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  • India’s tech ecosystem thrives with 13 new IPOs, 29 profitable unicorns

    India’s tech ecosystem thrives with 13 new IPOs, 29 profitable unicorns

    India’s start-up ecosystem has solidified its position as a global powerhouse in 2024, with the country leading the global IPO (initial public offer) market by hosting 327 IPOs, including 13 from the tech sector, pointed out an Orios Venture Partners report.

    The ‘India Tech Unicorns & Exits Report 2024’ report shared that Swiggy’s $1.34 billion IPO became the largest global tech IPO of the year. Zomato’s inclusion in the Sensex marked a historic first for a tech company in the index. India now ranks as the third-largest nation for venture capital-backed tech IPOs globally. This has propelled India’s listed tech companies to a combined market capitalisation nearing $150 billion.

    The report highlights that one-fifth of Indian unicorns are headquartered overseas in countries like the US, Singapore and Dubai, underscoring Indian start-ups’ intentions to tap into international markets and attract global investors.

    2024 for e-comm
    In 2024, India added seven new unicorns, bringing the total valuation of Indian unicorns to an extraordinary $385 billion. The country’s tech ecosystem also showcased maturity, with 29 unicorns reporting profitability. 80 per cent of unicorn founders have engineering backgrounds, including 140 IIT graduates.

    2024 also saw $11.4 billion raised across 1,547 deals. Late-stage funding dominated, accounting for 62 per cent of the total investment. The e-commerce sector led in both funding and unicorn creation.

    Bengaluru hosted the highest number of funding rounds, contributing to six of the seven newly-minted unicorns.

    Rehan Yar Khan, Managing Partner at Orios Venture Partners, said, “India’s tech ecosystem has matured into a global force, creating value not just at home but around the globe. In 2024, our start-ups demonstrated their ability to innovate, scale, and compete globally.” The Hindu BusinessLine

  • Telcos, centre prepare for record tele-density at Maha Kumbh Mela

    Telcos, centre prepare for record tele-density at Maha Kumbh Mela

    The last time pilgrims thronged the Maha Kumbh Mela in 2013, 4G had been deployed by Indian telecom operators for just about a year and was far from being universally available. The 2025 Kumbh in Prayagraj comes at a drastically different time, with 5G connectivity expanded to practically every district in India, building up to what will likely be an event with the most tele-density in human history.

    The Maha Kumbh is consistently ranked as the largest religious gathering in the world, and this year will be no exception, with the Uttar Pradesh government saying it is preparing for 40 crore devotees over a 44-day period, averaging out to almost 1 crore devotees per day, though some days like Makar Sankranti will likely see a spike that is multiples of that number.

    While the State government is accustomed to most arrangements that such a large gathering requires, this year the Union government and telecom operators are facing a unique challenge — millions of people gathered at a single spot, with sometimes over half a dozen people in a single square metre area, and many trying to use the Internet during the pilgrimage.

    The last time pilgrims thronged the Maha Kumbh Mela in 2013, 4G had been deployed by Indian telecom operators for just about a year and was far from being universally available. The 2025 Kumbh in Prayagraj comes at a drastically different time, with 5G connectivity expanded to practically every district in India, building up to what will likely be an event with the most tele-density in human history.

    The Maha Kumbh is consistently ranked as the largest religious gathering in the world, and this year will be no exception, with the Uttar Pradesh government saying it is preparing for 40 crore devotees over a 44-day period, averaging out to almost 1 crore devotees per day, though some days like Makar Sankranti will likely see a spike that is multiples of that number.

    While the State government is accustomed to most arrangements that such a large gathering requires, this year the Union government and telecom operators are facing a unique challenge — millions of people gathered at a single spot, with sometimes over half a dozen people in a single square metre area, and many trying to use the Internet during the pilgrimage.

    Telcos “have been instructed to deploy advanced technology and optimise networks to support the massive influx of people expected to attend the world’s largest religious gathering”, the Department of Telecommunications (DoT) said in a statement.

    “We have to design the system for the peak capacity,” Union Minister for Electronics and Information Technology Ashwini Vaishnaw told The Hindu in an interview on Wednesday.

