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Startup news and updates: Daily roundup (April 7, 2025)
- The gig economy in India is expanding rapidly, with platforms like Swiggy, Zomato, and Zepto employing thousands of delivery partners each month.
- Gig workers often engage in 'moonlighting,' working across multiple platforms, which poses challenges for regulations and record-keeping.
- Zepto has replaced its subscription service with a new 'Zepto Daily' program, offering a nominal Rs 1 entry fee to select customers.
- Rapido, a ride-hailing startup, is venturing into the fintech sector by establishing a separate subsidiary for financial services.
- Vimano, a nanotech startup, secures Rs 25 crore in a seed round led by Ankur Capital to scale membrane production for energy solutions.
- Calligo Technologies raises $1.1 million in funding to enhance its HPC and AI chip innovation for computational workloads.
- EKI Energy invests in Tvasta Manufacturing Solutions, focusing on additive manufacturing technologies to support sustainable manufacturing.
- OPL receives strategic funding from NABARD and HSBC to strengthen digital credit infrastructure for MSMEs and enhance financial inclusion.
- Young Entrepreneurs Fund, backed by marketing strategist Harshavardhan Chauhaan, supports early-stage startups in Deep Tech, Clean Energy, and Rural Platforms.
- Chanakya Opportunities Fund invests in Sadbhav Future Tech's pre-IPO round, emphasizing its commitment to the renewable energy sector in India.
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