DevX was founded in September 2017 by three entrepreneurs, Rushit, Umesh, and Parth (known as the RUPaiyya trio), along with Dev Information Technology Ltd. Initially envisioned as a startup accelerator, DevX has evolved to support innovative startups by providing essential resources and fostering strategic partnerships. The company’s initiatives are structured to create synergies and facilitate the cross-pollination of ideas, driving collaborative growth and development.

Mr. Umesh Uttamchandani, Co-Founder of DevX, said, “Our new centers in Noida mark a significant milestone in our expansion strategy. We are committed to deepening our presence in tier-2 and tier-3 cities, which are essential to India’s economic growth. Our goal is to support Global Capability Centers (GCCs) and large enterprises by providing upscale, flexible office spaces that cater to their evolving needs. With our focus on delivering world-class infrastructure, scalability, and compliance with global standards, we are confident in setting new benchmarks in the managed office space sector. DevX remains dedicated to offering best-in-class work-space experiences at competitive pricing.”

Mr. Chandresh Panchal, SVP – Employee Services, QX Global Group, said, “We have been working at DevX for several years, and we genuinely enjoy the facilities they provide. Our employees appreciate the modern, well-equipped spaces, which contribute to a productive work environment. The flexible workspaces are designed to foster collaboration and innovation, which aligns perfectly with our company culture. For us, it’s lucrative because of the flexibility DevX offers in scaling our operations to meet our needs, allowing us to adjust our space requirements based on project demands. The new space in Noida is fantastic, featuring an engaging and vibrant environment that our team loves. It has enhanced our working experience and continues to support our growth and efficiency.”

As a core part of the ecosystem, DEVX also provides, round the year, a platform for industry, academia, professionals and companies to hold hackathons, seminars, events etc…to address core trends and issues. The company is planning further expand and thus consolidate it’s pan-India presence by 2024 end.

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A decade after the term “unicorn” was made to mark private startups valued at $1 billion or more, the number of these companies hit more than 1,500 globally, with a collective value of more than a whopping $5 trillion. But joining the global unicorn club has become much harder than before despite huge investor interest in some markets.

According to Crunchbase data, only 95 companies joined the global unicorn list last year, one-third of the figure seen in 2022 and six times less than the number of new unicorns in 2021, still the record year by the number of new $1 billion worth startups.

Of the 95 companies that hit a valuation of $1 billion or more, one-fifth, or 20, were from the AI sector, mainly from the generative AI market. These companies have collectively added more than $35 billion in value to the global unicorn club. Statistics show fintech was the sector with the second-highest number of new unicorns, with 14 in 2023. Cleantech, energy, and semiconductors followed with 12 and 9 new unicorns, respectively. Analyzed by geography, almost half of all new unicorns were from the United States. Another 24 were from China, while India and the United Kingdom had three.

With 20 new companies joining the global unicorn list in 2023 and three more in the first quarter of this year, the total number of startups in the AI sector valued at $1 billion or more hit 214.

The generative AI company, OpenAI, is the most valuable among them, with a valuation of $80 billion as of this month, $15 billion more than the Chinese ecommerce giant Stripe or the US payments provider, Stripe. Statistics show Databricks is the second most valuable AI unicorn globally, with a valuation of $43 billion. The San Francisco-based AI safety and research company, follows with a $16 billion valuation, respectively.

The full story and statistics can be found here:  https://altindex.com/news/ai-companies-unicorns

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The StartUp Mumbai Challenge named ‘Forever Planet’ signifies a forward-looking commitment to nurturing early-stage startups, specifically focusing on sectors like sustainability, entertainment, media, sports, and lifestyle enhancement. Beyond being a competition, it offers a transformative journey, providing selected startups with robust support, funding, mentorship, and market access through Turbostart’s extensive network. 

Participating startups would get the unique opportunity to receive mentorship from some of the brightest entrepreneurial minds and also funding up to USD 500000.

The panel of Mentors for the StartUpMumbai Challenge are some of the most inspirational leaders in business and innovation: Anand Mahindra, Chairman- Mahindra Group, Ronnie Screwvala, Chairman- Swades Foundation, Vikas Agnihotri, Director- InMobi and GlobalBees, Kaustubh Dhavse, Joint Secretary and OSD to the Deputy Chief Minister- Govt of Maharashtra and Harsh Jain, Founder-Dream11.

