Logistics Startup ‘Delhivery’ Partners With ‘Volvo Trucks’ For Express Operations
Logistics unicorn Delhivery has joined hands with Volvo Trucks to test and deploy a new transport solution for express operations. With this partnership, they will address the challenges in speedy delivery and cost efficiencies of services. Under this partnership, Volvo’s unique solution of a tractor-trailer combination (Volvo FM420 4×2), that […]
Bollywood Actor Suniel Shetty Invests In HealthTech Startup ‘Vieroots’
Bollywood actor Suniel Shetty has invested an undisclosed amount in Vieroots, a Kochi based HealthTech startup, at an estimated valuation of around Rs 100 crore. Founded by Sajeev Nair, well-known wellness evangelist and bio-hacker, in 2018, Vieroots is a pioneer in personalised lifestyle management using epigenetic science. The startup is […]
Latest NASSCOM Report Says Data, AI Can Add $450-500 Billion To India’s GDP By 2025
As per a recent report Unlocking Value from Data and AI by NASSCOM, Data and Artificial Intelligence (AI) can add $450-500 billion to India’s GDP by 2025. This number represents around 10% of the $5 trillion economy aspiration of the Indian government. The report also stated that nearly 45% of this value […]
Indian SpaceTech Startup ‘Pixxel’ Raises $5 Million In Seed Funding
Bengaluru-based space tech startup Pixxel has raised $5 million in a seed funding round led by Blume Ventures, growX Ventures, and Lightspeed Ventures. The funding round also saw participation from Ryan Johnson, a veteran in earth imaging and CEO at Blackbridge. Stanford Angels and Inventus Capital also participated in the […]
Nitin Gadkari Says Increasing MSME Exports Will Create 5 Crore Jobs
Union Minister Nitin Gadkari, in a recent press conference, said increasing the MSME exports will create more jobs in the upcoming years. Nitin Gadkari also added that increasing the MSME’s exports from 48% to 60% will create 5 crore jobs in the next 5 years. He also urged unregistered enterprises to register themselves under micro-industry to […]
Gurugram Based FinTech Startup ‘Stack Finance’ Raises Seed Funding
Millennial finance platform Stack Finance has raised an undisclosed seed funding from SOSV and MOX (Mobile Only Accelerator). The funding round also saw participation from AngelList India and IIIT Hyderabad Seed fund along with prominent angel investors including Ajith Karimpana (Founder and CEO of Furlenco), Rohit Chanana (former president of […]
To Support Entrepreneurship Across India Ritesh Agarwal Joins Venture Catalysts
To help the Indian startup ecosystem to flourish and help India become ‘atma nirbhar’, Ritesh Agarwal (founder and CEO of Oyo Rooms) will work as an advisor and mentor with Mumbai-based incubator Venture Catalysts (VCats). Ritesh Agarwal will work with Dr. Apoorv Sharma (Founder of VCats) to promote entrepreneurship across […]
Delhi-NCR Based FoodTech Startup ‘Daalchini’ Raises Rs 5 Crore In Pre-Series A Funding
Delhi-NCR based FoodTech startup Daalchini has raised Rs 5 crore in a pre-Series A funding round led by Artha Venture Fund (AVF). The funding round saw participation from angel investors, including Ajay Kaul (former CEO of Jubilant Foodworks), Narendra Karnavat, Amit Lakhotia, Ashutosh Valani and Priyank Shah (Co-founders of Beardo), and […]
SaaS Startup Anchanto Raises US$12.1 Million In Series C Funding Round
Anchanto, a B2B software-as-a-service (SaaS) startup, has raised US$12.1 million (Singapore $16.6 million) in its ongoing Series C round. This funding round included investors like Asendia and MDI Ventures. As per the startup, it plans to use the funding amount to strengthen its R&D portfolio to launch 2 new products, […]
Business Accelerator ‘Turbostart’ To Invest Up To Rs 50 Crore In 25 Startups
To help innovators overcome the hurdles of scaling up, Turbostart has announced the second series of funding round, Cohort II. Turbostart, in Cohort II, will provide startups with a corpus of Rs 50 crore. Beginning from August 15, Turbostart will select 25 startups in this round and will fund up to Rs […]