Sunday, October 01, 2023
Outlook.com
Outlook India
Outlook Business

Funding

The capital will be deployed for further developing its online platforms and strengthening community engagement to make India’s youth industry-ready

It will utilise the capital strategically to expand its market reach beyond Gujarat

This model is best suited for companies that have demonstrated steady growth but require capital for further expansion

The funds will be used to focus on expansion in the US market

The company is in talks with a fresh investor, as per media reports

They have also launched atomic fellowship to give a $5000 no-strings-attached grant to students who want to work on engineering projects with potential to change human trajectory

HDFC Capital Advisors looking to raise $1 billion dollar with an option to expand it by an additional $1 dollar

Simulation software provided by the Ansys Start-up Program to enable eligible start-ups to accelerate time to market

Parth Jindal, director of JSW Ventures, Laksh Vaaman Sehgal, vice chairman at Samvardhana Motherson Group and Robert Lansing, chairman-founder of Westminster Capital were part of this round

This investment came under the 3rd Cohort of Evolve X where they invested in 7 start-ups in total