Highlighting the importance of StartUp Mumbai Challenge, Hon’ble Minister of Tourism and Rural Development, Shri Girish Mahajan said, “The launch of this ‘Forever Planet’ challenge will position Mumbai as a global nucleus for innovation and sustainable development. This ground-breaking StartUp Mumbai Challenge is a call to action for budding entrepreneurs to contribute their transformative ideas towards a sustainable future. Accompany us on this entrepreneurial journey as we strive to establish Mumbai as a worldwide hub of innovation, originality, and dedication to a robust and sustainable future”.

Wizcraft Entertainment Agency Pvt. Ltd., known for creating immersive experiences, is a key collaborator, ensuring that the Mumbai Festival 2024 celebrates business, culture and entrepreneurship and becomes a beacon of innovation and enterprise. 

The challenge is open to all startups, demonstrating a strong founding team, innovative technology, scalability, and impactful solutions. Top contenders stand to win up to USD 500,000 in funding and various other benefits, including mentorship, market access, and branding opportunities. 

Anand Mahindra, Chairperson, the Mumbai Festival Advisory Committee, renowned global entrepreneur and esteemed mentor, exclaimed, “The initiative’s dedication to nurturing environmentally impactful startups resonates with the principles I’ve always advocated in my own business. Fostering an ecosystem where these startups can thrive and meaningfully change the landscape of sustainable innovation is vital, and I am glad to play my part.”

Ronnie Screwvala, Chairman, Swades Foundation, one of the most active investors in innovation and startups, who will be present at the event as a mentor said, “Today, as we stand on the precipice of unprecedented environmental challenges, it is imperative that we empower the next generation of innovators to drive sustainable solutions forward. The Forever Planet Challenge is an invitation to make a difference. Together, we can create a lasting impact on our planet, and I am excited to witness the innovative solutions that will emerge from this transformative challenge.”

Emphasizing on government’s efforts and intent to build a sustainable future, Kaustubh Dhavse, Joint Secretary, Govt of Maharashtra, focused on innovation, investments and startups, said “Prioritizing sustainability is crucial for our collective future. The event aligns seamlessly with our vision for positive environmental impact. This initiative reflects the power of partnerships between the public and private sectors. Anticipating impactful solutions to emerge, shaping a greener and more sustainable future.”

“The startup landscape is evolving rapidly, and sustainable solutions are not just a necessity but a strategic imperative. The Mumbai Festival’s vision for the Forever Planet Challenge presents an exciting opportunity to support and catalyze the growth of startups that will redefine the future of sustainability. One must commend the pioneering efforts of Maharashtra’s Tourism ministry, Wizcraft and Turbostart.’ said Vikas Agnihotri, Director InMobi and GlobalBees, till recently Operating Partner of Softbank Vision Fund India, a mentor at the challenge.

Harsh Jain, CEO & Co-Founder, Dream11 & Dream Sports said,“Mumbai is one of the largest start-up hubs in India, and as the financial capital, offers unlimited opportunities for entrepreneurs. The Forever Planet Challenge provides founders with a fantastic platform and underscores the pivotal role that technology can play in addressing global climate challenges. As a Mumbai start-up, it is heartwarming for us at Dream Sports to see startups receive the support they need to turn their innovative ideas into scalable solutions.”

Ganesh Raju, Founder-Turbostart, expressed enthusiasm about extending Turbostart’s successful platform to the Mumbai Festival 2024. At Turbostart, we are excited to witness the fusion of innovation and sustainability at the Mumbai Festival 2024. “Launched in 2019, Turbostart is a global fund & accelerator specializing in handpicking outstanding early-stage startups through a unique cohort format. Over the last four years, Turbostart has invested in approximately 40 startups, nurturing them into industry trailblazers. This collaboration with the Mumbai International Festival 2024 aligns seamlessly with our vision, offering an unparalleled platform for eco-conscious startups to showcase transformative solutions and fostering a global movement towards sustainable entrepreneurship.”

