Today Startup News 16 January 2025 From The Indian Startup Ecosystem

16 January 2025 - Latest startup funding highlights include major rounds in artificial intelligence, healthcare, and e-commerce sectors.

By Vijay Yadav16 Jan 2025

New Update

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

Startup Funding:

Recur Club Unveils INR 150 Cr Fund to Boost D2C Brand Growth
Recur Club, an early-stage debt marketplace has launched a INR 150 Cr ($17.46 Mn) fund to help D2C brands in the quick commerce sector growth.

Healthtech startup ErlySign Raises Rs 16 Cr In Pre-series A Round
Healthtech startup CURO Biosciences, also known as ErlySign has raised INR 16 Cr (around $1.8 Mn) in Pre-Series A funding round from Ashish Kacholia to further develop its cancer diagnostic solutions.

Agritech startup Fambo Secures Rs 21 Cr Funding
The Noida-based Agritech startup Fambo has raised Rs 21 crore ($2.5 million) in a pre-Series A funding round led by EV2 Ventures.

Startup News:

Mukesh Ambani’s Jio Partners With Polygon Labs To Offer Web3 Services
Jio Platforms, an Indian mobile network owned by Mukesh Ambani, Asia's richest person, has partnered with Polygon Labs to add Web3 and blockchain features to some of its current services.

Pixxel, Digantara Launch Satellites With SpaceX Rocket For Earth Monitoring And Space Surveillance
Bengaluru-based spacetech startups Pixxel and Digantara launched their satellites on SpaceX's Transporter-12 rideshare mission from Vandenberg Space Force Base in California.

Amazon Acquires Fintech Lending Startup Axio
E-commerce giant Amazon is set to acquire fintech company Axio (formerly Capital Float). This will be Amazon's second acquisition in the Indian fintech sector after buying Emvantage.