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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102388) | |
21801. Once The Food of Warriors, Startup Turns Superfood Sattu Into Carbonated Drink
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
The Better India
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- “We want to replace the energy and flavoured drinks in the market with the nutritious Sattu,” says Sachin Kumar, founder of the startup, Sattuz. Based in Madhubani, Bihar, Sachin launched the startup in 2018 under the company Gorural Foods & Beverages.
- “With more research, understanding of the market and procuring government approvals from FSSAI, we introduced Sattuz three years later as a product with three flavours jal jeera, chocolate and sweet,” Sachin says.
- Sachin claims his business generates Rs 1.25 lakh every month.
21802. Flipkart steps up e-gaming play; acqui-hires startup Mech Mocha to boost user engagement
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Financial Express
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- Walmart-owned Flipkart, which had invested in social gaming startup Mech Mocha in its early-stage round back in 2015, on Tuesday, announced the acquisition of its gaming team and intellectual property (IP).
- Founded in 2014 by Arpita Kapoor and Mohit Rangaraju, Mech Mocha had raised $9.9 million so far, according to Crunchbase. Accel Partners, Blume Ventures, and Shunwei Capital were other investors in Mech Mocha
- Mech Mocha, which operates real-time multiplayer gaming app Hello Play including ludo, carrom, cricket, and other games, would allow Flipkart to enhance its gaming strategy as it looks to develop new formats to boost user engagement on its gaming platform.
21803. RAISE 2020: How B2B SaaS startup Xane AI is revolutionising user experience
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Based out of Gurugram and Amsterdam, B2B SaaS startup Xane AI uses AI, computer vision, and NLP to help organisations create personalised user experiences.
- The name ‘Xane AI’ represents the startup’s vision. X stands for the four target stakeholders -- customer, field staff, service engineers and business as an entity; A for automation; N for natural interface; E for engaging experience; and AI for ‘through artificial intelligence’.
- The B2B SaaS platform uses artificial intelligence (AI), computer vision , and Natural Language Processing (NLP) to help organisations create personalised user experiences.
21804. [Funding alert] EV services startup CHARGE+ZONE raises $3M in pre-Series A round led by Venture Catalysts
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- “We Tecso Charge Zone, which operates electric vehicle (EV) charging startup CHARGE+ZONE, announced that it has raised $3 million in pre-Series A round led by startup incubator and accelerator Venture Catalysts. This round also saw participation from other lead investors like Mumbai Angels, Keiretsu Forum, and Ramakrishnan Family Office.
- It will leverage the capital infusion from this latest round to scale its operations and work towards its goal of building one million unmanned charging points in the country within ten years, stated Kartikey Hariyani, Founder and CEO, CHARGE+ZONE.
- “CHARGE+ZONE is employing technology to solve the most pressing issue in our transition towards electric vehicles-availability of charging points. With an extensive target market in each B2B (housing complex and corporate houses), B2B2C (two-, three-, and four-wheeler vehicles, as well as cab aggregators), and B2C (public charging stations) sectors, CHARGE+ZONE’s potential and opportunity for growth is massive. The startup’s innovative IP as well as the founding team’s dedication makes us confident in our investment.”
21805. [Funding Alert] Healthtech startup Traya raises seed investment led by Kae Capital, Whiteboard Capital
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- This Mumbai-based startup “Traya” (by Altaf Saiyed and Saloni Anand) for research and development, expanding the product range, detailed clinical trials and creating a strong and comprehensive adherence programme using cutting edge technology.
- “We are not a product company selling yet another shampoo, we work with our customers closely to get their hair health sorted for long-term effective results,” Saloni added.
- "As investors across various D2C and healthcare companies, we find Traya a very exciting company deep-rooted in medicine and at the same time, contemporary and consumer-centric in solving real and serious healthcare problems starting with a large category like hair fall,” added Anshu Prasher, General Partner at Whiteboard Capital.