Jayshree Bhoj, Secretary, Tourism, Government of Maharashtra said, “StartUps are the best opportunity to encourage entrepreneurship among our youth to become job creators and contribute to the country’s fast-growing economy. The StartUp Mumbai Challenge is particularly exciting with its focus on environment-friendly business ideas. We are grateful to the esteemed panel of mentors for shouldering the responsibility to guide our youth in this area. The Forever Planet Challenge not only provides a platform for these visionaries but also underscores the pivotal role that innovation plays in addressing global challenges. It is a unique opportunity for startups to receive the support they need to turn their innovative ideas into scalable solutions.”

Sabbas Joseph, Founding-Director, Wizcraft Group, emphasized, “We are not just creating an event; we are cultivating an ecosystem that thrives on innovation, resilience, and entrepreneurial spirit. Mumbai Festival 2024, with the StartUp Mumbai Challenge, is a testament to Mumbai’s unwavering commitment to progress and transformation. The StartUp Mumbai Challenge is being organised to drive attention to the need for innovation and technology to create businesses that can help align our lifestyle to being planet-friendly.” 

This challenge is more than an opportunity; it’s a call to action for all visionaries, disruptors, and change-makers. Mumbai invites the brightest minds globally to join this movement and contribute to shaping the future of a city that never sleeps.

Join us in celebrating innovation and entrepreneurship at the Mumbai Festival 2024.

For more information on the StartUp Mumbai Challenge and to participate, visit https://apply.turbostart.co/register.

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At present, India has several agritech companies that are leveraging technology to make farming more efficient and sustainable. These companies offer solutions to help farmers manage their crops better, optimize yields, reduce wastage, and improve profitability through innovative products and services including drones, precision farming, farm management software, crop monitoring tools, and e-commerce platforms.

Mentioned below are top 7 Indian agritech companies that are driving innovation and transforming farming in the country.

AVPL

AVPL is a leading agritech company that specializes in agri training, overseas placements, and drone manufacturing. Founded in December 2016 by Deep Sisai, a young first-generation entrepreneur, AVPL’s primary objective is to promote self-employment among farmers by training drone pilots through government schemes and NBFCs. Their goal is to support farmers across thousands of Indian villages by training 64,800 dronepreneurs and establishing 80,000 marts within the next 5 years. AVPL also plans to establish 100 Remote Pilot Training Organizations and Centers of Excellence during this period.

AVPL has earned accreditations as a Training Provider with National Skill Development Corporation (NSDC) and Haryana Skill Development Mission, and as a Project Implementing Agency with DDU-GKY. They are also a registered Training Partner with state governments and sector skill councils. AVPL’s candidates have received certificates from Prime Minister Shri Narendra Modi Ji. The company has formed partnerships with organizations such as EdCIL India Limited (EdCIL), Telecommunications Consultants India Limited (TCIL), Indian Telephone Industry Limited (ITI Limited), and The Bharat Scouts and Guide.

Absolute

Absolute is a Delhi-based bioscience company founded in 2015 by Agam Khare and Prateek Rawat. They specialize in precision agriculture solutions that utilize phytology, microbiology, and AI technology. Their software controls farm hardware systems and collects data from various sources, including IoT devices, sensors, and satellites. This data is analyzed using proprietary machine-learning algorithms to generate actionable insights.

Absolute operates through three platforms: BioX, a plant bioscience R&D platform; FARM OS, a farm operating system; and a global trade platform for produce. FARM OS provides farmers with valuable insights based on data from sensors, satellite feeds, and other sources, ensuring optimal conditions for crop growth. The company has successfully implemented its solutions for over 15,000 farmers and boasts a team of over 100 scientists.

AgNext

AgNext Technologies is a leading agri-tech company in India that specializes in deep-tech solutions for food quality assessment and management. Founded in 2016 by Taranjeet Singh Bhamra and Mrigank Sharad, AgNext aims to bring cutting-edge technology to agriculture, enabling data-driven decision making and improving the efficiency and sustainability of the agricultural value chain.