    “We did this during Ram Janmabhoomi,” Vaishnaw said, referring to the consecration of the Ram Mandir in Ayodhya last January. There was also the experience of preparing for the G-20 Summit, he said, adding that the Mela was, however, “a much bigger challenge”.

    “Over a hundred kilometres of extra optical fibre has been laid,” Vaishnaw said, adding that “each tower will have higher configuration of radios”, ensuring that the maximum capacity of data that can be served in a given area is saturated.

    “To cater to the massive demand, 78 cells on wheels (transportable towers) and 150 outdoor small cell solutions are being deployed, ensuring smooth communication in crowded zones,” the DoT said in a note.

    No telecom service has ever been tested for the density levels expected in the Mela and the laws of physics and the reality of electromagnetic spectrum may mean that even if 5G coverage is widely available, networks may be too congested for pilgrims to have a smooth data experience all of time.

    While everyone in a particular spot may not be able to do video calls at the same time for this reason, telecom operators have set up “disaster management centres” in order to facilitate emergency communications, in close coordination with local authorities.

    “This will become a template for the world,” Vaishnaw said. The Hindu

  • Telangana must leverage strengths in global semiconductor supply chain

    Telangana must leverage strengths in global semiconductor supply chain

    With global semi-conductor supply chain complex interconnected at many levels, Telangana must leverage its unique strengths to integrate seamlessly into it, well-known author and professor at the Fletcher School, Tufts University, Chris Miller said.

    The State has potential to become a part of the global chain, he said.

    Miller’s latest book “Chip War: The Fight for the World’s Most Critical Technology” is a New York Times bestseller and a winner of the Financial Times Business Book of the Year Award.

    The semi-conductor industry is both capital and labour-intensive. Electronics Manufacturing Services (EMS) is key to developing a resilient semi-conductor ecosystem, he said at an event “Making India a Semi-Conductor Product Nation” organised at T-Hub by the IT Department in association with the VLSI Society of India.

    Industry leaders, startup ecosystem stakeholders, academia and senior government officials participated in the programme, the organisers said in a release on Thursday.

    The IT Department is committed to creating an enabling environment for the semi-conductor industry through initiatives that promote policy support, infrastructure development, and public-private partnerships. VLSI Society of India president Satya Gupta, Venkata Simhadri from ASIP Technologies, Subhash Chintamaneni from Micron, Siva Vanjari from IIT Hyderabad and Col. Anurag Awasthi, senior consultant to the IT Department, spoke.

    Discussions at the programme were focused on critical issues, including strategic implications of geographic positioning in the semi-conductor supply chain and the merits of adopting a top-down approach in ecosystem development, the organisers said.

    The discussion was a testament to Telangana’s commitment to fostering innovation, collaboration and investment in the semiconductor space, said S.K. Sharma, Director of Electronics, Semiconductors and Energy Storage Systems, Telangana government. The Hindu

  • India’s 5G rollout soars, but cybersecurity investment remains minimal

    India’s 5G rollout soars, but cybersecurity investment remains minimal

    Despite having one of the world’s fastest 5G rollouts, with 4.74 million base stations deployed since October 2022, corporate investment in cybersecurity remains “minimal”, said M U Nair, National Cyber Security Coordinator (NCSC) on Thursday.

    Enhancing cybersecurity
    Urging industry leaders to step up investment in cybersecurity, Nair called for a fundamental shift in corporate governance, urging major industries to include cybersecurity professionals on their boards and include comprehensive security disclosures in their annual reports.

    Speaking at CyberComm 2025, organised by FICCI, he also said that the government was working on trusted source product rules for equipment used in the power sector, after implementing it for telecom networks.

    “I am sure you would have seen that the US is having a lot of problems with telecom networks. Since 2021, our telecom networks are fairly protected from cyber security vulnerabilities because they have addressed this issue of supply chain. Now should it be replicated in other Ministries? This is something which the government is working on with Ministry of Power because our energy grids need to be protected,” Nair said.

    The NCSC outlined a vision for industry-led collaborative centres that would continuously monitor multiple systems and layers within India’s complex digital ecosystem. The proposed framework would establish cybersecurity as a service, with industry bodies taking shared responsibility for protecting sector-specific infrastructure.

