Startup news and updates: Daily roundup (Oct 16, 2024)

FundingPetStrong secures maiden funding from Auxano CapitalGurugram-based pet food company PetStrong completed its latest funding round led by Auxano Capital with participation from CXOs from various Industries. PetStrong will use…

Continue ReadingStartup news and updates: Daily roundup (Oct 16, 2024)

6G standards, regulations must ensure inclusivity for all: Scindia

The standards and regulations around 6G should ensure inclusivity and affordability for all, communications minister Jyotiraditya Scindia said on Wednesday.At the inauguration of the international 6G symposium at India Mobile…

Continue Reading6G standards, regulations must ensure inclusivity for all: Scindia

Temasek files notice with CCI for investment in Rebel Foods

Singapore-based investment firm Temasek has filed a notice with the Competition Commission of India (CCI) to invest in Rebel Foods through its unit Jongsong Investments, The Arc reported, citing filings. According…

Continue ReadingTemasek files notice with CCI for investment in Rebel Foods

BPEA Credit nears final close of Rs 750 Cr short-term income fund, rebrands to Ascertis Credit

BPEA Credit, now rebranded as Ascertis Credit, is set for the final close of its Select Short Term Income Fund – I (SSTIF-I), targeting investments with relatively quick turnover and…

Continue ReadingBPEA Credit nears final close of Rs 750 Cr short-term income fund, rebrands to Ascertis Credit

India’s 377M Gen Zs add $860B to country’s overall consumer expenditure: Report

India's Gen Z population, now at 377 million, is not just the largest generation in the country's history but also a powerful economic force with a collective spending power of…

Continue ReadingIndia’s 377M Gen Zs add $860B to country’s overall consumer expenditure: Report

Senior Care startup Primus raises $20M in seed round from General Catalyst, Nikhil Kamath, and Gruhas

Primus Senior Living has raised $20 million in seed funding round led by General Catalyst, with participation from Zerodha co-founder Nikhil Kamath, and Gruhas, the investment firm co-founded by Kamath…

Continue ReadingSenior Care startup Primus raises $20M in seed round from General Catalyst, Nikhil Kamath, and Gruhas