Today Startup News - 23 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:

Cancrie Raises $1.2 Mn Funding Led By Roots Ventures, IIMA Ventures
Cancrie, a startup working on advanced nanocarbon materials for energy storage, has raised $1.2 million in a seed funding round led by Roots Ventures and IIMA Ventures.

VuNet Systems Raises Rs 60 Cr In Series B Funding Led By Pravega Ventures
VuNet Systems, a digital transaction monitoring startup has raised Rs 60 crore in the first close of its Series B funding round led by Pravega Ventures.

Ati Motors Raises $20Mn Funding Led By Walden Catalyst
Ati Motors, a company focused on AI and self-driving robots, has secured $20 million in Series B funding round led by Walden Catalyst Ventures.

Startup News:

Sanlayan Acquires Dexcel Electronics To Boost Indigenous Defense and Aerospace Innovation
Sanlayan Technologies, a strategic electronics startup, has acquired most of the shares in Dexcel Electronics, an embedded systems company.

First 'Made-in-India' Chip To Roll Out In 2025, says Union Minister Ashwini Vaishnaw
Union Minister Ashwini Vaishnaw said the first 'Made in India' chip will be launched this year, during the World Economic Forum in Davos.

Reliance Consumer To Acquire SIL To Strengthen Its Position In FMCG Market
Reliance Consumer Products is set to acquire the packaged foods brand SIL Food India, which offers products like cooking pastes, jams, mayonnaise, baked beans and Chinese sauces. The acquisition process has been completed, according to a media report.

Startup Story:

How Jaipur-based startup Appenics Technologies competed 200+ mobile application projects in just three years
Appenics Technologies works for different industry & serving in 10+ countries for web, software and mobile app product or tool development.

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