Startups | Entrepreneurs | Business | Funding News

Triton EV R&D Centre Inaugurated and Work has Commenced in Pursuit of Innovation

Startuppr January 9, 2023January 9, 2023Electric Vehicles Leave a comment

Triton EV has welcomed 2023 with the formal opening of the Research and Development (R&D) Centre, Kheda, Anand, Gujarat near Ahmedabad. This 1 Lakh 50 Thousand square feet area of R&D facility is set to nurture state of the art and innovative clean energy vehicles and mobility solutions. Although the R&D Centre was operational since August 2021 but the formal launch of the centre happened on 7th January 2023. Through this R&D facility, the company is aiming to establish international … Continue reading “Triton EV R&D Centre Inaugurated and Work has Commenced in Pursuit of Innovation“

Self Reliant India Fund backs Anicut Capital with its commitment of Rs. 75 crores for equity fund

Startuppr January 3, 2023January 3, 2023Funding News Leave a comment

~ The Commitment has come across for Grand Anicut Fund 3~ ~Anicut Capital also onboards Arun Thathachari as Executive Director ~ Anicut Capital, an Indian investment firm managing alternative assets, announced that they have received a commitment of Rs 75 Crores from Self Reliant India Fund (SRI), for their equity fund. SRI Fund is a SEBI-registered Category II Alternative Investment Fund anchored by NSIC Venture Capital Fund Limited, a wholly-owned subsidiary of The National Small Industries Corporation Limited (NSIC) and managed … Continue reading “Self Reliant India Fund backs Anicut Capital with its commitment of Rs. 75 crores for equity fund“

ŠKODA AUTO INDIA RECORDS 2022 AS THE ‘BIGGEST YEAR’ IN INDIA

Startuppr January 2, 2023January 2, 2023News Leave a comment

› Growth of 125% in annual sales over 2021 › Registers 48% growth in December 2022 over December 2021 › INDIA 2.0 heroes KUSHAQ and SLAVIA lead the charge into 2023 ŠKODA AUTO India ended 2022 with strong momentum, registering a growth 125% over 2021. Compared to 23,858 cars sold in 2021, the company reported annual sales of 53,721 units in 2022. The sales for December 2022 stood at 4,788 units, compared to 3,234 units sold in December 2021, resulting in a 48% increase in … Continue reading “ŠKODA AUTO INDIA RECORDS 2022 AS THE ‘BIGGEST YEAR’ IN INDIA“

“CSR progress towards Embassy Group’s vision this year”

Startuppr December 29, 2022December 29, 2022General Leave a comment

Over the last two years, the Indian business landscape has seen a prominent shift towards becoming more responsible, with CSR becoming a leading indicator and an integral strategic priority for businesses. Today, corporates have realized that a business cannot succeed in isolation and that direct engagement in social development and social progress is necessary for sustainable growth, employee retention, and shareholder satisfaction. There is an urgent need to look beyond our silos to make a positive social impact through collective … Continue reading ““CSR progress towards Embassy Group’s vision this year”“

Anicut Capital receives SEBI approval for Rs. 1500 crores debt fund

Startuppr November 30, 2022November 30, 2022Funding News Leave a comment

~ Announces the approval of third debt fund leading to total five funds managed by AMC~ ~Onboards Chetan Prakash Sancheti as Partner on the debt side~ Anicut Capital, an Indian investment firm managing alternative assets- debt and equity, announced that they have received the SEBI approval of Rs.1500 crores, including a green shoe option of Rs. 500 crores, for their third debt fund, Grand Anicut Fund 4. With the third debt fund, which is an AIF, Category II debt fund, … Continue reading “Anicut Capital receives SEBI approval for Rs. 1500 crores debt fund“

Breaking the chain barriers, Lumos Lab’s concludes its flagship hackathon with 33 winners

Startuppr November 29, 2022November 29, 2022Event Leave a comment

Top 33 projects from 376 submissions win from a pool of $100,000+ funding pool along with additional grants and bounties from Unstoppable Domain The #BUIDL for Web3 Hack 2022, the flagship multi-chain hackathon by Lumos Labs, announced its winning projects across 14 tracks defined by over 11 leading players from the web3 space including NFT, metaverse, gaming, decentralized finance, decentralized applications, and more. Launched in September by Lumos Labs, a Web3.0 ecosystem enabler building a developer-centric Metaverse, the Hackathon is … Continue reading “Breaking the chain barriers, Lumos Lab’s concludes its flagship hackathon with 33 winners“

Inflection Point Ventures leads the early fundraising for Creanovation Technologies in the Edtech space

Startuppr November 28, 2022November 28, 2022News Leave a comment

The 2.0 Million USD in funding for Creanovation Technologies in the Edtech sector is being led by Inflection Point Ventures. धne of the fastest growing digital transformation enablers, serving educational institutions – Creanovation Technologies Private Limited (CTPL), has secured 2 million USD, as a mix of dilutive & non-dilutive capital by Inflection Point Ventures (IPV) & Recur Club. Ankur Mittal, Co-founder & COO, Inflection Point Ventures said “CTPL is unlocking immense value for educational institutions by capitalising on the huge void … Continue reading “Inflection Point Ventures leads the early fundraising for Creanovation Technologies in the Edtech space“

