Today Startup News 13 December 2024 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:

OneCard Secures $25.5 Million Funding
With this funding, OneCard plans to improve its technology and work closely with banks and other regulated entities to develop new products.

Prop-Tech Startup Inkers Technology Raises $3M Funding
Inkers Technology has gained recognition in the AI field by creating large-scale AI and ML solutions for businesses worldwide.

Brookfield India REIT Raises Rs 3,500 cr in Funding
Brookfield is a top global investment firm that invests for institutions and individuals worldwide, helping them build long-term, sustainable wealth.

Startup News:

Blinkit enters into 10-minute food delivery with Bistro App
A separate mobile app for the new service is available for download on both Android and Apple devices. The app, still in pilot mode, lets users import contacts and addresses from their Zomato account.

Krishna Mehra joins Elevation Capital as Partner to bolster AI investments
Elevation has invested in nearly 30 AI companies in the last four years. The company said Mehra, based in Silicon Valley, will help boost Elevation’s leadership in the SaaS and AI sectors.

Aye Finance Sets Stage for Public Listing with INR 1,450 Cr IPO
Aye Finance, an NBFC focused on providing loans to small businesses, has announced plans to raise up to INR 1,450 Cr through an IPO.

Startup Story:

Inspiring Story: Once IIT Rejected this Blind Man, Today Built 500 Cr. Company
Meet this 1st international blind student, ShrikanthBolla, who has incredible enthusiasm to achieve great things in life.