The latest updates from the Indian startup ecosystem, featuring new funding rounds, acquisitions, government policies, investment funds, and more.
Startup Funding:
WickedGud has Secured Rs 20 crore in Funding
WickedGud is a company that sells healthy and delicious food directly to customers. The brand uses multiple ways to sell its products, making them available on major online shopping sites and quick delivery platforms.
Glow has Raised $30 Million in New Funding
The funds will be used to speed up the adoption of renewable energy and help decentralize the global energy grid, both in India and globally.
Dentalkart has Secured Rs 85 crore in Funding
Malabar Investment has invested Rs 65 crore and Whiteoak put in Rs 20 crore. The company will use the freshly raised funds for operational scalability and to add more subsidiaries.
Startup News:
Moglix and DPIIT Collaborate for Startup Growth
The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with Moglix, Asia’s leading B2B e-commerce platform, to launch a manufacturing incubation initiative aimed at supporting growth-stage startups.
AWS Launches New AI Chips and Tools for Developers
Amazon Web Services (AWS) introduced several major upgrades with a focus on generative AI. Key announcements included improvements to Amazon Bedrock, AWS's foundational AI model, to prevent AI hallucinations and enhance factual accuracy.
Policybazaar Fintech to Focus on Healthcare Services with New Subsidiary
PB Fintech Limited, the parent company of Policybazaar, is expanding into the healthcare sector by creating a wholly-owned subsidiary. The new entity, tentatively named PB Healthcare Private Limited, will focus on providing healthcare services.
Startup Story:
AEDAA Equipments Story: From Farmers’ Challenges To Solution
AEDAA Equipments' founder, Durgprasad Thota, turned farmer's challenges into business. Durgprasad built AI-based solutions to support farmers. Today, this solution is making farming more sustainable by transforming modernized agriculture practices.
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