BYD India Inaugurates its Passenger Vehicle Showroom in Pune

Startuppr November 24, 2022November 24, 2022News Leave a comment

The world’s leading new energy vehicle manufacturer BYD inaugurated its passenger vehicle showroom in Pune, second showroom in Maharashtra Region. The showroom located in Naylor Road is run & managed by Bavaria BYD. The showroom was inaugurated by Mr. Vishal Agarwal, Dealer Principal, Bavaria BYD, Mr. Sanjay Gopalakrishnan, Senior Vice President of Electric Passenger Vehicle Business, BYD India, in the presence of senior officials of BYD India, Bavaria BYD and customers. Bavaria BYD will provide access to BYD’s pure electric … Continue reading “BYD India Inaugurates its Passenger Vehicle Showroom in Pune“

Sa-Dhan – NextGen Tie-Up to “Build for Bharat” on financial inclusion

Startuppr November 24, 2022November 24, 2022News Leave a comment

Sa-Dhan, the largest and the oldest association of microfinance institutions and Delhi based fintech solutions provider NextGen join hands to bring digital micro finance solutions to millions of feature phone users, which is around 45 percent of the mobile phone using population and about 94 million beneficiaries under the MFI ecosystem. “Micro finance institutions have their presence in over 600 districts in India and there is a need to bring in technology-based solutions to reduce the operational costs for these … Continue reading “Sa-Dhan – NextGen Tie-Up to “Build for Bharat” on financial inclusion“

Impactsure now available on Temenos Exchange

Startuppr November 23, 2022November 23, 2022PR Leave a comment

Sees great opportunity to offer its AI/ML powered document analytics solution to Temenos’ 3,000 banking customers across 150 countries Impactsure Technologies (Impactsure), an Artificial Intelligence (AI) and Machine Learning (ML) powered document analytics SaaS company for Banks and Enterprises, announced the availability of its Secure Unified Responsive Engine (SURE)-based SureMatch platform on Temenos Exchange, the open market place for fintech solutions. Temenos is the digital and core banking solution provider for prominent global banks. SureMatch helps automate manually intensive and error-prone processes that … Continue reading “Impactsure now available on Temenos Exchange“

Vayana Network begins operations of its ITFS platform, Vayana TradeXchange (VTX)

Startuppr November 23, 2022November 23, 2022General Leave a comment

Initiates the first transaction in partnership with Volo Fin Pte. Ltd. (VoloFin) Vayana TradeXchange is aiming to do over USD 100 million worth of transactions in the first quarter of operation Vayana TradeXchange, the International Trade Financing Services (ITFS) platform facilitating cross-border trade finance under the supervision of the International Financial Services Centre Authority (IFSCA), GIFT City, announced the completion and disbursement of its first set of export financing transactions. Vayana TradeXchange (VTX) is built and operated by Vayana (IFSC) Pvt … Continue reading “Vayana Network begins operations of its ITFS platform, Vayana TradeXchange (VTX)”

Utkarsh launches new wing centered on Engineering Exams

Startuppr November 23, 2022November 23, 2022PR Leave a comment

As part of its goal of offering quality and accessible education to all, Jodhpur-based Utkarsh Classes has launched a dedicated wing for engineering exams at its new center located at Metro Pillar No. 66, Near Gujar Ki Thadi, Gopalpura Bypass Road in Jaipur. The wing will incorporate students preparing for engineering jobs in the government sector. This includes preparation for multiple engineering focused exams such as SSC-JE, RRB-JE, GATE, State AE/JE exams & all-other engineering exams. Students can prepare for … Continue reading “Utkarsh launches new wing centered on Engineering Exams“

ANN LICATER, THE NEW AGE RECORDING ARTIST & WORLD FLUTIST, RELEASES NEW ALBUM, WHISPERS FROM EARTH

Startuppr November 19, 2022November 19, 2022Music Leave a comment

This is indie label Cul de Sac Mystic Productions Sixth Solo Album Release Featuring Licater’s Flute Passages for Meditation and Inspiration https://annlicater.hearnow.com Fifteen years after the release of Ann Licater’s breakthrough debut solo wood and clay flute album Following the Call, she again returns to her roots with a focus on solo-inspired compositions that evoke stillness and peace inspired by walks in the natural world. Whispers from Earth is the sixth album on the artist’s independent record label Cul de Sac … Continue reading “ANN LICATER, THE NEW AGE RECORDING ARTIST & WORLD FLUTIST, RELEASES NEW ALBUM, WHISPERS FROM EARTH”

6 months after raising $1.5 million in Pre-Seed, YC backed Explorex raises $5 million in Seed round

