• Startup Pulse
    Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures. ISLAND Beauty raises ₹2.58 crore in funding from AJVC and angel investors. Sridhar Vembu warns of painful economic rebalancing as AI reshapes computer-based jobs. GomatiRoots raises ₹1 lakh in funding through YourStory's Shuru Kar initiative. Bijnis rebrands as Zorit and raises nearly ₹27 crore in funding led by Sparrow Capital, with Info Edge, WaterBridge, Better Capital and other investors participating. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures. ISLAND Beauty raises ₹2.58 crore in funding from AJVC and angel investors. Sridhar Vembu warns of painful economic rebalancing as AI reshapes computer-based jobs. GomatiRoots raises ₹1 lakh in funding through YourStory's Shuru Kar initiative. Bijnis rebrands as Zorit and raises nearly ₹27 crore in funding led by Sparrow Capital, with Info Edge, WaterBridge, Better Capital and other investors participating.
  • Khelo India Sports Goods Manufacturing Scheme: Cabinet Approves ₹1,856.67 Crore Outlay

    Khelo India Sports Goods Manufacturing Scheme

    The Union Cabinet has approved the Khelo India Sports Goods Manufacturing Scheme with a total outlay of ₹1,856.67 crore for the period 2026 to 2033-34.

    The scheme was announced in the Union Budget 2026-27. It aims to promote investment, manufacturing, innovation and exports in the sports goods sector.

    The scheme is aligned with Khelo Bharat Niti 2025, Make in India and Atmanirbhar Bharat.

    The scheme provides for Sports Goods Manufacturing Zones (SGMZs) to support cluster-based manufacturing. Manufacturers, suppliers, testing facilities, design and prototyping centres and ancillary enterprises will be co-located.

    The zones will be developed through convergence with existing industrial infrastructure under the BHAVYA Scheme and NICDC Industrial Parks.

    Two components of the Khelo India Sports Goods Manufacturing Scheme, Anchor Investment Support and Turnover Linked Support, have a combined outlay of ₹1,130 crore.

    Anchor Investment Support is meant to encourage domestic and global manufacturers, brands and retail chains to set up facilities within the designated zones.

    Turnover Linked Support is meant to incentivise higher production, capacity expansion and sustained manufacturing growth.

    The scheme also provides assistance for upgrading existing sports goods manufacturing clusters, including common facilities and shared infrastructure.

    Khelo India Sports Goods Manufacturing Scheme: ₹105 crore for international certifications

    Under the Khelo India Sports Goods Manufacturing Scheme, manufacturers will receive support for obtaining and renewing certifications from International Sports Federations. The outlay for this component is ₹105 crore.

    Centres of Excellence will be set up in educational and research institutions for research in sports equipment, material sciences, protective gear and advanced manufacturing technologies.

    Research and development will also be encouraged through convergence with the Anusandhan National Research Foundation. Dedicated support for start-ups will align with the Startup India initiative.

    Skill development initiatives will be implemented with the Ministry of Skill Development and Entrepreneurship and industry stakeholders.

    Branding, outreach and market development initiatives will draw on the Export Promotion Mission to support Indian sports goods in international markets.

    Also Read: Sports Equipment Manufacturing Exports: NITI Aayog Outlines ₹7,500 Crore Roadmap

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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