Close this search box.

We are creating some awesome events for you. Kindly bear with us.

India Unveils New AI-Powered Startup Data Hub

Image credits: iitmadras; X
Getting your Trinity Audio player ready...

The Small Industries Development Bank of India (SIDBI) Chairman and Managing Director, Sivasubramanian Ramann, launched an artificial intelligence (AI)-based information portal called ‘The Indian Startup Ecosystem and Investor Platform‘.

He unveiled it at the inaugural session of the International Confluence Conference on Startups and Innovation, which was hosted by the Centre for Research on Startups and Risk Financing (CREST), under the Indian Institute of Technology Madras (IIT-Madras).

Image credits: iitmadras; X

In collaboration with a startup incubated at IIT-Madras, the platform provides extensive data on approximately 196,000 startups, 10,800 angel investors, 4,800 venture capitalists, and 965 incubators. It also features information about 102 government schemes for startups and 560 institutions providing loan funding. According to a press statement, it is the most comprehensive platform available for both startups and investors.

In fact, for the Indian context, this information platform stands as the sole resource capturing the entire range of funding options accessible to early-stage startups. Beyond providing information, the platform also incorporates AI-driven tools like startup valuation and investor connection tools, offering valuable support to entrepreneurs. It showcases profiles of startup companies for investors to explore and identify their areas of interest.

Considerable financial support is offered by the government through various funds, including state government funds that remain relatively unfamiliar to many. It is important to raise awareness across all areas of the country, which the platform aims to do.

Palanivel Thiaga Rajan, the Minister of Information Technology and Digital Services of Tamil Nadu, said, “The notion of an advanced economy is that it should also have a very efficient capital market. If I take the U.S. as an example, there was every kind of risk-return profile in the investment community, and therefore, available to entrepreneurs, businesses, government, and real estate developers. Capital was available to finance risk at varying levels. In the start-up space, there were hundreds of billions of dollars available at the angel investing level and in other stages to finance start-ups at different stages of their journey.”

He said that Tamil Nadu has a commendable track record, attributed in part to the century-long commitment to education and the cultivation of human talent and capital capable of harnessing the opportunities presented by new, disruptive technologies, global market expansions, and industry-transforming changes.

He noted that the state government, in particular, upholds its philosophy of ensuring equitable access and social justice, even within the startup and innovation ecosystem. Targeted funds have been allocated for entrepreneurs from Scheduled Castes and Scheduled Tribes and women, aligning to extend equal educational opportunities to all segments of the community through inclusive training programmes.

The Indian startup ecosystem, having fostered the emergence of 6 decacorns and over 100 unicorns, maintains its position as the third-largest tech startup ecosystem globally, following the U.S. and China. The country can become a superpower by 2047, if there are more employers than employees, the Director of IIT-Madras, V. Kamakoti claimed.

He spoke about the crucial role of higher education institutions in realising this vision, asserting that fostering and supporting startups should be integral to every higher education institution. He highlighted the multifaceted impact of startups, not only in terms of returns and wealth creation but also as key players in solving various societal challenges through innovation. The difference between the start-up ecosystems in India and overseas is the availability of organised data, he explained. This new information portal is a solution to bridge this gap.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.