Browsing: Industry Updates

Battery circularity company PeakAmp has raised Rs 12 crore (about $1.37 million) in a seed funding round led by Caret Capital, with participation from IIMA Ventures, Basant Sharma and Group, and other investors.

FarmDidi, a D2C pickle brand that empowers rural women entrepreneurs, has raised over Rs 7 crore in a seed funding round led by Samved Ventures. The round also saw participation from LetsVenture, Indigram Labs, IIM Calcutta Innovation Park, and angel investors from IIM Calcutta and Symbiosis.

The company is also collaborating with Bharat Electronics on developing high-altitude logistics drones and has partnered with Bhutan’s Druk Holding & Investments group for pilot UAV-based logistics missions to monasteries in remote locations