Latest news with #IndiaAIStartupsGlobalInitiative
NDTV
30-05-2025
- Business
- NDTV
"India's AI Ecosystem On The Cusp For Global Breakthrough": Ashwini Vaishnaw
New Delhi: India's artificial intelligence (AI) ecosystem is now on the cusp of a global breakthrough, Union Minister of Electronics and IT, Ashwini Vaishnaw, has said. Opportunity given by the government will help startups - ranging from image editing, deep-tech, earth observation to conversational AI - to tap into international markets, form global alliances and create scalable impactful solutions, the minister added. In a key stride towards advancing India's AI capabilities globally, the IndiaAI Mission -- under the Ministry of Electronics and Information Technology (MeitY) -- has announced the selection of 10 startups for the 'IndiaAI Startups Global Initiative', an international acceleration programme in partnership with Station F, Paris and HEC Paris. "The Prime Minister Narendra Modi's visit to the AI Action Summit in February 2024 not only signalled high-level political commitment but also demonstrated India's intent to be a shaper of global AI norms and innovation diplomacy," said the Union Minister. "India's AI ecosystem is now on the cusp of a global breakthrough. Through initiatives like this, we are enabling our most promising startups to tap into international markets, form global alliances, and create scalable, impactful solutions. This partnership of IndiaAI Mission with Station F and HEC Paris represents a new chapter in India's innovation diplomacy," Mr Vaishnaw added. According to Abhishek Singh, MeitY Additional Secretary and CEO of IndiaAI Mission, The 'IndiaAI Startups Global Initiative' is more than an acceleration programme. "It is a bridge between India's talent and the world's innovation hubs. These 10 startups exemplify the strength, diversity, and global potential of Indian AI. We are proud to support their next leap as global AI leaders," he said. These 10 startups have been chosen through a rigorous multi-stage selection process and will represent India's dynamic AI innovation ecosystem at Station F - the world's largest startup campus - for a four-month programme designed to support their global scale-up, market access and cross-border collaboration. The programme includes a one-month online preparation module followed by a three-month immersive residency in Paris, France. This initiative forms part of the IndiaAI Mission's broader vision to catalyse India's leadership in responsible, scalable, and inclusive AI.
Time of India
29-05-2025
- Business
- Time of India
IndiaAI selects 10 startups for global acceleration programme
The IndiaAI Mission , under the ministry of electronics and information technology, on Thursday announced that 10 homegrown AI startups have been selected for the IndiaAI Startups Global Initiative , an international acceleration programme in partnership with startup incubator Station F, Paris and business school HEC Paris . The partnership between the IndiaAI Mission, Station F and HEC Paris opens up a new chapter in India's 'innovation diplomacy', said Ashwini Vaishnaw , union minister for electronics and IT. 'India's AI ecosystem is now on the cusp of a global breakthrough. Through initiatives like this, we are enabling our most promising startups to tap into international markets, form global alliances, and create scalable, impactful solutions,' he said. The selected startups are Corover AI, Staqu Technologies, Neuropixel AI, PrivaSapien Technologies, SatSure Analytics, Storyvord, VolarAlta, Smartail, Secure Blink, and Voicing AI. They were chosen through a rigorous multi-stage process to represent India's dynamic innovation ecosystem, the ministry said in a statement. 'The IndiaAI Startups Global Initiative is more than an acceleration program, it is a bridge between India's talent and the world's innovation hubs,' said Meity secretary S Krishnan. 'These 10 startups exemplify the strength, diversity, and global potential of Indian AI. We are proud to support their next leap as global AI leaders.' Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories The startups will undergo a four-month programme designed by HEC Paris to support their global scale-up, market access and cross-border collaboration. This includes a one-month online preparation module followed by a three-month immersive residency in Paris, France. This initiative forms part of the IndiaAI Mission's broader vision to catalyse India's leadership in responsible, scalable, and inclusive AI, the statement said. The programme will provide the startups with access to resources, mentorship, and networking opportunities with leading French and European ecosystem players during their residency.
India Gazette
29-05-2025
- Business
- India Gazette
10 Indian AI startups chosen for prestigious accelerator programme in Paris
New Delhi [India], May 29 (ANI): The Ministry of Electronics and Information Technology (MeitY) on Thursday announced that ten 'cutting-edge' Indian Artificial Intelligence (AI) startups have been selected for the IndiaAI Startups Global Initiative, a prestigious international acceleration program in partnership with Station F, Paris, and HEC Minister of Electronics and Information Technology, Shri Ashwini Vaishnaw, highlighted the significance of this partnership, stating,' India's AI ecosystem is now on the cusp of a global breakthrough. Through initiatives like this, we are enabling our most promising startups to tap into international markets, form global alliances, and create scalable, impactful solutions. This partnership of IndiaAI Mission with Station F and HEC Paris represents a new chapter in India's innovation diplomacy.'Under this partnership, the program will provide the startups with access to resources, mentorship, and networking opportunities within the French and European ecosystems. This initiative aligns with the Indian government's vision of leveraging AI for inclusive 10 startups, spanning sectors from image editing and deep-tech to earth observation and conversational AI, were chosen through a rigorous multi-stage selection process. They will participate in a four-month program at Station F, designed to facilitate their global scale-up, market access, and cross-border collaboration. The program includes a one-month online preparation phase followed by a three-month immersive residency in Paris, IndiaAI Startups Global Initiative features ten innovative AI startups making strides across various sectors, including PrivaSapien Technologies, which builds responsible AI with privacy engineering, and which offers conversational Gen AI. The list also includes Staqu Technologies (Jarvis), which provides AI-powered audio-video analytics, and SatSure Analytics, which delivers decision intelligence using satellite imagery and AI. Storyvord creates automated video content, and VolarAlta monitors industrial emissions with AI. Smartail offers an AI-powered edtech platform, Secure Blink provides AI-driven cybersecurity, enables fast AI-driven image editing, and Voicing AI delivers intelligent voice Secretary S Krishnan echoed this sentiment, emphasising that the initiative serves as a 'bridge between India's talent and the world's innovation hubs.' He lauded the selected startups for their strength, diversity, and global potential. (ANI)
