NSDC International acquires 10% Stake in Startup Stairs to Empower Startups in Drone, EV, AI, and Robotics Sectors

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NSDC International has acquired a 10% equity stake in Startup Stairs Pvt. Ltd., a move aimed at empowering rural startups in sectors like drones, electric vehicles, artificial intelligence, and robotics. This investment reflects NSDC International's commitment to fostering innovation and entrepreneurship across India. The initiative is expected to nurture around 1 lakh rural entrepreneurs, creating a vibrant ecosystem for sustainable solutions.

Startup Stairs, recognized as an incubator, plans to support drone startups through its new portal, Drone Planet, which will offer mentorship and networking opportunities. The partnership aligns with the government's vision of enhancing entrepreneurship and innovation, addressing the demand for reskilling in a digital-first environment. This collaboration is set to significantly contribute to India's economic growth by empowering youth and fostering innovation.

• NSDC International invests in Startup Stairs to empower rural entrepreneurs.

• Startup Stairs aims to support innovation in drones, EVs, AI, and robotics.

Key AI Terms Mentioned in this Article

Artificial Intelligence (AI)

AI is a technology that enables machines to perform tasks that typically require human intelligence, such as problem-solving and learning.

Drones

Drones are unmanned aerial vehicles that can be used for various applications, including delivery and surveillance.

Robotics

Robotics involves the design and use of robots to perform tasks autonomously or semi-autonomously.

Companies Mentioned in this Article

NSDC International

NSDC International is a subsidiary of NSDC focused on enhancing skill development and creating a skilled workforce for global opportunities.

Startup Stairs

Startup Stairs is an incubator that promotes startups in emerging technologies, including AI and robotics, by providing mentorship and resources.

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