Today Startup News 10 January 2025 From The Indian Startup Ecosystem

The latest updates from the Indian startup ecosystem, featuring new funding rounds, acquisitions, government policies, investment funds, and more.

Startup Funding:

Nirmaan Secures Seed Funding Led By Equanimity Investments
Nirmaan, a B2B marketplace for construction materials, has raised an undisclosed amount in its seed funding round led by Equanimity Investments. 

Healthtech Unicorn Innovaccer Raises $275 Mn Series F funding
Health tech unicorn company, Innovaccer has raised $275 million in its Series F funding round which was a combination of primary and secondary transactions.

Fintech startup GrayQuest Bags Rs 80 Cr Funding
GrayQuest, a fintech startup, has raised Rs 80 crore (around $9.3 Mn) in a Series B funding round from IIFL Fintech Fund, Claypond Capital ( family office of Manipal Group’s Ranjan Pai) and Pravega Ventures.

Startup News:

Blinkit Expands Range, Now Delivering Laptops, Monitors and Printers in 10 Minutes
Zomato-owned Blinkit has expanded its electronics range to include laptops, monitors, and printers, according to CEO Albinder Dhindsa in a post on X.

KredX Gets RBI's Approval To Launch TReDS Platform
Supply chain platform KredX has received final approval from the Reserve Bank of India (RBI) to launch its Trade Receivables Discounting System (TReDS) platform, called DTX (Domestic Trade Exchange).

SC Stays GST Notices On Online Gaming Firms & Casinos
The Supreme Court on Friday paused showcause notices issued by GST authorities to online gaming companies and casinos over alleged tax evasion of over ₹1 lakh crore.

Startup Story:

Social Entrepreneur at Sanitree | Reusable & Biodegradable Sanitary Pads for Women
Ishu Shiva started an initiative named “Sanitree”. Ishu belongs Jaipur, Raj. & part of the healthcare industry in which they manufacture pads

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