In a way to boost start-ups in India, Bits Pilani allowed their students in their final year to take a year off from college and work on ideas for startup companies. The new 'Innovation and Startup Policy 2022" is implemented in Bits Pilani will not only provide time off, but will also give credit scores and 2% grace in semester exams, if their business models get national/state level recognition.
Courtesy: The Hindu
In view of sustainable growth demand, Anand Bodh and Arpit Dhupar founded Dharaksha Ecosolutions in 2020. The Faridabad-based B2B startup converts paddy straw stubble into biodegradable packaging material. Getting into details about this start-up, Dhupar said, "We want to eliminate the sources of pollution and replace them with sustainable alternatives." The company owned by Arpit and Anand, is a venture aiming to contribute towards a… read-more
Courtesy: Your Story
Srikanth Ch was bedridden for two months due to disc-bulge, and started searching for natural supplements, he discovered most firms did not reveal lab-test results. In 2018, he decided to take action and co-founded "Bbetter" with his friends Varun and Rajesh Jampana. The nutrition-focused firm offers over 40 products that use metal-free herbs to assist individuals manage… read-more
Courtesy: Your Story
Burger Singh, an Indian burger chain store across India raised Rs 30 crore investment in round of A series funding. Kabir Jeet Singh, the CEO of Burger Singh confirmed the investment by Negen Capital, LetsVentures, Mumbai Angels, Old World Hospitality and singer Jasleen Royal. With this investment, the CEO plans to expand the venture, and open 120 more outlets by 2023. Currently, Burger Singh has 80 outlets, across India.
Courtesy: Business Insider
Campus Fund announced to have raised Rs 75 crore investment, which will be used for student founders, aiming to provide funds for student-led startups. On July 8, the company announced its second funding, to enhance services and fulfi commitments to students for their startups. Funding over the last two years, Campus Fund invested in Digantara to HealthySure to Expand My Business, which is now working well in the startup industry.
Courtesy: The Free Press Journal
An ed-tech platform for medical and engineering entrance exams, PhysicsWallah, is a new addition to the unicorn club in India. With $100 million (around ₹777 crore) investment from companies. PhysicsWallah in its Series A funding round entered the club and became India's 101st unicorn. It is also the first startup company with huge investment from marquee investors Westbridge and GSV Ventures, in the edtech sector.
Courtesy: Live Mint
Homi Lab, global co-curricular learning platform, has raised Rs 5 crore funds. The funding has been raised by startup investing platform Inflection Point Ventures (IPV). According to a press statement, the funds raised will be used for the development of the platform and content creation. Homi Lab is founded by Srijan Pal Singh, a renowned author and former advisor to the 11th president of India Dr APJ Abdul Kalam.
Courtesy: Hindustan Times
Mumbai's Good Flippin' Burgers brand attracted a round of funding worth $1 Million, on April 22. The seed funding for the burger company was from Kerala Blasters Football Club, IIFL Wealth & Asset Management, Wealth Management business, at IIFL Wealth & Asset Management. Other who participated in the funding round were Index Trader, Deen Dayal Investments, and people from the entertainment industry, taking the net worth to $1.1… read-more
Courtesy: Press Trust Of India
In the pre-series A funding, TraceX, an agritech startup company, raised $1 million, which is approximately Rs 7.5 crore. The pre-series A funding was led by Nabard-backed NABVENTURES fund. "The newly raised capital will be used towards scaling up operations across geographies in India," said TraceX in a statement. TraceX is led by a blockchain-powered traceability platform that enhances supply chain and maximises long-term value for… read-more
Courtesy: Live Mint
According to reports, Indian startup ekincare has garnered $15 million in Series B funding. In addition, the round was led by HealthQuad and Sabre Partners along with the participation of major investors such as Ventureast, Siana Capital, and Endiya Partners. “We expect to grow by another 3x post this round. In a post-pandemic world, employee well-being has increasingly become the focal point of every employer’s strategy,'' stated the founder… read-more