No imminent change to foreign investment strategy in space: In-Space’s Pawan Goenka

[ad_1] Mumbai: The Centre does not intend to alter its foreign direct investment (FDI) strategy in the space sector, said Pawan Goenka, chairman of the Department of Space-affiliated regulatory body for the space industry, Indian National Space Promotion and Authorization Centre (In-Space), on Monday. Based on the Union government’s amended space FDI policy from February…

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Why India’s global startup playbook, built for SaaS and scale, is ill-suited for deeptech

[ad_1] The backlash against Goyal’s remarks was swift and predictable. Startup founders, enablers and watchers joined camps either defending or criticising the progress of India’s entrepreneurial ambition and effort. But beyond the discourse on the internet, Goyal’s remarks pointed to an uncomfortable truth: builders in India have long struggled to turn foundational science into scalable…

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How AI is transforming the role of venture capital for startups

[ad_1] At one end, a few elite engineers with exceptional architectural and business-function skills will command fat pay-cheques to troubleshoot code generated by artificial intelligence (AI). On the other, leaner teams of low-level engineers who generate code using AI assistants will replace the vast teams once required to execute large-scale software projects. Also Read: The…

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