By integrating advanced technologies like AI, ML, IoT, computer vision, and data analytics, AgNext has developed a comprehensive solution called ‘Qualix.’ This solution enables rapid assessment of food quality and has multiple applications, including crop quality assessment, food safety and traceability, supply chain management, and predictive analytics. AgNext’s solutions provide accurate analysis of nutritional content, maturity, and contaminants in crops, empowering informed decision making. Their traceability solutions ensure food safety and regulatory compliance, while their predictive analytics solutions offer data-driven forecasts for optimizing crop management practices.

DeHaat

DeHaat is an Indian agritech company that operates an online platform, empowering farmers with a wide range of agricultural solutions. Founded in 2012 by Shashank Kumar and Manish Kumar, DeHaat aims to enhance the farming experience by providing access to quality agri-inputs, advisory services, market linkages, and financial products through a digital platform.

DeHaat acts as a connecting bridge between farmers, suppliers, crop advisors, and buyers. It offers personalized crop advisory services and facilitates access to agricultural products like seeds, fertilizers, and pesticides. Additionally, the platform provides market linkage services, credit options, and tailored insurance products to meet the specific needs of farmers. Serving millions of farmers across multiple states in India, DeHaat strives to improve the efficiency, sustainability, and profitability of agriculture through technology-driven solutions and data-driven insights.

CropIn

CropIn is an agritech startup based in Bangalore, India, founded in 2010 by Krishna Kumar and Kunal Prasad. The company collaborates with various stakeholders in the agriculture value chain, including farmers, agribusinesses, food companies, and governments, to offer sustainable and profitable farming solutions. CropIn has secured funding from investors such as Chiratae Ventures, Invested Development, and Ankur Capital.

CropIn provides farmers with a digital farm management platform that leverages AI, machine learning, and data analytics to optimize crop production and facilitate data-driven decision-making. The platform offers a range of features including crop monitoring, pest and disease management, weather forecasting, farm analytics, and traceability solutions. Farmers can remotely monitor their crops, receive real-time weather and pest alerts, and access data-driven crop advisory services. Additionally, the platform enables tracking and tracing of produce, ensuring compliance with food safety standards. CropIn’s aim is to empower farmers with technology-driven tools and insights to enhance yields and improve farm operations.

Ninjacart

Ninjacart, founded in 2015 by Thirukumaran Nagarajan, Kartheeswaran K.K, Ashutosh Vikram, Sharath Loganathan, and Vasudevan Chinnathambi, is an Indian agritech startup that focuses on addressing supply chain inefficiencies in the agricultural sector. Since then, Ninjacart has expanded its operations to multiple cities in India, including Bangalore, Chennai, Hyderabad, Delhi, Mumbai, and Pune.

Their technology-driven platform connects farmers directly with retailers, eliminating intermediaries and ensuring the timely delivery of fresh produce at competitive prices.

Operating on a B2B model, Ninjacart sources produce directly from farmers and sells to retailers, restaurants, and other businesses. By leveraging data analytics and optimizing logistics, they ensure that the produce reaches customers within 12 hours of harvest. The company has secured significant funding from investors including Accel, Tiger Global, and Steadview Capital.

AgroStar

AgroStar is an Indian agritech company that utilizes a digital platform to provide agricultural inputs and services to farmers. Founded in 2013 by Shardul Sheth and Sitanshu Sheth, AgroStar’s mission is to enhance the efficiency and profitability of agriculture by leveraging technology to connect farmers with quality agri-inputs, agronomy advisory, and market linkages.

Through their mobile app and website, AgroStar enables farmers to access a wide range of agricultural products such as seeds, fertilizers, pesticides, and equipment. They collaborate with input manufacturers and distributors to ensure the availability of high-quality products. Farmers can conveniently browse products, compare prices, and place online orders for doorstep delivery.

AgroStar’s agronomy advisory services provide personalized crop management recommendations tailored to factors like crop stage, soil type, weather conditions, pests, and diseases. These recommendations are delivered through the mobile app or over the phone by experienced agronomists. Operating in multiple Indian states, AgroStar aims to empower farmers through their digital platform, fostering increased productivity, income, and improved livelihoods.

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VedaVC, leading family offices and UHNIs also joined the round.