    “What we need is a commercial model where sectoral centres of excellence can protect key industries through continuous monitoring and risk assessment,” he said.

    Nair informed that the government has moved to address these concerns through new policy frameworks, including the clarification of ministerial responsibilities for cybersecurity in September 2024, and the implementation of a National Security Directive restricting telecom infrastructure to trusted sources. Similar conditions of trusted sources in supply chain are being considered for other sectors like power sector.

    The government is also looking at measures to address the critical shortage of cybersecurity professionals, which include “cyber security capsules given to them as part of their curriculum”, and establishing specialised BTech and MTech degrees on cyber security, Nair added.

    According to Suprakash Chaudhuri, Country Head – Digital Industries, Siemens, and Co-Chair, Ficci Technology Committee, there is a substantial market opportunity in India’s cybersecurity sector, projecting a growth from $5.56 billion in 2025 to $12.9 billion by 2030 at a CAGR of 18.33 per cent. The Hindu BusinessLine

  • One Health Assist eyes ₹100cr revenue in first year of operations

    One Health Assist eyes ₹100cr revenue in first year of operations

    One Health Assist has announced ambitious expansion milestones alongside a landmark revenue projection of ₹100 crore in its first year of operations. Focused on disrupting healthcare through its innovative online platform and offline ecosystem, One Health Assist has seamlessly integrated various wellness services, Health Locker, cutting-edge technology, personalized and preventive care facilities, and an extensive physical network, aiming to transform healthcare accessibility in India.

    The company is redefining healthcare delivery by blending digital innovation with a robust network of 50 new physical stores, offering customers the convenience of online services with the trust of in-person interactions. Leveraging advanced technologies such as AI, AR/VR, and centralized inventory systems, One Health Assist provides a seamless, personalized, and holistic experience for its users.

    These physical stores will be instrumental in achieving the company’s ambitious revenue targets, with a strategic focus on expanding into urban and semi-urban markets. This expansion unlocks new customer segments while driving incremental sales through a carefully crafted omnichannel approach that builds trust and delivers localized offerings tailored to regional preferences.

    Kickstarting in Ahmedabad, this introduction of a franchise model further accelerates the company’s growth, enabling rapid market penetration with minimal capital investment. By collaborating with established franchisers, One Health Assist benefits from faster store launches, shared operational resources, and expanded customer reach in new markets. The company’s commitment to user feedback has led to innovations such as personalized subscription plans, preventive care solutions, and tailored wellness offerings, ensuring it consistently exceeds customer expectations.

    Davinder Bhasin, Founder, One Health Assist said, “At One Health Assist, our mission is to make healthcare more accessible, reliable, and personalized for every individual. By combining cutting-edge technology with an expanding physical presence, we are setting new benchmarks in healthcare delivery. Achieving a revenue target of ₹100 crore in our first year reflects not only the trust our customers place in us but also the scalability and impact of our model. This growth is a testament to our commitment to innovation, customer-centricity, and creating a seamless ecosystem that caters to the evolving needs of modern healthcare consumers.”

    The opening of new offices in Hyderabad and Delhi reflects the company’s strategic intent to strengthen its operational capabilities and enhance market access. Hyderabad, with its rich pool of tech talent and cost-efficient operations, and Delhi, with its proximity to corporate hubs and government stakeholders, offer distinct advantages in driving the company’s growth.

    On the technology front, One Health Assist continues to revolutionize the health-tech space with AI-driven insights, unified inventory systems, and AR/VR tools that enhance customer engagement. By connecting its digital platform with physical stores, the company enables real-time inventory updates, online-to-offline synergy, and personalized preventive care solutions. Features like click-and-collect, teleconsultations, and tailored wellness subscriptions further establish an integrated ecosystem designed to meet the evolving needs of India’s digital-first consumers.

    Looking ahead, One Health Assist plans to expand its physical and digital footprint, integrate wearables and IoT for real-time health monitoring, and explore blockchain technology for secure data management. This vision positions the company to lead the transformation of healthcare delivery, setting a benchmark for innovation, accessibility, and customer-centric care in India. Passionate In Marketing

  • TiE Hyderabad to ink MoU with AIG Hospitals, support healthcare startups

    TiE Hyderabad to ink MoU with AIG Hospitals, support healthcare startups

    TiE Hyderabad is in discussions with AIG Hospitals to formalize their collaboration through a Memorandum of Understanding (MoU).

