India has just moved a step closer to its ambitious green hydrogen dream. In a breakthrough with both scientific and commercial significance, researchers at IIT-Madras have developed a novel technology to generate hydrogen directly from seawater using solar energy. Published in the journal ACS Applied Energy Materials, the work addresses several long-standing challenges in electrolytic … Read more
Bengaluru-based healthtech startup PlatinumRx has raised INR 57 Cr in its Series A round led by Stellaris Venture Partners, with participation from existing investor India Quotient. PlatinumRx Series A funds will fuel expansion of fulfilment centres (or “dark stores”), strengthen its supply chain, and support the build-out of its product, technology, and brand teams. Aiming … Read more
In a move that underscores the strategic convergence of India’s bioenergy ambitions and Japan’s decarbonization expertise, TruAlt Bioenergy (TBL) has announced a joint venture with Sumitomo Corporation, one of Japan’s largest trading houses. The partnership, revealed during the Japan–India Next-Generation Economic Forum in Tokyo in the presence of Prime Ministers Narendra Modi and Shigeru Ishiba, … Read more
In a major scientific breakthrough with profound implications for public health and environmental safety, researchers at the Indian Institute of Technology (IIT) Guwahati have developed a nanosensor capable of instantly detecting deadly pollutants in water, including mercury and tetracycline antibiotics. The innovation promises a new era of low-cost, rapid, and highly sensitive water testing that … Read more
Servotech Renewable Power System has once more captured attention in the primary markets, with shares climbing higher following the announcement of a strategic joint venture (JV) with BEKEM Infra Projects. The Servotech-BEKEM Infra JV is designed to participate in government-backed renewable energy initiatives, particularly under flagship programs like the PM Surya Ghar: Muft Bijli Yojana. … Read more
Hyderabad-based NBFC CredRight has secured USD 10 million (~INR 87.5 crore approx.) in a Series B funding round led by Norway-headquartered Abler Nordic, marking its first investment from the newly launched Fund V. Existing investors Michael & Susan Dell Foundation and Unleash Capital also doubled down in this round, underscoring continued faith in CredRight’s growth … Read more
Big boost to India’s rural entrepreneurship Saarathi Finance, a new age Greenfield Non-Banking Financial Company (NBFC) has raised INR 475 crore in its first equity funding. Founded in 2024 and headquartered in Mumbai, the company is led by Vivek Bansal, former CFO of InCred Group and Sunil Daga, former President at Kotak Mahindra Bank. The … Read more
Pune based D2C jewellery startup Palmonas is all set to raise INR 55 crore in its first institutional funding round. The Series A round is led by Vertex Ventures, a global venture capital firm that backs early stage innovations across sectors. According to induatries reports, the round values Palmonas at USD 65 million (~INR 550 … Read more
AI-driven startup Zoca, which aims to transform the growth journey of hyperlocal service businesses, has secured USD 6 million (~INR 51 crore) in a funding round led by global venture capital firm Accel, with participation from GTMfund, Elevation Capital, and Better Capital. The funding round marks a pivotal milestone in the startup’s mission to serve … Read more
Kisaan Se Kitchen Tak (KSKT), a fast-growing agri-commerce startup headquartered in Delhi NCR, has raised USD 1.3 million (~INR 11.03 crore) in a strategic funding round led by Keiretsu Forum and Favcy’s 1stCheque Angel Network. The round, a blend of equity and debt, marks a significant step forward in KSKT’s mission to revolutionize India’s farm-to-fork … Read more