21806. This woman entrepreneur’s online fitness training startup has grown by 4x in four years
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Jyoti Dabas (Gurugram) started the Institute of Nutrition and Fitness Sciences (INFS) in 2016 with an initial investment of Rs 3,000 and clocked revenues worth Rs 3 lakh in the first month. Four years later, it has grown by 4x, accelerated by the need for fitness during the pandemic.
- “I wasn't entirely sure of what I wanted to do in the fitness industry and so started a personal blog, answering common questions on fitness and weight loss. And I made sure to provide science-backed solutions from research papers,” she told HerStory.
- “The team is expanding in size phenomenally. We are adding more courses and I have to look and make sure we are addressing the right needs in the market,” Jyoti adds.
21807. [Funding alert] QSR startup Charcoal Eats raises Rs 16Cr from Lokmat Investments
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Mumbai-headquartered quick service restaurant (QSR) Charcoal Eats
- Founded in September 2015 by Anurag Mehrotra, Krishnakant Thakur, Mohammed Bhol, and Gautam Singh, Charcoal Eats is a tech-enabled, Indian QSR startup that delivers high-quality, modern Indian flavours to its patrons.
- It will use the fresh fund to strengthen its presence in different parts of the country, as well as invest in brand building.
21808. [Tech30 Special Mention] This spacetech startup is attempting to propel satellites in a cost-effective and sustainable manner
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- “We Founded by IIT Bombay alumni Tushar Jadhav and Ashtesh Kumar in 2017, Manastu Space has developed a green satellite propulsion system that is 25 percent more powerful, and 60 percent cheaper than the conventional systems.
- “Satellites need small rocket engines also called thrusters to change their orientation or orbit while in space. The fuel that is used in these thrusters — hydrazine — is extremely noxious. In fact, the European Union, as well as a few other countries, are looking to ban it. So, we at Manastu worked towards building an efficient alternative for this,” Tushar Jadhav, Co-founder, Manastu Space, tells YourStory.
- Manastu Space’s I-Booster consists of an engine, fuel tank, catalyst, and other vital parts like thrusters. The propulsion system’s function revolves around the chemical compound of hydrogen peroxide, as well as a proprietary high-temperature catalyst.
21809. [Startup Bharat] How Jaipur-based iAssure is giving new life to people in smaller towns
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Abhishek Tiwari founded iAssure in 2015. The Jaipur-based startup aims to increase insurance penetration in semi-urban and rural areas
- The insurtech startup claims to have issued close to half a million policies so far, and has been able to scale up to Rs 9 crore turnover in five years. It will use the fresh fund to strengthen its presence in different parts of the country, as well as invest in brand building.
- “iAssure aims to solve the problem of lack of awareness, trust, digitisation, and distribution in semi urban and rural markets, which is home to eighty percent of the Indian population. iAssure also aims to bridge the deficit of trust by getting the transaction executed through a hyper local trusted resource who talks to the customer in his own language. It’s a sociable, sustainable, and scalable business model,” says Abhishek.
21810. Ashok Leyland to supply 200 trucks to Bangladesh govt
Bharat Economic Growth
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Increasing Exports
English
India
The Times Of India
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- Ashok Leyland, the flagship of Hinduja Group, has announced the supply of 200 trucks to the Bangladesh government. These trucks will be a part of a project from India under a $ 2 billion line of credit announced by Prime Minister Narendra Modi.
- Ashok Leyland had won the tender floated by Bangladesh government for 135 fully built trucks comprising three tonne trucks, hydraulic beam lifter and sewerage sucker which have already been handed over from India to the roads and highways department in the current financial year.
- Ashok Leyland is one of the leading commercial vehicle brands in Bangladesh and has more than 50 touch points across the nation. Apart from supplying many vehicles from India, the company also assembles their range of trucks, buses, and LCV vehicles locally at IFAD Auto Dhamrai plant in Bangladesh.
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