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Gujarat International Finance Tec-City (GIFT City) announced on Thursday the launch of Women in Fintech Accelerator. Under the GIFT International Fintech Innovation Hub (GIFT IFIH), the programme aims to prepare women-led fintech ventures for institutional capital and help them scale operations.

Reported by AI

EcoJet Airlines, a Scotland-based startup aiming to pioneer the world's first fully electric passenger airline, has filed for voluntary liquidation after failing to secure necessary funding. The company, founded in 2023, sought to retrofit existing aircraft with hydrogen-electric propulsion systems to cut emissions. Despite ambitious plans for routes starting between Edinburgh and Southampton, it never operated any commercial flights.

Tokyo-based startup Space One has postponed the launch of its Kairos small rocket's No. 3 unit until March, citing a detailed weather analysis. The rocket is set to carry five satellites, with the launch window running until March 25.

Reported by AI

The Nigeria Sovereign Investment Authority (NSIA) and a Japanese agency have signed a $50 million impact innovation fund aimed at empowering startups.

 

 

 

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