Gandhinagar: The Indian startup ecosystem is the third largest startup ecosystem in the world, boasting an impressive 115 unicorns (billion-dollar enterprises). Indian startups raised $44 billion in 2021, with over $ 33 billion going towards deals worth more than $5 million. Many Indian startups are domiciled outside India – despite having the majority of their market, personnel and founders in India. These “externalized” or “flipped” startups constitute a large number of India’s uni...Read More

Gandhinagar: Deakin University, the first Australian University to have its branch campus in India. It will come up in GIFT City in Gujarat. Another university has also shown intention to establish its campus in GIFT City. These details were shared by Australian Prime Minister Anthony Albanese in his speech at an event to celebrate Gujarat - Australia relations in the Education sector here. Prime Minister Albanese further stated - "we have finalized Australia - India Education qualification ...Read More

The Deakin University, which is a premier University in Australia, has become the 1st foreign university to receive approval of the International Financial Services Centres Authority (IFSCA) to set up an International Branch Campus (IBC) in GIFT-IFSC, GIFT City, Gujarat. Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman in the Union Budget 2022-23 announced that “World Class Foreign Universities and Institutions will be allowed in the GIFT City to offer courses in Fina...Read More

Gandhinagar: At least two Australian universities, both ranked within the top 300 universities globally, are in talks with the central government and the International Financial Services Centres Authority (IFSCA) to establish independent offshore campuses in India. The universities are looking to set up "international branch campuses" in GIFT City, Gujarat, to offer courses in financial management, FinTech, science, technology, engineering, and mathematics. As per the reports, the IFSCA has r...Read More

Gandhinagar:  Indian Renewable Energy Development Agency (IREDA), is planning to establish an overseas office in Gujarat International Finance Tec-City (GIFT City) to fund renewable energy projects in foreign currency and avoid foreign exchange hedging costs. This was announced by IREDA Chairman and Managing Director, Pradip Kumar Das, during a panel discussion on 'Scaling up Clean Energy Investment in Emerging Economies' organized under the G20 events at the Ministry of New and Renewable En...Read More

Gandhinagar: In a step towards boosting ship leasing services in India, RSCPL (IFSC) Private Ltd, a 100 per cent subsidiary of RBB Ship Chartering Pte Ltd, Singapore, has been issued a provisional licence to operate from India’s first International Financial Services Centre (IFSC) in Gujarat International Finance Tec-City (GIFT City). RSCPL (IFSC) Pvt Ltd received the maiden provisional license for the ship leasing business in February 2023 and are planning to commence commercial operations...Read More

Gandhinagar: Lilavati Kirtilal Mehta Medical Trust will establish the first Lilavati Hospital of Gujarat at GIFT City, Gandhinagar. Lilavati Hospital at GIFT City will comprise 250 census beds and 50 non-census beds. The trustees are setting up this hospital in their own individual capacity, as per a note from the trust. The hospital has over 400 highly qualified doctors/consultants and a staff strength of around 2,500. Prashant Mehta, Permanent Trustee of Lilavati Kirtilal Mehta Medical ...Read More

Gandhinagar: Gujarat Chief Minister Bhupendra Patel inaugurated the IBM software lab at Prestige Tower in GIFT city here in the presence of minister of IBM senior vice president Tom Rosamilia and Nickle LaMoreaux. The facility has recruited 500 persons from Gujarat. Presently it is occupying three floors of the building but it plans to expand further. The Chief Minister as soon as he entered the IBM facility after inaugurating it told IBM captains that smile on their face will stay intact and it...Read More

Gandhinagar: GIFT City signed a memorandum of understanding (MoU) with YES BANK to strengthen the fintech ecosystem in GIFT City. The MoU was signed by GIFT City’s Managing Director and Group CEO Mr. Tapan Ray and YES BANK’s MD and CEO Mr. Prashant Kumar in Gandhinagar, Gujarat. As part of the MoU, GIFT City and YES BANK plan to promote fintech innovation and a fintech accelerator for encouraging, promoting, and supporting fintech startups. Also, the MoU entails conducting programs relate...Read More