Today Startup News 22 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:

Namdev Finvest Raises $38Mn To Expand Its Loan Book
MSME lender Namdev Finvest Pvt. Ltd. has raised $38 million in debt to expand its loan book from Developing World Markets (DWM), Swiss microfinance fund manager BlueOrchard, and US-based climate-focused fund Mirova.

Healthcare platform Raaz App Raises $1 Mn Funding
Raaz App, a healthcare platform focused on male reproductive health, has raised $1 million in funding led by the early-stage venture fund Fireside Ventures.

Healthcare brand Zeelab Pharmacy $2.4 Mn Funding Led By OTP Ventures
The company plans to use the funding to expand its operations, focusing on increasing its retail presence, improving delivery services and strengthening its position in India’s growing healthcare market.

Startup News:

Agritech Startup DeHaat Acquires Farm Advisory Platform AgriCentral
Agritech startup DeHaat has bought the farm advisory platform AgriCentral from Olam Agri in an all-cash deal through a business transfer agreement (BTA).

Deepak Agarwal Joins LinkedIn As Chief AI Officer
LinkedIn, a online professional networking platform on Wednesday announced that Deepak Agarwal, a former employee and Pinterest executive, has been appointed as the new Chief AI Officer (CAIO).

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Jio Financial Services and BlackRock Invest Rs 117 Cr In Mutual Fund Business
Jio Financial Services Ltd (JFSL) said that it and its joint venture partner, US-based BlackRock, have invested Rs 117 crore in the mutual fund company.

Startup Story:

School Friends Turned their Shared Love For Travel Into Startup, Justwravel; Generated ₹12 Crore Revenue
Noida-based social travel startup Justwravel founders Rohan Verma and Shubhangi Pandey turned a gap into ₹12 Cr Revenue pursuing their shared passion now focused on providing budget-friendly and safe travel options.

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