Treacle Raises Rs 4 Crore in Funding Round Led by Inflection Point Ventures
Key Points In a significant development within the cybersecurity domain, Treacle, a burgeoning startup specializing in defensive security, has raised Rs 4 crore in a pre-seed funding round led by Inflection Point Ventures. The infusion of funds is poised to bolster Treacle’s technical and business growth, fuel marketing initiatives, cover office expenses, foster collaborations, and…
Redefining Mentorship in Startups: Moving Beyond Traditional Wisdom
Summary Redefining Mentorship in Startups: Moving Beyond Traditional Wisdom The article delves into the concept of mentorship in the startup ecosystem, drawing parallels between traditional wisdom, termed as “gyan,” and the evolving needs of entrepreneurs. It discusses how many mentors adopt a conventional approach akin to sermonizing, imparting generic advice that lacks practical value and…
Poshn Secures $4 Million in Pre-Series A Funding Round
Summary Poshn, a burgeoning foodtech startup, has secured $4 million in a pre-Series A funding round, led by Prime Venture Partners and Zephyr Peacock India. This funding, including $2 million in debt, highlights investor confidence in Poshn’s potential. The company, founded in 2020 by Bhuvensh Gupta and Shashank Singh, leverages AI models to streamline wholesale…
Ananya Birla Shifts Focus from Music to Business Ventures
Summary Ananya Birla, the eldest daughter of Kumar Mangalam Birla, announced via Instagram her decision to step away from the music industry to focus on her business ventures. This surprising move comes after her successful foray into music with hits like ‘Livin The Life’, where she became the first Indian artist to achieve platinum status…
QUE Eyewear’s Strategic Alliance with Shikhar Dhawan Set to Disrupt Indian Eyewear Industry
Summary Indian cricket sensation Shikhar Dhawan has embarked on a new venture in the fashion eyewear industry by partnering with the emerging brand QUE. This partnership sees Dhawan not only investing in QUE but also serving as a partner and brand ambassador. QUE, founded by Shashank Saurabh, Abhishek Deep, and Kumar Vagish, aims to democratize…
Unity in Adversity: Political Leaders Across Party Lines Extend Support to Jaspreet
Summary Industrialist Anand Mahindra extended support to 10-year-old Jaspreet from Delhi, who took over his father’s street-side stall after his demise. A viral video showcased Jaspreet’s resilience, prompting Mahindra to offer assistance for Jaspreet’s education. Jaspreet’s culinary skills, coupled with his resolve, garnered widespread admiration and support from political leaders and the community. His story…
Lyskraft – women’s apparel venture founded by industry veterans Mukesh Bansal and Mohit Gupta secures $26 million in seed funding
Highlights: Lyskraft, a new venture in the women’s apparel sector founded by industry veterans Mukesh Bansal and Mohit Gupta, has recently secured a significant seed funding round of $26 million, with Peak XV Ventures leading the investment. The Gurugram-based omnichannel fashion and lifestyle platform attracted investments not only from Peak XV Partners but also from…
Control One AI Secures $350K Funding for AI-First Robotics Innovation
Highlights Control One AI, an emerging leader in AI-driven robotics, has just secured a significant boost in funding, signaling its rapid ascent in the tech startup landscape. With a substantial injection of $350,000 in a pre-seed funding round, the company is poised to revolutionize the supply chain industry, thanks to the backing of a diverse…
Northern Arc Secures $80 Million Funding from IFC: Fueling Financial Inclusion and Expansion
Summary Northern Arc, a prominent non-banking financial company (NBFC), has received a substantial $80 million investment from the International Finance Corporation (IFC), a member of the World Bank Group. This funding, comprising both debt and equity components, marks a significant milestone for Northern Arc, empowering its mission to expand services and improve credit access across…
Saudi Aramco’s Venture into Indian Start-ups: A Strategic Move
Summary Saudi Aramco’s venture capital arm, Prosperity7 Ventures, plans to invest between USD 200 million and USD 350 million in Indian start-ups, recognizing the country’s vibrant entrepreneurial ecosystem. With a focus on early-stage companies across various sectors, Prosperity7 Ventures aims to leverage India’s growing appeal to global investors. This strategic move is expected to drive…