Startup

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

Bollywood actress Sara Ali Khan has invested an undisclosed amount in the casual wear apparel startup brand 'The Souled Store'. Earlier, in August 2021, this start-up had raised Rs 75 crore in a Series-B funding round. TSS Co-founder Rohin Samtaney said, "Her quirky and experimentative styling best reflects our brand image." Currently, TSS has five offline store, selling top to bottom wear, including underwear and activewear for men & … read-more

Dunzo, a Bengaluru-based hyperlocal delivery startup, said that it raised $240 million in the latest round of funding. Reportedly, Mukesh Ambani's Reliance Retail topped among the investors by acquiring a 25.8% stake in the startup. Reportedly, the funding will help it to ramp its game against competitors. ''Dunzo is planning an initial public offering (IPO) in the next three years,'' informed Kabir Biswas, co-founder, and CEO of Dunzo. 

Omnivore, an Agritech venture capital firm, launched OmniX Bio. It's reported to be an investment programme that will help Indian entrepreneurs who're working in the fields of agricultural biotechnology, novel farming system, bioenergy, and biomaterials. OmniX Bio will provide venture funding, mentorship, and business development support to the startups. ''We're excited to...help reboot the agrifood life sciences ecosystem in India,'' said… read-more

Ashwin Srinivas, a 26-year-old from Kochi, made it to Forbes' 30 Under 30 list, with his start-up named "Campfire." His enterprise, helps companies to manage their communities, digitally. "From a brand perspective there are very few tools to manage, engage and grow these communities," said Ashwin. Emphasising on the need of understanding communities, Ashwin Srinivas said, Campfire helps companies to know their people using Artificial… read-more