We welcome you to the Forty-Nineth edition of DevMantra Times for the month of April 2025. India’s startup ecosystem continues to witness rapid growth and significant funding inflows, with government initiatives playing a crucial role in fostering innovation. From Karnataka’s Elevate program selecting 101 startups for ₹25 crore in seed funding to the Union government’s ₹1,000 crore allocation for space startups, the country is actively supporting emerging businesses. Meanwhile, Indian tech startups raised $2.5 billion in Q1 2025, reflecting positive investor sentiment despite a funding slowdown in early-stage ventures.Beyond startups, the corporate and DEVMANTRA TIMES excellence beyond numbers regulatory landscape is evolving, with notable developments such as Zomato’s rebranding to Eternal Ltd., NFRA’s increased scrutiny on auditors, and Samsung’s legal battle over a ₹5,100 crore customs demand.
India builds world’s longest LPG pipeline to cut costs & deadly road accidents
India’s state-run refiners will fully commission the world’s longest liquefied petroleum gas pipeline by June, a key development that will sharply cut fuel transportation costs and help prevent deadly road accidents. This will be a game changer in the LPG supply chain,” N. Senthil Kumar, director of pipelines at Indian Oil Corp.,said in an interview. “It’s like putting LPG on a conveyor belt.”