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Startups in the education and health sectors have the potential to transform India, according to President Kovind

Startups in the education and health sectors have the potential to transform India, according to President Kovind

by Capital Group | May 9, 2022 | Initiatives

The entry of unicorns and startups into sectors such as health and education might be a game-changer for India in terms of job creation and revenue production, according to President Ram Nath Kovind. While inaugurating the permanent campus of the Indian Institute of...
Garuda, a drone startup, received global funding over 8,000 orders from Malaysia and the UAE

Garuda, a drone startup, received global funding over 8,000 orders from Malaysia and the UAE

by Capital Group | May 6, 2022 | Initiatives

Garuda Aerospace, a drone startup, has raised an undisclosed sum in a Pre-Series A fundraising round led by Ocgrow Ventures. The round was also attended by a few super angels from the global investment banking circles. According to sources close to the firm, the...
FREED, a fintech startup, has received funding from Inflection Point Ventures and others

FREED, a fintech startup, has received funding from Inflection Point Ventures and others

by Capital Group | May 5, 2022 | Initiatives

FREED, a Gurugram-based finance firm, has raised $2.8 million in a Pre-Series A investment led by Inflection Point Ventures.Multiply Ventures, Chandigarh Angels Network, Lead Angels, Hyderabad Angels, The Chennai Angels, and a group of high-net-worth people...
Zepto is on the verge of becoming a unicorn, with $200 million in funding

Zepto is on the verge of becoming a unicorn, with $200 million in funding

by Capital Group | May 3, 2022 | Initiatives

Kiranakart Technologies Pvt. Ltd, the company behind Zepto, a 10-minute grocery delivery platform, has raised $200 million in a Series D fundraising round spearheaded by Y Combinator’s Continuity Fund, which valued the company at $900 million. In addition to...
NTPC is seeking expressions of interest from Indian startups to make torrefied biomass pellets

NTPC is seeking expressions of interest from Indian startups to make torrefied biomass pellets

by Capital Group | May 2, 2022 | Initiatives

These pellets are widely employed by power plants for co-firing because they have a higher energy density and features that are similar to coal. NTPC wants to provide a platform for Indian startups to develop innovative technology for creating torrefied biomass...
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