Today Startup News 27 December 2024 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:

Seafood Startup Captain Fresh Raises $12Mn In Funding
Seafood startup Captain Fresh has raised ₹100 crore (around $12 million) in funding, led by Motilal Oswal Wealth Limited, as per regulatory filings.

Startup News:

PayU's Chief Investment Officer Vijay Agicha Steps Down After Seven-Year Stint
Vijay Agicha, PayU’s Chief Investment and Transformation Officer, has resigned after a seven-year tenure with the company. Known for driving key acquisitions and building a fintech ecosystem.

Honda, Nissan, Mitsubishi Merger To Form Third-Largest Automaker
Honda, Nissan and Mitsubishi are merging under one holding company, signaling a significant change in the automotive industry. In a joint statement, Honda and Nissan announced the strategic alliance to face growing competition in the global auto market.

foundit Appoints Three New Leaders to Boost Revenue, Marketing, and Candidate Services
foundit (formerly Monster APAC & ME), a leading jobs and talent platform, has announced three key leadership appointments to fuel its next growth phase.

Startup Story:

College student startup Flynovate building Drone-as-a-Service technology for the solar industry
3 college students - Akshat Bhatia, Aryaman Chaudhary, and Himanshu Panda launched a new start-up, Flynovate which is a computer-vision-enabled autonomous Drone-as-a-Service (DRaaS) start-up

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