Author: R Krishnakumar

Space startups in Bengaluru are lauding the Union Budget proposal for a Rs 1,000 crore Venture Capital (VC) fund as a game-changer. The fund aims to boost India’s space economy by five times over the next decade, encouraging innovation and entrepreneurship in the sector. Key players like Awais Ahmed of Pixxel and Srinath Ravichandran of Agnikul Cosmos see this fund as a catalyst for larger players to emerge and align with the government’s vision for a bigger share in the global space market. India’s space economy is projected to grow significantly by 2033, prompting leaders like Pawan Kumar Chandana of…

Read More

BBMP has established a climate action cell to enhance inter-agency coordination, marking a crucial step towards aligning Bengaluru’s climate goals with planned actions and progress evaluation. Led by Shrimoyee Bhattacharya of WRI India, the cell leverages existing resources to analyze various agencies’ initiatives and their connection to the city’s climate targets. BCAP, operating under a 2019 GHG emissions baseline, aligns with national and state climate action plans. With diverse funding sources, including national schemes, private partnerships, and government budgets, BCAP focuses on clean air and sustainable transportation initiatives. To secure additional funding, the city plans to introduce climate budgeting similar…

Read More