The company will utilise the funding for product enhancement, building its developer community, and business growth in India and overseas markets.

It will also allow Awiros to augment the India and US teams.

Enterprises have been actively deploying Video AI solutions across automation, safety and process monitoring where the market is projected to reach $27 billion by 2030, based on various research studies.

Founded in 2015 by Vikram Gupta and Yatin Kavishwar, Awiros offers a marketplace of video AI apps that allows its customers to discover and adopt suitable technology solutions quickly. It is accelerating the adoption of this technology, where its average customer subscribes to more than 10 apps today, up from four in 2019.

Awiros is a device-agnostic Operating System (OS) for easy development and delivery of Video AI applications. The OS eliminates the need for enterprise clients to upgrade, redesign, or reinstall new systems as the enterprise’s Video AI use cases increase.

The platform also abstracts out all the tedious workflow around computer vision-based AI models and lets developers concentrate on building efficient models, resulting in faster development and deployment cycles for enterprise-grade applications.

The firm claims it has several Fortune 500 customers and large-scale Video AI deployments across manufacturing, warehousing, data centres, critical infrastructure and public safety.

Shortly, Awiros aims to be the default platform for computer vision use-cases that would allow any developer to create and deploy computer vision applications in large-scale projects in a friction-less manner and create an ecosystem that allows the best apps to thrive, much like the app-stores for smartphones.

Jatin Desai, Managing Partner at Inflexor Ventures added, “As cameras become even more ubiquitous globally there will be a huge addressable market for their products. Awiros investment fits very well with Inflexor’s deeptech/tech IP theme and backing solid founders in this space”.

Chinnu Senthilkumar, Managing Partner at Exfinity Venture Partners added, “Awiros’s approach is analogous to Android O/S which enables and empowers the customer to design and deploy AI-based solutions for their business needs quickly. Awiros has excellent business synergy with our portfolio company Kinara (erstwhile Deepvision) wherein they will be able to co-develop solutions in domains such as retail automation, smart buildings, Industry 4.0 etc. for Fortune 500 clients.”

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Notably, the Gravton RapidEV e-2W has been specifically designed and introduced to transform the last-mile logistics and delivery segment in India by bringing to the fore superior technology and advanced features to the market, which in turn can deliver superior profitability for the delivery-fleet operators of our country. Powered by Log9 batteries and a high-power motor, the Gravton RapidEV gets fully charged (from 0 to 100 percent) in 15 minutes, and offers a load carrying capacity of up to 250 kgs and gradeability of up to 22 degrees. In addition, it also comes with a long life of 10+ years, best-in-class safety, and proven reliability throughout the complete life of the vehicle, as well as a class-leading 5 years and unlimited kms warranty on both on the vehicle and its battery.

With its robust built and high stability, this Gravton Quanta model – an all-terrain EV – holds the distinction of having travelled from Kanyakumari to Khardung La successfully. Giving further impetus to Log9’s Responsible Delivery Movement, the Gravton RapidEV InstaCharged by Log9 will eventually go a long way in making deliveries greener and in reducing the carbon footprint of the last-mile logistics sector in India. Against typical electric 2Ws that may take up to 2.5 hours to charge — which technically leads to the delivery partner (end-user) losing out on an average of 3 to 4 deliveries per hour – the Gravton rapidEV will ensure that the delivery partners can stay on-the-go for the maximum amount of time, thereby increasing their opportunity for revenues and profitability enhancement while also in parallel enabling them to contribute towards sustainability and fighting climate change. 

Speaking about the collaboration, Kartik Hajela, Co-Founder & COO, Log9 Materials says, “We are pleased to partner with Gravton Motors for the integration of Log9’s battery packs and InstaCharge technology into the RapidEV 2Ws manufactured by them. As a Responsible Energy pioneer, we are confident that our InstaCharge batteries’ integration with the Indigenously built Gravton RapidEV e-bikes will provide the much-needed Power, Performance, and Peace of Mind for the B2B last-mile delivery sector and shall further help the cause of reducing operational costs as well as lowering emissions footprint for the delivery and logistics sector. Furthermore, it also provides a great value addition opportunity in the commercial EV space due to the long life, superfast charging, and superlative performance of the Gravton RapidEV.” 

