Tuesday, December 06, 2022
Outlook India
Outlook Business

Start Up

India is currently the home of the third largest ecosystem of start-ups after the US and China

The global fintech player has witnessed a 44 per cent drop in its share prices

Alternative Investment Funds including AWE Fund, IAN Alpha Fund, Gujarat Venture Finance Limited, Unicorn India Ventures, Trillium Venture Capital, SEA Fund and PONTAQ Venture Capital have participated in this scheme

Pluckk claims to work with a network of more than 1000 farmers and offers a range of over 250 products of essentials, exotics and pan-ready meal kits

Rebel Foods is a food tech company that owns brands like Faasos and Behrouz Biryani

The company is likely to launch the product in the second quarter of the next calendar year

In an attempt to strengthen its footprint in the direct-to-consumer( D2C) market in India, Aditya Birla Fashion and Retail (ABFRL) launched TMRW in June

Fresh From Farm seeks to utilise the prospects of this investment round in team building and brand management

Motovolt Mobility will utilise the funds to offer new products and market initiatives

The round was led by SIG Venture Capital, Tanglin Venture Partners, India Quotient and businessperson Ananya Goenka