New Delhi: Agilitas Sports, founded by Abhishek Ganguly, the former managing director of Puma India and South-East Asia, has raised ₹100 crore from Nexus Venture Partners. This funding is aimed at developing a range of consumer brands in the sports footwear and apparel sectors. Agilitas had secured ₹400 crore in May from funds managed by…
One of the longest-running hyperloop startups is reportedly shutting its doors. Hyperloop One, once backed by Richard Branson’s Virgin Group, will cease operations on December 31 according to Bloomberg News. It’s the latest stumble in the tech industry’s attempt to bring life to an idea Elon Musk first put forth in a white paper in…
SUMMARY Delhi-NCR-based electric mobility startup BluSmart has raised $24 Mn (INR 200 Cr) in a fresh equity funding round, which saw participation and over-subscription from its existing investors, founders and leadership team. The startup will use the capital to build large-scale EV charging superhubs enabling the expansion of its electric ride-hailing service. Founded in 2019,…
From job seekers to job providers, Indians are shifting towards entrepreneurship. With the new age of tech-driven businesses monikered as startups, young minds come together and manifest how creativity, innovation, and hard work can transform the way they work across various industries in the country. Startups are buzzing with ideas and energy, reflecting the optimistic…
