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Startup news and updates: daily roundup (October 23, 2024)
- WishNew Wellness raises $250,000 in an angel funding round, led by group of IIT Delhi alumni, valuing the wellness solutions provider at $5.65m.
- Embedded finance and working capital platform GetVantage has invested a total of INR 5.4 crore INR in growth capital to three logistics start-ups Celcius Logistics, Ohm Logistics, and Fitsol.
- Swiggy Dineout and Mumbai Foodie have launched Supper Clubs of India—an experiential dining series celebrating the rich, diverse traditions of regional Indian cuisine, with 10 curated dinners over six months featuring regional community-style meals by home chefs starting from October.
- Maxvolt Energy Industries has converted into a limited company as part of its strategic roadmap towards a public listing.
- JLR has launched its fifth Open Innovation Hub in India, in partnership with Plug and Play, to identify and work closely with start-ups to develop industry-leading solutions for JLR.
- Global crypto investment platform Mudrex claims a 10x surge in revenue and trading volume over the past year with a 40% MoM increase in new users.
- NODWIN Gaming, a new-age youth entertainment, gaming, and esports firm, appoints Atin Suri as Global Head of Experiential Marketing.
- Zeno Health, an omni-channel platform for affordable generic medicines, appoints Pinkesh Dhimar as its new Director for Brand & Communication.
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