Summary: In Budget 2025-26, Finance Minister Nirmala Sitharaman announced a new scheme for five lakh women, SC, and ST first-time entrepreneurs to promote inclusive entrepreneurship and economic empowerment. The initiative aims to provide financial assistance, skill development, mentorship, and easier…
Summary: Whizzo, a pioneering materials science manufacturing startup, has successfully raised $4.2 million in its seed funding round. The investment was led by Lightspeed, with additional backing from BEENEXT. This funding will be instrumental in advancing research and development in…
Summary of Snabbit’s Funding Announcement : Snabbit, an on-demand home services app, has raised $5.5 million in a Series A funding round led by Elevation Capital, with participation from Nexus Venture Partners and notable angel investors. This follows the $1…
Summary: BlueMedix, a leading retail pharmacy chain in Eastern India, has raised $5 million in a pre-series funding round led by a Dubai-based family fund. With 130 stores across Bihar, Jharkhand, UP, and MP, the company plans to expand nationally, targeting…
Summary of KisaanSay’s Funding Milestone: KisaanSay, a direct-from-origin food brand that partners with farmer collectives across India, has raised $2 million in a pre-seed funding round led by Jungle Ventures through its First Cheque@Jungle platform. Additional contributions came from senior leaders…
Summary: Sarla Aviation, a Bengaluru-based aerospace startup inspired by India’s first woman pilot Sarla Thukral, has raised $10 million in a funding round led by Accel, with participation from prominent angel investors. Founded in 2024, the company aims to revolutionize…
Bengaluru, India – Ola Electric, the prominent electric vehicle (EV) maker, announced the resignation of two key executives, Chief Technology Officer (CTO) Suvonil Chatterjee and Chief Marketing Officer (CMO) Anshul Khandelwal, effective December 27, 2024. Both leaders cited personal reasons in…