1️⃣ Abyro Capital Floats $25 Mn Fund To Back India, US Startups 🌍💰
Abyro Capital has launched a $25 million fund to support emerging startups in India and the US. The fund aims to fuel innovation and provide early-stage support to high-potential entrepreneurs. 🔑 This move underscores the growing interest in cross-border startup ecosystems.
Example: If you’re building a tech or consumer-focused startup, Abyro could be your next investor!
2️⃣ Former Peak XV Exec Shweta Rajpal Kohli To Launch Startup Policy Forum 🏛️🌱
Shweta Rajpal Kohli, a former executive at Peak XV Partners, is set to launch a Startup Policy Forum to advocate for policies that support startups. This forum will engage policymakers, industry leaders, and entrepreneurs to shape India’s startup-friendly environment.
3️⃣ Razorpay, CRED, Swiggy Among 30 Startups In Startup Policy Forum 🤝⚖️
Top startups like Razorpay, CRED, and Swiggy are part of the newly formed Startup Policy Forum, which focuses on creating a stronger ecosystem for emerging businesses. Expect innovation-driven policy reforms soon! 🚀
4️⃣ Tata Electronics Explores Global Tech Partnerships 🌐🤝
Tata Electronics is in discussions with global tech giants to form partnerships for contract manufacturing. This strategic move could strengthen India’s position as a global electronics manufacturing hub. 💼📲
5️⃣ Medial Raises $500K in Pre-Series A Led by Ortella Global Capital 💡💵
AI-driven healthcare startup Medial raised $500,000 in a pre-Series A round, led by Ortella Global Capital. The funding will enhance its AI-powered solutions in diagnostics and patient care. 🏥🤖
6️⃣ HomeLane Revenue Flat in FY24; Losses Down by 30% 📉🏠
Home interior solutions provider HomeLane reported stable revenue in FY24 but managed to reduce its losses by 30%. This reflects their efforts to optimize operations amidst a competitive market.
7️⃣ Enterpret Secures $20.8 Mn In Series A Led By Canaan Partners 💬📊
Customer insights platform Enterpret has raised $20.8 million in a Series A round led by Canaan Partners. The funds will accelerate its mission to simplify customer data for businesses.
8️⃣ Ultraviolette Automotive Raises INR 130 Cr From Zoho, Others 🏍️🔋
Electric vehicle maker Ultraviolette Automotive secured ₹130 crore from Zoho and others to expand its EV offerings. The funds will power their innovative two-wheeler lineup.
9️⃣ Kitchenware Firm The Indus Valley Secures Fresh Funds 🍴💼
Eco-friendly kitchenware brand The Indus Valley raised an undisclosed amount in fresh funding, led by DSG Consumer Partners. They aim to revolutionize sustainable kitchen solutions.
🔟 Mosambee Achieves Rs 240 Cr Revenue In FY24; Profit Surges 87% 💳📈
Mosambee, a leading fintech player, reported ₹240 crore in revenue in FY24, with an impressive profit surge of 87%. Their focus on digital payment solutions continues to yield strong results.
1️⃣1️⃣ Capgemini Completes Acquisition of Syniti 💻🔗
Global tech leader Capgemini announced the successful acquisition of Syniti, strengthening its data management and digital transformation capabilities. 🌟
1️⃣2️⃣ NXP Semiconductors To Invest Rs 8,400 Cr For R&D In Karnataka 🏭💡
NXP Semiconductors will invest ₹8,400 crore in Karnataka to enhance its semiconductor R&D capabilities, bolstering India’s ambition to become a global semiconductor hub.
1️⃣3️⃣ Akash Systems Signs $27 Mn Deal With NxtGen For AI Servers 💎🤖
Akash Systems signed a $27 million deal with NxtGen Datacenter for diamond-cooled AI servers, a groundbreaking step for AI-powered data processing!
1️⃣4️⃣ DPIIT Partners With Moglix To Boost Manufacturing Startups 🏗️🌟
The DPIIT (Department for Promotion of Industry and Internal Trade) has teamed up with Moglix to foster growth among Indian manufacturing startups, providing much-needed infrastructure and resources.
1️⃣5️⃣ Zepto Expands To Uttar Pradesh 🛒🚛
Quick-commerce startup Zepto is expanding its operations to Uttar Pradesh, bringing its lightning-fast grocery delivery services to a broader audience. 📦💨
🔗 Stay tuned for more updates on funding rounds, business developments, and industry insights. 😊