Parshuram Paka, Founder& CEO, Gravton Motors says, “‘Gravton RapidEV is an impeccable all terrain EV model which is an outcome of the all-round efforts of Gravton Motor’s technical team. We are pleased to partner with Log9 in a bid to introduce fast-charging capabilities into this e-bike, which in turn is bound to take its utility and efficiency to a whole new level and also help delivery partners riding the bike to make more money per shift while making sustainable deliveries seamlessly.”

Gravton Motors makes electric bikes that are unconventional in thought, design, and performance, thereby helping India take a ride towards a sustainable future and facilitating urban commute to switch from fuel-run vehicles to clean and sustainable electric vehicles. On the other hand, Log9 has leveraged its cell-to-pack competency to develop its InstaCharge batteries for EVs that provide 9x faster charging, 9x better performance, and 9x battery life. Log9’s InstaCharge technology brings down the total charging time which further optimizes the utilization of charging infrastructure and operational profitability for fleets. In addition, Log9’s RapidX batteries are built to operate across -30° to 60° C and come with an operational life of 15,000+ cycles, thereby providing a seamless experience and entirely revolutionizing the last-mile logistics sector.

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Started by Abhishek Chandel and Rohit Singh in 2018, GoMedii is a full stack digital platform that aims to leverage technology to provide healthcare to overseas patients, who are now preferring India for quality medical treatment that is 50-80% less vis-à-vis other developed economies. 

With the government pushing forward for a national strategy and roadmap for medical and wellness tourism, GoMedii has emerged as a leading Medical Value Travel Facilitator (MVTF) that provides overseas patients a host of services right from discovery of the treatment to post-operation services. Working closely with the government, GoMedii aims to organise the highly fragment medical tourism industry by bringing all services under one roof.

Rohit Singh, Co-founder, GoMedii, said that the brand has been playing an active role as an MVTF in Africa, Middle East, Southeast Asia, and the SAARC regions that are the primary markets for medical tourism in India, with Bangladesh and Africa contributing a lion’s share of traffic.

“Government initiative of ‘Heal in India’ will strengthen Medical Tourism and would help the healthcare industry take a big leap. The need of the hour is a robust public-private partnership with MVTFs playing the role of a key stakeholder and drive the business by generating leads in different source countries,” said Rohit.

Rohit pointed out that Africa remains a largely untapped market offering great potential.

“The major performing markets that we see with huge potential to boost the medical tourism sector in India are the African countries like Nigeria, Congo, Ethiopia and more, hence, making the African continent a prime performing market for GoMedii,” said Rohit.

Abhishek Chandel, Co-Founder, said that empowering patients and their families with the right information remains the key and now GoMedii boasts a network of 100 plus hospitals providing quality and affordable treatment.

“We come first in the patient treatment value chain right from the hospital discovery phase and be with the patient in entire treatment journey through an ecosystem of 100+ Hospitals, 500+Doctors, partners, interpreters and pre-post treatment care,” said Abhishek.

GoMedii aims to bank on India’s quality and affordable healthcare as well as budget friendly allied services that make treatment costs 50-80% less vis-a-vis other popular medical tourism destinations like Turkey and Malaysia.

“Besides the significant cost factors, the high number of reputed workforce of the best doctors in the country, state-of-art hospitals, lesser waiting time for appointment, affordable tertiary services, and other medical infrastructure, make India most preferred destination for international patients. We plan to expand our reach across our prime performing markets in the world by empowering the patients and their families with the right transparent knowledge through a well-established partner’s-network,” said Abhishek.

With an aim to give a structure to the fragmented medical tourism industry in India, Rohit said that GoMedii is focusing on three key things – provide technology-driven healthcare solutions; empower patients with reliable information; formalize and give a structure to the medical tourism sector. 

Patient data on GoMedii suggests that most of the African patients are coming to India for transplant surgeries, IVF treatment, knee replacements, and oncology treatment. Over the years, patients from Gulf countries have also preferred Indian health care with most of the traffic coming from UAE, Oman, Iraq, Qatar, and Saudi Arabia. Most of the patients from Gulf countries come to India for orthopaedics, cardiac, bariatric surgery, and cosmetic treatments.

