Italy is aiming to become one of the largest microelectronics producers in Europe Adolfo Urso

The Italian government is planning to invest around €10 billion in the semiconductor industry throughout the year app.startupeuropeindia.net/discussions/241

#Italy #microelectronics #semiconductor #eu

Meta's AI investment hasn't found the Product Market Fit yet. This is despite its cool launches with the first designed chip for running AI models and the latest version of its generative AI model, Llama 3
newnex.io/discussions/480

#ai #artificialintelligence Meta #llama3

A startup might be sold for $2billion, yet its possible the founder walks away with zero money of the proceeds. How's that possible? Liquidation preference.

Read on to understand the nuances newnex.io/blogs/venture-…
#liquidationpreference #venturecapital #startups

Lyskraft Raises $26 Million in Seed Funding Led by Former Zomato and Myntra Leaders
app.startupeuropeindia.net/discussions/240
#investments #funding #Lyskraft Peak XV Partners @Sofina DST Global Prosus Ventures MakeMyTrip Groww Skyroot Aerospace AJIO.com TataCLiQ Myntra

LetsTransport Raises $22M in Series E Funding to Expand Market Presence and Drive Profitability
app.startupeuropeindia.net/discussions/238
#startup #India #supplychain #logistics #transporttech #seriesE #fundraise Lets Transport Bertelsmann India Investments Rebright Partners @NBVentures Stride #CACPartners

Genpact Launches Artificial Intelligence Innovation Centre in Gurugram
app.startupeuropeindia.net/discussions/236
#india #ai #innovationcenter Genpact #PiyushMehta debjani ghosh @NASSCOM #ShubhroPal

Indian IT Titans' European Acquisition Spree: A Boon Amidst Europe's Tech Boom
app.startupeuropeindia.net/discussions/233
#techsector #acquistions Infosys Capco Wipro HCLTech Pareekh Jain EIIRTrend Cognizant Tata Consultancy Services Postbank Deutsche Bank

Indian IT giants acquiring European companies at increased rate. Nearly 40% of Infosys acquisitions in the last 6-years have been in Europe.
app.startupeuropeindia.net/discussions/233
Wipro Everest Group Tech Mahindra IES HCLTech

European VC Investment Surges in Q1 2024, Fueled by Energy Transition
newnex.io/discussions/457
#VentureCapital #investments #startup #energytransition #deeptech #climatetech Sahar Meghani Visionaries Club H2 Green Steel Electra Sunfire #ENVIRA Deep Green Technologies

Ecozen Raises $30M to Expand Climate-Smart Deep Tech Solutions into Africa and Southeast Asia
app.startupeuropeindia.net/discussions/223
#deeptech #climatetech #energystorage #agritech Ecozen Nuveen, a TIAA company InCred DFCgov Scott Nathan

Jio Financial Services and BlackRock to Establish Wealth Management and Brokerage Services in India
app.startupeuropeindia.net/discussions/220
#investments #India #USA #partnership #AssetManager #WealthManagement #DigitalInfrastructure Reliance Industries Limited jfs BlackRock NSE India

Newnex tracked $1.1+ billion fundraisings in the European and Indian VC markets.
app.startupeuropeindia.net/discussions/216
2150 World Fund EnjoyVenture EQT Ventures Robin Capital Notion Capital MIG Capital Matterwave Ventures Creator Fund MMC Sofinnova Partners Octopus Ventures

India's grape growers turn to artificial intelligence
app.startupeuropeindia.net/discussions/213
#artificialintelligence #ai #farmers

Payments platform TransferGo has launched a real-time payments corridor to India, the world’s biggest remittance receiver, using Ripple’s blockchain technology. app.startupeuropeindia.net/discussions/212
TransferGo Daumantas Dvilinskas Praveen Paranjothi

Momentum in economies including the US and India has been picking up in recent months, helping stoke optimism that global growth in 2024 will modestly outpace last year’s reading, according to research for the Financial Times.
app.startupeuropeindia.net/discussions/211

Congratulations on a well-deserved renewal for a second term as Managing Director Kristalina Georgieva ! I look forward to working with you as we help our membership face global challenges.

We are delighted to welcome Shashank Srivastava as a SEINET Berlin Fellow. Shashank helps us strengthen the focus on the Berlin ecosystem and a wider reach out within the water and sustainability clusters app.startupeuropeindia.net/discussions/194

Shashank Srivastava
#water #sustainability #seinet

Sweden India trade looking up

app.startupeuropeindia.net/discussions/193
#Sweden #India

Indian ride-hailing company Ola has suspended its overseas operations, including in the UK, Australia, and New Zealand, six years after expanding to international markets.
app.startupeuropeindia.net/discussions/192
Ola #UK #exit

One of India's applications seeks to explore polymetallic sulphides - chimney-like mounds near hydrothermal vents containing copper, zinc, gold and silver - in the Carlsberg Ridge of the Central Indian Ocean.

app.startupeuropeindia.net/discussions/191
#mining #India nOcean #India