IN-SPACe signs five ISRO tech transfer deals with Indian firms

IN-SPACe has facilitated the transfer of five ISRO-developed technologies to Indian industry, with tripartite agreements signed in Ahmedabad between IN-SPACe, NSIL, and the recipient companies, according to a press release. The ISRO-developed technologies are expected to boost self-reliance and reduce imports in biomedical, solar, and manufacturing sectors.

Notable transfers include LTCC multi-chip modules and adhesives for solar panels. IN-SPACe, which was founded by Government of India five years ago to support private space sector in the country, has now executed 98 transfer agreements, driving industrial innovation and indigenization.

ideaForge SWITCH UAV receives DGCA nod for broad deployment

ideaForge Technology’s SWITCH UAV has received DGCA Type Certification, needed for deployment in civil, paramilitary, and enterprise sectors, the company said in a press release. SWITCH offers military-grade performance with VTOL, long endurance, and high payload for tactical and industrial missions like border surveillance and infrastructure monitoring.

The certification affirms SWITCH’s reliability and safety, supporting expanded use across critical applications and reinforcing ideaForge’s leadership in advanced aerial intelligence.

AI to unlock $500 billion opportunity for India’s tech services

Nasscom has released a new report, tapping the consultancy McKinsey as its knowledge partner, highlighting India’s technology services sector’s shift from pandemic-fueled digital growth to AI-driven transformation, India’s biggest tech lobby said in a press release.

Between 2020–2025, structural changes accelerated, with enterprise budgets now focusing on AI for productivity. The report forecasts muted near-term growth but robust 12–15 percent expansion in data and AI segments. Agentic AI could add $300–500 billion in new spending as hybrid human-AI models reshape delivery, requiring mass reskilling.

EKA Mobility, Shriram Green Finance sign MoU to boost EVs

EKA Mobility, an electric commercial vehicles company in Pune, has signed an MoU with Shriram Green Finance to offer flexible, affordable financing, aiming to accelerate India’s clean transport shift, the company said in a press release.

The partnership will help with EV adoption for fleet operators, dealers, and small businesses through loans for EKA’s range of buses, trucks, LCVs, and three-wheelers, reducing financial barriers for zero-emission fleets.

Sixteen startups, six student teams win big at C-CAMP NBEC 2025

The eighth edition of the National Bio Entrepreneurship Competition 2025 concluded in Bengaluru, Saturday last week, with 16 startups and six student teams winning close to ₹40 crore in cash prizes and investments.

NBEC, organized every year the Centre for Cellular and Molecular Platforms, C-CAMP, in Bengaluru, supported by the Government of Karnataka, drew 3100 entries nationwide, spotlighting promising biotech innovation from smaller cities. Winners will receive mentorship and support to scale their solutions, which address challenges in diagnostics, drug discovery, water, sanitation, and agriculture.

Among the winners

immunitoAI Pvt Ltd: Uses AI to develop novel single-domain antibody drugs for autoimmune diseases and cancer, improving therapeutic options for previously hard-to-treat conditions.

Contrivation Labs Pvt Ltd: Automates post-harvest separation of red chilli stems, boosting agricultural productivity and efficiency.

Nexus Power: Creates biodegradable batteries from crop residue for mobility and stationary uses, offering a greener solution for energy storage.

IIOT Innovation Pvt Ltd: Converts industrial carbon emissions into valuable biochemicals using microalgae biorefinery, supporting both sustainability and circular economy goals.

Student teams included those from institutes such as IIT Kanpur and ICGEB. Among the innovations they’re developing are bone fillers for orthopaedics, rapid pathogen detection kits, and yeast formulations to enhance ethanol production.

About C-CAMP NBEC

Since 2017, C-CAMP NBEC has catalyzed over 110 young entrepreneurs, nurturing deep science startups with commercial potential, and is backed by top government bodies and global partners. C-CAMP itself is a leading biosciences innovation hub in India, incubating 550+ startups and driving translational research for healthcare, agriculture, and environmental impact.

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