Funding
Venttup raises seed funding from Unicorn India Ventures
Industries 5.0 Startup Venttup raised funding from Unicorn India Ventures.
The company plans to utilise the raised capital to accelerate business growth and technology development for Indigenisation Program Management.
Venttup aims to build a global network of scalable engineering and capacities with India at its epicentre; and to revolutionise the manufacturing landscape by uniting millions of manufacturing MSMEs on a single digital platform, it said in a statement.
“We aim to create a single platform for global buyers to source quality, proven products from India, driving the country’s transformation into a global manufacturing hub,” said Sandeep Nair, Co-Founder & CEO, Venttup Ventures.
The company has an ARR of Rs 2 crore and an order pipeline of Rs 20 crore. It also works with Fortune 100 companies across diverse sectors like aerospace, green hydrogen, clean energy and shipbuilding.
Shilpa Shetty joins Alpino as brand ambassador and key investor
Healthy foods brand Alpino onboarded Bollywood icon Shilpa Shetty as its brand ambassador and key Investor.
The company raised $1.2 million in its maiden funding round, with participation from Paresh Ghelani and other prominent angel investors from Aashar Capital, it said in a statement.
Alpino offers nutritious options including peanut butter, super rolled oats, super muesli, and the world’s first peanut protein isolate powder and plans to launch over 20 new products in the next two years, it added.
“I’ve always believed in living a balanced life—staying healthy, but without stressing over it too much. Alpino embodies this philosophy perfectly, they truly make healthy eating fun. Their natural peanut butter has been a staple in my home; my kids love it too. It’s a brand I’ve trusted and enjoyed, so when the opportunity arose to become a part of Alpino, it felt like a natural fit, just like their products,” said Shetty.
Alpino plans to use the raised capital to boost its offline presence, drive international expansion, and fuel product innovation.
Other News
IIMA Ventures launches Growth Accelerator 2.0
Startup incubator IIMA Ventures launched Growth Accelerator 2.0, to support 15 SMEs and family businesses.
The programme aims to drive exponential growth for small and medium enterprises (SMEs), family businesses, and growth-stage startups that are focused on strategic growth and innovation.
It also includes a wide array of interventions such as knowledge sessions, masterclasses, workshops, founder talks, diagnostic panels, and mentoring clinics to operationalise growth opportunities in a hands-on, practical manner, the company said.
The Growth Accelerator is set to provide a structured, supportive environment for business leaders to develop and test new growth strategies.
“Through this accelerator, IIMA Ventures aims to equip them with the knowledge, strategies, and guidance they need to navigate complex market dynamics, unlock new growth opportunities, and scale their operations sustainably. We look forward to supporting them in achieving long-term success,” said Chintan Bakshi, Partner, IIMA Ventures.
The first batch of the accelerator supported 10 businesses, including Pima Controls Pvt Ltd, Bonton Technomake Pvt Ltd, and RBD Engineers Pvt. Ltd.
Deepika Padukone joins KRAFTON India as Brand Ambassador for BGMI
KRAFTON, makers of BATTLEGROUNDS MOBILE INDIA (BGMI), onboards Deepika Padukone as Brand Ambassador for BGMI in an exclusive one-year collaboration.
With this, the global cinema icon will be featured as a playable character in BGMI, with two distinct character skins representing her iconic style and persona, the company said
The company had previously collaborated with stars including Ranveer Singh, Hardik Pandya, and Mumbai Indians.
“This collaboration is an endeavour to push boundaries and deliver fresh experiences for BGMI fans. By bringing together the worlds of gaming and entertainment with the biggest star Deepika Padukone at its forefront, we aim to create a truly immersive and engaging world within BGMI,” said Sean Hyunil Sohn, CEO, KRAFTON India.
“Gaming has become a cultural phenomenon in India, and I’m excited to connect with the
incredible energy of the gaming community,” said Padukone.
(The copy will be updated with the latest news throughout the day)
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