Startuppr October 11, 2022October 11, 2022Funding News Leave a comment

Explorex will use this fresh round of capital towards product development and market expansion activities Explorex, a startup catering to the restaurant industry has raised $5 million in a seed round of funding six months after announcing their Pre-Seed round from prominent angel investors based out of Silicon Valley. Explorex will use this funding round towards product development and growth-related activities which will include expansion in metros like Mumbai and Delhi. This round was led by Taher Savliwala – Super … Continue reading “6 months after raising $1.5 million in Pre-Seed, YC backed Explorex raises $5 million in Seed round”

Arvog announces Investment Plans in Vyapaar Vistaar Tech Private Limited, a futuristic tech-based distribution start-up

Startuppr September 23, 2022September 23, 2022Funding News Leave a comment

Arvog Finance (Finkurve Financial Services Limited) is an advanced, rapidly-growing smart-tech-enabled diversified finance and venture growth investment company that has been recognized for lending simple yet relevant Finance and Leisure products and services. The brand’s approach is to provide a varied set of offerings through partnerships with well-known and significant industry players who share an alike vision. Arvog has been tactically making use of its venture arm for investments in the Indian start-up space, aiding and contributing towards the progression … Continue reading “Arvog announces Investment Plans in Vyapaar Vistaar Tech Private Limited, a futuristic tech-based distribution start-up”

B2B Commerce player Peel Works to procure 100 EVs for its distribution business

Startuppr August 31, 2022August 31, 2022Electric Vehicles Leave a comment

The replacement of traditional fossil fuel commercial vehicles with EVs is part of the business remodeling exercise. The Company is in conversation with Piaggio, Tata Motors, Mahindra, and Greaves for procuring the vehicles The B2B Commerce player Peel Works is in advanced conversations with four manufacturers to procure 100 EVs for its distribution business. The firm was operating in 25 cities earlier and recently remodelled its business to scale rapidly with sustainable economics. The replacement of traditional fossil fuel commercial … Continue reading “B2B Commerce player Peel Works to procure 100 EVs for its distribution business”

Simpl partners with Blue Tokai Coffee Roasters to elevate online customer experience through Pay-in-3 and seamless checkout

Startuppr August 23, 2022August 23, 2022General Leave a comment

Simpl and Blue Tokai Coffee Roasters’ alliance to provide customers with a hassle-free deferred payment option.Simpl, India’s favourite checkout partner – said it has tied up with Blue Tokai Coffee Roasters, India’s largest and fastest-growing specialty coffee brand, to offer seamless checkout solutions. With this strategic partnership, both companies take a significant step in empowering consumers across the country with complete payment solutions and enhancing their coffee experience. Simpl’s Pay-in-3 option with its interest-free payment period is available to Blue Tokai customers … Continue reading “Simpl partners with Blue Tokai Coffee Roasters to elevate online customer experience through Pay-in-3 and seamless checkout”

Ambuja Cement Foundation’s Industrial Training Institute at Chandrapur, Maharashtra recognized as Best Industrial Training Institute

Startuppr August 23, 2022August 23, 2022News Leave a comment

Managed by Ambuja Cement Foundation, CSR arm of Ambuja Cements, under its Skill and Entrepreneurship Development Programme The Foundation has imparted skill training to over 88,000 youth with a placement rate of 76% from rural and semi urban areas Ambuja Pvt. Industrial Training Institute, run by Ambuja Cement Foundation, CSR arm of Ambuja Cements, at Chandrapur, Maharashtra was awarded with the Best Industrial Training Institute (ITI) by the Directorate of Vocational Education and Training. The Skill Development & Entrepreneurship Department, … Continue reading “Ambuja Cement Foundation’s Industrial Training Institute at Chandrapur, Maharashtra recognized as Best Industrial Training Institute”

75 Switch EiV 12 buses flagged off in Bengaluru; part of 300 strong electric bus order

Startuppr August 14, 2022August 14, 2022Electric Vehicles Leave a comment

· First of Switch EiV 12 bus order hits Bengaluru city roads · Switch Mobility will supply, operate and maintain 300 Switch EiV 12 standard electric buses · Switch EiV 12 is equipped with advanced lithium-ion NMC chemistry Switch Mobility Ltd (‘Switch’), the next-generation carbon neutral electric bus and light commercial vehicle company, today announced that 75 Switch EiV 12 buses were flagged off at Vidhana Soudha by Shri. Basavaraj Bommai, Hon’ble Chief Minister, Government of Karnataka. These new technologically, advanced electric buses are … Continue reading “75 Switch EiV 12 buses flagged off in Bengaluru; part of 300 strong electric bus order”

Switch Mobility and Chalo join hands for deploying 5,000 electric buses across India

Startuppr August 12, 2022August 12, 2022Electric Vehicles Leave a comment

· First-of-a-kind strategic collaboration between Switch Mobility and Chalo for deployment of 5,000 state-of-the-art electric buses across India. · The Memorandum of Understanding (MoU) has been signed for an initial period of three years. · The buses will be deployed across metros and other cities that Chalo is present in. Switch Mobility Ltd. (‘Switch’), the next-generation carbon neutral electric bus and light commercial vehicle company and Chalo, India’s leading transport technology company, today announced that they have entered into a strategic collaboration for … Continue reading “Switch Mobility and Chalo join hands for deploying 5,000 electric buses across India”