    This partnership aims to provide a robust platform for healthcare startups to scale and thrive through mentorship, funding, and strategic support, state TiE said in a release here on Thursday.
    AIG Hospitals hosted the “AI in Healthcare” Conference at its premises, showcasing innovation and advancements in the healthcare domain.

    As part of their AI Accelerator Program, AIG Hospitals evaluated over 50 startups and shortlisted 6 promising startups who had pitched at the event.

    In a significant move to support healthcare innovation, TiE Hyderabad has selected one of these startups named Turocrates AI to mentor and nurture through its network of charter members.

    TiE Hyderabad will also explore investing in the chosen startup will also receive via the TiE Angel Network, reinforcing TiE Hyderabad’s commitment to fostering entrepreneurial growth. United News of India

  • Centre issues new CGHS guidelines for hospitals to prevent fraud

    Centre issues new CGHS guidelines for hospitals to prevent fraud

    The Ministry of Health and Family Welfare has issued new guidelines to address complaints of overcharging and denial of services to Central Government Health Scheme (CGHS) beneficiaries. The directives aim to ensure fair, affordable, and transparent healthcare for all eligible beneficiaries.

    Key highlights of the guidelines
    Mandatory treatment
    CGHS-empanelled hospitals cannot refuse treatment to eligible beneficiaries.

    The ministry emphasised that services must be provided without discrimination.

    Transparency in costs and services
    Hospitals must prominently display:

    • CGHS-approved rates for services.
    • Availability of beds in wards and ICUs.
    • Beneficiaries’ entitled ward categories. Allocating a lower category is strictly prohibited.
    • Details such as the CGHS city the hospital is empanelled under, credit eligibility, and Nodal Officer contact information.

    Hospitals must report:

    • Non-referral cases, emergency admissions, and consultations within 24 hours to the respective CGHS Additional Director’s office via email.
    • Details of direct visits and admissions for beneficiaries aged 70 and above, including inpatient card information.
    • Unreported cases will not be processed for approval.

    Accountability in critical cases
    In cases of patient death or coma, hospitals must obtain the signatures and contact details of the beneficiaries’ attendants on the final bills for all services, including daycare and laboratory procedures.

    Standardised prescriptions
    Prescriptions must use generic names and be written in capital letters.

    Hospitals are not allowed to insist on specific brands, ensuring affordability for beneficiaries.

    Pre-approval for costly procedures
    Hospitals must obtain prior approval for expensive procedures, preventing unnecessary or overpriced treatments.

    Penalties for non-compliance
    Hospitals failing to adhere to these guidelines may face penalties, including removal from the CGHS network. CNBCTV18

  • HMPV: Delhi hospitals mandated to follow isolation protocols

    HMPV: Delhi hospitals mandated to follow isolation protocols

    Delhi health authorities have issued an advisory to prepare for potential health challenges linked to Human Metapneumovirus (HMPV) and other respiratory viruses amid growing cases in China. Former Chief Minister Arvind Kejriwal on Monday said the fresh health scare called for “immediate attention from the Centre”.

    On Sunday, top Delhi health official Vandana Bagga held a meeting with chief district medical officers and the state programme officer of the Integrated Disease Surveillance Programme (IDSP) to discuss readiness to manage respiratory illnesses.

    Hospitals have been mandated to follow strict isolation protocols for suspected cases. The medical officer also directed hospitals and health acilities to maintain detailed records of Severe Acute Respiratory Infection (SARI) and lab-confirmed influenza cases to ensure accurate monitoring.

    They were advised to stock up on medicines like paracetamol, antihistamines, bronchodilators, and cough syrups, along with oxygen for treating mild cases.

    The advisory follows reports of a rise in respiratory illnesses in China. However, updates from the IDSP, National Centre for Disease Control (NCDC), and the World Health Organization (WHO) indicate no significant surge in respiratory illnesses in India as of January 2, 2025, officials said.

    In a tweet today, Aam Aadmi Party chief Kejriwal also said that it was crucial to contain such cases at an early stage “drawing from our experience” of the Covid-19 pandemic.

