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Author: Priyanka Chauhan
New Delhi: Petcare startup Sploot has recently announced that it has raised Rs 5.2 crore in a funding round led by Info Edge, a prominent investor in the Indian startup ecosystem. The funds raised will be used to expand Sploot’s operations, and further develop its platform. Sploot was founded in 2020 by Akshay Jagtap and Pranav Maheshwari, both graduates of the Indian Institute of Technology (IIT) Bombay. The startup aims to provide comprehensive petcare services to pet owners, including veterinary consultation, grooming, and boarding facilities. Sploot also offers an online marketplace for pet products and accessories. The petcare industry in…
New Delhi: The Reserve Bank of India (RBI) recently announced that its proposed central bank digital currency (CBDC) would act as a viable alternative to cryptocurrencies in the country. The move comes amidst growing concerns about the risks associated with cryptocurrencies and their impact on the economy. According to T. Rabi Sankar, the Deputy Governor of RBI, the central bank’s digital currency will be a legal tender and a sovereign digital currency issued by the RBI. He further stated that the CBDC would be backed by the Indian government and will be a safe and secure way to transact digital assets.…
Mumbai: Funngro, a platform that offers teenagers an opportunity to earn money through real-life freelancing projects, has raised an undisclosed amount in a pre-seed round. Funngro raised funds from Shark Tank judge Amit Jain, CarDekho’sfounder, and Emcure Pharmaceutical’s Namita Thapar. Early-stage investment firm SucSeed Indovation Fund also participated in the round. Founded by two seasoned professionals with a great mix of technology and business experience, Payal Jain and Anik Jain, Funngro empowers Teenagers by providing paid freelancing opportunities. It aims to teach economic empowerment among teenagers early on so that they are ready to face the work environment in the future and find their…
New Delhi: Amazon Web Services (AWS) is set to launch specialist programmes to support healthcare and logistics startups. The new initiatives will provide startups with resources and expertise to help them build and scale their businesses on the AWS platform. The healthcare programme, called AWS for Health, will offer startups access to AWS solutions tailored specifically to the needs of the healthcare industry. These solutions include machine learning tools for medical image analysis and natural language processing for medical records. AWS for Health will also provide startups with access to AWS experts in healthcare and compliance, as well as the opportunity…
New Delhi: Kartikeya Sinha has assumed the charge of Director (Planning & Marketing), NSIC, on 21.02.2023. Prior to joining NSIC, he was working as General Manager BSNL. Kartikeya Sinha is an alumnus of IIT, Delhi and the University of Oxford, UK. He brings vast experience of working with Government and Industry. Kartikeya Sinha has the vision to enhance the outreach of NSIC schemes as well as raise the competitiveness of Indian MSMEs, and increase the productivity level of each sub-sector through the adoption of best practices, knowledge enhancement and digital intervention which will help the MSMEs to integrate with the global supply…
New Delhi: Voiceoc, a conversational AI solution for hospitals, has raised INR 3 Cr funding from BioAngels, powered by IAN, bringing DeepTech to India’s hospital ecosystem. The round also saw participation from SucSEED Indovation. BioAngels is a unique partnership between IAN and BIRAC that supports startups in the Biotech, Medtech, Healthtech, Pharma, Agritech and Cleantech sectors The SaaS platform will utilize the investment for expanding its team and hiring talent across tech, sales and marketing verticals With this investment, the company will expand its team and is keen to onboard talent in tech, sales and marketing…
New Delhi: Betterhalf, a matrimony startup based in India, has recently secured $8.5 million in funding from a group of investors led by Accel Partners. The funding round also included participation from other investors, including IDG Ventures India, Shailesh Rao, and Vaibhav Gupta. Betterhalf is an online platform that uses artificial intelligence (AI) and machine learning (ML) to match individuals based on compatibility factors such as personality traits, lifestyle choices, and interests. The platform was founded in 2016 by Pawan Gupta and Rahul Namdev, who was inspired to create a better matchmaking experience for Indians after experiencing the shortcomings of…
Navsari-based QSR Startup Ajay’s Takeaway Food was named the Best Emerging QSR chain at the Food Connoisseurs India Awards in Mumbai.
New Delhi: While jewellery brands strive to dominate the sphere of national markets, Muskan Jain, the founder of Blencci and a prime example of Women Empowerment, has overturned the clustered competition by paving her way through elegant and quirky designed diamonds. Blencci is the first-ever fine diamond jewellery brand that had its humble beginnings in the city of Chandigarh, India, in 2019. Glowing with the motto of ‘Be Blencci, Be Beautiful’, the brand showcases the years of diligence and distinctiveness that Muskan dreamt of achieving in her journey as a jewellery designer and an inspiring woman entrepreneur. Since then, the brand…
New Delhi: Two students from the twelfth grade creates a stride with their startup named Zysha. Their company turns out to be the first youth-led online marketplace in India that promotes environmentally friendly and culturally appropriate handicrafts created and produced by numerous artisan groups from all across the country. Zysha offers an online platform (in the form of a website) that at the moment supports more than 450+ underprivileged and unrecognised Indian artists and artisans by showcasing their handicrafts on their website, where customers can buy them and aid them in coping with the devastating losses they have incurred as a…