Insight

Cavli Wireless, a participant in the cellular IoT system, secured $ 10 million in Series A round from international investors. Chiratae Ventures and Qualcomm Ventures took the forefront in the funding round.

Freakins, a D2C denim clothing company secured $4 million (about INR 33 crore) in a seed funding round that was jointly managed by Matrix Partners India and Blume Ventures.

Garuda Aerospace, a producer of drones, announced on Tuesday that Indian Farmers Fertiliser Cooperative Limited (IFFCO) has placed an order for 400 Agri Kisan Drones. Within the initial three months of this year, this brings Garuda Aerospace's booking total to 10,000 drones, the company stated in an announcement.

KidzByte, a kids-friendly educational media platform, has been acquired by multimedia entertainment and lifestyle company JetSynthesys.

Mensa Brands, India’s largest D2C House of Brands, has announced the launch of Folkulture, a modern home decor label in the Indian market. F

Arpit Dave, Viral Chhajer, Gnanesh Chilukuri, and Aravind Reddy established Smartstaff  in In 2021 with the goal of assisting large and small manufacturing companies and 100 million blue-collar workers in India in finding better employment through the use of tech.

ZestMoney, a Bengaluru-based company, was founded by Chapman, Sharma, and Anantharaman in 2015. Users are given the option to pay their purchase expenses in three installments with 0% interest. It competes in the national BNPL market with companies including Simpl, LazyPay, and ePayLater.

Kaar Tech, founded in 2017 by Ratnakumar Nagarajan, Selvakumaran Manickam, and Guardian George, is the world's best pure-play SAP digital transformation consulting and services partner.

The brothers Tamizhinian and Iniyavan Vasanthan, along with Karthikeyan Prakash and Chandrasekar C., founded Frigate in 2021. Frigate is a business-to-business cloud platform that supplies a variety of manufacturing services to medium- and large-sized businesses around the world. It enables companies to produce their digital designs as actual goods without having to worry about delays or sourcing suppliers.