From near-zero levels just a year and half ago, India is now well on its way to having 100 semiconductor design startups by 2024. Currently as many as 27-30 design and semiconductor start-ups are "doing very good work", he said
The visit is significant for SoftBank, which has been facing losses from its Vision Fund, and comes on the back of a series of stake offloads across listed firms
MapmyIndia and Indrones to jointly offer drones and drone-based solutions across all use cases including surveying, mapping, inspections and real-time monitoring
The fundraise marks the largest ever Series A round in the drone sector led by SphitiCap while also receiving participation from a global investment fund and several HNI angels
Earlier, Garuda Aerospace deployed drones for rescue and relief operations to the Chamoli glacier burst at Uttarakhand and supported the locust control operation in Rajasthan
The Minister for Information and Broadcasting, and Youth Affairs and Sports was speaking at the valedictory function of the 36th Inter-University North Zone Youth Festival (Antarnaad)
