| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102254) | |
21981. [Startup Bharat] This Udupi-based healthy snack brand wants to make natural superfoods like makhana available worldwide
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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India
Your Story
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- In Januar020 Bhopal-based healthtech (physiotherapist Anubha Singhai) startup PhysiQure operates on a hybrid model with teleconsultations and clinics to make quality physiotherapy accessible to all.
- Plans for the future include scaling up and incorporating AI and IoT in physio practice and management.
- “We are looking at a combination of online and physical distribution to reach our target consumers. We are already on Amazon and other ecommerce platforms. We are also setting our distributor network and sales,” she says.
21982. Hiring startup ShortJobs works as a matchmaker between job-seekers and companies seeking talent
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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India
Your Story
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- Umang Mathur, who has over eight years of experience in advertising, media, and marketing, to launch jobs startup ShortJobs in July 2020 to help people find employment amid the pandemic.
- Mumbai-based ShortJobs is looking to connect people, focusing on those lost their jobs to the pandemic, with companies looking to hire professionals for short-term requirements.
- “Our main job is to provide a complete solution to serve the need of short-term engagement – more popularly known in the West as ‘gig jobs’ – looking at the need from an Indian perspective and for the best value-for-money proposition,” he says.
21983. Mumbai-based martech startup Growisto is helping brands drive online retail growth
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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India
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- IIT Bombay graduates Kiran Patil and Pritesh Mittal founded Nearfox, a discovery platform that helps citizens make discoveries across categories like food, shopping, beauty, fashion, fitness, entertainment, and local travel, in 2015. However, the startup shut shop in 2016.
- In 2016, the duo launched Growisto. The Mumbai-based startup is a retail ecommerce marketing and technology company, which focuses on leveraging technology and data to drive online retail growth.
- In 2016, the duo launched Growisto. The Mumbai-based startup is a retail ecommerce marketing and technology company, which focuses on leveraging technology and data to drive online retail growth.
21984. How this product manager and musician started a VR startup for digital heritage experiences
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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- Bengaluru-based Who VR is a patent-pending startup that provides digital heritage experiences.
- In 2017, while composing music, Ajit Padmanabh had a vision of music enthusiasts gathered outdoors, wearing Head-Mounted Devices (HMDs), and bobbing their heads to great music.
- In 2018, he started Who VR, a patent-pending, pioneering VR/AR startup out of Bengaluru, with a focus on digital heritage.
21985. This agritech startup’s farming-as-a-service is impacting 25,000 farmers
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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India
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- Dashmanth Reddy, Mithil Gandhi, and Nitin Razdan started Ujjay in late 2016. The Hyderabad-based startup has created a technology platform to enable farmers by providing a one-stop solution for all their farming needs.
- bootstrapped agritech Ujjay offers crop advisory, product, and mechanisation services for farmers.
- “We came up with FaaS (farming as a service) to help farmers. We work with farmers by providing land preparation equipment. We have started adding services across the value chain, and are mainly focused on pre-harvest services,” Dashmanth says.
21986. How this Chennai-based startup is making crypto trading simple and trustworthy
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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- Founded by IIM Calcutta alumni Vikram Subburaj and Arjun Vijay, Giottus Inc. in 2017, Chennai-based crypto trading startup Giottus is leveraging customer support, security, and trust to drive digital currency adoption in India.
- The idea was “to build an exchange that could deliver this complex tech in a simple and trustable format”, he says.
- The two-year-old platform at present allows customers to trade in more than 100 digital currency pairs in three ways: open order book spot exchange, peer-to-peer (P2P) exchange, and simple buy and sell.
21987. ADB pledges $100 million to NIIF’s Fund of Funds
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Mint
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- The National Investment and Infrastructure Fund Ltd (NIIF), on Monday said it has received a commitment of about $100 million from the Asian Development Bank (ADB) into the NIIF Fund of Funds (FoF).
- With ADB’s investment into the NIIF platform, the total commitments towards the FoF stand at $700 million, which includes investment pledges from the government and Asian Infrastructure Investment Bank (AIIB), NIIF said in a press statement.
- With ADB’s investment into the NIIF platform, the total commitments towards the FoF stand at $700 millionIn June 2018, AIIB had approved an equity investment of $100 million as part of FoF’s initial closing
21988. Facebook buys 9.99% stake in Reliance Jio for Rs 43,574 crore
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
India
The Economic Times
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- Facebook will invest Rs 43,574 crore, largest FDI in India's technology sector
- Facebook will invest Rs 43,574 crore in Jio Platforms, a unit of Reliance IndustriesNSE 0.54 % Ltd (RIL), for a 9.99% stake, an allcash deal that will help the oil-toretail conglomerate reduce debt and strengthen the social media company’s presence in its largest market, especially for its WhatsApp unit.
- RIL’s shares closed 10.3% higher at Rs 1,363.35 on the BSE Wednesday, having surged more than 12% in intraday trade. The transaction will value Jio Platforms at Rs 4.62 lakh crore. Jio
21989. Bira 91 owner B9 Beverages raises $20 million in bridge financing from Sequoia Capital, Sofina
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
The Economic Times
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- Bira competes with the likes of global beverages giants Anheuser-Busch InBev, Carlsberg and United Breweries, among others. Additionally, the round has also seen participation from Korean private equity fund Neoplux and multiple family offices, whose names have not been disclosed.
- B9 Beverages, which owns and sells craft beer brand Bira 91, has raised $20 million (about Rs 153 crore) in bridge financing from two of its existing investors - Sequoia Capital India and Belgium’s Sofina.
- The latest capital raise is part of B9 Beverages’ larger $30 million pre-Series C equity financing round, the proceeds of which are earmarked for business expansion in India with a focus on increasing market share in the premium beer segment, said Ankur Jain, chief executive of New Delhi-headquartered B9 Beverages.
21990. Amid turmoil at SoftBank, its Vision Fund scouts for secondary deals in India
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
The Economic Times
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- Rajeev Misra, who oversees the Vision Fund as its CEO, said the firm has $13 billion in unspent capital which they are in talks to deploy in India, and globally, amid doubts about the group’s ability to plough new funds in companies.
- Even as the spluttering $100 billion SoftBank (SVF) grapples with a severe crisis across its portfolio companies globally, compounded further by the outbreak, the technology investor is on a lookout to snag new deals in India, a top executive at the Japanese firm told ET.
- Rajeev Misra, who oversees the Vision Fund as its CEO, said the firm has $13 billion in unspent capital which they are in talks to deploy in India, and globally, amid doubts about the group’s ability to plough new funds into companies.