    “The outbreak of the HMPV virus calls for immediate attention from the Centre. Drawing from our experience with Covid, it’s crucial to contain such cases early and be prepared to tackle what could potentially become another health emergency,” he added.

    Meanwhile, the advisory from the Delhi government came days after the Union Health Ministry said that there was no need to be alarmed and asked citizens to take regular precautions, like in the case of respiratory diseases.

    What is HMPV?
    The virus primarily targets the respiratory system, causing mild to severe infections. The transmission of the disease occurs through respiratory droplets and contact with contaminated surfaces.

    Even though they belong to different viral families, many have likened HMPV to Covid-19 virus as their symptoms are strikingly similar when it comes to its transmission and symptoms as well.

    Like Covid, HMPV also targets the respiratory system. Like Covid, HMPV also affects immunocompromised individuals, children and adults.

    HMPV typically causes symptoms resembling a common cold, such as cough, wheezing, runny nose, or sore throat.

    However, in young children, the elderly, and people with weakened immune systems, the virus can lead to severe respiratory complications, requiring prompt medical attention. India Today

  • Consumer panel, Ludhiana slaps ₹85,000 fine on Jain Multispeciality Hospital

    Consumer panel, Ludhiana slaps ₹85,000 fine on Jain Multispeciality Hospital

    The District Consumer Disputes Redressal Commission, Ludhiana, has imposed ₹85,000 as penalty on Jain Multispeciality Hospital in Khanna for “overcharging” and providing “inadequate” treatment to a patient.

    Complainant Surjit Singh, 61, a resident of Mandi Gobindgarh, had stated that he was admitted to Jain Multispecialty Hospital on September 1, 2020, for treatment of uncontrolled blood sugar, pneumonitis and sepsis. He noted that despite undergoing treatment for 14 days, his condition worsened, prompting his transfer to another hospital in Zirakpur, where he was treated from September 14 to 17, 2020.

    Singh complained that Jain Multispecialty Hospital charged him an “inflated” amount of ₹3,12,450 for treatment. He also pointed out an additional charge of ₹35,000, listed as extra charges, which he argued was unreasonable.

    He contended that the treatment at Jain Multispecialty Hospital was inadequate, which forced him to spend ₹1,64,401 more at another hospital. This prompted him to seek a refund of the hospital charges, as well as compensation for the physical pain and mental agony he endured.

    In its defence, the hospital denied any wrongdoing, stating that Singh received appropriate care during his stay. The hospital further explained that the ₹35,000 charge covered Covid-19-related safety equipment and additional services, deemed necessary at the time due to the pandemic.

    After reviewing the case, the commission, led by Sanjeev Batra and member Monika Bhagat, concluded that ₹35,000 extra charge was unjustified. There was no evidence to suggest that Singh required Covid-specific treatment or tests. Additionally, despite high charges for room, medicine and professional services, the commission found that the extra charges lacked transparency and could not be justified by the hospital.

    As a result, the commission invoked Section 35 of the Consumer Protection Act, ordering Jain Multispecialty Hospital to refund ₹35,000 extra charges to Singh, along with 8% annual interest from the date of payment. The hospital was also directed to pay ₹50,000 in compensation for the inconvenience caused. The hospital has been given 30 days to comply with the order. Hindustan Times

  • AP govt signs MoU with Infosys for skill census validation

    AP govt signs MoU with Infosys for skill census validation

    The Andhra Pradesh government has signed a Memorandum of Understanding (MoU) with Infosys for pre-validating the skill census being undertaken.

    As part of the MoU, the IT major will support the government in recording the skill sets of the participants with the aid of generative Artificial Intelligence (AI).

    Speaking on the MoU, AP Minister for IT Nara Lokesh said Infosys has undertaken pre-validation as part of its Corporate Social Responsibility (CSR) initiatives.

    The skill census will help achieve the target of providing 20 lakh jobs for the youth in the State by assessing their existing skills and aligning them with market demand, Lokesh said.

    The first-ever skill census in the country was launched by the State government in October last year, aiming to identify the skills of young people and enhance their training and employment prospects. The Hindu BusinessLine