Latest Startup News, Funding News, Tech News, Insights & Stories from Indian Startup Ecosystem
In a significant move that underscores the growing demand for high-quality dairy products in India, Telangana-based dairy brand Sid’s Farm has successfully raised $10 million in a Series A funding round. The round was co-led by agritech-focused venture capital firm Omnivore and the Narotam Sekhsaria Family Office (NSFO). Expanding Manufacturing and Talent Acquisition Founded in…
Key Points : These points summarize the current state, challenges, and future outlook of India’s manufacturing sector. Summary India’s manufacturing sector, despite experiencing a slowdown to a three-month low PMI of 55.4 in January 2023, continues to perform above its long-term average. Factors such as rising input costs and reduced foreign demand contributed to the…
Key Points : These points summarize Dubai’s achievements and strategic efforts in attracting FDI in the cultural and creative industries, highlighting its leadership, economic impact, and future ambitions. Global Leadership in FDI: Economic Growth and Targets: FDI Capital and Job Creation: Leadership and Infrastructure: Dubai Economic Agenda (D33): Strategic Engagement with Key Markets: Diverse FDI…
Key Points Investment by Scaler: Scaler, a renowned education provider, is injecting Rs 50 crore into its newly established Scaler School of Business (SSB) to redefine business education in India. Focus on Infrastructure and Curriculum: The investment will be used to develop state-of-the-art infrastructure and enhance the curriculum, integrating real-world insights and industry best practices….
Daily Indian Startup News and Funding Alert – 29 July 2024 Funding News D2C haircare brand Moxie Beauty raises Rs 17.3 Cr Moxie Beauty, a D2C haircare brand based in Gurugram, has raised Rs 17.3 crore ($2.1 million) in funding led by Fireside Ventures. This round also saw participation from a group of angel investors,…
Key Points Ugro Capital, a prominent name in the financial sector, has made headlines with its decision to raise up to Rs 135 crore through non-convertible debentures (NCDs). The move comes as part of the company’s strategic plans for expansion and growth. In a recent development, the company’s Board of Directors, during a meeting held…
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…
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…
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…
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…