India sees over 226 pc surge in startup funding at $596 mn this week
The Indian startup ecosystem bounced back this week in terms of raising funds, clocking more than 226 per cent surge with securing around $596 million in total.
BRICS countries are stepping up technology transfer and transformation, said a conference organised by the BRICS Technology Transfer Center in Kunming, capital of southwest China’s Yunnan Province.
Technological innovation and transfer experts from BRICS and south and southeast Asian countries, as well as scholars of key fields, including biomedicine, clean energy, modern agriculture and digital economy, attended the conference, which was held on Tuesday.
Representatives from enterprises, universities and research institutes in 11 countries and regions, including the BRICS members (Brazil, Russia, India, China and South Africa) held discussions on seeking closer international technology cooperation. A display and trading system for international technology transfer was launched on the occasion.
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Eighteen per cent of global GDP and 17 per cent of R&D spendings come from BRICS countries, which account for 42 per cent of the world’s population, said Yao Weike, president of the China Association for International Science and Technology Cooperation.
The BRICS Technology Transfer Center was set up in Kunming in 2018 to promote the industrial transformation of advanced innovations.
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