Today Startup News 13 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:

WeWork India Raises Rs 500 cr Via Rights issue
WeWork India, a flexible workspace operator in India, has raised Rs 500 crore (around $57.8 million) via a rights issue from Embassy Group and WeWork Global.

Tech-first Laundry Startup Revivo Raises Funding
Revivo, a tech-focused laundry and dry-cleaning startup, has raised an undisclosed amount in a pre-seed Series A funding round led by Inflection Point Ventures (IPV).

Bubble Tea Brand Boba Bhai Gets Rs 30 Cr In Funding
Boba Bhai, a quick-service restaurant (QSR) brand known for bubble tea and other food items, has raised INR 30 Cr (about $3.4 Mn) in a Series A funding round led by 8i Ventures.

Startup News:

Zepto Secures NCLT Approval For Reverse Flip To India
The National Company Law Tribunal (NCLT) has approved the merger of Mumbai-based Kiranakart Technologies, which runs the quick commerce platform Zepto, with its affiliate in Singapore, Kiranakart Pte Ltd.

PAG Acquires Majority Stake In Pravesha Industries
Hong Kong-based PAG, an investment firm focused on the Asia-Pacific region, has acquired a majority stake in Pravesha Industries, a pharmaceutical packaging company, valued at $200 million, according to a statement.

Govt launches Bharat Cleantech Manufacturing Platform
Union Minister of Commerce and Industry, Piyush Goyal, launched the Bharat Cleantech Manufacturing Platform at the Bharat Climate Forum 2025 in New Delhi.

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Startup Story:

A dropout from AIIMS who built a startup at the age of 19
Fast forward to 6 months they opened up their cricket academy Limelight Cricket Academy. Aishvaryaa became a Co-Founder at the age of 19.

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