Today Startup News 21 April 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.

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The most impactful leader building a luxury Brand in India
Jaipur Watch Company has carved a niche in the luxury segment with handcrafted, bespoke timepieces—some even featuring pre-independence coins and intricate artistry.

Startup Funding:

Ivory Raises $1Mn Funding Led By IIM-A Ventures, Others
The startup will use the funds to help Ivory improve its technology for clinical-level brain assessments and grow its reach.

NBFC Finodaya Capital Secures $2.5Mn Seed Funding Led By White Venture Capital
The startup plans to give small loans to micro and small businesses in India using property as security. It will use both online tools and physical branches to check applications and give out the loans.

Construction Tech Startup MatBook Raises $750K In Pre-Seed Round
The startup will use the fresh funds to improve its technology, grow its team in sales, tech and operations and expand its presence in the U.S.

Startup News:

MobiKwik Partners With Poonawalla Fincorp To Offer Instant Personal Loans
With this tie-up, MobiKwik users across India can get personal loans between ₹50,000 and ₹15 lakh. The money can be used for things like education, medical bills, travel, or other personal needs. Users can choose to repay the loan over 6 to 36 months.

Tesla Seeks India For Key Components In Global Supply Chain Expansion
About six weeks ago, Tesla met with leaders from Tata Electronics, Micron and CG Semi to understand their production timelines and packaging capabilities. These meetings are part of Tesla’s effort to evaluate India’s potential in chip manufacturing.

PhonePe's Pincode Launches 10-Minute Medicine Delivery
The service runs 24/7 and delivers medicines from nearby local pharmacies—not from dark stores like some other platforms. Pincode also offers discounts directly from local stores and doesn’t charge any delivery fee.

Startup Story:

 From ₹3,000 a Month to ₹15 Lakh in Monthly Revenue: The Inspiring Story of Medworld Solutions
Chunarkar siblings — Vikram, Ajit, Madhuri, and Hema — are behind Medworld Solutions, a startup building a digital healthcare ecosystem that connects patients to insurance providers. The journey is about how siblings turned a gap into business.

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