Indian technology news
December 2024 summary
India’s technology news in December: Semiconductor manufacturing industry growth in India; India’s ground-to-satellite quantum communications in the Himalayas; India moves to raise its national compute capacity; a first test of an Indian hyperloop track is completed successfully; and many more.
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Inc42 DataLabs: 2024 Indian Tech Startup Report
- India: A brief intro to Nunam, a startup supported by Audi Environmental Foundation working on renewable energy storage systems based on upcycled, waste lithium-ion batteries / full item
- India Accelerator has launched Cohort’25 with up to $10M in funding commitments, looking to accelerate 30-35 startups across emerging tech sectors / full item
- India: Mindgrove Technologies fabless semiconductor design firm raised $8M Series A, targeting sales of its first chip and following Secure IoT system-on-chip launch / full item
“India’s chip market is projected to grow 17% annually and reach approximately $80BN by 2028… lagging behind Taiwan, China and South Korea, but remarkable considering India’s starting point.” / full item
- India’s Micromax mobile phone firm partners Taiwan’s Phison chips maker to develop high-end storage products for enterprise, automotives, and AI models / full item
- India: Government’s Centre for Development of Telematics partners Trois Infotech for ‘Face Recognition Using Drone’ technology / full item
- Indian troops find Starlink-like satellite internet device alongside weaponry in Manipur, likely used to circumvent conventional ‘net restrictions with satellite communications / full item
- A brief overview of the Indian Astronomical Observatory in Hanle, in the Himalayas, identified as the nation’s most suitable location for ground-to-sat quantum communications / full item
Accenture: AI – A Declaration of Autonomy
- India inks $2M agreement with Int’l Solar Alliance to establish solar projects in Comoros, Fiji, Madagascar, and Seychelles / full item
- India: Netrasemi semiconductor firm secured $1.8M pre-A with machine learning-focused system-on-chip designs, targeting enabling edge-AI computing / full item
- India: What is the ONDC, India’s Open Network for Digital Commerce, and what does it aim to deliver? / full item
- India: A brief look at the nation’s moves to boost national compute capacity, in response to the need to be a producer and provider of technology, rather than just a consumer / full item
- A quick overview of the Digital India initiative, boosting digital, physical and electric infrastructure in order to develop the country’s e-commerce opportunities / full item
- India: 4 key observations on the country’s entrepreneurship and startup ecosystems, from the World Economic Forum / full item
- India: An overview of the Shakti semiconductor fabrication plant, a joint initiative between India’s Bharat Semi, 3rdiTech, and the US Space Force / full item
- India: Medial secures $500K pre-A with professional networking platform with features including Startup Showcase, and claiming over 10K daily active users / full item
Deloitte Insights: Tech Trends 2025
- India: Hyperloop test track of 410 meters has been completed in Chennai, with final speeds potentially up to 1100kph, about 683mph / full item
- India: Gov’t of Andhra Pradesh inks MOU with Google Cloud to boost AI adoption, innovation, skills development, and the AP startup ecosystem / full item
- Space Machines Co, an Australia-India in-space servicing firm, inks agreement with UK’s Lúnasa for space debris imaging systems, and satellite orbit and manoeuvring / full item
“Indian police will seek details from… Starlink… to hunt down drug smugglers who used its satellite internet device to navigate deep seas and bring meth worth $4.25BN into Indian waters…” / full item
- ADB and Mastercard Impact Fund ink MOU to provide financing for women-led or -owned MSMEs in India, Indonesia, Malaysia, the Philippines, Thailand and Vietnam / full item
- India: Telecoms regulator rolls out new rules to protect critical infrastructure networks; obligation to provide user data to authorities raises significant concerns, however / full item
- Thailand: India’s Wipro, Thailand’s SIAM AI, and NVIDIA partner for ‘Sukjai’, AI-driven digital assistant enhancing domestic and international tourist experiences / full item
Reuters Institute Digital News Report 2024
Critical technologies monthly
- Taiwan is in talks with Amazon around use of Project Kuiper satellite system for emergency communications; and potentially other providers as additional redundancy…
- New Zealand’s Zenno Astronautics gains backing from Mitsubishi Electric ME Innovation Fund with superconducting tech for space and satellite control applications…
- LambdaTest raised $38M with cloud-based platform that lets companies test their applications across more than 5000 browser and operating system combinations…
Full report: Critical tech in December >
Critical technologies in the news, globally, in December 2024
Asia’s Tech News, Weekly in December
● From December 15th 2024 to January 4th 2025
on LinkedIn and via Substack
● To December 14th on LinkedIn and via Substack
● To December 7th on LinkedIn and via Substack