Patients from Cambodia, Myanmar, Maldives, and Uzbekistan have started preferring India over Malaysia for cosmetic surgery, dental treatment, organ related treatments, and orthopedic surgery.

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The capital fund raised will be used for product R&D, hiring across the company, and branding and marketing. 

KNYA Med was founded in 2021 by the husband-wife duo of Vanshika and Abhijeet Kaji. The aim was to fill in the gap of functional and fashionable medical apparel for the medical industry across the country at multiple levels.

The startup has over 120 SKUs and developed proprietary medical scrubs and lab coat aprons, backed by science and technology to offer comfortable and fashionable medical apparel. Since its inception, KNYA Med products have been delivered to 900+ cities and 200+ medical institutes across India. Its clients include Reliance HN Hospital, Narayana Health, Jupiter Hospital, and Jaslok Hospital.

The firm claims the brand grows 50 per cent month on month and supplies across B2B and B2C retail formats.

Viren Shetty, Executive Vice Chairman, Narayana Health, said, “Doctors, nurses, paramedics, and medical technicians are among the hardest-working professionals and KNYA Med is dedicated to ensure their comfort in the hospital.”

Doctors and Nurses work an average of 12-15 hours per day, and performance apparel is the need of the hour to help enhance their performance. There are nearly 8 million medical professionals in India, out of which 3 million have joined in the last five years. KNYA Med aims to address the gap in making doctors lives’ more comfortable with their medical apparel.

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Deepinder Goyal, Titan Capital, Kunal Shah, Tremis Capital, Lets Venture, and other prominent angels also joined.

The capital will be utilized for expansion to new geographical territories.

ChefKart was founded in 2020 by Vaibhav Gupta, Aman Gupta and Arpit Gupta to solve the problem of the lack of reliable at-home cooking services. It upskills local cooks into trained and professional home chefs.

The company has also built hyperlocal marketing and established supply control in Gurugram, with strategic plans for the upcoming expansion to other regions.

ChefKart launched new lines of business, such as chefs for parties.

Vaibhav Gupta, CEO and Founder, ChefKart, said, “We have served over 3,200+ families and are managing over 2,300+ cooking sessions daily with a 15 per cent m-o-m growth.”

According to a FICCI-PwC report, the Indian food services market is valued at INR 5,52,000 crores in 2022, with the unorganised sector claiming over 57 per cent of the market share. There is a huge demand for reliable cooking services. ChefKart aims to bridge this gap by transforming this untapped sector’s workers into reliable service providers. 

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A select group of HNIs, including senior leadership personnel from Google, Deloitte, Tata 1mg, Axis Capital, and international photographer Joseph Radhik, also participated.

 xQ will use the capital to expand its reach in schools through its flagship offering – the xQ Video Lab. It is a space within schools, like a computer lab or a physics lab, dedicated to teaching kids video creation skills.

The startup was founded by IIM alumni Simon Jacob and Kartik Talwar in 2021 in collaboration with professional filmmakers, educators and advertising professionals. 

xQ offers access to a video creation curriculum, state-of-the-art shooting gear and access to an e-learning platform. This allows students to continue learning and practising their video-making skills at home. 

“Video is the language of the future”, said CEO Simon Jacob. “It is no longer a good-to-have extracurricular activity and if we want to introduce video-creation as a core skill to children at scale, it needs to be a part of the school curriculum.”

xQ has built a strong academic team led by an ex-headmistress and award-winning filmmakers to fine-tune their video-creation curriculum. The team is building a library of over 1,000 video-based curriculum projects where children can integrate video-making techniques like transitions, green screen shooting and stop motion animation into curricular projects for subjects like maths, science, social sciences and English. 

To make learning immersive and personalised through video-creation, xQ is also building a digital learning platform designed to be a safe space for children to learn video creation techniques, showcase their videos to students across the globe and learn new skills from each other in the process. 

To date, xQ has educated over 6,000 students across eight countries in video-making, and it is now on a mission to touch at least one million lives by 2025. 

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