offering economic prices for wastes and biofuels. Registering with the platform is a seamless experience as all the customers who visit the platform are 100% verified. The team at Buyofuel ensures 100% transparency with the customers, updating them with real time progress throughout the order execution. The consignment is tracked from loading point to unloading point with utmost diligence.

Kishan Karunakaran, CEO, Buyofuel says, “Buyofuel looks to become India’s single largest supply source of wastes for biofuel manufacturers and the single largest source of biofuels for fuel consumers over the next 12 months. It’s a great pleasure to receive IPV’s support to fulfil our aim. They bring so much more than funds to the table. IPV’s wide network across sectors offers us significant opportunities for market connections and partnerships that can help us scale up rapidly, further their solid team with significant expertise in key functions like finance compliments the strengths of our founding team very well.”

Buyofuel functions in the large energy & fuels market of India. India is currently the 3rd largest consumer of energy in the world, importing more than 80% of its fuel requirements while generating more than 350mn MT of organic wastes within India. Buyofuel looks to make India energy secure and meet its emission goals by substituting fossil fuel consumption with biofuels manufactured within India, from wastes generated within India.

Tags: BuyofuelIPV
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