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The latest updates from the Indian startup ecosystem, featuring new funding rounds, acquisitions, government policies, investment funds, and more.
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Funding:
D2C Brand Koparo Raises $1.7 Mn In Funding
The startup plans to use the funds for day-to-day operations, business needs and future expansion, according to filings.
News:
Foxconn To Double Down On iPhone Manufacturing In India
According to sources, Foxconn has been carrying out limited testing at its Bengaluru facility for the past few months, showing progress in expanding its operations across India.
Dream11 Moves Domicile From US To India
In January, the Dream11 India board approved a special resolution to merge Dream Sports Inc. with Sporta Technologies Private Limited, as per a filing with the Registrar of Companies.
Logistics startup Shadowfax Converts To Public Entity Ahead Of IPO
The Shadowfax board has approved a decision to make the company public and change its name from "Shadowfax Technologies Private Limited" to "Shadowfax Technologies Limited," according to its regulatory filing.
Startup Story:
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 Eggoz Nutrition Success Story: From Scratch to ₹100 Cr. Revenue in Poultry Business
IIT Graduates — Abhishek Negi, Aditya Singh, and Uttam Kumar — are behind their startup, Eggoz Nutrition, an Agri-tech business offering the right nutrition. The journey is about how IITians transitioned a gap into the business world.
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